Driver Monitoring Systems Market Size Worth USD 2.39 Billion By 2027, Market Trends – Growing demand for in-vehicle driver monitoring solutions

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Driver Monitoring Systems Market Size Worth USD 2.39 Billion By 2027, Market Trends – Growing demand for in-vehicle driver monitoring solutions

April 06
20:12 2021
The global Driver Monitoring Systems Market size was valued at USD 1.06 billion in 2019 and is anticipated to reach USD 2.39 billion by 2027 at a CAGR of 10.6%.

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.

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.

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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 section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Driver Monitoring Systems market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others

Leading companies profiled in the report are: Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso, among others.

Market Overview:

The report bifurcates the Driver Monitoring Systems market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

  • Monitoring Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Driver State Monitoring
      1. Drowsiness & Fatigue Monitoring
      2. Drunk Driving Monitoring
      3. Driver Alertness monitoring
      4. Identity recognition monitoring
      5. Other Driver state monitoring
    • Driver Health monitoring
      1. Blood pressure monitoring
      2. Body temperature monitoring
      3. Pulse rate monitoring
      4. Heart beat monitoring
      5. Other Driver health monitoring
  • Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Interior Camera
    • Sensors
      1. Biometric Sensors
      2. Gas Sensors
      3. Pressure Mats
      4. Steering Angle sensors
      5. Other Sensors
    • Other Components
  • Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Electric Vehicles
      1. Battery Electric Vehicle
      2. Fuel Cell Electric Vehicle
      3. Hybrid Electric Vehicle
      4. 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

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Key Reasons to Buy This Report:

  • The report presents a thorough examination of the Driver Monitoring Systems market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
  • The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
  • The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
  • The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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