Driver State Monitoring Systems Market: 2018 Global Industry Size, Key Players Analysis - Aptiv, Continental, Tobii, Visteon, Aisin Seiki, Denso, Ficosa, Harman, Caterpillar, Takata, Bosch, Valeo, Seeing MACHINE, Edge3, and Xilinx To 2023

Driver State Monitoring Systems Market Report 2018 expands Global Driver State Monitoring Systems Market with Global Upcoming Opportunities, Industry Share, Size, and Competitive Analysis with Forecast to 2023. Global Driver State Monitoring Systems Market Key Players Analyzed In Report Are Aptiv (U.K), Continental AG (Germany), Tobii Technology (Sweden), Visteon Corporation (U.S.), Aisin Seiki Corporation Limited (Japan), and Denso Corporation (Japan). Ficosa International SA (Portugal), Harman International Industries Inc. (U.S.), Caterpillar Inc. (U.S.), Takata Corporation (Japan), Robert Bosch (Germany), Valeo (France), Seeing MACHINE (Australia), Edge3 (U.S.), and Xilinx (U.S.).

Global Automotive Driver State Monitoring Systems Market by Technology (Heart Rate Monitoring, Facial Recognition and Others), Component (Sensors, Camera, Crash Resistant Steel Cabins), by Vehicle Type (Passenger & Commercial Vehicle) Forecast till 2023.

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Market Scenario:

There have been various technologies adopted by the auto manufacturers to increase the safety of the driver.  Meanwhile, the increase in the safety demand for the driver is expected to drive the growth of driver state monitoring system during the forecast period. Therefore, owing to these factors, along with the emerging trend of understanding and adjusting to the driving conditions, vehicles are focusing on streaming data to drivers. The automotive driver state monitoring system market is expected to expand at the CAGR of 10.04% during the period 2017 to 2023.

Market Dynamics:

In terms of technology, facial recognition/ head movement segment accounted for the largest market share of 31.24% in 2016, with a market value of USD 1,123.9 million. The driver face monitoring system (facial expression) refers to a real-time system, which investigates the physical and mental conditions of the driver based on the processing of driver face images. Head movement is indication of awareness of the spatial relationship between the vehicle and surrounding traffic and obstacles. Gross head motion can easily be computed with simple frame differencing or flow computations. Therefore, the facial recognition/ head movement segment in the automotive driver state monitoring system market is estimated to expand at the highest CAGR of 10.60%.

The automotive driver state monitoring systems market is witnessing intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations, as key factors that confront market growth. The vendors compete in terms of cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-efficient and high-quality driver state monitoring systems, to survive and succeed in an intensely competitive market environment.

On the basis of component type, the sensors segment is poised to expand at the fastest pace during the forecast period. The safety monitoring process involves a combination of attributes that are gathered from different sensors, which include video, electrocardiography, temperature, and a three-axis accelerometer, which are assigned as input variables to an inference analysis framework. Therefore, the sensors segment in the automotive driver state monitoring system market is estimated to expand at the highest CAGR of 10.66%.

Market Segmentation:

For the purpose of the study, the global automotive driver state monitoring systems market is segmented into Technology, Component, Vehicle Type, and region.

In terms of Technology, Facial Recognition/ Head Movement segment accounted for the largest market share of 31.24% in 2016, with a market value of USD 1,123.9 million and is projected to witness a CAGR of 10.60% during the forecast period.
On the basis of Component, Sensors accounted for the largest market share of 41.13% in 2016, with a market value of USD 1,711.3 million and are projected to witness a CAGR of 10.66% during the forecast period.
In terms of Vehicle Type, Passenger Car segment accounted for the larger market share of 53.63% in 2016, with a market value of USD 1,932.5 million and is projected to expand at the highest CAGR of 9.60% during the forecast period.
Regional Analysis

On the basis of region, the market has been segmented into the following regions, namely North America, Europe, Asia Pacific, and Middle East & Africa. In North America region, the purchasing power of people is high. Owing to this, the North America region will be the major revenue contributor in the driver state monitoring systems market. The rise in number of on-road accidents caused by driver drowsiness and distraction is also driving the market. The other factors driving the market are the growth of automotive industry, the introduction of stricter regulations, which mandate the use of electronic log devices for tracking the vehicle driving time.

Major Table Of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued…

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