Press release
Lane Keep Assist System and Adaptive Cruise Control Market Growth, Opportunities, Potential Applications and Analysis by 2025
Lane keep assist system and adaptive cruise control are active safety systems, which provide driver assistance and avoid vehicle collisions. This combination of the active safety systems are a part of the advanced driver assistance system (ADAS), which is considered as a backbone for autonomous vehicles.
Lane keep assist system and adaptive cruise control for automotive are designed to assist the driver by detecting lane markings on the road and distance of the vehicle in front. The combination of the systems in the vehicle reduces the possibility of accidental collision. The lane keep assist system detects the marking of the lane and assists the driver to keep the vehicle within the lane, either by providing a warning or by automatically steering the vehicle when it advances outside the desired lane.
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The global Lane Keep Assist System and Adaptive Cruise Control market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lane Keep Assist System and Adaptive Cruise Control in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Robert Bosch
Valeo
Continental
Denso Corporation
Delphi Automotive
ZF Friedrichshafen
By the product type, the market is primarily split into
Vision Sensor/Camera
EPAS Actuator
Electronic Control Unit
Radar Sensor
Others
By the end users/application, this report covers the following segments
OEMs
Aftermarket
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