Emergen Research has published a novel research report titled, “Global Driver Monitoring Systems Market Forecast to 2027”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Driver Monitoring Systems market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation. 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.

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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.

For the purpose of this report, Emergen Research has segmented into the global Driver Monitoring Systems Market on the basis of Monitoring Type, Component, Propulsion, Instrument, Vehicle Type, and region:

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

Driver State Monitoring

• Drowsiness & Fatigue Monitoring
• Drunk Driving Monitoring
• Driver Alertness monitoring
• Identity recognition monitoring
• Other Driver state monitoring

Driver Health monitoring

• Blood pressure monitoring
• Body temperature monitoring
• Pulse rate monitoring
• Heart beat monitoring
• Other Driver health monitoring

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

Interior Camera

Sensors

• Biometric Sensors
• Gas Sensors
• Pressure Mats
• Steering Angle sensors
• Other Sensors
• Other Components

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

Electric Vehicles

• Battery Electric Vehicle
• Fuel Cell Electric Vehicle
• Hybrid Electric Vehicle
• Plug-in Hybrid Electric Vehicle

Gasoline Powered

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

• Software
• Hardware

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

• Commercial vehicle
• Passenger vehicle

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Regional Outlook:

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Driver Monitoring Systems market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Outlook:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Driver Monitoring Systems market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

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Further key findings from the report suggest

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.

Leading companies operating across the global Driver Monitoring Systems market:

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

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