Automotive Gesture Recognition Systems (GRS) Market Competitive Analysis with Growth Forecast 2029
The report is designed to provide a holistic view of the Automotive Gesture Recognition Systems (GRS) Market It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.
Data Bridge Market Research analyses that the automotive gesture recognition systems (GRS) market was valued at USD 1.02 billion in 2021 and is expected to reach the value of USD 8.63 billion by 2029, at a CAGR of 30.60% during the forecast period of 2022-2029.
Top Companies in the Automotive Gesture Recognition Systems (GRS) Market
Robert Bosch GmbH (Germany), Continental AG (Germany), DENSO Corporation (Japan), Magna International Inc (Canada), ZF Friedrichshafen AG (Germany), Pioneer Corporation (Japan), NVIDIA Corporation (U.S.), Panasonic Corporation (Japan), Garmin Ltd (U.S.), HARMAN International (U.S.), LG Display Co, Ltd (China), Marelli Holdings Co., Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Texas Instruments Incorporated (U.S.), Visteon Corporation (U.S.), TOSHIBA CORPORATION (Japan), ALPS ALPINE CO.LTD (Japan), VALEO (France), Clarion (Japan), Mitsubishi Electric Corporation (Japan)
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This report segments the Automotive Gesture Recognition Systems (GRS) Marketare:
Type
Gesticulation
Pantomimes
Language like Gesture
Sign languages
Emblems
Product type
Touchless Systems
Touch Based Systems
Distribution channel
Direct sales
Distributors
Application
Automobile
Consumer Electronics
Gaming
Transit
Healthcare
Defence and Retail
Technology
Contact Type
Touch based gestures
Non-Contact Type
Device gesture technology
Vision based technology
Electrical field sensing
Product
Sanitary Equipment
Biometric Equipment
Drivers
high demand for advanced features in the automotive industries
The rise in technology-focused lifestyles, as well as the advancement of tracking technology, are the major factors driving the growth of the automotive gesture recognition system market. Furthermore, there is an increase in awareness about driver safety and regulations in the automobile industry, where smart interaction with other vehicles and real-time data servers aid in the advancement of individual vehicle safety and intelligence. This vehicle management advancement improves fuel efficiency and driver awareness. Furthermore, prompt vehicle management systems reduce utilisation costs and boost in-car entertainment applications, supporting market growth overall.
Growing concern on safe driving practices around the world
The automotive gesture recognition market is expanding rapidly as a result of rising consumer disposable income and rising automation applications in the automobile industry. Furthermore, many countries are expected to mandate the incorporation of gesture controls in passenger automobiles, owing to growing concern about driver safety. Manufacturers are creating various economies of scale in order to acquire and integrate gesture recognition systems into their mid-segment vehicle models.
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