Driver Alert Warning System Market Scenario – The Competition Is Rising | Chrysler, Tesla, Volkswagen
Research Reports
Jan 06, 2022
Latest business intelligence report released on Global Driver Alert Warning System Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Driver Alert Warning System market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
Ford Motor Company (United States), Toyota Motor Corporation (Japan), Infiniti (Hong Kong), Mercedez-Benz (Germany), General Motors (United States), Chrysler (United States), Honda Motor Company Ltd. (Japan), Hyundai Motor Company (South Korea), Volvo Car Corporation (Thailand), Tesla, Inc. (United States), Volkswagen AG (Germany)
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Brief Overview on Driver Alert Warning System:
The driver alert and warning system provide a solution for reducing the probability of a drowsy or fatigued driver to cause an accident because of lethargic actions or nodding off. These systems are designed so as to detect the indicative signs whether a driver is drowsy or impaired, and then provides an alert or warning sign accordingly for taking some corrective actions. Every system uses a different method of detecting and correcting, but all of them have the same general purpose. The driver alert and warning system continuously monitors the driving behavior and is designed so as to detect any changes which could be caused due to fatigue. The system uses a forward-looking camera for monitoring the vehicle position in the lane and also for calculating the vigilance level of the driver. If the system identifies a less vigilance level, then a warning icon appears, suggesting taking a break. If the driving alertness is declined furthermore, then a message is repeated which is combined with a chime. This system depends upon the response of the driver towards the warnings and thereafter taking sufficient breaks. Researches have found that fatigued and drowsy drivers have been suffering from slower reaction times and a large number of fatal and non-fatal crashes occur during the night and early morning hours when the drivers are the least alert. Hence it is quite reasonable for assuming that a general increase in the alertness of the drivers could potentially save lives. While a study also concluded that getting adequate sleep and having proper education regarding the dangers of drowsy driving is one of the best solutions to this problem, but the reality is that drowsy and impaired drivers are behind the wheel day after day. For such kind of drivers, it is very essential to have an effective driver alert and warning system that can easily make a difference between an uneventful driving and a catastrophic accident.
Key Market Trends:
Increasing Popularity of Autonomous Vehicles
Emphasizing On Development of Safety-Related Systems
Opportunities:
Growing Luxury Cars Market
Increasing Demand from the Developing Economies
Market Growth Drivers:
Growing Need to Improve Driver Safety in the Automotive Industry
Stringent Government Regulations Regarding Driver Safety
Challenges:
Concern towards Vehicle Accidents and Privacy
Required High Compromised In Accuracy
Segmentation of the Global Driver Alert Warning System Market:
by Type (Sleep Detection and Warning System, Lane Departure Warning System, Driver Drowsiness Detection, Driver Fatigue Monitoring System), Application (Passenger Cars, Commercial Vehicles (LCV, HCV), Luxury Cars), Components (Hardware, Software), Sensor Type (Video, Laser, Infrared), Analyzing Components (Millimeter-Wave Radar Sensor, Laser Radar Sensor, Vision Sensor, Driving Assist Electronic Control Unit, Sonar Sensor, Seatbelt ECU, Others), Vehicle Type (IC Engine Vehicles, Electric/Battery Vehicles), Sales Channel (OEM, Aftermarket), Technology Used (Eye-Tracking, Facial Expressions, Heart Rate-Monitoring, Driver Alert System, Steering Angle Sensor (SAS), Lane Departure System, Others)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2027 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Driver Alert Warning System Market Study
Chapter 1: Exclusive Summary of the Driver Alert Warning System market
Chapter 2: Objective of Study and Research Scope the Driver Alert Warning System market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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