Biometric Sensors Market (By Type: Thermal, Ultrasound, Capacitive, Optical, Electric Field Sensors; By Application: Hand, Finger, Voice, Vein Scan, & Others; By End User;By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

  • Product Code:
    RP-ID-10325548
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    150
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-50

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Biometric Sensors Market is estimated to reach $1,820 million by 2024; growing at a CAGR of 9.7% from 2016 to 2024. Biometrics refers for analysing and measuring an individual's biological and behavioural characteristics. Biometric sensors are used in microphones and high definition cameras for fast voice verification and facial recognition. Growing consumer responsiveness regarding safety & security of private files and data has supplemented the growth of biometric sensor based electronic devices such as smartwatches, tablets, smartphones and others. Different sectors such as consumer electronics, automotive, and defense, among others pose a huge demand for biometric sensor market.

Some of the major driving factors of the global biometric sensors market are rise in demand for fingerprint identification in tables, smartphones, and other electronic devices. Additionally, lightweight & compact design of biometric sensors has also boosted the market. Growth in demand for fingerprint scanning biometric sensors and rising adoption of stronger security systems across various industry sectors would provide growth opportunities for the market in the coming years.

Type, application, end user, and geography are the key segments of the global biometric sensors market. The market by type is further categorized into ultrasound sensors, thermal sensors, optical sensors, capacitive sensors, and electric field sensors. Application segment includes finger scan, hand scan, vein scan, voice scan, facial scan, iris scan, and others. The biometric sensor market by end-user is segregated into defense & security, consumer electronics, commercial centers & buildings, medical & research labs, banking & financial services, and others.

The global biometric sensors market by geography is categorized into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, France, Germany, and others. Asia-Pacific covers China, India, Japan, Taiwan, South Korea, and others. RoW covers South America, Middle East and Africa.

Major companies operating in the biometric sensor market are Fulcrum Biometrics, ZKTeco Inc, 3M, Infineon Technologies AG, Safran, Precise Biometrics Ab, NEC Corporation, CrossMatch Technologies, Inc., IDEX ASA, and Suprema Inc., and among others.

The key takeaways from the report:
The report will provide detailed analysis of Biometric Sensors Market with respect to major segments such as type, application, and end user
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Biometric Sensors Market has been included in the report
Profile of the key players in the Biometric Sensors Market, will be provided, which include key financials, product & services, new developments and business strategies
Scope of Biometric Sensors Market
Type Segments
Thermal Sensors
Ultrasound Sensors
Capacitive Sensors
Optical Sensors
Electric Field Sensors
Application Segments
Hand Scan
Finger Scan
Voice Scan
Vein Scan
Iris Scan
Facial Scan
Others
End-User Segments
Consumer Electronics
Defense & Security
Medical & Research Labs
Commercial Centers & Buildings
Banking & Financial Services
Others
Geographical Segments
North America
US
Canada
Mexico
Europe
UK
France
Germany
Others
Asia-Pacific
China
India
Japan
Taiwan
South Korea
Others
RoW
South America
Middle East
Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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