“Automotive Driver Monitoring System market worth $2,287 million in 2019” says Visiongain report

21 February 2019
Automotive

Visiongain’s new report the Automotive Driver Monitoring System (DMS) Market Report 2019-2029: Forecasts & Analysis by Product Type (Camera Based and Sensor Based), by Vehicle Type (Passenger Vehicle, LCV, HCV), by Geography (America, Asia Oceania, Europe, MEA) Plus Profiles of Leading Companies Developing Biometrics Technologies for Advanced Driver Assistance Systems (ADAS) indicates that the global Automotive Driver Monitoring System market will see $2,287m in spending in 2019.

The lead analyst of the report said: "Automotive Driver Monitoring Systems will experience significant revenue growth rates over the forecast period. The R&D in Automotive Driver Monitoring System Systems has increased in recent years owing to increase in the demand from vehicle manufacturers globally. The research study provides market insights on the global Automotive Driver Monitoring Systems. Driver Monitoring Systems (DMS) which are installed in vehicles to monitor driver alertness, that not only recognizes the driver, but also checks his or her level of vigilance. The purpose of the Driver Monitoring System is to alert the driver when signs of drowsiness or distraction are detected. These systems are primarily based on camera and other sensor based systems which are commercially available in the market. The system can also be used for other applications which includes driver identification and control functions using the eyes. The system is primarily aimed at achieving heightened safety and more intuitive use of the new generation of driver assistance functions. Automotive OEMs are showing interest in offering holistic DMS by providing vehicles with higher order intelligence about the state of the driver, including fatigue, cognitive load, personalisation, and health monitoring. Stereo cameras have the ability to offer more data points and improved functionalities, making them the perfect choice for OEMs looking to incorporate more than 5 DMS functions. OEMs are expected to enter into more partnerships with medical companies, universities, and technology firms to identify new opportunities and technologies in the DMS space."

The 166-page report contains 181 tables, charts and graphs that add visual analysis in order to explain developing trends within the Automotive Driver Monitoring System market. Visiongain provides Automotive Driver Monitoring System Spending forecasts for the period 2019-2029 for the leading Automotive Driver Monitoring System submarkets by product type which includes Camera based systems and sensor based systems. The report also includes segmentation by vehicle type including passenger vehicle, LCV and HCV. The report also includes forecasts for the prominent countries including U.S. Canada, China, Brazil, Japan, Russia, U.K, Germany, France, India, South Korea, Spain, Netherlands and Italy.

The comprehensive page report offers market forecasts and analysis for 10 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 10 companies leading the field in Automotive Driver Monitoring System Market, including Autoliv Inc., Denso Corporation, Jabil Inc., Magna International, Omron Corporation, Panasonic Corporation, Pioneer Corporation, Seeing Machine, Valeo and Visteon Corporation.

The Automotive Driver Monitoring System (DMS) Market Report 2019-2029 report will be of value to anyone who wants to better understand the Automotive Driver Monitoring System market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Automotive Driver Monitoring System industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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