The Europe Driver Monitoring Systems Market would witness market growth of 8.2% CAGR during the forecast period (2023-2029).
Monitoring for driver alertness and distraction, driver weariness, drunk driving, and identity recognition are the four primary subcategories of driver monitoring systems. For instance, the goal of the driver fatigue monitoring system is to properly forecast and identify the circumstances that contribute to driver fatigue. But also, to alert them so that they may pull over to the side of the road and take any other actions required to assure their overall security and the safety of other drivers on the road.
This is done to ensure everyone's safety on the road. Various components are at play, including inside sensors, cameras, and other parts. Original Equipment Manufacturers (OEMs) and MROs (Maintenance Repair and Overhaul) are becoming increasingly active in the research and development of cutting-edge detecting technologies for use by drivers of motor vehicles.
The demand for driver monitoring is increasing in both the passenger and commercial vehicle sectors. It has been observed that drivers are often working extended hours, exceeding the recommended or stipulated limit. Driver fatigue and drowsiness are significant factors that can cause accidents. The monitoring of driver behavior has become a top priority for the development of future vehicles due to the increasing safety concerns surrounding driver distractions, intoxication, drowsiness, and aggravated mental states.
The United Kingdom is committed to achieving one of the fastest vehicle transitions among the G7 nations, as outlined in the "Transition to zero-emission cars and vans: 2035 delivery plan". Starting in 2035, all newly manufactured cars and vans must adhere to zero-emission standards at the tailpipe. The proposed £2.8 billion package aimed at supporting vehicle phase-out dates is expected to boost the demand for zero-emission vehicles. The high production of vehicles in the region, joined with the growing adoption of electric cars, will surge the utilization of safety systems like driver monitoring to ensure a safe dive experience and meet government standards for vehicle safety, thus propelling the market growth in Europe.
The Germany market dominated the Europe Driver Monitoring Systems Market by Country in 2022; thereby, achieving a market value of $253.9 million by 2029. The UK market is exhibiting a CAGR of 7.3% during (2023 - 2029). Additionally, The France market would experience a CAGR of 9% during (2023 - 2029).
Based on Vehicle Propulsion, the market is segmented into ICE Vehicles and Electric Vehicles. Based on the Sales Channel, the market is segmented into OEM and Aftermarket. Based on Component, the market is segmented into Sensors, Cameras, and Others. Based on Type of Monitoring, the market is segmented into Driver State Monitoring and Driver Health Monitoring. Based on Vehicle type, the market is segmented into Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Driver Monitoring Systems Market is Projected to reach USD 3.4 Billion by 2029, at a CAGR of 9.6%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Continental AG, Denso Corporation, Robert Bosch GmbH, NXP Semiconductors N.V., Panasonic Holdings Corporation, ZF Friedrichshafen AG, Intel Corporation, Hitachi, Ltd., Valeo SA and Renesas Electronics Corporation
By Vehicle Propulsion
By Sales Channel
By Component
By Type of Monitoring
By Vehicle Type
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 