Driver Monitoring Systems Market Competitive Analysis 2027 by Emergen Research

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.

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.

Geographical Overview

As per the latest study, the Asia Pacific region is envisioned as the global leader in the Driver Monitoring Systems market, on account of the growing investments in training & development in defense academies, especially in the leading economies like India, Pakistan, and China, rising interests in hunting & shooting activities, the popularizing trend of self-defense training, economic development in the arms & ammunition industry, and huge government funding for military and special forces training.

North America is expected to hold the largest market throughout the forecast period due to the rising concerns about vehicles' security. In the United States, California has the highest motor vehicle theft rate. This is expected to propel the demand for Driver Monitoring Systems in this region.

Key participants include Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso, among others.

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

1. Driver State Monitoring
2. Drowsiness & Fatigue Monitoring
3. Drunk Driving Monitoring
4. Driver Alertness monitoring
5. Identity recognition monitoring
6. Other Driver state monitoring
7. Driver Health monitoring
8. Blood pressure monitoring
9. Body temperature monitoring
10. Pulse rate monitoring
11. Heart beat monitoring
12. Other Driver health monitoring

Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

1. Interior Camera
2. Sensors
3. Biometric Sensors
4. Gas Sensors
5. Pressure Mats
6. Steering Angle sensors
7. Other Sensors
8. Other Components

Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

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

Instrument Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

1. Software
2. Hardware

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

1. Commercial vehicle
2. Passenger vehicle

Key questions addressed in the report:

1. What are the predominant factors propelling the global DriverMonitoring Systems market development?
2. Who are the leading distributors, traders, and dealers of this market?
3. Who are the key manufacturers in the Driver Monitoring Systems business sector?
4. What are the significant market opportunities and challenges for the v global market vendors?
5. What are the sales and revenue estimations for the leading market players in the Driver Monitoring Systems market over the projected period?

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