Automotive Active Health Monitoring System Market is predicted to reach USD 13.22 Billion at a CAGR of 26.96% during the forecast period

Pune, India, Sep 2022, MRFR Press Release/Market Research Future has published a Cooked Research Report on the Global Automotive Active Health Monitoring System Market.

active health monitoring systems is classified as a type of driver behaviour intelligence system in automotive. Regulators and automotive safety bodies are increasingly demanding mandatory incorporation of ADAS features like driver tracking in their roadmaps to enhance road safety. Many players in the industry are working to enhance monitoring accuracy by detecting and predicting driver condition, behaviour, and health., Machine learning, artificial intelligence, and sensor fusion technologies are being combined to achieve optimal performance.

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Automotive Active Health Monitoring System

Market Synopsis

According to the MRFR analysis, the global Automotive active health monitoring system market size is projected to reach USD 13.22 Billion by 2030 at a CAGR of 26.96%.

The global Automotive Active Health Monitoring System market is driven by growing demand for safety devices and active tracking of health for drivers over the forecast period. The technology is finding increasing adoption from manufacturers and customers simultaneously. This technology is futuristic and aims to set a precedent for other evolutionary research that may build upon this technology. The in-car health monitoring system also seems like next step in autonomous driving concept. With the continuous spread of the novel coronavirus across the world, automakers are taking extreme measures in the form of plant closures to halt the spread of COVID-19.

The situation remains uncertain as more European companies suspend work activities, and the US and APAC automakers extend shutdown periods. The automakers' plans on North American production are an effort to slow the spread of the COVID-19 virus; however, currently, the region is the global epicenter of the outbreak, with the daily number of confirmed cases outstripping the number in any other region. Additionally, as the pandemic is tearing apart the automotive sector, day-by-day, the global players in the automotive industry are focusing on developing preventive measures and new business strategies to address the current and future situation in the global market.

Automotive Active Health Monitoring System Market Competitive Landscape

The global Automotive active health monitoring system market consists of various global and regional service providers who are continuously evolving to enhance their market position. The growth for the Automotive active health monitoring system market is driven by the growing demand for these vehicles from the military sectors. Furthermore, the technological advancement in off-road vehicles is expected to create a huge growth opportunity for the market in the future years. However, the slowdown in the automotive industry can hamper the growth of the market. Automotive active health monitoring system market manufacturers compete based on the basis of cost, efficiency, and reliability of products to sustain in the market. It is important for Automotive active health monitoring system market manufacturers to provide products or solutions according to the need of the industry and customers’ needs to maintain their market position and gain a competitive advantage.

TATA Elxsi, Acellent Technologies, Kritikal Solutions Pvt. Ltd , Faurecia, Plessey Semiconductors, Qualcomm Technologies, Oceanit, DotNetix are the major players in the market.

Segmentation:

Automotive Active Health Monitoring System Market Based on Sales Channel:

• Aftermarket segment: accounts for the major share in the global market and is expected to further propel in the next few years owing to the increasing awareness of this technology as well as increasing health issues among individuals. The aftermarket segment includes manufacturers who supply active health monitoring system for automobiles after they have been manufactured by the OEMs. Some of the equipment sold in the aftermarket may not be manufactured by OEMs, and end users procure aftermarket products as replacements or accessories. As the demand for automotive grows in the global market, the aftermarket segment is expected to grow substantially during the forecast period. The growing online and e-commerce sales are expected to add to the growth of the aftermarket segment.


• OEM segment: is also showing significant growth in the market as major and prominent automotive companies including Volkswagen, Ford, Mercedes, Audi, and Volvo have started integrating this technology in their new vehicle model. The OEM segment includes the original equipment manufacturers that procure raw materials for manufacturing active health monitoring system for applications in automobiles. As the demand for commercial vehicles increases in the global market, the OEM segment is expected to witness substantial demand for automotive active health monitoring system market during the forecast period.

Automotive Active Health Monitoring System Market Based on Vehicle type:

• Passenger vehicle: segment will have a dominating share in the global market, and they are expected to register a significant revenue during the forecast timeframe. Most of the OEMs are particularly focusing only on passenger vehicles at the present time. In addition, the demand for active health monitoring systems for commercial vehicles is extremely low as compared to that of passenger vehicles. Furthermore, most leading automotive manufacturers are incorporating active health monitoring systems that are usually manufacturers of only passenger vehicles.


• Commercial Vehicle segment: the need for driver monitoring is rising not only in the passenger vehicle segment but also in the commercial vehicle segment, wherein challenges are more significant as compared with the passenger segment. Commercial drivers work long hours, many times more than what is advised or specified. In these cases, driver fatigue & drowsiness is the main reason to trigger accidents. Driver distraction, intoxication, drowsiness, aggravated state of mind, etc. have been a significant safety issue worldwide, and system to monitor driver behavior are becoming a priority for vehicles built in the future.

Automotive Active Health Monitoring System Market Based on Application:

• The pulse rate segment: is anticipated to grow at a significant rate during the forecast period, in the global marketplace. The pulse segment considered the most effective way of monitoring the health condition of an individual. Pulse device is continuous and directly tells the heart functioning of a person. Any Variation in the heartbeat reflects to the irregular blood flow in the lungs and other parts of the body that may leads to cardiac arrest or other serious problems and could cause road accidents while driving this, the pulse monitoring devices is incorporated in the driver’s seat that continuously monitors and reflects the real-time data of the heart functioning.


• Open Automotive Active Health Monitoring System: There are two types of storage technologies which are on cloud and on premises. In which automotive active health monitoring system combines with open software which gives open access to features to get multiple apps on one platform. This advanced health technology fitted inside the vehicle that enhances the safety of the driver by tracking human body signs and its wellness aspects. This system is accessible via open software and easy to operate by user.


• Blood Sugar Level: Drivers with diabetes appear to have a significant deficit in knowledge about driving safety recommendations and glucose monitoring. This may impose a greater risk of hypoglycemia while driving and enhance accident risk. While driving a vehicle driver’s blood sugar is must be at least 80 mg/dL. Measuring sensors are inserted inside driver’s seat or seatbelt. These sensor measures driver’s interstitial glucose level, which is the glucose found in the fluid between the cells.


• Blood Pressure: There are many professional drivers whose symptoms, such as high blood pressure or arteriosclerosis, worsen owing to an irregular work rotation or overly short break periods. High blood pressure causes major diseases and ailments such as strokes, and heart and kidney diseases. This system measures the driver's pulse wave by sensors attached to a steering wheel, which can estimate the changes in the driver's physical condition.


• Others: The scope of others includes fatigue tracking, drowsiness tracking, and distractions alert in automotive active health monitoring system market. A driver fatigue monitoring solution helps prevent accidents caused by the driver getting drowsy. Using unique pupil identification technology to analyze the eye’s fatigue condition and provide accurate early warning for real fatigue. Driver drowsiness detection is a car safety technology which helps prevent accidents caused by the driver getting drowsy. Various studies have suggested that around 20% of all road accidents are fatigue-related, up to 50% on certain roads.

Automotive Active Health Monitoring System Market Based on region:

• North America: North America is expected to be one of the largest automotive active health monitoring system market technology research, with a significant growth rate during the forecast period. During the forecast period, the US is expected to be the leading region, growing at a robust CAGR followed by Canada. Due to the increasing inclusion of the AAHM system in vehicles by major American manufacturers such as GM & Ford, North America is projected to be a major automotive active health monitoring system market through the projected time frame. The region includes US, and Canada.


• Europe: Europe is estimated to hold the highest revenue market share throughout the forecast period owing to increased awareness regarding road safety, developed economies, and infrastructure availability for such systems. During the forecast period, the Germany is expected to be the leading region in the market, followed by France, UK, and the rest of Europe. Moreover, high spending power of consumers enables them to invest in feature-rich vehicles, particularly luxury cars, which is a major driving factor in this region.


• Asia-Pacific: The Asia Pacific exhibits the fastest growth over the forecast period owing to rapid adoption of advanced electronics components in the automotive industry. In addition, rapid growth in the demand for advanced safety features in the vehicle owing to increasing number of accidents also trigger the demand for active health monitoring system in the region. But APAC also has the high system costs, making them inexpensive in most Asia Pacific economies where inexpensive, bare-bones cars are still the norm.


• Middle East and Africa: Middle East & Africa comprises countries, such as Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain, Egypt, South Africa, and the Rest of the Middle East & Africa. The Middle East & Africa is expected to drive the automotive active health monitoring system market due to the increasing technological advancements and growing adoption of smart health mentoring vehicles. The growth in private and public sector transportation drives commercial vehicle segment in the region which indirectly impact the growth of the automotive active health monitoring system market.


• South America: Furthermore, the region is witnessing an increase in investments and government initiatives to support advancements in technology of driver’s health monitoring systems in countries such as Brazil. Automotive industry in Argentina is the third largest in South America. Some global companies are present in Argentina, including Fiat, Volkswagen, Ford, Iveco, General Motors, Nissan, Toyota which helps in boosting automotive industry in Argentina which indirectly increase the automotive active health monitoring system market.