Driver Monitoring Systems Market Expects North America to be a Hotbed for Future Innovation

Driver Monitoring Systems Market Revenue, Spurred by Adoption of Autonomous Vehicles & Calls for Driver Involvement, Predicted to Grow Notably by 2022.

A driver monitoring system can be described as a set of infrared sensors, cameras and gauges which help in monitoring the state of the driver. A driver monitor focuses on the driver’s attention, fatigue or sobriety to provide alerts, in the form of bright lights or sounds, at appropriate moments. If the warnings are found to be ignored, the car monitoring system will kick in, before it is too late, and apply the brakes to avoid collisions or accidents. After being prodded by various governments, the automotive sector is focusing on developing effective vehicle tracking solutions to enhance the safety and comfort of the passenger. Thus, the Driver Monitoring Systems Market is extremely well-positioned to enjoy a lot of success during the forecast period of 2017-2022. 

Scope & Regional Forecast of the Driver Monitoring Systems Market

While the global expectation is for autonomous cars to take over driving and safety responsibility, the Driver Monitoring Systems Market is confident that vehicle monitoring systems will continue to play a big part in ensuring protection for passengers. Despite the autonomous advances made by companies like Uber and Otto, there is a great deal concern surrounding the development of placing human lives in the hands of a piece of software. If a software has a glitch or a bug, it will end up affecting an entire of vehicles.

Hence, the Driver Monitoring Systems Market feels that a vehicle monitoring device will still have a crucial role to play in autonomous cars as drivers need to be kept alert so that they can assume responsibility in emergency situations. The onus of assigning blame or responsibility after accidents also becomes tricky in cases where driverless cars are involved. Hence, vehicle tracking companies are of the opinion that drivers should continue to retain a certain degree of control over the vehicle. If such a development does become popular, then various car monitoring device varieties like the blind spot monitor will be crucial for ensuring safety.

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Currently, most of the advances in the Driver Monitoring Systems Market are originating from North America as a group of companies, led by Tesla and Uber, are fine-tuning the mechanics of driverless cars. As concerns regarding over-reliance on technology keep rising, the chorus of voices calling for the continued presence of human involvement continue to persist. And this is what the Driver Monitoring Systems Market is banking for future growth.

Segmentations & Key Players Involved in the Driver Monitoring Systems Market

The Driver Monitoring Systems Market can be broken down into various segmentations on the basis of –

Key Technology: Image Sensing/Cameras, Pressure Mats, Infrared Sensing, Strain Gauges, Steering Angle Sensors and Others.

Type of Monitoring: Driver Alertness/Distraction Monitoring, Driver Fatigue Monitoring and Drunk Driving Monitoring.

Geographical Location: Americas, Europe and Asia-Pacific.

Some of the key players involved in the Driver Monitoring Systems Market are as follows:

  • Continental Automotive Systems

  • Visteon Corporation

  • Magneti Marelli S.p.A

  • Robert-Bosch Gmbh

  • Johnson Controls Inc.

  • Aisin Seiki Co., Ltd.

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* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.

* Identifies growth sectors and factors driving or constraining the market.

* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.

* The study includes the demand of this particular market on a global and regional scale for a six year period of 2017 – 2022, to assess how the market will develop.

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