Biometric Sensor Market Analysis By Product (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), By End-Use (Consumer Electronics, Commercial Buildings, Defense, Medical, BFSI) And Segment Forecasts To 2024

Published: Mar, 2013 | Pages: 93 | Publisher: Grand View Research
Industry: Electronics | Report Format: Electronic (PDF)

The global Biometric Sensor Market size is expected to reach USD 1.83 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation and increasing demand in commercial buildings, consumer electronics, and banking applications are expected to drive the market growth.

The development of advanced multimodal techniques for biometric authentication and recognition techniques, which employ verification of more than one biometrics enabling increased security levels across the end-use applications, is driving industry growth. The use of biometric Sensor in consumer electronic devices, such as smartphones and tablets, has resulted in an exponential increase in the sensor shipments.

End-users are increasingly adopting the advanced sensing and authentication technologies aimed at restricting unauthorized access and increasing security. Advanced recognition techniques such as DNA matching as well as vein, iris, and retina recognition have been increasingly adopted across distinct end-use verticals over the past few years.

However, concerns raised over cultural barriers and issues, such as the prevention of misuse of an individual's biometrics, may pose a challenge to the market growth over the next eight years.

Further key findings from the report suggest:

Optical, capacitive, thermal, ultrasound, and electric field Sensor are extensively used in capturing an individual's biometrics. Optical Sensor accounted for over 40% of the industry share and are expected to sustain their supremacy over the forecast period. Fingerprint scanners used in commercial buildings and offices for access control and log management extensively employ optical Sensor for capturing, recognizing, and verifying fingerprints.

The finger scan application segment acquired a significant share of the industry, accounting for over 40% of the overall share and is expected to maintain its dominance over the forecast period. The hand and face scan applications are increasingly gaining prominence, owing to the enhanced security features that they offer.

The rising application of fingerprint and facial recognition and authentication as biometric technology in devices such as smartphones, tablets, and laptops, along with other smart handheld devices, have led to the market proliferation. The consumer electronics segment dominated the overall end-use industry accounting for over 25% of the market volume share in 2015.

The rapidly declining prices of such sensing components to be used in smartphones and tablets are expected to lead to a gradual decrease in the revenue generated over the forecast period. The entry of sensor and component manufacturers from the Asia Pacific countries, such as China and Taiwan, has led to increased competition in the industry, resulting in an overall decline in the sensor prices.

Asia Pacific dominated the global industry, contributing over 35% of the market revenue in 2015. The presence of key sensor and consumer electronics vendors in the region has led the region to hold a major share in the biometric Sensor industry.

Key vendors include 3M Company, Crossmatch, NEC Corporation, IDEX ASA, and ZKTeco Inc. Manufacturers are offering technologically advanced and distinguished products and are adopting innovative distribution strategies, such as e-commerce retailing apart from directly supplying to the end-use industries.

Table of Contentss

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Biometric sensors - Industry snapshot and key buying criteria, 2015 - 2024
Chapter 3. Biometric Sensors Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Biometric sensors value chain analysis
3.3.1. Vendor landscape
3.4. Biometric Sensor Market dynamics
3.4.1. Market driver analysis
3.4.1.1. Technological advancements
3.4.1.2. Increasing applications across various end-use segments
3.4.2. Market restraint analysis
3.4.2.1. Limitations arising due to cultural barriers and lack of standards
3.4.2.2. Rising adoption of Electric Vehicles (EV)
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Key competitor analysis, 2014
3.7.1. Company strategy analysis
3.8. Biometric Sensor Market PESTEL analysis
Chapter 4. Biometric Sensors Product Outlook
4.1. Capacitive sensors
4.1.1. Global market estimates and forecasts, 2015 - 2024
4.2. Optical sensors
4.2.1. Global market estimates and forecasts, 2015 - 2024
4.3. Thermal sensors
4.3.1. Global market estimates and forecasts, 2015 - 2024
4.4. Ultrasound sensors
4.4.1. Global market estimates and forecasts, 2015 - 2024
4.5. Electric field sensors
4.5.1. Global market estimates and forecasts, 2015 - 2024
Chapter 5. Biometric Sensors Application Outlook
5.1. Voice scan
5.1.1. Global market estimates and forecasts, 2015 - 2024
5.2. Finger scan
5.2.1. Global market estimates and forecasts, 2015 - 2024
5.3. Hand scan
5.3.1. Global market estimates and forecasts, 2015 - 2024
5.4. Facial scan
5.4.1. Global market estimates and forecasts, 2015 - 2024
5.5. Iris scan
5.5.1. Global market estimates and forecasts, 2015 - 2024
5.6. Vein scan
5.6.1. Global market estimates and forecasts, 2015 - 2024
5.7. Others
5.7.1. Global market estimates and forecasts, 2015 - 2024
Chapter 6. Biometric Sensors End-Use Outlook
6.1. Consumer electronics
6.1.1. Global market estimates and forecasts, 2015 - 2024
6.2. Commercial buildings
6.2.1. Global market estimates and forecasts, 2015 - 2024
6.3. Defense
6.3.1. Global market estimates and forecasts, 2015 - 2024
6.4. Medical
6.4.1. Global market estimates and forecasts, 2015 - 2024
6.5. BSFI
6.5.1. Global market estimates and forecasts, 2015 - 2024
6.6. Others
6.6.1. Global market estimates and forecasts, 2015 - 2024
Chapter 7. Biometric Sensors Regional Outlook
7.1. North America
7.1.1. Biometric Sensor Market by product, 2015 - 2024
7.1.2. Biometric Sensor Market by application, 2015 - 2024
7.1.3. Biometric Sensor Market by end-use, 2015 - 2024
7.2. Europe
7.2.1. Biometric Sensor Market by product, 2015 - 2024
7.2.2. Biometric Sensor Market by application, 2015 - 2024
7.2.3. Biometric Sensor Market by end-use, 2015 - 2024
7.3. Asia Pacific
7.3.1. Biometric Sensor Market by product, 2015 - 2024
7.3.2. Biometric Sensor Market by application, 2015 - 2024
7.3.3. Biometric Sensor Market by end-use, 2015 - 2024
7.4. RoW
7.4.1. Biometric Sensor Market by product, 201 - 20224
7.4.2. Biometric Sensor Market by application, 2015 - 2024
7.4.3. Biometric Sensor Market by end-use, 2015 - 2024
Chapter 8. Competitive Landscape
8.1. 3M
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. CrossMatch Technologies, Inc.
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Fulcrum Biometrics
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. IDEX ASA
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. NEC Corporation
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Precise Biometrics Ab
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Safran
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Suprema Inc
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Synaptics
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. ZKTeco Inc.
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives

List of Tables

TABLE 1. Biometric sensor - Industry snapshot & key buying criteria, 2015 - 2024
TABLE 2. Global biometric sensor market, (Volume & Revenue), 2015 - 2024
TABLE 3. Global market estimates and forecasts by region, 2015 - 2024 (Million Units)
TABLE 4. Global market estimates and forecasts by region, 2015 - 2024 (USD Million) 
TABLE 5. Global market estimates and forecasts by product, 2015 - 2024 (Million Units)
TABLE 6. Global market estimates and forecasts by product, 2015 - 2024 (USD Million) 
TABLE 7. Global market estimates and forecasts by application, 2015 - 2024 (Million Units)
TABLE 8. Global market estimates and forecasts by application, 2015 - 2024 (USD Million) 
TABLE 9. Global market estimates and forecasts by end-use, 2015 - 2024 (Million Units)
TABLE 10. Global market estimates and forecasts by end-use, 2015 - 2024 (USD Million) 
TABLE 11. Biometric sensor - Key market driver impact
TABLE 12. Biometric sensor - Key market restraint impact
TABLE 13. Global capacitive biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 14. Global capacitive biometric sensor market 2015 - 2024 (Million Units)
TABLE 15. Global capacitive biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 16. Global optical biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 17. Global optical biometric sensor market 2015 - 2024 (Million Units)
TABLE 18. Global optical biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 19. Global thermal biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 20. Global thermal biometric sensor market 2015 - 2024 (Million Units)
TABLE 21. Global thermal biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 22. Global ultrasound biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 23. Global ultrasound biometric sensor market 2015 - 2024 (Million Units)
TABLE 24. Global ultrasound biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 25. Global electric field biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 26. Global electric field biometric sensor market 2015 - 2024 (Million Units)
TABLE 27. Global electric field biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 28. Global voice scan biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 29. Global voice scan biometric sensor market 2015 - 2024 (Million Units)
TABLE 30. Global voice scan biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 31. Global finger scan biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 32. Global finger scan biometric sensor market 2015 - 2024 (Million Units)
TABLE 33. Global finger scan biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 34. Global hand scan biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 35. Global hand scan biometric sensor market 2015 - 2024 (Million Units)
TABLE 36. Global hand scan biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 37. Global facial scan biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 38. Global facial scan biometric sensor market 2015 - 2024 (Million Units)
TABLE 39. Global facial scan biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 40. Global iris scan biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 41. Global iris scan biometric sensor market 2015 - 2024 (Million Units)
TABLE 42. Global iris scan biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 43. Global vein scan biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 44. Global vein scan biometric sensor market 2015 - 2024 (Million Units)
TABLE 45. Global vein scan biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 46. Global other application biometric sensor market (Volume & Revenue), 2015 - 2024
TABLE 47. Global other application biometric sensor market 2015 - 2024 (Million Units)
TABLE 48. Global other application biometric sensor market by region 2015 - 2024 (USD Million) 
TABLE 49. Global biometric sensor demand inconsumer electronics end-use (Volume & Revenue), 2015 - 2024
TABLE 50. Global biometric sensor demand in consumer electronics end-use 2015 - 2024 (Million Units)
TABLE 51. Global biometric sensor demand in consumer electronics end-use by region 2015 - 2024 (USD Million) 
TABLE 52. Global biometric sensor demand incommercial building end-use (Volume & Revenue), 2015 - 2024
TABLE 53. Global biometric sensor demand in commercial building end-use 2015 - 2024 (Million Units)
TABLE 54. Global biometric sensor demand in commercial building end-use by region 2015 - 2024 (USD Million) 
TABLE 55. Global biometric sensor demand indefense end-use (Volume & Revenue), 2015 - 2024
TABLE 56. Global biometric sensor demand in defense end-use 2015 - 2024 (Million Units)
TABLE 57. Global biometric sensor demand in defense end-use by region 2015 - 2024 (USD Million) 
TABLE 58. Global biometric sensor demand inmedical end-use (Volume & Revenue), 2015 - 2024
TABLE 59. Global biometric sensor demand in medical end-use 2015 - 2024 (Million Units)
TABLE 60. Global biometric sensor demand in medical end-use by region 2015 - 2024 (USD Million) 
TABLE 61. Global biometric sensor demand in BFSI end-use (Volume & Revenue), 2015 - 2024
TABLE 62. Global biometric sensor demand in BFSI end-use 2015 - 2024 (Million Units)
TABLE 63. Global biometric sensor demand in BFSI end-use by region 2015 - 2024 (USD Million) 
TABLE 64. Global biometric sensor demand in other end-use (Volume & Revenue), 2015 - 2024
TABLE 65. Global biometric sensor demand in other end-use 2015 - 2024 (Million Units)
TABLE 66. Global biometric sensor demand in other end-use by region 2015 - 2024 (USD Million) 
TABLE 67. North America market by product 2015 - 2024 (Million Units)
TABLE 68. North America market by product 2015 - 2024 (USD Million)
TABLE 69. North America market by application 2015 - 2024 (Million Units)
TABLE 70. North America market by application 2015 - 2024 (USD Million)
TABLE 71. North America market by end-use 2015 - 2024 (Million Units)
TABLE 72. North America market by end-use 2015 - 2024 (USD Million)
TABLE 73. Europe market by product 2015 - 2024 (Million Units)
TABLE 74. Europe market by product 2015 - 2024 (USD Million)
TABLE 75. Europe market by application 2015 - 2024 (Million Units)
TABLE 76. Europe market by application 2015 - 2024 (USD Million)
TABLE 77. Europe market by end-use 2015 - 2024 (Million Units)
TABLE 78. Europe market by end-use 2015 - 2024 (USD Million)
TABLE 79. Asia Pacific market by product 2015 - 2024 (Million Units)
TABLE 80. Asia Pacific market by product 2015 - 2024 (USD Million)
TABLE 81. Asia Pacific market by application 2015 - 2024 (Million Units)
TABLE 82. Asia Pacific market by application 2015 - 2024 (USD Million)
TABLE 83. Asia Pacific market by end-use 2015 - 2024 (Million Units)
TABLE 84. Asia Pacific market by end-use 2015 - 2024 (USD Million)
TABLE 85. RoW market by product 2015 - 2024 (Million Units)
TABLE 86. RoW market by product 2015 - 2024 (USD Million)
TABLE 87. RoW market by application 2015 - 2024 (Million Units)
TABLE 88. RoW market by application 2015 - 2024 (USD Million)
TABLE 89. RoW market by end-use 2015 - 2024 (Million Units)
TABLE 90. RoW market by end-use 2015 - 2024 (USD Million)