Global Touchless Sensing Equipment Market Growth 2023-2029

Global Touchless Sensing Equipment Market Growth 2023-2029

Touchless sensing is a software-dependent and advanced form of human-machine interaction, where the user can control and monitor devices through contactless modes. This technology is incorporated into mobile phones, tablets, PDAs and other computer-enabled devices.

LPI (LP Information)' newest research report, the “Touchless Sensing Equipment Industry Forecast” looks at past sales and reviews total world Touchless Sensing Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Touchless Sensing Equipment sales for 2023 through 2029. With Touchless Sensing Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Touchless Sensing Equipment industry.

This Insight Report provides a comprehensive analysis of the global Touchless Sensing Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Touchless Sensing Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Touchless Sensing Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Touchless Sensing Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Touchless Sensing Equipment.

The global Touchless Sensing Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The increase in demand for touchless sensing in mobile devices is one of the major factors that will have a positive impact on the growth of this market in the coming years. Several countries such as Australia, the Philippines, the US, the UK, India, and Chile have imposed strict restrictions that prevent the use of mobile devices while driving. The introduction of these regulations has resulted in the augmented demand for touchless sensing technologies such as voice recognition in mobile devices. As a result, there is an increasing demand and adoption of mobile devices equipped with voice recognition applications, which induces vendors to increase their R&D investment and develop applications with voice command options. Additionally, the demand for facial recognition systems in smartphones will also drive the demand for the market in the coming years.

This report presents a comprehensive overview, market shares, and growth opportunities of Touchless Sensing Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Automatic Doors
Contactless Card Access Systems
Gait Analysis Systems
Iris Recognition
Voice Recognition
Touchless Sanitary Ware

Segmentation by application
Consumer Electronics
Government
BFSI
Healthcare
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Grohe
Jaquar
Kohler
3M Cogent
Assa Abloy
Boon Edam
Stanley Access Technologies
Safran

Key Questions Addressed in this Report

What is the 10-year outlook for the global Touchless Sensing Equipment market?

What factors are driving Touchless Sensing Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Touchless Sensing Equipment market opportunities vary by end market size?

How does Touchless Sensing Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.