DUBLIN, July 15, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Lane Departure Warning System Market 2016-2020" report to their offering.
The global LDWS market to grow at a CAGR of 28.67% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global LDWS market 2016-2020. To calculate the market size, the report considers the unit shipments of LDWS and integrated ADAS with LDWS by the OEMs and aftermarket sales for passenger vehicle segment. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver augmenting growth is the growing safety awareness among end-users. Currently, customers accord more importance to safety features rather than the cost of the vehicle. Growing concern about passenger safety has compelled many automobile manufacturers to implement driver assistance systems. A focus on integration of passive safety systems with active safety systems (especially ACC, AEBS, BSD, LDWS, and NVS) is also increasing. LDWS represent one of the prominent safety features, which is being increasingly adopted in new vehicles.
Technology advancements in ADAS will be one of the key trends in this this market. ADAS works to enhance vehicle safety by simplifying the driving process and reducing sources of driver distraction. With ADAS support, a driver can find safer roads that help to avoid accidents. ADAS is capable of reducing instances of road mishaps and requires a combination of features to do so. For developers, the future of ADAS lies in five key trends automotive systems infrastructure, automotive human machine interface (HMI) design, connectivity, embedded vision, and sensors.
Further, the report states that numerous functional issues will negatively affect this market's growth prospects during the forecasted period. An effective LDWS will need to function irrespective of the lane boundary type. These problems will reduce the efficiency of these systems. In some cases, these problems can lead to false alarms or no alarms at all when the lane is changed without indicators. LDWS go through certain performance tests like warning generation test on curves, a repeatability test on a straight course, and tests for false alarms, to make them more effective.
Other prominent vendors
- Magna International
- ZF TRW
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
PART 15: Appendix
For more information visit http://www.researchandmarkets.com/research/65zqkh/global_lane
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