The North America Driver Monitoring Systems Market would witness market growth of 8.9% CAGR during the forecast period (2023-2029).
Businesses are incorporating diverse features and technologies into their vehicles to enhance consumer comfort and drive sales growth. Furthermore, the progression of electronic components, including sensors and smartphones, bolstered by wireless communication and cloud systems, enhances environmental data and heightens consumer safety. As a result, the implementation of advanced technology in automobiles has significantly boosted sales in the automotive industry.
The incorporation of convenient features such as hands-free calling and navigation in the vehicle can lead to driver distraction. Driver monitoring systems can significantly enhance driver and vehicle safety. Certain iterations of the DMS systems utilized steering wheel sensors, while others relied on time-of-flight technology to measure the driver's head position. In light of the rapid technological advancements, DMS systems have undergone significant changes.
The growth of Driver Monitoring Systems will be extrapolated by ongoing developments in autonomous and connected cars, as well as technological advancements in advanced driver-assistance systems (ADAS). As a result, the automotive industry is experiencing a growing demand for Driver Monitoring Systems designed by leading players in the market. These systems offer futuristic designs, higher levels of vehicle automation, and improved vehicle efficiency and safety.
Motor vehicle accidents significantly contribute to fatalities in the United States, particularly for individuals aged 1-54. Additionally, they are the primary cause of non-natural deaths for American citizens residing or traveling overseas. Recent research from the CDC reveals that the U.S. experienced more excellent rates of fatalities due to motor vehicle accidents than other high-income nations in 2019. The growing incidents of road accidents in the region will provide growth opportunities for the driver monitoring systems as with their implementation, such accidents can be decreased significantly, which will increase their adoption and surge market expansion in the region.
The US market dominated the North America Driver Monitoring Systems Market by Country in 2022; thereby, achieving a market value of $686.8 million by 2029. The Canada market is experiencing a CAGR of 11.4% during (2023 - 2029). Additionally, The Mexico market would exhibit a CAGR of 10.4% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Driver Monitoring Systems Market, by Vehicle Propulsion
1.4.2 North America Driver Monitoring Systems Market, by Sales Channel
1.4.3 North America Driver Monitoring Systems Market, by Component
1.4.4 North America Driver Monitoring Systems Market, by Type of Monitoring
1.4.5 North America Driver Monitoring Systems Market, by Vehicle Type
1.4.6 North America Driver Monitoring Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.2.5 Business Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
Chapter 4. North America Driver Monitoring Systems Market by Vehicle Propulsion
4.1 North America ICE Vehicles Market by Country
4.2 North America Electric Vehicles Market by Country
Chapter 5. North America Driver Monitoring Systems Market by Sales Channel
5.1 North America OEM Market by Country
5.2 North America Aftermarket Market by Country
Chapter 6. North America Driver Monitoring Systems Market by Component
6.1 North America Sensors Market by Country
6.2 North America Cameras Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Driver Monitoring Systems Market by Type of Monitoring
7.1 North America Driver State Monitoring Market by Country
7.2 North America Driver Health Monitoring Market by Country
Chapter 8. North America Driver Monitoring Systems Market by Vehicle Type
8.1 North America Passenger Cars Market by Country
8.2 North America Light Commercial Vehicles Market by Country
8.3 North America Heavy Commercial Vehicles Market by Country
Chapter 9. North America Driver Monitoring Systems Market by Country
9.1 US Driver Monitoring Systems Market
9.1.1 US Driver Monitoring Systems Market by Vehicle Propulsion
9.1.2 US Driver Monitoring Systems Market by Sales Channel
9.1.3 US Driver Monitoring Systems Market by Component
9.1.4 US Driver Monitoring Systems Market by Type of Monitoring
9.1.5 US Driver Monitoring Systems Market by Vehicle Type
9.2 Canada Driver Monitoring Systems Market
9.2.1 Canada Driver Monitoring Systems Market by Vehicle Propulsion
9.2.2 Canada Driver Monitoring Systems Market by Sales Channel
9.2.3 Canada Driver Monitoring Systems Market by Component
9.2.4 Canada Driver Monitoring Systems Market by Type of Monitoring
9.2.5 Canada Driver Monitoring Systems Market by Vehicle Type
9.3 Mexico Driver Monitoring Systems Market
9.3.1 Mexico Driver Monitoring Systems Market by Vehicle Propulsion
9.3.2 Mexico Driver Monitoring Systems Market by Sales Channel
9.3.3 Mexico Driver Monitoring Systems Market by Component
9.3.4 Mexico Driver Monitoring Systems Market by Type of Monitoring
9.3.5 Mexico Driver Monitoring Systems Market by Vehicle Type
9.4 Rest of North America Driver Monitoring Systems Market
9.4.1 Rest of North America Driver Monitoring Systems Market by Vehicle Propulsion
9.4.2 Rest of North America Driver Monitoring Systems Market by Sales Channel
9.4.3 Rest of North America Driver Monitoring Systems Market by Component
9.4.4 Rest of North America Driver Monitoring Systems Market by Type of Monitoring
9.4.5 Rest of North America Driver Monitoring Systems Market by Vehicle Type
Chapter 10. Company Profiles
10.1 Continental AG
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Geographical Expansions:
10.1.6 SWOT Analysis
10.2 NXP Semiconductors N.V.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Intel Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Robert Bosch GmbH
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Panasonic Holdings Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Hitachi, Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 SWOT Analysis
10.7 Renesas Electronics Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Acquisition and Mergers:
10.8 ZF Friedrichshafen AG
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.5.2 Acquisition and Mergers:
10.8.5.3 Geographical Expansions:
10.9 Denso Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.10. Valeo SA
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 2 North America 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 North America Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 9 North America Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 10 North America ICE Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 11 North America ICE Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 12 North America Electric Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Electric Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 14 North America Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 15 North America Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 16 North America OEM Market by Country, 2019 - 2022, USD Million
TABLE 17 North America OEM Market by Country, 2023 - 2029, USD Million
TABLE 18 North America Aftermarket Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Aftermarket Market by Country, 2023 - 2029, USD Million
TABLE 20 North America Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 21 North America Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 22 North America Sensors Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Sensors Market by Country, 2023 - 2029, USD Million
TABLE 24 North America Cameras Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Cameras Market by Country, 2023 - 2029, USD Million
TABLE 26 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 28 North America Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 29 North America Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 30 North America Driver State Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Driver State Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 32 North America Driver Health Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Driver Health Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 34 North America Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 35 North America Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 36 North America Passenger Cars Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Passenger Cars Market by Country, 2023 - 2029, USD Million
TABLE 38 North America Light Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 39 North America Light Commercial Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 40 North America Heavy Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Heavy Commercial Vehicles Market by Country, 2023 - 2029, USD Million
TABLE 42 North America Driver Monitoring Systems Market by Country, 2019 - 2022, USD Million
TABLE 43 North America Driver Monitoring Systems Market by Country, 2023 - 2029, USD Million
TABLE 44 US Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 45 US Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 46 US Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 47 US Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 48 US Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 49 US Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 50 US Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 51 US Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 52 US Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 53 US Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 54 US Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 55 US Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 56 Canada Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 57 Canada Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 58 Canada Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 59 Canada Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 60 Canada Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 61 Canada Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 62 Canada Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 63 Canada Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 64 Canada Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 65 Canada Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 66 Canada Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 67 Canada Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 68 Mexico Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 69 Mexico Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 70 Mexico Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 71 Mexico Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 72 Mexico Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 73 Mexico Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 74 Mexico Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 75 Mexico Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 76 Mexico Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 77 Mexico Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 78 Mexico Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 79 Mexico Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 80 Rest of North America Driver Monitoring Systems Market, 2019 - 2022, USD Million
TABLE 81 Rest of North America Driver Monitoring Systems Market, 2023 - 2029, USD Million
TABLE 82 Rest of North America Driver Monitoring Systems Market by Vehicle Propulsion, 2019 - 2022, USD Million
TABLE 83 Rest of North America Driver Monitoring Systems Market by Vehicle Propulsion, 2023 - 2029, USD Million
TABLE 84 Rest of North America Driver Monitoring Systems Market by Sales Channel, 2019 - 2022, USD Million
TABLE 85 Rest of North America Driver Monitoring Systems Market by Sales Channel, 2023 - 2029, USD Million
TABLE 86 Rest of North America Driver Monitoring Systems Market by Component, 2019 - 2022, USD Million
TABLE 87 Rest of North America Driver Monitoring Systems Market by Component, 2023 - 2029, USD Million
TABLE 88 Rest of North America Driver Monitoring Systems Market by Type of Monitoring, 2019 - 2022, USD Million
TABLE 89 Rest of North America Driver Monitoring Systems Market by Type of Monitoring, 2023 - 2029, USD Million
TABLE 90 Rest of North America Driver Monitoring Systems Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 91 Rest of North America Driver Monitoring Systems Market by Vehicle Type, 2023 - 2029, USD Million
TABLE 92 Key Information – Continental AG
TABLE 93 Key Information – NXP Semiconductors N.V.
TABLE 94 Key Information – Intel Corporation
TABLE 95 key information – Robert Bosch GmbH
TABLE 96 Key Information – Panasonic Holdings Corporation
TABLE 97 Key Information – Hitachi, Ltd.
TABLE 98 key information – Renesas Electronics Corporation
TABLE 99 Key Information – ZF Friedrichshafen AG
TABLE 100 key information – Denso Corporation
TABLE 101 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