Global Driver Monitoring System Market Forecast-2024
Posted by Bharat Book on March 23rd, 2019
Bharat Book Bureau Provides the Trending Market Research Report on “Global Driver Monitoring System Market By Vehicle Type (Passenger Car & Commercial Vehicle), By Monitoring Type, By Offering Type, By Component, By Region, Competition, Forecast & Opportunities, 2017-2024”under Automotive Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Driver Monitoring System Market is projected to grow from $ 718 million in 2018 to around $ 1.5 billion by 2024, exhibiting a CAGR of over 13% during the forecast period. Anticipated growth in the market can be attributed to rising need to curb road accident fatalities, technological advancements in the automotive industry and increasing awareness about safe driving. Government of several countries are implementing rules and regulations, which are aimed at bringing down fatalities and increasing on-road safety of commuters as safe driving, pedestrian safety and driving comfort are the major concerns for both automakers and users. Growing sales of luxury cars across the globe are further expected to aid global driver monitoring system market, as these cars are equipped with various advanced driver assistance systems, like driver monitoring systems.
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Years considered for this report:
Objective of the Study:
Some of the major players operating in global driver monitoring system market are Continental AG, DENSO Corporation, Valeo S.A., Robert Bosch GmbH, Delphi Automotive PLC, Autoliv Inc., Visteon Corporation, Jabil Inc., Veoneer Inc., Seeing Machines, etc.
To perform the study, Our Research conducted primary as well as exhaustive secondary research. Initially, Our Research prepared an exhaustive list of driver monitoring system manufacturers and distributors operating globally. Subsequently, Our Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, Our Research could include manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed product offerings, distribution channels, and regional presence of all major driver monitoring system companies across the globe.
Global driver monitoring system market size using a bottom-up technique, wherein volume sales data for different product type (passenger car and commercial vehicle) were recorded as well as forecast for the future years. Our Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories and databases such as OICA, World Bank, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by Our Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as driver monitoring system manufacturers, dealers, customers and policymakers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
• Market, by Monitoring Type
• Market, by Offering Type:
• Market, by Component
• Market, by Region:
Middle East & Africa
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-driver-monitoring-system-market-by-vehicle-type-passenger-car-commercial-vehicle-by-monitoring-type-by-offering-/1401051
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About the AuthorBharat Book
Joined: August 18th, 2017
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