Automotive Biometric Market - Forecast(2021 - 2026) - PowerPoint PPT Presentation

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Automotive Biometric Market - Forecast(2021 - 2026)

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Global Automotive Biometrics Market size is forecast to reach $1,650 million by 2026, estimated to grow at a CAGR of 13.1% during 2021-2026. – PowerPoint PPT presentation

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Title: Automotive Biometric Market - Forecast(2021 - 2026)


1
Automotive Biometric Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Global Automotive Biometrics Market size
    is forecast to reach 1,650 million by 2026,
    estimated to grow at a CAGR of 13.1 during
    2021-2026.
  • The changing automotive industry is leading to
    the major automakers to bring innovative
    technology and provide high personalized vehicle
    experience.
  • Facial recognition and voice recognition
    technology will lead to surge the growth of the
    market during the forecast period 2021-2026.

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  • Key Takeaways
  • In 2020, the Automotive Biometrics market was
    dominated by Europe owing presence of major
    automakers such as Ford, Mercedes and so on
    leading to the development of efficient connected
    vehicles enhancing the demand for latest
    authentication technology.
  • The growing use of fingerprint recognition system
    for authentication in order to reduce the risk of
    vehicle theft and improve vehicle safety are
    surging the growth of the Automotive Biometrics
    market.
  • The increasing demand for connected vehicles and
    the deployment of information technology such as
    human machine interface and passenger window
    touchscreens are highly accelerating the growth
    of the market.
  •  

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By Distribution Channel- Segment
Analysis Fingerprint Recognition System held the
largest market share in the Biometric Vehicles
Access System market in 2020 accounting for 28.2
share. With the growing advent in technology, the
automotive sector is leading to integrate
fingerprint recognition technology for improving
vehicle safety which has driven the growth of
this segment. The adoption of fingerprint and
facial recognition technology will lead to
provide low cost authentication system which
allows drivers to unlock and start cars without
any hassle. This technology is majorly based on
customized setting of an individual driver that
leads to avoid the risk of vehicle theft.
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  • Automotive Biometric Market Industry Outlook 
  • Fingerprint Cards Ab
  • Fujitsu Ltd.
  • Hitachi Ltd.
  • Methode Electronics
  • Nuance Communication
  • Safran SA
  • Synaptics Incorporated
  • Voicebox Technologies

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Automotive Biometric Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Automotive-Bi
ometric-Market-Research-502034
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id502034

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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