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Automotive Biometric Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global automotive biometric market reached a value of US$ 735.6 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,793.10 Million by 2027, exhibiting a CAGR of 15.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Automotive biometric is an electronic device used to identify and authenticate in vehicles for different applications, such as ignition switch, immobilizer, rationalization, and health monitoring. It relies on biological characteristics like retinal and fingerprint scans and facial and voice recognition for verification, thereby increasing the security of vehicles and minimizing theft cases. It also collects data on the steering wheel, accelerator, and other components to monitor the stress and anxiety level of the driver and ensure his comfort as well as safety. Due to these benefits, car rental agencies nowadays rely on automobiles with automotive biometrics to streamline transactions.

 

 
 

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Automotive Biometric Market Trends:

The growing integration of biometric technology in automobiles represents one of the key factors driving the market. Moreover, insurance companies are offering a considerable discount to vehicles with biometric systems as they have a safe remote start-up, in-car payments, hands-free features, automatic preset adjustments and myriad passenger safety benefits. This, along with the increasing collaboration of automotive original equipment manufacturers (OEMs) with wearable companies to collect biometric data, is propelling the growth of the market. In addition, there is a rise in the demand for autonomous vehicles with advanced technologies, such as the internet of things (IoT), artificial learning (AI), and machine learning (ML) across the globe. This, coupled with the increasing utilization of Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) technology for enhancing mobility communication, is offering lucrative growth opportunities to industry players. Besides this, the rising employment of the human-machine interface (HMI), which allows the dashboard of the driver to work as an iPad while using the voice-activated interface to browse data from the cloud, is positively influencing the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive biometric market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology, vehicle type, sales channel and application.

Breakup by Technology:

 

 
 

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  • Fingerprint Scan
  • Voice Recognition
  • Facial Recognition
  • Others
     

Breakup by Vehicle Type:

  • Passenger Car
  • Commercial Vehicle
     

Breakup by Sales Channel:

  • OEMs
  • Aftermarket
     

Breakup by Application:

  • Vehicle Security System
  • Driver Safety System
  • Advanced Steering and Infotainment
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aware Inc., BioEnable Technologies Pvt. Ltd., Continental AG, Fingerprint Cards AB, Fujitsu Limited, Hitachi Ltd., IriTech Inc., Methode Electronics Inc., Precise Biometrics AB, Shenzhen Goodix Technology Co. Ltd., Synaptics Incorporated and VOXX International Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Technology, Vehicle Type, Sales Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aware Inc., BioEnable Technologies Pvt. Ltd., Continental AG, Fingerprint Cards AB, Fujitsu Limited, Hitachi Ltd., IriTech Inc., Methode Electronics Inc., Precise Biometrics AB, Shenzhen Goodix Technology Co. Ltd., Synaptics Incorporated and VOXX International Corporation.
Customization Scope 10% Free Customization
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Automotive Biometric Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Technology
    6.1    Fingerprint Scan
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Voice Recognition
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Facial Recognition
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Vehicle Type
    7.1    Passenger Car
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial Vehicle
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Sales Channel
    8.1    OEMs
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Aftermarket
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application 
    9.1    Vehicle Security System
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Driver Safety System
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Advanced Steering and Infotainment
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Aware Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    BioEnable Technologies Pvt. Ltd.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Continental AG
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Fingerprint Cards AB
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
        15.3.5    Fujitsu Limited
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Hitachi Ltd.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    IriTech Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Methode Electronics Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
        15.3.9    Precise Biometrics AB
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
        15.3.10    Shenzhen Goodix Technology Co. Ltd.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        15.3.11    Synaptics Incorporated
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
        15.3.12    VOXX International Corporation
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials

List of Figures

Figure 1: Global: Automotive Biometric Market: Major Drivers and Challenges
Figure 2: Global: Automotive Biometric Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Automotive Biometric Market: Breakup by Technology (in %), 2021
Figure 5: Global: Automotive Biometric Market: Breakup by Vehicle Type (in %), 2021
Figure 6: Global: Automotive Biometric Market: Breakup by Sales Channel (in %), 2021
Figure 7: Global: Automotive Biometric Market: Breakup by Application (in %), 2021
Figure 8: Global: Automotive Biometric Market: Breakup by Region (in %), 2021
Figure 9: Global: Automotive Biometric (Fingerprint Scan) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Automotive Biometric (Fingerprint Scan) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Automotive Biometric (Voice Recognition) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Automotive Biometric (Voice Recognition) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Automotive Biometric (Facial Recognition) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Automotive Biometric (Facial Recognition) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Automotive Biometric (Other Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Automotive Biometric (Other Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Automotive Biometric (Passenger Car) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Automotive Biometric (Passenger Car) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Automotive Biometric (Commercial Vehicle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Automotive Biometric (Commercial Vehicle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Automotive Biometric (OEMs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Automotive Biometric (OEMs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Automotive Biometric (Aftermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Automotive Biometric (Aftermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Automotive Biometric (Vehicle Security System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Automotive Biometric (Vehicle Security System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Automotive Biometric (Driver Safety System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Automotive Biometric (Driver Safety System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Automotive Biometric (Advanced Steering and Infotainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Automotive Biometric (Advanced Steering and Infotainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Automotive Biometric (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Automotive Biometric (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia-Pacific: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia-Pacific: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Automotive Biometric Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Automotive Biometric Market: Breakup by Country (in %), 2021
Figure 81: Middle East and Africa: Automotive Biometric Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Global: Automotive Biometric Industry: SWOT Analysis
Figure 83: Global: Automotive Biometric Industry: Value Chain Analysis
Figure 84: Global: Automotive Biometric Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Automotive Biometric Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Biometric Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 3: Global: Automotive Biometric Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 4: Global: Automotive Biometric Market Forecast: Breakup by Sales Channel (in Million US$), 2022-2027
Table 5: Global: Automotive Biometric Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Automotive Biometric Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Automotive Biometric Market: Competitive Structure
Table 8: Global: Automotive Biometric Market: Key Players


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Key Questions Answered in This Report

The global automotive biometric market was valued at US$ 735.6 Million in 2021.

We expect the global automotive biometric market to exhibit a CAGR of 15.20% during 2022-2027.

The growing prominence of automotive biometric technology for improving the security of vehicles
to minimize theft cases and for monitoring the stress levels of the driver to ensure their comfort and
safety is primarily driving the global automotive biometric market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary halt in numerous production
activities for automotive biometrics.

Based on the technology, the global automotive biometric market has been divided into fingerprint
scan, voice recognition, facial recognition, and others. Among these, fingerprint scan technology
currently exhibits a clear dominance in the market.

Based on the vehicle type, the global automotive biometric market can be categorized into
passenger car and commercial vehicle, where passenger car holds the majority of the global market
share.

Based on the sales channel, the global automotive biometric market has been segmented into OEMs
and aftermarket. Currently, OEMs represent the largest market share.

Based on the application, the global automotive biometric market can be bifurcated into vehicle
security system, driver safety system, advanced steering and infotainment, and others. Among
these, vehicle security system accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Europe currently dominates the global market.

Some of the major players in the global automotive biometric market include Aware Inc., BioEnable
Technologies Pvt. Ltd., Continental AG, Fingerprint Cards AB, Fujitsu Limited, Hitachi Ltd., IriTech
Inc., Methode Electronics Inc., Precise Biometrics AB, Shenzhen Goodix Technology Co. Ltd.,
Synaptics Incorporated, and VOXX International Corporation.

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