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New Analysis from Global Industry Analysts Reveals Steady Growth for Driver Safety Systems, with the Market to Reach $3.1 Billion Worldwide by 2026

·4 min read

SAN FRANCISCO, June 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Driver Safety Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

New Analysis from Global Industry Analysts Reveals Steady Growth for Driver Safety Systems, with the Market to Reach $3.1 Billion Worldwide by 2026
New Analysis from Global Industry Analysts Reveals Steady Growth for Driver Safety Systems, with the Market to Reach $3.1 Billion Worldwide by 2026


What's New for 2022?

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to our digital archives and MarketGlass Research Platform

  • Complimentary updates for one year

Edition: 9; Released: January 2022
Executive Pool: 1494
Companies: 44 - Players covered include Continental AG; Denso Corporation; Infineon Technologies AG; Magna International, Inc.; Robert Bosch GmbH; Seeing Machines Ltd.; Smart Eye AB; Valeo SA and Others.
Coverage: All major geographies and key segments
Segments: Technology (Eye-Tracking, Facial Expressions, Heart Rate-Monitoring, Steering Angle Sensor (SAS), Lane Departure System)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry


Global Driver Safety Systems Market to Reach $3.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Driver Safety Systems estimated at US$2.2 Billion, is projected to reach a revised size of US$3.1 Billion by 2026, growing at a CAGR of 6% over the analysis period. Eye-Tracking, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$955.2 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Facial Expressions segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $687.3 Million in 2021, While China is Forecast to Reach $542.6 Million by 2026
The Driver Safety Systems market in the U.S. is estimated at US$687.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$542.6 Million by the year 2026 trailing a CAGR of 5.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 4.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Heart Rate-Monitoring Segment to Reach US$442.6 Million by the year 2026
In the global Heart Rate-Monitoring segment, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$261.3 Million will reach a projected size of US$371.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™

Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.