Skip to main content

Global lane departure warning system market 2014-2018

TechNavio's analysts forecast the global lane departure warning system market to grow at a CAGR of 25.86 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for autonomous vehicles. The global lane departure warning system market has also been witnessing the increasing number of mergers and acquisitions. However, the recent economic slowdown could pose a challenge to the growth of this market. TechNavio's report, the Global Lane Depart
March 7, 2014 Read time: 2 mins
TechNavio's analysts forecast the global lane departure warning system market to grow at a CAGR of 25.86 percent over the period 2013-2018.

One of the key factors contributing to this market growth is the increasing demand for autonomous vehicles. The global lane departure warning system market has also been witnessing the increasing number of mergers and acquisitions. However, the recent economic slowdown could pose a challenge to the growth of this market.

TechNavio's report, the Global Lane Departure Warning System Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and the EMEA regions; it also covers the global lane departure warning system market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this space are 260 Continental AG, 7207 Delphi Automotive plc, Denso Corp., Robert 311 Bosch and Valeo.

Related Content

  • January 11, 2016
    Road safety market driven by rising road fatality rate
    The road safety market size is expected to grow from US$2.35 billion in 2015 to US$3.63 billion by 2020, at a compound annual growth rate (CAGR) of 9.1 per cent, according to the latest report from online market research company ReportsnReports. Major factors contributing to this growth are increasing road accident/fatality rates and growing government regulations and standards for road safety across the globe. The red light enforcement solution is estimated to contribute the largest market share during
  • December 2, 2015
    Collision avoidance systems market ‘worth US$50.38 billion by 2020’
    New research from MarketsandMarkets claims that the collision avoidance systems market is expected to grow from US$31.19 billion in 2014 to US$50.38 billion by 2020 at a CAGR of 7.74 per cent. The report, Collision Avoidance Systems Market by Device, Technology, Application (Automotive, Aerospace, Railway, Marine, and Construction & Mining), and Region (North America, Europe, Asia-Pacific, and RoW) - Global Trend & Forecast to 2020, says the market is expected to be driven by the growing focus of consumers
  • May 15, 2015
    Global BRT market 2015-2019
    In its latest report, Global Bus Rapid Transport Systems (BRT) Market 2015-2019, Research and Markets analysts have forecast that the global Bus Rapid Transit Systems (BRT) market will grow at a CAGR of 9.82 per cent over the period 2015-2019. BRT systems are highly sophisticated bus-based transit systems that are meant to deliver efficient, rapid, and cost-effective high capacity public transportation services. Apart from vehicles, BRT systems also comprise right-of-way lanes, on-board ITS and stations.
  • April 22, 2015
    Long-range electric vehicles ‘set to gain popularity globally’
    According to new analysis from Frost & Sullivan, the global electric vehicles (EV) market has made huge progress, with more than 55 models now available globally. Currently, over 70 per cent of the models on the market are battery EVs (BEVs) and approximately 25 per cent are plug-in hybrid EVs (PHEVs). Nevertheless, the number of PHEVs is likely to increase over the next three to four years. The market will see greater demand for longer-range vehicles that allow customers to drive up to and past the pure EV