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| Automotive Lane Warning System Market |
According
to TechSci Research report, “Global
Automotive
Lane Warning System Market By Function Type, By Sales Channel, By Vehicle
Type, By Sensor Type, By Region, Competition, Forecast & Opportunities,
2024”, global automotive lane
warning system market is expected to witness significant growth on account of increasing
demand for automobiles, growing cases of road accidents and rising awareness
pertaining to road safety. Moreover, technological advancements, such as ADAS,
lane keeping system, etc., along with stringent government regulations with
respect to safety of passengers are further boosting global automotive lane
warning system market. Additionally, with rising demand for luxury cars, the
demand for lane warning systems is also likely to increase, thereby fueling
growth in global automotive lane warning
system.
Browse an in-depth TOC on
" Global Automotive Lane Warning System Market "
Global automotive lane warning system market can be segmented based on
vehicle type, function type, sales channel and sensor type. Passenger car
segment dominates global automotive lane warning system market as on account of
their high sales and production. Moreover, due to increasing demand for lane
warning system, automakers have started implementing this technology in
passenger cars and commercial vehicles. Based on the function type, the market
can be bifurcated into lane departure warning and lane keeping system. Lane keeping
system warns the driver and if no action is taken, then the system
automatically takes the necessary step to keep the vehicle in lane. Lane
keeping system is expected to grow at sluggish rate due to its high cost and
availability only in luxury vehicles. Based on the sales channel, the market
can be segmented into OEM and aftermarket. OEM is predicted to acquire the
major share in global automotive lane warning system market as OEMs are
focusing on passenger safety and adoption of active safety systems to avoid
accidents.
Continental AG, Robert Bosch GmbH, Delphi Automotive LLP, Magna
International Inc., Denso Corp., Autoliv Inc., Bendix Commercial Vehicles
Systems LLC, ZF TRW, NVIDIA Corporation, Mobileye, among others are the leading
players operating in global automotive lane warning system market. Companies
operating in the market are using organic strategies such as product launches,
and mergers and collaborations in order to register positive growth in the
market. In 2017, Valeo launched its new LiDAR sensors to ensure
optimal and continuous operations in all weather conditions.
Customers can also request for 10% free
customization on this report.
“Europe
dominates global automotive lane warning system market on account of high sales
of luxury vehicles in countries such as Germany, UK and France. Moreover, safety
regulations imposed by the EU and presence of improved road infrastructure in
the countries of the region is further positively influencing the growth of automotive
lane warning system market in the region.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Global Automotive Lane Warning System Market By
Function Type, By Sales Channel, By Vehicle Type, By Sensor Type, By Region,
Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global automotive
lane warning system market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decision. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in global automotive
lane warning system market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
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