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The global Fingerprint Biometrics Machine market was valued at 120 Million USD in 2021 and will grow with a CAGR of 4.05% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Fingerprint biometrics machine is a security identification and authentication device through fingerprint recognition. In this report, fingerprint biometrics machines include single finger and multi-finger, in applications such as government, banking and finance, travel and migration, criminal and others.As for the global fingerprint biometrics machine industry, the industry structure is relatively dispensable. The top three manufacturers have 16.30% revenue market share in 2015. The France giant Safran, which has 7.32% market share in 2015, is the leader in the fingerprint biometrics machine industry. The manufacturers following Safran are 3M Cogent and Crossmatch, which respectively has 4.91% and 4.07% market share globally. The ZKTeco is the leader of China fingerprint biometrics machine industry. It sells a total of 3.58 million dollar fingerprint biometrics machine products in the year of 2015. The downstream industries of fingerprint biometrics machine products are government, banking and finance, travel, migration and criminal. In the recent years, with the rising awareness of security, the enlargement of commercial spending and unsolved high rate of criminal, the consumption increase of fingerprint biometrics machine will be obvious. There is a huge potential need for the fingerprint biometrics machine. In the foreseeable future, the fingerprint biometrics machine products will show an optimistic upward trend. Although sales of fingerprint biometrics machine products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the fingerprint biometrics machine field hastily.
By Market Verdors:
Safran
3M Cogent
Crossmatch
Suprema
HID Global
NEC
Dermalog Identification Systems
M2SYS Technology
Northrop Grumman
Green Bit
Bio-key
ZKTeco
Integrated Biometrics
By Types:
Single Finger
Multi Finger
By Applications:
Government
Banking and Finance
Travel and Migration
Criminal
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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