Global Lane Departure Warning System Market to Grow at a CAGR of 28.67% During Forecast 2016-2020

ResearchMoz added Latest Research Report titled " Global Lane Departure Warning System Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

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Albany, NY -- (SBWire) -- 07/08/2016 --Lane Departure Warning System (LDWS) are designed to help drivers reduce the number of unintended lane departures. Such systems help drivers to focus on driving and avoid accidents that may result from lack of attention or drowsiness. Many single vehicle departure crashes take place in light traffic situations and good weather conditions. LDWS warn drivers every time they unintentionally drift from their lane. The system works by detecting the vehicle position with respect to road lane markings and evaluates the position of the vehicle with the help of a camera system mounted on the windshield. The system is geared to warn the driver but does not initiate automatic action to prevent lane departures.

The global LDWS market to grow at a CAGR of 28.67% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global LDWS market 2016-2020. To calculate the market size, the report considers the unit shipments of LDWS and integrated ADAS with LDWS by the OEMs and aftermarket sales for passenger vehicle segment.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe

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Technavio's report, Global LDWS Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Bosch
- Continental
- Denso
- Delphi

Other prominent vendors
- Magna International
- Autoliv
- Mobileye
- ZF TRW
- WABCO

Market driver
- Growing safety awareness among end-users
- For a full, detailed list, view our report

Market challenge
- Need to comply with multiple industry specifications
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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