The Europe Biometric Sensor Market is expected to witness market growth of 19.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Biometric Sensor Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $461.1 million by 2031. The UK market is exhibiting a CAGR of 18.1% during 2024-2031. Additionally, the France market would experience a CAGR of 20.3% during 2024-2031.
Biometric sensors are used in various applications, primarily in areas that demand high levels of security, authentication, and personalized user experiences. One of the earliest and most common applications of biometric sensors has been in the security field. Biometric identification allows for more secure access control systems like those used in airports and corporate offices.
Additionally, fingerprint, facial recognition, and iris scan sensors are increasingly used to secure premises and sensitive areas, replacing traditional security measures like passwords, key cards, and PINs. These sensors help reduce the risk of unauthorized access, fraud, and identity theft. Additionally, biometric surveillance tools, including facial recognition systems, are gaining traction for monitoring large crowds and improving public safety.
The rising growth of high-tech electronics in Europe is significantly influencing the expansion of the biometric sensor market. As the production of high-tech products in the European Union (EU) reached €355 billion in 2022, a notable 10.2% increase from 2021, this growth directly correlates with the increased demand for biometric sensor technologies. Here’s a detailed look at how the high-tech electronics growth in Europe is shaping the biometric sensor market:
The Germany market dominated the Europe Biometric Sensor Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $461.1 million by 2031. The UK market is exhibiting a CAGR of 18.1% during 2024-2031. Additionally, the France market would experience a CAGR of 20.3% during 2024-2031.
Biometric sensors are used in various applications, primarily in areas that demand high levels of security, authentication, and personalized user experiences. One of the earliest and most common applications of biometric sensors has been in the security field. Biometric identification allows for more secure access control systems like those used in airports and corporate offices.
Additionally, fingerprint, facial recognition, and iris scan sensors are increasingly used to secure premises and sensitive areas, replacing traditional security measures like passwords, key cards, and PINs. These sensors help reduce the risk of unauthorized access, fraud, and identity theft. Additionally, biometric surveillance tools, including facial recognition systems, are gaining traction for monitoring large crowds and improving public safety.
The rising growth of high-tech electronics in Europe is significantly influencing the expansion of the biometric sensor market. As the production of high-tech products in the European Union (EU) reached €355 billion in 2022, a notable 10.2% increase from 2021, this growth directly correlates with the increased demand for biometric sensor technologies. Here’s a detailed look at how the high-tech electronics growth in Europe is shaping the biometric sensor market:
List of Key Companies Profiled
- Synaptics Incorporated
- NEC Corporation
- HID Global Corporation (Assa Abloy AB)
- Fujitsu Limited
- 3M Company
- Infineon Technologies AG
- M2SYS Technology, Inc.
- Aware, Inc.
- Thales Group S.A.
- IDEMIA SAS (Advent International, Inc.)
Market Report Segmentation
By Product
- Optical Sensors
- Capacitive Sensors
- Thermal Sensors
- Ultrasound Sensors
- Electric Field Sensors & Other Products
By Application
- Facial Scan
- Finger Scan
- Hand Scan
- Voice Scan
- Iris Scan
- Vein Scan & Other Applications
By End Use
- Consumer Electronics
- Construction
- Defense
- Medical
- BFSI
- Other End Use
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Biometric Sensor Market by Product
Chapter 6. Europe Biometric Sensor Market by Application
Chapter 7. Europe Biometric Sensor Market by End Use
Chapter 8. Europe Biometric Sensor Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Synaptics Incorporated
- NEC Corporation
- HID Global Corporation (Assa Abloy AB)
- Fujitsu Limited
- 3M Company
- Infineon Technologies AG
- M2SYS Technology, Inc.
- Aware, Inc.
- Thales Group S.A.
- IDEMIA SAS (Advent International, Inc.)
Methodology
LOADING...
