PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1211711
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1211711
Automotive Active Health Monitoring System Market size was valued at USD 7,008.1 Million in 2022, expanding at a CAGR of 28.6% from 2023 to 2030.
In the automotive industry, active health monitoring systems are characterized as driver behavior intelligence systems. As an in-vehicle health monitoring system, an active health monitoring system evaluates the driver's wellbeing while they are behind the wheel. It examines and detects the driver's biophysical characteristics as well as crucial health indicators including pulse, blood pressure, respiration rate, and other key health data.
Market Dynamics
The current disruption of the automotive industry is a result of the growing integration of cutting-edge technology like artificial intelligence (AI), vehicle automation, and the internet of things (IoT). The industry is cooperating with a wide range of institutions to investigate the potential advantages of such technologies in the automotive sector, including public agencies, universities, and significant market players. Active health monitoring systems have recently become very popular in the automotive sector, and this trend is anticipated to continue in the years to come.
The market players have been driven to include health monitoring technologies in the automotive industry by favorable government rules regarding passenger safety. Following this, numerous healthcare organizations and major automakers are working together to increase passenger safety in vehicles. Currently, information about the health of the driver may be obtained instantly through seat belts and steering wheels. The combination of wearable technology with automobile active health monitoring systems is a trend that is likely to acquire noticeable traction in the next years, despite the fact that the technology is still in its infancy. Additionally, developments in the electronics and microelectronics industries have produced low-cost gadgets that are widely used in a variety of monitoring instruments.
Segmental Analysis:
Based on location, the dashboard category is expected to be the most lucrative one in the global market for automobile active health monitoring. This is mostly attributable to the use of artificial intelligence (AI) and machine learning for accident prevention purposes, such as facial detection, gesture recognition, and driver fatigue and distraction. The automated automobile technology can sense the driver's mood and other emotions thanks to these cutting-edge technologies, which enables it to convert the driving mode to the safe mode if the driver is not in great driving condition.
Regional Analysis:
The automotive active health monitoring system market is now dominated by Europe, and this trend is expected to continue in the years to come. This is mostly attributable to the presence of many automotive conglomerates in the region, which are primarily focused on integrating driver assistance systems and other safety systems in the vehicle. The improvement of the in-vehicle health monitoring system is another area of intense effort for these automotive businesses.
On the other hand, due to the quick adoption of modern electronics components in the automobile sector, the Asia Pacific region experiences the fastest growth during the forecast period. Additionally, the region's need for active health monitoring systems is being driven by the sharp increase in demand for sophisticated safety features in automobiles as a result of an increase in accidents. The government has also mandated the inclusion of health monitoring technologies in the forthcoming cars to assure driver safety and to lessen the loss of life and property caused by road accidents.
Recent Development:
In June 2022, the Smart Cabin integrated vital signs controller for safe driving was announced by Hyundai Mobis. The newest medical technology can assess a driver's vital signs, posture, heart rate, and brainwaves to assist them drive safely. The Smart Cabin evaluates the CO2 level in the cabin using its four sensors and software logic, measures the vital signs of passengers, and switches to autonomous driving if the driver is under stress..
Key features of the study:
This proposed research study on the Automotive Active Health Monitoring System market provides market size (US$ Million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains an attractive investment proposition matrix for the Automotive Active Health Monitoring System market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Automotive Active Health Monitoring System market
The impact of COVID-19 on the Automotive Active Health Monitoring System market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight into the Automotive Active Health Monitoring System market post-COVID will also be covered.
To give the users of this report a comprehensive view of the Automotive Active Health Monitoring System market, we have also included a competitive landscape and key innovator analysis for the Automotive Active Health Monitoring System market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand the financial information and strategic initiatives of players operating in the Automotive Active Health Monitoring System market.
In addition, the report also unveils the important acquisitions & mergers, collaborations & joint ventures, new launches, research & development, and regional expansion of major participants involved in the market on global as well as regional levels.
The global Automotive Active Health Monitoring System market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AUTOMOTIVE ACTIVE HEALTH MONITORING SYSTEM MARKET KEY PLAYERS
Qualcomm Technologies, Inc
PARKER HANNIFIN CORP
Kritikal Solutions
Tata Elxsi
Plessey
Faurecia
Acellent Technologies, Inc.
NXP Semiconductors
FLEX LTD
Analog Devices, Inc.
GENTEX CORPORATION
Cadillac
HARMAN International
GLOBAL AUTOMOTIVE ACTIVE HEALTH MONITORING SYSTEM MARKET, BY LOCATION
Dashboard
Car Seat
GLOBAL AUTOMOTIVE ACTIVE HEALTH MONITORING SYSTEM MARKET, BY COMPONENT
Sensors
Others
GLOBAL AUTOMOTIVE ACTIVE HEALTH MONITORING SYSTEM MARKET, BY VEHICLE TYPE
Commercial Vehicle
Passenger Vehicle
GLOBAL AUTOMOTIVE ACTIVE HEALTH MONITORING SYSTEM MARKET, BY DEPLOYMENT
Cloud-based
On-premise
GLOBAL AUTOMOTIVE ACTIVE HEALTH MONITORING SYSTEM MARKET, BY APPLICATION
Pulse
Blood Pressure
Blood Sugar Level
Others
GLOBAL AUTOMOTIVE ACTIVE HEALTH MONITORING SYSTEM MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA