Dallas, TX (PRWEB) April 05, 2013
The touchless sensing and gesture recognition technologies enable a user to interact with a device to perform a specific task sans the need of touching it. The touchless sensing can be divided into two broad markets based on the applications, namely touchless sanitary equipment and touchless biometric market. The report deals with the analysis of all the technologies of the above-mentioned broad markets and the gesture recognition market.
The total touchless sensing and gesture recognition market is expected to reach $15.02 billion by 2018 at a double digit CAGR from 2013 till 2018. The market value in 2012 was approximately $2 billion.
The report focuses on the in-depth segmentation of these markets by the different technologies, products, and applications. For instance, the touchless biometric market has been segmented by the different types like face, iris, voice, and touchless fingerprint biometrics. Similarly, the touchless sanitary equipment is segmented by the major products like faucets, soap dispensers, trash cans, hand dryers, paper towel dispenser, and flushes. The gesture recognition market has been segmented by technologies like 2D camera based, 3D camera based, ultrasonic, infrared arrays, and electric near field.
This report analyzes the findings by considering the market dynamics that shape it up. These dynamics are categorized under three headers: drivers, restraints, and opportunities. The market estimation and forecasts have been done using market dynamics. The report also gives detailed profiles of various companies currently active in these markets. In addition to the company profiles, the report does provide a competitive landscape (CL) of the key players for each of the markets. The CL covers market share analysis, mergers and acquisitions, collaborations, partnerships, new product developments, and the key growth strategies of each player.
The report also provides detailed porters five force analysis for Touchless sanitary, touchless biometrics and gesture recognition markets. The analysis gives insights into all the factors affecting the market and their impact on its growth.
The touchless sensing and gesture recognition is also mapped against geography. The market by geography is segmented by various economic regions such as Americas, EMEA, and APAC. The regional market has been further broken down by country, which gives a detailed insight of regional profit pockets and potential emerging markets. Apart from market segmentation, the report includes critical market data showing the price trend analysis, Porters five force analysis, and value chain analysis.
The global touchless sensing and gesture recognition market is estimated to grow at a healthy CAGR from 2013 till 2018 and to cross $15.02 billion by the end of these five years.
The total touchless sanitary equipment market is expected to grow at a CAGR of above 37% from 2013 to 2018.
Americas is the fastest growing region for touchless Biometric Market; followed by the EMEA region.
For face recognition, government applications will dominate the market for the next five years.
Currently, consumer electronics application contributes to more than 99% of the global gesture recognition market.
The factors such as evolving technology and increasing adoption by OEMs are rapidly changing the market ecosystem.
2D camera based technology is expected to dominate the smartphones market for the next five years. Emerging technologies like ultrasonic, infrared, capacitive/electric near field and 3D technologies shall witness a significant increase in their shipments.
Healthcare application is expected to emerge as a significant market for gesture recognition technologies over the next five years.
The automotive application for gesture recognition is expected to be commercialized in 2015.
Porter’s analysis in detail, value chain analysis along with technology & market road maps, and evolution of each of the markets is given.
Detailed segmentation of global touchless sensing and gesture recognition market by technology and products with a focus on markets of high growth and emerging technologies
The future of each type of gesture recognition technology and industry from both – technical and market-oriented perspectives with techno-market oriented road maps.
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