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Europe Gesture Recognition & Touchless Sensing: worth $4.82 Billion by 2018
Analysts say that Sensing Technology is driven by several factors, such as:
* Low maintenance costs
* Government measures for water conservation
* Tourism and hospitality industry ...and many more
That's according to a new 351-page market research report, 'Europe Gesture Recognition & Touchless Sensing Market (2013 - 2018) Technology (2D, 3D, Ultrasonic, IR, Capacitive); Product (Biometric, Sanitary); Application (Healthcare, Electronics, Automotive); Region (Germany, U.K., France, Italy, MEA )', the total EMEA Gesture Recognition & Touchless Sensing Market is expected to reach $4.82 billion by 2018 growing at a CAGR of 33.89% from 2013 to 2018.
"Touchless sensing helps in maintaining good hygiene," they say "For example, in touchless sanitary equipment, one does not need to tap the faucet or the soap dispenser to avail of its function. The sensor senses the hand close to the equipment and performs its functions. This minimises cross-contamination and maintains 100% hygiene.
"Increasing security concerns for both physical and cyber access is the main reason for the growth of the Touchless Biometric Market. Biometrics solution for several applications like automotive, banking & finance, commercial security, defence, travel & immigration and many more. The latest trends that are currently changing the pace of the market include; the legislative compliance to avoid fraud, use of multi model authentication in banking & finance, increasing security concerns for network, pc and internet security, smartphone-based mobile device.
"Gesture Recognition Technology was there in the market since a long time but the first commercialised touchless gesture recognition device was launched in 2010. The EMEA Region had a glimpse of Europe Gesture Recognition & Touchless Sensing Market with the launch of Microsofts Kinect in 2010; since then there have been several product launches with gesture recognition technology. The EMEA is dominated by consumer electronics with more than 99% market share among all the other applications. The growing demand for consumer electronics like smartphones and tablets provides a huge potential for this market.
"The report is segmented by technology, application, product and country. These segments have been further divided into sub-segments. The technology has been segmented into 2D camera based, infrared sensor arrays, capacitive/electric near field, ultrasonic and 3D technologies including stereoscopic, structured lighting, and 3D time-of-flight."
The Touchless Sensing Market Statistics are given by products, application and country. The broad markets of touchless sanitary equipment and touchless biometrics have been segmented by the various products. These include:
* Soap dispensers
* Rubbish bins
* Paper towels
* Hand dryers for sanitary equipment and Fingerprint, Iris Recognition, Face Recognition, and Voice Recognition for Touchless Biometrics.
The Application Segmentation of the market covers all the major applications such as consumer electronics, healthcare, retail, automobile and others (automation and home appliances) in detail.
The report provides detailed about porters five force analysis for Touchless Sanitary, Touchless Biometrics and Gesture Recognition Markets. All the five major factors in these markets have been quantified using internal key parameters governing each of them. The report also includes critical market data showing the price trend analysis, emerging trends and value chain analysis. The touchless sensing and gesture recognition is also mapped against major individual countries like Germany, the UK, France, Italy, Middle-East and Africa.
See more at: www.marketsandmarkets.com
Early buyers will receive 10% discount.
23rd May 2013