Driver Monitoring System (DMS) Market Huge Growth Opportunity by Trend 2019-2026
Market Summary The global Driver Monitoring System (DMS) market was valued at USD 987 million in 2018 and is projected to witness a growth of 12.3% of CAGR during the forecast period in 2026. Anticipated growth over the forecast period in the DMS market is majorly driven by development in the autonomous and connected cars, increasing need to reduce road accident fatalities, technological advancements in the overall automotive industry and increasing awareness and expectations about safe driving from the customers. To bring down the road fatalities, governments of many countries are imposing stringent rules and regulations around the safety of drivers, passengers and pedestrian. Further key findings from the report suggest : • Region and country-wise assessment from the period 2016-2026. For the study, 20162017 has been utilized as historical data, 2018 as the base year, and 2019-2026, has been derived as forecasts for the Driver Monitoring System (DMS) market. • 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 in the Driver Monitoring System (DMS) industry www.reportsanddata.com
Key Players: Faurecia, Tata Elxsi, Aptiv PLC, Johnson Controls Inc, Magneti Marelli, Valeo, Continental, Bosch, Visteon, Denso and others.
Segmentation: • Driver Monitoring System (DMS) by Monitoring Type (Revenue, USD Million; 2016–2026) ➢ Driver State Monitoring ➢ Driver Health Monitoring • Driver Monitoring System (DMS) by Component (Revenue, USD Million; 2016–2026) ➢ Interior Camera ➢ Sensors ➢ Others • Driver Monitoring System (DMS) by Instrument (Revenue, USD Million; 2016–2026) ➢ Hardware ➢ Software • Driver Monitoring System (DMS) by Vehicle Types (Revenue, USD Million; 2016–2026) ➢ Passenger Vehicles ➢ Commercial Vehicles
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Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea)
• Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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The report emphasizes the following key questions: • Q.1.
What are the most lucrative and promising growth prospects for the market?
• Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement?
• Q.3.
Which geographies are estimated to exhibit the highest growth and the underlying causes?
• Q.4.
Which factors are impacting the future of the market and what are the driving factors?
• Q.5.
What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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