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Automotive Biometric Vehicle Access System Market - Opportunities and Forecast, 2016 - 2020

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According to the report, one driver spurring growth in this market is the presence of vulnerabilities in existing keyless entry system. Traditionally, vehicles were equipped with conventional mechanical keys to lock or unlock vehicle doors. The adve
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Global Automotive Biometric Vehicle Access System Market
to grow at a CAGR of 19.55% during the period 2016-2020
Summary
Technavio Announces the Publication of its Research Report – Global Automotive Biometric Vehicle
Access System Market 2016-2020
Technavio recognizes the following companies as the key players in the global automotive biometric
vehicle access system market: BioEnable, Techshino, Miaxis, Nymi, and Sonavation.
Other Prominent Vendors in the market are: BIODIT, Denso, EyeLock, FPC, Fujitsu, HID Global, IriTech,
KeyLemon, NEC, Nuance, Olea Sensor Networks, Safran, Synaptics, and VOXX.
Commenting on the report, an analyst from Technavio’ s team said: “Increasing adoption of automatic
vehicle identification system in transit junctions will be a noteworthy trend in this market. Threats from
organized crime and the increasing number of mass scale terrorist threats encouraged governments and
law enforcement agencies across the world to implement advanced automatic vehicle identification
(AVI) systems that not only identify the vehicle but also the credentials of the driver.”
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According to the report, one driver spurring growth in this market is the presence of vulnerabilities in
existing keyless entry system. Traditionally, vehicles were equipped with conventional mechanical keys
to lock or unlock vehicle doors. The advent of electronic keyless entry systems changed the situation
drastically because vehicle access is now linked to electromagnetic frequency and communication
wavelengths. The adoption of keyless entry systems drastically reduced vehicle thefts.
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Further, the report states that rising cost pressures on OEMs will hamper market growth during the
forecast period. Automotive OEMs face humongous cost pressures due to dynamic regulations that
govern several components within a vehicle. Stringent emission norms, the need for heavy investments
in R&D programs, market competition, and evolving customer demands add to rising cost pressures.
Biometric technologies remain in nascent stages (with respect to the automotive industry) and
therefore, expensive, for OEMs that want to offer such technologies in entry-level vehicle segments.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About Biometric Vehicle Access Systems
Biometrics include methods to execute measurements based on human biology. Such technologies work
to identify physical parameters, such as voice, fingerprint or palm print, iris structure, and typing
rhythm. The automotive industry has explored biometric technologies over the past few years in a bid to
enhance the functionality and security aspects of automobiles. Typically, the application of biometric
technologies in the automotive domain includes vehicle access, ignition permissions, anti-theft systems,
and on-board communication programs.
Technavio’ s analysts forecast the global automotive biometric vehicle access system market to grow at
a CAGR of 19.55% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive biometric
vehicle access system market 2016-2020. To calculate the market size, the report considers the revenue
generated
from
sale
of
biometric
vehicle
access
systems
at
OEM
level.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Biometric Vehicle Access System Market 2016-2020, has been
prepared based on an in-depth market analysis with inputs from industry experts. The report covers the
market landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
Key vendors
• BioEnable
• Techshino
• Miaxis
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• Nymi
• Sonavation
Other prominent vendors
• BIODIT
• Denso
• EyeLock
• FPC
• Fujitsu
• HID Global
• IriTech
• KeyLemon
• NEC
• Nuance
• Olea Sensor Networks
• Safran
• Synaptics
• VOXX
Market driver
• Issues with car insurance for vehicles geared with keyless entry systems
• For a full, detailed list, view our report
Market challenge
• Sensitivity issues can impede functional goals of the security system
• For a full, detailed list, view our report
Market trend
• Need for user-friendly features in rapidly expanding car infotainment system
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Table Of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Automotive biometrics: Overview
• The biometric advantage
• Automotive biometric technology implementation beyond vehicle access
• Affordability factors governing the consumption of new technologies like biometric in automotive
industry
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Geographical segmentation
• Automotive biometric vehicle access system market in EMEA
• Automotive biometric vehicle access system market in Americas
• Automotive biometric vehicle access system market in APAC
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
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