Automotive Driver State Monitoring Systems Market 2019 Global Outlook to 2023 Research Report
Automotive Driver State Monitoring Systems Market To Expand At high Growth Rate During The Forecast Period Of 2019-2023. Global Automotive Driver State Monitoring Systems Market by Technology (Heart Rate Monitoring, Facial Recognition and Others), Component (Sensors, Camera, Crash Resistant Steel Cabins), by Vehicle Type (Passenger & Commercial Vehicle)- Forecast till 2023
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Market Scenario
Driver State Monitoring Systems refers to the systems that collect recognizable information about the driver for assessing the capability of driver to perform the driving task safely. The systems are gaining more importance due to the need for understanding and adjusting to the driving conditions. Driver state monitoring systems are majorly custom designed for single purpose application such as distraction detection or drowsiness detection systems.
In case of technology segmentation, Heart Rate is the most important physiological parameter that needs to be monitored as it is a vital indicator of people’s physiological state. Monitoring of heart rate requires the complex application of sensors and sensor systems, which in turn leads to high cost. Researchers are majorly focusing on development of more noncontact based systems which are simple, low-cost and comfortable to use.
The key players of Automotive Driver State Monitoring Systems market are Aptiv (U.K), Continental AG (Germany), Tobii Technology (Sweden), Visteon Corporation (U.S.), Aisin Seiki Corporation Limited (Japan), and Denso Corporation (Japan). Ficosa International SA (Portugal), Harman International Industries Inc. (U.S.), Caterpillar Inc. (U.S.), Takata Corporation (Japan), Robert Bosch (Germany), Valeo (France), Seeing MACHINE (Australia), Edge3 (U.S.), and Xilinx (U.S.) are among others.
In case of vehicle type segmentation, passenger vehicles segment accounts for the majority share of the automotive driver state monitoring systems market. The growth of this segment can be attributed to factors such as the boom in investment for reducing the production cost of driver state monitoring system in passenger cars and high preference for integrating improved technologies. The passenger car driver safety market is driven by the increasing need to improve operator or driver safety in the automotive industry. Increase in competition in automotive industry and the growth in the demand for safety-related systems are expected to boost the demand for driver safety systems during the forecast period.
September 2015- Takat Holding Inc. and Seeing Machines Ltd have developed an automotive safety technology which is expected to be in the forefront of intelligent safety systems in the future. The technology allows drivers to share their attention without compromising safety.
January 2018- Seeing Machines, an industry leader, demonstrated its latest FOVIO Driver Monitoring Platform technology at the 2018 Consumer Electronics Show (CES) from January 9th through January 12th.
Hence, Global automotive driver state monitoring systems is expanding at a growth rate of 10.04% during the period 2017-2023.
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https://www.marketwatch.com/press-release/automotive-driver-state-monitoring-systems-2018-market-segmentationapplicationtechnology-market-analysis-research-report-to-2023-2018-12-14
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