The new report titled ‘Global Driver Monitoring Systems Market,’ published by Emergen Research, is a vivid presentation of the global Driver Monitoring Systems market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Driver Monitoring Systems industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators.  The report delivers a deep understanding of the key aspects of the Driver Monitoring Systems market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. Thus, the report concludes with the essential market statistics presented in a tabular format to help readers get a clear idea of the global market dynamics.

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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Market Dynamics:

The report offers insightful information about the market dynamics of the Driver Monitoring Systems market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Driver Monitoring Systems market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Driver Monitoring Systems market.

Some Key Highlights of the Driver Monitoring Systems Market Report:

• 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.
• In January 2019, Eyesight Technologies, a company dealing in the AI computer vision, demonstrated its Driver Sense technology. This solution was awarded the Excellence award for promoting trade relations between Israel and Japan.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

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

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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.

Driver Monitoring Systems Market Segmentation:

• 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

Regional Segmentation;

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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