市场调查报告书
商品编码
1488624
汽车车道警告系统市场:依车辆类型、依感测器类型、依功能类型、依执行器类型、依分销管道、依地区、机会、预测,2017-2031 年Automotive Lane Warning System Market Assessment, By Vehicle Type, By Sensor Type, By Function Type, By Actuators Type, By Distribution Channel, By Region, Opportunities and Forecast, 2017-2031F |
2024-2031年预测期间,全球汽车车道预警系统市场规模将以15.16%的复合年增长率扩大,从2023年的64.4亿美元增长到2031年的199.2亿美元。道路安全意识的提高、乘用车产量的增加、安全功能的快速整合、政府法规等预计将在预测期内推动汽车车道警告系统全球市场规模的成长。汽车车道警告系统有助于防止在没有正确号誌灯的情况下变换车道时发生事故。这些系统设计简单且易于安装,是明智的选择。
目前,汽车产业ADAS(高级驾驶辅助系统)的引进和开发正在取得长足进展。其中,车道预警系统有望成为专注于减少交通事故和碰撞发生率的重要技术。如果车辆无意中偏离指定车道,车道警告系统会提醒您注意诱发因素,从而提高整体道路安全并防止潜在的碰撞。变换车道警告系统的主要目的是警告驾驶员并鼓励他们采取正确的行动,以防止潜在的事故。
此外,自动驾驶和连网汽车的增加为全球汽车车道警告系统市场的参与者创造了新的成长机会。半自动和自动驾驶汽车製造商不断整合自动紧急煞车、车道偏离警告系统和自适应巡航控制等 ADAS 技术,以侦测和应对道路上的潜在危险。
本报告调查了全球汽车车道预警系统市场,提供了市场概况,并提供了有关车辆类型、感测器类型、功能类型、执行器类型、分销管道、区域趋势和市场概况的资讯。公司。
Global automotive lane warning system market is projected to witness a CAGR of 15.16% during the forecast period 2024-2031, growing from USD 6.44 billion in 2023 to USD 19.92 billion in 2031. Increased awareness concerning road safety, rising production of passenger vehicles, rapid integration of safety features, and government regulations are expected to drive the growth of global automotive lane warning system market size in the forecast period. Automotive lane warning systems help prevent accidents while changing lanes without appropriate signaling. These systems are a smart choice as they are designed to be hassle-free and easy to install.
Presently, the implementation and development of an advanced driver assistance system are considerably rising in the automotive industry. Among these systems, the lane warning system is projected to be an important technology focused on lessening the rate of road accidents or collisions. Whenever a vehicle unintentionally drifts out of its designated lane, lane warning systems alert drivers, enhance overall road safety, and prevent potential collisions. The main aim of lane warming systems is to warn drivers and prompt them to take corrective actions to prevent potential accidents.
In addition, an increase in autonomous and connected vehicles created new growth opportunities for the global automotive lane warning system market players. The manufacturers of semi-autonomous and autonomous vehicles are constantly integrating ADAS technologies, such as automotive emergency braking, lane departure warning systems, adaptive cruise control, and others, to detect and respond to potential hazards on roads. For instance, in January 2024, Continental AG announced offering assistance and automated mobility solutions by significantly integrating foremost safety features such as lane keep assist, automatic emergency braking, lane departure warning, blind spot detection, and others.
Significant Integration of ADAS Propels Market Growth
In the automotive industry, the integration of ADAS technology encompasses a variety of safety features to mitigate risk, avoid crashes, and improve the overall driving experience. Many new cars are already equipped with ADAS systems including lane-keeping assist, adaptive cruise control, blind spot detection, and autonomous emergency braking system to provide a 360-degree view and improve driver visibility. In addition, in emerging countries across the globe, many OEMs have introduced models with up to level 2 of ADAS. Features such as lane keep assist, blind spot detection, forward collision warning, lane departure warning, and others are available in different automobiles. Lane warning system functions as a fundamental element that paves the way for advanced functions including automated lane keeping systems and lane keeping assistance. The incorporation aligns with the automotive industry's direction toward safer and increasingly autonomous driving experiences. In addition, companies in the global market are collaborating to improve the driving experience during the day and night and zero traffic accident fatalities with the effective integration of ADAS.
For instance, in November 2023, KOITO and DENSO announced a collaboration to enhance the object recognition rate of image sensors in different traffic situations, including at night. The collaboration focused on developing adaptive driving beams and ADAS including forward collision warning, night vision, lane departure warning, and others to enhance the safety of vehicles at night.
Awareness Concerning Road Safety Surges Global Automotive Lane Warning Systems Market Demand
Rising concerns about road and vehicle safety and mitigating the risk of accidents have propelled the demand for advanced driver assistance systems such as lane warning systems. Consumers prefer vehicles with different advanced safety sensors and technologies due to the high perceived value of these technologically equipped vehicles and growing awareness concerning road safety. Integration of lane warning systems with other advanced safety technologies can help alert drivers to drive back to the center and prevent them from being in a crash, propelling the global automotive lane warning system market demand. In addition, global automotive lane warning systems manufacturers are collaborating to significantly integrate ADAS-like lane warning systems, promoting safe driving and addressing consumer safety issues.
For instance, TTTech Auto announced a collaboration with Mobileye to address safety requirements and accomplish a milestone in the pursuit of safe and reliable ADAS and AV technology. This collaboration also improves driver assistance by integrating automotive lane warning systems and autonomous driving technologies with groundbreaking ADAS and self-driving technologies.
Government Regulations Concerning ADAS Pushes Market Growth
Globally, governments are introducing safety assessment campaigns to identify the worth of automotive lane warning systems to mitigate the risk of potential accidents. Regulatory bodies and others aim to decrease fatalities and road accidents by introducing different safety standards. Moreover, government bodies in emerging countries have implemented stringent regulations on the automotive sector, mandating the incorporation of certain technologies in both new passenger and commercial vehicles due to many cases caused by unintentional lane departures. Government safety standards compelled automakers to integrate safety features, including lane warning systems solutions, into their vehicles.
For instance, in November 2023, the Government of India announced a plan to make ADAS safety functions compulsory in new vehicles to enhance road safety and decrease road accidents in the country.
Passenger Cars Segment Dominates the Market Growth by Vehicle Type
In developing and developed countries, the demand for passenger cars is significantly rising as it is the most common mode of transportation. The integration of advanced driver assistance systems in passenger cars and an increase in per capita income are driving the demand for passenger cars. In addition, the rapid availability and accessibility of passenger cars, specifically in developing countries, have increased the requirements for advanced safety features, including lane warning systems. Across different regions, governments have implemented strict regulations concerning integrating safety solutions in developed vehicles. Based on an automotive lane warning system market analysis, these standards increase the demand for lane warning systems in the passenger cars segment. Moreover, the growing adoption of autonomous and connected vehicles creates growth opportunities for global lane warning system market players in the passenger cars segment.
For instance, in March 2023, Valeo was awarded GM's Supplier of the Year in advanced driver assistance systems. Vehicles with ADAS confirm the safety of passengers and range from automatic emergency braking in the event of danger. To monitor driver alertness, it is important to adapt speed automatically, maintain the vehicle in correct lane, and adjust lighting.
Asia-Pacific Dominates the Market Growth
Asia-Pacific dominates the market growth due to an increase in disposable income of middle-class consumers, rapid trend of personalization and customization, rise in demand for passenger cars, and growing awareness of road safety features. In developing countries, specifically India and China, surges one of the highest rates of vehicle ownership across the globe, introducing a wide market for enhanced and effective automotive technologies, such as lane warning systems.
In addition, Asia-Pacific has a considerable rise in consumer awareness concerning vehicle safety. The awareness as well as the rise in investment by owners in safety technologies, has driven the growth of global market for lane warning systems. Furthermore, different road safety standards by organizations and government authorities in developed as well as developing countries compelled automakers to run different safety tests and confirm the advanced safety features in vehicles.
For instance, in November 2023, in India, the Ministry of Road Transport and Highways proposed the installation of inbuilt collision warning systems in four-wheelers to decrease the possibility of collision with cyclists and pedestrians nearby.
Future Market Scenario (2024 - 2031F)
A growing need for safety features in semi-autonomous and autonomous driving technologies is projected to develop the global automotive lane warning systems market growth.
A rapid trend of customization and personalization is expected to surge the demand for automotive lane warning systems across the globe in the forecast period.
Easy affordability and availability of passenger cars and rising public awareness about road safety are propelling the growth of the automotive lane warning systems market.
Rising preference of consumers for vehicles equipped with safety features, such as automotive lane warning systems, is observed as important for driving safety.
Different road safety standards by legal authorities have highlighted the significance of advanced safety features in automobiles driving the global autonomous lane warning system market demand.
Key Players Landscape and Outlook
Companies in global automotive lane warning system market are significantly investing in different research and development activities to enhance the vehicle's safety. The market players are actively addressing the rising demand for safety features such as automotive lane warning systems by introducing new products in the market. This factor, coupled with inflowing funding in research and development will propel the market demand for automotive lane warning systems across the globe. In addition, companies are adopting different growth strategies such as new product development, collaboration, partnership, joint ventures, mergers, and acquisitions to strengthen product portfolios, expanding their footprints across the globe and addressing the rising demand for ADAS features such as automotive lane warning systems.
Mobileye Global Inc. is a leading company in global automotive lane warning systems with a variety of ADAS solutions to a self-driving system for autonomous public transport or goods delivery.
In January 2024, Magna Steyr India Pvt. Ltd. announced the development of vision and infrared sensor technology to help improve detection of impaired driving and enhance road safety.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.