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Lane Departure Warning System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 140 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5656333
Description Jump to:
The global lane departure warning system market size reached US$ 4.1 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 6.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.99% during 2023-2028.

Lane departure warning system (LDWS) refers to an in-vehicle electronic mechanism that monitors the position of a vehicle within a lane of the roadway and alerts the driver in case of any deviation. The system uses video cameras and algorithms to detect road markings around the vehicle and monitor its position inside the lane. In case of any unintentional deviation, it warns the driver by sending a visual, audible or haptic signal, such as vibrations in the steering wheel. This enables the driver to counter-steer promptly, thereby minimizing the possibility of any accidents.

Significant growth in the automotive industry, along with increasing utilization of automated systems, is one of the key factors creating a positive outlook for the market. Furthermore, the rising number of road fatalities due to driver negligence is also providing a boost to the market growth. LDWS is primarily installed in passenger cars and other commercial vehicles to ensure the safety of both the passengers and pedestrians. Additionally, increasing awareness among the masses regarding road safety and the adoption of advanced driver assistance systems (ADAS), are acting as other growth-inducing factors. These systems automatically steer the vehicles back to the correct lane and assist the drivers in staying focused, minimizing unintended lane departures and avoiding accidents. Other factors, including the integration of advanced systems, such as radar sensing, data fusion and video sensing technologies into a single module, are expected to drive the market further.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global lane departure warning system market report, along with forecasts at the global, regional and counrty level from 2023-2028. Our report has categorized the market based on function type, sensor type, distribution channel and vehicle type.

Breakup by Function Type:

  • Lane Departure Warning System
  • Lane Keeping System

Breakup by Sensor Type:

  • Video Sensor
  • Laser Sensor
  • Infrared Sensor

Breakup by Distribution Channel:

  • OEM
  • Aftermarket

Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being Autoliv Inc., Continental AG, Delphi Technologies Plc (BorgWarner), Denso Corporation, Hitachi Ltd., Iteris Inc., Magna International Inc., Mobileye (Intel Corporation), Robert Bosch GmbH, Volkswagen AG and ZF Friedrichshafen AG.

Key Questions Answered in This Report:

  • How has the global lane departure warning system market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global lane departure warning system market?
  • What are the key regional markets?
  • What is the breakup of the market based on the function type?
  • What is the breakup of the market based on the sensor type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the vehicle type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global lane departure warning system market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Lane Departure Warning System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Function Type
6.1 Lane Departure Warning System
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Lane Keeping System
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Sensor Type
7.1 Video Sensor
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Laser Sensor
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Infrared Sensor
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 OEM
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aftermarket
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Vehicle Type
9.1 Passenger Cars
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Light Commercial Vehicles
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Heavy Commercial Vehicles
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Autoliv Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Continental AG
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Delphi Technologies Plc (BorgWarner)
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Denso Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Hitachi Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Iteris Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 Magna International Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Mobileye (Intel Corporation)
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Robert Bosch GmbH
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Volkswagen AG
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 ZF Friedrichshafen AG
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Lane Departure Warning System Market: Major Drivers and Challenges
Figure 2: Global: Lane Departure Warning System Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Lane Departure Warning System Market: Breakup by Function Type (in %), 2022
Figure 4: Global: Lane Departure Warning System Market: Breakup by Sensor Type (in %), 2022
Figure 5: Global: Lane Departure Warning System Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Lane Departure Warning System Market: Breakup by Vehicle Type (in %), 2022
Figure 7: Global: Lane Departure Warning System Market: Breakup by Region (in %), 2022
Figure 8: Global: Lane Departure Warning System Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Lane Departure Warning System (Lane Departure Warning System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Lane Departure Warning System (Lane Departure Warning System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Lane Departure Warning System (Lane Keeping System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Lane Departure Warning System (Lane Keeping System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Lane Departure Warning System (Video Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Lane Departure Warning System (Video Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Lane Departure Warning System (Laser Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Lane Departure Warning System (Laser Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Lane Departure Warning System (Infrared Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Lane Departure Warning System (Infrared Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Lane Departure Warning System (OEM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Lane Departure Warning System (OEM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Lane Departure Warning System (Aftermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Lane Departure Warning System (Aftermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Lane Departure Warning System (Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Lane Departure Warning System (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Lane Departure Warning System (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Lane Departure Warning System (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Lane Departure Warning System (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Lane Departure Warning System (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia Pacific: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia Pacific: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Lane Departure Warning System Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Lane Departure Warning System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Global: Lane Departure Warning System Industry: SWOT Analysis
Figure 78: Global: Lane Departure Warning System Industry: Value Chain Analysis
Figure 79: Global: Lane Departure Warning System Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Lane Departure Warning System Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Lane Departure Warning System Market Forecast: Breakup by Function Type (in Million US$), 2023-2028
Table 3: Global: Lane Departure Warning System Market Forecast: Breakup by Sensor Type (in Million US$), 2023-2028
Table 4: Global: Lane Departure Warning System Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Lane Departure Warning System Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 6: Global: Lane Departure Warning System Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Lane Departure Warning System Market Structure
Table 8: Global: Lane Departure Warning System Market: Key Players

Companies Mentioned

  • Autoliv Inc.
  • Continental AG
  • Delphi Technologies Plc (BorgWarner)
  • Denso Corporation
  • Hitachi Ltd.
  • Iteris Inc.
  • Magna International Inc.
  • Mobileye (Intel Corporation)
  • Robert Bosch GmbH
  • Volkswagen AG
  • ZF Friedrichshafen AG

Methodology

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Table Information

Report AttributeDetails
No. of Pages140
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 4.1 Billion
Forecasted Market Value ( USD ) by 2028 $ 6.1 Billion
Compound Annual Growth Rate6.8%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Lane Departure Warning Market

The Lane Departure Warning (LDW) market is a subset of the Telematics and Vehicle Electronics industry. LDW systems are designed to alert drivers when their vehicle begins to drift out of its lane. This is done by using sensors and cameras to detect lane markings and alert the driver when the vehicle begins to move out of its lane. LDW systems are becoming increasingly popular as they can help reduce the risk of accidents and improve driver safety. LDW systems are often integrated with other vehicle safety systems such as Adaptive Cruise Control, Blind Spot Detection, and Autonomous Emergency Braking. This allows for a more comprehensive safety system that can help reduce the risk of accidents. Some companies in the LDW market include Bosch, Continental, Denso, Delphi, and Autoliv. These companies are all involved in the development and production of LDW systems for the automotive industry. Show Less Read more

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