Vancouver, BC -- (SBWIRE) -- 03/04/2021 -- The Global Driver Monitoring Systems Market is projected to reach USD 2.39 billion in 2027. The continual development in automotive electronics sensors application and technology, the rising concern for road accidents, increasing demand of automation in automobiles, and drivers' consistency while in long journey for the commercial vehicles especially are boosting the demand of Driver Monitoring Systems market.

Higher usage of the components like camera and sensors which monitor the alertness of the driver as well as checks his or her level of vigilance, health, current state and warns the driver a signs of drowsiness or distraction is monitored, are the primary growth propellers for this market. Additionally, growing usage of DMS for driver identification and control functions using the eyes will contribute to more safety and better intuitive use of the new generation of driver assistance functions and help grow the market remarkably.

The research takes a closer look at prominent factors driving the growth rate of the prominent product categories across major geography. Furthermore, the study covers a lot of the sales, gross margin, consumption capacity, spending power and customer preference across various countries. The report offers clear indications how the Driver Monitoring Systems market is expected to witness numerous exciting opportunities in the years to come. Critical aspects including the growing requirement, demand and supply status, customer preference, distribution channels and others are presented through resources such as charts, tables, and infographics.

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Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Driver Monitoring Systems market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Driver Monitoring Systems market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Driver Monitoring Systems market growth worldwide?

The report on the Driver Monitoring Systems market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders.

The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Driver Monitoring Systems market for the forecast period from 2020 to 2027. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.

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Further key findings from the report suggest
An Israel based company called Eyesight Technologies makes use of embedded computer vision and artificial intelligence (AI) solutions in order to provide the driver monitoring capabilities. The company`s driver monitoring solutions called 'Drive Sense' tracks down the head position of the driver, eye blink rate, gaze vector, and other visual attributes in order to detect distraction or any signs of drowsiness of the driver.
The driver monitoring system (DMS) market is anticipated to register significant growth in the Asia Pacific region. The increasing incidence of road accidents and rise in the popularity and demand for luxury cars are expected to generate new opportunities in the Asia Pacific market. Moreover, the technological developments in automobile ambitious countries such as Japan, India and China would foster the demand for driver monitoring system (DMS) in the region.
In January 2019, Eyesight Technologies, a company dealing in the AI computer vision, demonstrated its Driver Sense technology. This solution was awarded the Excellence award for promoting trade relations between Israel and Japan.
Key players in the market include Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, and Denso, among others.

Monitoring Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Driver State Monitoring
Drowsiness & Fatigue Monitoring
Drunk Driving Monitoring
Driver Alertness monitoring
Identity recognition monitoring
Other Driver state monitoring
Driver Health monitoring
Blood pressure monitoring
Body temperature monitoring
Pulse rate monitoring
Heart beat monitoring
Other Driver health monitoring

Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Interior Camera
Sensors
Biometric Sensors
Gas Sensors
Pressure Mats
Steering Angle sensors
Other Sensors
Other Components

Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Electric Vehicles
Battery Electric Vehicle
Fuel Cell Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
Gasoline Powered

Instrument Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Software
Hardware

Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Commercial vehicle
Passenger vehicle

Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA

We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Driver Monitoring Systems market. This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Driver Monitoring Systems Market Segmentation & Impact Analysis
Chapter 5. Driver Monitoring Systems Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Driver Monitoring Systems Market By Surgery Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Driver Monitoring Systems Market By End User Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Driver Monitoring Systems Market Regional Outlook
Continued…