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Biometric Sensors Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 225 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578312
The global biometric sensors market size is expected to reach $3.31 billion by 2030 from $1.16 billion in 2020, growing at a CAGR of 11.8% from 2021 to 2030.

A biometric sensor is an identification and authentication device that uses automated methods of verifying or recognizing the identity of a living person, based on their physical attributes, including fingerprints, facial images, iris, and voice recognition. Generally, the sensor reads or measures light, temperature, speed, electrical capacity, and other types of energies. Different technologies are applied to get the conversation using sophisticated combinations, networks of sensors and digital cameras.

Many physical characteristics of a person, such as face, iris, and fingerprints, are scanned by a biometric sensor and converted to a digital image using an analog to digital converter. This digital information is stored in a memory and is used to verify or authenticate the identity of a person.

The prominent factors that impact the biometric sensors market growth are rise in number of identity threats, emergence of touch less fingerprint technology, and growth in popularity of wearable devices, such as smart watches and smart bands. However, high cost of biometric technology and easy availability of alternative cheap non-biometric technologies restricts the market growth. On the contrary, the growing concerns related to privacy breaches is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect biometric sensors market during the forecast period.

The biometric sensors market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into capacitive sensors, optical sensors, thermal sensors, ultrasound sensors, and electric field sensors. On the basis of application, it is segmented into voice scan, finger scan, hand scan, facial scan, iris scan, vein scan, and others.

On the basis of region, the biometric sensors market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is dominating the market, due to increase in demand for smart weapons, and most of the smart weapons use biometric sensors technology, which further stimulates the demand for biometric sensors in the arm industry.

The major biometric sensors market players, such as CROSSMATCH Technologies Inc., Fujitsu, Fulcrum Biometrics, Thales Group, IDEX ASA, Infineon, NEC Corporation, Precise Biometrics AB, SAFRAN S.A. and ZKTECO Inc., are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.

KEY MARKET SEGMENTS


By Type

  • Capacitive Sensors
  • Optical Sensors
  • Thermal Sensors
  • Ultrasound Sensors
  • Electric Field Sensors

By Application

  • Voice Scan
  • Finger Scan
  • Hand Scan
  • Facial Scan
  • Iris Scan
  • Vein Scan
  • Others

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

  • CROSSMATCH Technologies Inc
  • Fujitsu
  • Fulcrum Biometrics
  • Thales Group
  • IDEX ASA
  • Infineon Technologies
  • NEC Corporation
  • Precise Biometrics AB
  • SAFRAN SA
  • ZKTECO Inc

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary
2.1. Cxo Perspective

Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis

Chapter 4: Biometric Sensor Market, by Type
4.1. Market Overview
4.1.1Market Size and Forecast, by Type
4.2. Capacitive Sensors
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Optical Sensors
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
4.4. Thermal Sensors
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Share Analysis, by Country
4.5. Ultrasound Sensors
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Share Analysis, by Country
4.6. Electric Field Sensors
4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Market Share Analysis, by Country

Chapter 5: Biometric Sensor Market, by Application
5.1. Market Overview
5.1.1Market Size and Forecast, by Application
5.2. Voice Scan
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Finger Scan
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Hand Scan
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Facial Scan
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country
5.6. Iris Scan
5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Share Analysis, by Country
5.7. Vein Scan
5.7.1. Key Market Trends, Growth Factors and Opportunities
5.7.2. Market Size and Forecast, by Region
5.7.3. Market Share Analysis, by Country
5.8. Others
5.8.1. Key Market Trends, Growth Factors and Opportunities
5.8.2. Market Size and Forecast, by Region
5.8.3. Market Share Analysis, by Country

Chapter 6: Biometric Sensor Market, by Region
6.1. Market Overview
6.1.1Market Size and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, by Type
6.2.3. Market Size and Forecast, by Application
6.2.4. Market Size and Forecast, by Country
6.2.5. U. S. Biometric Sensor Market
6.2.5.1. Market Size and Forecast, by Type
6.2.5.2. Market Size and Forecast, by Application
6.2.6. Canadabiometric Sensor Market
6.2.6.1. Market Size and Forecast, by Type
6.2.6.2. Market Size and Forecast, by Application
6.2.7. Mexicobiometric Sensor Market
6.2.7.1. Market Size and Forecast, by Type
6.2.7.2. Market Size and Forecast, by Application
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, by Type
6.3.3. Market Size and Forecast, by Application
6.3.4. Market Size and Forecast, by Country
6.3.5. Ukbiometric Sensor Market
6.3.5.1. Market Size and Forecast, by Type
6.3.5.2. Market Size and Forecast, by Application
6.3.6. Germanybiometric Sensor Market
6.3.6.1. Market Size and Forecast, by Type
6.3.6.2. Market Size and Forecast, by Application
6.3.7. Francebiometric Sensor Market
6.3.7.1. Market Size and Forecast, by Type
6.3.7.2. Market Size and Forecast, by Application
6.3.8. Italybiometric Sensor Market
6.3.8.1. Market Size and Forecast, by Type
6.3.8.2. Market Size and Forecast, by Application
6.3.9. Rest of Europebiometric Sensor Market
6.3.9.1. Market Size and Forecast, by Type
6.3.9.2. Market Size and Forecast, by Application
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, by Type
6.4.3. Market Size and Forecast, by Application
6.4.4. Market Size and Forecast, by Country
6.4.5. Chinabiometric Sensor Market
6.4.5.1. Market Size and Forecast, by Type
6.4.5.2. Market Size and Forecast, by Application
6.4.6. Japanbiometric Sensor Market
6.4.6.1. Market Size and Forecast, by Type
6.4.6.2. Market Size and Forecast, by Application
6.4.7. Indiabiometric Sensor Market
6.4.7.1. Market Size and Forecast, by Type
6.4.7.2. Market Size and Forecast, by Application
6.4.8. South Koreabiometric Sensor Market
6.4.8.1. Market Size and Forecast, by Type
6.4.8.2. Market Size and Forecast, by Application
6.4.9. Australiabiometric Sensor Market
6.4.9.1. Market Size and Forecast, by Type
6.4.9.2. Market Size and Forecast, by Application
6.5. Lamea
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, by Type
6.5.3. Market Size and Forecast, by Application
6.5.4. Market Size and Forecast, by Country
6.5.5. Latin Americabiometric Sensor Market
6.5.5.1. Market Size and Forecast, by Type
6.5.5.2. Market Size and Forecast, by Application
6.5.6. Middle Eastbiometric Sensor Market
6.5.6.1. Market Size and Forecast, by Type
6.5.6.2. Market Size and Forecast, by Application
6.5.7. Africabiometric Sensor Market
6.5.7.1. Market Size and Forecast, by Type
6.5.7.2. Market Size and Forecast, by Application

Chapter 7: Company Profiles
7.1. Crossmatch Technologies Inc
7.1.1. Company Overview
7.1.2. Key Executives
7.1.3. Company Snapshot
7.1.4. Operating Business Segments
7.1.5. Product Portfolio
7.1.6. Business Performance
7.1.7. Key Strategic Moves and Developments
7.2. Fujitsu
7.2.1. Company Overview
7.2.2. Key Executives
7.2.3. Company Snapshot
7.2.4. Operating Business Segments
7.2.5. Product Portfolio
7.2.6. Business Performance
7.2.7. Key Strategic Moves and Developments
7.3. Fulcrum Biometrics
7.3.1. Company Overview
7.3.2. Key Executives
7.3.3. Company Snapshot
7.3.4. Operating Business Segments
7.3.5. Product Portfolio
7.3.6. Business Performance
7.3.7. Key Strategic Moves and Developments
7.4. Thales Group
7.4.1. Company Overview
7.4.2. Key Executives
7.4.3. Company Snapshot
7.4.4. Operating Business Segments
7.4.5. Product Portfolio
7.4.6. Business Performance
7.4.7. Key Strategic Moves and Developments
7.5. Idex Asa
7.5.1. Company Overview
7.5.2. Key Executives
7.5.3. Company Snapshot
7.5.4. Operating Business Segments
7.5.5. Product Portfolio
7.5.6. Business Performance
7.5.7. Key Strategic Moves and Developments
7.6. Infineon
7.6.1. Company Overview
7.6.2. Key Executives
7.6.3. Company Snapshot
7.6.4. Operating Business Segments
7.6.5. Product Portfolio
7.6.6. Business Performance
7.6.7. Key Strategic Moves and Developments
7.7. Nec Corporation
7.7.1. Company Overview
7.7.2. Key Executives
7.7.3. Company Snapshot
7.7.4. Operating Business Segments
7.7.5. Product Portfolio
7.7.6. Business Performance
7.7.7. Key Strategic Moves and Developments
7.8. Precise Biometrics Ab
7.8.1. Company Overview
7.8.2. Key Executives
7.8.3. Company Snapshot
7.8.4. Operating Business Segments
7.8.5. Product Portfolio
7.8.6. Business Performance
7.8.7. Key Strategic Moves and Developments
7.9. Safran
7.9.1. Company Overview
7.9.2. Key Executives
7.9.3. Company Snapshot
7.9.4. Operating Business Segments
7.9.5. Product Portfolio
7.9.6. Business Performance
7.9.7. Key Strategic Moves and Developments
7.10. Zkteco Inc
7.10.1. Company Overview
7.10.2. Key Executives
7.10.3. Company Snapshot
7.10.4. Operating Business Segments
7.10.5. Product Portfolio
7.10.6. Business Performance
7.10.7. Key Strategic Moves and DevelopmentsList of Tables
Table 1. Global Biometric Sensor Market, by Type, 2020-2030 ($Million)
Table 2. Global Biometric Sensor Market for Capacitive Sensors, by Region, 2020-2030 ($Million)
Table 3. Global Biometric Sensor Market for Optical Sensors, by Region, 2020-2030 ($Million)
Table 4. Global Biometric Sensor Market for Thermal Sensors, by Region, 2020-2030 ($Million)
Table 5. Global Biometric Sensor Market for Ultrasound Sensors, by Region, 2020-2030 ($Million)
Table 6. Global Biometric Sensor Market for Electric Field Sensors, by Region, 2020-2030 ($Million)
Table 7. Global Biometric Sensor Market, by Application, 2020-2030 ($Million)
Table 8. Global Biometric Sensor Market for Voice Scan, by Region, 2020-2030 ($Million)
Table 9. Global Biometric Sensor Market for Finger Scan, by Region, 2020-2030 ($Million)
Table 10. Global Biometric Sensor Market for Hand Scan, by Region, 2020-2030 ($Million)
Table 11. Global Biometric Sensor Market for Facial Scan, by Region, 2020-2030 ($Million)
Table 12. Global Biometric Sensor Market for Iris Scan, by Region, 2020-2030 ($Million)
Table 13. Global Biometric Sensor Market for Vein Scan, by Region, 2020-2030 ($Million)
Table 14. Global Biometric Sensor Market for Others, by Region, 2020-2030 ($Million)
Table 15. Global Biometric Sensor Market, by Region, 2020-2030 ($Million)
Table 16. North America Biometric Sensor, by Type, 2020-2030 ($Million)
Table 17. North America Biometric Sensor, by Application, 2020-2030 ($Million)
Table 18. U.S Biometric Sensor, by Type, 2020-2030 ($Million)
Table 19. U.S Biometric Sensor, by Application, 2020-2030 ($Million)
Table 20. Canada Biometric Sensor, by Type, 2020-2030 ($Million)
Table 21. Canada Biometric Sensor, by Application, 2020-2030 ($Million)
Table 22. Mexico Biometric Sensor, by Type, 2020-2030 ($Million)
Table 23. Mexico Biometric Sensor, by Application, 2020-2030 ($Million)
Table 24. Europe Biometric Sensor, by Type, 2020-2030 ($Million)
Table 25. Europe Biometric Sensor, by Application, 2020-2030 ($Million)
Table 26. Uk Biometric Sensor, by Type, 2020-2030 ($Million)
Table 27. Uk Biometric Sensor, by Application, 2020-2030 ($Million)
Table 28. Germany Biometric Sensor, by Type, 2020-2030 ($Million)
Table 29. Germany Biometric Sensor, by Application, 2020-2030 ($Million)
Table 30. France Biometric Sensor, by Type, 2020-2030 ($Million)
Table 31. France Biometric Sensor, by Application, 2020-2030 ($Million)
Table 32. Italy Biometric Sensor, by Type, 2020-2030 ($Million)
Table 33. Italy Biometric Sensor, by Application, 2020-2030 ($Million)
Table 34. Rest of Europe Biometric Sensor, by Type, 2020-2030 ($Million)
Table 35. Rest of Europe Biometric Sensor, by Application, 2020-2030 ($Million)
Table 36. Asia-Pacific Biometric Sensor, by Type, 2020-2030 ($Million)
Table 37. Asia-Pacific Biometric Sensor, by Application, 2020-2030 ($Million)
Table 38. China Biometric Sensor, by Type, 2020-2030 ($Million)
Table 39. China Biometric Sensor, by Application, 2020-2030 ($Million)
Table 40. Japan Biometric Sensor, by Type, 2020-2030 ($Million)
Table 41. Japan Biometric Sensor, by Application, 2020-2030 ($Million)
Table 42. India Biometric Sensor, by Type, 2020-2030 ($Million)
Table 43. India Biometric Sensor, by Application, 2020-2030 ($Million)
Table 44. South Korea Biometric Sensor, by Type, 2020-2030 ($Million)
Table 45. South Korea Biometric Sensor, by Application, 2020-2030 ($Million)
Table 46. Australia Biometric Sensor, by Type, 2020-2030 ($Million)
Table 47. Australia Biometric Sensor, by Application, 2020-2030 ($Million)
Table 48. Lamea Biometric Sensor, by Type, 2020-2030 ($Million)
Table 49. Lamea Biometric Sensor, by Application, 2020-2030 ($Million)
Table 50. Latin America Biometric Sensor, by Type, 2020-2030 ($Million)
Table 51. Latin America Biometric Sensor, by Application, 2020-2030 ($Million)
Table 52. Middle East Biometric Sensor, by Type, 2020-2030 ($Million)
Table 53. Middle East Biometric Sensor, by Application, 2020-2030 ($Million)
Table 54. Africa Biometric Sensor, by Type, 2020-2030 ($Million)
Table 55. Africa Biometric Sensor, by Application, 2020-2030 ($Million)
Table 56. Crossmatch Technologies Inc: Key Executives
Table 57. Crossmatch Technologies Inc: Company Snapshot
Table 58. Crossmatch Technologies Inc: Operating Segments
Table 59. Crossmatch Technologies Inc: Product Portfolio
Table 60. Crossmatch Technologies Inc: Key Strategic Moves and Developments
Table 61. Fujitsu: Key Executives
Table 62. Fujitsu: Company Snapshot
Table 63. Fujitsu: Operating Segments
Table 64. Fujitsu: Product Portfolio
Table 65. Fujitsu: Key Strategic Moves and Developments
Table 66. Fulcrum Biometrics: Key Executives
Table 67. Fulcrum Biometrics: Company Snapshot
Table 68. Fulcrum Biometrics: Operating Segments
Table 69. Fulcrum Biometrics: Product Portfolio
Table 70. Fulcrum Biometrics: Key Strategic Moves and Developments
Table 71. Thales Group: Key Executives
Table 72. Thales Group: Company Snapshot
Table 73. Thales Group: Operating Segments
Table 74. Thales Group: Product Portfolio
Table 75. Thales Group: Key Strategic Moves and Developments
Table 76. Idex Asa: Key Executives
Table 77. Idex Asa: Company Snapshot
Table 78. Idex Asa: Operating Segments
Table 79. Idex Asa: Product Portfolio
Table 80. Idex Asa: Key Strategic Moves and Developments
Table 81. Infineon: Key Executives
Table 82. Infineon: Company Snapshot
Table 83. Infineon: Operating Segments
Table 84. Infineon: Product Portfolio
Table 85. Infineon: Key Strategic Moves and Developments
Table 86. Nec Corporation: Key Executives
Table 87. Nec Corporation: Company Snapshot
Table 88. Nec Corporation: Operating Segments
Table 89. Nec Corporation: Product Portfolio
Table 90. Nec Corporation: Key Strategic Moves and Developments
Table 91. Precise Biometrics Ab: Key Executives
Table 92. Precise Biometrics Ab: Company Snapshot
Table 93. Precise Biometrics Ab: Operating Segments
Table 94. Precise Biometrics Ab: Product Portfolio
Table 95. Precise Biometrics Ab: Key Strategic Moves and Developments
Table 96. Safran: Key Executives
Table 97. Safran: Company Snapshot
Table 98. Safran: Operating Segments
Table 99. Safran: Product Portfolio
Table 100. Safran: Key Strategic Moves and Developments
Table 101. Zkteco Inc: Key Executives
Table 102. Zkteco Inc: Company Snapshot
Table 103. Zkteco Inc: Operating Segments
Table 104. Zkteco Inc: Product Portfolio
Table 105. Zkteco Inc: Key Strategic Moves and Developments

List of Figures
Figure 1. Global Biometric Sensor Market Segmentation
Figure 2. Global Biometric Sensor Market
Figure 3. Segmentation Biometric Sensor Market
Figure 4. Top Investment Pocket in Biometric Sensor Market
Figure 5. Top Winning Strategies, 2019-2021*
Figure 6. Top Winning Strategies, by Development, 2019-2021(%)
Figure 7. Top Winning Strategies, by Company, 2019-2021*
Figure 8. Moderate Bargaining Power of Buyers
Figure 9. Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low Threat of Substitution
Figure 12. High Competitive Rivalry
Figure 13. Top Player Positioning, 2020
Figure 14. Market Share Analysis, 2020
Figure 15. Restraints and Drivers: Biometric Sensor Market
Figure 16. Biometric Sensor Market Segmentation, by Type
Figure 17. Biometric Sensor Market for Capacitive Sensors, by Country, 2020-2030 ($ Million)
Figure 18. Biometric Sensor Market for Optical Sensors, by Country, 2020-2030 ($ Million)
Figure 19. Biometric Sensor Market for Thermal Sensors, by Country, 2020-2030 ($ Million)
Figure 20. Biometric Sensor Market for Ultrasound Sensors, by Country, 2020-2030 ($ Million)
Figure 21. Biometric Sensor Market for Electric Field Sensors, by Country, 2020-2030 ($ Million)
Figure 22. Biometric Sensor Market Segmentation, by Application
Figure 23. Biometric Sensor Market for Voice Scan, by Country, 2020-2030 ($ Million)
Figure 24. Biometric Sensor Market for Finger Scan, by Country, 2020-2030 ($ Million)
Figure 25. Biometric Sensor Market for Hand Scan, by Country, 2020-2030 ($ Million)
Figure 26. Biometric Sensor Market for Facial Scan, by Country, 2020-2030 ($ Million)
Figure 27. Biometric Sensor Market for Iris Scan, by Country, 2020-2030 ($ Million)
Figure 28. Biometric Sensor Market for Vein Scan, by Country, 2020-2030 ($ Million)
Figure 29. Biometric Sensor Market for Others, by Country, 2020-2030 ($ Million)
Figure 30. Crossmatch Technologies Inc: Net Sales, 2018-2020 ($ Million)
Figure 31. Crossmatch Technologies Inc: Revenue Share, by Segment, 2020 (%)
Figure 32. Crossmatch Technologies Inc: Revenue Share, by Region, 2020 (%)
Figure 33. Fujitsu: Net Sales, 2018-2020 ($ Million)
Figure 34. Fujitsu: Revenue Share, by Segment, 2020 (%)
Figure 35. Fujitsu: Revenue Share, by Region, 2020 (%)
Figure 36. Fulcrum Biometrics: Net Sales, 2018-2020 ($ Million)
Figure 37. Fulcrum Biometrics: Revenue Share, by Segment, 2020 (%)
Figure 38. Fulcrum Biometrics: Revenue Share, by Region, 2020 (%)
Figure 39. Thales Group: Net Sales, 2018-2020 ($ Million)
Figure 40. Thales Group: Revenue Share, by Segment, 2020 (%)
Figure 41. Thales Group: Revenue Share, by Region, 2020 (%)
Figure 42. Idex Asa: Net Sales, 2018-2020 ($ Million)
Figure 43. Idex Asa: Revenue Share, by Segment, 2020 (%)
Figure 44. Idex Asa: Revenue Share, by Region, 2020 (%)
Figure 45. Infineon: Net Sales, 2018-2020 ($ Million)
Figure 46. Infineon: Revenue Share, by Segment, 2020 (%)
Figure 47. Infineon: Revenue Share, by Region, 2020 (%)
Figure 48. Nec Corporation: Net Sales, 2018-2020 ($ Million)
Figure 49. Nec Corporation: Revenue Share, by Segment, 2020 (%)
Figure 50. Nec Corporation: Revenue Share, by Region, 2020 (%)
Figure 51. Precise Biometrics Ab: Net Sales, 2018-2020 ($ Million)
Figure 52. Precise Biometrics Ab: Revenue Share, by Segment, 2020 (%)
Figure 53. Precise Biometrics Ab: Revenue Share, by Region, 2020 (%)
Figure 54. Safran: Net Sales, 2018-2020 ($ Million)
Figure 55. Safran: Revenue Share, by Segment, 2020 (%)
Figure 56. Safran: Revenue Share, by Region, 2020 (%)
Figure 57. Zkteco Inc: Net Sales, 2018-2020 ($ Million)
Figure 58. Zkteco Inc: Revenue Share, by Segment, 2020 (%)
Figure 59. Zkteco Inc: Revenue Share, by Region, 2020 (%)

Executive Summary

According to a new report titled, “Biometric Sensors Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global biometric sensors market size was valued at $1.15 billion in 2020, and is projected to reach $3.31 billion by 2030, registering a CAGR of 11.8% during the forecast period. The North America region is expected to be the leading contributor to the global market during the forecast period, followed by Asia-Pacific and Europe.

A biometric sensor is an identification and authentication device that uses automated methods of verifying or recognizing the identity of a living person, based on the physical attribute. These attributes include fingerprints, facial images, Iris and voice recognition. Generally, the sensor reads or measures light, temperature, speed, electrical capacity, and other types of energies. Different technologies are applied to get the conversation using sophisticated combinations, networks of sensors and digital cameras.

Many physical characteristics of a person, such as face, iris, fingerprints, are scanned by a biometric sensor and are converted to a digital image using an analog to digital converter. This digital information is stored in a memory and is used to verify or authenticate identity of person.

In the current modernized digital world, security threats are on a rapid rise. The global financial and banking sectors are interconnected via the Internet and the data related to consumers is highly confidential and prone to cyber-attacks. The current security systems implemented by organizations have multiple loopholes and are unsecure against high level cyber-attacks. Further, surge in demand for touchless fingerprint technology drives the biometrics sensors market.

Prominent factors that impact the biometric sensors market growth include the rise in number of identity threats, emergence of touch less fingerprint technology, and growth in popularity of wearable devices, such as smart watches and smart bands. However, high cost of biometric technology and easy availability of alternative cheap non-biometric technologies restricts the market growth. On the contrary, the growing concerns related to privacy breaches is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect the biometric sensors industry during the forecast period.

On the basis of region, the biometric sensors market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is dominating the market, due to increase in demand for smart weapons, and most of the smart weapons use biometric sensors technology, which further stimulates the demand for biometric sensors. The overall biometric sensors market analysis is determined to understand the profitable trends to gain a stronger foothold.

COVID-19 Impact Analysis


The COVID-19 pandemic has significantly impacted global economies, resulting in workforce & travel restrictions, supply chain & production disruptions, and reduced demand & spending across many sectors. Sudden decline in infrastructure development is expected to hamper the growth of the market share.

The biometric sensors market revenue witnessed a decline in its growth rate, owing to delayed projects, which led to a substantial impact. Furthermore, market players are investing in R&D of biometric sensors, owing to increase in governmental initiatives globally. Therefore, the biometric sensors market size is anticipated to gain momentum by the end of 2022.

Key Findings Of Study


  • In 2020, the voice scan segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 139% during the forecast period
  • The thermal sensors segment is expected to witness highest growth rate during the forecast period
  • Germany was the major shareholder in the Europe biometric sensors market, accounting for approximately 25% share in terms of revenue in 2020
  • The key players profiled in the report include CROSSMATCH Technologies Inc., Fujitsu, Fulcrum Biometrics, Thales Group, IDEX ASA, Infineon, NEC Corporation, Precise Biometrics AB, SAFRAN S.A. and ZKTECO Inc These players have adopted various strategies, such as partnership, agreement, collaboration, and product launch to expand their foothold in the biometric sensors industry

Companies Mentioned

  • CROSSMATCH Technologies Inc.
  • Fujitsu
  • Fulcrum Biometrics
  • Thales Group
  • IDEX ASA
  • Infineon Technologies
  • NEC Corporation
  • Precise Biometrics AB
  • SAFRAN S.A.
  • ZKTECO Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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