Report Code: A10763 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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The drive alert system is designed to prevent accidents due to driver error, drowsiness, and distractions. The lane departure system evaluates the position of the vehicle with the help of a camera fixed on the windshield and position the vehicle with respect to the road lane. The advent of advanced driver assistance systems (ADAS) and consistent developments at the technological front have laid the foundation for the growth of the driver alert systems market. Technological innovations in the automobile industry are continuously resulting in adding new features to automobiles to reduce road accidents and increase driving safety. The driver alert systems were initially introduced in luxury or high-end vehicles. However, with a significant rise in the number of road deaths, automakers have turned their focus toward integrating advanced driver alert systems in small- and medium-sized cars as well. Further, the attention assists feature tracks the driver’s interaction with various controls of the vehicle and alert the driver if drowsiness or fatigue is detected.  The driver alert warning system provides visual, vibrational, and audible warnings to the driver whenever the vehicle moves out of the lane. Hence, increasing concern of safety across the globe is expected to boost the driver alert warning system market.
Market scope and structure analysis
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Type, Vehicle Type, and End User |
 Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) |
 Companies covered | Continental AG, Delphi, STONAKM CO. LTD., Magna International Inc., Daimler AG, DENSO Corporation, Infineon Technologies AG, HELLA GmbH & Co. KGaA, Robert Bosch GmbH, Ford Motor Company, and Johnson Controls Inc. |
COVID-19 scenario analysis
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Some of the factors that boost the market growth are increase in the number of road accidents and automakers striving to enhance road safety and prevent accidents. However, data protection & privacy concerns, stringent regulatory compliance, and infrastructural challenges are likely to hamper the driver alert systems market during the forecast period. Conversely, vendors are continuously focusing on developing low-cost driver attention alert systems, which is expected to offer new lucrative opportunities during the forecast period.
The driver alert warning system market trends are as follows:
Increase in the number of road accidents
Technological innovations in the automobile industry are continuously resulting in adding new features to automobiles to reduce road accidents and increase safety. In addition, the increasing number of fast-moving vehicles on the road and the development of highways and expressways are driving the need for safety systems such as driver alert warning systems. Hence, the growing awareness among customers is forcing automakers to introduce a safety system that will further boost the driver alert warning system market during the forecast period.
Automakers striving to enhance road safety and prevent accidents
Automakers have recognized the growing need to improve the functional parameters of their driver alert systems in the market. Moreover, prominent players in the global driver alert systems market are showing promising signs of providing advanced safety features using advancements in sensor technology and cameras in their upcoming projects. In addition, the emergency assist feature out a warning signal if unusual driver activity or no steering wheel movement is detected to prevent any casualties. Hence, the growing awareness in most of the developing economies is expected to boost the driver alert warning system market.
Key segments covered
Segments | Subsegments |
 Vehicle Type |
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 Type |
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 End-User |
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Key benefits of the report:
Questions answered in the driver alert warning system market research report:
Driver Alert Warning System Market Report Highlights
Aspects | Details |
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By Type |
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By Component |
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By Vehicle type |
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By Region |
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Key Market Players | Ford Motor Company, Delphi, STONAKM CO. LTD., Daimler AG, HELLA GmbH & Co. KGaA, Robert Bosch GmbH, Johnson Controls Inc., DENSO Corporation, Continental AG, Magna International Inc., Infineon Technologies AG |
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