Report forecast the global automotive gesture recognition
system market to grow at a CAGR of 55.44% during the period 2016-2020.
Sensor-based systems such as automotive gesture recognition
systems have forayed into the automotive industry in an effort to offer comfort
and convenience to drivers in terms of controlling in-vehicle system functions.
The automotive gesture recognition system may be used for performing actions
such as navigating the vehicle's infotainment options, adjusting overhead
lighting or ambient temperature, opening or closing doors and windows, and
answering or rejecting phone calls. Gestures are processed and recognized using
gesture recognition algorithm by sensor-based systems to control the on-board
systems instead of using physical buttons or touch pads/screens and haptics.
The report covers the present scenario and the growth
prospects of the global automotive gesture recognition system market for
2016-2020. To calculate the market size, the report determines the annual
production for the overall automotive market.
The market is divided into the following segments based
on geography:
- Europe
- North America
- ROW
According to the report, adoption of automotive safety
technologies will be a key driver for market growth. As per secondary sources,
road traffic accidents cause 1.25 million fatalities every year worldwide. It
is estimated that 90% of these fatalities occur in low and middle-income
countries, though these nations account for only half of the world’s vehicle
population. It is also projected that road traffic accidents are likely to
become the 7th leading cause of death by 2030, with road traffic crashes
costing countries approximately 3%-5% of their gross national product.
Further, the report states that for any new technology,
resistance to adoption is observed to be a common scenario. The gesture
recognition technology demands adaptation to certain gesture styles for
eliciting accurate responses and actions from the automotive gesture
recognition system. As the system is more user-style oriented, the market is
likely to face user resistance to learn gestures as per the system’s needs. In
addition, the relative low awareness about such technologies is an impediment
to the market growth, and is obstructing the rapid penetration of such new
technologies in the auto space. Thus, low awareness among consumers about the
reliability of some of these new technology-enabled systems is an inherent
challenge for the market growth.
Global Automotive Gesture Recognition System Market
2016-2020, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
key players in the global automotive gesture recognition
system market: Harman International, SoftKinetic, and Visteon.
Other Prominent Vendors in the market are: PointGrab,
Cognitec Systems, eyeSight Mobile Technologies, Qualcomm, Intel, Microsoft,
CogniVue, Thalmic Labs, Apple, Continental, Delphi, Denso, Neonode, Renesas,
Melexis, and Texas Instruments.
Market driver
- Adoption of automotive safety technologies to curb surging vehicle crashes by over 50%
- For a full, detailed list, view our report
Market challenge
- System reliability: Potential faults, human errors, and safety issues
- For a full, detailed list, view our report
Market trend
- Inclusion of haptic feedback systems in vehicle infotainment systems: Potential substitute to gesture recognition technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 58 pages and 20 Exhibit “Global
Automotive Gesture Recognition System Market 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Geographical segmentation, Market drivers, Market challenges, Market
trends, Vendor landscape, Key vendor analysis, Appendix.
For
more information Visit at: http://mrr.cm/3U7
Related Reports;
Global Automotive Antenna Module Market 2016-2020 - Visit at
- http://mrr.cm/3U8
Global Automotive Inertial Measurement Unit Sensors Market
2016-2020 - Visit at - http://mrr.cm/3UX
No comments:
Post a Comment