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Driver Alert Systems Market Outlook

Driver Alert Systems - Global Market Outlook (2019-2027)

4.8 (17 reviews)
Published: October 2020 ID: SMRC20018
4.8 (17 reviews)
Published: October 2020 ID: SMRC20018

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Driver Alert Systems Market is expected to grow at a CAGR of 17.0% during the forecast period. Growing concern of driver safety due to the increasing number of the accident and adoption of the advanced safety technologies in the automotive industry are the major factors driving the market growth. However, the high cost of the system is restraining the market growth. Moreover, advent of semi-autonomous vehicles would provide ample opportunities for the market growth.

 

Driver Alert Systems - Global Market Outlook (2019 -2027)

 

Driver alert system is designed to reduce the drowsy or fatigued of the driver to avoid the road accident.  Both fatal and non-fatal crashes take place during the night time and early morning hours when the driver is less alert for which driver alert systems are required.

Based on alert, the steering and seat vibration segment is likely to have a huge demand as it is an emerging technology among vehicles, and the penetration of this alert system is expected to increase in super luxury vehicles, as it is an expensive technology as compared to sound alert and other available systems. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the high production of vehicles, and rising demand for premium and luxury vehicles in developing countries across the region. 

Some of the key players profiled in the Driver Alert Systems Market include Continental AG, Daimler AG, Delphi, Denso Corporation, Faurecia, Ford Motor Company, Infineon Technologies AG, Johnson Controls Inc, Magna International Inc, Magneti Marelli S.p.A., Nissan Motor Co Ltd, Robert Bosch GmbH, Tata Elxsi, Valeo SA, Visteon Corporation and ZF Friedrichshafen AG. 

Alerts Covered:
• Sound Alert/ Audible Alarm
• Steering & Seat Vibration

Components Covered:
• Cameras
• Sensors    

Types Covered:
• Drowsiness
• Drunk Driving
• Fatigue

Propulsions Covered:
• Diesel
• Electric
• Gasoline
• Hybrid

Vehicles Covered:
• Passenger Vehicles
• Commercial Vehicles    

Suppliers Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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