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Biometric Vehicle Access System Market by Authentication type, Future Technology, Vehicle Type, and Region - Global Forecast to 2021
LONDON, Dec. 14, 2016 /PRNewswire/ -- "Growing demand for and awareness regarding safety technologies to drive the biometric vehicle access system market" The biometric vehicle access system market is estimated to be USD 442.7 million in 2016, and is projected to reach USD 854.8 million by 2021. The market, in terms of value, is projected to grow at a CAGR of 14.06% from 2016 to 2021. Factors such as the increase in vehicle sales, growing awareness regarding vehicle security systems among consumers, government regulations mandating safety features, and increase in vehicle thefts are driving the demand for biometric vehicle access systems. However the rising production costs of premium safety features make these features unaffordable for consumers, and could adversely affect the biometric vehicle access system market. The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows: - By Company Type - Tier 1 - 42 %, Tier 2 - 32%, Others - 26% - By Designation - C level - 40%, D level - 29%, Others - 31% - By Region - North America - 38%, Europe - 22%, Asia-Oceania - 30%, RoW - 10% Major players profiled in the report are: - Hitachi Ltd (Japan) - Fujitsu Ltd. (Japan) - Safran S.A (France) - Synaptics Incorporated (U.S.) - Nuance Communications (U.S) - Methode Electronics (U.S) - HID-Global (U.S) - VOXX International (U.S) - Fingerprint Cards A.B (U.S) - Voicebox Technologies (U.S) Research Coverage The report provides an insight on biometric vehicle access systems across different authentication types and regions. It aims at estimating the market size and future growth potential of this market across different segments such as authentication type, future technology, vehicle type, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies. Reasons to buy the report: The report provides insights about the following points: - Market Penetration: Comprehensive information about the biometric vehicle access system market offered by the top 10 players in the market - Product Development/Innovation: Detailed insights into upcoming technologies, R&D activities, and new product launches in the biometric vehicle access system market - Market Development: Comprehensive information about types of biometric vehicle access systems. The report analyzes the market for various biometric vehicle access system across regions - Market Diversification: Exhaustive information about new products, untapped regional markets, recent developments, and investments in the biometric vehicle access system market - Competitive Assessment: In-depth assessment of the market shares, strategies, products, and manufacturing capabilities of leading players in the biometric vehicle access system market Download the full report: https://www.reportbuyer.com/product/4450352/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/biometric-vehicle-access-system-market-by-authentication-type-future-technology-vehicle-type-and-region---global-forecast-to-2021-300378729.html SOURCE ReportBuyer 
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