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The global automotive biometric market size reached US$ 863 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,048 Million by 2028, exhibiting a growth rate (CAGR) of 14.7% during 2023-2028. <br><br>More Info:- https://www.imarcgroup.com/automotive-biometric-market
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Global Automotive Biometric Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Automotive Biometric Market Research Report: The latest report by IMARC, titled “Automotive Biometric Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global automotive biometric market reached a value of US$ 863 Million in 2022. Automotive biometrics refer to electronic devices used for authentication and identification in vehicles for vehicular access, vehicle immobilizer, ignition switch, rationalization, and health monitoring. They depend on biological characteristics, such as retinal and fingerprint scans and facial and voice recognition, for verification, thus reducing theft cases and increasing the security of vehicles. They also collect data on the accelerator, steering wheel, and other components to observe the anxiety and stress level of the driver and ensure his comfort along with his safety. In recent years, automotive biometrics have gained momentum due to the dependence on car rentals on automobiles with automotive biometrics to streamline transactions. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/automotive-biometric-
Report Description and Highlights Report Description Global Automotive Biometric Market Trends: One of the primary factors driving the market is the increasing integration of biometric technology in automobiles. Additionally, the rising need for safety and developments in the upcoming markets is creating a positive market outlook. Other than this, there is a surge in demand for automotive biometrics as insurance companies are offering a substantial discount on vehicles with biometric systems due to their automatic preset adjustments, safe remote start- ups, hands-free features, and myriad passenger safety benefits. Besides this, the augmenting demand for autonomous vehicles with advanced technologies, such as artificial learning (AI), the Internet of Things (IoT), and machine learning (ML), is positively influencing the market growth. Furthermore, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) technology for improving mobility communication is continually rising. This, along with the growing utilization of the human-machine interface (HMI), enabling the driver’s dashboard to work as an iPad while using the voice-activated interface to browse data from the cloud, is strengthening the market growth. Looking forward, IMARC Group expects the market value to reach US$ 2,048 Million by 2028, expanding at a CAGR of 14.7% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Breakup by Technology: • Fingerprint Scan • Voice Recognition • Facial Recognition • Others Breakup by Vehicle Type: • Passenger Car • Commercial Vehicle Breakup by Sales Channel: • OEMs • Aftermarket Breakup by Application: • Vehicle Security System • Driver Safety System
Report Description and Highlights Report Description • Advanced Steering and Infotainment • Others Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy
Report Description and Highlights Report Description • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Aware Inc BioEnable Technologies Pvt. Ltd. Continental AG Fingerprint Cards AB Fujitsu Limited Hitachi Ltd. IriTech Inc. Methode Electronics Inc. Precise Biometrics AB Shenzhen Goodix Technology Co. Ltd. Synaptics Incorporated VOXX International Corporation. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/automotive-biometric- market
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