Global Automotive Active Health Monitoring System Market Analysis and Forecast Predictions

Albany, USA, 2018-Oct-30 — /EPR Network/ —Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled Automotive Active Health Monitoring System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Automotive Active Health Monitoring System Market have been elaborated upon in the research report.

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An automotive active health monitoring system is an automotive technology, which monitors the health of the driver. The automotive active health monitor system is an in-vehicle health monitoring system, which measures and detects the driver’s vital health parameters and biophysical attributes such as respiration rate, blood pressure, pulse, oxygen saturation, and other key health information. It also measures and senses consciousness and drowsiness of the driver while driving. The automotive active health monitoring system utilizes sensors and infrared cameras to detect and monitor human face expressions and health information.

Chronic illness is a prominent factor responsible for the rise in road fatalities, as several drivers are diagnosed with diabetes, cardiovascular, and renal disorders, leading to road accidents caused due to tiredness and distraction. The automotive active health monitoring system monitors the driver’s health and helps avoid probable road fatalities. Significant alteration in safety norms by government bodies has led to the development of safety features by auto manufacturers for drivers as well as passengers and vehicle safety. This is a key factor that is anticipated to boost the automotive active health monitoring system market during the forecast period. Advancements in the automotive industry are expected to lead to further development of the automotive health monitoring system, which is expected to enhance safe driving conditions and is also likely to assist the driver if he loses consciousness, by taking the control of the vehicle and pulling the vehicle aside, and informing the nearest medical facility. This is expected to propel the demand for automotive active health monitoring system.

However, the automotive active health monitoring system requires modern infrastructural facilities, which are yet to be developed in most parts of the world. Lack of infrastructural facilities coupled with data protection & privacy concerns is a key issue that is likely to hamper the automotive active health monitoring system market during the forecast period.

In terms of location, dashboard is projected to be a highly attractive segment of the automotive active health monitoring system market. The automotive active health monitoring system located in the dashboard is likely to increase the monitoring and sensing of information such as gesture recognition, face detection, distraction, and tiredness. This is projected to boost the dashboard segment during the forecast period

In terms of application, the pulse segment is expected to lead the automotive active health monitoring system market. Increase in pulse of the driver is likely to lead to accidents. This can be avoided through the integration of the automotive active health monitoring system, which monitors the heart rate of the driver and can instantly raise an alarm if the driver’s pulse goes haywire. This, in turn, is projected to boost the pulse segment over the next couple of years.

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Based on component, the other segment, which includes infotainment system, camera, processor, and network, is expected to expand at a significant growth rate during the forecast period. Continuous development of camera and infotainment system and the advent of digital health applications and monitoring systems are anticipated to boost the other segment during the forecast period.

In terms of deployment, the cloud-based segment is projected to account for a major share of the automotive active health monitoring system market. Cloud-based active health monitoring system provides improved data security, as compared to on-premises active health monitoring system. Furthermore, improved storage capacity of the cloud-based system, which offers global range that assists in long distance driving, is a major factor that is likely to drive the segment during the forecast period.

In terms of vehicle, the passenger vehicle segment is expected to dominate automotive active health monitoring system market. Passenger vehicle is a highly lucrative segment and is projected to account for a higher share of the market owing to the higher rate of adoption and vehicle transition toward ride safety. The automotive active health monitoring system is still in testing and introduction phase, which is expected to witness significant adoption owing to safety and security concerns.

In terms of sales channel, the OEM segment is projected to account for a prominent share of the automotive active health monitoring system market. The OEM segment is expected to hold a notable share of the market, as the product is expected to be introduced in the near future. Rising demand for in-vehicle health monitoring system is also expected to augment the OEM segment of the automotive active health monitoring system market during the forecast period.

Based on region, the automotive active health monitoring system market has been bifurcated into five prominent regions. Europe is expected to lead the global automotive active health monitoring market. The region is expected to remain prominent market for automotive active health monitoring system owing to the presence of several key players from the region, who are focusing more driver assisted safety systems. Increasing R&D in order to ensure safety of the vehicle user is a key reason for the development of in-vehicle health monitoring systems such as automotive active health monitoring system. Germany is a prominent market for automotive active health monitoring system.

Key players operating in the global automotive active health monitoring system market include Faurecia, TATA Elxsi, Plessey Semiconductors, Acellent Technologies, Hoana Medical, Inc., LORD, Micro Strain Sensing Systems, and FLEX LTD. Manufactures and service providers are expected to improve the quality of the material and service in order to provide much advance in-vehicle health monitoring systems.

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