Teen Driver Technology Market – Global Analysis & Forecast, 2019 – 2030

Report ID : 232  |  Region : Global

The teen driver technology promotes safe driving habits by controlling the performance of vehicles and monitoring driving behaviors. Also several studies showcase that teenagers are not able to make strong decision while driving. According to the U.S. Department of Health & Human Services, only 58.8% of teenagers wore seat belts when riding as passengers, teenagers drive vehicles faster than old drivers and about 93% of teenagers play loud music while driving, which increases the risks of road accidents. Hence, many automotive technology developers came up with the teen driver technology that promotes safe driving. For instance, Chevrolet (General Motors Company) developed the teen driver technology that offers a wide range of safety features such as speed alerts, volume limitations, vehicle report card generation, and others.

The technology offers a wide range of features such as rear seat reminder, report card data generation after trips, speed warnings, speed limiters, forward collision alerts, side blind zone alerts, rear cross traffic alerts, and others. Increasing road accident across the globe, convenient installation of the technology in vehicles, and the increasing disposable income are some of the major factors that are driving market growth.

Some of the prominent players operating in the market are Chevrolet (General Motors Company), SAFETY ALERT NETWORK, INC., Ford Motor Company, NexTraq, LLC, and InSight Mobile Data, among others.

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