Latin America Touchless Sensing Market

Touchless sensing is technology which facilitates to interact with the functioning of a device without a physical contact or need of touch. The two major markets of touchless sensing are touchless sanitary equipment, and touchless biometric. The touchless sanitary equipment market consists of major products like touchless faucets, soap dispensers, trash cans, hand dryers, paper towel dispenser, and flushes. The touchless biometric market consists of mainly face, iris, voice, and touchless fingerprint biometrics.

Touchless sensing technology is quite popular in Latin America. In the future, there are good expectations for touchless sensing like Biometrics-enabled ATMs. The major leading countries in this region are Brazil and Argentina. The Brazil market is expected to grow at steady rate owing to a healthy economy, thereby having a higher acceptance rate for niche technologies.

The key players in this market segment are Cognitec Systems GmbH (Germany), Cross Match Technologies (U.S.), Elliptic labs (Norway), ESPROS Photonics Corporation (Switzerland), Eyesight Tech (Israel), Irisguard Inc (U.K.), MorphoTrak (U.S.), PointGrab Limited (Israel), Thalmic Labs Inc.

Customization Options:

Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:

Product Analysis

• Usage pattern of products in touchless sanitary equipment and touchless biometric market
• Product Matrix which gives a detailed comparison of product portfolio of each company mapped in Latin America
• End-user Adoption rate analysis of the products segment wise

Technology Specific

• Usage pattern of touchless sensing technologies: Infrared and Capacitive in Latin America
• Revenue and Shipment data of torque sensors segmented on the basis of Technology

Competitive Analysis

• Product specific and region specific market share analysis of top players
• Key developments of each top player that affect the market dynamics

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