Gesture Sensing Control Market Developments by 2031
Surging use of consumer electronics and Internet of Things, along with increasing need for comfort and convenience in product usage, is boosting the growth of the gesture sensing control market. Technological advancements and ease of use are helping the market gain momentum over the coming years. Increasing awareness regarding regulations and driver safety are bolstering the demand for gesture sensing control in the automobile industry. Similarly, spiraling customer demand for application-based technologies is stimulating market growth.
MARKET SCOPE
The "Global Gesture Sensing Control Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Gesture sensing control market with detailed market segmentation by technology, application and geography. The report provides key statistics on the market status of the leading Gesture sensing control market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on technology, the global Gesture sensing control market is segmented into touch-based, touchless
- On the basis of application, the market is segmented into automotive, consumer electronics, healthcare, advertisement and communication, defense, others
MARKET DYNAMICS
Drivers:
- Major drivers for this market's growth are increasing demand for connectivity in the automotive industry, low technical complexity and advanced user experience and growing digitization across several industries.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Gesture sensing control market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Gesture sensing control market in these regions.
IMPACT OF COVID-19 ON GESTURE SENSING CONTROL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Gesture sensing control market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Gesture sensing control market in these regions.
IMPACT OF COVID-19 ON GESTURE SENSING CONTROL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Gesture sensing control market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Gesture sensing control market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Gesture sensing control market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cognitec Systems GmbH
- Applied Micro
- Analog Devices
- Motorola
- AMD
- Ceva
- eyeSight Mobile Technologies Ltd.
- Microsoft
- Google
- GestureTek Technologies Inc
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Gesture Sensing Control Market - By Technology
1.3.2 Gesture Sensing Control Market - By Application
1.3.3 Gesture Sensing Control Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GESTURE SENSING CONTROL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. GESTURE SENSING CONTROL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. GESTURE SENSING CONTROL MARKET - GLOBAL MARKET ANALYSIS
6.1. GESTURE SENSING CONTROL - GLOBAL MARKET OVERVIEW
6.2. GESTURE SENSING CONTROL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. GESTURE SENSING CONTROL MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. TOUCH-BASED
7.3.1. Overview
7.3.2. Touch-based Market Forecast and Analysis
7.4. TOUCHLESS
7.4.1. Overview
7.4.2. Touchless Market Forecast and Analysis
8. GESTURE SENSING CONTROL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. CONSUMER ELECTRONICS
8.4.1. Overview
8.4.2. Consumer Electronics Market Forecast and Analysis
8.5. HEALTHCARE
8.5.1. Overview
8.5.2. Healthcare Market Forecast and Analysis
8.6. ADVERTISEMENT AND COMMUNICATION
8.6.1. Overview
8.6.2. Advertisement and Communication Market Forecast and Analysis
8.7. DEFENSE
8.7.1. Overview
8.7.2. Defense Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. GESTURE SENSING CONTROL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Gesture Sensing Control Market Overview
9.1.2 North America Gesture Sensing Control Market Forecasts and Analysis
9.1.3 North America Gesture Sensing Control Market Forecasts and Analysis - By Technology
9.1.4 North America Gesture Sensing Control Market Forecasts and Analysis - By Application
9.1.5 North America Gesture Sensing Control Market Forecasts and Analysis - By Countries
9.1.5.1 United States Gesture Sensing Control Market
9.1.5.1.1 United States Gesture Sensing Control Market by Technology
9.1.5.1.2 United States Gesture Sensing Control Market by Application
9.1.5.2 Canada Gesture Sensing Control Market
9.1.5.2.1 Canada Gesture Sensing Control Market by Technology
9.1.5.2.2 Canada Gesture Sensing Control Market by Application
9.1.5.3 Mexico Gesture Sensing Control Market
9.1.5.3.1 Mexico Gesture Sensing Control Market by Technology
9.1.5.3.2 Mexico Gesture Sensing Control Market by Application
9.2. EUROPE
9.2.1 Europe Gesture Sensing Control Market Overview
9.2.2 Europe Gesture Sensing Control Market Forecasts and Analysis
9.2.3 Europe Gesture Sensing Control Market Forecasts and Analysis - By Technology
9.2.4 Europe Gesture Sensing Control Market Forecasts and Analysis - By Application
9.2.5 Europe Gesture Sensing Control Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Gesture Sensing Control Market
9.2.5.1.1 Germany Gesture Sensing Control Market by Technology
9.2.5.1.2 Germany Gesture Sensing Control Market by Application
9.2.5.2 France Gesture Sensing Control Market
9.2.5.2.1 France Gesture Sensing Control Market by Technology
9.2.5.2.2 France Gesture Sensing Control Market by Application
9.2.5.3 Italy Gesture Sensing Control Market
9.2.5.3.1 Italy Gesture Sensing Control Market by Technology
9.2.5.3.2 Italy Gesture Sensing Control Market by Application
9.2.5.4 United Kingdom Gesture Sensing Control Market
9.2.5.4.1 United Kingdom Gesture Sensing Control Market by Technology
9.2.5.4.2 United Kingdom Gesture Sensing Control Market by Application
9.2.5.5 Russia Gesture Sensing Control Market
9.2.5.5.1 Russia Gesture Sensing Control Market by Technology
9.2.5.5.2 Russia Gesture Sensing Control Market by Application
9.2.5.6 Rest of Europe Gesture Sensing Control Market
9.2.5.6.1 Rest of Europe Gesture Sensing Control Market by Technology
9.2.5.6.2 Rest of Europe Gesture Sensing Control Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Gesture Sensing Control Market Overview
9.3.2 Asia-Pacific Gesture Sensing Control Market Forecasts and Analysis
9.3.3 Asia-Pacific Gesture Sensing Control Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Gesture Sensing Control Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Gesture Sensing Control Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Gesture Sensing Control Market
9.3.5.1.1 Australia Gesture Sensing Control Market by Technology
9.3.5.1.2 Australia Gesture Sensing Control Market by Application
9.3.5.2 China Gesture Sensing Control Market
9.3.5.2.1 China Gesture Sensing Control Market by Technology
9.3.5.2.2 China Gesture Sensing Control Market by Application
9.3.5.3 India Gesture Sensing Control Market
9.3.5.3.1 India Gesture Sensing Control Market by Technology
9.3.5.3.2 India Gesture Sensing Control Market by Application
9.3.5.4 Japan Gesture Sensing Control Market
9.3.5.4.1 Japan Gesture Sensing Control Market by Technology
9.3.5.4.2 Japan Gesture Sensing Control Market by Application
9.3.5.5 South Korea Gesture Sensing Control Market
9.3.5.5.1 South Korea Gesture Sensing Control Market by Technology
9.3.5.5.2 South Korea Gesture Sensing Control Market by Application
9.3.5.6 Rest of Asia-Pacific Gesture Sensing Control Market
9.3.5.6.1 Rest of Asia-Pacific Gesture Sensing Control Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Gesture Sensing Control Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Gesture Sensing Control Market Overview
9.4.2 Middle East and Africa Gesture Sensing Control Market Forecasts and Analysis
9.4.3 Middle East and Africa Gesture Sensing Control Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Gesture Sensing Control Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Gesture Sensing Control Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Gesture Sensing Control Market
9.4.5.1.1 South Africa Gesture Sensing Control Market by Technology
9.4.5.1.2 South Africa Gesture Sensing Control Market by Application
9.4.5.2 Saudi Arabia Gesture Sensing Control Market
9.4.5.2.1 Saudi Arabia Gesture Sensing Control Market by Technology
9.4.5.2.2 Saudi Arabia Gesture Sensing Control Market by Application
9.4.5.3 U.A.E Gesture Sensing Control Market
9.4.5.3.1 U.A.E Gesture Sensing Control Market by Technology
9.4.5.3.2 U.A.E Gesture Sensing Control Market by Application
9.4.5.4 Rest of Middle East and Africa Gesture Sensing Control Market
9.4.5.4.1 Rest of Middle East and Africa Gesture Sensing Control Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Gesture Sensing Control Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Gesture Sensing Control Market Overview
9.5.2 South and Central America Gesture Sensing Control Market Forecasts and Analysis
9.5.3 South and Central America Gesture Sensing Control Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Gesture Sensing Control Market Forecasts and Analysis - By Application
9.5.5 South and Central America Gesture Sensing Control Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Gesture Sensing Control Market
9.5.5.1.1 Brazil Gesture Sensing Control Market by Technology
9.5.5.1.2 Brazil Gesture Sensing Control Market by Application
9.5.5.2 Argentina Gesture Sensing Control Market
9.5.5.2.1 Argentina Gesture Sensing Control Market by Technology
9.5.5.2.2 Argentina Gesture Sensing Control Market by Application
9.5.5.3 Rest of South and Central America Gesture Sensing Control Market
9.5.5.3.1 Rest of South and Central America Gesture Sensing Control Market by Technology
9.5.5.3.2 Rest of South and Central America Gesture Sensing Control Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. GESTURE SENSING CONTROL MARKET, KEY COMPANY PROFILES
11.1. COGNITEC SYSTEMS GMBH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. APPLIED MICRO
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ANALOG DEVICES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MOTOROLA
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. AMD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CEVA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. EYESIGHT MOBILE TECHNOLOGIES LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MICROSOFT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. GOOGLE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. GESTURETEK TECHNOLOGIES INC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Cognitec Systems GmbH
2. Applied Micro
3. Analog Devices
4. Motorola
5. AMD
6. Ceva
7. eyeSight Mobile Technologies Ltd.
8. Microsoft
9. Google
10. GestureTek Technologies Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.