Biometric Vehicle Access Technologies Market Worth $ 614 M In 2017

Wednesday 6 September 2017, Amsterdam

This brand new report, now available on ASDReports, the Biometric Vehicle Access Technologies Market 2017-2027 : Forecasts & Analysis By Biometric System Type (Iris Recognition, Face Recognition, Fingerprint Recognition, Other (Retina Scan, Hand Geometry, Palm Vein Authentication)) By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)) And By Region Plus Profiles of Leading Companies Developing Technologies indicates that the global biometric vehicle access technologies market will reach $614 million in 2017.

The lead analyst of the report said “The biometric vehicle access technologies market is at a nascent stage. The market is gaining traction in the developed economies. Security concerns are a major driver for the growth of the biometric vehicle access market in the developed regions. Recent terrorist attack using heavy vehicles in France and other parts of Europe is expected to create new regulations from the European Union regarding safety of the vehicles. But, in the Asia-Pacific region, the growing middle class population along with increasing disposable income is creating a new market for mid-range and high range vehicle demand. Luxury cars with advanced technology are symbols of status in many parts of India and China. This obsession about cars in India and China is expected to increase the demand for biometric vehicle access technologies during the forecast period. Fingerprint recognition technology is expected to dominate the global biometric vehicle access market during the forecast period."

The 152 page report contains 115 tables, charts and graphs that add visual analysis in order to explain developing trends within the biometric vehicle access technologies market. The key player provides forecasts for the period 2017-2027 by biometric system type (Iris Recognition, Face Recognition, Fingerprint Recognition, Other (Retina Scan, Hand Geometry, Palm Vein Authentication)) and by vehicle type (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)

The comprehensive report also offers market forecasts and analysis for 5 regions and 15 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter profiling 10 companies leading the field in biometric vehicle access technologies.