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

  • July 24, 2015
    Smart transportation market worth US$138.76 billion by 2020
    According to a new market research report, Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Traffic Management, Smart Signalling, Multimodal Information Systems, Passenger Information Systems, Cloud Services, Business Services) - Global Forecast to 2020, published by MarketsandMarkets, the smart transportation market is set to grow from US$46.72 billion in 2015 to US$138.76 billion by 2020, growing at a CAGR of 24.3 per cent from 2015 to 2020.
  • April 13, 2016
    Public safety demand driving ITS market growth, says report
    The latest report from RnR Market Research indicates that one of the major factors positively impacting the intelligent transport systems market is the growing need for public safety as collision avoidance and dynamic warning systems are introduced to reduce the frequency of accidents by making users more aware of their surroundings. The analysts forecast global intelligent transport systems market to grow at a CAGR of 8.23 per cent during the period 2016-2020. The report, Global Intelligent Transport Sy
  • October 30, 2012
    ‘Need for sustainable transportation infrastructure drives the ITS market’
    According to a new report by Global Industry Analysts (GIA), the global Intelligent Transportation Systems market is projected to reach US$22.7 billion by the year 2018, driven primarily by the need to enhance road safety by efficiently managing traffic, enforcing speed limits and easing traffic congestion. Rising demand from developing nations to incorporate ITS solutions also bodes well for the future of the market. The report provides a comprehensive review of trends, product developments, mergers, acqu
  • October 5, 2015
    New report sheds light on the road safety market
    MarketsandMarkets’ latest report, Road Safety Market by Types (Highways and Bridges Safety, Urban Roads Safety and Tunnels Safety) & Systems (Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication, Incident Detection) - Worldwide Market Forecast (2014-2019) claims that major driving factors responsible for the growth of the market are the constant need for road safety and public security, new infrastructural development, and traffic congestion and longer commuting. The significa