The global LDWS market to grow at a CAGR of 28.67% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global LDWS market 2016-2020. To calculate the market size, the report considers the unit shipments of LDWS and integrated ADAS with LDWS by the OEMs and aftermarket sales for passenger vehicle segment. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver augmenting growth is the growing safety awareness among end-users. Currently, customers accord more importance to safety features rather than the cost of the vehicle. Growing concern about passenger safety has compelled many automobile manufacturers to implement driver assistance systems. A focus on integration of passive safety systems with active safety systems (especially ACC, AEBS, BSD, LDWS, and NVS) is also increasing. LDWS represent one of the prominent safety features, which is being increasingly adopted in new vehicles.
Technology advancements in ADAS will be one of the key trends in this this market. ADAS works to enhance vehicle safety by simplifying the driving process and reducing sources of driver distraction. With ADAS support, a driver can find safer roads that help to avoid accidents. ADAS is capable of reducing instances of road mishaps and requires a combination of features to do so. For developers, the future of ADAS lies in five key trends automotive systems infrastructure, automotive human machine interface (HMI) design, connectivity, embedded vision, and sensors.
Further, the report states that numerous functional issues will negatively affect this market's growth prospects during the forecasted period. An effective LDWS will need to function irrespective of the lane boundary type. These problems will reduce the efficiency of these systems. In some cases, these problems can lead to false alarms or no alarms at all when the lane is changed without indicators. LDWS go through certain performance tests like warning generation test on curves, a repeatability test on a straight course, and tests for false alarms, to make them more effective.
- Bosch - Continental - Denso - Delphi
Other prominent vendors
- Magna International - Autoliv - Mobileye - ZF TRW - WABCO