Global Gesture Recognition Market in Automotive Sector Report 2015 - Growing Number of Partnerships

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Mar 30, 2015, 01:23 ET

DUBLIN, Mar. 26, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/lc9bnl/global_gesture) has announced the addition of the "Global Gesture Recognition Market in Automotive Sector 2014-2018" report to their offering.

The analysts forecast the Global Gesture Recognition market in Automotive Sector to grow at a CAGR of 12.8% over the period 2013-2018.

Gesture recognition is the ability of a device to identify and respond to different gestures of an individual. Gesture recognition technology can be 2D-based or 3D-based. It uses a camera-enabled device that beams an invisible infrared light onto the individual, which is reflected back to the camera and onto a gesture recognition IC. The IC, with the help of gesture recognition software, creates depth maps of the images received and responds appropriately to the movements. Thus, no physical contact is required between individuals and devices. Gesture recognition helps in providing a higher level of safety in automotives. The major applications of gesture recognition in automotives include management of audio and video systems, dashboards, and other controls.

This report covers the present scenario and the growth prospects of the Global Gesture Recognition market in Automotive sector for the period 2014-2018. To calculate the market size, the report considers revenue generated from sales of 2D gesture recognition solutions used in the Automotive sector. The revenue generated from sales of 3D gesture recognition technology has not been considered.

Increase in the number of partnerships between automobile manufacturers and gesture recognition solution vendors is one of the key trends upcoming in this market. Automobile manufacturers such as Ford, Toyota, and Mercedes have developed partnerships with gesture recognition vendors such as Microsoft. Intel and Harman are also entering the market along with leading automobile manufacturers to provide gesture recognition capabilities in automobiles.

According to the report, increased demand for cost-effective gesture recognition solutions is one the major market drivers. Gesture recognition solutions are available at an affordable cost because they need only software and a camera with a sensor for the recognition process.

Further, the report states that the non-standardization of gestures is a serious challenge for the market. For instance, a subtle movement of the user's hand could activate a function he did not intend to perform. Therefore, a certain level of standardization is required to ensure the accuracy of gesture recognition in different applications.

Key Vendors