An analysis of the automotive industry in the world

Bring fact-checked results to the top of your browser search. The modern industry The modern automotive industry is huge. In the United States it is the largest single manufacturing enterprise in terms of total value of products, value added by manufacture, and number of wage earners employed. For other countries these proportions are somewhat smaller, but Japan, South Koreaand the countries of western Europe have been rapidly approaching the level in the United States.

An analysis of the automotive industry in the world

Gesture recognition is the conversion of a hominid movement or gesture using a mathematical algorithm and enables any person to interrelate with the machine in the absence of any physical devices, as an input mechanism to perform desired actions in a system.

The technology co-relates human gestures and movements, such as movement of hands, fingers, arms, head or an entire body.

An analysis of the automotive industry in the world

It allows the user to operate and control devices merely with their movements. For instance, moving the cursor just by pointing a finger. This makes input devices such as touch-screens, keyboards, and mouse redundant. Gesture recognition technology has improved the usability of several devices and has occasioned in the progression of many innovative applications in various industries.

Hand gesture recognition is one of the advanced research fields which provides a way for human-machine interaction. Hand gesture recognition offers an intelligent method for human-computer interaction HCI. Its application ranges from medical rehabilitation to consumer electronics control.

This report analyzes the Automotive industry including global risks, market value, strengths and weaknesses, latest trends and recent evolutions. Simulation-driven design for product engineering The goal is to build a successful product. Exa gets you there faster. Exa's simulation and visualization software predicts the real world performance of products early in the design process. Industry & Analysis (I&A) staff of industry, trade and economic analysts devise and implement international trade and investment strategies to strengthen the global competitiveness of U.S. industries.

Different types of sensing techniques are used to identify various hand gestures. The sensing techniques are used to obtain multiple signals for the pattern recognition.

An analysis of the automotive industry in the world

Different kinds of prototypes developed are easy to use and understand, and it is more cost-effective than the traditional interface devices such as the keyboard and the mouse. Hand gestures are very expressive with the purpose of interacting with the environment or communicating any information.

The high competition is leading to a large number of mergers and acquisitions in the industry.

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For instance, Intel Corp. The key players in the market include Apple, Intel, Microsoft, and Google. Along with global giants, the homegrown players are also showing tremendous growth and attracting big investors.

This scenario has taken the competition to a whole different level. Industry Insights Increasing digitization across various industries is driving the market. Ease of adoption due to low technical complexity for end users has made consumer electronics industry to gain highest market share.

Many other industries also started using this technology. For instance, automotive industry, healthcare industry rigorously adopted to gesture recognition technology. This technology helps user to interact with computers and other devices with ease and enhances human-machine interaction.

It is also useful for physically disabled people in order to operate devices. The technological advancement and ease of use have gained gesture recognition technology global acceptance. The increase in awareness about regulations and driver safety has increased the demand for gesture recognition systems in the automobile industry.IHS Automotive Component Forecasts and Analysis provide automotive suppliers and OEMs with timely and reliable component market data and forecasts.

Discover all statistics and data on U.S. Automotive Industry now on! The Industry Handbook: The Internet Industry Similar to the invention of the airplane, the emergence of automobiles has had a profound effect on our everyday lives.


The auto manufacturing industry is considered to be highly capital and labor intensive. Access analysis of the economy outlook, political situations, business environments and sectors within countries worldwide from The Economist Intelligence Unit for free on The latest news, analysis, research and events from Automotive World, the world's leading independent automotive publishing and events company.

Car reviews and auto industry analysis by Neil Winton at Wintons World. Dedicated to the truth about cars and the global automotive industry in general.

Global Automotive Industry Report | Economic Research