Automotive Market Revenue, Trends, Growth, Technologies, CAGR Automotive Gesture Recognition Systems Market

“The fastest growing trend in the automotive gesture recognition systems (GRS) market is the touchless systems; the GRS manufacturers are adopting these systems in their vehicle to reduce distraction” The Automotive GRS Market is projected to grow at a CAGR of 30.5%, to reach USD 3144.8 million by 2021. The fastest growing trend in the automotive GRS market is the touchless systems market. The demand for automotive GRS has increased because of enhanced user experience and greater comfort. In addition, automotive manufacturers are adopting the GRS system in their vehicle to reduce driver workload and distraction to make their vehicle accident free. However, high price of GRS, and low consumer awareness may hamper the growth of the GRS market to some extent. “The hand/ fingerprint authentication type is the largest market segment, in terms of value, in the automotive GRS market” The hand/ fingerprint segment is the largest market among authentication type segments in the automotive GRS market. This segment is expected to continue its dominance during the forecast period while growing at a high CAGR owing to factors such as increasing trend in ease of communication between the vehicle and the user through gestures. For example, access to navigation and entertainment features using hand and fingerprint gesture controls . Don’t miss out on business opportunities in Automotive GRS Market. Speak to our analyst and gain crucial industry insights that will help your business grow. “Touchless systems is expected to grow at a high CAGR among component type segment” The touchless systems segment is estimated to hold the largest market size of automotive GRS 2016. It is expected to grow at a high CAGR, owing to rise in demand for passenger cars across the globe and OEMs focus to enhance user experience. “Europe is the largest region in the automotive GRS market”