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Driver Alert System Market Share
- Report ID: GMI6467
- Published Date: Aug 2023
- Report Format: PDF
Driver Alert System Market Share
Major companies operating in the driver alert system market are :
- Continental AG
- DENSO Corporation
- Magna International Inc.
- Robert Bosch GmbH
- Valeo SA
- Visteon Corporation
- and ZF Friedrichshafen AG.
Frequently Asked Questions (FAQ) :
The market size of driver alert system was reached USD 7.7 billion in 2022 and is set to register 12% CAGR through 2023-2032, due to the rising integration of AI and machine learning in vehicles worldwide.
The passenger vehicle segment held over 60% of the market share in 2022, impelled by the rising ownership of passenger vehicles along with the growing emphasis on drowsiness detection.
North America market registered 25% of revenue share in 2022, due to the growing support from government agencies and safety organizations to mandate the inclusion of safety features in new vehicles.
Some of the influential driver alert system companies are Continental AG, DENSO Corporation, Magna International Inc., Robert Bosch GmbH, Valeo SA, Visteon Corporation, and ZF Friedrichshafen AG.
Driver Alert System Market Scope
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