(1)
The global automotive driver state monitoring system market is poised to grow by USD 649.37 million during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The market fragmented with the presence of well-established players that design and develop automotive driver state monitoring systems for OEMs. Most of the players are concentrating on the passenger cars segment. Besides, vendors are also making significant investments in the development of driver state monitoring system for commercial vehicles. Currently, the penetration of the technology is high in developed countries across the Americas and Europe due to the presence of stringent vehicle safety norms. The market is also picking up pace in developing regions such as APAC with the rising focus on passenger safety.
Automotive Driver State Monitoring System Market will Grow by Almost $ 650 Million During 2020-2024 | Europe to Offer Significant Opportunities | Technavio
businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.
Global Machine Vision Technology Market 2020 Ongoing Trend, Recent Developments, Competitive Landscape and Regional Forecast to 2025
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.