Market Research Future (MRFR) has published and released a research report about the global driver safety market that predicts growth for this market between 2016 and 2022. Observing the market structure, this report evaluates the future growth potential of the market. It observes the strategies of the key players in the market and follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.
Driver Safety Key Companies Market Analyzed For this report are:
The key players of Global Driver safety Market report include- Denso Corporation, Robert Bosch GmbH, Continental AG, Magna International Inc., Valeo S.A., Tobii AB, Seeing Machines, Infineon Technologies AG, Optalert PTY Ltd, and Smart Eye AB.
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The key factors that drive the growth of this market include growing concerns regarding road accidents, growing demand for the driver safety technologies, the introduction of new technologies, and stringent regulations from the government regarding driver’s safety. The global driver safety market has been segmented on the basis of type, vehicle type, and region. By types, this market has been segmented into driver alertness detection system (DADS), electronic stability control (ESC), eye-tracking/blink-monitoring, lane departure warning (LDW), pressure/angle steering sensor, vehicle-to-vehicle communication, and others. The new technologies can tackle various causes such as the driver’s distraction caused by drowsiness and tiredness. They have also helped to reduce the number of road accidents in the recent times. The segmentation on the basis of vehicle types segments the market into passenger vehicles and commercial vehicles.
Regional Overview Of Driver Safety Market For Automotive:
The global Driver Safety market is segmented on the basis of geography in the regions of Asia Pacific, North America, Europe, and the Middle East & Africa.
The regional segmentation of the global driver safety market segments the market into continent-based regional markets called North America, Europe, Asia Pacific, and the rest of the world (RoW). During the forecast period, the Asia Pacific region is expected to rise as the dominating regional market in the global driver safety market during the forecast period. In the region, the market is being driven by factors including increasing competition in the automotive industries, increasing adoption of safety features, and an increase in government regulations regarding safety. In this region, the most important country-specific markets are China, India, and Japan, followed by the rest of the Asia Pacific region.
Markets in North America and Europe are expected to show the static growth because the driver safety market has already been established in these regions due to safety awareness, strict traffic rules, and concerns for the road safety. In North America, due to technological advancement, many advanced cars with elaborate driver security system are available in the market. Many key players in this market are also based in the United States of America (USA) which is the strongest economy in North America. Support from the government also helps car manufacturers to develop driver security technologies. Other important country-based markets in North America are Canada and Mexico. During the forecast period, Europe is expected to emerge as the third largest market. Germany is the biggest country-specific market in this region due to increase safety concern for the driver and passenger. Other important country-specific markets in this region are France, Spain, and the United Kingdom (UK), followed by the rest of Europe.
Driver safety Market Segmentation by Type (Driver Alertness Detection System, Vehicle-to-Vehicle Communication, Electronic Stability Control (ESC), Eye-Tracking/Blink-Monitoring, Pressure/Angle Steering Sensor, Lane Departure Warning, and Others), by Vehicle Type (Passenger, and Commercial), and by Region – Forecast to 2022.
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Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
List Of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
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