Automotive Wearables Market - Global Forecast to 2025
This study covers automotive 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 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:
- 2017 - Base Year
- 2018 - 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.
- To analyze the opportunities in the market for stakeholders by identifying high-growth segments of this market
- To profile key market players, provide comparative analysis on the basis of business overviews, regional presence, product offerings, business strategies, and key financials, and to illustrate the competitive landscape of the market.
- To track and analyze competitive developments, such as Mergers and Acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities in the market
- 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
- Automotive organizations/associations
- Automotive original equipment manufacturers (OEM)
- Biometric wearables dealers
- Automotive components manufacturers
- Automotive Software and hardware manufacturers and providers
- Developers of biometric wearables
- Industry associations
- Cybersecurity companies
- Government Associations/Trade organizations
- Raw material suppliers
- Startups in the Biometric ecosystem
- Vehicle manufacturers
“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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Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- 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
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
14.1.2 SWOT Analysis
14.2 Fujitsu
14.3 Synaptic
14.4 Voxx International
14.5 Nuance Communications
14.6 Hid- Global
14.7 3m Cogent
14.8 NEC
14.9 Voicebox Technologies
14.10 Methode Electronics
14.11 Precise Biometrics
14.12 Fulcrum Biometrics
14.13 Thales
14.13 Cognitec Systems
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 Automotive Wearables Market