Global Automotive Gesture Recognition Systems Market to Reach $7.6 Billion by 2030
The global market for Automotive Gesture Recognition Systems estimated at US$2.2 Billion in the year 2023, is expected to reach US$7.6 Billion by 2030, growing at a CAGR of 19.3% over the analysis period 2023-2030. Hand / Finger Print / Leg Recognition, one of the segments analyzed in the report, is expected to record a 20% CAGR and reach US$3.1 Billion by the end of the analysis period. Growth in the Vision / IRIS Recognition segment is estimated at 18.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $685.1 Million, While China is Forecast to Grow at 18.3% CAGR
The Automotive Gesture Recognition Systems market in the U.S. is estimated at US$685.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 18.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.1% and 16.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.
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