The Global Driver Monitoring Systems Market is projected to reach USD 2.39 billion in 2027. The continual development in automotive electronics sensors application and technology, the rising concern for road accidents, increasing demand of automation in automobiles, and drivers’ consistency while in long journey for the commercial vehicles especially are boosting the demand of Driver Monitoring Systems market.
The need for driver monitoring is rising not only in the passenger vehicle segment but also in the commercial vehicle segment, wherein challenges are more significant as compared with the passenger segment. Apart from all of the above-mentioned concerns, drivers are also working long hours, many a time more than what is advised or specified.
COVID-19 pandemic and its impact on the Driver Monitoring Systems market and key segments is considered as a key contributor while formulating the market report. The report covers the present and future impact of the pandemic and offers a revenue estimation and a futuristic outlook of the market growth in a post-COVID-19 scenario. The report presents an extensive analysis of the emerging trends of the market and dynamic changes in the demand and supply chains.
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Further key findings from the report suggest
- An Israel based company called Eyesight Technologies makes use of embedded computer vision and artificial intelligence (AI) solutions in order to provide the driver monitoring capabilities. The company`s driver monitoring solutions called ‘Drive Sense’ tracks down the head position of the driver, eye blink rate, gaze vector, and other visual attributes in order to detect distraction or any signs of drowsiness of the driver.
- The driver monitoring system (DMS) market is anticipated to register significant growth in the Asia Pacific region. The increasing incidence of road accidents and rise in the popularity and demand for luxury cars are expected to generate new opportunities in the Asia Pacific market. Moreover, the technological developments in automobile ambitious countries such as Japan, India and China would foster the demand for driver monitoring system (DMS) in the region.
- Key players in the market include Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso, among others.
Market Segmentation:
For the purpose of this report, Emergen Research has segmented into the global Driver Monitoring Systems Market on the basis of Monitoring Type, Component, Propulsion, Instrument, Vehicle Type, and region:
- Monitoring Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Driver State Monitoring
- Drowsiness & Fatigue Monitoring
- Drunk Driving Monitoring
- Driver Alertness monitoring
- Identity recognition monitoring
- Other Driver state monitoring
- Driver Health monitoring
- Blood pressure monitoring
- Body temperature monitoring
- Pulse rate monitoring
- Heart beat monitoring
- Other Driver health monitoring
- Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Interior Camera
- Sensors
- Biometric Sensors
- Gas Sensors
- Pressure Mats
- Steering Angle sensors
- Other Sensors
- Other Components
- Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Electric Vehicles
- Battery Electric Vehicle
- Fuel Cell Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Gasoline Powered
- Electric Vehicles
- Instrument Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Software
- Hardware
- Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Commercial vehicle
- Passenger vehicle
- Driver State Monitoring
Regions Covered in This Report:
- North America(U.S., Mexico, and Canada)
- Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
- Europe(U.K., Germany, France, and Rest of Europe)
- Latin America(Brazil and Rest of Latin America)
- Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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Exhaustive Analysis of the Competitive Landscape of the Global Driver Monitoring Systems Market:
- The global Driver Monitoring Systems market report zeroes in on the overall competitive scope of this industry vertical.
- The study provides detailed product information, alongside their specifications and prime applications.
- The study entails various pricing models and profit returns accrued, outlined by the key contenders across the market.
- The report enlists a wide array of strategic initiatives, for example, recent business deals, collaborations, joint ventures, mergers & acquisitions, product launches, and technological upgradation.
- The inference of the report comprises an exhaustive study of the key players of the market.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Driver Monitoring Systems Market Segmentation & Impact Analysis
4.1. Driver Monitoring Systems Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising Demand for Occupant Safety in Vehicles
4.2.2.2. Increasing Stringency of Safety Regulations in Road
4.2.2.3. Rise in the sales of premium vehicles
4.2.2.4. Rise In Competition Among Automakers To Offer Product Differentiating Factors
4.2.3. Market restraints analysis
4.2.3.1. Cyber security pertaining to automotive software systems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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