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Fatigue Sensing Wearables Market in Automotive to Grow by USD 389.9 Million (2024-2028) with New Product Launches, AI-Driven Market Transformation Report – Technavio

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NEW YORK, Oct. 31, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global fatigue sensing wearables market in automotive sector size is estimated to grow by USD 389.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  18.4%  during the forecast period. New launches by vendors is driving market growth, with a trend towards partnerships and collaborations. However, lack of acceptance of fatigue-sensing wearables  poses a challenge.Key market players include Continental AG, Fatigue Science Technologies International Ltd., Fujitsu Ltd., Inova Design Solutions Ltd, Optalert Australia Pty Ltd, Samsung Electronics Co. Ltd., and Wenco International Mining Systems Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Fatigue Sensing Wearables Market In Automotive Sector Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 18.4%

Market growth 2024-2028

USD 389.9 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

17.6

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 37%

Key countries

US, Germany, Japan, China, UK, France, Canada, India, South Korea, and Russia

Key companies profiled

Continental AG, Fatigue Science Technologies International Ltd., Fujitsu Ltd., Inova Design Solutions Ltd, Optalert Australia Pty Ltd, Samsung Electronics Co. Ltd., and Wenco International Mining Systems Ltd.

Market Driver

Partnerships and collaborations are a significant trend in the global fatigue sensing wearables market in the automotive sector. These strategic alliances bring together diverse expertise and resources, fostering innovation and driving the development of more sophisticated and accurate fatigue-detection systems. Notable examples include the collaboration between the Air Force Research Laboratory and Case Western Reserve University, which aims to expedite the development of biosensors for stress and fatigue detection. Such collaborations are essential for integrating advanced technologies like artificial intelligence (AI) and machine learning into fatigue-sensing wearables, improving their accuracy and reliability. Academic institutions, research organizations, and industry players collaborate to translate scientific discoveries into practical applications, accelerating the commercialization of innovative fatigue-sensing solutions and making them more accessible to the automotive industry. These joint efforts also help secure funding and resources necessary for large-scale development and deployment of these technologies. Overall, partnerships and collaborations are key drivers of growth and innovation in the global fatigue sensing wearables market in the automotive sector, contributing to enhanced driver safety and reduced road accidents. 

The Fatigue Sensing Wearables market in the Automotive sector is gaining traction, particularly for professional drivers and industrial workers. These wearables, which include wristbands, headbands, and clip-ons, use sensors and algorithms to monitor physiological signals like eye movements, body posture, and cognitive functions. They detect drowsiness and alert drivers before accidents due to fatigue or drowsy driving. Battery life is crucial for continuous use. Connected devices and the Internet of Things play a significant role in these wearables, enabling real-time data transmission. Safety features are paramount, with privacy concerns and data security being addressed through machine learning and user-friendly interfaces. Customization and personalization are essential for wide adoption. Sensors like electroencephalography, electrocardiography, electromyography, and photoplethysmography are used to measure various physiological parameters. The market includes passenger cars, motorcycles, and driver assistance systems. Accidents caused by fatigue-related factors account for a considerable number of road accidents, making these wearables an essential safety intervention. 

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 Market Challenges

Fatigue sensing wearables, such as smartwatches, hold great potential in enhancing road safety by detecting driver alertness declines and issuing timely alerts. These devices utilize advanced algorithms to analyze physiological data, including heart rate variability. However, their integration into the automotive industry faces challenges. Effectiveness and reliability in diverse driving conditions and among various individuals are concerns. Privacy implications also pose a significant barrier due to continuous physiological data monitoring and potential misuse of sensitive information. Drivers may resist adoption due to privacy fears and the absence of clear data usage regulations. Additionally, these devices should not replace responsible driving practices, such as taking regular breaks. Over-reliance on technology without adhering to safety fundamentals can diminish their overall impact, making the acceptance of fatigue sensing wearables in the automotive industry a significant market growth challenge.Fatigue sensing wearables in the automotive sector are gaining significant attention due to the rising concern for road safety. These wearables come in various forms such as wristbands, headbands, clipons, and even earbuds or rings. They utilize non-intrusive systems like Electroencephalography (EEG), Electrocardiography (ECG), Electromyography (EMG), Photoplethysmography (PPG), and others to monitor physiological parameters such as heart rate variability, skin conductance, and body heat exposure. The automotive industry is integrating these fatigue-sensing wearables into passenger cars and motorcycles as part of advanced driver assistance systems (ADAS). These systems help detect driver fatigue, drowsy driving, cognitive functions, and motor skill coordination in real-time. Machine learning algorithms and artificial intelligence are used for data analytics to provide timely interventions and fatigue management systems. The integration of these wearables with vehicle systems and autonomous driving technologies aims to prevent automotive accidents caused by fatigue. Wearable technology modality includes headbands, wristbands, earbuds, and rings for fatigue detection. These wearables are not only beneficial for driver safety but also for worker and pilot fatigue monitoring.

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Segment Overview 

This fatigue sensing wearables market in automotive sector report extensively covers market segmentation by  

Type 1.1 Smart watches1.2 Smart bands1.3 Wearable glasses1.4 Wearable headbandsTechnology 2.1 Biometric sensors2.2 Optical sensors2.3 EEG sensors2.4 ECG sensorsGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Smart watches-  The automotive sector is witnessing a significant trend towards integrating fatigue sensing wearables. These devices monitor drivers’ vital signs and alert them when fatigue is detected, enhancing road safety. Market growth is driven by increasing vehicle production and rising consumer awareness about road safety. Key players include Bosch, Honeywell, and Mitsubishi Electric. Collaborations and partnerships are common strategies to expand market presence.

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Research Analysis

The automotive market for fatigue-sensing wearables is gaining significant traction as the industry focuses on enhancing driver safety and integrating autonomous driving technologies. Wearables, including wristbands, headbands, and clip-ons, leverage various sensing capabilities such as Electroencephalography (EEG), Electrocardiography (ECG), Electromyography (EMG), Photoplethysmography (PPG), and others, to monitor driver fatigue. These devices use data analytics, machine learning algorithms, artificial intelligence, and vehicle systems integration to analyze physiological measurements and provide real-time alerts. Passenger cars and motorcycles are the primary focus areas for these wearables. However, privacy concerns and data security are crucial challenges that need to be addressed. Brainwave-based measurement and user-friendly interfaces with customization options are key features that can differentiate these products in the market.

Market Research Overview

Fatigue-sensing wearables in the automotive sector are revolutionizing driver safety by continuously monitoring cognitive functions and motor skill coordination. These nonintrusive systems, available as Wristbands, Headbands, Clipons, and even Earbuds, use various modalities such as Electroencephalography (EEG), Electrocardiography (ECG), Electromyography (EMG), Photoplethysmography (PPG), and more. These technologies can detect drowsiness and distraction, providing real-time interventions for passenger cars and motorcycles. These wearable devices offer advanced sensing capabilities, including heart rate variability, skin conductance, body heat exposure, and eye movements. They integrate with vehicle systems through Driver Assistance Systems (ADAS) and Autonomous driving technologies, enhancing road safety. Data analytics, artificial intelligence, and machine learning algorithms process the collected physiological parameters to accurately detect fatigue and alert drivers in a user-friendly manner. The wearables can also monitor worker and pilot fatigue, benefiting professional drivers and industrial workers. Battery life, connected devices, and privacy concerns are essential considerations for these fatigue management systems. Customization and personalization are crucial features, ensuring user comfort and acceptance. Fatigue-sensing wearables contribute to reducing fatigue-related accidents, improving cognitive function, mental workload, and overall safety. They are an essential component of the Internet of Things (IoT) and connected vehicles, paving the way for a safer and more efficient future.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSmart WatchesSmart BandsWearable GlassesWearable HeadbandsTechnologyBiometric SensorsOptical SensorsEEG SensorsECG SensorsGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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“India Global Forum’s mission more relevant than ever,” says Finance Minister Nirmala Sitharaman ahead of IGF Middle East and Africa 2024

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India Global Forum’s flagship event in UAE kicks off in Dubai on 25 November with IGF ForumPolicymakers, politicians, business figures and celebrities from India, UAE, Africa to converge at inaugural session

DUBAI, UAE, Nov. 24, 2024 /PRNewswire/ — Ahead of India Global Forum’s (IGF) flagship Middle East & Africa 2024 (ME&A 2024) in Dubai on Monday, 25 November, Finance Minister Nirmala Sitharaman commended the role of the organisation in fostering global partnerships.

“Through their impactful and outcomes driven work, India Global Form has consistently provided a platform that fosters a better understanding of modern India and its vast opportunities for the global audience. It has also played an important role in building meaningful cross-border connections.

“India Global Forum’s mission to build corridors of technology, talent, investment and trust is more relevant than ever,” she said.

Under the theme of ‘Limitless Horizons’, IGF ME&A 2024 will foster new partnerships and collaborations between India, the Middle East, and Africa, unlocking opportunities in sectors such as technology, finance, sustainability and innovation.

The two-day event will begin with a special address by India’s Commerce Minister Piyush Goyal.

The inaugural session will also witness UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, Omar al Olama, delve into the policies and reforms driving technological innovation in the UAE.

Looking forward to IGF ME&A, Indian Ambassador to the UAE, Sunjay Sudhir said: “The India-UAE relationship has entered an exciting new phase of exponential growth. We are at a moment in history where India-UAE relations are driving the synergy between our regions which has never been greater, and IGF serves as a beacon for harnessing this potential.”

Manoj Ladwa, Founder and Chairman, India Global Forum (IGF), said: “India’s External Affairs Minister, S. Jaishankar, aptly noted during his recent visit to Dubai that the India-UAE ties are in an era of new milestones. These ties are not just about trade figures or agreements – they represent a deeper alignment of values, aspirations, and shared visions for the future. IGF Middle East and Africa is an opportunity to channel this momentum into actionable outcomes that benefit not just our nations but the wider region.”

Featuring over 200 speakers and 1,000 participants across nine streams, IGF ME&A 2024 includes:

IGF Dialogues: An exclusive gathering of industry leaders and policymakers engaging in peer-to-peer roundtable discussions.IGF Forum: A Deep dive into how India, the Middle East, and Africa can embrace limitless horizons in a changing worldLeaders Dinner: An exclusive by-invite only dinner at the BAPS Hindu Mandir in Abu DhabiFounders and Funders Forum: Spotlighting the possibilities and pitfalls of the growing role of AI in India, the Middle East, and Africa.Climate and Business Forum (ClimB) – Exploring how businesses can achieve growth while prioritising sustainability and climate actionIGF Focus Forum – Discussions across diverse event streams, including leadership, entrepreneurship, healthcare, skilling and cultureDisruptors in the Desert – Demystifying emerging trends and technologies across key sectors poised to shape the next decade of the Global South. 

These engagements will tackle pressing global challenges, from climate change and energy transition to the future of AI and digital economies, bringing together a diverse lineup of global leaders, business pioneers, policymakers, and innovators.

Key Speakers across the event include:

H.E. Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work ApplicationsH.E. Sunjay Sudhir, Ambassador of India to UAEMahesh Bhupathi, Indian Tennis LegendYusuf Tambawala, Vice President of Growth & Business Support, DP WorldLeander Paes, Indian Tennis LegendAbhimanyu Munjal, Managing Director and CEO, Hero FincorpHarsh Jain, Co-Founder, Dream11Monish Shah, Founder and CEO, DreamSetGoSanjay Nayyar, Founder and Chairman, Sorin AdvisorsAmnah Ajmal, Executive Vice President, Market Development, Eastern Europe, Middle East and Africa, MastercardNeeraj Makin, Senior Executive Vice President, Group Head – Strategy, Analytics & Venture Capital, Emirates NBDSiddharth Shah, Co-founder, PharmeasyFaizal Kottikollon, Chairman, KEF HoldingsRola Abu Manneh, CEO Middle East, Standard CharteredSiddharth Balachandran, Executive Chairman & CEO, Buimerc CorporationKuppulakshmi Krishnamoorthy, Global Head, Zoho for StartupsMina Liccione, Comedian, Dubomedy

About India Global Forum
India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity.  To know more, click here

Social Media Handles & Hashtag to Follow
Twitter: @IGFUpdates & @manojladwa
LinkedIn: India Global Forum
#IGFUAE

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Logo – https://mma.prnewswire.com/media/2566069/IGF_Logo.jpg

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Zooming into the green transformation, the “Together We Act” platform for China’s dual-carbon talent plan was released

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“Empowering Green Value Chains, Contributing to New Productive Forces” Side Event was Successfully Held at COP29

BAKU, Azerbaijan, Nov. 23, 2024 /PRNewswire/ — The side event titled “Empowering Green Value Chains, Contributing to New Productive Forces” was held in Baku, Azerbaijan, during COP29. The event was jointly organized by the Vanke Foundation, C Team, and Phoenix TV. The aim of the event was to explore how industries in China can empower human capital and implement green value chains to achieve green, efficient, and low-carbon operational models under the country’s dual-carbon strategy. The goal was also to inspire new productive forces and drive the green transformation of economic and social development.

The side event brought together experts, scholars, business representatives, and NGO partners from both China and abroad to discuss the latest global trends and developments in green value chains across key industries. The event was chaired by Yang Peidan, Director of C Team. In her opening remarks, Liu Xi, Senior Manager of Climate Change and Biodiversity at the Vanke Foundation, highlighted the foundation’s vision of a “beautiful and shared future home” and its commitment to promoting environmental protection and social public welfare. She also introduced the “Net Zero Drive” Talents Acceleration Initiative, unveiling the “Together We Act” platform, a significant new step in the foundation’s efforts to align with its strategies.

Liu Yifeng, Deputy Director of C Team, provided an in-depth introduction to the “Together We Act” platform. This platform aims to cultivate and empower talents in the field of China’s dual-carbon strategy, equipping individuals with the knowledge and skills needed to better adapt to and lead the green low-carbon transformation.

C Team is implementing a strategic upgrade to support the development of emerging industry talents while facilitating the transition of workers from traditional industries. This initiative aims to create a green employment market system. According to Liu, workers in traditional industries need to adapt to the “new wave” of industry transformation, while employees in emerging sectors must quickly update their knowledge and skills to keep pace with technological advancements. Through effective training and accelerated efforts, industries, businesses, and regions can better apply technologies and management practices, achieving both technological and energy transformations.

To this end, C Team has partnered with Tencent to develop the “Together We Act” platform. The platform breaks down knowledge into “knowledge cards,” which are categorized and tailored for workers in need of transformation or upskilling. The platform offers smart, content-driven training and quantitative assessments. By using algorithms, the platform provides personalized knowledge to users and includes management features that allow administrators to assign tasks and learning objectives. Knowledge and exercises are managed separately, creating a flexible and intelligent learning system.

Additionally, C Team plans to leverage the data on workforce technology upgrades and training behaviors collected by the platform to analyze the impact of dual-transformation policies and strategies on the workforce in both corporate supply chains and regional areas. This data will help companies and local governments better understand workforce trends and provide support for industry and regional transitions.

Media’s role is also essential in promoting new productive forces. Yang Yuntong, Director of International Cooperation and Project Operations at Phoenix TV, shared that as the largest well-rounded Chinese-language cultural media group overseas, Phoenix TV has long been committed to advancing new productive forces through practical actions. The group has been actively involved in climate-change communication in China and has hosted the annual “Zero-Carbon Mission International Climate Summit” for the past four years in the lead-up to COP, providing a platform for dialogue and discussion among stakeholders and influencing corporate practices and public advocacy.

Xu Shilun, head of the ESG projects at Onewo’s Sustainable Development Center, shared that reducing energy consumption and carbon emissions in property management are key concerns for the company. Onewo is integrating its experience from managing various spaces, such as communities and office buildings, into its “Magic Stone” AI system, focusing on energy management to improve carbon management efficiency in public spaces and encourage owners and tenants to adopt greener lifestyles.

The roundtable discussion focused on two main themes: “Collaborative Innovation of Diverse Forces in Creating New Productive Forces” and “Empowering Green Value Chains to Drive the Green Transformation of Economic and Social Development”. Representatives from leading companies such as JA Solar, Anta Group, Lenovo, Carbonstop, PES, Exiss, ACT, Dasso, Hainan Deeprock, and SQUAKE participated in the discussion. The Secretary of the CPC Municipal Committee of Huzhou City, Chen Hao, also joined via video to introduce the innovative concept of “Bamboo Forest Carbon Sequestration.”

The organizers stated that the side event was not only a deep exploration of green development concepts but also a firm commitment to future sustainable development. C Team plans to further collaborate with nonprofit organizations, environmental foundations, leading enterprises, research institutions, and knowledge service platforms to jointly promote public and inclusive transformation, ensuring that high-quality training content is presented on the platform. Through collective effort and the pooling of knowledge and resources, the event sought to support industry development, regional transformation, and the green transformation of society.

About C Team:
C Team is a non-profit organization dedicated to promoting corporate climate action and sustainable development.

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SOURCE C Team

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Urgent Call: Donate Electronics to Empower Charities Nationwide

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TORONTO, Nov. 23, 2024 /CNW/ – This holiday season, the Electronic Recycling Association (ERA) is spreading the spirit of giving with its annual 12 Days of Electronic Giving campaign. Aiming to donate over 200 electronic devices to charities across Canada, ERA is committed to empowering organizations to deliver critical services to their communities.

However, the demand for electronics remains pressing. More than 500 charities are still on ERA’s waitlist—a number that highlights the urgent need for public and corporate donations of pre-loved technology.

“Together, We Can Create Impact”
Bojan Paduh, Founder and President of ERA, urges individuals and businesses to step up this holiday season:

“We’ve accomplished so much, but hundreds of charities are still waiting for essential technology to continue their work. I encourage everyone to consider donating their unused laptops, tablets, or cell phones. Your generosity can transform lives and reduce e-waste at the same time.”

ERA’s 12 Days of Electronic Giving campaign is already making an impact, supporting a wide range of organizations across the country, including:

Children’s Autism Services of Edmonton – Edmonton, ABWinnipeg Humane Society – Winnipeg, MBBent Arrow Traditional Healing Society – Edmonton, ABCanadian Mental Health Association – Toronto, ONYork Region Educational Services – Toronto, ONIt Takes a Village Community Outreach and Advocacy – Halifax, NSToronto Fringe – Toronto, ONMarina Housing Co-op – Vancouver, BCAgape Table Inc. – Winnipeg, MBGreater Edmonton Live-In Society – Edmonton, ABEqual Housing Initiative Inc. – Winnipeg, MBValley Community Learning Association – Kentville, NSAlberta Children’s Hospital – Calgary, AB

How You Can Help
The holidays are the perfect time to give back. If you or your organization have unused electronic devices gathering dust, ERA invites you to donate and make a meaningful difference. Whether it’s a laptop, tablet, or cell phone, every device can create opportunities, reduce e-waste, and bring hope to someone in need.

Donating is Simple
ERA offers convenient, free pickup services across Canada.

Call: 1-877-9EWASTE / Email: info@era.ca / Visit: www.era.ca to schedule a pickup.

Let’s Make This Season Count
“Your donation today can change lives tomorrow,” adds Paduh. “Together, we can meet the urgent needs of these charities while fostering a sustainable future.”  Don’t wait—help ERA ensure no charity is left behind this holiday season.

SOURCE Electronic Recycling Association

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