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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.
Major companies operating in the automotive biometric industry are:
North America market was valued at 35% revenue share in 2023, attributed to the growing need for sophisticated driver monitoring and safety features.
Synaptics Incorporated, Fingerprint Cards AB, Continental AG, Aware Inc. and Shenzhen Goodix Technology Co. Ltd.
The fingerprint recognition scan type segment is expected to reach over USD 200 million by 2032, as it offers superior accuracy and reliability compared to other biometric modalities.
The market size of automotive biometric reached USD 950 million in 2023 and is set to witness 16% CAGR from 2024 to 2032, due to the increasing integration of biometric authentication in automobiles.