PUBLISHER: The Business Research Company | PRODUCT CODE: 1556203
PUBLISHER: The Business Research Company | PRODUCT CODE: 1556203
Automotive gesture recognition systems are sophisticated driver assistance technologies that allow drivers and passengers to operate a vehicle's infotainment and control systems using simple hand movements or gestures, eliminating the need for physical contact. These systems employ sensors, cameras, and software algorithms to detect, interpret, and respond to specific gestures. They mark a significant advancement towards creating more interactive, user-friendly, and safer vehicle environments.
Automotive gesture recognition systems primarily consist of touch-based and touchless systems. Touch-based systems require the user to physically interact with a sensor or surface to register gestures and control vehicle functions. Authentication methods include hand, fingerprint, and leg recognition, as well as facial recognition, vision, and iris recognition. These systems are implemented in various types of vehicles, including passenger and commercial vehicles, and are used in applications such as multimedia, infotainment, navigation, and lighting systems.
The automotive gesture recognition systems market research report is one of a series of new reports from The Business Research Company that provides automotive gesture recognition systems market statistics, including automotive gesture recognition systems industry global market size, regional shares, competitors with an automotive gesture recognition systems market share, detailed automotive gesture recognition systems market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive gesture recognition systems industry. This automotive gesture recognition systems research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive gesture recognition systems market size has grown exponentially in recent years. It will grow from $1.69 billion in 2023 to $2.05 billion in 2024 at a compound annual growth rate (CAGR) of 21.0%. The expansion observed during the historic period can be linked to the rising demand for advanced driver assistance systems (ADAS), greater use of time-of-flight (TOF) sensors, an increase in in-vehicle infotainment systems, improvements in fuel efficiency, and higher vehicle production rates.
The automotive gesture recognition systems market size is expected to see exponential growth in the next few years. It will grow to $4.45 billion in 2028 at a compound annual growth rate (CAGR) of 21.4%. The anticipated growth in the future is driven by rising road accidents, a greater emphasis on vision-based systems, an increase in high-end luxury vehicles, a growing appetite for automation, and an increasing need for user-friendly human-machine interfaces (HMI) in vehicles. Key trends to watch include the incorporation of smart technology features in vehicles, the development of touch-and-swipe hand gesture control systems, integration with Internet of Things (IoT) devices, advancements in electric and autonomous vehicles, and the adoption of biometric iris recognition.
The growth of the automotive gesture recognition systems market is anticipated to be driven by the increasing number of road accidents. These accidents are largely attributed to inadequate signage and lighting, rising vehicle ownership, and human errors such as speeding and reckless driving. Automotive gesture recognition systems can help reduce accidents by enabling drivers to manage in-car functions without diverting their attention from the road or removing their hands from the steering wheel. This technology enhances driver safety and decreases distractions from using touchscreens, buttons, or dials. For example, data from the National Highway Traffic Safety Administration in May 2022 revealed a 10.5% increase in motor vehicle crash fatalities, with an estimated 42,915 deaths in 2021 compared to 38,824 in 2020. As such, the rise in road accidents is fueling growth in the automotive gesture recognition systems market.
Leading companies in the automotive gesture recognition systems market are concentrating on developing advanced solutions such as contactless gesture controls to enhance vehicle functionality. These touchless controls allow users to interact with vehicle systems through hand movements without physical contact. They use sensors and cameras to detect and interpret gestures, enabling drivers to manage functions such as infotainment, radio, navigation, and climate settings smoothly and safely. For instance, STMicroelectronics, a semiconductor company based in Switzerland, introduced STGesture in April 2022. This touchless gesture control solution includes free engineering software and a gesture-recognition engine that facilitates intuitive interactions with various devices. It features control over infotainment systems and climate settings without physical touch, reducing driver distraction and improving safety.
In February 2022, Harman International, a US-based automotive technology company, acquired Apostera for an undisclosed sum. This acquisition allowed Harman to broaden its automotive product range and lead in automotive augmented reality (AR) and mixed reality (MR) experience design. Apostera, a Germany-based firm, specializes in mixed reality solutions for vehicles, including advanced gesture recognition systems.
Major companies operating in the automotive gesture recognition systems market are Apple Inc., Robert Bosch GmbH, Intel Corporation, Panasonic Corporation, ZF Friedrichshafen AG, Denso Corporation, Continental AG, Hyundai Mobis Co. Ltd., Magna International Inc., Flex Ltd., Faurecia SE, NVIDIA Corporation, Valeo S.A., Aptiv PLC, Mahle Aftermarket GmbH, NXP Semiconductors N.V., Yazaki Corporation, Renesas Electronics Corporation, Harman International Industries, Mando Corporation, Visteon Corporation, Xilinx Inc., Mobileye Global Inc., Synaptics Incorporated, Melexis NV, Ambarella Inc.
Europe was the largest region in the automotive gesture recognition systems market in 2023. The regions covered in the automotive gesture recognition systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive gesture recognition systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automotive gesture recognition systems market consists of revenues earned by entities by providing infotainment control systems, navigation control systems, driver assistance systems, smart home integration, and dashboard controls. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive gesture recognition systems market also includes sales of infrared sensors, time-of-flight (ToF) cameras, optical cameras, ultrasonic sensors, and display screens. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automotive Gesture Recognition Systems Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on automotive gesture recognition systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automotive gesture recognition systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive gesture recognition systems market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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