Global driver monitoring system market is projected to
grow from $ 718 million in 2018 to around $ 1.5 billion by 2024, exhibiting a
CAGR of over 13% during the forecast period. Anticipated growth in the market
can be attributed to rising need to curb road accident fatalities, technological
advancements in the automotive industry and increasing awareness about safe
driving. Government of several countries are implementing rules and regulations,
which are aimed at bringing down fatalities and increasing on-road safety of commuters as
safe driving, pedestrian safety and driving comfort are the major concerns for
both automakers and users. Growing sales
of luxury cars across the globe are further expected to aid global driver
monitoring system market, as these cars are equipped with various advanced
driver assistance systems, like driver monitoring systems.
Years considered for this report:
Historical Years: 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- To analyze and forecast global driver monitoring system
market.
- To classify and forecast global driver monitoring system market based
on vehicle type, monitoring type, offering type, component and
region.
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting global driver monitoring system market into
vehicle type: passenger car and commercial vehicles.
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting global driver monitoring system market into
monitoring type: driver fatigue monitoring, drunk driving monitoring, driver
alertness/distraction monitoring, identity recognition and others.
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting global driver monitoring system market into
offering type: hardware and software.
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting global driver monitoring system market into
component: pressure mats, steering angle sensors, strain gauges, infrared
sensors and others
- To scrutinize the detailed market
segmentation and forecast the market size by segmenting global driver monitoring system market into
regions: Asia-Pacific, Europe, Middle East & Africa, South America and
North America.
- To identify drivers, challenges and
trends in global driver monitoring
system market.
- To
identify and analyze the profile of leading players operating in global driver monitoring system market.
Click here to download the brochure
Some of the
major players operating in global driver monitoring system market are Continental
AG, DENSO Corporation, Valeo S.A., Robert Bosch GmbH, Delphi Automotive PLC,
Autoliv Inc., Visteon Corporation, Jabil Inc., Veoneer Inc., Seeing Machines,
etc.
To perform the study, TechSci Research conducted primary as well as
exhaustive secondary research. Initially, TechSci Research prepared an
exhaustive list of driver monitoring system manufacturers and distributors
operating globally. Subsequently, TechSci Research conducted primary research
surveys, which included primary calls, email responses, etc., with the
identified companies. While interviewing, the respondents were also asked about
their major competitors. Through
this technique, TechSci Research could include manufacturers which could not be
identified due to the limitations of secondary research. TechSci Research analyzed
product offerings, distribution channels, and regional presence of all major driver monitoring system companies across
the globe.
TechSci Research
calculated global driver monitoring system market size using a bottom-up
technique, wherein volume sales data for different product type (passenger car
and commercial vehicle) were recorded as well as forecast for the future years. TechSci
Research sourced these values from industry experts and company
representatives, and externally validated through analyzing historical data of
respective companies to arrive at the overall market size. Multiple secondary
sources such as directories and databases such as OICA, World Bank, company
websites, company annual reports, white papers, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Driver
monitoring system manufacturers and distribution companies
- End users of driver
monitoring systems
- Associations, organizations, forums and alliances related to driver
monitoring system industry
- Government bodies such as regulating authorities and policymakers
- Market research and consulting firms
The study is
useful in providing answers to several critical questions that are important
for industry stakeholders such as driver monitoring system manufacturers, dealers,
customers and policymakers. The study would also help them to target the growing
segments over the coming years, thereby aiding the stakeholders in taking
investment decisions and facilitating their expansion.
Report Scope:
In this report, global
driver monitoring system market has been segmented into following categories,
in addition to the industry trends which have also been detailed below:
- Market, by Vehicle Type:
- Passenger Car
- Commercial Vehicle
- Market, by Monitoring Type
- Driver Fatigue Monitoring
- Drunk Driving Monitoring
- Driver Alertness/Distraction
Monitoring
- Identity Recognition
- Others
- Market, by Offering Type:
- Market, by Component
- Pressure Mats
- Infrared Sensors
- Strain Gauges
- Steering Angle Sensors
- Others
- Market, by Region:
- Asia-Pacific
- China
- India
- Japan
- South
Korea
- Singapore
- Australia
- Malaysia
- North
America
- United
States
- Canada
- Mexico
- South
America
- Brazil
- Argentina
- Colombia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Middle
East & Africa
- South
Africa
- Saudi
Arabia
- UAE
- Qatar
Competitive Landscape:
Company Profiles: Detailed analysis of the major companies operating
in global driver monitoring system market.
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Company
Information
- Detailed
analysis and profiling of additional market players (up to five).
In case you don’t find
what, you are looking for, please get in touch with our custom research team at
sales@techsciresearch.com