According to the report titled ‘Automotive Gesture Recognition Market Size By Product (Touch-based, Touchless), By Authentication (Hand/Fingerprint/Palm/Leg, Face, Vision/Iris), By Application (Multimedia/Infotainment/Navigation, Lighting), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with MarketStudyReport, global automotive gesture recognition market is set to record significant gains during the forecast period 2020-2026.

 

Rising vehicle electrification and autonomous driving trends, elevated demand for passenger vehicles, growing concerns about driver & passenger safety, and soaring luxury & premium car sales are all factors driving the growth of global automotive gesture recognition market.

 

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For the unversed, gesture recognition enables humans to interact with machines and computers in a natural manner, without making physical contact with these devices. Moreover, this technology with little contact between the user and device makes it ideal for applications in hazardous environments where touching the screen is not preferred.

 

However, huge implementation charges, technical difficulties, and a slowdown in the semiconductor industry are likely to impede the market growth during the forecast period.

 

Based on application, lighting system segment registered a market share of 25% in 2019, due to increasing integration of lighting gesture controls by OEMs catering to the demand for advanced features in vehicles.

 

In terms of product, touchless segment of global automotive gesture recognition market is estimated to exhibit a CAGR of 20% between 2020 and 2026, attributed to high adoption of gesture-based systems by luxury car manufacturers.

 

Based on authentication, face authentication segment is projected to grow at 18% CAGR over the forecast period, credited to skyrocketing demand for no-contact interface between the driver and the recognition system. When a driver registers with the face authentication system, the device remembers them and automatically grants them access to a set of pre-defined functionalities the next time they enter the car. This helps to prevent theft and gives owners more control over their vehicles.

 

From a regional standpoint, Latin American automotive gesture recognition market is likely to witness a CAGR of 14% during the analysis period, as demand for premium cars is increasing in the region.

 

Major vendors profiled in the report are Texas Instruments Incorporated, Apple Inc., Melexis N.V., Cognitec Systems GmbH, Navtek Solutions, Continental AG, NXP Semiconductors N.V., Gestigon GmbH, Renesas Electronics Corporation, Harman International Industries Inc., Cipia Vision Ltd., Neonode Inc., Qualcomm Technologies Inc., Jabil Inc., Aptiv plc, Intel Corporation, and Synaptics Incorporated among others.