Automotive Lane Keep Assist System Market Size to Cross USD 7 Billion by 2026
The global Automotive Lane Keep Assist System Market size is anticipated to around USD 7 billion by 2026, this market is anticipated to grow with 16% CAGR during the forecast time period.
Technological innovations in the automotive industry are constantly leading to the addition of new features to the vehicles to reduce road accidents and improve driving safety. Increasing numbers of fast-moving vehicles on the road and the construction of highways and expressways are pushing the need for safety systems such as lane departure alert. Automotive lane keep assist system is a system designed to warn drivers when moving the vehicle off the lane. Automotive lane keep assist system provides visual, vibrational, and auditory warnings to the driver whenever the car moves out of the lane.
Market Drivers and Challenges
Increasing number of road accidents is anticipated to increase demand for the alarm system for automotive lane keep assist system. In addition, rising consumer awareness about road safety is anticipated to fuel demand for a global automotive lane keep assist system market. Other considerations, such as increased demand for cars and related regulatory policies concerning with road safety and mandatory use of the warning system in vehicles especially in Europe, are also anticipated to drive growth of automotive lane keep assist system market. Integrating automotive lane keep assist system with vehicle however increases overall vehicle costs. Vehicle manufacturers thus stop incorporating the automotive lane keep assist system and sell it as an extra option that, in turn curbs the demand of automotive lane keep assist system.
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Automotive Lane Keep Assist System Market (By Component: Actuator, Vision Sensor/Camera, EPAS Electronic Control Unit; By Sales Channel: Aftermarket, OEMs; By End Use: Commercial Vehicle, Passenger Cars) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026
Despite its numerous benefits, there are certain drawbacks to the automotive lane keep assist system. An electronic processing and positioning unit controls the entire system that faces cyber-attack and hacking threats. A computer communication hacker will potentially gain complete control over the operation of the vehicle which could pose a threat to human life. Furthermore, the lane-keeping aid system sensors cannot sense fading lane markings and the lane-keeping assist system does not function properly in severe environmental circumstances such as fog, snow, rain etc. Such minor inconveniences are expected to hamper the lane to some degree in the near future in order to sustain a company of assisting vehicles.
Regional Outlook
Europe is projected to contribute a large share of global demand for automotive lane keep assist system owing to stringent regulations regulating vehicle safety. Increasing demand for cars with features including lane departure warning system, driver assistance system, and power-assisted steering is also anticipated to increase the regional market for the automotive lane keep assist system. On the other hand, North America will account for the second largest market share of the global automotive lane keep assist system market due to increasing awareness of road safety in the region.
About the Market
The active safety system designed for passenger safety is automotive lane keep assist system. When the car is moving on road to avoid any chance of collision automotive lane keep assist system is used, it lets the driver prevent obstacles and mistakes. If disturbances and mistakes are detected by the driver, the system provides the driver with a visual, vibrational, and audible warning to prevent these situations. Regulations and increased awareness of road and passenger safety are responsible for the mass implementation of these devices. Aftermarket is expected to experience significant growth due to cost-efficiency.
Key Players & Strategies
Top companies operating in the global market are Delphi Automotive PLC., Denso Corporation, Continental AG, Valeo, ZF Friedrichshafen AG, Robert Bosch GmbH, and others. Global automotive lane keep assist system market offers high growth opportunities and leading manufactures are investing in research and development to reduce the cost of lane departure warning.
In 2019, Toyota announced to launch RAV4 model, with a number of safety features, such as a forward collision alarm system with pedestrian detection and automatic emergency braking, a full-speed dynamic radar cruise control, high beams for automatic detection steering aid for lane departure alerts, and lane maintenance assistance.
Market Segmentation
Market By Component
- Actuator
- Vision Sensor/Camera
- EPAS Electronic Control Unit
Market By Sales Channel
- Aftermarket
- OEMs
Market By End Use
- Commercial Vehicle
- Passenger Cars
Market By Geography
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
- What is the overall structure of the market?
- What was the historical value and what is the forecasted value of the market?
- What are the key product level trends in the market?
- What are the market level trends in the market?
- Which of the market players are leading and what are their key differential strategies to retain their stronghold?
- Which are the most lucrative regions in the market space?
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TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Automotive Lane Keep Assist System
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automotive Lane Keep Assist System Market By Component
1.2.2.1. Global Automotive Lane Keep Assist System Market Revenue and Growth Rate Comparison By Component (2015-2026)
1.2.2.2. Global Automotive Lane Keep Assist System Market Revenue Share By Component in 2018
1.2.2.3. Actuator
1.2.2.4. Vision Sensor/Camera
1.2.2.5. EPAS Electronic Control Unit
1.2.3. Automotive Lane Keep Assist System Market By Sales Channel
1.2.3.1. Global Automotive Lane Keep Assist System Market Revenue and Growth Rate Comparison By Sales Channel (2015-2026)
1.2.3.1.1.1. Aftermarket
1.2.3.1.1.2. OEMs
1.2.4. Automotive Lane Keep Assist System Market By End Use
1.2.4.1. Global Automotive Lane Keep Assist System Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.4.2. Commercial Vehicle
1.2.4.3. Passenger Cars
1.2.5. Automotive Lane Keep Assist System Market By Geography
1.2.5.1. Global Automotive Lane Keep Assist System Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Automotive Lane Keep Assist System Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Automotive Lane Keep Assist System Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Automotive Lane Keep Assist System Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Automotive Lane Keep Assist System Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Automotive Lane Keep Assist System Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Automotive Lane Keep Assist System Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Automotive Lane Keep Assist System Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Automotive Lane Keep Assist System Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Automotive Lane Keep Assist System Major Manufacturers in 2018
CHAPTER 4. AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY COMPONENT
4.1. Global Automotive Lane Keep Assist System Revenue By Component
4.2. Actuator
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Vision Sensor/Camera
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. EPAS Electronic Control Unit
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY SALES CHANNEL
5.1. Global Automotive Lane Keep Assist System Revenue By Sales Channel
5.2. Aftermarket
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. OEMs
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY END USE
6.1. Global Automotive Lane Keep Assist System Revenue By End Use
6.2. Commercial Vehicle
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Passenger Cars
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY COUNTRY
7.1. North America Automotive Lane Keep Assist System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Automotive Lane Keep Assist System Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Automotive Lane Keep Assist System Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY COUNTRY
8.1. Europe Automotive Lane Keep Assist System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Automotive Lane Keep Assist System Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY COUNTRY
9.1. Asia-Pacific Automotive Lane Keep Assist System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Automotive Lane Keep Assist System Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY COUNTRY
10.1. Latin America Automotive Lane Keep Assist System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Automotive Lane Keep Assist System Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA AUTOMOTIVE LANE KEEP ASSIST SYSTEM MARKET BY COUNTRY
11.1. Middle East & Africa Automotive Lane Keep Assist System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Automotive Lane Keep Assist System Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Delphi Automotive PLC.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Denso Corporation
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Continental AG
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Valeo
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. ZF Friedrichshafen AG
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Robert Bosch GmbH
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Others
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
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