Overview of the Global Automotive Driver Monitoring System Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Global Automotive Driver Monitoring System Market By Technology (Mechanical, Solid-state), By Application (Autonomous, Semi-Autonomous), By Range (Short & Mid-Range [Up to 200 meters], Long Range [Above 201 meters]), By Image Processing (2-D, 3-D, 4-D), By Location (Bumper and Grill, Headlight and Taillight, Roof and Upper Pillar, Others), By Vehicle Type (Passenger Vehicles [Internal Combustion Engine [ICE] Vehicle, Electric Vehicle [EV]], Commercial Vehicles), By Demand Type (OEM, Replacement) and Others, The Global Automotive Driver Monitoring System Market size was valued at around USD 510 million in 2023 & is estimated to grow at a CAGR of around 12.5% during the forecast period, 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Global Automotive Driver Monitoring System Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2025-2030): 12.5%
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Global Automotive Driver Monitoring System Market Trend:
Rapid Technological Advancement in (ADAS) & Ongoing Fast Developments in Autonomous & Connected Cars – While DMS is an excellent tool for identifying and warning drivers on its own, its true potential is seen when it is paired with an ADAS system that is directed outward. For instance, a fatigued driver can move quickly to avoid a collision by receiving both a drowsiness alarm and a forward collision warning alert. Thus, Automotive manufacturers are actively working toward integrating DMS with the Advanced Driver Assistance System. Besides, incorporating artificial intelligence would further add to the features of monitoring systems, thereby pushing the market forward. For instance, in 2018, XPENG G3, launched in China by XPENG Motors, has driver monitoring systems integrated with artificial intelligence. Therefore, technological innovations in driver-assistance systems (ADAS), rapid developments in autonomous and connected cars, and intelligent parking assist systems will enhance the market’s growth.
A Comprehensive Analysis of Leading Companies of Automotive Driver Monitoring System Market by MarkNtel Advisors:
- Faurecia SA
- Ford Motor Co.
- Valeo SA
- Delphi Automotive Plc
- Robert Bosch Gmbh
- Denso Corporation
- Continental AG
- Visteon Corporation
- Nissan Motor Co.
- Jabil Inc.
Key Automotive Driver Monitoring System Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/global-automotive-driver-monitoring-system-market.html
-By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
The passenger segment holds the largest market share of the automotive driver monitoring system, supported by government regulations and growing demand for luxurious vehicle features.
-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 Drive Type
- IC Engine Vehicle
- Electric Vehicle
- Plug-in Hybrid Electric Vehicle
Geographical Analysis
-By Region
- North America
- South America
- Europe
- Middle East
- Africa
- Asia-Pacific
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
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