Occupant Monitoring Systems: Introduction

  • Occupant monitoring systems have grown in popularity in commercial cars to detect unauthorized passengers, but global curiosity has been growing in the passenger vehicle segment precisely in child detection that is anticipated to drive the market share over the coming years.
  • Occupant monitoring systems are seeing increasing demand in commercial fleets of vehicles to identify unauthorized passengers inside vehicles. Integrators are implementing occupant monitoring systems for passenger vehicles, where the technology finds common application pertaining to child detection and safety.
  • In the United States, delegates of the Association of Global Automakers and the Alliance of Automobile Manufacturers that account for approximately 100% share of the sales of light vehicles in the country have collaboratively agreed to make child detection a standard feature by the year 2025.
  • Furthermore, advancements in autonomous vehicle technology are likely to make these systems mandatory that is anticipated to propel the occupant monitoring systems market during the projected timeframe.
occupant monitoring systems market size and forecast

Global Occupant Monitoring Systems Market: Dynamics

Global Occupant Monitoring Systems Market: Key Drivers

  • Several factors primarily propel the occupant monitoring systems market. These include growing safety awareness, stringent government regulations, and rise in demand for safety features in vehicles. Automobile companies are incorporating occupant monitoring systems in vehicles with safety ratings based on car safety performance.
  • With the exponential growth of car leasing and ride sharing operations along with rising tourist activities, the number of cars are increasing due to rise in disposable income that will significantly boost the demand for occupant monitoring systems across the globe.
  • In previous years, occupant monitoring systems were available only for luxury cars. Automotive manufacturers have started to incorporate these elements for entry-level vehicles as well to expand their consumer base. Safety systems include airbags, seat belts, and ABS (anti-lock braking).
  • However, the high installation cost of occupant monitoring systems and the unavailability of professionals are expected to hinder the growth of the occupant monitoring systems market over the coming years.
occupant monitoring systems market dynamics

Impact of COVID-19 on the Global Occupant Monitoring Systems Market

  • The overall growth of the occupant monitoring systems market is projected to show an upward trend during the ongoing Covid-19 pandemic across the globe, despite the fact that the increase in adoption has little to do with the pandemic and more to do with the expanding focal point of technology developers on innovation and research & development. Organizations in the market are offering driver & occupant monitoring systems with integration of temperature sensors that monitor the temperature of drivers and their co-passengers.

North America to account for Large Share of the Global Occupant Monitoring Systems Market

  • In terms of region, the global occupant monitoring systems market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
  • The North America region is expected to hold major share of the occupant monitoring systems market over the coming years. The growth of the market can be attributed to huge demand for commercial vehicles in the United States. The country is estimated to be the most attractive in terms of constant upgrades made to automotive technologies.
  • The Asia Pacific region is anticipated to register decisive growth in the market, due to the increasing sales of commercial and passenger vehicles, the shift of global players manufacturing base in the region, technological developments, and developing economies in the region.
occupant monitoring systems market outlook by region

Global Occupant Monitoring Systems Market: Competition Landscape

  • Industry participants and vendors engaged in the market are undertaking strategies such as partnerships, collaborations, acquisitions, and product offerings. Top players in the market have adopted product launch, extended product offering as their growth strategy to improve their visibility in the industry. Moreover, players in the market are constantly engaged in research & development activities to develop new systems and technologies that will fulfill the requirements of customer safety and retain their customer base.

Key players operating in the global occupant monitoring systems market include:

  • Delphi Automotive LLP
  • Takata Corporation
  • Autoliv
  • Valeo
  • Continental AG
  • ZF Friedrichshafen AG
  • Lear Corporation
  • Denso Corporation
  • Other Prominent Players

Global Occupant Monitoring Systems Market: Research Scope

Global Occupant Monitoring Systems Market, by Vehicle Type

  • Personal Vehicles
  • Commercial Passenger Fleets

Global Occupant Monitoring Systems Market, by Sales Channel

  • Aftermarket
  • Original Equipment Manufacturers (OEMs)

Global Occupant Monitoring Systems Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

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.
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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.

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Occupant Monitoring Systems Market