Automotive Active Health Monitoring System Market

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Automotive Active Health Monitoring System Market to Witness an Outstanding Growth during 2020 – 2030 By ajinkya

January 24, 2022

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According to the report, the global automotive active health

monitoring system market is projected to reach ~US$ 10 Bn by 2030, expanding at a CAGR of 32% during the forecast period. The global automotive active health monitoring system market is likely to expand at a CAGR of 32%. Rise in demand for safety features in vehicles and initiatives by governments and OEMs in driver health monitoring are boosting the usage of active health monitoring system, which is anticipated to augment the global automotive active health monitoring system market during the forecast period. Several OEMs are focusing on the research and development of active health monitoring system in terms of its location under the driver’s seat. Hence, it is likely to be introduced before the dashboard health monitoring system. The dashboard segment is projected to expand at a higher growth rate due to the dashboard active health monitoring system’s integration in the vehicle and combination with other technologies such as active drowsiness system, as it is it is highly costeffective, as compared to the seat type active health monitoring system. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample. php?flag=S&rep_id=47103 Expansion of Automotive Active Health Monitoring System Market The expansion of the market can be attributed to an increase in chronic illness across the globe, owing to unhealthy lifestyle, poor diet, and increase in stress level. The leading cause of death in the U.S. is chronic diseases. In 2012, 117 million people had one or more chronic health conditions, and one in four adults had two or more chronic health conditions. Likewise, in Europe, chronic diseases is a major cause of road accidents-related mortality. According to the World Health Organization, in Europe, more than one-third of the population above the age of 15 has chronic disease. Major OEMs, such as Audi, BMW, Mercedes, Ford, Volkswagen, and Volvo, are taking

as Audi, BMW, Mercedes, Ford, Volkswagen, and Volvo, are taking initiatives in driver health monitoring by providing features, such as driver attention and drowsiness detection, by using driving inputs, cameras, and biomedical sensors. These factors are likely to propel the active health monitoring system market during the forecast period. The dashboard health monitoring system has comparatively more components; hence, it is more expensive. However, the dashboard segment is likely to expand at a rapid pace due to higher functionality provided by the system. Consequently, the dashboard segment is likely to dominate the automotive active health monitoring system market during the forecast period. In terms of vehicle type, the passenger vehicle segment is expected to dominate automotive active health monitoring system market. Passenger vehicle is a highly lucrative segment and is projected to account for a higher share of the market, owing to the higher rate of adoption and vehicles transitioning toward ride safety. The automotive active health monitoring system is still in the testing and introduction phase, which is expected to witness significant adoption due to a rise in safety and security concerns. Regional Analysis of Automotive Active Health Monitoring System Market In terms of region, Europe is expected to be a highly attractive market by the end of 2021, in terms of revenue, followed by North America and Asia Pacific. North America is likely to hold a prominent share of the market during the forecast period, owing to the higher implementation of the active health monitoring systems in vehicles in the U.S. People in North America and Europe are facing health issues such as obesity, high/low blood pressure, diabetes, and they need a system that is likely to monitor the vital health signs of an individual. Prominent players operating in the global automotive active health monitoring system market include Faurecia, TATA Elxsi, and Plessey Semiconductors. Major OEMs such as Audi, BMW,

Plessey Semiconductors. Major OEMs such as Audi, BMW, Mercedes, Ford, Volkswagen, and Volvo are taking initiatives in driver health monitoring by providing features, such as driver attention and drowsiness detection, by using driving inputs, cameras, and biomedical sensors. Global Automotive Active Health Monitoring System Market: Segmentation Automotive Active Health Monitoring System Market, by Location Car Seat Dashboard Automotive Active Health Monitoring System Market, by Component Sensors Others Automotive Active Health Monitoring System Market, by Application Pulse Blood Sugar Level Blood Pressure Others Automotive Active Health Monitoring System Market, by Deployment On-premise Cloud-based Automotive Active Health Monitoring System Market, by Vehicle Type Passenger Vehicle

Hatchback Sedan SUV Commercial Vehicle Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=47103&ltype=S Automotive Active Health Monitoring System Market, by Region North America Europe Asia Pacific Middle East & Africa Latin America About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Transparency Market Research Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com

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Automotive Active Health Monitoring System Market

Published on May 3, 2022

Abhinav Singh

The automotive industry has evolved at a rapid pace over the past couple of decades. With significant advancements in vehicle automation and artificial intelligence (AI), connected and automated vehicles (CAV) are likely to play an important role in the current and next-generation urban transportation systems. Within the automotive sector, an array of institutions, including universities, public agencies, and major companies are working in tandem with each other to explore the potential benefits of these technologies in the automotive sector. Over the past few years, automotive active health monitoring systems have gained significant popularity and the trend is set to continue during the forecast period.