The Global Driver Monitoring Systems Market is projected to reach USD 2.39 billion in 2027. 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.

The need for driver monitoring is rising not only in the passenger vehicle segment but also in the commercial vehicle segment, wherein challenges are more significant as compared with the passenger segment. Apart from all of the above-mentioned concerns, drivers are also working long hours, many a time more than what is advised or specified.

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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.
• Key players in the market include Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso, among others.

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)
  • 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
  • Instrument Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Software
    • Hardware
  • Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
    • Commercial vehicle
    • Passenger vehicle

Regions Covered in This Report:

1. North America(U.S., Mexico, and Canada)
2. Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
3. Europe(U.K., Germany, France, and Rest of Europe)
4. Latin America(Brazil and Rest of Latin America)
5. Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Key Coverage of the Driver Monitoring Systems Market:

• Insightful information regarding the global Driver Monitoring Systems market
• Identification of growth in various segments and sub-segments of the Driver Monitoring Systems market
• Strategic recommendations for investment opportunities
• The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
• Emerging trends and current market segment analysis to help investors formulate new business strategies
• Accelerates the decision-making process through the availability of the drivers and limitations

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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