The global Automotive Gesture Recognition Systems (GRS) Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Automotive Gesture Recognition Systems (GRS) market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses that the automotive gesture recognition systems (GRS) market was valued at USD 1.02 billion in 2021 and is expected to reach the value of USD 8.63 billion by 2029, at a CAGR of 30.60% during the forecast period of 2022-2029.
Top Companies in the Global Automotive Gesture Recognition Systems (GRS) Market:
Robert Bosch GmbH (Germany), Continental AG (Germany), DENSO Corporation (Japan), Magna International Inc (Canada), ZF Friedrichshafen AG (Germany), Pioneer Corporation (Japan), NVIDIA Corporation (U.S.), Panasonic Corporation (Japan), Garmin Ltd (U.S.), HARMAN International (U.S.), LG Display Co, Ltd (China), Marelli Holdings Co., Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Texas Instruments Incorporated (U.S.), Visteon Corporation (U.S.), TOSHIBA CORPORATION (Japan), ALPS ALPINE CO.LTD (Japan), VALEO (France), Clarion (Japan), Mitsubishi Electric Corporation (Japan), among others.
Market Segmentation:
The automotive gesture recognition systems (GRS) market is segmented on the basis of type, product type, distribution channel, application, technology and product. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
• Gesticulation
• Pantomimes
• Language like Gesture
• Sign languages
• Emblems
Product type
• Touchless Systems
• Touch Based Systems
Distribution channel
• Direct sales
• Distributors
Application
• Automobile
• Consumer Electronics
• Gaming
• Transit
• Healthcare
• Defence and Retail
Technology
• Contact Type
• Touch based gestures
• Non-Contact Type
• Device gesture technology
• Vision based technology
• Electrical field sensing
Product
• Sanitary Equipment
• Biometric Equipment
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
In terms of demand for gesture recognition systems, North America is expected to be the global leader. The region's market has incorporated some of the most advanced technologies in vehicle automation, and it has a high rate of technological adoption. It is expected that the presence of several established vehicle manufacturers offering high-end vehicle models with enhanced automotive gesture recognition systems will drive market growth in this region.
The market in Europe is expected to grow significantly due to the presence of the most prominent global car manufacturers, who also cater to the high demand for gesture recognition systems. Many passenger cars and buses in Europe, are equipped with this technology, which significantly improves driver and vehicle safety.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Browse The Report Description:
Strategic Points from Table of Content:
– Market Summary
– Economic Impact Competition Analysis by Players
– Production, Revenue (Value) by geographical segmentation
– Automotive Gesture Recognition Systems (GRS) Market Size by Type and Application
– Regional Market Status and Outlook
– Automotive Gesture Recognition Systems (GRS) Market Analysis and Outlook
– Automotive Gesture Recognition Systems (GRS) Market Forecast by Region, Type, and Application
– Cost Investigation, Market Dynamics
– Marketing Strategy comprehension, Distributors and Traders
– Market Effect Factor Analysis
– Research Finding/ Conclusion
– Appendix
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