Automotive Parental Control System Market: By New Business Developments, Innovations, And Top Companies 2020–2030

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Automotive Parental Control System: Introduction

  • Rising demand for safety among consumers is propelling the global automotive parental control system market. The parental control system in a vehicle is a combination of several technologies installed the vehicle. Parent control can be a software-based application, or a service, offered by the parent control system service provider. Software-based systems only perform limited operations, such as Car-Mode or Driving-Mode, while a service provider can offer additional services including Car-Mode/ Driving-Mode.

Key Drivers of Automotive Parental Control System Market

  • Stringent regulations pertaining to vehicle safety are expected to propel the global automotive parental control system market. According to WHO, globally, 93% of the world’s fatalities on the roads occur in low- and middle-income countries and among these accidents, the probability of fatality increases by almost 3 times if a teenager is in charge of driving. Under the guidance of parent control systems (PCS), teenagers who had PCS installed in their vehicles have been found to be more vigilant about safer driving than their non-PCS counterparts. Therefore, it is mandatory to install the parent control system if a teenager is learning to drive for the safety of vehicle passengers and pedestrians. This, in turn, is propelling the global automotive parental control system market.
  • According to Governors Highway Association of the U.S., over-speeding was found to be a defining factor in 33% of fatal teenager-involved car crashes. However, this was observed to decline significantly with the increase in installments of PCS. In addition to control over driving boundaries and exclusions, parent control systems help reduce numerous instances of speeding, which in turn, reduces the probability of vehicle crashes.
  • Advancements in vehicle safety technologies are expected to drive the global automotive parental control system market. For instance, Hyundai Motors has developed fingerprint technology to unlock and start the vehicle engine. A vehicle owner can setup a fingerprint for unlocking and engine start and prevent a minor from accidently turning on the vehicle engine. Additionally, other vehicle owners can install similar biometric systems to establish parent controls.

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North America and Europe combined to account for major share of global automotive parental control system market

  • In terms of region, the global automotive parental control system market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America and Europe, cumulatively, are expected to account for a major share of the global automotive parental control system market.
  • High disposable income of the population and openness toward new technologies in these regions are propelling the automotive parental control system market. Rise in awareness about advantages of parental controls among consumers in countries across North America and Europe is further propelling the global automotive parental control system market in these regions.

Key Players Operating in Automotive Parental Control System Market

The global inland waterways vessels market is highly concentrated due to the presence of top manufacturers. A few key players operating in the global inland waterways vessels market are:

  • Atoll Ordenadores
  • Audiovox
  • Davis Instruments
  • Eissmann Group Automotive
  • Ford Motor Corporation
  • Gannet Guard Systems
  • GM
  • Infiniti
  • Mopar Connect
  • Orscheln
  • Panorama Automotive Industries Pvt. Ltd
  • Sakae Riken Kogyo Co
  • SILATECH S.r.l.
  • Volkswagen

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