Tag Archives: Automotive Gesture Recognition Systems Market

Automotive Gesture Recognition Systems Market – Know the Key Strategy Adopted by Top Leading Players

 “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.

Automotive Gesture Recognition Systems Market Shares, Strategies and Forecast 2017 to 2021

The Automotive Gesture Recognition Systems Market is estimated to be USD 829.5 Million in 2016, and is growing at a CAGR of 30.5%. The base year for the report is 2015 and the forecast year is 2021. The objective of the study is to analyze and forecast (2016 to 2021) the market size, in terms of volume (‘000 Units) and value (USD million), of the automotive GRS market. The report segments the market by authentication type, by component type, by Application and by region namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). A detailed study of various market leaders has been done and opportunity analysis has been provided in the report.