automotive-lane-warning-systems-market
Published

August 2016

Global Automotive Lane Warning Systems Market - Analysis of Growth, Progress trends and Challenges (2016 - 2021)

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The global automotive Lane Warning Systems market is projected to grow at a CAGR of 34% and is anticipated to touch the billion-dollar mark by 2021. Europe contributed to a share of XX% in 2015, followed by the North America and Asia-Pacific with XX% and XX% respectively. According to NHTSA data, 37% of transportation accidents are due to running off from the road. In order to bring down the fatality rate, many OEMs and aftermarket manufacturers have focused on developing driver-assisted safety systems for safer drive experience.

Lane Departure Warning System (LDWS) is a technology that specializes in maintaining safety by alerting drivers when the vehicle has strayed from the intended lane. The functionality of LDWS is via a camera and three different sensors – video, laser and Infrared sensors placed at different positions in the vehicle. The camera tracks the lane boundaries and alerts the driver if the vehicle deviates from the prescribed path. A major technological advancement in this field is a smart drive-assisted LDWS that integrates the uses of both cameras into one and also trains the driver to tackle dangerous situations.

Increasing demand from the consumers to employ better safety systems and the growing autonomous vehicles market are factors driving the global automotive Lane Departure Warning Systems market. Market players are now focusing on R&D activities to come up with better and technologically advanced products.

The global automotive Lane Warning Systems Market is segmented by functioning type (LDWS, LKS), sensors type (video, laser and infrared), sales channel (OEM’s, Aftermarket) and geography (North America, South America, Asia-Pacific, Europe, Africa and the Middle East).

Some of the major market players are:

  • Continental AG
  • Delphi
  • Hitachi
  • Mobileye
  • Nissan
  • Robert Bosch GmbH

What the Report Offers

  • Market analysis for the Automotive Lane Warning Systems Market, with region specific assessment and competition analysis on the global and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario and rising prospective opportunities, along with the identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the global wearable medical devices market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
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Purchase Report
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Team license
$8750
Corporate license
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