Automotive Wearables Market

Automotive Wearables Market - Global Forecast to 2025

Report Code: UC 1958 Jun, 2024, by marketsandmarkets.com

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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Scope of the Report

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

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