Summary

Global Automotive Biometric Seat Technology Market is expected to grow at a significant rate of around 13.5% during the forecast period. The desire for sophisticated automotive biometrics seats is expected to rise as the development of automated cars comes under more and more attention. Because of their great accuracy, biometric technologies have been widely accepted in the vehicle security sector. There is a chance that personal information may be hacked since biometric systems rely on biometric methods like fingerprints, voice recognition, and iris scanning, among others. Additionally, the application of automotive biometrics has increased as a result of the rising desire for aesthetic and comfort features in cars. A car's biometric system is linked to an in-car camera that can recognize the driver's face and adjust parameters such as seat, mirror position, temperature, and navigation. For example, Genesis announced in September 2021 that it will begin rolling out its proprietary "Face Connect" technology that will allow cars to recognize a person's face and open and close doors without using a smart key. Hence, this technological advancement will amplify the demand for the automotive biometric seat during the forecast period.
ZF Friedrichshafen AG, Robert Bosch GmbH, Denso Corporation, Continental AG, Hitachi Ltd, FUJITSU, Ford Motor Company, Panasonic Corporation, Aptiv, and Mitsubishi Electric Corporation are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report
“Amongst technology type, implanted sensor vehicles category to witness higher CAGR during the forecast period”
Based on technology type, implanted sensor vehicles category is to witness higher CAGR during the forecast period. Implantable sensors enable self-monitoring systems in which the driver acts as a part of the sensing system to detect changes, consciously or unconsciously, in health conditions. Owing to these benefits, this segment has become popular in the automotive industry. Additionally, increase in disposable income and health awareness, individuals are paying extra money for these features which is contributing towards the growth of the segment.

“Amongst application, the commercial vehicle witness higher CAGR during the forecast period”
On the basis of the application, the commercial vehicle segment is to witness a higher CAGR during the forecast period. Demand for green energy vehicles has increased in logistics and transportation due to increasing pollution and government initiatives. Additionally, the growth of the instant delivery and E-commerce market has increased the demand for commercial vehicles. Due to government regulations and increased safety concerns, advanced biometric seats are being installed in commercial vehicles. Hence, the demand for commercial vehicles is complimenting the growth of the automotive biometric seat technology market.

“North America to hold a significant share in the market.”
North America led the automotive biometric seat technology market with the highest market share in 2021, majorly due to customers' growing willingness to adopt cutting-edge technology. Additionally, the region's automakers rely on more recent technology, including biometrics, to offer value and distinguish their products from the competition. To target the market, the corporations are deliberately positioning and segmenting their biometric solutions. For instance, in November 2019, Nuance Communications, one of the top US-based providers of biometrics for the automobile industry, announced plans to spin off its automotive biometric division and establish Cerence Inc. as a distinct public company to serve the automotive biometrics market.

Reasons to buy this report:
• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:
The global automotive biometric seat technology market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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