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The anticipated value of the global driver alert systems market in 2023 is USD 8,189.59 million, growing at a CAGR of 15.80% to a whopping USD 21,548.35 million by 2030.
A driver alert system, also known as a drowsiness detection system or fatigue warning system, is a piece of equipment that monitors the driver's state of consciousness and sounds an alarm or sends a message to the driver if it detects any signs of sleepiness or exhaustion. The technology employs a number of sensors and algorithms to analyse driving habits like lane-keeping, acceleration, and braking to evaluate driver alertness.
Accidents induced by drowsy driving are especially deadly because they affect the driver's reaction time, decision making, and general cognitive function. The system often issues auditory, visual, and tactile notifications to the driver when it detects signs of fatigue or inattention, encouraging them to take a break, rest, or perform other activities to regain focus and alertness. As a result, the concept of a driver sleep alert system is becoming increasingly popular.
These days, most cars come standard with some sort of driver alert system, either as a standalone feature or as part of a larger suite of safety features known as an advanced driver assistance system (ADAS). It's meant to work in tandem with, rather than replace, the driver's own sense of alertness, serving as a gentle nudge when the going gets tough or a gentle reminder when drowsiness sets in. Road safety is receiving a lot of attention from governments and authorities all over the world. There are a variety of driver alert systems, including those that notify the driver of potential hazards such lane departure, front collision, blind spot, and weariness.
Adaptive driver-assistance systems (ADAS) encompass a wide variety of technological aids for motorists that aim to boost road safety. Common components of such systems are blind spot detection, adaptive cruise control, lane departure warning, and forward collision warning. The use of advanced driver assistance systems (ADAS) is increasing in today's cars. Drivers are becoming accustomed to these systems and the help they provide. However, the purpose of ADAS is not to replace drivers, but rather to enhance their performance and boost safety.
Companies in the Driver Alert Systems industry are making plans to increase their market share by, among other things, emphasising their unique selling propositions (USPs), expanding their product line, and including more appealing options. The study provides in-depth profiles of leading firms in the Driver Alert Systems value chain, including an analysis of their current and future plans. The Driver Alert Systems supply chain was interrupted in 2020 due to lockdowns around the world, and these restrictions will likely continue into 2021. Driver Alert Systems Market players may anticipate to face stiff competition, price swings, and changing OEM preferences over the next few years.
Report Coverage
Global Driver Alert System research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Driver Alert System report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Driver Alert System competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Driver Alert System market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Driver Alert System market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Driver Alert System market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Continental AG, Daimler AG, Delphi Technologies, Denso Corporation, Faurecia SE, Ford Motor Company, Hella GmbH & Co. KGaA, Infineon Technologies AG, Johnson Controls Inc., Magna International Inc., Magneti Marelli S.p.A., Nissan Motor Co. Ltd., Robert Bosch GmbH, STONKAM Co. Ltd., Tata Elxsi, Valeo SA, Visteon Corporation, and ZF Friedrichshafen AG.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Driver Alert System market based on the below-mentioned segments:
Global Driver Alert System Market, By Type
Lane Departure Warning (LDW)
Forward Collision Warning (FCW)
Blind Spot Detection (BSD)
Driver Fatigue Monitoring (DFM)
Pedestrian Detection
Traffic Sign Recognition
Others
Global Driver Alert System market, By Application
Camera
Sensor
Electronic Control Unit (ECU)
GPS
Microphone
Others
Global Driver Alert System Market, By End User
Private Vehicle Owners
Commercial Fleets
Government Bodies
Rental Car Companies
Others
Global Driver Alert System market, Regional Analysis
A driver alert system, also known as a drowsiness detection system or fatigue warning system, is a piece of equipment that monitors the driver's state of consciousness and sounds an alarm or sends a message to the driver if it detects any signs of sleepiness or exhaustion. The technology employs a number of sensors and algorithms to analyse driving habits like lane-keeping, acceleration, and braking to evaluate driver alertness.
Accidents induced by drowsy driving are especially deadly because they affect the driver's reaction time, decision making, and general cognitive function. The system often issues auditory, visual, and tactile notifications to the driver when it detects signs of fatigue or inattention, encouraging them to take a break, rest, or perform other activities to regain focus and alertness. As a result, the concept of a driver sleep alert system is becoming increasingly popular.
These days, most cars come standard with some sort of driver alert system, either as a standalone feature or as part of a larger suite of safety features known as an advanced driver assistance system (ADAS). It's meant to work in tandem with, rather than replace, the driver's own sense of alertness, serving as a gentle nudge when the going gets tough or a gentle reminder when drowsiness sets in. Road safety is receiving a lot of attention from governments and authorities all over the world. There are a variety of driver alert systems, including those that notify the driver of potential hazards such lane departure, front collision, blind spot, and weariness.
Adaptive driver-assistance systems (ADAS) encompass a wide variety of technological aids for motorists that aim to boost road safety. Common components of such systems are blind spot detection, adaptive cruise control, lane departure warning, and forward collision warning. The use of advanced driver assistance systems (ADAS) is increasing in today's cars. Drivers are becoming accustomed to these systems and the help they provide. However, the purpose of ADAS is not to replace drivers, but rather to enhance their performance and boost safety.
Companies in the Driver Alert Systems industry are making plans to increase their market share by, among other things, emphasising their unique selling propositions (USPs), expanding their product line, and including more appealing options. The study provides in-depth profiles of leading firms in the Driver Alert Systems value chain, including an analysis of their current and future plans. The Driver Alert Systems supply chain was interrupted in 2020 due to lockdowns around the world, and these restrictions will likely continue into 2021. Driver Alert Systems Market players may anticipate to face stiff competition, price swings, and changing OEM preferences over the next few years.
Report Coverage
Global Driver Alert System research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Driver Alert System report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Driver Alert System competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Driver Alert System market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Continental AG, Daimler AG, Delphi Technologies, Denso Corporation, Faurecia SE, Ford Motor Company, Hella GmbH & Co. KGaA, Infineon Technologies AG, Johnson Controls Inc., Magna International Inc., Magneti Marelli S.p.A., Nissan Motor Co. Ltd., Robert Bosch GmbH, STONKAM Co. Ltd., Tata Elxsi, Valeo SA, Visteon Corporation, and ZF Friedrichshafen AG. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Driver Alert System Market from 2021 to 2030.
- Market Forecast for Driver Alert System Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Driver Alert System competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Driver Alert System
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Driver Alert System market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Driver Alert System market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Continental AG, Daimler AG, Delphi Technologies, Denso Corporation, Faurecia SE, Ford Motor Company, Hella GmbH & Co. KGaA, Infineon Technologies AG, Johnson Controls Inc., Magna International Inc., Magneti Marelli S.p.A., Nissan Motor Co. Ltd., Robert Bosch GmbH, STONKAM Co. Ltd., Tata Elxsi, Valeo SA, Visteon Corporation, and ZF Friedrichshafen AG.
Primary Target Market
- Market Players of Driver Alert System
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Driver Alert System market based on the below-mentioned segments:
Global Driver Alert System Market, By Type
Lane Departure Warning (LDW)
Forward Collision Warning (FCW)
Blind Spot Detection (BSD)
Driver Fatigue Monitoring (DFM)
Pedestrian Detection
Traffic Sign Recognition
Others
Global Driver Alert System market, By Application
Camera
Sensor
Electronic Control Unit (ECU)
GPS
Microphone
Others
Global Driver Alert System Market, By End User
Private Vehicle Owners
Commercial Fleets
Government Bodies
Rental Car Companies
Others
Global Driver Alert System market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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