Growth in the technologies such as smart sensor network, nanotechnology, advance communication network and distributed computing has led to the development of various integrated devices, one such device is active health monitoring system. The system is integrated with the vehicle that helps in safe driving. Driver’s health and state of mind is very important factor for safe driving. Any kind of physical factor such as drowsiness, distraction, drunkenness can lead to severe road accidents. The decline in driver’s health is another major factors that might lead to road accidents. Some disease such as type II diabetes, cardiovascular disease, mild cognitive impairment (MCI) and Alzheimer’s disease that are largely associated with aging  might also lead to accidents among older drivers. In all such critical cases active health monitoring system play a vital role in reducing unfortunate occurrence of events on road

The active health motoring system has an embedded biometric feedback sensors with electrodes that are placed near the driver’s seat, seatbelt or the steering wheel to analyze the health. It basically tests the heart rate, blood pressure, breathing rate, body moisture, body pressure, body temperature, and even cabin temperature in some specific cases. Further, this device also gives notification to the driver by displaying a warning message, or activating useful system such as driver alert, speed limiter among others

More than a few number of car accidents are caused due to pre-exiting medical condition of the driver or some sudden medical emergencies such as heart attack or stroke. However, with the help of active health monitoring system such accident can be prevented. Moreover, when these system will be paired or combined with semi-autonomous cars, it can efficiently mitigate major accidents

The Active Health Monitoring system in Automobile is currently at a nascent stage. There are number of manufacturers that are continuously involved in advancement and further development the system. However, the market has a significant potential to grow in the coming year. With growing concern over frequent accident cases and the strong need for safety on roads, the demand of active health monitoring system is expected to rise. The market has opened multiple avenues for automotive OEMs to enter into a partnership or collaborate with technology companies or healthcare technology provider to further improve the Active Health Monitoring System. Consumer healthcare manufacturer might also explore the use cases in Active Health Monitoring System in Automobile Market

While there are several benefits of Active Health Monitoring System in Automobile, there are some challenges that the manufactures of the device have to face and might have address in order to experience widespread adoption of the device.

Some of these challenges include regulatory compliances, concern over data privacy and infrastructure challenges. Federal Insurance Portability and Accountability Act, 1996, (HIPAA) have set the level of data of individual health information that can be received and reviewed. The Active Health Monitoring system that involves collection of driver’s personal data might have to be in-line with such regulatory compliance. Moreover, significant investment in infrastructure is required that has the capability to support large and voluminous data that the manufacturer might receive due to the functioning of Active Health Monitoring System

The Active Health Monitoring in Automobile Market can be segmented on the basis of vehicle type and deployment type. The Vehicle type market segment is bifurcated into passenger vehicle and commercial vehicle. The Deployment type market segment includes on-premise and cloud enabled active health monitoring system.

There are number of prominent automobile manufacturers that have already initiated their research and development in the market. Automobile manufacturers such as Mercedes-Benz and Ford Motor Company have already experimented the device and now are integrating it with the vehicles. Faurecia, is yet another company in this market that has developed smart seats for vehicles that gathers biological and behavioral data of the driver. Other promising players that are actively are developing opportunity in Active Health Monitoring in Automobile are Volkswagen AG and Bayerische Motoren Werke AG

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
  • Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
  • Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
  • Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Active Health Monitoring In Automobile Market Size, Analysis, Regional Outlook, Growth, Export Value, Shipment, Volume & Trade