According to a new market report published by Lucintel, the future of the global automotive driver state monitoring system market looks promising with opportunities in passenger car and commercial vehicle segments. The global automotive driver state monitoring system market is expected to grow with a CAGR of 9%-11% from 2021 to 2026. The major drivers for this market are increasing awareness about safe driving, increasing demand for convenience, and growing need to reduce road accidents.
To download report brochure, please go to https://www.lucintel.com/automotive-driver-state-monitoring-system-market.aspx and click "download brochure" tab from the menu.
In this market, heart rate monitoring, facial recognition, and others are the major technology used to manufacture automotive driver state monitoring system. On the basis of comprehensive research, Lucintel forecasts that heart rate monitoring will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to its complex application of sensors and development of more non-contrast based systems which are simple, low-cost, and comfortable to use.
Within the global automotive driver state monitoring system market, passenger car is expected to witness the highest growth over the forecast period due to the increasing need to improve operator or driver safety in the automotive industry, increase in competition in the automotive industry and the growth in the demand for safety-related systems.
APAC is expected to remain the largest market and witness the highest growth rate over the forecast period due to the increasing incidence of road accidents, rise in the popularity and demand for luxury cars.
Emerging trends, which have a direct impact on the dynamics of the industry, include of technological advancement in advance driver-assistance systems (ADAS), growing sales of luxury cars and stringent rules and regulations related to safety of drivers. Aptiv, Continental AG, Tobii Technology, Visteon Corporation, Aisin Seiki Corporation Limited, Denso Corporation, Caterpillar Inc, Robert Bosch, and Valeo among the major suppliers of the automotive driver state monitoring system market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive driver state monitoring system market by technology, component, vehicle type and region, and has compiled a comprehensive research report titled “Growth Opportunities in the Global Automotive Driver State Monitoring System Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive driver state monitoring system market by technology, component, vehicle type and region, as follows:
By Technology [Value ($ Million) from 2015 to 2026]:
Heart Rate Monitoring
Facial Recognition
Blink Monitoring
Pre-Collision System
Others
By Component [Value ($ Million) from 2015 to 2026]:
Sensors
Camera
Crash resistant steel cabins
Others
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
Passenger Car
Commercial Vehicle
By Region [Value ($ Million) from 2015 to 2026]:
North America
United States
Canada
Mexico
Europe
APAC
ROW
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.