Market Size – USD 1.06 Billion in 2019, Market Growth - CAGR of 10.6%, Market Trends – Growing demand for in-vehicle driver monitoring solutions.
The Global Driver Monitoring Systems Market report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Rise in demand for road safety for the automotive pertaining to driver activeness, and stringent government regulations related to driver monitoring will drive the Driver Monitoring Systems market.
Higher usage of the components like camera and sensors which monitor the alertness of the driver as well as checks his or her level of vigilance, health, current state and warns the driver a signs of drowsiness or distraction is monitored, are the primary growth propellers for this market. Additionally, growing usage of DMS for driver identification and control functions using the eyes will contribute to more safety and better intuitive use of the new generation of driver assistance functions and help grow the market remarkably.
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Our team of experts has performed a detailed analysis of the most vital elements of the drone delivery service market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors likely to influence its growth over the forecast duration.
Top Key Companies are :
- Key players in the market include Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso, among others.
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.
- In January 2019, Eyesight Technologies, a company dealing in the AI computer vision, demonstrated its Driver Sense technology. This solution was awarded the Excellence award for promoting trade relations between Israel and Japan.
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
- 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
Covid impact analysis:
The latest report is the first study encompassing the current Driver Monitoring Systems Market situation with respect to the COVID-19 outbreak. Since the advent of the outbreak, the global economic landscape has been grappling with adverse financial consequences. The report analyzes the drastic impact of the pandemic on this business sphere. The pandemic has affected nearly all segments of the Driver Monitoring Systems Market . It has further hampered the developmental scope of various manufacturers and buyers engaged in this sector. Thus, the report studies the industry’s shifting dynamics to scrutinize the profits earned or loss suffered by different segment
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Regional Overview:
The global Driver Monitoring Systems Market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Driver Monitoring Systems Market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
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Global Driver Monitoring Systems Market Report - Table of contents:
- Chapter 1 includes the global Driver Monitoring Systems Market introduction, followed by an overview of the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 offers an exhaustive study of the key manufacturers of the Driver Monitoring Systems Market , along with their anticipated sales and revenue shares.
- Chapter 3 elaborates on the competitive outlook of the Driver Monitoring Systems Market , focusing on the major manufacturers and vendor landscape.
- Chapter 4 entails a broad market segmentation based on region and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapters 5, 6, 7, 8, and 9 continue with market segmentation based on product type, application range, and market players.
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