Press release
Driver Monitoring Systems Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2027
Driver Monitoring Systems Market
Higher usage of the components like camera and sensors which monitor the alertness of the driver as well as checks his or her level of vigilance, health, current state and warns the driver a signs of drowsiness or distraction is monitored, are the primary growth propellers for this market. Additionally, growing usage of DMS for driver identification and control functions using the eyes will contribute to more safety and better intuitive use of the new generation of driver assistance functions and help grow the market remarkably.
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The research report offers insightful data about both organic and inorganic approaches undertaken by the players in the global Driver Monitoring Systems market. The major companies are working towards fortifying their presence in the market through a series of strategic alliances, product innovations, product launches, and other fruitful business plans. The prominent players of the global Driver Monitoring Systems market are expected to contribute significantly to the revenue generation owing to increasing demand for the Driver Monitoring Systems products in the industry.
Prominent Players Profiled in the Driver Monitoring Systems Market:
Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso, among others
Further key findings from the report suggest
• An Israel based company called Eyesight Technologies makes use of embedded computer vision and artificial intelligence (AI) solutions in order to provide the driver monitoring capabilities. The company`s driver monitoring solutions called ‘Drive Sense’ tracks down the head position of the driver, eye blink rate, gaze vector, and other visual attributes in order to detect distraction or any signs of drowsiness of the driver.
• The driver monitoring system (DMS) market is anticipated to register significant growth in the Asia Pacific region. The increasing incidence of road accidents and rise in the popularity and demand for luxury cars are expected to generate new opportunities in the Asia Pacific market. Moreover, the technological developments in automobile ambitious countries such as Japan, India and China would foster the demand for driver monitoring system (DMS) in the region.
• In January 2019, Eyesight Technologies, a company dealing in the AI computer vision, demonstrated its Driver Sense technology. This solution was awarded the Excellence award for promoting trade relations between Israel and Japan.
Market Segmentation:
For the purpose of this report, Emergen Research has segmented into the global Driver Monitoring Systems Market on the basis of Monitoring Type, Component, Propulsion, Instrument, Vehicle Type, and region:
• Monitoring Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
o Driver State Monitoring
1. Drowsiness & Fatigue Monitoring
2. Drunk Driving Monitoring
3. Driver Alertness monitoring
4. Identity recognition monitoring
5. Other Driver state monitoring
o 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)
o Interior Camera
o Sensors
1. Biometric Sensors
2. Gas Sensors
3. Pressure Mats
4. Steering Angle sensors
5. Other Sensors
o Other Components
• Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
o Electric Vehicles
1. Battery Electric Vehicle
2. Fuel Cell Electric Vehicle
3. Hybrid Electric Vehicle
4. Plug-in Hybrid Electric Vehicle
o Gasoline Powered
• Instrument Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
o Software
o Hardware
• Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
o Commercial vehicle
o Passenger vehicle
Regional Analysis:
The report provides an investigation of the global market in various geographical regions. The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report covers a detailed examination of the market scenarios and trends on a regional and global level.
Key geographical regions analyzed in the report:
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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The report presents a holistic overview of the market in terms of market size, market share, regional analysis, regulatory framework, technological developments, product advancements, factors influencing the market growth, and impact analysis of the drivers and restraints. It offers an analysis of the factors having the potential to affect the dynamics of the demand and supply, along with current and emerging trends. These assessed key elements offer accurate insights into the market for the forecast period of 2020-2027.
Summary of the Global Driver Monitoring Systems Report:
• Comprehensive analysis of the market including risks and opportunities
• Details of business strategies and plans undertaken by key market players
• Analysis of current and future trends that will affect the growth of the market in the forecast timeline
• In-depth analysis of drivers and constraints for better understanding of the market
• The report encompasses a detailed forecast for the years 2020-2027.
• The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Driver Monitoring Systems Market Segmentation & Impact Analysis
4.1. Driver Monitoring Systems Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising Demand for Occupant Safety in Vehicles
4.2.2.2. Increasing Stringency of Safety Regulations in Road
4.2.2.3. Rise in the sales of premium vehicles
4.2.2.4. Rise In Competition Among Automakers To Offer Product Differentiating Factors
4.2.3. Market restraints analysis
4.2.3.1. Cyber security pertaining to automotive software systems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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