Lucintel Forecasts the Global Lane Departure Warning System Market to Reach $9.0 billion by 2030
Lucintel Forecasts the Global Lane Departure Warning System Market to Reach $9.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global lane departure warning system market looks promising with opportunities in the OEMs and aftermarket markets. The global lane departure warning system market is expected to reach an estimated $9.0 billion by 2030 from $4.3 billion in 2024 at a CAGR of 13.2% from 2024 to 2030. The major drivers for this market are growing number of traffic accidents and fatalities and increasing inclination of consumers towards0 more safety features in vehicles.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in lane departure warning system market to 2030 by type (video sensors, laser sensors, and infrared sensors), application (OEMs and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that infrared sensor will remain the largest segment over the forecast period as it provides highest level of accuracy.
Within this market, OEMs will remain the largest segment due to increasing demand for vehicles equipped with advanced safety features.
Download sample by clicking on lane departure warning system market
Europe is expected to witness highest growth over the forecast period due to growing awareness and recognition of active vehicle safety systems among consumers.
ROBERT BOSCH, Continental, Denso, Delphi Auto Parts, Magna International, Mobileye, and Autoliv are the major suppliers in the lane departure warning system market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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