Press release
Automotive LKAS (Lane Keeping Assist System) Market Size, Trends, Emerging Market Trends And Forecast By Players and Types By 2025
The Automotive LKAS (Lane Keeping Assist System) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automotive LKAS (Lane Keeping Assist System).
When unexpected lane departures occur or are predicted to occur due to dozing off at the wheel, the LKAS system helps to maintain the current lane by controlling the steering wheel. In road-transport terminology, a lane departure warning system is a mechanism designed to warn the driver when the vehicle begins to move out of its lane (unless a turn signal is on in that direction) on freeways and arterial roads.
In terms of production side, this report researches the Automotive LKAS (Lane Keeping Assist System) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Automotive LKAS (Lane Keeping Assist System) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report includes the following manufacturers; we can also add the other companies as you want.
Continental
BOSCH
ZF
Delphi
Valeo
Magna
Hyundai Mobis
DENSO
Hella
Market Segment by Product Type
Video Sensors
Laser Sensors
Infrared Sensors
Market Segment by Application
Passenger Car
Commercial Vehicle
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Market Overview
The Automotive Lane Keep Assist System is a crucial driver assistance technology designed to enhance vehicle safety by preventing unintentional lane departure. Integrated with forward-facing cameras and sensors, LKAS monitors road markings and provides steering input or warnings to keep the vehicle within its lane. As the demand for autonomous driving and advanced driver assistance systems (ADAS) grows, lane keep assist has become an essential feature in modern vehicles.
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Automotive Lane Keep Assist System Market Overview
The Global Automotive Lane Keep Assist System Market was valued at USD 7.2 billion in 2022 and is projected to reach USD 42.7 billion by 2032. This represents a robust Compound Annual Growth Rate (CAGR) of 19.9% from 2023 to 2032. The growing emphasis on road safety and advancements in automotive technologies are driving the rapid expansion of this market.
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