Press release
Automotive Remote Diagnostics Market 2018 To 2022 Analysis: Global Major Players - Valeo, Aptiv, Continental, Tobii, Bosch, Ficosa, Visteon, Aisin Seiki, Denso, Harman, Caterpillar, and Takata
Automotive Remote Diagnostics Market Key Companies Analyzed In Report Are:
The competitive landscape is consolidated by key players profiled by MRFR which include ptiv (U.K), Tobii Technology (Sweden), Aisin Seiki Corporation Limited (Japan), Ficosa International SA (Portugal), Caterpillar Inc. (U.S.), Robert Bosch (Germany), Seeing MACHINE (Australia), Xilinx (U.S.), Visteon Corporation (U.S.), Denso Corporation (Japan), Harman International Industries Inc. (U.S.), Takata Corporation (Japan), Valeo (France), Edge3 (U.S.), and, Continental AG (Germany) among others.
Get Sample Report On Automotive Driver State Monitoring Systems Market Research Report – Forecast to 2023 at: https://www.marketresearchfuture.com/sample_request/5652
Market Synopsis:
Road accident is the leading cause of mortality which has invoked the need for innovation that can enhance vehicle safety. Most of the road accidents occur due to distraction caused by drowsiness and fatigue. The adoption of automotive driver state monitoring systems is a leap towards minimizing the distraction that causes accidents. Market Research Future (MRFR) has revealed in its report that the global automotive driver state monitoring systems market will witness accelerated expansion at 10.04% CAGR during the forecast period 2017 to 2023.
The rising burden of lives lost in road accidents has encouraged the governments to promote the adoption of driver monitoring systems which is expected to propel the market growth throughout the assessment period. The manufacturers have introduced innovations and advancements in the market such as CCD camera for the expansion of their product lines which will lead the market growth and expansion over the next few years. Other factors contributing towards the accelerating momentum of market growth are increased research & development activities, awareness about the benefits of the product, cost-efficiency, etc.
Market Segmentation:
By technology, the global automotive driver state monitoring systems market is segmented into heart rate monitoring, facial recognition/ head movement, blink monitoring, steering angle sensor & lane departure warning, and, pre-collision system. The facial recognition/ head movement segment captivated the most significant market share accounting for 31.24% of the market size in 2016 and was valued at USD 1,123.9 Mn. It will witness a boom and will grow at a CAGR of 10.60% across the forecast period.
By component, the global market for automotive driver state monitoring systems has been segmented into sensors, camera, crash restraints steel cabin, and, others. The sensors segment garnered 41.13% of market share in 2016, with a market value of USD 1,711.3 Mn. It will continue its dominance throughout the assessment period growing at a CAGR of 10.66%.
By Vehicle type, the market is segmented into passenger car, and, commercial vehicle. The passenger car segment captured a market share of 53.63% in 2016 and will thrive saliently across the projection period at 9.6% CAGR. The market segment was valued at USD 1,932.5 Mn in 2016.
Regional Analysis:
By region, the global automotive driver state monitoring systems market is segmented into North America, Europe, Asia Pacific, and Middle East & Africa. North America will account for the largest market share globally due to vehicle safety law enforcement by the governments. The new legislation passed by U.S. Federal Motor Carrier Safety Administration mandates the use of log devices by fleet operators to keep a check on the number of hours spent on driving which is one of the key drivers of market expansion in the region.
Europe market will witness expansion throughout the assessment period which can be ascribed to the developed and booming automotive sector of the region. The region acts as a catalyst to the global market growth due to the presence of developed and technologically advanced economies such as the U.K., Germany, etc. Asia Pacific holds tremendous potential for showing a steep rise in the growth curve. The bullish trend in the automotive market will fuel demand in the region across the projection period. Middle East & Africa market will account for the least share and will grow steadily during the forecast period.
The presence of global, regional, and, local vendors striving to garner more market share and control represents the intense competition prevailing in the market. The growth strategies devised by the players for gaining prominence in the market include cost-efficient product development, expansion of product line, technological advancements, innovation, acquisitions & mergers, etc.
Industry Developments:
The pioneer in Artificial Emotional Intelligence (Emotion AI), Affectiva, announced the launch of Affectiva Automotive AI. It will help in building advanced automotive driver state monitoring systems.
eyeSight Technologies, a leader in providing embedded computer visionandAI solutions, has partnered with Soling Industrial Co., a Shenzen based enterprise. The partnership will revolutionize the Chinese automotive market with the introduction of next-gen driver state monitoring systems.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 TECHNOLOGICAL TRENDS: BY REGION
TABLE 4 TECHNOLOGICAL TRENDS: BY COMPETIORS
TABLE 5 GLOBAL AUTOMOTIVE DRIVER STATE MONITORING SYSTEMS MARKET, BY TECHNOLOGY, 2014-2023 (USD MILLION)
TABLE 6 GLOBAL AUTOMOTIVE DRIVER STATE MONITORING SYSTEMS MARKET, BY COMPONENT, 2014-2023 (USD MILLION)
TABLE 7 GLOBAL AUTOMOTIVE DRIVER STATE MONITORING SYSTEMS MARKET, BY VEHICLE TYPE, 2014-2023 (USD MILLION)
TABLE 8 GLOBAL AUTOMOTIVE DRIVER STATE MONITORING SYSTEMS MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 9 AMERICAS: AUTOMOTIVE DRIVER STATE MONITORING SYSTEMS MARKET, BY REGION, 2014-2023 (USD MILLION)
TABLE 10 AMERICAS: AUTOMOTIVE DRIVER STATE MONITORING SYSTEMS MARKET, BY TECHNOLOGY, 2014-2023 (USD MILLION)
Continued…
For more details on this report visit: https://www.marketresearchfuture.com/reports/automotive-driver-state-monitoring-systems-market-5652
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
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+1 646 845 9312
Email: sales@marketresearchfuture.com
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