Automotive Biometric Vehicle Access System Market Size, Share, Trends and Analysis

Summary

Technavio Announces the Publication of its Research Report – Global Automotive Biometric Vehicle Access System Market 2016-2020

Technavio recognizes the following companies as the key players in the global automotive biometric vehicle access system market: BioEnable, Techshino, Miaxis, Nymi, and Sonavation.

Other Prominent Vendors in the market are: BIODIT, Denso, EyeLock, FPC, Fujitsu, HID Global, IriTech, KeyLemon, NEC, Nuance, Olea Sensor Networks, Safran, Synaptics, and VOXX.

Commenting on the report, an analyst from Technavio’s team said: “Increasing adoption of automatic vehicle identification system in transit junctions will be a noteworthy trend in this market. Threats from organized crime and the increasing number of mass scale terrorist threats encouraged governments and law enforcement agencies across the world to implement advanced automatic vehicle identification (AVI) systems that not only identify the vehicle but also the credentials of the driver.”

Browse Detail Report With TOC @

https://marketreportscenter.com/reports/316872/global-automotive-biometric-vehicle-access-system-market-2016-2020

According to the report, one driver spurring growth in this market is the presence of vulnerabilities in existing keyless entry system. Traditionally, vehicles were equipped with conventional mechanical keys to lock or unlock vehicle doors. The advent of electronic keyless entry systems changed the situation drastically because vehicle access is now linked to electromagnetic frequency and communication wavelengths. The adoption of keyless entry systems drastically reduced vehicle thefts.

Further, the report states that rising cost pressures on OEMs will hamper market growth during the forecast period. Automotive OEMs face humongous cost pressures due to dynamic regulations that govern several components within a vehicle. Stringent emission norms, the need for heavy investments in R&D programs, market competition, and evolving...