The integration of biometric technology with the automotive seat is popularly termed automotive biometrics seat. It focuses on various segments including vehicular access ignition switch, vehicle immobilizer, rationalization, and health monitoring. The Biometric Seat works by utilising many quick-response sensors that can monitor the driver's body temperature, respiration rate, and heart rate. Additionally, If the car thinks that the driver is too nervous or anxious to be operating the vehicle, it might issue warnings based on this information. Moreover, Sensors built into the steering wheel and seat belts allow for an automated speed limiter, audio warning, and the ability to dial an emergency number. All these factors are the reason for the growth of the automotive biometric seat technology market.
The Automotive Biometric Seat Technology Market is expected to grow at a steady rate of around 5% owing to the increasing concern for driver safety and comfort. Major companies in the market offer biometric seats with technologically advanced features. For instance, Audi’s latest A8 flagship luxury sedan is one of many that offers a customized massage function for the rear seats, clearly with an eye on the future autonomous driving segment.
Based on technology type, the market is segmented into infrared technology, implanted sensor, and others. Infrared scanning for the automotive biometrics market is growing at the fastest CAGR during the forecast period owing to its widespread use of security and reliable authentication. Additionally, the growing trend towards keyless entry and push-button ignition systems in automobiles is driving the development of infrared sensors in the automotive industry. For example, you must place your finger on the door handle's capacitive sensor before the door opens.
On the basis of component type, the market is categorized into the sensor, camera, and display. The sensor segment holds the largest market share. The sensor is the most basic component used in the electronic system of automotive vehicles. Nowadays, due to advancements in technology, the rise in electric and driverless vehicles has increased the demand and share of the segment in the market.
Based on application, the automotive biometric seat technology market has been classified into passenger vehicle and commercial vehicle. Due to the rising popularity of luxury vehicles, the passenger cars sector of the automotive biometric market, which had the greatest market share of more than 60%, is anticipated to continue to dominate. In addition, the growing need for more customised and increased security has been a key factor in the sector expansion of the automobile biometric market.
For a better understanding of the market adoption of the automotive biometric seat technology market, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. Increased government initiatives to promote urbanisation and population expansion are blamed for the region's growth since they raise consumer demand for products and services connected to energy. Additionally, APAC Region has the highest population among the other regions and there has been increase in disposable income and an upgradation in lifestyle in recent years. Due to these factors, people are preferring vehicles with highly advanced features like biometric seat technology which is fueling the high growth of this region.
Some of the major players operating in the market include Polaris Inc., Honda Motor Co. Ltd., Textron Inc., Kawasaki Heavy Industries Ltd., Yamaha Motor Co. Ltd., Suzuki Motor Corporation, Deere & Company, Bombardier Recreational Products Inc., KWANG YANG MOTOR CO. LTD., and Hisun Motors Corp.
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the Automotive Biometric Seat Technology Market
2.2. Research Methodology of the Automotive Biometric Seat Technology Market
2.3. Respondent Profile
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE AUTOMOTIVE BIOMETRIC SEAT TECHNOLOGY MARKET