Global Lane Departure Warning System Market Size, Status and Forecast 2022

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.
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.

Market Analysis and Insights: Global Lane Departure Warning System Market
The global Lane Departure Warning System market size is projected to reach US$ 7038.7 million by 2027, from US$ 4714.1 million in 2020, at a CAGR of 5.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Lane Departure Warning System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Lane Departure Warning System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Lane Departure Warning System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Lane Departure Warning System market.

Global Lane Departure Warning System Scope and Market Size
Lane Departure Warning System market is segmented by company, 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 in terms of revenue and forecast for the period 2016-2027.

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
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
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