Automotive Active Health Monitoring System Market Size, Share, Growth Analysis, By Components(Infotainment Systems and Sensors), By Application(Pulse Rate, Blood Pressure), By Type(Passenger Cars Hatchback, Sedan), By Sales Channel(OEM and Aftermarket) - Industry Forecast 2024-2031

Automotive Active Health Monitoring System Market size was valued at USD 1.54 billion in 2019 and is poised to grow from USD 1.96 billion in 2023 to USD 13.22 billion by 2031, growing at a CAGR of 26.96% in the forecast period (2024-2031).

The market for automotive active health monitoring systems is made up of numerous national and international service providers who are constantly developing to strengthen their market positions. The market for automotive active health monitoring systems is expanding as a result of increased customer concerns about safety and security, rising demand for luxury and electric vehicles (EV), and EVs in general. The demand for automotive active health monitoring systems has increased as a result of the increasing usage of technology in cars, such as the real-time health monitoring system for detecting drivers' distraction, sleepiness, and weariness. Additionally, there is a high need for such health monitoring systems due to the increase in traffic accidents in some areas, which is intended to lessen the impact of the accident on the driver. 'TATA Elxsi', 'Qualcomm Technologies', ' Faurecia ', ' Plessey Semiconductors Ltd ', ' Bosch Automotive Service Solutions Inc. ', ' VivaLnk ', ' DENSO CORPORATION ', ' NXP Semiconductors N.V. ', ' Hill-Rom Holdings, Inc. ', ' Magna International Inc. ', ' Analog Devices, Inc. ', ' Zephyr Performance Systems ', ' Sensogram Technologies, Inc. ', ' Cognosos, Inc. ', ' Maxim Integrated ', ' Texas Instruments Incorporated ', ' Harman International ', ' Gentag, Inc. ', ' Ambulatory Monitoring Inc. ', ' LifeWatch AG '

An increasing number of fatalities from traffic accidents Due to increased public awareness of environmental conservation, as well as government incentives and programmes, the sales of electric vehicles (EVs) are increasing quickly. demand for electric vehicles has been sparked by knowledge of the environmental effects of gasoline-powered automobiles.

The recent disruption of the Automotive Active Health Monitoring System market is a result of the growing integration of cutting-edge technology like artificial intelligence (AI), vehicle automation, and the internet of things (IoT). The industry is cooperating with a wide range of institutions to investigate the potential advantages of such technologies in the automotive sector, including public agencies, universities, and significant market players. Active health monitoring systems have recently become very popular in the automotive sector, and this trend is anticipated to continue in the coming years.

Due to its established economies, increasing awareness of road safety, and accessibility of the infrastructure needed for such systems, Europe is anticipated to hold the largest revenue market share throughout the projection period. Germany is anticipated to hold the top spot in the market during the forecast period, followed by France, the United Kingdom, and the rest of Europe. Additionally, consumers' strong purchasing power makes it possible for them to invest in feature-rich cars, especially luxury cars, which is a major driver in this market.