Global Active Health Monitoring System Market – Industry Trends and Forecast to 2030

 Active Health Monitoring System Market Analysis and Size

The automotive industry has grown at a rapid pace in last few years. With significant advancements in connected and automated vehicles (CAV), vehicle automation and artificial intelligence (AI) will likely play a vital role in the present and next-generation urban transportation systems. Furthermore, the increasing number of accidents due to high vehicle speed and road rage, the increasing incentives from government to improve vehicle safety features will likely enhance the demand of the active health monitoring system.

Data Bridge Market Research analyses that the active health monitoring system market was valued at USD 12389.2 million in 2022 and is expected to reach the value of USD 80217.67 million by 2030, at a CAGR of 26.30% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Active Health Monitoring System Market Scope and Segmentation

Market Definition

Active health monitoring systems are categorized as a driver behaviour intelligence system in automotive. An active health monitoring system checks the health of the driver in the vehicle, as an in-vehicle health monitoring system. It measures and detects the biophysical attributes of the driver and vital health parameters such as oxygen saturation, pulse, blood pressure, respiration rate, and other essential health information.

Global Active Health Monitoring System Market Dynamics

Drivers

• Advancements in the automotive sector

Increasing advancements in the automotive sector is expected to lead to the growth of the active health monitoring system. This system helps to increase safe driving conditions and is also expected to assist the driver if he loses his consciousness. This system helps in controlling the vehicle and pulling the vehicle aside, and informing the near medical facility. This is anticipated to propel the demand for the active health monitoring system in the automotive sector and drive the market growth rate.

• Development of autonomous and semi-autonomous vehicles

Ensuring the of reliability and safety security of semi-autonomous and autonomous vehicles is vital in case of a system malfunction. The rise in awareness and adoption of advanced automobile safety systems in autonomous and semi-autonomous vehicles resulted in the installation of advanced safety systems, such as active health monitoring systems. The installation of these systems is advantageous for protecting passengers from road deaths and accidents. Thus, the growth of semi-autonomous and autonomous vehicles is anticipated to drive the growth of the market during the forecast period. 

Opportunities

• Increasing demand and sales of the electric vehicles (EVs)

The sales of the electric vehicles (EVs) are increasing rapidly owing to growing awareness regarding government subsidies and schemes and environmental protection. The awareness regarding the effect of gasoline vehicles on the environment has generated huge demand for electric vehicles globally. Government initiatives, such as improved charging infrastructure, subsidies, grants and increased vehicle range, help to promote the adoption of electric vehicles (EVs). Thus, the increased sale and growing demand for electric vehicles will allow the manufacturers to from more advanced active health monitoring system features for electric vehicles. Hence, the increased sale of EVs is projected to drive the product demand and create ample opportunity for the market players in the global active health monitoring systems market in the forecast period.

Restraints

• Data protection and privacy concerns

The active health monitoring system needs modern facilities and infrastructure, which are yet to be developed in most regions of the globe. Lack of facilities and infrastructure coupled with data protection and privacy concerns is a major issue that is expected to obstruct the active health monitoring system market during the forecast period.

This active health monitoring system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the active health monitoring system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

 Global Active Health Monitoring System Market Scope

The active health monitoring system market is segmented based on the location, sensors, component, deployment type, application, sales channel and vehicle type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Location

• Driver's Seat Dashboard
• Component

Sensors

• Infotainment System
• Others

Deployment Type

• Cloud-Based
• On-Premises

Application

• Pulse
• Blood Sugar Level
• Blood Pressure
• Others

 Sales Channel

• OEM
• Aftermarket

Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

Active Health Monitoring System Market Regional Analysis/Insights

The active health monitoring system market is analyzed and market size insights and trends are provided by country, location, sensors, component, deployment type, application, sales channel and vehicle type as referenced above.

The countries covered in the active health monitoring system market report are report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the Active health monitoring system market in revenue growth. This is mainly due to numerous automotive giants in this region and is highly focused on integrating driver assistance system and other safety features in the automobile. The automotive players of this region are also widely focused on the Research & Development (R&D) for enhancing the in-vehicle health monitoring system.

Asia-Pacific is projected to be the fastest developing region during the forecast period of 2023-2030 due to rapid adoption of advanced electronics gears in the automotive industry. Furthermore, rapid growth in the demand for the advanced safety features in the automobile due to growing number of accidents also increase the demand for the active health monitoring system in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Active Health Monitoring System Market Share Analysis

The active health monitoring system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to active health monitoring system market.

Some of the major players operating in the active health monitoring system market are:

• Faurecia (France)
• Tata Elxsi (India)
• Kritikal Solutions (India)
• PARKER HANNIFIN CORP (U.S.)
• Plessey (U.K.)
• Qualcomm Technologies, Inc (U.S.)
• Acellent Technologies, Inc. (U.S.)
• FLEX LTD (India)
• NXP Semiconductors (Netherlands)
• Analog Devices, Inc. (U.S.)
• GENTEX CORPORATION (U.S.)
• Cadillac (U.S.)
• HARMAN International (U.S.)
• MOBIS INDIA LIMITED (South Korea)
• OMRON Corporation (Japan)
• Visage Technologies (Sweden) 

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