Markntel Advisors’ report, Automotive Driver Monitoring System Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Automotive Driver Monitoring System presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Automotive Driver Monitoring System Market Research Report & Market Summary:
The Global Automotive Driver Monitoring System Market size was valued at USD 2.2 Billion in 2023 and is projected to reach USD 5.6 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12.5% during the forecast period, i.e., 2024-30. Extended illness or immediate health complications can result in severe road accidents or crashes. Per The National Highway Traffic Safety Administration, almost 3,000 people died in 2019 due to distracted driving, up 10% over 2018. In addition, intoxicated driving also grown, resulting in the loss of 10,142 persons in the same year. However, automotive driver monitoring systems (DMS) can supersede the driving inputs and slow the vehicle until the driver realizes the alert, thereby curbing the casualties.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/global-automotive-driver-monitoring-system-market.html
Automotive Driver Monitoring System Market Dynamics:
Key Driver-
Increasing Road Traffic Injuries Worldwide Influenced by Distracted or Drunk Driving – According to WHO, approximately 1.3 million people die yearly from road traffic crashes, costing most countries 3% of their GDP. Even though low- and middle-income nations have about 60% of the world’s vehicles, they account for 93% of all traffic deaths. Given this, the UN General Assembly wants to cut in half the number of people killed and injured in traffic accidents worldwide by 2030. Backed by such ambitions and initiatives stemming from safety concerns, the need for systems that monitors Driver Alertness/Distraction, drunk driving, and Driver Fatigue, and recognition monitoring systems, including Identify, RFID, Fingerprint, and NFC Recognition, has gained traction in recent years.
Automotive Driver Monitoring System Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Offering Type
-
- Hardware
- Software
Among these two, the hardware segment is projected to acquire a major market share owing to the increasing number of DMS installations in numerous models by OEMs.
By Components Type
-
- Image Sensors/Cameras
- Pressure Mats
- Infrared Sensors
- Strain Gauges
- Steering Angle Sensors
- Others
By Monitoring Type
-
- Driver Alertness/Distraction Monitoring
- Driver Fatigue Monitoring
- Drunk Driving Monitoring
- Identify Recognition
- RFID Recognition
- NFC Recognition
- Fingerprint Recognition
- Others
By Vehicle Type
-
- Passenger Vehicle
- Commercial Vehicle
The passenger segment holds the largest market share of the automotive driver monitoring system, supported by government regulations and growing demand for luxurious vehicle features. In addition, the admiration for premium cars with the demand for advanced safety tools grants the segment substantial growth, especially in China, as it is emerging as the fastest-growing and leading passenger vehicle manufacturer around the globe.
By Drive Type
-
- IC Engine Vehicle
- Electric Vehicle
- Plug-in Hybrid Electric Vehicle
By Region
-
- North America
- South America
- Europe
- Middle East
- Africa
- Asia-Pacific
The Asia-Pacific region is predicted to register significant growth in the Automotive Driver Monitoring market during the forecast period.
As indicated in the latest market research report published by Markntel Advisors, “Automotive Driver Monitoring System Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Automotive Driver Monitoring System industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/global-automotive-driver-monitoring-system-market.html
Top Companies Operating in the Automotive Driver Monitoring System Market:
- Faurecia SA
- Ford Motor Co.
- Valeo SA
- Delphi Automotive Plc
- Robert Bosch Gmbh
- Denso Corporation
- Continental AG
- Visteon Corporation
- Nissan Motor Co.
- Jabil Inc.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
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- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Automotive Driver Monitoring System Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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