Driver Alert System Global Market Report 2024

Description

Driver alert systems are advanced safety technologies designed to detect signs of driver fatigue, distraction, or inattention and provide real-time alerts to help prevent accidents. These systems employ sensors, cameras, and other monitoring devices to assess driver behavior and vehicle dynamics, thereby enhancing road safety.

The primary components of driver alert systems include sensors and cameras. Sensors are electronic devices embedded within these systems to monitor parameters such as vehicle position, speed, and driver actions. Various types of driver alert systems, such as audible alarms, steering, and seat vibration alerts, are available through different distribution channels, including aftermarket and original equipment manufacturers (OEMs). These systems are utilized across multiple applications, including passenger cars and commercial vehicles.

The driver alert system market research report is one of a series of new reports from The Business Research Company that provides driver alert system market statistics, including driver alert system industry global market size, regional shares, competitors with a driver alert system market share, detailed driver alert system market segments, market trends and opportunities, and any further data you may need to thrive in the driver alert system industry. This driver alert system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The driver alert system market size has grown rapidly in recent years. It will grow from $7.05 billion in 2023 to $7.96 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth during the historic period can be attributed to advancements in automotive electronics, increased road traffic, heightened demand for vehicle safety, greater awareness of distraction risks, and the emergence of telematics.

The driver alert system market size is expected to see rapid growth in the next few years. It will grow to $13.11 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be driven by the demand for real-time monitoring, escalating concerns over driver distraction, increasing adoption of electric vehicles, heightened focus on fleet safety, and a rise in demand for personalized safety features. Key trends expected to shape the market during the forecast period include technological advancements, adoption of artificial intelligence (AI), development of multi-sensor systems, use of data analytics for performance optimization, and the integration of advanced sensors.

The increasing frequency of road accidents is anticipated to drive the growth of the driver alert system market. Road accidents, defined as collisions involving one or more vehicles on publicly accessible roads resulting in injuries or fatalities, are on the rise due to factors such as distracted driving, higher speeds, and poor infrastructure. Driver alert systems contribute to accident reduction by delivering real-time alerts to drivers, thereby decreasing the likelihood of accidents due to fatigue, distraction, or inattention. For instance, data from the National Highway Traffic Safety Administration in the US revealed that in the first quarter of 2022, road fatalities increased by 7% to 9,560, up from 8,935 in the same period of 2021. This escalation in road accidents is propelling the demand for driver alert systems.

Leading players in the driver alert system market are innovating with advanced technologies such as impaired driving prevention systems to maintain a competitive advantage. These systems passively monitor driver behavior to detect signs of impairment, particularly from alcohol consumption. In January 2024, Magna International, a Canadian mobility technology company, launched a new breath and camera-based technology aimed at preventing impaired driving. This system integrates interior sensing technologies with infrared sensors from Senseair to monitor indicators such as driver distraction, fatigue, and intoxication through pupillary signs, as well as alcohol and carbon dioxide levels in the driver's breath. This technology ensures drivers are fit to drive by passively detecting intoxication levels at or above 0.08% blood alcohol content, except in Utah where the limit is 0.05%.

In January 2023, Magna International Inc., a prominent Canadian automotive parts manufacturer, acquired the Active Safety division of Veoneer, a Swedish automotive technology company known for its driver alert systems. The acquisition strengthens Magna's capabilities in addressing the complexities of advanced software, systems, and integration challenges in the automotive industry, enhancing its ability to offer a comprehensive suite of solutions to its customers.

Major companies operating in the driver alert system market are Ford Motor Company, Mercedes-Benz Group AG, Robert Bosch GmbH, Nissan Motor Co. Ltd., DENSO Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Mobis Co. Ltd., Magna International Inc., Faurecia SE, Johnson Controls Inc., Valeo SA, Nidec Corporation, Infineon Technologies AG, BorgWarner Inc., Magneti Marelli S.p.A., HELLA GmbH & Co. KGaA, Garmin Ltd., Delphi Technology Inc, Visteon Corporation, VOXX International Corporation, Tata Elxsi Ltd., STONAKM Co. Ltd., Astro Optics Pvt Ltd., Dinalog Inc.

North America was the largest region in the driver alert system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the driver alert system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the driver alert system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The driver alert system market consists of sales of haptic feedback devices, integrated dashboard displays, integration tools, and reporting tools. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Driver Alert System Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on driver alert system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for driver alert system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The driver alert system market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Component: Sensors; Cameras
2) By Type: Audible Alarm; Steering and Seat Vibration Alerts
3) By Distribution: Aftermarket; OEMs
4) By Application: Passenger Car; Commercial Vehicle
Companies Mentioned: Ford Motor Company; Mercedes-Benz Group AG; Robert Bosch GmbH; Nissan Motor Co. Ltd.; DENSO Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r17544

1. Executive Summary

2. Driver Alert System Market Characteristics

3. Driver Alert System Market Trends And Strategies

4. Driver Alert System Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Driver Alert System Market Size and Growth

5.1. Global Driver Alert System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Driver Alert System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Driver Alert System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Driver Alert System Market Segmentation

6.1. Global Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Sensors
Cameras
6.2. Global Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Audible Alarm
Steering and Seat Vibration Alerts
6.3. Global Driver Alert System Market, Segmentation By Distribution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Aftermarket
OEMs
6.4. Global Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Passenger Car
Commercial Vehicle

7. Driver Alert System Market Regional And Country Analysis

7.1. Global Driver Alert System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Driver Alert System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Driver Alert System Market

8.1. Asia-Pacific Driver Alert System Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Driver Alert System Market

9.1. China Driver Alert System Market Overview
9.2. China Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Driver Alert System Market

10.1. India Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Driver Alert System Market

11.1. Japan Driver Alert System Market Overview
11.2. Japan Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Driver Alert System Market

12.1. Australia Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Driver Alert System Market

13.1. Indonesia Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Driver Alert System Market

14.1. South Korea Driver Alert System Market Overview
14.2. South Korea Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Driver Alert System Market

15.1. Western Europe Driver Alert System Market Overview
15.2. Western Europe Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Driver Alert System Market

16.1. UK Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Driver Alert System Market

17.1. Germany Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Driver Alert System Market

18.1. France Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Driver Alert System Market

19.1. Italy Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Driver Alert System Market

20.1. Spain Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Driver Alert System Market

21.1. Eastern Europe Driver Alert System Market Overview
21.2. Eastern Europe Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Driver Alert System Market

22.1. Russia Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Driver Alert System Market

23.1. North America Driver Alert System Market Overview
23.2. North America Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Driver Alert System Market

24.1. USA Driver Alert System Market Overview
24.2. USA Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Driver Alert System Market

25.1. Canada Driver Alert System Market Overview
25.2. Canada Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Driver Alert System Market

26.1. South America Driver Alert System Market Overview
26.2. South America Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Driver Alert System Market

27.1. Brazil Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Driver Alert System Market

28.1. Middle East Driver Alert System Market Overview
28.2. Middle East Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Driver Alert System Market

29.1. Africa Driver Alert System Market Overview
29.2. Africa Driver Alert System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Driver Alert System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Driver Alert System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Driver Alert System Market Competitive Landscape And Company Profiles

30.1. Driver Alert System Market Competitive Landscape
30.2. Driver Alert System Market Company Profiles
- 30.2.1. Ford Motor Company
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Mercedes-Benz Group AG
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Nissan Motor Co. Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. DENSO Corporation
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. ZF Friedrichshafen AG
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Driver Alert System Market Other Major And Innovative Companies

31.1. Continental AG
31.2. Hyundai Mobis Co. Ltd.
31.3. Magna International Inc.
31.4. Faurecia SE
31.5. Johnson Controls Inc.
31.6. Valeo SA
31.7. Nidec Corporation
31.8. Infineon Technologies AG
31.9. BorgWarner Inc.
31.10. Magneti Marelli S.p.A.
31.11. HELLA GmbH & Co. KGaA
31.12. Garmin Ltd.
31.13. Delphi Technology Inc
31.14. Visteon Corporation
31.15. VOXX International Corporation

32. Global Driver Alert System Market Competitive Benchmarking

33. Global Driver Alert System Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Driver Alert System Market

35. Driver Alert System Market Future Outlook and Potential Analysis

35.1 Driver Alert System Market In 2028 - Countries Offering Most New Opportunities
35.2 Driver Alert System Market In 2028 - Segments Offering Most New Opportunities
35.3 Driver Alert System Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer