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Automotive Driver Capability System Market

Automotive Driver Capability System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

Autonomous Vehicle Management Services: Introduction

  • Increase in adoption of information technology enabled solutions in vehicles, including artificial technologies, IoT (internet of things), and data analytics coupled with a rise in use of demand for systems enhancing the driver capabilities to drive safely such as driver fatigue monitoring systems, driver drowsiness monitoring systems, is anticipated to drive the global automotive driver capability system market.

Key Drivers of Automotive Driver Capability System Market

  • Increase in use of artificial intelligence in automobiles is anticipated to boost the automotive driver capability system market, globally. Increase in adoption of artificial intelligence in autonomous vehicles is expected to reduce human errors in operation and enhance the efficiency of assigned task. Enabling AI in autonomous vehicles is expected to help vehicle operators to perform other tasks including booking the next fare, communicating with clients, or planning vehicle maintenance. Moreover, vehicle drivers/ operators would be better able to manage the fleet and dispatch tasks while being assisted by AI on the road.
  • Rise in use of vehicle management system and services by vehicle fleet owners is expected to drive the global automotive driver capability system market. Driver capability systems enable the vehicle AI to execute steering, acceleration/deceleration in case the fatigue monitoring system detects irregular driving pattern and causes the vehicle to stop. This, in turn, reduces the probability of vehicle crashes and thereby, reduces fatality rate.

Automotive Driver Capability System Market: Restraint

  • Driver capability systems are outfitted with a significant amount of computing ability and sensing equipment, including LiDAR and powerful GPS systems. This additional equipment may cost up to US$ 100,000 on top of the base cost of the autonomous vehicle. Furthermore, the cost of a vehicle with artificial intelligence in it is much higher than that of a traditional vehicle. The high initial cost is expected to hinder the automotive driver capability system market.
  • Increase in dependence on artificial driving systems is expected to further reduce the driving capabilities of drivers over time. This concern is likely to hamper the global automotive driver capability system market.

Europe & North America cumulatively to account for a prominent share of global automotive driver capability system market

  • In terms of region, the global automotive driver capability system market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.
  • Increase in trend of integration of AI, rise in investments toward AI developments, rise in disposable income, and high demand for autonomous vehicles in countries such as U.S., Germany, U.K., France, and Italy across North America and Europe are key factors leading these regions to account for a significant share of the global automotive driver capability system market. Regulations pertaining to occupant and driver safety across North America and Europe compel automakers to adopt driver capability systems in their vehicles, thereby boosting the automotive driver capability system market.
  • Moreover, baby boomer effect, sophisticated technology centers, and high consumer awareness about autonomous mobility are likely to propel the automotive driver capability system market across North America and Europe

Key Players Operating in Automotive Driver Capability System Market

The global automotive driver capability system market is highly concentrated due to the presence of top manufacturers. A few key players operating in the global automotive driver capability system market are:

  • AISIN Group
  • ALD Automotive
  • Alphabet
  • Aptiv Plc
  • Continental Automotive
  • Delphi Automotive
  • Denso Corporation
  • Electrobit
  • FAAR Industry
  • Magna International
  • Robert Bosch GmbH
  • Valeo SA
  • ZF Friedrichshafen

Global Automotive Driver Capability System Market: Research Scope

Global Automotive Driver Capability System Market, by Vehicle Type

  • Passenger Vehicles
    • Compact
    • Luxury
    • Mid-Size
    • SUV
  • Commercial Vehicle

Global Automotive Driver Capability System Market, by Application

  • Autonomous Vehicle
  • Driver Attention and Control System
  • Driver Monitoring System
  • Others

Global Automotive Driver Capability System Market, by Sales Channel

  • OEM (Original Equipment Manufacturer)
  • Aftermarket

Global Automotive Driver Capability System Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Automotive Driver Capability System Market

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