Global Hand Geometry Vehicle Access Market Size, Trends and Growth Opportunity, By Technology (Iris Recognition, Face Recognition), By Vehicle Type (Passenger Car, Battery Electric Vehicle), By Authentication (Fingerprint, Voice recognition, Hand Geometry), By Application (Door, Steering Wheel, Car Mirror, On Board), By End User (FSR, QSR, Institutional, Others), By Region and forecast till 2030.
Global Hand Geometry Vehicle Access Market
Global Hand Geometry Vehicle Access Market was valued at USD 364.07 million in 2022 and is slated to reach USD 924.21 million by 2030 at a CAGR of 12.35% from 2023-2030.
Automated car access based on physiologic or behavioural characteristics is made possible by a technology known as a hand geometry vehicle access system. It is used for manual access verification and identification to improve anti-theft security and learn more about automobile owners' comfort and safety. The biometric vehicle access system uses user-friendly, safe, and useful technologies. A variety of systems, including voice recognition, fingerprint recognition, and more, are included under the umbrella term "biometric vehicle entry system." Compared to fingerprint recognition systems for car access, voice recognition systems are less prevalent on the market.
Market Drivers
The market for hand geometry car access will see increased demand as a result of technology developments that enable speedy authentication and user-friendly high-end protection systems. The system's performance is enhanced by the international electrical technical commission (IEC) and international organisation for Standardisation (ISO) design standards, which guarantee the system's operability. The introduction of cutting-edge information technology, including human-machine interfaces (HMI) and touchscreens for passenger windows, is accelerating market expansion. The use of iris recognition technology will further broaden the potential applications of the biometric card access system. Additionally, the HMI makes it possible for the driver's dashboard to serve as an iPad, replete with a voice-activated user interface for browsing cloud data. The automotive business will benefit from these positive traits, which will increase market size.
Seeing as to its high reliability and individuality, fingerprint recognition is projected to have a substantial impact on the market's growth. Because each fingerprint is distinctive, it is simple to tell one person from another. As a result, compared to traditional recognition, the chance of fraud in the fingerprint recognition system is lower. The automobile industry is leading the way in using fingerprint recognition technology to improve safety in vehicles, which has sped up the growth of this industry. Fingerprint recognition technology will allow drivers to easily and swiftly unlock and start their vehicles. This approach, which mostly depends on the preferences of every single driver, lowers the likelihood of auto theft. Because of this important advancement, the vehicle's fingerprint recognition system has been reinforced, which will promote the growth of the sector.
Market Restraints
Hand geometry biometric vehicle entry will only have a limited market due to worries about owner data security and hazards brought on by a growing number of technological components in cars. System dysfunctionality, which results in system failure and false authentication, will limit the use of technology during the forecasted time. The biometric car entrance system uses current technology, such as sensors, cameras, and other connected technologies. Cybersecurity risk has increased as a result of connection and connected devices. When linked gadgets are used, data is generated that contains the traveller's personal information, which hackers could misuse. Because new technology is expensive, automakers find it challenging to implement it.
Market Segmentation
Global Hand Geometry Vehicle Access Market is segmented into Technology, Authentication, Vehicle Type, Application and End-User. By Technology such as Iris Recognition, Face Recognition. By Authentication such as Fingerprint, Voice recognition, and Hand Geometry. By Vehicle Type such as Passenger Car, Battery Electric Vehicle. By Applications such as Doors, Steering Wheel, Car Mirrors, On Board. By End-User such as FSR, QSR, Institutional, and Others.
Regional Analysis
Global Hand Geometry Vehicle Access Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Throughout the predicted period, Europe will maintain its current pattern of market dominance. The adoption of cutting-edge technologies and the region's expanding automobile industry are the main causes of the region's dominance. A significant demand from developing nations would cause Asia-Pacific to grow at the fastest rate over the projection period. In addition, there is a rise in vehicle production, widespread use of affordable biometric systems, and acceptance of advanced technology.
Key Players
This report includes a list of numerous Key Players, namely Hitachi, Ltd. (Japan), Nuance Communications, Inc. (U.S.), BioEnable Technologies Pvt. Ltd. (India), FindBiometrics (Canada), Iritech, Inc. (U.S.), Continental AG (Germany), CAPGEMINI ENGINEERING(India), Methode Electronics (U.S.), Synaptics Incorporated. (U.S.), Fujitsu (Japan).
Market Taxonomy
By Technology
• Iris Recognition
• Face Recognition
By Authentication
• Fingerprint
• Voice recognition
• Hand Geometry
By Vehicle Type
• Passenger Car
• Battery Electric Vehicle
By Application
• Door
• Steering Wheel
• Car Mirror
• On Board
By End User
• FSR
• QSR
• Institutional
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Hand Geometry Vehicle Access Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Hand Geometry Vehicle Access Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4Cumulative Impact due to recent Energy Crises
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Hand Geometry Vehicle Access Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Technology
5.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Technology
5.3.1 Iris Recognition
5.3.2 Face Recognition
6 Global Hand Geometry Vehicle Access Market, By Authentication
6.1 Y-o-Y Growth Comparison, By Authentication
6.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Authentication
6.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
6.3.1 Fingerprint
6.3.2 Voice recognition
6.3.3 Hand Geometry
7 Global Hand Geometry Vehicle Access Market, By End-User
7.1 Y-o-Y Growth Comparison, By End-User
7.2 Global Hand Geometry Vehicle Access Market Share Analysis, By End-User
7.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By End-User
7.3.1 FSR
7.3.2 QSR
7.3.3 Institutional
7.3.4 Others
8 Global Hand Geometry Vehicle Access Market, By Vehicle Type
8.1 Y-o-Y Growth Comparison, By Vehicle Type
8.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Vehicle Type
8.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
8.3.1 Passenger Car
8.3.2 Battery Electric Vehicle
9 Global Hand Geometry Vehicle Access Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Application
9.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Application
9.3.1 Door
9.3.2 Steering Wheel
9.3.3 Car Mirror
9.3.4 On Board
10 Global Hand Geometry Vehicle Access Market, By Region
10.1 Global Hand Geometry Vehicle Access Market Share Analysis, By Region
10.2 Global Hand Geometry Vehicle Access Market Share Analysis, By Region
10.3 Global Hand Geometry Vehicle Access Market Size and Forecast, By Region
11 North America Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 North America Hand Geometry Vehicle Access Market Share Analysis, By Technology
11.3 North America Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
11.4 North America Hand Geometry Vehicle Access Market Size and Forecast, By End-User
11.5 North America Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
11.6 North America Hand Geometry Vehicle Access Market Size and Forecast, By Application
11.7 North America Hand Geometry Vehicle Access Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Europe Hand Geometry Vehicle Access Market Share Analysis, By Technology
12.3 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
12.4 Europe Hand Geometry Vehicle Access Market Size and Forecast, By End-User
12.5 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
12.6 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Application
12.7 Europe Hand Geometry Vehicle Access Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
11.7.3 UK
11.7.4 Rest of Europe
13 Asia Pacific Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Asia Pacific Hand Geometry Vehicle Access Market Share Analysis, By Technology
13.3 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
13.4 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By End-User
13.5 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
13.6 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Application
13.7 Asia Pacific Hand Geometry Vehicle Access Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4 Rest of Asia Pacific
14 Latin America Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Latin America Hand Geometry Vehicle Access Market Share Analysis, By Technology
14.3 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
14.4 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By End-User
14.5 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
14.6 Latin America Hand Geometry Vehicle Access Market Size and Forecast, By Application
14.7 Latin America Hand Geometry Vehicle Access Market Size and Forecast, Country
14.7.1 Brazil
14.7.2 Rest of Latin America
15 Middle East Hand Geometry Vehicle Access Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Middle East Hand Geometry Vehicle Access Market Share Analysis, By Technology
15.3 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Authentication
15.4 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By End-User
15.5 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Vehicle Type
15.6 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Application
15.7 Middle East Hand Geometry Vehicle Access Market Size and Forecast, By Country
15.7.1 Saudi Arabia
15.7.2 UAE
15.7.3 Egypt
15.7.4 Kuwait
15.7.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Hitachi, Ltd. (Japan)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Nuance Communications, Inc. (U.S.)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 BioEnable Technologies Pvt. Ltd. (India)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 FindBiometrics (Canada)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Iritech, Inc. (U.S.)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Continental AG (Germany)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Capgemini Engineering (India)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Methode Electronics (U.S.)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Synaptics Incorporated. (U.S.)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Fujitsu (Japan)
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies
