"Market Intelligence for High-Geared Performance"
The automotive active health monitoring system monitors the driver’s health signs such as tiredness, fatigue, distraction, and drowsiness with the assistance of a biometric feedback sensor containing electrodes. This system is located near the seatbelt, driver’s seat, on the steering, or on the dashboard of the vehicle. The automotive active health monitoring system is an advanced health technology fitted inside the vehicle that enhances the safety of the driver by tracking human body signs and its wellness aspects. Majority of the accidents and injuries are often caused by mental disturbance, irritation, exhaustion, or other medical conditions which can be benefitted with this technology. It is expected that in the next few years, several common diseases such as diabetes and obesity is likely to increase the significance of this technology. Prominent automotive manufacturers such as Volvo, Mercedes, Ford, and Volkswagen have already started incorporating this technology in their vehicles. Also, the increasing number of road accidents, high speed of vehicles, rash driving, and road rage are few of the major factors that are expected to drive the growth of the market for automotive active health monitoring system. Moreover, the stringent norms and implementation of various initiatives by the government in order to curb the rising road accident cases as well as improve the safety features in vehicles is likely to create great opportunities for the automotive active health monitoring systems in the global market.
Globally, the automotive active health monitoring system market is segmented by type, by application type, by market type, and by geographic coverage. Based on type, the market is further segmented into dashboard and driver’s seat. The dashboard segment holds the major share on the global market as majority of the automotive active health monitoring systems are integrated on the dashboard of the vehicles which enhances the accuracy of sensing and monitoring of information including face detection, gesture recognition, tiredness, fatigue, sweating, and distraction of the drivers. This is expected to boost the dashboard segment during the forecast period. The application type is further segmented into blood pressure, blood sugar level, pulse, among other applications. The pulse segment holds the major share in the global market and is expected to further increase in the forecast period. Extreme fluctuations in the pulse rate of the driver may lead to fatal accidents. Thus to avoid this situation, the integration of automotive active health monitoring system in vehicles is essential which can monitor the pulse rate of the driver and can immidiately send alert signal incase of any emergency. Therefore, these factors are expected to everage the pulse rate segment in the forecast period. The market type is further segmented into OEM, and aftermarket. The aftermarket segmnet 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 idividuals. The OEM segment is also showing a significant growth in the market as major and prominent auotmotive companies including Volkswagen, Ford, Mercedes, Audi, and Volvo have started integrating this technology in their new vehicle models.
Key Market Driver -
Increasing need for passenger health safety is expected to drive the growth of the market in the forecast period.
Key Market Restraint -
Lack of infrastructural facilities and threat of data violation may hinder the growth of the market during the forecast period.
Major players operating in the global automotive active health monitoring system market include Mercedes-Benz AG, AUDI AG, TATA ELXSI, BMW AG, Hoana Medical, FLEX LTD, Acellent Technologies, Inc., Parker Hannifin Corp, Faurecia, and Plessey among others.
Geographically, the automotive active health monitoring system market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Europe accounts for the largest revenue share in the global market owing to the rapid development of advanced technologies, rising awareness regarding road and driver safety, availability of infrastructural facilities which is required for the functioning of this system. Moreover, high spending capacity of the consumers allows them to spend on technology based premium cars which is boosting the market growth. Also, the main reason for integrating automotive active health monitoring systems in vehicles is to expand the R&D capacities as well enhance the safety of the drivers. Asia Pacific shows a steady growth in the global market owing to the high cost of systems, lack of infrastructure and hesitance of people to spend on expensive technologies.
To gain extensive insights into the market, Request for Customization
By Application Type
By Market Type
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- Global hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry