Market research reports, consulting: Global Market Insights Inc.

Automotive Biometric Market Size - By Component (Hardware, Software), By Scan Type (Fingerprint Recognition, Voice Recognition, Facial Recognition, Palm Recognition, Iris Recognition), By Application, By Vehicle Type & Forecast, 2024 - 2032

Report ID: GMI8703
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Published Date: March 2024
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Report Format: PDF

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Automotive Biometric Market Size

Automotive Biometric Market size was valued at USD 950 million in 2023 and is estimated to register a CAGR of over 16% between 2024 and 2032, due to the increasing integration of biometric authentication in automobiles. Biometric systems provide increased convenience and security by reducing the risk of theft and facilitating easy access to cars. Customers are looking for more sophisticated features in their cars, driving up the demand for biometric systems.
 

Automotive Biometric Market

The automobile industry is focused on creating smart and connected vehicles, fueling the adoption of biometric technologies for authentication & customization. For instance, in November 2021, Daimler’s Mobility unit partnered with Visa to use fingerprint scanning to verify secure digital payments from the vehicle, allowing the driver to make purchases without the need for voice commands or PINs. The technology has been rolled out in 2022 in the UK and globally.

The automotive biometric market is expected to expand significantly owing in large part to the increased emphasis on driver monitoring and safety. Biometric systems provide real-time monitoring of a driver's vital signs, level of weariness, and distraction detection to improve overall safety. Regulations that favor Advanced Driver Assistance Systems (ADAS) mandate the inclusion of biometric technologies. These systems provide individualized driving experiences, propelling the demand for biometric solutions in the automobile industry.
 

Privacy concerns over the acquisition of biometric data are a major challenge faced by the market. Customers are reluctant to divulge their biometric data for fear of improper usage or illegal access. This fear may prevent market growth as consumers prioritize protecting their personal information. To foster the general adoption of biometric technology in automotive applications and develop trust, it is imperative to address these concerns through clear permission mechanisms, strong encryption techniques, and transparent data rules.
 

Automotive Biometric Market Trends

Modern ADAS incorporates biometric systems as standard equipment to increase driver safety and monitoring capabilities. They adjust settings for individual drivers, detect driver fatigue, and send distraction alarms. This integration highlights the trend toward proactive, cutting-edge car technology that emphasizes individualized interventions and real-time monitoring to improve road safety and the overall driving experience.
 

Multi-modal biometric systems in automotive applications use fingerprint, iris, and facial recognition to improve accuracy & dependability. This integration improves security by combining various biometric identifiers to provide a strong authentication solution. As automotive technology progresses, there is a growing demand for advanced and integrated biometric authentication solutions, fueling the industry's acceptance of multimodal systems.
 

Automotive Biometric Market Analysis

Automotive Biometric Market Size, By Scan Type, 2022-2032 (USD Million)

Based on scan type, the market is divided into fingerprint recognition, voice recognition, facial recognition, palm recognition, and iris recognition. The fingerprint recognition segment is expected to reach over USD 200 million by 2032.
 

  • Fingerprint recognition offers superior accuracy and reliability compared to other biometric modalities, ensuring secure authentication in various automotive applications. Its reliable identity verification contributes to its dominance and expected growth in the automotive biometrics market.
     
  • Fingerprint recognition benefits from a well-established infrastructure including sensor technology and algorithms, facilitating its integration into automotive systems with minimal complexity.
     

Automotive Biometric Market Share, By Application, 2023

Based on application, the automotive biometric market is divided into vehicle security system, driver safety system, advanced steering, and infotainment system. The driver safety system segment is expected to register a CAGR of over 18% during the forecast period.
 

  • Increasing regulations mandating driver safety systems boost demand in the automotive biometrics market. Compliance requirements push automotive manufacturers to integrate biometric technologies for driver monitoring, ensuring adherence to safety standards and regulations regarding driver attention & fatigue.
     
  • Insurance companies offer incentives for vehicles equipped with advanced safety features including biometric driver safety systems. By promoting safer driving habits and reducing accident risks, these systems lead to lower insurance premiums for vehicle owners, incentivizing the adoption of biometric technologies in the automotive biometrics market.
     

U.S. Automotive Biometric Market Size, 2022-2032, (USD Million)

North America automotive biometric market accounted for 35% of the revenue share in 2023. The growing need for sophisticated driver monitoring and safety features in North America is expected to fuel the expansion of the market. Biometric solutions are gaining popularity for driver authentication and monitoring owing to the stricter rules associated with car safety. North America is a major zone for automotive biometrics owing to the region's strong automotive sector, which is further fueled by technological advancements and a focus on improving user experiences.
 

Automotive Biometric Market Share

Synaptics Incorporated and Continental AG held a significant share of over 15% in the automotive biometric industry in 2023. Synaptics Incorporated is a provider of human interface solutions, specializing in touch, display, and biometric technologies. Synaptics offers fingerprint sensors and authentication solutions for various applications including smartphones, laptops, tablets, and automotive systems. Its biometric offerings focus on providing secure & convenient authentication solutions for consumer electronics and automotive environments.
 

Continental AG is an automotive supplier offering a range of products and services. It provides ADAS including biometric authentication solutions for vehicle access control and driver monitoring, enhancing safety & security in automotive environments.
 

Automotive Biometric Market Companies

Major companies operating in the automotive biometric industry are:

  • Synaptics Incorporated
  • Fingerprint Cards AB
  • Continental AG
  • Aware Inc.
  • Shenzhen Goodix Technology Co. Ltd.
     

Automotive Biometric Industry News

  • In May 2022, Dermalog partnered with Rheinmetall to form Rheinmetall Dermalog SensorTec GmbH, aiming to bring enhanced safety to road traffic. The new company supplies innovative biometric technologies to vehicle manufacturers.
     
  • In May 2021, Tesla included ADAS in its Model 3 and Model Y vehicles with face recognition to ensure that the driver was seated and paying attention. Within the car, the camera data is stored & analyzed locally. The business is working on leveraging face biometrics to track passenger whereabouts or personalize settings.
     

The automotive biometric market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

Market, By Component

  • Hardware
  • Software

Market, By Scan Type

  • Fingerprint recognition
  • Voice recognition
  • Facial recognition
  • Palm recognition
  • Iris recognition
  • Others

Market, By Application

  • Vehicle security system
  • Driver safety system
  • Advanced steering and infotainment system
  • Others

Market, By Vehicle Type

  • Passenger vehicles
  • Commercial vehicles

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
Authors: Suraj Gujar, Deeksha Vishwakarma
Frequently Asked Question(FAQ) :
How big is North America automotive biometric industry?
North America market was valued at 35% revenue share in 2023, attributed to the growing need for sophisticated driver monitoring and safety features.
Mention the key players involved in the automotive biometric market?
Why is the demand of automotive fingerprint recognition growing?
What is the size of automotive biometric market?
Automotive Biometric Market Scope
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    Authors: Suraj Gujar, Deeksha Vishwakarma
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    Premium Report Details

    Base Year: 2023

    Companies covered: 18

    Tables & Figures: 643

    Countries covered: 21

    Pages: 200

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