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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.
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