Driver Monitoring Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2027

Market Size – USD 1.06 Billion in 2019, Market Growth - CAGR of 10.6%, Market Trends – Growing demand for in-vehicle driver monitoring solutions

Driver Monitoring Systems Market Forecast to 2020-2027

The core goal of the Driver Monitoring Systems Market report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Driver Monitoring Systems market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

The Global Driver Monitoring Systems Market is projected to reach USD 2.39 billion in 2027. The continual development in automotive electronics sensors application and technology, the rising concern for road accidents, increasing demand of automation in automobiles, and drivers’ consistency while in long journey for the commercial vehicles especially are boosting the demand of 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 global Driver Monitoring Systems market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Driver Monitoring Systems industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Key Companies Profiled in the Report are

Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso

Market Overview:

The report bifurcates the Driver Monitoring Systems market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Monitoring Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

    • Driver State Monitoring
      1. Drowsiness Fatigue Monitoring
      2. Drunk Driving Monitoring
      3. Driver Alertness monitoring
      4. Identity recognition monitoring
      5. Other Driver state monitoring
    • 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)

    • Interior Camera
    • Sensors
      1. Biometric Sensors
      2. Gas Sensors
      3. Pressure Mats
      4. Steering Angle sensors
      5. Other Sensors
    • Other Components
  • Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

    • Electric Vehicles
      1. Battery Electric Vehicle
      2. Fuel Cell Electric Vehicle
      3. Hybrid Electric Vehicle
      4. Plug-in Hybrid Electric Vehicle
    • Gasoline Powered

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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • 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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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

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