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Biometric Vehicle Access Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5933982
The biometric vehicle access market size has grown rapidly in recent years. It will grow from $12.27 billion in 2023 to $14.17 billion in 2024 at a compound annual growth rate (CAGR) of 15.5%. The expansion observed during the historical period can be ascribed to several factors, including heightened emphasis on security and anti-theft measures, increased demand within the luxury vehicle segment, a consumer inclination toward convenience, the evolving requirements of corporate fleet management, and the integration of biometric vehicle access with smart car features. These elements collectively contributed to the growth experienced in the past.

The biometric vehicle access market size is expected to see rapid growth in the next few years. It will grow to $24.08 billion in 2028 at a compound annual growth rate (CAGR) of 14.2%. The anticipated growth in the forecast period is linked to several key factors, including the increasing prevalence of autonomous and shared mobility, heightened regulatory focus on vehicle security, advancements in multi-modal biometrics, the impact of electric and connected vehicles, and the extension of biometric vehicle access into mainstream vehicle segments. Notable trends expected in the forecast period encompass the implementation of enhanced security features to counteract spoofing, emphasis on personalization and driver profile recognition, the integration of biometrics in car-sharing and mobility services, a strong commitment to privacy and data security compliance, and significant research and development efforts in the field of behavioral biometrics. These trends collectively contribute to the projected growth in the coming period.

The projected rise in instances of car theft is set to act as a catalyst for the advancement of the biometric vehicle access market in the foreseeable future. Car theft, involving the unlawful acquisition of a vehicle without proper consent or legal authorization, remains a significant concern. Biometric vehicle access solutions present a notably secure and personalized means of vehicle entry, serving as a potent deterrent against such thefts. In March 2023, data from the National Insurance Crime Bureau revealed a consistent monthly national vehicle theft rate surpassing 75,000, culminating in over 1 million vehicles stolen in 2022 - an alarming 7% surge compared to the previous year. Consequently, the escalating occurrences of car theft serve as a driving force behind the expanding biometric vehicle access market.

The increasing demand for luxury vehicles is poised to be a pivotal factor propelling the future growth of the biometric vehicle access market. Luxury vehicles, manufactured by established automakers, offer enhanced comfort, features, and equipment. Biometric access systems integrated into these high-end vehicles provide a seamless and tailored experience for owners. These systems facilitate effortless unlocking and vehicle start-up while simultaneously adjusting seat positions, climate controls, and entertainment preferences based on individual profiles. For instance, Bayerische Motoren Werke AG reported a significant surge in BMW brand sales in the U.S., totaling 101,738 vehicles in Q4 2022 - a 9.4% increase from the 93,031 vehicles sold in the same quarter of 2021. This growing inclination towards luxury vehicle ownership contributes significantly to the expansion of the biometric vehicle access market.

The primary hurdle in the biometric vehicle access market stems from mounting apprehensions concerning privacy and ethical implications linked with the collection and utilization of biometric data in vehicular systems. The ethical and privacy concerns encompass the moral and legal dimensions of gathering, storing, and utilizing individuals' biometric data - such as fingerprints, facial features, iris patterns, or voiceprints - to access and operate vehicles. Challenges in ethics related to biometrics involve potential threats to personal identity integrity, inadequacies in inclusive data sets, anxieties regarding privacy infringements and surveillance, and uncertainties within legal and regulatory frameworks. For instance, in September 2021, a data breach was reported by the Office of Inspector General, disclosing a compromise of approximately 184,000 traveler images from the U.S. Customs and Border Protection (CBP) facial recognition pilot, leading to the exposure of at least 19 images online. Consequently, the escalating apprehension concerning privacy and ethical considerations acts as a significant impediment to the expansion of the biometric vehicle access market.

Prominent entities operating within the biometric vehicle access market are directing their focus towards pioneering solutions such as barrier-free biometric verification, aiming to furnish reliable services to their clientele. Barrier-free biometric verification involves employing biometric authentication methods to offer seamless and secure access without necessitating physical barriers, tokens, or other external devices. For example, in March 2023, IDEMIA, a software development company based in France, introduced OneLook Gen2 and MorphoWave TP systems. These advancements provide precise biometric matching capabilities along with remote face and iris capture functionality through a single device. OneLook Gen2 finds applications in various domains, including border control and smart boarding, enhancing safety and accessibility for travelers. Furthermore, the MorphoWave TP system, leveraging ten-fingerprint biometrics, enables contactless capture on-the-move, allowing simultaneous scanning of four fingers and the thumb.

In September 2022, Harman International Industries, Inc., a US-based computer and electronic product manufacturing company, acquired Caaresys for an undisclosed amount. Through this acquisition, Harman aims to expand its automotive product offerings with strong consumer-centric digital cockpits, advanced driver assistance systems (ADAS) solutions, and in-cabin radar sensor technology. Caaresys is an Israel-based company specializing in biometric automotive sensor technology for vehicle safety.

Major companies operating in the biometric vehicle access market report are Continental AG, Hyundai Mobis Co. Ltd., 3M Company, Fujitsu Ltd., NEC Corporation, NXP Semiconductors NV, Hella KGaA Hueck & Co., Visteon Corporation, IDEMIA Group, Gentex Corporation, Synaptics Inc., HID Global Corporation, VOXX International Corporation, SRI International Inc., Shenzhen Goodix Technology Co. Ltd., ZKTeco Co. Ltd., Egis Technology Inc., Fingerprint Cards AB, Suprema Inc., Sonavation Inc., IriTech Inc., BIO-key International Inc., Green Bit S.p.A., SecuGen Corporation, IDEX Biometrics ASA.

Europe was the largest region in the biometric vehicle access market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biometric vehicle access market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in the biometric vehicle access market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The biometric vehicle access market consists of revenues earned by entities by providing anti-theft protection, advanced auto-alarming, and anti-carjacking. The market value includes the value of related goods sold by the service provider or included within the service offering. The biometric vehicle access market also includes sales of vehicle security systems, fingerprint identification devices, and microphones that are used in providing biometric vehicle access services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Primary technologies employed in biometric vehicle access encompass iris recognition and face recognition. Iris recognition involves utilizing biometric technology to analyze distinct patterns in the iris for identification purposes. Various authentication technologies, such as fingerprint recognition, voice recognition, and hand geometry, are applied across different vehicle types, including passenger cars and battery-electric vehicles. This sophisticated approach enhances security measures and access control within the automotive industry.

The biometric vehicle access market research report is one of a series of new reports that provides biometric vehicle access market statistics, including biometric vehicle access industry global market size, regional shares, competitors with a biometric vehicle access market share, detailed biometric vehicle access market segments, market trends, and opportunities, and any further data you may need to thrive in the biometric vehicle access industry. This biometric vehicle access market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Biometric Vehicle Access Market Characteristics3. Biometric Vehicle Access Market Trends and Strategies
4. Biometric Vehicle Access Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Biometric Vehicle Access Market Size and Growth
5.1. Global Biometric Vehicle Access Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Biometric Vehicle Access Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Biometric Vehicle Access Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Biometric Vehicle Access Market Segmentation
6.1. Global Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Iris Recognition
  • Face Recognition
6.2. Global Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Fingerprint Recognition
  • Voice Recognition
  • Hand Geometry
6.3. Global Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Passenger Car
  • Battery Electric Vehicle
7. Biometric Vehicle Access Market Regional and Country Analysis
7.1. Global Biometric Vehicle Access Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Biometric Vehicle Access Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Biometric Vehicle Access Market
8.1. Asia-Pacific Biometric Vehicle Access Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Biometric Vehicle Access Market
9.1. China Biometric Vehicle Access Market Overview
9.2. China Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Biometric Vehicle Access Market
10.1. India Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Biometric Vehicle Access Market
11.1. Japan Biometric Vehicle Access Market Overview
11.2. Japan Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Biometric Vehicle Access Market
12.1. Australia Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Biometric Vehicle Access Market
13.1. Indonesia Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Biometric Vehicle Access Market
14.1. South Korea Biometric Vehicle Access Market Overview
14.2. South Korea Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Biometric Vehicle Access Market
15.1. Western Europe Biometric Vehicle Access Market Overview
15.2. Western Europe Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Biometric Vehicle Access Market
16.1. UK Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Biometric Vehicle Access Market
17.1. Germany Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Biometric Vehicle Access Market
18.5. France Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Biometric Vehicle Access Market
19.9. Italy Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Biometric Vehicle Access Market
20.13. Spain Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Biometric Vehicle Access Market
21.1. Eastern Europe Biometric Vehicle Access Market Overview
21.2. Eastern Europe Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Biometric Vehicle Access Market
22.1. Russia Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Biometric Vehicle Access Market
23.1. North America Biometric Vehicle Access Market Overview
23.2. North America Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Biometric Vehicle Access Market
24.1. USA Biometric Vehicle Access Market Overview
24.2. USA Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Biometric Vehicle Access Market
25.1. Canada Biometric Vehicle Access Market Overview
25.2. Canada Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Biometric Vehicle Access Market
26.1. South America Biometric Vehicle Access Market Overview
26.2. South America Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Biometric Vehicle Access Market
27.1. Brazil Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Biometric Vehicle Access Market
28.1. Middle East Biometric Vehicle Access Market Overview
28.2. Middle East Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Biometric Vehicle Access Market
29.1. Africa Biometric Vehicle Access Market Overview
29.2. Africa Biometric Vehicle Access Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Biometric Vehicle Access Market, Segmentation by Authentication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Biometric Vehicle Access Market, Segmentation by Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Biometric Vehicle Access Market Competitive Landscape and Company Profiles
30.1. Biometric Vehicle Access Market Competitive Landscape
30.2. Biometric Vehicle Access Market Company Profiles
30.2.1. Continental AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Hyundai Mobis Co. Ltd.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. 3M Company
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Fujitsu Ltd.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. NEC Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Biometric Vehicle Access Market Other Major and Innovative Companies
31.1. NXP Semiconductors NV
31.2. Hella KGaA Hueck & Co.
31.3. Visteon Corporation
31.4. IDEMIA Group
31.5. Gentex Corporation
31.6. Synaptics Inc.
31.7. HID Global Corporation
31.8. VOXX International Corporation
31.9. SRI International Inc.
31.10. Shenzhen Goodix Technology Co. Ltd.
31.11. ZKTeco Co. Ltd.
31.12. Egis Technology Inc.
31.13. Fingerprint Cards AB
31.14. Suprema Inc.
31.15. Sonavation Inc.
32. Global Biometric Vehicle Access Market Competitive Benchmarking33. Global Biometric Vehicle Access Market Competitive Dashboard34. Key Mergers and Acquisitions in the Biometric Vehicle Access Market
35. Biometric Vehicle Access Market Future Outlook and Potential Analysis
35.1 Biometric Vehicle Access Market in 2028 - Countries Offering Most New Opportunities
35.2 Biometric Vehicle Access Market in 2028 - Segments Offering Most New Opportunities
35.3 Biometric Vehicle Access Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Biometric Vehicle Access Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on biometric vehicle access market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for biometric vehicle access? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:
1) By Technology: Iris Recognition; Face Recognition
2) By Authentication Technology: Fingerprint Recognition; Voice Recognition; Hand Geometry
3) By Vehicle Type: Passenger Car; Battery Electric Vehicle

Key Companies Mentioned: Continental AG; Hyundai Mobis Co. Ltd.; 3M Company; Fujitsu Ltd.; NEC Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Methodology

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