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Lane departure warning system market to grow at a CAGR of 28.67%

According to a new research report by ReportsnReports, technology advancements in ADAS will be one of the key trends in this this market. ADAS works to enhance vehicle safety by simplifying the driving process and reducing sources of driver distraction. The technology is capable of reducing instances of road mishaps and requires a combination of features to do so. For developers, the future of ADAS lies in five key trends automotive systems infrastructure, automotive human machine interface (HMI) design, connectivity, embedded vision, and sensors.

Currently, customers accord more importance to safety features rather than the cost of the vehicle. Growing concern about passenger safety has compelled many automobile manufacturers to implement driver assistance systems. A focus on integration of passive safety systems with active safety systems (especially ACC, AEBS, BSD, LDWS, and NVS) is also increasing. LDWS represent one of the prominent safety features, which are being increasingly adopted in new vehicles.

Stringent vehicle safety regulations adopted by governments have boosted the demand for LDWS in vehicles. Lane departure warning system is one of the prominent safety features which is being increasingly adopted in new vehicles. Europe dominates the global lane departure warning system market, accounting for 41% of the overall market share. EU has the most stringent laws relating to vehicle safety, leading to the higher adoption of LDWS system.

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The automotive industry is adopting LDWS as it helps in attaining zero road fatalities coupled with catering to consumer safety demands and adherence to government regulations. The auto manufacturers are collaborating with automotive safety and automotive camera manufacturers to integrate radar and cameras in vehicles, where video sensing, radar sensing, and data fusion are integrated in a single module.

The following companies are the key players in the global lane departure warning system (LDWS) market: Bosch, Continental, Denso, and Delphi. Other prominent vendors in lane departure warning system market are: Magna International, Autoliv, Mobileye, ZF TRW, and WABCO.

An effective LDWS will need to function irrespective of the lane boundary type. These problems will reduce the efficiency of these systems. In some cases, these problems can lead to false alarms or no alarms at all when the lane is changed without indicators.

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