Teen Driver Technology Market to Witness Growth Acceleration During 2019-2030 - Ford Motor Company, NexTraq

New York, NY -- (SBWire) -- 03/19/2020 --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.

Major Key Players of the Teen Driver Technology Market are:
Chevrolet (General Motors Company), SAFETY ALERT NETWORK, INC., Ford Motor Company, NexTraq, and InSight Mobile Data, among others.

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Teen Driver Technology Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Teen Driver Technology Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Teen Driver Technology Market revenue by understanding the strategic growth approaches.

Research objectives:-

– To study and analyze the global Teen Driver Technology consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Teen Driver Technology market by identifying its various sub-segments.
– Focuses on the key global Teen Driver Technology manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Teen Driver Technology with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Teen Driver Technology Market Size
2.2 Teen Driver Technology Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Teen Driver Technology Market Size by Manufacturers
3.2 Teen Driver Technology Key Players Head office and Area Served
3.3 Key Players Teen Driver Technology Product/Solution/Service
3.4 Date of Enter into Teen Driver Technology Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Teen Driver Technology Sales by Product
4.2 Global Teen Driver Technology Revenue by Product
4.3 Teen Driver Technology Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Teen Driver Technology Breakdown Data by End User

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In the end, Teen Driver Technology industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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