Outlook on the Drowsiness Monitors Global Market to 2030 - Increase in Automotive Production Levels Favors Market Growth
Global Market for Drowsiness Monitors
Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Drowsiness Monitors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Drowsiness Monitors estimated at US$1.8 Billion in the year 2022, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 9.6% over the analysis period 2022-2030.
Sensors, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$1.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Testing Equipment segment is readjusted to a revised 9.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $531.5 Million, While China is Forecast to Grow at 9% CAGR
The Drowsiness Monitors market in the U.S. is estimated at US$531.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$653.6 Million by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 8.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.
Select Competitors (Total 24 Featured) -
Ford Motor Company
Robert Bosch GmbH
Seeing Machines Limited
Tobii Technology AB
Volvo Car Corporation
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Safety Gains Prime Importance in Vehicle engineering
Recent Market Activity
Implying the Need for Drowsiness Monitors
Road Crash Statistics Worldwide - In a Nutshell
A Quick Glance at Road Crash Stats in the US
Consumer Awareness and Perceptions Regarding Safety
Regulations on Road Safety: Influencing Market Growth
Need for Standardizing Functionalities and Warning Signals of Drowsiness Monitors
Integration with Human-Machine Interface to Benefit Market Acceptance
Developments in Automotive Safety Systems Transforming Driving Experience
Developed Nations to Lead the Market Growth
Peek into the Available Driver Alert Systems
Driver Alert Systems from Leading Auto Manufacturers
Drowsiness Monitors - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Growing Role of Electronics in Automotives: Positive Indicator for Drowsiness Monitors
Drowsiness Alerts to Keeping Driver Awake
Increase in Automotive Production Levels Favors Market Growth
Sleep Disorders: Role in Drowsy Driving-related Accidents
Smart Seats for Detection of Drowsy Driving
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/a57kdj
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