Australia Automotive Active Health Monitoring System Market Overview
The global Australia Automotive Active Health
Monitoring System Market size is expected to rise at a CAGR of 26.9% over the
forecast year 2023-2032. Increasing demand for safety features in vehicles amid
rising cases of accidents is the major driver of the market. This is
facilitated by efforts by governments and automakers to include health
monitoring in their systems. The Effective Automotive Health Monitoring Program
is one such instance which prevents possible road deaths. Rise in chronic
illnesses and instances of diabetes, obesity, and emphasis on public health by
automotive manufacturers can drive the market demand in the coming years.
Increased sales of luxury
vehicles in North America and Europe can bolster the demand for automotive
active health monitoring systems. This is supported by investments in Brazil,
Argentina, and the Middle East & Africa. Initiatives in driver health
monitoring such as detection of inattentiveness and drowsiness can drive its
sales and lead to its implementation in more car brands.
But lack of awareness and
exorbitant costs of vehicles with safety features can limit the market growth.
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Automotive Active Health Monitoring System Market
Key Companies
in the Australia Automotive Active Health Monitoring System Market include
- Faurecia (France)
- Tata Elxsi (India)
- Kritikal Solutions
(India)
- PARKER HANNIFIN CORP
(US.)
- Plessey (UK.)
- Qualcomm Technologies,
Inc (US.)
- Acellent Technologies,
Inc. (US.)
- FLEX LTD (India)
- NXP Semiconductors
(Netherlands)
- Analog Devices, Inc.
(US.)
- GENTEX CORPORATION (U.S.)
Health Monitoring System Segmentation
On the basis of component,
the market has been segmented into sensors and infotainment systems. On the
basis of application, the market has been segmented into blood pressure, pulse
rate, blood sugar level, others. On the basis of vehicle type, the market has
been segmented into passenger vehicle and commercial vehicle. Passenger
vehicles accounted for a high market share due to rate of adoption and focus on
ride safety. On the basis of sales channel, the market has been segmented into
OEM and after-market.
Regional Analysis
Europe is estimated to
hold the highest revenue market share throughout the forecast period owing to
increased awareness regarding road safety, developed economies, and
infrastructure availability for such systems. Moreover, high spending power of
consumers enables them to invest in feature-rich vehicles, particularly luxury
cars, which is a major driving factor in this region.
North America can capture
a significant market share of the global Australia Automotive Active Health
Monitoring System Market due to consumers in the U.S. and Canada facing major
health issues. The latent potential of connected and autonomous cars can lead
to its implementation by various automakers. On the other hand, Asia Pacific
can capture a large market share owing to abundance of economically available
workforce and large consumer base for technologically advanced cars. China and
Japan are the biggest contributors of the regional market.
Automotive active health
monitoring system is a novel system installed in certain variants of cars for
monitoring the health of the drivers and its passengers. It uses the help of
external devices for monitoring health metrics accurately and possesses the
capability of calling healthcare authorities in case of an emergency. The
global Australia Automotive Active Health Monitoring System Market report by
Market Research Future (MRFR) contains insights and latest trends on autonomous
vehicles and latest in-built technologies for the period of 2018 to 2023
(forecast period). The COVID-19 pandemic and its effects on the industry are
included in the report.
Australia
Automotive Active Health Monitoring System Market Segmentation:
Automotive
Active Health Monitoring System Sales Channel Outlook
- Aftermarket
- OEM
Automotive
Active Health Monitoring System Vehicle Type Outlook
- Passenger Car
- Commercial Vehicle
Automotive
Active Health Monitoring System Application Outlook
- Pulse Rate
- Open Automotive Active
Health Monitor System
- Blood Sugar Level
- Blood Pressure
- Others
Automotive
Active Health Monitoring System Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
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