Global Automotive Lane Warning Systems Market

Lane warning system is a mechanism designed to warn the driver when the vehicle begins to move out of its laneon freeways and arterial roads. The 3 main causes of collisions are driver error, distractions and drowsiness. The automotive lane warning systems is mainly designed to reduce accidents due to these causes. In 2009 the U.S. National Highway Traffic Safety Administration (NHTSA) began studying whether to mandate lane departure warning systems and frontal collision warning systems on automobiles.

Market Dynamics:

The sales of passenger cars and trucks, and government initiatives on vehicle safety are the key drivers driving the global automotive lane warning system market. Owing to this technology, there has been a rise in the adoption of automotive lane warning system embedded vehicles buyers. Increased consumer awareness for safety, government initiatives and rising number of accidents have influencedthe automotive lane warning system market. The major hindrances in the market are the high cost of automotive lane warning system technology, and the low disposable incomes in underdeveloped economies, are considered to be the restraining factors. A major trend in this market is the growing sales of luxury vehicles. Development of autonomous vehicles is also impacting the lane warning system market. Organizations are now focusing on Research &Development activities to come up with better and technologically advanced products for increasing the safety components in their vehicles.

To make the most out of technology, auto manufacturers are focussing on collaborating with automotive safety experts and automotive camera manufacturers to integrate radar and cameras in vehicles leading to the integration of video sensing, radar sensing, and data fusion technologies into a single module. The integration of various sensors for enhancing passenger and vehicles safety will impel the growth prospects of this market.

Market Segmentation:

The global Automotive Lane Warning Systems market can be segmented on the basis of functioning type, sensors type, sales channel.

1. Functioning type:

i) LDWS

ii) LKS

2. Sensor type:

i) Video

ii) Laser

iii) Infrared

3. Sales Channel:

i) OEM

ii) Aftermarket

Geographical Analysis:

Regionally, the global automotive lane warning system market has been segmented as North America, Europe, Asia Pacific and Rest of the World. Europe accounts for the largest market share followed by North America and Asia-Pacific. Europe, has witnessed a rise in the sales of luxury vehicles, which has augmented the demand for automotive lane warning system, here. Additionally, the growing road safety awareness, and strict government regulations have augmented the market growth. Germany, UK and France are the leading countries in Europe, which has fuelled the growth of the market.

Key Players:

Some of the major market players are Continental AG, Delphi, Hitachi, Mobileye, Nissan, Robert Bosch GmbH, Autoliv, Mobileye, ZF TRW, and WABCO.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage