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At a CAGR of 7.20%, Global Commercial Vehicle Driver State Monitoring System Market to Grow over 2016-2020

ResearchMoz added Latest Research Report titled " Global Commercial Vehicle Driver State Monitoring System Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

 

Albany, NY -- (SBWIRE) -- 12/19/2016 -- The driver state monitoring system is an in-vehicle tool adopted to analyze the state of a driver when the person is driving, thereby preventing fatalities or injuries that can be caused due to distractions. It is an electronic system that is installed in vehicles and works on parameters set to measure the level of inactiveness, drowsiness, or fatigue of the driver while driving. In case of detection of drowsiness, fatigue, or related characteristics, the system sends a signal to the processor, which in turn alerts or warns the driver of the potential risk involved in continuing the journey. In some cases, the system even suggests drivers take a break

The global commercial vehicle driver state monitoring system market to grow at a CAGR of 7.20% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global commercial vehicle driver state monitoring system market for 2016-2020. To calculate the market size, the report covers the analysis and forecasts of the global commercial vehicle driver state monitoring system market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Commercial Vehicle Driver State Monitoring System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Bosch
- EDGE3 Technologies
- Seeing Machines
- Takata

Other prominent vendors
- Caterpillar
- Xilinx

Market driver
- Need for technology that can curb road accidents caused due to drowsiness of drivers.
- For a full, detailed list, view our report

Market challenge
- High pricing of driver assistive safety technology leading to low adoption rate.
- For a full, detailed list, view our report

Market trend
- Cost reduction in advanced driver assistive technologies with development of cheaper yet robust materials.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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