The Business Research Company’s Driver Monitoring Systems Market Global Report 2020-30: Covid 19 Growth and Change. The report covers market size, key players, market share and trends to 2030.
Driver Monitoring Systems Market Global Report 2020-30: Covid 19 Growth and Change is one of a series of new reports from The Business Research Company that provide Driver Monitoring Systems market overviews, analyze and forecast market size and growth for the whole market, Driver Monitoring Systems market segments and geographies, Driver Monitoring Systems market trends, Driver Monitoring Systems market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The global driver monitoring system market is expected to grow from $0.99 billion in 2019 and to $1.01 billion in 2020 at a growth rate of 2.29%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $1.45 billion in 2023 at CAGR of 12.64%.
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The driver monitoring system market consists of sales of driver monitoring systems which is used to collect recognizable information about the driver for assessing the capability of the driver to perform the driving task safely. The market consists of revenue generated by the driver monitoring system companies manufacturing the driver manufacturing systems such as Facial Recognition/ Head Movement, heart rate monitoring, blink monitoring, steering angle sensor and a pre-collision system.
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