Driver Attention Alert System Market Approximate To Grow 19.19 Billion, 11.2% CAGR

Driver Attention Alert System Market Size Worth $19.19 Billion By 2032 | CAGR: 11.2%


The global driver attention alert system market size is expected to reach USD 19.19 billion by 2032, according to a new study by Polaris Market Research. The report “Driver Attention Alert System Market Share, Size, Trends, Industry Analysis Report, By Component (Sensors and Cameras); By Type; By Vehicle; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing need and demand for advanced car safety features and rising concerns for road or traffic safety all over the world due to the rising number of vehicles moving on the road, coupled with the growing focus of government authorities or organizations towards promoting road safety and greater enforcement of laws in order to reduce the number of accidents happening due to drowsiness or fatigue of drivers, are prominent factors boosting the global market growth.

In addition, the rapid development of autonomous vehicles that significantly requires innovative cameras and sensors to drive vehicles with higher safety and surging use of advanced technologies like artificial intelligence and machine learning in safety systems like drowsiness detection system are further likely to create lucrative growth opportunities for the market in the near future.

  • For instance, in March 2023, the Delaware Department of Transportation introduced its new wrong-way detection system with an aim to improve road safety by alerting drivers going on the wrong way by flashing red lights on Wrong Way signs.

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As vehicles become more advanced and are integrated with autonomous features, driver attention alert systems are being increasingly used with advanced driver assistance systems and autonomous driving technology, which plays a crucial role in ensuring that drivers remain engaged and ready to take control when needed and resulting in new growth or revenue opportunities for the players operating in the market.

Furthermore, with the constant increase in the use of linked cars and Internet of Things and surging number of consumers worldwide benefiting from enhanced or improved driving experiences because of the integration of these driver alert systems with connected car capabilities such as voice recognition, smartphone connectivity, and Global Positioning System navigation, the demand and need for safety systems like driver attention alert system have grown drastically. 

Driver Attention Alert System Market Report Highlights

  • In 2022, the sensors segment accounted for the largest market share on account of the growing use of sensors in driver alert systems to provide alerts to drivers and monitor their behavior.
  • The Drowsiness segment held the fastest market share in 2022, which is mainly driven by the surging adoption of advanced safety features into vehicles like drowsiness detection.
  • In 2022, the North American region held the largest market, owing to the region’s well-established and developed automotive infrastructure and the presence of various major automakers.
  • The key market players include Infineon Technologies, Robert Bosch, Tata Elxsi, Nissan Motor, Johnson Controls, Continental, Valeo SA, etc.

Polaris Market Research has segmented the driver attention alert system market report based on component, type, vehicle, and region:

Driver Attention Alert System, Component Outlook (Revenue - USD Billion, 2019 - 2032)

  • Sensors
  • Cameras

Driver Attention Alert System, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Fatigue
  • Drowsiness
  • Drunk Driving

Driver Attention Alert System, Vehicle Outlook (Revenue - USD Billion, 2019 - 2032)

  • Passenger Vehicles
  • Commercial Vehicles

Driver Attention Alert System, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Driver Attention Alert System Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 7.38 billion

Revenue forecast in 2032

USD 19.19 billion

CAGR

11.2% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Component, By Type, By Vehicle, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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