Automotive Gesture Recognition Systems Market Research Report – Segmentation By Component (Touch-based system and touchless system), Authentication (Fingerprint, face, and vision), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Industry Forecast 2024 to 2029.

Updated On: January, 2024
ID: 14100
Pages: 150

Automotive Gesture Recognition Systems Market Size (2023-2028):

The Global Automotive Gesture Recognition Systems Market was worth US$ 1.4 billion in 2022 and is anticipated to reach a valuation of US$ 7 billion by 2028 and is predicted to register a CAGR of 30.5% during 2023-2028.

Market Overview:

The automotive industry is now more focused on giving better driving experiences to consumers. The gesture controls are provided for the user’s convenience. Also, the gesture recognition system is used for the safety of the consumers. The main usage of the gesture recognition system is currently restricted to functionalities like controlling volume and the climate as per the surroundings and the sunroof as well. 

Market Drivers:

As awareness about the benefits of using the automotive gesture recognition system increases among consumers, concerned government authorities, and manufacturers, the automotive gesture recognition system market share will grow. Growing investments from the government in the automotive industry are elevating the market growth rate to an extent. The rising awareness about the use of gesture recognition systems in cars and other vehicles thus drives the market share towards growth.

The cameras used in automotive and other sensors like infrared and LiDAR sensor helps to accurately analyze the surrounding and assists the driver while using hand gestures. This also widens the spectrum of applications that the driver can control using gestures. So as the sensor technology advances, the consumer base increases, which ultimately drives the growth of the market size.

As the demand for automatic and semi-automatic vehicles increases, the automotive gesture recognition systems market share grows as well. Many of the functions in modern vehicles, including climate control and sunroof, are controlled by gesture recognition systems. These features are gaining popularity nowadays, which further backs the gesture recognition systems market to come into the mainstream.

Market Restraints:

The implementation of gesture recognition systems in automobiles is an expensive process. Specific hardware and software, according to the system and applications offered, need to be installed in the vehicle for the operation of the gesture recognition system. So, the high cost of implementation can restrict the manufacturers from providing the gesture recognition system as it ultimately increases the cost of the vehicle.

The automotive gesture recognition system is currently in its early stages of development, and the system can be used for limited applications at present, like climate control and sound system controls, etc. These can restrict users from adopting gesture recognition technology. This ultimately acts as a restraint for market growth.

Market Opportunities:

The whole purpose of gesture recognition systems in automotive is to provide touchless controls for various functions. Consumers nowadays demand modern features like touchless controls as they also prevent unsafe touches. So, the increased popularity of touchless controls can act as an opportunity for growth in the market.

Most automatic drive vehicles have the gesture recognition system as standard. The premium range of vehicles generally has a gesture recognition system inbuilt. The growth in market share of the automatic and premium range vehicles acts as a growth opportunity for the automatic gesture recognition system market. 

Currently, the gesture recognition system is capable of operating functions like controlling the volume of the music system and the sunroof of the vehicle. The growth in the functionality of the gesture recognition system for more functions can act as an opportunity for the growth of the market.

AUTOMOTIVE GESTURE RECOGNITION SYSTEMS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 – 2028

Base Year

2022

Forecast Period

2023 - 2028

CAGR

30.5%

Segments Covered

By Component, Authentication, and Region.

 

Various Analyses Covered

Global, Regional and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Harman International, Infineon Technologies, Valeo Group, Visteon Corporation, Boschand, and Others.

 

Market Segmentation:

Automotive Gesture Recognition Systems Market - By Component:

  • Touch-based system
  • Touchless system

The touchless system is leading the automotive gesture recognition system market with a share of around 52%. A touchless system is a more hygienic option than a touch-based system. It can be operated if the driver is wearing gloves or other kinds of gear, which can restrict its usage in the case of a touch-based system.

The touch-based system is still being used in many vehicles as they are a cost-effective option when compared to the touchless system. The touch-based system has around 48% automotive gesture recognition systems market share.

Automotive Gesture Recognition Systems Market - By Authentication:

  • Fingerprint
  • Face
  • Vision

The vision type of authentication has the highest automotive gesture recognition systems market share of 60%. Due to the increased accuracy of the sensors, the reliability of the sensor is authenticated. Cameras are used to track the hand movements of users. The segment has developed rapidly in recent times.

The fingerprint-based authentication type stands second in the automotive gesture recognition systems market, with a share of 20%. They are considered much more secure than the vision type, and thus it is used mostly in locking and unlocking the vehicle and starting the engine.

The face segment accounts for the lowest market share in the automotive gesture recognition systems market. This system helps the drivers to control the functions just by their eyesight.

Automotive Gesture Recognition Systems Market - By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

North America's automotive gesture recognition systems market is leading with a market share of 35%. The demand for advanced features for safety is increasing in the region.

Europe stands second in the automotive gesture recognition systems market with a share of 25%. The growth rate of the market is faster in the European market as compared to North America.

Asia Pacific region accounts for 20% market share in the automotive gesture recognition systems market. The growing demand for luxury vehicles in the region is the biggest reason for growth. 

COVID-19 Impact on the Automotive Gesture Recognition Systems Market:

The COVID-19 pandemic resulted in a decline in the automobile market share. The production, as well as supply of vehicles, reduced significantly. The disruption in the global supply chain was the reason for this. The supply of raw materials to the producers of gesture recognition systems was not possible, and also, the delivery of gesture recognition systems from producers to consumers came to a halt. The economic distress spread across all sectors of society during the COVID-19 pandemic adversely affected the growth of the market., Although COVID-19 had a negative impact on the automotive gesture recognition systems market in the post-pandemic period, the market share has bounced back.

Market KeyPlayers:

  1. Harman International
  2. Infineon Technologies
  3. Valeo Group
  4. Visteon Corporation
  5. Bosch

Market Key Developments:

  • In April 2023, Valeo Group developed an automotive gesture recognition system based on the vision of the driver that can control the cruise control function in the vehicle.
  • In May 2023, Harman International, along with Cognitec Systems, developed a gesture recognition system using Deep Learning Technology to control the infotainment system. 

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Frequently Asked Questions

1. What is the annual growth rate of the automotive gesture recognition systems market?

The compound annual growth rate of the automotive gesture recognition systems market is 30.5%.

2. Which region is leading the automotive gesture recognition systems market?

North America is the region that is leading the automotive gesture recognition systems market.

3. Which authentication system is leading in the automotive gesture recognition systems market?

The vision-type authentication system is leading in the automotive gesture recognition systems market.

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