Global Driver State Monitoring Systems Market 2015-2019
About driver state monitoring system
Driver state monitoring system is an in-vehicle tool that analyzes driver state while driving. It is an electronic system used in automobiles that works based on parameters regarding measuring inactiveness, drowsiness, or fatigue. Driver state monitoring system is mainly used in luxury cars (due to its high cost). It is also use in high-end trucks and HCVs where drivers drive for long hours. The system works with a camera installed facing toward driver, capturing features of driver face and eye to detect drowsiness.
Technavio's analysts forecast the global driver state monitoring system market to grow at a CAGR of 22.86% over the period 2014-2019.
Covered in this report
Technavio's report, Global Driver State Monitoring System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the America, APAC, and Europe. It also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Automotive Driver State Monitoring Systems Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Automotive Driver State Monitoring Systems Market: Continental, Seeing Machines, Tobii, Takata and Aisin Seiki
Other Prominent Vendors in the market are: Delphi Autoliv, Hyundai mobis, Ficosa, Denso, and Magna International.
Commenting on the report, an analyst from Technavio’s team said: “Vehicle insurance providers are adopting a driver state monitoring module to monitor driver state in terms of the driver's efficiency in driving, thereby fixing the premium for the insurance. The term used is usage based pay or pay as you drive. A shift by insurance companies toward usage based pay is actually impacted by drivers who are inviting insurance companies to ride along and monitor their driving.”
According to the report, automobile safety is evolving as an important feature for both customers and vehicle manufacturers. There are several safety systems available in the market such as BSD, lane departure warning, parking assist, and DSMS. Though the cost of these systems is high, with the increasing demand from customers for these products, innovation and researches have been actively exploring means to reduce the cost of DSMS.
Further, the report states that because of the technology and products used in the system like infrared cameras, sensors, and complex image algorithms, the purchase and installation of DSMS is very expensive, which makes it limited to luxury vehicles and unavailable for mid-segment vehicles.
Continental, Seeing Machines, Tobii, Takata, Aisin Seiki, Delphi Autoliv, Hyundai mobis, Ficosa, Denso, Magna International.