Global Automotive Gesture Recognition System Market Analysis, Industry Forecasts, 2016 - 2024

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Automotive Gesture Recognition Systems (GRS)
Market Trends, Statistics, Industry Analysis by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Automotive GRS Market

• Increasing vehicle safety technology adoption to
  curb vehicle collisions is expected to
  prominently fuel the overall automotive gesture
  recognition systems market growth.
• OEMs are highly focused on enhancing user
  experience through technological advancements.
  Increased acceptance and maturity of gesture
  recognition technologies from consumer
  electronics industry is anticipated to positively
  impact the automotive gesture recognition systems
  market.
• Human errors and potential receiving
  discrepancies are anticipated to hamper the
  overall automotive gesture recognition systems
  market growth.

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Continued...

• These haptic feedback solutions are featured to
  restrict driver distraction and ensure safety,
  are expected to pose significant threat to
  automotive gesture recognition systems market.
• Industry participants requirement to
  differentiate their automobiles in the
  competition will provide viable growth
  opportunities to technology vendors offering
  automotive gesture recognition systems in gear
  shifts, multimedia, and lighting systems.
• Automobile electronic manufacturers and OEMs are
  anticipated to increasingly focus on user
  experience enhancement and provide convenience in
  operating navigation or infotainment systems.

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360 Analysis

• Product Analysis
• Increasing need for flight automation, reduction
  in operating expenses for higher gains, improved
  fuel efficiency, and safer cruise are the drivers
  which will accelerate the autopilot system market
  size in the coming years.
• Regional Analysis
• Recent focus of U.S. based technology development
  companies and automobile OEMs towards automotive
  gesture recognition systems commercialization is
  predicted to reduce their overall product prices.
  This is anticipated to encourage OEMs to
  implement these technologies in the mid-level car
  segment.
• Competitive Market Share
• Some major players in automotive GRS market
  include Continental AG, EyeSight Technologies
  Ltd., HARMAN International, CogniVue, Neonode,
  Texas Instruments, Renesas, Melexis, Thalmic
  Labs, NXP Semiconductors, SoftKinetic, Qualcomm
  Inc., Synaptics Inc., Cognitec Systems GmbH,
  Visteon Corp., PointGrab, and Omek Interactive
  Ltd.

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