The global Automotive Active Health Monitoring System market is experiencing robust growth, driven by the increasing demand for safety devices and the active monitoring of drivers' health. This technology is gaining widespread adoption from both manufacturers and consumers, marking a significant shift in the automotive industry. Ford Motor Company, in 2014, took a pioneering step by introducing the first commercially available active health monitoring system with its S-Max concept car. Since then, the system has been integrated into numerous new cars.
The active health monitoring system operates by embedding ECG monitors into car seats. These monitors continuously track the passenger's heart rate and can promptly sound alerts if any signs of distress or trouble are detected. Moreover, the system is capable of monitoring the passenger's blood sugar and glucose levels, although this functionality relies on information from external devices connected to the car's infotainment system. Diabetic patients, particularly those on long journeys, are expected to be key users of this technology, as it provides essential monitoring and assistance.
This technology is futuristic in nature and is poised to set a precedent for further evolutionary research in the automotive industry. The in-car health monitoring system aligns with the vision of autonomous driving, representing a crucial step towards integrating health and safety features into mainstream vehicles. The adoption of active health monitoring systems is expected to witness exponential growth, with the technology becoming an integral part of vehicles in the upcoming decade.
In terms of manufacturing, Europe is anticipated to hold the largest market share, primarily due to the significant number of end-users of automotive active health monitoring systems in the region. As countries like India and China focus on strengthening their infrastructural base, government aids and subsidies are expected to attract substantial investments in the industry. The growth in per capita income, coupled with expanding infrastructure, will further fuel technology-based projects, driving the demand for a higher number of automotive safety devices in the region.
The active health monitoring system represents a transformative development in the automotive sector, contributing to enhanced safety and well-being for drivers and passengers. As the technology continues to evolve, it is expected to become an integral component of vehicles worldwide, shaping the future of automotive safety and health monitoring. The positive outlook for the automotive active health monitoring system market underscores its potential to revolutionize the way we approach safety and well-being in the realm of transportation.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 2.8 Billion |
Market Size Value In 2023 | USD 3.55 Billion |
Growth Rate | 26.90% (2023-2032) |
The Automotive Active Health Monitoring System Market size was valued at USD 3.55 Billion in 2023. The automotive active health monitoring system industry is projected to grow from USD 4.50 Billion in 2024 to USD 23.89 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 23.18% during the forecast period (2024 - 2032). The increase in demand for advanced safety features in automobiles and the increase in the incidence of road casualties caused by driver fatigue are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for automotive active health monitoring systems is driven by the rising development of autonomous and semi-autonomous vehicles. Ensuring semi-autonomous and autonomous vehicles' reliability and safety security is vital in case of a system malfunction. The increase in awareness and adoption of developed vehicle safety systems in autonomous and semi-autonomous vehicles resulted in the induction of advanced safety systems, such as active health monitoring systems. Installing these systems is beneficial for protecting passengers from road deaths and accidents. Thus, the expansion of semi-autonomous and autonomous vehicles is anticipated to drive market growth over the forecast period.
Additionally, increasing technological improvements and innovations are projected to drive the global market. Incorporating low-cost and dependable technologies such as microelectronics, sensors, big data analytics, and artificial intelligence will open up vast business prospects. Since active health monitoring systems in the automotive sector are still in their early stages, these technological improvements are expected to drive the automotive active health monitoring system market revenue.
The market companies have been forced to include health monitoring technology in the car industry by favourable government rules regarding passenger safety. Numerous healthcare organisations and major automakers are working together to enhance passenger safety in vehicles as a result of the same. At the moment, steering wheels and seat belts may give instantaneous health information to the driver. Though the technology is budding, pairing wearable technology with automotive active health monitoring systems will likely gain notable traction over the forecast period.
Moreover, increase in the prevalence of chronic diseases. Auto manufacturers offer active health monitoring systems that can calculate all the essential parameters, such as body temperature, blood pressure, and driver pulse. This, in turn, is projected to drive the automotive active health monitoring system market. Chronic disease is a primary reason for road accidents in Europe as well. As per the World Health Organization, more than one-third of the residents above 15 years of age suffer from chronic diseases in Europe. Active health monitoring systems utilize unique sensor technologies to manage and interpret biological data and recall driver behavior. Subsequently, these sensors apply countermeasures to prevent stress, sickness, discomfort, and drowsiness to prevent road accidents.
The Automotive Active Health Monitoring System Market segmentation, based on sales channels, includes aftermarket and OEM. The aftermarket segment dominated the market, accounting for 35% of market revenue (1.24 Billion). Growing public knowledge of this technology and an increase in personal health concerns are the two factors driving category growth in developing nations. However, because well-known automakers like Volkswagen, Ford, Mercedes, Audi, and Volvo have begun incorporating this technology into their new car models, OEM is the market that is expanding the fastest.
The Automotive Active Health Monitoring System Market segmentation, based on vehicle type, includes passenger cars and commercial vehicles. The passenger cars category generated the most income (70.4%). This is due to the growing installation of automotive active health monitoring systems in passenger cars, as it is advantageous for protecting passengers from road deaths and accidents. However, commercial vehicle is the fastest-growing category over the forecast period due to the growing demand for adaptive lighting systems in heavy commercial vehicles.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Automotive Active Health Monitoring System Market segmentation, based on application, includes pulse rate, open automotive active health monitor system, blood sugar level, blood pressure, and others. The pulse rate category generated the most income. Extreme fluctuations in the driver's pulse rate may lead to fatal accidents. Therefore, including an automotive active health monitoring system into automobiles is crucial to avoiding this circumstance. This system can track the driver's pulse rate and can instantly transmit a warning signal in case of an emergency. However, due to the increasing usage of a high-pass filter to regulate the cuff pressure so that oscillations or changes may be accepted as a portion of the time, blood sugar level is the category with the greatest growth throughout the projection period.
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American automotive active health monitoring system market will dominate this market, owing to the presence of several automotive giants in the region and is largely focused on incorporating driver assistance systems and other safety features in the vehicle. Further, the US automotive active health monitoring system market held the largest market share, and the Canadian automotive active health monitoring system market was the fastest growing market in the North American region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's automotive active health monitoring system market accounts for the second-largest market share due to the rise in passenger vehicle ownership and growth in awareness about the importance of driver health in this region. Further, the German automotive active health monitoring system market held the largest market share, and the UK automotive active health monitoring system market was the fastest-growing market in the European region.
The Asia-Pacific automotive active health monitoring system market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the rise in demand for hi-tech passenger vehicles to prevent road accidents in this region. Moreover, China’s automotive active health monitoring system market held the largest market share, and the Indian automotive active health monitoring system market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the automotive active health monitoring system market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the automotive active health monitoring system industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global automotive active health monitoring system industry to benefit clients and increase the market sector. Major players in the automotive active health monitoring system market, including Faurecia (France), Tata Elxsi (India), Kritikal Solutions (India), PARKER HANNIFIN CORP (US), and others, are attempting to expand market demand by investing in research and development operations.
NXP Semiconductors NV is a semiconductor manufacturing company that provides mixed-signal analog products. It offers solutions in the high-speed interface, cryptography-security, radio frequency (RF), power management, digital signal processing and embedded system design. The semiconductor products include microcontrollers, communication processors, analog and interface devices, connectivity chipsets, RF power amplifiers, sensors, wireless connectivity products, audio devices, security controllers and application processors. The company serves the automotive, communication infrastructure, industrial and Internet of Things (IoT) and mobile sectors. In January 2023, NXP Semiconductors introduced Advanced Automotive Radar One-Chip Family for Next-Gen ADAS and Autonomous Drive Systems. It is the first 28nm RFCMOS automotive one-chip radar in the industry for safety-critical ADAS applications, including blind-spot detection and automated emergency braking. The one-chip solution comprises a multi-core radar processor and a thoroughly integrated front-end RF.
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