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Automotive Driver State Monitoring Systems Industry 2018 Global Market Analysis To 2023 By Size, Share, Trends, And Region
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The key players of Automotive Driver State Monitoring Systems market 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.) are among others.
Market Highlights:
Driver State Monitoring Systems refers to the systems that collect recognizable information about the driver for assessing the capability of driver to perform the driving task safely. The systems are gaining more importance due to the need for understanding and adjusting to the driving conditions. Driver state monitoring systems are majorly custom designed for single purpose application such as distraction detection or drowsiness detection systems.
In case of technology segmentation, Heart Rate is the most important physiological parameter that needs to be monitored as it is a vital indicator of people’s physiological state. Monitoring of heart rate requires the complex application of sensors and sensor systems, which in turn leads to high cost. Researchers are majorly focusing on development of more noncontact based systems which are simple, low-cost and comfortable to use.
In case of vehicle type segmentation, passenger vehicles segment accounts for the majority share of the automotive driver state monitoring systems market. The growth of this segment can be attributed to factors such as the boom in investment for reducing the production cost of driver state monitoring system in passenger cars and high preference for integrating improved technologies. The passenger car driver safety market is driven by the increasing need to improve operator or driver safety in the automotive industry. Increase in competition in automotive industry and the growth in the demand for safety-related systems are expected to boost the demand for driver safety systems during the forecast period.
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.
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