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The global driver monitoring systems market is expected grow from $0.96 billion in 2020 to $1.06 billion in 2021 at a compound annual growth rate (CAGR) of 10.4%.
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Driver Monitoring Systems Global Market Report 2021 : COVID-19 Growth And Change
Driver Monitoring Systems Market Characteristics: The global driver monitoring systems market is expected grow from $0.96 billion in 2020 to $1.06 billion in 2021 at a compound annual growth rate (CAGR) of 10.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.64 billion in 2025 at a CAGR of 12%. The report covers the Driver Monitoring Systems market’s segments- Xx xxxx By Vehicle Type By Monitoring Type Xx xxxx Xx xxxx By Component Passenger Vehicles, Commercial Vehicles Xxxxx, Xxxxxxxx, Xxxx Xxxxx, Xxxxxxxx, Xxxx Driver Alertness/Distraction Monitoring, Driver Fatigue Monitoring, Drunk Driving Monitoring, Identity Recognition Xxxxx, Xxxxxxxx, Xxxx Interior Camera, Sensors, Other Components
Driver Monitoring Systems Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic. Click Here To View Complete Report
Major Key Players Major companies in the market include Continental AG Delphi Automotive PLC Robert Bosch GmbH Visteon Corporation Valeo SA Click Here To Get A Sample Report
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