Biometric Sensors Market by Type (Capacitive Sensors, Optical Sensors, Thermal Sensors, Ultrasound Sensors, and Electric Field Sensors) and Application (Voice Scan, Finger Scan, Hand Scan, Facial Scan, Iris Scan, Vein Scan, and Others): Global Opportunity

Biometric Sensors Market by Type (Capacitive Sensors, Optical Sensors, Thermal Sensors, Ultrasound Sensors, and Electric Field Sensors) and Application (Voice Scan, Finger Scan, Hand Scan, Facial Scan, Iris Scan, Vein Scan, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

The global biometric sensors market size is expected to reach $3.31 billion by 2030 from $1.16 billion in 2020, growing at a CAGR of 11.8% from 2021 to 2030.

A biometric sensor is an identification and authentication device that uses automated methods of verifying or recognizing the identity of a living person, based on their physical attributes, including fingerprints, facial images, iris, and voice recognition. Generally, the sensor reads or measures light, temperature, speed, electrical capacity, and other types of energies. Different technologies are applied to get the conversation using sophisticated combinations, networks of sensors and digital cameras.

Many physical characteristics of a person, such as face, iris, and fingerprints, are scanned by a biometric sensor and converted to a digital image using an analog to digital converter. This digital information is stored in a memory and is used to verify or authenticate the identity of a person.

The prominent factors that impact the biometric sensors market growth are rise in number of identity threats, emergence of touch less fingerprint technology, and growth in popularity of wearable devices, such as smart watches and smart bands. However, high cost of biometric technology and easy availability of alternative cheap non-biometric technologies restricts the market growth. On the contrary, the growing concerns related to privacy breaches is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect biometric sensors market during the forecast period.

The biometric sensors market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into capacitive sensors, optical sensors, thermal sensors, ultrasound sensors, and electric field sensors. On the basis of application, it is segmented into voice scan, finger scan, hand scan, facial scan, iris scan, vein scan, and others.

On the basis of region, the biometric sensors market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is dominating the market, due to increase in demand for smart weapons, and most of the smart weapons use biometric sensors technology, which further stimulates the demand for biometric sensors in the arm industry.

The major biometric sensors market players, such as CROSSMATCH Technologies Inc., Fujitsu, Fulcrum Biometrics, Thales Group, IDEX ASA, Infineon, NEC Corporation, Precise Biometrics AB, SAFRAN S.A. and ZKTECO Inc., are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.

KEY MARKET SEGMENTS


BY TYPE

Capacitive Sensors
Optical Sensors
Thermal Sensors
Ultrasound Sensors
Electric Field Sensors

BY APPLICATION

Voice Scan
Finger Scan
Hand Scan
Facial Scan
Iris Scan
Vein Scan
Others

BY REGION

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY PLAYERS

CROSSMATCH Technologies Inc.
Fujitsu
Fulcrum Biometrics
Thales Group
IDEX ASA
Infineon Technologies
NEC Corporation
Precise Biometrics AB
SAFRAN S.A.
ZKTECO Inc.