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Global Fingerprint Sensor Market – Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Semiconductors and Electronics
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Fingerprint Sensor Market, By Type (Swipe Sensors, Materials Used in Fingerprint Sensors and Area and Touch Sensors), Technology (Capacitive, Optical, Thermal and Others) Application (Consumer Electronics, Travel and Immigration, Government and Law Enforcement, Military, Defense and Aerospace, Banking and Finance, Commercial Security, Healthcare, Smart Homes and Other Applications) – Industry Trends and Forecast to 2029.

Fingerprint Sensor Market

Global Fingerprint Sensor Market Analysis and Size

Fingerprint sensors are increasingly being used for a range of purposes owing to the improved security quotient offered by them. Rising number of small and medium scale end users are increasingly understanding the importance of fingerprint sensors. Goodix (China), Fingerprint Cards AB (Sweden), Synaptics (US), Apple Inc. (US) and SAMSUNG (South Korea) are the some major players operating in this market.

  • Data Bridge Market Research analyses that the fingerprint sensor market value, which was USD 3.50 billion in 2021, is expected to reach the value of USD 11.41 billion by 2029, at a CAGR of 15.92% during the forecast period. "Area and Touch Sensors" accounts for the largest type segment in the fingerprint sensor market as these sensors offer a high degree of convenience and accuracy.

Global Fingerprint Sensor Market Definition

From the name itself, it is clear that fingerprint sensors is an advanced security system that is based on the biometrics principle to grant access to a document, file, infrastructural facility and others. Fingerprint sensors are manufactured using different materials and can be easily integrated into a range of devices such as mobile phones, tablets, smart watches, laptops and so on. 

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Swipe Sensors, Materials Used in Fingerprint Sensors and Area and Touch Sensors), Technology (Capacitive, Optical, Thermal and Others) Application (Consumer Electronics, Travel and Immigration, Government and Law Enforcement, Military, Defense and Aerospace, Banking and Finance, Commercial Security, Healthcare, Smart Homes and Other Applications)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Goodix (China), Fingerprint Cards AB (Sweden), Synaptics (US), Apple Inc. (US), Egis Technology (Taiwan), Crucialtec (South Korea), Next Biometrics (Norway), Novatek Microelectronics (Taiwan), Qualcomm Technologies , Inc. (US), Q Technology (China)., CMOS Sensor Inc. (US), ELAN Microelectonics (Taiwan), Focaltech (China), ID3 Technologies (France), IDEX Biometrics (Norway), Japan Display Inc. (Japan), OXI Technology (China), Sonavation Inc. (US), Touch Biometrix (UK) and Vkansee (US)

Market Opportunities

  • Growth in penetration rate of smartphones
  • Rising personal disposable income   
  • Rising research and development opportunities

Global Fingerprint Sensor Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

  • Growth in investment for research and development to carve way for innovations

The rising number of strategic market collaborations has led to the rise in funds to be allocated for the growth and development of advanced and automated technology/ machinery. Further, growth in the level of investment for research and development proficiencies would carve the way for innovations in manufacturing technology.      

  • Increased proliferation of electronics globally to induce greater demand and supply in emerging nations  

Growing proliferation and penetration of consumer electronics is one of the major factors fostering the growth of the market. In other words, increased demand and availability of smartphones, tablets, laptops, televisions kiosks and large interactive screens is directly influencing the growth rate of the market.     

  • Growth and expansion of end user verticals to present numerous opportunities for small scale businesses

Owing to the global economic rise, there is a huge scope of growth for the semiconductors and electronics industry. There is an increased focus of the major manufacturers on the application of advanced technologies which will widen the scope of growth.   

Rising urbanization, modernization, and globalization drive market value growth. Surging cyber threats and concerns related to security breaches, increasing advancement in the technology to improve the functioning of fingerprint sensors, and increased e-commerce industry's proliferation are other market growth determinants. Furthermore, advancements in manufacturing technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, rising demand for the application of fingerprint sensors in internet of things (IoT) will further expand the future growth of the market. 

  • Increased number of regulations to limit the scope of growth in the long run

Rising enforcement of stringent environmental regulations imposed on the industries will create hindrances for the growth of the market. Also, stringent regulations on product approvals will narrow down the scope of growth for the market. Further, suspension of business activity on account of the coronavirus pandemic will yet again create hindrances.    

  • Supply chain disruptions will pose a threat to the unprecedentedly growing market demand

With the rising number of restrictions around the globe due to pandemic, there has been a hit in the demand and supply of display materials. Also, fluctuations in the prices of raw materials will prove to be a demerit for the market. Therefore, this will challenge the market growth rate.    

Also, dearth of awareness in underdeveloped regions and high costs associated with manufacturing activities will act as growth restraints for the market. Lack of strong infrastructural facilities in the backward economies and complexities involved in the integration of devices with this technology will also challenge the market growth rate.

This fingerprint sensor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fingerprint sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Fingerprint Sensor Market

The recent outbreak of coronavirus has proven to be a bane for the market. The pandemic has led to the suspension of business activity on account of the coronavirus pandemic and has resulted in disruptions in global supply chains, border restrictions, and travel restrictions by government bodies. The market growth rate saw a slowdown owing to the stringent measures taken up to curb the commercial activities.  Due to lockdown in place, major smartphone companies such as Samsung, Oppo, Vivo, and Xiaomi, had halted the production of smartphones for more than 30 days. However, the market is expected to witness a boom post relaxations globally and stringent government rules and regulations pertaining to driving.

Recent Developments

  • August 2021- iQOO 8 announced the launch of its ultrasonic fingerprint sensor in China. These fingerprint sensors work in the smartphone even when users are using their smartphones with wet hands.
  • January 2021 - Qualcomm announced the launch of the second-generation in-display fingerprint sensor. The 3DSonic Gen 2 offers a larger surface area for the sensor as well as faster processing. The product is 50% faster and 77% larger than the first-generation sensor.

Global Fingerprint Sensor Market Scope

The fingerprint sensor market is segmented on the basis of type, technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Swipe Sensors
  • Materials Used in Fingerprint Sensors
  • Area and Touch Sensors

On the basis of type, the fingerprint sensor market is segmented into swipe sensors, materials used in fingerprint sensors, area and touch sensors. The materials used in fingerprint sensors segmented can be further sub-segmented into pyroelectric material, coating material, pizeoelectric material and adhesives.

Technology

  • Capacitive
  • Optical
  • Thermal
  • Others

On the basis of technology, the fingerprint sensor market is segmented into capacitive, optical, thermal and others.

Application

  • Consumer Electronics
  • Travel and Immigration
  • Government and Law Enforcement
  • Military
  • Defense and Aerospace
  • Banking and Finance
  • Commercial Security
  • Healthcare
  • Smart Homes
  • Other Applications

On the basis of application, the market is segmented into consumer electronics, travel and immigration, government and law enforcement, military, defense and aerospace, banking and finance, commercial security, healthcare, smart homes, other applications.

Fingerprint Sensor Market Regional Analysis/Insights

The fingerprint sensor market is analysed and market size insights and trends are provided by country, type, technology and application as referenced above.

The countries covered in the fingerprint sensor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific region is the largest contributor in terms of market revenue owing to the prevalence of key major players in this region. The cost-effective benefits offered by the same are the reason for high demand for fingerprint sensors in the region. Ever-increasing demand for fingerprint sensors in the smart phones. The developing countries in this region are witnessing high rate of smartphones penetration and thus, this in turn is positively impacting the fingerprint sensor market.  

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Fingerprint Sensor Market Share Analysis

The fingerprint sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fingerprint sensor market.

Some of the major players operating in the fingerprint sensor market are:

  • Goodix (China)
  • Fingerprint Cards AB (Sweden)
  • Synaptics (US)
  • Apple Inc. (US)
  • Egis Technology (Taiwan)
  • Crucialtec (South Korea)
  • Next Biometrics (Norway)
  • Novatek Microelectronics (Taiwan)
  • Qualcomm Technologies , Inc. (US)
  • Q Technology (China).
  • CMOS Sensor Inc. (US)
  • ELAN Microelectonics (Taiwan)
  • Focaltech (China)
  • ID3 Technologies (France)
  • IDEX Biometrics (Norway)
  • Japan Display Inc. (Japan)
  • OXI Technology (China)
  • Sonavation Inc. (US)
  • Touch Biometrix (UK)
  • Vkansee (US)

Research Methodology : Global Fingerprint Sensor Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.

To know more about the research methodology, drop in an inquiry to speak to our industry experts 

https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-fingerprint-sensor-market


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Frequently Asked Questions

The Fingerprint Sensor Market will be projected at USD 11.41 billion during the forecast by 2029.
The Fingerprint Sensor Market is Projected to Grow at a CAGR of 15.92% During the Forecast Period of 2022 to 2029.
Goodix (China), Fingerprint Cards AB (Sweden), Synaptics (US), Apple Inc. (US), Egis Technology (Taiwan), Crucialtec (South Korea), Next Biometrics (Norway), Novatek Microelectronics (Taiwan), Qualcomm Technologies , Inc. (US), Q Technology (China)., CMOS Sensor Inc. (US), ELAN Microelectonics (Taiwan), Focaltech (China), ID3 Technologies (France), IDEX Biometrics (Norway), Japan Display Inc. (Japan), OXI Technology (China), Sonavation Inc. (US), Touch Biometrix (UK) and Vkansee (US) are the major companies Operating in Fingerprint Sensor Market.
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Fingerprint Sensor Market Report Curated by the Data Bridge Market Research Team Includes In-Depth Expert Analysis, Patient Epidemiology, Pipeline Analysis, Pricing Analysis, and Regulatory Framework.