Europe Market Statistics
In automotive active health monitoring system market, Europe region is expected to capture over 44.7% revenue share by 2037. The market in the region is poised for growth, largely driven by the presence of numerous automotive companies. This concentration of manufacturers is mainly focused on incorporating advanced safety features and driver-assistance systems into their vehicles. Furthermore, these automakers focus on research and development (R&D) to improve in-car health monitoring systems. Moreover, the government introduced new regulations regarding general vehicle safety that were applied to all new motor vehicles sold in the EU on 7 July 2024. These rules, which have been in effect for new vehicle types since July 2022, aim to enhance road safety by incorporating advanced driver assistance systems in all new vehicles.
In the UK, the need for automotive active health monitoring system market is fueled by growing consumer and fleet operator awareness of the significance of road safety. Prominent players such as JLR, are driving awareness initiatives for these systems. According to a JLR survey, 41% of drivers in the UK are unsure of how their ADAS, such as automated braking, operate and are unable to discover the ADAS sensors on their vehicle. Therefore, to raise awareness, JLR has been collaborating with the Driver and Vehicle Standards Agency (DVSA), which has updated its driver guides and other publications with details regarding ADAS systems and is releasing public guidelines.
There is a surge in demand for dual-channel dashboard cameras in Germany to record front and rear footage. Dashboard cameras transmit remote diagnostic data to operators and are integrated with car telematics systems. This makes virtual training, driver health state monitoring, accident avoidance and monitoring, effective fleet management, and work-hour computations possible. Businesses are introducing sophisticated dashcams to improve vehicle safety by utilizing AI and IoT technology.
APAC Market Analysis
Asia Pacific automotive active health monitoring system market for automotive active health monitoring systems will garner a substantial share during the projected period. The market is growing in the region owing to the automotive industry's rapid adoption of cutting-edge electronic components. Furthermore, the region's need for active health monitoring systems is fueled by the sharp rise in demand for cutting-edge safety measures due to increasing accidents. The government has also required that health monitoring devices be incorporated into new cars to improve driver safety and lower fatalities and property damage due to traffic accidents.
In India, there is now more focus on implementing ADAS features such as driver tracking due to rising road safety awareness and the number of traffic incidents. The National Crime Records Bureau of India reports that over 155,600 people died on Indian roads in 2021. Therefore, Indian automakers and passengers are looking for and incorporating ADAS technology, such as adaptive cruise control, lane departure warning, and automated emergency braking, among others, to improve vehicle safety. Also, the demand for luxury and high-end cars with cutting-edge safety and convenience features is rising as people's purchasing power increases.
Additionally, there is a significant need for automotive active health monitoring system market in South Korea and Japan. The governments of these nations have made the installation of health monitoring systems mandatory to increase driver safety and reduce the number of fatalities and property damage brought on by traffic accidents.
Author Credits: Saima Khursheed
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