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Global Automotive Gesture Recognition Market: Factors Helping to Maintain Strong Position Globally 2020-2026

More Information @ https://bit.ly/3azs5qR <br>Automakers are increasingly implementing automotive gesture recognition systems into vehicles for improved passenger safety and elevated driving experience. The automobile industry has witnessed robust advances over the past couple of decades, ranging from autonomous cars to in-vehicles infotainment systems and the integration of IoT. <br>

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Global Automotive Gesture Recognition Market: Factors Helping to Maintain Strong Position Globally 2020-2026

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  1. Global Automotive Gesture Recognition Market: Key Strategies to Use to Dominate Globally 2020-2026

  2. Industry Overview • Accordingly, to Global Market Insights research report It has been projected that global automotive gesture recognition market size will exceed a value of US$2.5 billion by the year 2026, as sales of premium and high-end vehicles have surged exponentially in recent years. With a majority of gesture control system installations, the luxury passenger vehicles segment is expected to be the fastest growing segment in the market. The technology promises massive growth potential, which is attracting new players in the automotive space, further heating up the competition. • On the other hand, touchless gesture recognition systems offer a greater degree of flexibility to users. The segment is expected to experience notable growth during the projected timeline. On the basis of authentication, hand/ palm/ fingerprint/ leg segment is slated to capture a major share of automotive gesture recognition industry on account of numerous advantages.

  3. Continue… • The European government has introduced numerous initiatives to support the adoption of autonomous vehicles. Regional carmakers are increasingly deploying gesture control systems into both conventional and autonomous vehicles to offer improved driving experience and faster access. For instance, autonomous carmaker Waymo has implemented gesture recognition systems in its self-driving cars that can recognize and respond to hand signals of traffic police. Europe automotive gesture recognition market share is poised to experience a CAGR of around 17% during the analysis timeframe. • Several other auto giants have implemented gesture recognition features into their vehicles. For instance, in January 2019, Jaguar Land Rover had implemented a gesture control system to control the car’s doors. The technology automatically opens the door when approached and can also be opened or closed using gesture control.

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  5. Growth Drivers • Increasing demand for advanced vehicle features in North America • Vehicle electrification and autonomous driving trends in Europe presents lucrative market opportunity • High passenger vehicle demand in Asia Pacific • Growing concerns for driver and passenger safety in Latin America • Rising luxury and premium car sales in MEA

  6. Continue… • Top manufacturer automotive gesture recognition market in Apple Inc., Cognitec Systems GmbH, Continental AG, Eyesight Technologies Ltd., Aptiv PLC., Gestigon GmbH, Harman International Industries, Inc., Intel Corporation, Jabil Inc., Melexis, Navtek Solutions, Neonode, Inc., NXP Semiconductors, Qualcomm Technologies, Inc., Renesas Electronics Corporation, Sony Depthsensing Solutions (SoftKinetic), Synaptics Incorporated, Texas Instruments Incorporated, Visteon Corporation

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