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

October 2023 | 140 pages | ID: LBB02C2FE8B5EN
IMARC Group

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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?
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 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

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


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