Biometric Wearables Market - Global Forecast to 2025
This study covers biometric wearables market by technology, by components, by hardware, by connectivity, by application, by connectivity, by vehicle type and by region. With technology advancement and improvement in standard of living, the automakers are now shifting towards wearable options to make their products competitive in the global automotive industry. Biometric wearables are used for r safety, tracking, convenience and other purposes for automotive applications. The increasing safety and tracking concerns is going to road safety. The biometric wearables such as Iris recognition, gesture recognition can detect driver’s heath and take appropriate actions, it could save the life of the driver. Voice recognition and finger print recognition can improve convenience and reduce vehicle theft. Due to all these benefits range, biometric wearables are having a rapid adoption in automotive industry and it is expected to grow over the forecast period. North America is expected to be the largest market for biometric wearables market due to strict road safety regulations, consumer acceptance for advance technologies and increased lifestyle.
Years considered for this report:
- 2016 - Base Year
- 2017 - Estimated Year
- 2019, 2022, 2025 - Forecast Period
Objectives of the Study:
- To segment and forecast the biometric wearables market size, by value and volume, based on technology, from 2017 to 2025.
- To segment the market for biometric wearables market and forecast the market size, by volume, based on propulsion, from 2017 to 2025.
- To segment and forecast the biometric wearables market size, by volume, based on region, from 2017 to 2025.
- The research methodology used in the report involves various secondary sources including paid databases and directories. Experts from related industries and suppliers have been interviewed to understand the future trends of the electric vehicle range extender systems. The bottom-up/ top-down approach has been used to estimate the market size, by volume. The market size, by volume, is multiplied by the average OE price (AOP) of biometric wearables required for each application and the vehicle type to calculate the market size in terms of value. The summation of the country-wise market gives the regional market, and further summation of the regional market provides the global electric vehicle range extender systems.
The ecosystem of the biometric wearables market consists of manufacturers and Tier 1 suppliers such as Daimler (Germany), BMW (Germany), Hyundai (Korea), Chrysler (US), Honda (Japan), Jaguar Land Rover (UK), SAIC (China), Suzuki (Japan), Hitachi (Japan).
Target Audience
- Vehicle manufacturers
- Developers of biometric wearables
- Biometric wearables dealers
- Industry associations
- Raw material suppliers
- Automobile organizations/associations
- Automotive original equipment manufacturers (OEM)
“The study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years (depends on a range of forecast period) for prioritizing their efforts and investments”
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- Biometric wearables market, By Connectivity
- Wi-Fi
- Bluetooth
- Cellular
- Satellite
- Biometric wearables market, By Technology
- Embedded
- Tethered
- Integrated
- Biometric wearables market, By Application
- Fingerprint Recognition
- Iris Recognition
- Voice Recognition
- Gesture Recognition
- Heartbeat Recognition
- Biometric wearables market, By Component
- Hardware
- Software
- Biometric wearables market, By Hardware
- Scanners
- Sensors
- Cameras
- Clips
- Biometric wearables market, By Vehicle Type
- Passenger cars
- Commercial cars
- Electric vehicles
- HEV
- BEV
- PHEV
- FCEV
- Biometric wearables market, By Region
- Asia Pacific
- Europe
- North America
- ROW
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Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Factor Analysis
2.4.1 Introduction
2.4.2 Demand-Side Analysis
2.4.3 Supply-Side Analysis
2.5 Market Size Estimation
2.6 Data Triangulation
2.7 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Biometric Wearable Market, 2017 vs 2025 (USD Million)
4.2 Biometric Wearable Market, By Connectivity Type
4.3 Biometric Wearable Market, By Technology Type
4.4 Biometric Wearable Market, By Application
4.5 Biometric Wearable Market, By Vehicle Type
4.6 Biometric Wearable Market, By Component
4.7 Biometric Wearable Market, By Hardware Type
4.8 Biometric Wearable Market, By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
6 Biometric Wearable Market, By Connectivity Type
6.1 Introduction
6.2 Wi-Fi
6.3 Bluetooth
6.4 Cellular
6.5 Satellite
6.5.1 Gps
6.5.2 Others (GNSS, Beidou and Galilio)
7 Biometric Wearable Market, By Component
7.1 Introduction
7.2 Hardware
7.3 Software
8 Biometric Wearable Market, By Application
8.1 Introduction
8.2 Fingerprint Recognition
8.3 Iris Recognition
8.4 Voice Recognition
8.5 Gesture Recognition
8.6 Heartbeat Recognition
9 Biometric Wearable Market, By Technology
9.1 Introduction
9.2 Embedded
9.3 Tethered
9.4 Integrated
10 Biometric Wearable Market, By Vehicle Type
10.1 Introduction
10.2 Passenger Car
10.3 Commercial Vehicle
10.4 Electric Vehicle
10.4.1 HEV
10.4.1 BEV
10.4.1 PHEV
10.4.1 FCEV
11 Biometric Wearable Market, By Hardware Type
11.2 Scanners
11.2 Sensors
11.2 Cameras
11.2 Clips
12 Biometric Wearable Market, By Region
12.1 Introduction
12.2 Asia Pacific
12.2.1 China
12.2.2 Japan
12.2.3 India
12.2.4 South Korea
12.3 Europe
12.3.1 Germany
12.3.2 France
12.3.3 UK
12.3.4 Italy
12.4 North America
12.4.1 US
12.4.2 Canada
12.4.3 Mexico
12.5 Rest of the World (RoW)
12.5.1 Brazil
12.5.2 Russia
13 Competitive Landscape
13.1 Market Ranking Analysis: Biometric Wearable
13.2 Expansions
13.3 New Product Launches/ Development
13.4 Joint Ventures & Acquisition
13.5 Supply Contract
14 Company Profiles
14.1 Hitachi
14.1.1 Business Overview
14.1.2 Recent Developments
14.2 Fujitsu
14.2.1 Business Overview
14.2.1 Recent Developments
14.3 Synaptic
14.3.1 Business Overview
14.3.2 Recent Developments
14.4 Voxx International
14.4.1 Business Overview
14.4.2 Recent Developments
14.5 Nuance Communications
14.5.1 Business Overview
14.5.2 Recent Developments
14.6 Hid- Global
14.6.1 Business Overview
14.6.2 Recent Developments
14.7 3m Cogent
14.7.1 Business Overview
14.7.2 Recent Developments
14.8 NEC
14.8.1 Business Overview
14.8.2 Recent Developments
14.9 Voicebox Technologies
14.9.1 Business Overview
14.9.2 Recent Developments
14.10 Methode Electronics
14.10.1 Business Overview
14.10.2 Recent Developments
14.11 Precise Biometrics
14.10.1 Business Overview
14.10.2 Recent Developments
14.12 Fulcrum Biometrics
14.10.1 Business Overview
14.10.2 Recent Developments
14.13 Thales
14.13.1 Business Overview
14.13.2 Recent Developments
14.13 Cognitec Systems
14.13.1 Business Overview
14.13.2 Recent Developments
15 Appendix
15.1 Key Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Introducing RT: Real Time Market Intelligence
15.5 Available Customization
15.6 Related Reports
15.7 Author Details
Growth opportunities and latent adjacency in Biometric Wearables Market