31.05.2017 Views

Biometric Vehicle Access System Market

Biometric Vehicle Access System Market segment is in the growth phase and is anticipated to expand significantly by 2024, biometric vehicle access system market has segmented based on authentication type, future technology, and vehicle type

Biometric Vehicle Access System Market segment is in the growth phase and is anticipated to expand significantly by 2024, biometric vehicle access system market has segmented based on authentication type, future technology, and vehicle type

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Biometric</strong> <strong>Vehicle</strong> <strong>Access</strong> <strong>System</strong> <strong>Market</strong> Advanced<br />

technologies & growth opportunities in global<br />

Industry by 2024<br />

<strong>Biometric</strong> <strong>Vehicle</strong> <strong>Access</strong> <strong>System</strong> <strong>Market</strong> is a technology developed for automated access to a<br />

vehicle based on behavioral or physiological characteristics. It is used for verification and<br />

recognition of a manual access for better anti-theft protection and sense of comfort and safety for<br />

car owners. The biometric vehicle access system technology is user-friendly, reliable, and<br />

convenient. These systems are primarily adopted by renowned automotive brands such as<br />

Mercedes-Benz, BMW, Ford, and Volkswagen. These brands are adopt biometric vehicle access<br />

technology in order to seek better ways to strengthen the safety and security system of their<br />

vehicles. The biometric vehicle access system entails few access tests to verify highly-secure and<br />

authorized controls. After passing these tests, the biometric access control system allows the user<br />

to start the engine of the car. Voice verification, fingerprints, hand geometry, and retina/ iris/ face<br />

recognition are the various types of biometric vehicle access systems available in the market.<br />

The biometric vehicle access system market can be segmented based on authentication type,<br />

future technology, and vehicle type. Based on authentication type, the market can be bifurcated<br />

into fingerprint and voice. The fingerprint recognition system is expected to account for the<br />

major share of the biometric vehicle access system market, considering its high reliability.<br />

Fingerprints of two people are never the same; they can be distinguished. Therefore, the chances<br />

of fraud in the fingerprint recognition system is lesser than that in the voice recognition system.<br />

Voices of two persons can be the same. This can lead to deception.<br />

Based on future technology, the biometric vehicle access system market can be segregated into<br />

retina or iris and face recognition system. Demand for the iris recognition system is expected to<br />

increase rapidly due to the rise in demand for safety features. The face recognition system carries<br />

chances of fraud, as faces can be cloned. Many scams related to cloning of faces have been<br />

unearthed in the past. Thus, demand for iris or retina recognition system has been increasing. The<br />

segment is in the growth phase and is anticipated to expand significantly by 2024.<br />

Get accurate market forecast and analysis on the <strong>Biometric</strong> <strong>Vehicle</strong> <strong>Access</strong> <strong>System</strong> <strong>Market</strong>.<br />

Request a sample to stay abreast on the key trends impacting this market:<br />

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=22283<br />

Based on vehicle type, the biometric vehicle access system market can be segmented into<br />

passenger cars and battery electric vehicles. <strong>Biometric</strong> vehicle access systems are still in the<br />

growth phase, as these are developing technologies. Increase in industry standards such as the<br />

BioAPI is estimated to boost the biometric vehicle access system market in the near future.<br />

In terms of region, Europe dominates the global biometric vehicle access system market, led by


growth in the automobiles industry. Germany is a major manufacturer of automobiles across the<br />

globe. This is projected to propel the global biometric vehicle access systems market in Europe.<br />

The automotive industry in Europe adopts highly advanced technologies compared to that in<br />

Asia Pacific or North America. Rise in population in Asia Pacific is likely to drive the biometric<br />

vehicle access systems market in the region. The biometric vehicle access systems market in<br />

India and China is expanding significantly. North America is also a favorable market for<br />

biometric vehicle access system. Demand for biometric vehicle access system is low in Middle<br />

East & Africa and Latin America compared to other regions; however, demand for these systems<br />

is anticipated to rise in the near future due to growing automobile industry in the region.<br />

Key players operating in the global biometric vehicle access systems market include Safran S.A,<br />

Hitachi Ltd., Fujitsu Ltd., Nuance Communications, Voxx International, Hid-Global, and<br />

Synaptics Incorporated.<br />

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative<br />

insights, historical data, and verifiable projections about market size. The projections featured in<br />

the report have been derived using proven research methodologies and assumptions.<br />

About Us<br />

Transparency <strong>Market</strong> Research (TMR) is a global market intelligence company providing<br />

business information reports and services. The company’s exclusive blend of quantitative<br />

forecasting and trend analysis provides forward-looking insight for thousands of decision<br />

makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data<br />

sources and various tools and techniques to gather and analyze information.<br />

TMR’s data repository is continuously updated and revised by a team of research experts so<br />

that it always reflects the latest trends and information. With extensive research and analysis<br />

capabilities, Transparency <strong>Market</strong> Research employs rigorous primary and secondary research<br />

techniques to develop distinctive data sets and research material for business reports.<br />

Contact Us<br />

Transparency <strong>Market</strong> Research<br />

State Tower,<br />

90 State Street, Suite 700,<br />

Albany NY - 12207<br />

United States<br />

USA - Canada Toll Free: 866-552-3453<br />

Email: sales@transparencymarketresearch.com<br />

Website: http://www.transparencymarketresearch.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!