London, UK -- (SBWire) -- 05/10/2019 --The Global Biometric Sensors Market is expected to increase from USD 863.7 million in 2016, to USD 1,748.0 million in 2023, at a significant CAGR of 10.6% from 2017 to 2023.
The factors driving the global biometric sensors market are rising security concerns, convenience in implementing across various industries and rising demand for fingerprint sensors and facial recognition sensors in smart-phones and other hand held devices. Technological advancement such as virtual reality and virtual assist and rising adoption of smart-phone linkage to meet the daily activities also fuels the growth of the global biometric sensors market. The years used for the assessment are as follows:
Historical year : 2014, 2015
Base year : 2016
Forecast period : 2017 – 2023
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RESEARCH METHODOLOGY
The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;
Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share.
Analyzing the collected data points
Bridging the data points to calculate the total Biometric Sensors market and it various segments.
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the biometric sensors market
Finalizing the overall size and share for the global biometric sensors market
OBJECTIVES:
To classify the global biometric sensors market into segments by payload, application, industries and region and analyze their growth prospects individually
To analyze market trends, opportunities, drivers and restraints associated with the biometric sensors market
Profiling key companies operating in the global biometric sensors market
To study market response with respect to the mergers and acquisitions in the industry
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MARKET SCOPE
The research scope for global Biometric Sensors market is as follows:
By Type
Capacitive Sensors
Optical Sensors
Thermal Sensors
Ultrasound Sensors
Electric Field Sensors (e-Field)
By Application
Voice Scan
Finger Scan
Hand Scan
Facial Scan
Iris Scan
Vein Scan
Others
By End-Use
Consumer Electronics
Commercial Centers and Buildings
Defense and Security
Medical and Research Labs
Banking and Finance Services Sector
Others
By Region
North America
Europe
Asia-Pacific
Middle East and Africa (MEA)
Rest of the World (RoW)
Free Analysis
The global biometric sensors market is expected to increase from USD 863.7 million in 2016, to USD 1,748.0 million in 2023, at a significant CAGR of 10.6% from 2017 to 2023. Factors driving the growth of the global biometric sensors market are rising security concerns, convenience in implementing across various industries and rising demand for fingerprint sensors and facial recognition sensors in smart-phones and other hand held devices. Technological advancement such as virtual reality and virtual assist and increasing adoption of smart-phone linkage to meet the daily activities also fuels the growth of the global biometric sensors market. Hand held devices and wearable devices such as smart watches, eyeglasses, ear pods and smart bands are using the biometric identification technologies and these gadgets also have the capabilities to capture an individual's traits like blood pressure and heart rate. The growing use of such wearable and hand held devices and high degree of accuracy and sensitivity of such devices making biometric sensors popular in the global biometric sensors market. High initial and implementation cost may hinder the growth of the global biometric sensors market.
Based on type, the optical sensors held the major share of the global biometric sensors market in 2016, while ultrasound sensors segment is the fastest growing segment. On the basis of application, the finger scan segment is the largest segment and voice scan segment is the fastest growing segment followed by Iris scan application.
Key companies operating in the biometric sensor market include Crossmatch Technologies Inc., 3m, Suprema Inc., Zkteco Inc., Infineon Technologies Ag, Idex Asa, Fulcrum Biometrics, Safran, Precise Biometrics Ab, and Nec Corporation.
Table of Contents
Global Biometric Sensors Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023
CHAPTER 1. Market Scope and Methodology
1.1. Market Definition
1.2. Market Segmentation
1.2.1. Market Breakdown, By Type
1.2.2. Market Breakdown, By Application
1.2.3. Market Breakdown, By End Use
1.2.4. Market Breakdown, By Region
1.3. Research Methodology
1.4. Executive Summary
CHAPTER 2. Market Outlook
2.1. Introduction
2.2. Landscape
2.2.1. Market Share
2.2.2. Opportunities
2.2.2.1. Opportunities for graphene based biosensors
2.2.3. Trends
2.2.3.1. Emergence of touch-less sensing technologies
2.2.3.2. Emergence of mobile biometric payments
2.2.3.3. Introduction of biometrics mobile apps
2.2.4. Growth Drivers
2.2.4.1. Growing demand for fingerprint and facial recognition sensors in smart-phones and other handheld devices
2.2.4.2. Convenience in terms of application
2.2.4.3. Adoption of multimodal cloud-based biometrics
2.2.4.4. Rising security concerns
2.2.5. Impact Analysis of Drivers on Future Forecast of the Market
2.2.6. Restraints of the Market
2.2.6.1. Limitation of application in different regions
2.2.7. Impact Analysis of Restraints on Future Forecast of the Market
CHAPTER 3. COMPETITIVE LANDSCAPE
3.1. Player Positioning Analysis, 2016
3.2. Key Strategies Adopted by Leading Players
CHAPTER 4. Market Entry Strategy
4.1. Regulatory Affairs
4.2. Competitive Analysis
4.3. Investment Analysis
4.4. Recommendations
CHAPTER 5. Global Biometric Sensors Market Size and Forecast (2013 – 2023)
5.1. Global Biometric Sensors Market, By Type
5.1.1. Capacitive Sensors
5.1.2. Optical Sensors
5.1.3. Thermal Sensors
5.1.4. Ultrasound Sensors
5.1.5. Electric Field Sensors (e-Field)
5.2. Global Biometric Sensors Market, By Application
5.2.1. Voice Scan
5.2.2. Finger Scan
5.2.3. Hand Scan
5.2.4. Facial Scan
5.2.5. Iris Scan
5.2.6. Vein Scan
5.2.7. Others
5.3. Global Biometric Sensors Market, By End Use
5.3.1. Consumer Electronics
5.3.2. Commercial Centers and Buildings
5.3.3. Defense and Security
5.3.4. Medical and Research Labs
5.3.5. Banking and Finance Services Sector
5.3.6. Others
5.4. Global Biometric Sensors Market, By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia-Pacific
5.4.4. Middle East & Africa (MEA)
5.4.5. Rest of the World (RoW)
CHAPTER 6. Global Biometric Sensors Market, By Region
6.1. North America Biometric Sensors Market
6.1.1. North America Biometric Sensors Market, By Type (USD Million)
6.1.2. North America Biometric Sensors Market, By Type (Million Units)
6.1.3. North America Biometric Sensors Market, By Application (USD Million)
6.1.4. North America Biometric Sensors Market, By Application (Million Units)
6.1.5. North America Biometric Sensors Market, By End Use (USD Million)
6.1.6. North America Biometric Sensors Market, By End Use (Million Units)
6.1.7. North America Biometric Sensors Market, By Country
6.1.7.1. The U.S.
6.1.7.1.1. U.S. Biometric Sensors Market, By Type (USD Million)
6.1.7.1.2. U.S. Biometric Sensors Market, By Type (Million Units)
6.1.7.1.3. U.S. Biometric Sensors Market, By Application (USD Million)
6.1.7.1.4. U.S. Biometric Sensors Market, By Application (Million Units)
6.1.7.1.5. U.S. Biometric Sensors Market, By End Use (USD Million)
6.1.7.1.6. U.S. Biometric Sensors Market, By End Use (Million Units)
6.1.7.2. Rest of North America
6.1.7.2.1. Rest of North America Biometric Sensors Market, By Type (USD Million)
6.1.7.2.2. Rest of North America Biometric Sensors Market, By Type (Million Units)
6.1.7.2.3. Rest of North America Biometric Sensors Market, By Application (USD Million)
6.1.7.2.4. Rest of North America Biometric Sensors Market, By Application (Million Units)
6.1.7.2.5. Rest of North America Biometric Sensors Market, By End Use (USD Million)
6.1.7.2.6. Rest of North America Biometric Sensors Market, By End Use (Million Units)
6.2. Europe Biometric Sensors Market
6.2.1. Europe Biometric Sensors Market, By Type (USD Million)
6.2.2. Europe Biometric Sensors Market, By Type (Million Units)
6.2.3. Europe Biometric Sensors Market, By Application (USD Million)
6.2.4. Europe Biometric Sensors Market, By Application (Million Units)
6.2.5. Europe Biometric Sensors Market, By End Use (USD Million)
6.2.6. Europe Biometric Sensors Market, By End Use (Million Units)
6.2.7. Europe Biometric Sensors Market, By Country
6.2.7.1. Germany
6.2.7.1.1. Germany Biometric Sensors Market, By Type (USD Million)
6.2.7.1.2. Germany Biometric Sensors Market, By Type (Million Units)
6.2.7.1.3. Germany Biometric Sensors Market, By Application (USD Million)
6.2.7.1.4. Germany Biometric Sensors Market, By Application (Million Units)
6.2.7.1.5. Germany Biometric Sensors Market, By End Use (USD Million)
6.2.7.1.6. Germany Biometric Sensors Market, By End Use (Million Units)
6.2.7.2. France
6.2.7.2.1. France Biometric Sensors Market, By Type (USD Million)
6.2.7.2.2. France Biometric Sensors Market, By Type (Million Units)
6.2.7.2.3. France Biometric Sensors Market, By Application (USD Million)
6.2.7.2.4. France Biometric Sensors Market, By Application (Million Units)
6.2.7.2.5. France Biometric Sensors Market, By End Use (USD Million)
6.2.7.2.6. France Biometric Sensors Market, By End Use (Million Units)
6.2.7.3. The U.K.
6.2.7.3.1. U.K. Biometric Sensors Market, By Type (USD Million)
6.2.7.3.2. U.K. Biometric Sensors Market, By Type (Million Units)
6.2.7.3.3. U.K. Biometric Sensors Market, By Application (USD Million)
6.2.7.3.4. U.K. Biometric Sensors Market, By Application (Million Units)
6.2.7.3.5. U.K. Biometric Sensors Market, By End Use (USD Million)
6.2.7.3.6. U.K. Biometric Sensors Market, By End Use (Million Units)
6.2.7.4. Rest of Europe
6.2.7.4.1. Rest of Europe Biometric Sensors Market, By Type (USD Million)
6.2.7.4.2. Rest of Europe Biometric Sensors Market, By Type (Million Units)
6.2.7.4.3. Rest of Europe Biometric Sensors Market, By Application (USD Million)
6.2.7.4.4. Rest of Europe Biometric Sensors Market, By Application (Million Units)
6.2.7.4.5. Rest of Europe Biometric Sensors Market, By End Use (USD Million)
6.2.7.4.6. Rest of Europe Biometric Sensors Market, By End Use (Million Units)
6.3. Asia-Pacific Biometric Sensors Market
6.3.1. Asia-Pacific Biometric Sensors Market, By Type (USD Million)
6.3.2. Asia-Pacific Biometric Sensors Market, By Type (Million Units)
6.3.3. Asia-Pacific Biometric Sensors Market, By Application (USD Million)
6.3.4. Asia-Pacific Biometric Sensors Market, By Application (Million Units)
6.3.5. Asia-Pacific Biometric Sensors Market, By End Use (USD Million)
6.3.6. Asia-Pacific Biometric Sensors Market, By End Use (Million Units)
6.3.7. Asia-Pacific Biometric Sensors Market, By Country
6.3.7.1. China
6.3.7.1.1. China Biometric Sensors Market, By Type (USD Million)
6.3.7.1.2. China Biometric Sensors Market, By Type (Million Units)
6.3.7.1.3. China Biometric Sensors Market, By Application (USD Million)
6.3.7.1.4. China Biometric Sensors Market, By Application (Million Units)
6.3.7.1.5. China Biometric Sensors Market, By End Use (USD Million)
6.3.7.1.6. China Biometric Sensors Market, By End Use (Million Units)
6.3.7.2. Japan
6.3.7.2.1. Japan Biometric Sensors Market, By Type (USD Million)
6.3.7.2.2. Japan Biometric Sensors Market, By Type (Million Units)
6.3.7.2.3. Japan Biometric Sensors Market, By Application (USD Million)
6.3.7.2.4. Japan Biometric Sensors Market, By Application (Million Units)
6.3.7.2.5. Japan Biometric Sensors Market, By End Use (USD Million)
6.3.7.2.6. Japan Biometric Sensors Market, By End Use (Million Units)
6.3.7.3. India
6.3.7.3.1. India Biometric Sensors Market, By Type (USD Million)
6.3.7.3.2. India Biometric Sensors Market, By Type (Million Units)
6.3.7.3.3. India Biometric Sensors Market, By Application (USD Million)
6.3.7.3.4. India Biometric Sensors Market, By Application (Million Units)
6.3.7.3.5. India Biometric Sensors Market, By End Use (USD Million)
6.3.7.3.6. India Biometric Sensors Market, By End Use (Million Units)
6.3.7.4. Taiwan
6.3.7.4.1. Taiwan Biometric Sensors Market, By Type (USD Million)
6.3.7.4.2. Taiwan Biometric Sensors Market, By Type (Million Units)
6.3.7.4.3. Taiwan Biometric Sensors Market, By Application (USD Million)
6.3.7.4.4. Taiwan Biometric Sensors Market, By Application (Million Units)
6.3.7.4.5. Taiwan Biometric Sensors Market, By End Use (USD Million)
6.3.7.4.6. Taiwan Biometric Sensors Market, By End Use (Million Units)
6.3.7.5. South Korea
6.3.7.5.1. South Korea Biometric Sensors Market, By Type (USD Million)
6.3.7.5.2. South Korea Biometric Sensors Market, By Type (Million Units)
6.3.7.5.3. South Korea Biometric Sensors Market, By Application (USD Million)
6.3.7.5.4. South Korea Biometric Sensors Market, By Application (Million Units)
6.3.7.5.5. South Korea Biometric Sensors Market, By End Use (USD Million)
6.3.7.5.6. South Korea Biometric Sensors Market, By End Use (Million Units)
6.3.7.6. Rest of Asia-Pacific
6.3.7.6.1. Rest of Asia-Pacific Biometric Sensors Market, By Type (USD Million)
6.3.7.6.2. Rest of Asia-Pacific Biometric Sensors Market, By Type (Million Units)
6.3.7.6.3. Rest of Asia-Pacific Biometric Sensors Market, By Application (USD Million)
6.3.7.6.4. Rest of Asia-Pacific Biometric Sensors Market, By Application (Million Units)
6.3.7.6.5. Rest of Asia-Pacific Biometric Sensors Market, By End Use (USD Million)
6.3.7.6.6. Rest of Asia-Pacific Biometric Sensors Market, By End Use (Million Units)
6.4. Middle East & Africa (MEA) Biometric Sensors Market
6.4.1. Middle East & Africa (MEA) Biometric Sensors Market, By Type (USD Million)
6.4.2. Middle East & Africa (MEA) Biometric Sensors Market, By Type (Million Units)
6.4.3. Middle East & Africa (MEA) Biometric Sensors Market, By Application (USD Million)
6.4.4. Middle East & Africa (MEA) Biometric Sensors Market, By Application (Million Units)
6.4.5. Middle East & Africa (MEA) Biometric Sensors Market, By End Use (USD Million)
6.4.6. Middle East & Africa (MEA) Biometric Sensors Market, By End Use (Million Units)
6.4.7. Middle East & Africa (MEA) Biometric Sensors Market, By Country
6.4.7.1. Saudi Arabia
6.4.7.1.1. Saudi Arabia Biometric Sensors Market, By Type (USD Million)
6.4.7.1.2. Saudi Arabia Biometric Sensors Market, By Type (Million Units)
6.4.7.1.3. Saudi Arabia Biometric Sensors Market, By Application (USD Million)
6.4.7.1.4. Saudi Arabia Biometric Sensors Market, By Application (Million Units)
6.4.7.1.5. Saudi Arabia Biometric Sensors Market, By End Use (USD Million)
6.4.7.1.6. Saudi Arabia Biometric Sensors Market, By End Use (Million Units)
6.4.7.2. UAE
6.4.7.2.1. UAE Biometric Sensors Market, By Type (USD Million)
6.4.7.2.2. UAE Biometric Sensors Market, By Type (Million Units)
6.4.7.2.3. UAE Biometric Sensors Market, By Application (USD Million)
6.4.7.2.4. UAE Biometric Sensors Market, By Application (Million Units)
6.4.7.2.5. UAE Biometric Sensors Market, By End Use (USD Million)
6.4.7.2.6. UAE Biometric Sensors Market, By End Use (Million Units)
6.4.7.3. South Africa
6.4.7.3.1. South Africa Biometric Sensors Market, By Type (USD Million)
6.4.7.3.2. South Africa Biometric Sensors Market, By Type (Million Units)
6.4.7.3.3. South Africa Biometric Sensors Market, By Application (USD Million)
6.4.7.3.4. South Africa Biometric Sensors Market, By Application (Million Units)
6.4.7.3.5. South Africa Biometric Sensors Market, By End Use (USD Million)
6.4.7.3.6. South Africa Biometric Sensors Market, By End Use (Million Units)
6.4.7.4. Rest of M EA
6.4.7.4.1. Rest of MEA Biometric Sensors Market, By Type (USD Million)
6.4.7.4.2. Rest of MEA Biometric Sensors Market, By Type (Million Units)
6.4.7.4.3. Rest of MEA Biometric Sensors Market, By Application (USD Million)
6.4.7.4.4. Rest of MEA Biometric Sensors Market, By Application (Million Units)
6.4.7.4.5. Rest of MEA Biometric Sensors Market, By End Use (USD Million)
6.4.7.4.6. Rest of MEA Biometric Sensors Market, By End Use (Million Units)
6.5. Rest of the World Biometric Sensors Market
6.5.1. Rest of the World Biometric Sensors Market, By Type
6.5.2. Rest of the World Biometric Sensors Market, By Application
6.5.3. Rest of the World Biometric Sensors Market, By End Use
6.5.4. Rest of the World Biometric Sensors Market, By Country
6.5.4.1. Rest of the World (RoW)
CHAPTER 7. COMPETITIVE ANALYSIS
7.1. Porters Five Forces Analysis
7.1.1. Bargaining Power of Buyers
7.1.2. Bargaining Power of Suppliers
7.1.3. Threat of New Entrants
7.1.4. Intensity of Rivalry
7.1.5. Threat of Substitutes
CHAPTER 8. Key Players and Strategic Developments
8.1. Cross Match Technologies Inc.
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. 3M Company
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. NEC Corporation
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. Safran
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Infineon Technologies AG
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. Precise Biometrics AB
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. Suprema Inc.
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Fulcrum Biometrics
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. IDEX ASA
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. ZKTeco Inc.
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
CHAPTER 9. Research Approach
9.1. Initial Data Search
9.2. Secondary Research
9.3. Primary Research
9.4. Scope and Assumptions
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Biometric Sensors Market to Surpass USD 1,748.0 Million by 2023 with Significant CAGR of 10.6%
Ameco Research Presents "Global Biometric Sensors Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023" New Document to its Studies Database.