Stringent regulations from government regarding driver’s safety and growing concerns regarding road accidents have surge the demand for the driver safety technologies. Increasing road accident has made the manufacturer to work on the automotive safety & technologies to prevent the accidents.
With the introduction of new technologies such as driver alertness detection system, electronic stability control (ESC), and others has contributed in the growth of the driver safety market. These technologies tackle the safety issues and various causes such as driver’s distraction caused by tiredness and drowsiness and have helped to lower down the road accidents in the recent times.
Moreover, Truck drivers who are only permitted to drive in the dark night and involves dangerous route. These factors significantly contribute to driver fatigue and distraction which can result in accidents hence in turn is expected to increase the demand for driver fatigue and distraction monitoring systems amongst the commercial vehicles.
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Key Players of Driver Safety Market:
- Denso Corporation
- Robert Bosch GmbH
- Continental AG
- Magna International Inc.
- Valeo S.A.
- Tobii AB
- Seeing Machines
- Infineon Technologies AG
- Optalert PTY Ltd
- Smart Eye AB
- Report Prologue
2.2. Scope of the Study
2.2.1. Research Objective
2.3. Market Structure
2.4. Market Segmentation
- Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
- Market Dynamics
4.1. Drivers & Opportunities
4.2. Challenges & Restraints
4.3. Value Chain Analysis
4.4. Porter’s Five Forces Analysis
- Driver Safety Market, By Type
5.2. Driver Alertness Detection System
5.3. Vehicle-To-Vehicle Communication
5.4. Electronic Stability Control
5.6. Pressure/Angle Steering Sensor
5.7. Lane Departure Warning
Asia-Pacific is the major regions for the Driver Safety Market. Asia-Pacific is expected to show significant growth in driver safety market.
Government regulations regarding safety, increasing competition in the automotive industries have led manufacturers to adopt the safety technologies which in turn will boost the Driver Safety Market. North America and Europe will show the static growth for the driver safety market as the driver safety market is already established in the region due to safety awareness and concerns for the road safety.
- Government and research organization
- Manufacturers of Driver safety
- Traders, distributors, and driver safety suppliers
- Investment bankers and M&A Consultants
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