Global Automotive Lane Keep Assist System Market 2017-2021

About Automotive Lane Keep Assist System

The LKAS is a part of ADAS, which warns the driver in case of an unintentional lane change. If there is no input from the driver, the system steers back the vehicle to the current lane. Mid-segment cars, luxury segment cars, super sports cars, and light commercial vehicles have been considered for market sizing due to the limited adoption of LKAS. Numerous studies showed that most of the car accidents occur due to the tiredness of drivers. It was seen that long-distance travelers become tired during the trip and tend to nod off while behind the wheel. Thus, vehicles have high chance to drift from their lane and meet accidents. To manage this issue, most vehicle manufacturers introduced technologies that can either try or prevent accidents altogether. The inexpensive alert systems just warned the drivers, whereas the expensive ones steered the vehicles back to the lane. These systems are known as LKAS.

Technavio’s analysts forecast the global automotive lane keep assist system market to grow at a CAGR of 23.8% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive lane keep assist system market for 2017-2021. To calculate the market size, the report considers the mid-segment cars, luxury segment cars, super sports cars, and light commercial vehicles.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Lane Keep Assist System Market 2017-2021, 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
• Delphi
• Denso
• Mobileye
• Valeo
Other prominent vendors
• Aisin Seiki
• Autoliv
• Calsonic Kansei
• Hyundai Mobis
• Magna
• Panasonic
• Visteon
• WABCO
• ZF-TRW
Market driver
• Rising safety concerns
• For a full, detailed list, view our report

Market challenge
• High cost pressure faced by OEMs
• For a full, detailed list, view our report

Market trend
• Increasing integration of multiple technologies
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

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