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.
Location Based Systems

For more information on companies in this article

Related Content

  • Europe expected to hold the largest share in smart transportation by 2021 say researchers
    April 7, 2017
    According to a new market research report from MarketsandMarkets, Europe is expected to hold the largest share of the smart transportation market, which is expected to grow from US$72.05 billion in 2016 to US$220.76 billion by 2021. The major drivers for an upsurge in demand for smart transportation include the rising requirement for integrated security and safety to enhance public safety and government initiatives to incorporate smart technologies into the existing transportation infrastructure. The
    Read More
  • Heavy cost of car safety systems gives buyers pause
    September 11, 2013
    New research by Frost and Sullivan finds that constant technological innovations in automotive safety warrant frequent updates to legislation. With the number of fatalities and injuries on the rise, legislative authorities in Europe are taking a keen interest in the safety of pedestrians, passengers and drivers. This enhanced focus on safety has far-reaching ramifications for the automotive industry.
    Read More
  • CRASH Predicts ‘unpredictable’ in traffic incidents
    November 11, 2015
    Road crashes are not as random as they may appear and analysing data can reveal patterns that can help various authorities target their resources more accurately. David Crawford reports. Figures from the US National Highway Traffic Safety Administration (NHTSA) show that in 2013 there were 32,719 people killed on American roads and 2.31 million injured. While these form part of an overall 25% drop over the decade from 2004, US Transportation Secretary Anthony Foxx continues to stress that reaching the procl
    Read More
  • Chinese city improves traffic flow with ISS
    June 13, 2014
    Image Sensing Systems’ (ISS) Hong Kong based subsidiary has supplied and installed 360 units of Autoscope video detection equipment for integration with traffic signal controllers in the large Chinese city of Jining, a coal mining area in the southern part of Shandong province. The city has a population of over eight million people and the rapid economic growth and explosive increase of individual vehicle ownership have lead to significant problems with traffic congestion. Local company Anhui Keli suppli
    Read More

Highlighted Content