Press release
Driver Safety System Market: 2018 Automotive Industry Size, Share, Manufacturer, and Regional Outlook TO 2022
The Driver Safety System in the vehicle is an important factor in order to reduce the accidents and death rates. There are various technologies that are developed to safeguard the drivers from getting injured which includes 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.
Driver Safety System Market Companies Analyzed in report are:
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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Driver Safety System Market Highlights:
The global market of Driver Safety System is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).
The government road safety strategy towards Zero 2008-2020 has made a long term vision for the safety of the drivers in order to prevent accidents which have resulted in death. The Zero is the safe system that is based on to promote safe road users travelling in safe vehicles, at safe speeds, along safe roads and roadsides. This will enable decline in the road accident in result in the growth of the Driver Safety System market. Truck drivers who are only permitted to drive in the dark night and are involved in driving on dangerous route have result in the increasing accident concern. These factors significantly contributes 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.
Market Segmentation:
Driver Safety System Market report 2018 provides Market Segmentation 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), Vehicle Type, and Region.
Geographic Analysis:
Asia Pacific is expected to dominate the Driver Safety System market during the forecast period due to increase in Government regulations regarding safety, increasing competition in the automotive industries have led manufacturers to adopt the safety technologies. The increase adoption of safety features in the vehicle by the auto manufacturer is expected to drive the Driver Safety System market in future. North America is expected to be the second largest market due to increase safety awareness and concerns for the road safety. In U.S. there has been continuous evolution of automotive technology which includes greater safety benefits and Automated Driving Systems (ADS) in order to provide safety feature to the driver. The Department of Transportation and the National Highway Traffic Safety Administration are working in order to support the deployment of automated vehicle safety technologies. The increase support from the government will result in the growth of the Driver Safety System market in North America. Europe is expected to be the third largest market in the near future. Germany is the largest contributor in the Driver Safety System market due to increase safety concern for the driver and passenger.
Target Audience of Report:
This report mainly focuses on Driver Safety System manufacturers, Distributer & Supplier companies, and end Users. Investment bankers and consultants with end user for Driver Safety System market also analyzed. And finally Government and Independent Regulatory Authorities involved with Global Driver Safety System market are studied in this report.
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Global Driver Safety System market Research Insights:
The report for Global Driver Safety System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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