Recent Development in Automotive Driver Monitoring System Market 2023| Analyzing Industry Growth Rate, Demand, and Future Opportunity [Key Player - Faurecia SA, Ford Motor and Nissan Motor ]

Comprehensive Insights: Global Automotive Driver Monitoring System Market Report, 2023-28

MarkNtel Advisors, a prominent market research firm, has recently published a report titled "Global Automotive Driver Monitoring System Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive study explores into the industry, offering an in-depth examination of the Automotive Driver Monitoring System market, encompassing research findings, size, market share, trends, and growth projections.

Furthermore, the report encompasses competitor and regional analyses, spotlighting the most recent developments in the market.

Report Historical Data:

> Historical Data: 2018-21

> Base Year: 2022

> Forecast Period: 2023-28

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Global Automotive Driver Monitoring System Market Overview:

The Global Automotive Driver Monitoring System Market is projected to grow at a CAGR of around 12% during the forecast period, i.e., 2023-28. Extended illness or immediate health complications can result in severe road accidents or crashes. Per The National Highway Traffic Safety Administration, almost 3,000 people died in 2019 due to distracted driving, up 10% over 2018. In addition, intoxicated driving also grown, resulting in the loss of 10,142 persons in the same year.

What are the top listed Automotive Driver Monitoring System Companies in the Global market?

* Faurecia SA

* Ford Motor Co.

* Valeo SA

* Delphi Automotive Plc

* Robert Bosch Gmbh

* Denso Corporation

* Continental AG

* Visteon Corporation

* Nissan Motor Co.

* Jabil Inc.

What Factor Driving the Automotive Driver Monitoring System Industry Growth in the coming years?

Increasing Road Traffic Injuries Worldwide Influenced by Distracted or Drunk Driving - According to WHO, approximately 1.3 million people die yearly from road traffic crashes, costing most countries 3% of their GDP. Even though low- and middle-income nations have about 60% of the world's vehicles, they account for 93% of all traffic deaths. Given this, the UN General Assembly wants to cut in half the number of people killed and injured in traffic accidents worldwide by 2030. Backed by such ambitions and initiatives stemming from safety concerns, the need for systems that [read more - https://www.marknteladvisors.com/research-library/global-automotive-driver-monitoring-system-market.html ]

What segmentation included in Global Automotive Driver Monitoring System market?

By Offering Type

 * Hardware

 * Software

By Components Type

 * Image Sensors/Cameras

 * Pressure Mats

 * Infrared Sensors

 * Strain Gauges

 * Steering Angle Sensors

 * Others

By Monitoring Type

 * Driver Alertness/Distraction Monitoring

 * Driver Fatigue Monitoring

 * Drunk Driving Monitoring

 * Identify Recognition

 * RFID Recognition

 * NFC Recognition

 * Fingerprint Recognition

 * Others

By Vehicle Type

 * Passenger Vehicle

 * Commercial Vehicle

By Drive Type

 * IC Engine Vehicle

 * Electric Vehicle

 * Plug-in Hybrid Electric Vehicle

Separation By Region

* North America

* South America

* Europe

* The Middle East and Africa

* Asia-Pacific

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Reason to Buy This Report:

> In-depth analysis covering Automotive Driver Monitoring System Market Size, Share, Growth, Trends, and Future Outlook.

> Focus on Industry Dynamics, Demand, and Development Opportunities.

> Incorporates Latest Investment and Industry Reports for a comprehensive view.

> Accurate Forecast data to guide informed decision-making.

> Presented in English for clear and concise understanding.

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