Touchless Sensing Market 2018 Global Trends, Growth, Size, Landscape and Demand by Forecast to 2027

Touchless Sensing Market
Global Touchless Sensing Market Information, by Sensor (Proximity, Infrared), by Technology (Touch Less Bio-Metric, Touch-Less Sanitary Equipment) – Forecast to 2027

Market Scenario:

Touchless sensing is an emerging user interface technology, used to command the computer via body motion and gestures without touching an input device such as keyboard, mouse, or screen.

Touchless Sensing is an innovative method which allows users to interact with the devices thereby performing certain tasks without having any physical contact. Toucless sensing has emerged as very helpful method in IT industry and apart from IT industry, it has various applications in various industries. 

Dominant Players:

The major vendors in the Touchless Sensing Market are Microchip Technology Inc. (U.S.), Eyesight Technologies Ltd. (Israel), NXP Semiconductors (Netherland), Intel (U.S.), Microsoft Corporation (U.S.), InvenSense (U.S.), Qualcomm Inc. (U.S.), Elliptic Labs Inc., (Norway), CogniVue Corporation, (Canada), Crossmatch (U.S.), and others.

Market Dynamics:

Application expanse and growing popularity is expected to drive a large demand

Thetouchless sensing is finding multitudes of applications especially in gaming, and robotics as exemplified by touchless gaming interface Microsoft’s Kinect. Touchless sensing has been applied for industries including automotive, consumer electronics, defense, home automation, and sign language interpretation.

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Attractive benefits of touchless sensing and advancement of technology expected to result in faster adoption:

Touchless sensing possesses attractive advantages such as higher accuracy, stability, and saving time. Advancement in technology such as gesture recognition, emotion recognition, posture, gait, and behaviors identification has led to enthusiasm about the technology. Graphical user interfaces are a universal and critical application and as such has a high technological gain multiplier effect.

Controlling the application fields such as cursor by gestures such as pointing will make conventional input devices such as mouse, keyboards and touch screens redundant. Touchless multifactor authentication (MFA) has the potential to mitigate security risks by improving efficiency, and convenience, in healthcare. Automated image identification and robotic surgery are benefited by controlling and manipulation without contact with camera-based gesture recognition technology.

High potential application and market equity is driving investment in the market:

Large technology giants such as Intel Corp., Microsoft Corp., Elliptic Labs and others have rushed to explore the technology. Thus high returns on investments and growing start-up funding is another driver of the market.

Market Segmentation:

To generate an accurate understanding of the global touchless sensing market, the report has been segmented by sensors, technology, application vertical and regions.

Based on the sensors, the market has been segmented by proximity & infrared sensors, image sensors and others.

Based on the technology, the market has been segmented by touchless bio-metric, touch-less sanitary equipment. Touchless bio-metric is further sub-segmented by face recognition, eye recognition, touchless fingerprint recognition, and voice recognition. touch-less sanitary equipment is further sub-segmented by trashcans, hand dryers, flushes and others.

Based on the application vertical, the market has been segmented by BFSI, government, automotive, healthcare, consumer electronics and others.

Based on the regions, the market has been segmented by North America, Europe, Asia Pacific, Middle East and Africa.

Regional Analysis:

North America accounts for the largest share of the touchless sensing market, led by the U.S. owing to faster uptake of new technology, the presence of global players such as Microsoft Corporation, Intel, and others. Europe accounts for the second largest market led by Germany, France, and the U.K. The first comer advantage of developed countries is expected to keep them in the leading position for a short period. However, the market is likely to shift towards the developing regions of Asia Pacific led by China and India.

The Middle East and Africa region hold the smallest market share, owing to less adoption of digital technology and smart devices. The Middle East and Africa region are expected to be dominated by Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.

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Industry News:

June 2016 – NXP Semiconductors expanded the application of touchless sensing in its near field communication applications.

July 2014 – InvenSense Inc. acquired touchless and motion sensing developer Movea.

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