Driver Safety Market Analysis 2018 By Global Automotive Industry Size, Trends, Share, Growth, And Region

Driver Safety Market Analysis 2018 To 2022 by Type (Driver Alertness Detection System, Vehicle-to-Vehicle Communication, Electronic Stability Control (ESC), Eye-Tracking/Blink-Monitoring, Pressure/Angle Steering Sensor, Lane Departure Warning, and Others), by Vehicle Type (Passenger, and Commercial), and by Region - Forecast to 2022.

Global Driver Safety Market Key Players Analyzed In Report:

The key players of Global Driver safety Market report include- Denso Corporation, Robert Bosch GmbH, Continental AG, Magna International Inc., Valeo S.A., Tobii AB, Seeing Machines, Infineon Technologies AG, Optalert PTY Ltd, and Smart Eye AB.     

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Market Overview:

Stringent regulations from government regarding driver’s safety and growing concerns regarding road accidents have surge the demand for the driver safety technologies. Increasing road accident have made the manufacturer to work on the automotive safety & technologies to prevent the accidents. With the introduction of new technologies such as driver alertness detection system, electronic stability control (ESC), and others has contributed in the growth of the driver safety market. These technologies tackles the safety issues and various causes such as driver’s distraction caused by tiredness and drowsiness and have helped to lower down the road accidents in the recent times.

Moreover, Truck drivers who are only permitted to drive in the dark night and involves dangerous route. These factors significantly contribute to driver fatigue and distraction which can result in accidents hence in turn is expected to increase the demand for driver fatigue and distraction monitoring systems amongst the commercial vehicles. The global driver safety market is expected to show a growth at CAGR of about XX% from 2016 to 2022.

Regional Analysis:

The regional segmentation of the global driver safety market segments the market into continent-based regional markets called North America, Europe, Asia Pacific, and the rest of the world (RoW). During the forecast period, the Asia Pacific region is expected to rise as the dominating regional market in the global driver safety market during the forecast period. In the region, the market is being driven by factors including increasing competition in the automotive industries, increasing adoption of safety features, and an increase in government regulations regarding safety. In this region, the most important country-specific markets are China, India, and Japan, followed by the rest of the Asia Pacific region.

Markets in North America and Europe are expected to show the static growth because the driver safety market has already been established in these regions due to safety awareness, strict traffic rules, and concerns for the road safety. In North America, due to technological advancement, many advanced cars with elaborate driver security system are available in the market. Many key players in this market are also based in the United States of America (USA) which is the strongest economy in North America. Support from the government also helps car manufacturers to develop driver security technologies. Other important country-based markets in North America are Canada and Mexico. During the forecast period, Europe is expected to emerge as the third largest market.  Germany is the biggest country-specific market in this region due to increase safety concern for the driver and passenger. Other important country-specific markets in this region are France, Spain, and the United Kingdom (UK), followed by the rest of Europe.

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List Of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 INDUSTRY CHAIN STRUCTURE OF DRIVER SAFETY MARKET

FIGURE 4 MANUFACTURING COST STRUCTURE OF DRIVER SAFETY

FIGURE 5 GLOBAL DRIVER SAFETY MARKET SALES SHARE, BY PRODUCT, 2016 (IN %)

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