Global Automotive Driver Monitoring System Market Comprehensive Analysis and Forecast 2024 to 2030
Global Automotive Driver Monitoring System Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
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. The Global Automotive Driver Monitoring System Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Automotive Driver Monitoring System Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Automotive Driver Monitoring System Market drivers, barriers, Global Automotive Driver Monitoring System Market Trends, and Key Players in Global Automotive Driver Monitoring System Market.
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Global Automotive Driver Monitoring System Market Dynamics: 2024-2030
Global Automotive Driver Monitoring System Market 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.
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Global Automotive Driver Monitoring System Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Offering Type
-Hardware
-Software
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
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.
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.
Top Companies Operating in the Global 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. and others.
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