Navigation Links
$854 Million Biometric Vehicle Access System Market - Authentication Type, Future Technology, Vehicle Type & Region - Global Forecast to 2021 - Research and Markets
Date:12/16/2016

DUBLIN, Dec 16, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Biometric Vehicle Access System Market - Global Forecast to 2021" report to their offering.

The biometric vehicle access system market, in terms of value, is projected to grow at a CAGR of 14.06% from 2016 to 2021. The market is estimated to be USD 442.7 Million in 2016, and is projected to reach 854.8 Million by 2021. The growth of the biometric vehicle access system market is fueled by increased safety regulation, technological advancements, and rise in biometric technologies.

The European region is estimated to dominate the biometric vehicle access system market, in terms of value, in 2016, with fingerprint recognition system being a key contributor to the market in the region. The increasing demand for multifactor authentication and rising biometric technology are the key factors driving the growth of the biometric vehicle access system market across all regions.

Biometric vehicle access systems are highly dependent on electronic components such as electrical wiring and batteries for their smooth functioning. Failure in any of these components could adversely affect the vehicle security system. This results in a large number of replacements in case of minor damages to the security system. The reliability of electronic components is extremely important in the case of complex security systems such as passive keyless entry. Thus, the potential failure of electronic components can prove to be a restraint for the biometric vehicle access system market.

Hitachi Ltd is a leading player in the biometric vehicle access system market. The company is focusing on creating sustainable value by integrating several factors, such as safety, affordability, and eco-friendliness, into their products and solutions. Comprehending the commercial potential of biometrics in the automotive industry, the company has begun concentrating on developing new products focused on automotive industry. The finger vein technology has applications in automotive, banking, and insurance industries.

Companies Mentioned:

  • Fingerprint Cards Ab
  • Fujitsu Ltd
  • Hid-Global
  • Hitachi Ltd
  • Methode Electronics
  • Nuance Communications
  • Safran S.A
  • Synaptics Incorporated
  • Voicebox Technologies
  • Voxx International

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Biometric Vehicle Access System Market, By Region

7 Biometric Vehicle Access System Market, By Authentication Type

8 Biometric Vehicle Access System Market, By Future Technology

9 Biometric Vehicle Access System Market, By Vehicle Type

10 Competitive Landscape

11 Company Profiles

12 Appendix 

For more information about this report visit http://www.researchandmarkets.com/research/6xmqxj/biometric_vehicle

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/854-million-biometric-vehicle-access-system-market---authentication-type-future-technology-vehicle-type--region---global-forecast-to-2021---research-and-markets-300379738.html


'/>"/>
SOURCE Research and Markets
Copyright©2016 PR Newswire.
All rights reserved


Related biology news :

1. Biometric Vehicle Access System Market worth 854.8 Million USD by 2021
2. Valencell Secures $11 Million in Series D Funding
3. higi secures over $40 million of funding - expands growth of the largest retail, omni-channel community health and wellness platform in the nation
4. BBI Completes $9 Million Series A Financing
5. Virtual Retinal Display Market Worth 66.60 Million USD by 2025
6. Pressure BioSciences Closes Additional $745,000 of $5 Million PIPE; Funding Received to Date Exceeds $4,000,000
7. SRI International Receives $9 Million Contract to Support National Cancer Institute PREVENT Cancer Program
8. Daon and USAA Reach 1 Million Enrollments in Mobile Biometric Authentication
9. CLEAR Announces Successful Completion of $20 Million Equity Capital Raise
10. India Biometrics Authentication & Identification Market 2015-2020 - Market value is anticipated to grow from $823.46 million in 2014 to $2.06 billion in 2020
11. Iris Recognition Market 3627.90 Million USD by 2020
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/18/2017)... SUNNYVALE, Calif. , April 18, 2017  Socionext Inc., a ... prototype of a media edge server, the M820, which features the ... face recognition software provided by Tera Probe, Inc., will be showcased ... and at the NAB show at the Las Vegas ... ...
(Date:4/13/2017)... -- According to a new market research report "Consumer IAM ... and Authorization), Service, Authentication Type, Deployment Mode, Vertical, and Region - Global ... grow from USD 14.30 Billion in 2017 to USD 31.75 Billion by ... ... MarketsandMarkets Logo ...
(Date:4/11/2017)... N.Y. , April 11, 2017 ... fingerprints, but researchers at the New York University ... College of Engineering have found that partial similarities ... security systems used in mobile phones and other ... thought. The vulnerability lies in the ...
Breaking Biology News(10 mins):
(Date:10/10/2017)... ... October 10, 2017 , ... For the second time in ... STEM Mentoring Award. Representatives of the FirstHand program travelled to Washington, D.C. Tuesday, ... , US2020’s mission is to change the trajectory of STEM education in America ...
(Date:10/10/2017)... BARBARA, CALIFORNIA (PRWEB) , ... October 10, 2017 ... ... management, technological innovation and business process optimization firm for the life sciences and ... BoxWorks conference in San Francisco. , The presentation, “Automating GxP Validation ...
(Date:10/9/2017)... ... ... At its national board meeting in North Carolina, ARCS® Foundation ... Physics and Astronomy, has been selected for membership in ARCS Alumni Hall of ... Breakthrough Prize in Fundamental physics for the discovery of the accelerating expansion of the ...
(Date:10/7/2017)... ... October 06, 2017 , ... ... its ProxiMeta™ Hi-C metagenome deconvolution product, featuring the first commercially available Hi-C ... software to perform Hi-C metagenome deconvolution using their own facilities, supplementing the ...
Breaking Biology Technology: