The Asian Touchless Sensing Market report defines and segments the touchless sensing market in Asia with analysis and forecast of revenue. This market is expected to reach $1,596.4 million by 2018, at a CAGR of 29.4% from 2013 to 2018. Key Players in the Asian Touchless Sensing Market are Cognitec Systems GmbH (Germany), Cross Match Technologies (U.S.), Elliptic labs (Norway), ESPROS Photonics Corporation (Switzerland), Eyesight Tech (Israel)
Browse through the TOC of the Asian Touchless Sensing Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation of this market, and is supported by various tables and figures.
Touchless sensing is a technology that facilitates interaction with a device without the need for physical contact or touch. The two major markets of touchless sensing are touch-less sanitary equipment and touch-less biometric. The touchless sanitary equipment market consists of major products like touchless faucets, soap dispensers, trash cans, hand dryers, paper towel dispensers, and flushes. The touchless biometric market consists of face, iris, voice, and touchless fingerprint biometrics. The touchless biometric market has a much greater market share than the touchless sanitary equipment market in the total touchless sensing market.
The biometrics market in Asia is set to grow with technological advancements, increased awareness about security solutions, and low costs. Biometric identification technology is increasingly being seen as a secure and reliable way to verify a person's identity in Asia, both - in the government and commercial sectors. As organizations become more security-conscious, biometric-based solutions will grow in terms of usage and importance. Asia is the fastest growing region in terms of technology advancement, infrastructure, healthcare, and so on. In countries like China, Japan, and Korea, prime importance is placed on security. There are numerous initiatives that have been taken in these countries for citizen security. In China and Japan, biometric security has been deployed at airports, banks, ATMs, and other government institutes. India pioneered the mega project, UID (Unique identification) or ‘Aadhaar’, for its citizens. Under this project, all citizens will be assigned one unique number for their identity. The Indian government has decided to install Aadhaar-enabled biometric attendance systems (AEBAS) in all central government offices, to be implemented by March 2015.
The Asian touchless sensing markethas been segmented and forecast based on technologies, components, products, and end users. The technology segment of this market comprises face recognition, fingerprint recognition, iris recognition, and voice recognition. On the basis of components, the market has been segmented into faucets, hand dryers, paper towel dispensers, soap dispensers, and trash cans. By products, touchless biometric devices and touchless sanitary equipment make up this market segment. In addition, the market is further segmented and forecast based on end users, namely building/infrastructure, consumer electronics, enterprises, finance & banking, medical, public sector/service, and transportation & logistics.
This report includes market shares and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
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