The Latin America, Middle East and Africa Driver Monitoring Systems Market would witness market growth of 15.3% CAGR during the forecast period (2023-2029).
The Driver Monitoring Systems market is expected to experience growth due to the increasing need for road safety in automobiles, particularly concerning driver attentiveness and the strict government regulations surrounding driver monitoring. The market is also influenced by a rise in road accidents. The automotive industry has prioritized passenger and driver safety by implementing safety measures like a driver monitoring system.
Additionally, government regulations mandating the use of these safety devices have contributed to market growth. Individuals tend to alter their conduct merely by being aware of being under observation. DMS offers driver monitoring tools to enhance driver self-awareness of their behavior. Having safer drivers results in a reduction in accidents, which in turn helps to mitigate insurance-related concerns. A potential benefit is reducing accident-related issues, including vehicle damage, delays, and associated costs. DMS technology provides real-time access to fleet information by utilizing vehicle monitoring devices, such as GPS-integrated cameras, such benefits are expected to surge the market growth.
Frequent maintenance may be necessary for trucks that experience sharp braking, rapid accelerations, rough turns, or other comparable driving habits. But DMS can offer valuable data for analyzing driver behavior and routes, enabling the development of fuel reduction and downtime avoidance strategies, which can also decrease the requirement of frequent vehicle maintenance. Simultaneously, some DMS endeavors prioritize eco-friendliness and optimize productivity.
The rise in business and investments resulting from increased migration from neighbouring countries is expected to drive sales of light commercial vehicles. Meanwhile, sales of heavy commercial vehicles will be sustained by the ongoing infrastructure and construction projects. In addition, the bus and minibus industry in the UAE is expected to experience positive growth due to the rise in tourism and hospitality activities and an increase in demand from construction workers. Thus, with the increasing automotive sector and the high spending power of the region, the adoption of the driver monitoring system for safer driving is expected to surge the market in the region.
The Brazil market dominated the LAMEA Driver Monitoring Systems Market by Country in 2022; thereby, achieving a market value of $81.1 million by 2029. The Argentina market is showcasing a CAGR of 15.9% during (2023 - 2029). Additionally, The UAE market would register a CAGR of 15% during (2023 - 2029).
Based on Vehicle Propulsion, the market is segmented into ICE Vehicles and Electric Vehicles. Based on 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
Scope of the Study
Market Segments Covered in the Report:
By Vehicle Propulsion
- ICE Vehicles
- Electric Vehicles
By Sales Channel
By Component
By Type of Monitoring
- Driver State Monitoring
- Driver Health Monitoring
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Continental AG
- Denso Corporation
- Robert Bosch GmbH
- NXP Semiconductors N.V.
- Panasonic Holdings Corporation
- ZF Friedrichshafen AG
- Intel Corporation
- Hitachi, Ltd.
- Valeo SA
- Renesas Electronics Corporation
TABLE 1 LAMEA Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Driver Monitoring Systems Market
TABLE 4 Product Launches And Product Expansions– Driver Monitoring Systems Market
TABLE 5 Acquisition and Mergers– Driver Monitoring Systems Market
TABLE 6 Geographical expansions – Driver Monitoring Systems Market
TABLE 7 Business expansions – Driver Monitoring Systems Market
TABLE 8 LAMEA Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 9 LAMEA Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 10 LAMEA ICE Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA ICE Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 12 LAMEA Electric Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Electric Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 14 LAMEA Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 15 LAMEA Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 16 LAMEA OEM Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA OEM Market by Country, 2023 - 2029, USD Million
TABLE 18 LAMEA Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Aftermarket Market by Country, 2023 - 2029, USD Million
TABLE 20 LAMEA Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 21 LAMEA Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 22 LAMEA Sensors Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Sensors Market by Country, 2023 - 2029, USD Million
TABLE 24 LAMEA Cameras Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Cameras Market by Country, 2023 - 2029, USD Million
TABLE 26 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 28 LAMEA Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 29 LAMEA Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 30 LAMEA Driver State Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Driver State Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 32 LAMEA Driver Health Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Driver Health Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 34 LAMEA Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 35 LAMEA Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 36 LAMEA Passenger Cars Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Passenger Cars Market by Country, 2023 - 2029, USD Million
TABLE 38 LAMEA Light Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Light Commercial Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 40 LAMEA Heavy Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA Heavy Commercial Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 42 LAMEA Driver Monitoring Systems Market by Country, 2019 - 2022, USD Million
TABLE 43 LAMEA Driver Monitoring Systems Market by Country, 2023 - 2029, USD Million
TABLE 44 Brazil Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 45 Brazil Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 46 Brazil Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 47 Brazil Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 48 Brazil Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 49 Brazil Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 50 Brazil Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 51 Brazil Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 52 Brazil Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 53 Brazil Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 54 Brazil Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 55 Brazil Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 56 Argentina Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 57 Argentina Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 58 Argentina Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 59 Argentina Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 60 Argentina Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 61 Argentina Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 62 Argentina Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 63 Argentina Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 64 Argentina Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 65 Argentina Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 66 Argentina Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 67 Argentina Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 68 UAE Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 69 UAE Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 70 UAE Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 71 UAE Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 72 UAE Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 73 UAE Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 74 UAE Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 75 UAE Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 76 UAE Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 77 UAE Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 78 UAE Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 79 UAE Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 80 Saudi Arabia Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 81 Saudi Arabia Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 82 Saudi Arabia Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 83 Saudi Arabia Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 84 Saudi Arabia Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 85 Saudi Arabia Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 86 Saudi Arabia Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 87 Saudi Arabia Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 88 Saudi Arabia Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 89 Saudi Arabia Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 90 Saudi Arabia Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 91 Saudi Arabia Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 92 South Africa Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 93 South Africa Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 94 South Africa Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 95 South Africa Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 96 South Africa Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 97 South Africa Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 98 South Africa Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 99 South Africa Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 100 South Africa Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 101 South Africa Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 102 South Africa Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 103 South Africa Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 104 Nigeria Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 105 Nigeria Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 106 Nigeria Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 107 Nigeria Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 108 Nigeria Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 109 Nigeria Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 110 Nigeria Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 111 Nigeria Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 112 Nigeria Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 113 Nigeria Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 114 Nigeria Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 115 Nigeria Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 116 Rest of LAMEA Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 117 Rest of LAMEA Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 118 Rest of LAMEA Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 119 Rest of LAMEA Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 120 Rest of LAMEA Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 121 Rest of LAMEA Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 122 Rest of LAMEA Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 123 Rest of LAMEA Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 124 Rest of LAMEA Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 125 Rest of LAMEA Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 126 Rest of LAMEA Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 127 Rest of LAMEA Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 128 Key Information – Continental AG
TABLE 129 Key Information – NXP Semiconductors N.V.
TABLE 130 Key Information – Intel Corporation
TABLE 131 key information – Robert Bosch GmbH
TABLE 132 Key Information – Panasonic Holdings Corporation
TABLE 133 Key Information – Hitachi, Ltd.
TABLE 134 key information – Renesas Electronics Corporation
TABLE 135 Key Information – ZF Friedrichshafen AG
TABLE 136 key information – Denso Corporation
TABLE 137 key information – Valeo SA
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Recent strategies and developments: Continental AG
FIG 5 SWOT Analysis: Continental AG
FIG 6 Swot analysis: NXP semiconductors N.V.
FIG 7 SWOT analysis: Intel corporation
FIG 8 Swot analysis: Robert Bosch GmbH
FIG 9 SWOT Analysis: Panasonic Holdings Corporation
FIG 10 SWOT Analysis: Hitachi, ltd.
FIG 11 Recent strategies and developments: Renesas Electronics Corporation
FIG 12 Recent strategies and developments: ZF Friedrichshafen AG