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PUBLISHER: IMARC | PRODUCT CODE: 1370343

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PUBLISHER: IMARC | PRODUCT CODE: 1370343

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

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Abstract

Market Overview:

The global lane departure warning system market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group 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:

IMARC Group 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?
Product Code: SR112023A2322

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
Product Code: SR112023A2322

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
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