LAMEA Automotive Gesture Recognition System Market

LAMEA Automotive Gesture Recognition System Market Size, Share & Industry Trends Analysis Report By Component (Touchless Systems, and Touch Based Systems), By Application, By Authentication Type, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19422 Publication Date: January-2024 Number of Pages: 130
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Market Report Description

The Latin America, Middle East and Africa Automotive Gesture Recognition System Market would witness market growth of 20.3% CAGR during the forecast period (2023-2030).

One prominent trend in the market is the integration of AI technologies. Advanced AI algorithms enable the system to understand and interpret complex gestures, improving accuracy and responsiveness. This trend drives the development of more intelligent and context-aware gesture recognition systems. The shift towards 3D sensing technology is another notable trend. Traditional 2D gesture recognition is replaced by advanced 3D sensing, allowing a more precise and nuanced interpretation of hand movements.

The future of gesture recognition in automobiles involves multi-modal interaction, combining gestures with other input methods such as voice recognition and touchscreens. This integrated approach provides users multiple options for interacting with in-car systems, creating a more flexible and user-centric environment. With the increasing connectivity of vehicles, there is a growing emphasis on cybersecurity in gesture recognition systems. Manufacturers employ rigorous security measures to protect these systems from cyber threats, protecting user safety and privacy.

According to the International Trade Administration, Saudi Arabia sold 35% and nearly 52% of the vehicles in 2020 in the Gulf Cooperation Council and the MENA region. In 2019 and 2020, Saudi Arabia sold 556,000 and 436,000 vehicles, respectively. Automotive manufacturers in Saudi Arabia may collaborate with technology providers specializing in gesture recognition. The rising demand for smart and connected vehicles is mirrored in Saudi Arabia. Due to these aspects, the market will expand across the LAMEA region in upcoming years.

The Brazil market dominated the LAMEA Automotive Gesture Recognition System Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $117.4 Million by 2030. The Argentina market is showcasing a CAGR of 21% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 20% during (2023 - 2030).

Based on Component, the market is segmented into Touchless Systems, and Touch Based Systems. Based on Application, the market is segmented into Multimedia/Infotainment/Navigation, Lighting Systems, and Others. Based on Authentication Type, the market is segmented into Hand/Finger Print/Leg Recognition, Vision/IRIS Recognition, Facial Recognition, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Automotive Gesture Recognition System Market is Projected to reach USD 4.8 Billion by 2030, at a CAGR of 18%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aptiv PLC, Cognitec Systems GmbH (Salto Systems, S.L.), Continental AG, NXP Semiconductors N.V., Samsung Electronics Co., Ltd. (Samsung Group), Sony Corporation, Synaptics Incorporated, Qualcomm Incorporated, Visteon Corporation, and Apple, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Component

  • Touchless Systems
  • Touch Based Systems

By Application

  • Multimedia/Infotainment/Navigation
  • Lighting Systems
  • Others

By Authentication Type

  • Hand/Finger Print/Leg Recognition
  • Vision/IRIS Recognition
  • Facial Recognition
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Aptiv PLC
  • Cognitec Systems GmbH (Salto Systems, S.L.)
  • Continental AG
  • NXP Semiconductors N.V.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Sony Corporation
  • Synaptics Incorporated
  • Qualcomm Incorporated
  • Visteon Corporation
  • Apple, Inc.
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