Biometric Sensors Market, By Type (Capacitive Sensors, Optical Sensors, Thermal Sensors, Ultrasound

Published Date: | Report Code : IT1949375

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Increasing demand from consumer electronics and commercial centers & buildings for various applications is expected to drive market growth of biometric sensors market during the forecast period. A biometric sensor is a device that converts biometric characteristics of an individual into electrical signals. Biometric sensors are semiconductor devices that process images from an individual’s physical features using complex algorithms. Physical characteristics of a person such as a face, hand, iris, fingerprints, etc., are scanned by a biometric sensor and are converted to a digital image using an analogue to digital converter. This digital information of the person is stored in the memory of the sensor and is used to verify or authenticate the identity of that particular person.

A reliable and secure way of authenticating a user’s identity is vital. Hence, the use of biometric sensors for identifying an individual has many advantages. It helps in ensuring the person’s identity and shares the information only with the concerned person. It is used in preventing the data or information or even premises from the unknown person or identity. Biometrics sensors are used in various industrial and personal applications such as computer login, electronic data security, Internet access, mobile phones, etc. Moreover, several government applications such as ID cards, driver’s license, and passport, among others, are accessed with the help of biometric sensors.

The global biometric sensors market is growing rapidly with the increasing need for security and data protection. The biometric sensor machines are being made lightweight and compact, as well as equipped with futuristic security features. These factors are contributing to the demand for a global biometric sensors market. Additionally, the use of fingerprint identification is increasing in the latest smart devices and smartphones, which is driving the global biometric sensors market.

Key Factors Impacting Market Growth:

  • Increase in security threats and privacy concerns
  • Government projects and constant development in R&D of biometrics
  • Growing demand in medical and defence sector
  • Increase in demand for smart gadgets with biometric sensors
  • Use of biometric sensors in biometric driver assistance systems
  • The high cost of research and development

Key Developments:

  • On June 4, 2019, Precise Biometrics (Sweden) entered into a partnership with Covr Security AB to offer products that enable convenient and secure verification of identity for digital services. The collaboration will strengthen the market position of Precise Biometrics by offering a comprehensive solution for verification of identity for digital services and transactions between mobile units.
  • On April 16, 2019, Bank South Pacific selected Fulcrum Biometrics (US) for fingerprint-based KYC solution.
  • On February 12, 2019, Crossmatch (US), part of HID Global (US), announced its fingerprint reading technology enabling secure identity management on the newly revealed Lenovo ThinkPad T490 Healthcare Edition.
  • On September 24, 2018, HID Global (US) acquired Crossmatch Technologies (US)  to expand in the biometric identity management sector

Regional Outlook:

By region, the biometric sensor market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of biometric sensor market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. 

The North America biometric sensor market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.  Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: CrossMatch Technologies, Inc., Fulcrum Biometrics, Infineon Technologies AG, 3M Cogent, ZKTecoInc, NEC Corporation, Safran, Precise Biometrics Ab, Suprema Inc., and IDEX ASA

Market Segmentation:

By Type:

  • Capacitive Sensors
  • Optical Sensors
  • Thermal Sensors
  • Ultrasound Sensors
  • Electric Field Sensors

By Application:

  • Voice Scan
  • Finger Scan
  • Hand Scan
  • Facial Scan
  • Iris Scan
  • Vein Scan
  • Others

By End User:

  • Consumer Electronics
  • Commercial Centers & Buildings
  • Defense & Security
  • Medical & Research Labs
  • Banking, Finance Services & Insurance (BFSI)
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the global biometric sensors market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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We provide customization of the study to meet specific requirements:

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