As vehicle safety systems continue to evolve, the latest focus is on monitoring the driver as opposed to just the vehicle. The automotive sector has seen a growing inclination towards the safety and comfort of passengers over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belts, air-bags and ABS (anti-lock braking) in the vehicles, and also by government legislations making such devices compulsory. But with the advent of electronics and internet connectivity, we have seen a quantum leap in the services now available to make the vehicle safe as well as comfortable for the driver.
One such development in the Automotive Electronics segment which has caught the attention of the automotive OEMs and other vendors alike is the Driver Monitoring System (DMS). DMS combines the use of sensors, cameras and other intelligent devices to provide the driver with assistance, guidance and warning regarding various critical situations and in the time of emergencies.
Table of contents and insights:
Reason for Market-growth:
The ever-increasing number of traffic accidents in the developed world due to a diminished driver’s vigilance level has become a problem of grave business for countries. Drivers with a decreased vigilance level suffer from a pronounced diminution in their abilities of perception, realization, and vehicle control, and therefore pose serious risk to their own lives as well the lives of others. Thus, there is an increasing number of technological advancements in the vehicular segments.
While this market started off initially with very high costs, there is a drop in the rates today due to increased usage and adoption of the vehicles with DMS across the globe. This cost-efficiency pushes an increased number of people to afford these smart vehicles and acts as a major boost for the business to grow further.
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The report describes the driver monitoring systems market by product types, modules, fuel types, components, geography, and industry verticals. High level analysis about the individual DMS product costs, strategies, future opportunities along with the business landscape analysis of key market players are focused in this report.
Companies Mentioned in the Report:
- Aisin Seiki Co., Ltd.
- Autoliv, Inc.
- Continental Automotive Systems
- Delphi Automotive PLC
- Denso Corporation
- Johnson Controls Inc.
- Valeo SA
- Visteon Corporation
- Magneti Marelli S.p.A
- Robert-Bosch Gmbh
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Gist of the Market:
The global market for advanced driver assistance systems has grown substantially in the recent years, as vehicle companies have increased the safety content of their vehicles in response to the market and government regulations. In essence, ADAS features focus on increasing the automatic or autonomous control of the car’s behavior, independently of the driver, and/or providing the driver with increased information on road conditions to improve his/her driving performance.
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Advanced Driver Assistance Systems (ADAS) Market Analysis and Forecast (2013 – 2018): Reduced Costs and Customer Demand Shows Immense Growth Potential for Market
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