Market Analysis and Insights: Global Lane Departure Warning System Market
In road-transport terminology, a lane departure warning system is a mechanism designed to warn the driver when the vehicle begins to move out of its lane on freeways and arterial roads.
The global Lane Departure Warning System market size is projected to reach US$ 7038.7 million by 2028, from US$ 4714.1 million in 2021, at a CAGR of 5.4% during 2022-2028.
These systems are designed to minimize accidents by addressing the main causes of collisions: driver error, distractions and drowsiness. There are three types of systems: Systems which warn the driver (lane departure warning, LDW) if the vehicle is leaving its lane (visual, audible, and/or vibration warnings); Systems which warn the driver and, if no action is taken, automatically take steps to ensure the vehicle stays in its lane (lane keeping system, LKS); Systems which take over steering, keep the car centered in the lane, and ask the driver to take over in challenging situations.
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Global Lane Departure Warning System Scope and Market Size
Lane Departure Warning System market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Lane Departure Warning System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Lane Departure Warning (LWD)
Lane Keeping System (LKS)
Lane Centering Assist (LCA)
Segment by Application
Original Equipment Manufacturer
Aftermarket
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Bosch
Continental
Denso
Delphi
Magna International
Autoliv
Mobileye
ZF TRW
Wabco