Key Market Insights on Turkey Automotive Biometric Market for StartUps and Businesses
The Turkey Automotive Biometric Market is growing as biometric technologies are incorporated into vehicles to improve security and enhance driver experience. Biometric systems such as facial recognition, fingerprint scanners, and voice recognition are gaining traction for vehicle access and personalized settings. With the increasing focus on vehicle safety and driver convenience, Turkey’s automotive industry is adopting biometric solutions to meet consumer expectations. The growing awareness of cybersecurity and vehicle theft prevention is expected to further drive demand for biometric technologies in Turkey’s automotive sector.
Market Research Future (MRFR)
predicts the automotive biometric market size to reach USD 1,128 million with a
CAGR of 12% from 2024-2032 (forecast period).
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A biometric system is a vital
system used in automobiles for biometric identification and authentication in
vehicles. Its objective is to provide safety in vehicles and is used in a
variety of applications such as health monitoring, vehicle immobilizer, and
biometric car access. Biometric automotive security is an important concept in
the automotive industry due to the growing number of vehicle theft.
The global automotive biometric
market is influenced by factors like the growth of the automotive industry, the
growing need for safety and security, strict regulations regarding biometric
identification systems, and increasing investments into automotive
infrastructure development in emerging economies. There has been a rise in the
need for vehicle safety and security. As a result, the demand for the
automotive biometric industry has increased steadily.
The growing competition among
automotive biometric systems service providers is one of the main factors, and
the increasing support from the local government to use safety and security
systems in automobiles has reinforced the design and development of automotive
biometric as per the mandates by governing bodies operating in semiconductor
and automotive industry across different regions. The high cost of an
automotive biometric system and the failure of electronic components utilized
in connectivity infrastructure and automotive biometrics are expected to limit
the market growth.
Market Segmentation
The global automotive biometric
industry has been segmented based on technology, vehicle type, and application.
By technology, the global
automotive biometric market has been segmented into voice recognition, face
recognition, fingerprint scan, and others. Of these types, the fingerprint scan
segment accounted for the largest market share in 2018, followed by face
recognition and voice recognition.
By vehicle type, the global
automotive biometric market has been segmented as passenger cars and commercial
vehicles. The passenger car segment earned the largest market share in 2018; it
is anticipated to hold the largest share throughout the forecast period.
By application, the global
automotive biometric market has been segmented into driver safety systems,
advanced steering and infotainment, and vehicle security system. The vehicle
security system segment earned the largest share in 2018; it is projected to
hold the largest share of the market over the assessment period, while the
driver safety system segment is anticipated to witness higher growth until the
end of 2025.
Regional Analysis
Region-wise, the global
automotive biometric industry has been segmented as China , China , China , and
the rest of the world.
Due to the involvement of
numerous companies, China accounted for
the largest market share in terms of sales in 2018. Furthermore, rapid
technological advancements and growing demand for the commercial voyage are
expected to generate a profitable opportunity for the market. The China an
automotive biometric market is expected to expand at a rapid pace during the
forecast period, owing to the growth of the passenger car market in the United
Kingdom, Germany, and France.
Key Players
Notable players in the global
automotive biometric market include Fujitsu Ltd (Japan), Synaptics Incorporated
(US), Voicebox Technologies (US), Methode Electronics (US), VOXX International
(US), Hitachi Ltd (Japan), Safran S.A (France), Hid-Global (US), Nuance
Communications (US), Fingerprint Cards AB (Sweden).
Summary
The global
automotive biometric market is predicted to reach USD 1,128 million with a
CAGR of 12% from 2019-2025 (forecast period). Automotive biometrics is an
electronic device used in vehicles for identification and authentication for a
variety of applications, including vehicular access, ignition switch, vehicle
immobilizer, rationalization, and health monitoring. Biometric systems could be
in any form, including fingerprint scanners, face recognition, voice
recognition, and others.
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