Press release
Automotive Lane Warning Systems Market Top Company Profiles with Competitive Landscape and Forecast to 2027
The most current study distributed by Market Intelligence Data, titled Global Automotive Lane Warning Systems Market from 2022 to 2027, provides a comprehensive market overview. The research evaluates the opportunities and current market status, providing insights and updates on the related segments involved in the Automotive Lane Warning Systems Market Report using historic data from 2016 to 2022 and forecasts until 2027 This record delivers a future analysis of the business in detail. The study simplifies the market circumstance and forecast restraints of the fundamental zones, with the logical presentation of preeminent producers, product types, and end-client associations.Automotive Lane Warning Systems Market is expected to register a CAGR of 16.7% over the forecast period 2022 – 2027
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The study covers competitive landscape of top manufacturers are: Delphi, Nissan, Bendix, Robert Bosch, Mobileye, Fujitsu, Hitachi, Continental, ZF TRW, Volkswagen
Recent Developments:
Hitachi has acquired 16 companies, including 4 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 5 assets.
Hitachi’s largest acquisition to date was in 2021, when it acquired Thales’s Ground Transportation Systems for $1.9B. It’s largest disclosed sale occurred in 2011, when it sold HGST to Western Digital for $4.3B. Hitachi has acquired in 4 different US states, and 10 countries. The Company’s most targeted sectors include information technology (38%) and machinery (13%).
Market Overview:
The increasing number of road accidents, worldwide, has led to the governments and international organizations enacting various stringent safety norms, thereby, leading to automotive manufacturers to equip vehicles with technologies, such as Automotive Lane Warning System (ALWS). Lane departure warning system can avoid nearly 7% of all fatal accidents.
Stringent government norms and regulations regarding passenger safety have been driving the market growth for the lane departure warning system.
Global Automotive Lane Warning Systems Market Segmentation:
Segmentation By Type:
Lane Departure Warning
Lane Keeping System
Other
Segmentation By Application:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
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https://www.marketintelligencedata.com/reports/1364496/global-automotive-lane-warning-systems-market-development-strategy-pre-and-post-covid-19-by-corporate-strategy-analysis-landscape-type-application-and-leading-20-countries?Mode=KS
Regional Analysis:
North America and Europe are the leading market in Automotive Lane Warning System
Most of the motor vehicle collisions are primarily due to human errors. For instance, in Virginia, in 2016 and 2017, the leading causes of traffic accidents were alcohol, speeding, and distracted driving. According to the US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) organization, almost one-third of the traffic-related fatalities in Virginia (220 crashes) specifically involved alcohol-impaired driving.
North America, Europe, China, Japan, Southeast Asia, and India are just a few examples.
North America is located in North America (United States, Canada, and Mexico).
Europe is a continent that has a (Germany, France, United Kingdom, Russia and Italy).
Asia and the Pacific (China, Japan, South Korea, India and Southeast Asia).
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Highlights of Automotive Lane Warning Systems Market report:
Detailed analysis of the Automotive Lane Warning Systems Market
Changing industry market dynamics
In-depth market segmentation by type, application, and other factors
Market size, both in terms of size and value, in the past, present, and future.
Current trends and advancements in the industry
Automotive Lane Warning Systems Market Competitive Landscape
Important players and product offerings
High-potential and specialist sectors/regions that are expected to flourish.
We Offer Customization on Report Based on Specific Client Requirement:
country Level analysis for any 5 countries of your choice.
Competitive analysis of any 5 key market players.
40 analyst hours to cover any other data point.
About Us:
Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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