Occupant Monitoring System Market Segmentation:
Technology Segment Analysis
The infrared segment is estimated to hold 45% share of the global occupant monitoring system market in the year 2035. The growth of the segment can be attributed to the rising demand for vehicles with driving assistance and automotive safety systems. ADAS systems are an essential component of self-driving cars, and as technology progresses, the need for ADAS systems is likely to skyrocket. In some advanced systems, infrared-based sensors can monitor the driver’s conditions, such as their head position and eye movements. This information can raise an alarm when the driver is feeling drowsy or sleepy, thus altering the driver to stay attentive. In the last five years, an estimated 1.35 million drivers have been involved in a sleepy driving-related crash in the United States.
Vehicle Type Segment Analysis
Occupant monitoring system market from the passenger vehicles segment is expected to garner a significant share of around 60% in the year 2035. The growth of the segment is attributed to rising demand for passenger cars. In 2022, over 58 million passenger automobiles had been sold around the world, representing a 1.9 percent increase year on year. China was the world's largest regional vehicle market in 2022, with approximately 24 million units sold. Passenger cars have grown in popularity among drivers in recent years due to positive aspects such as elegant design, compact size, and low cost. In many advanced countries, passenger vehicles are the most frequent means of transportation. These vehicles are becoming more common in developing countries as the ability of nations' people to buy improves.
Our in-depth analysis of the global occupant monitoring system market includes the following segments:
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Installation |
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Technology |
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Vehicle Type |
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