Market Overview:
The global lane keep assist system and adaptive cruise control market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for safety features in vehicles, rising awareness about advanced driver assistance systems (ADAS), and growing demand for luxury cars. On the basis of type, the global lane keep assist system and adaptive cruise control market has been segmented into vision sensor/camera, EPAS system, electronic control unit (ECU), radar sensor, and others. The vision sensor/camera segment is expected to account for a major share of the global lane keep assist system and adaptive cruise control market during the forecast period owing to its ability to detect objects with high accuracy. On the basis of application, OEMs accounted for a major share of the global lane keep assist system and adaptive cruise control market in 2017; however, aftermarket is expected to exhibit higher growth rates duringthe forecast period owingto increasing demand from consumersfor advanced safety features in their vehicles.
Product Definition:
Lane Keep Assist System is a system that helps drivers stay in their lane by providing steering assistance. Adaptive Cruise Control is a system that automatically adjusts the speed of a vehicle to maintain a safe distance from the car in front. Lane Keep Assist System and Adaptive Cruise Control are important because they help drivers stay safe on the road.
Vision Sensor/Camera:
The vision sensor or camera is an essential part of any lane keep assist system and adaptive cruise control. It helps in detecting the vehicles in either side of the vehicle, thereby providing a warning while changing lanes. The increasing demand for these advanced safety features has led to a surge in product development and this is expected to drive market growth over the forecast period.
EPAS System:
The Electronic Stability Control (ESC) system is a safety feature in vehicles that helps to mitigate the risks of accidents. It works by monitoring wheel speed and brake pressure, and applies the brakes if necessary to help reduce or avoid an accident. The European Commission approved mandatory use of ESC for all new passenger cars from 1st January 2012, as a step towards ensuring driver safety.
Application Insights:
OEMs held the largest market share of over 70% in 2017. The adaptive cruise control systems developed by OEMs are fully integrated into the vehicle¢â‚¬â„¢s electronics system, which includes a camera, ECU and other sensors for ensuring safe and smooth driving experience. Adaptive cruise control enables drivers to maintain a set speed with minimal effort as the vehicle automatically brakes when required to avoid accidents or near misses. These systems also help in avoiding traffic congestion by keeping a safe distance from the car ahead while traveling at highway speeds.
The aftermarket segment is expected to expand at fastest CAGR of XX% from 2018 to 2030 owing to growing demand for lane keep assist system.
Regional Analysis:
Europe dominated the global lane keep assist system and adaptive cruise control market in terms of revenue share in 2017. The European Commission (EC) has made it mandatory for all new passenger cars to incorporate some form of ACC starting from 2018. Moreover, the EC is considering making it a standard feature on all vehicles sold since 2019. This regulatory move will further boost regional growth over the forecast period.
North America held a substantial share in 2017 due to high demand for advanced driver assistance systems (ADAS) solutions from OEMs based out of U.S.
Growth Factors:
- Increasing demand for safety features in vehicles
- Government regulations for safety features in vehicles
- Rising income levels of consumers, especially in developing countries
- Technological advancements that make these systems more affordable and easier to use
- Increased marketing and awareness about the benefits of these systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Lane Keep Assist System and Adaptive Cruise Control Market Research Report
By Type
Vision Sensor/Camera, EPAS System, Electronic Control Unit, Radar Sensor, Others
By Application
OEMs, Aftermarket
By Companies
Robert Bosch, Valeo, Continental, Denso Corporation, Delphi Automotive, ZF Friedrichshafen, Robert Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Lane Keep Assist System and Adaptive Cruise Control Market Report Segments:
The global Lane Keep Assist System and Adaptive Cruise Control market is segmented on the basis of:
Types
Vision Sensor/Camera, EPAS System, Electronic Control Unit, Radar Sensor, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robert Bosch
- Valeo
- Continental
- Denso Corporation
- Delphi Automotive
- ZF Friedrichshafen
- Robert Bosch
Highlights of The Lane Keep Assist System and Adaptive Cruise Control Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vision Sensor/Camera
- EPAS System
- Electronic Control Unit
- Radar Sensor
- Others
- By Application:
- OEMs
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lane Keep Assist System and Adaptive Cruise Control Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lane Keep Assist System (LKAS) is a system that uses radar and cameras to keep the car in its lane. Adaptive Cruise Control (ACC) helps the driver maintain a set speed by using sensors to detect vehicles ahead and adjust the car's speed accordingly.
Some of the major companies in the lane keep assist system and adaptive cruise control market are Robert Bosch, Valeo, Continental, Denso Corporation, Delphi Automotive, ZF Friedrichshafen, Robert Bosch.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lane Keep Assist System and Adaptive Cruise Control Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lane Keep Assist System and Adaptive Cruise Control Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lane Keep Assist System and Adaptive Cruise Control Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lane Keep Assist System and Adaptive Cruise Control Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lane Keep Assist System and Adaptive Cruise Control Market Size & Forecast, 2020-2028
4.5.1 Lane Keep Assist System and Adaptive Cruise Control Market Size and Y-o-Y Growth
4.5.2 Lane Keep Assist System and Adaptive Cruise Control Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vision Sensor/Camera
5.2.2 EPAS System
5.2.3 Electronic Control Unit
5.2.4 Radar Sensor
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lane Keep Assist System and Adaptive Cruise Control Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lane Keep Assist System and Adaptive Cruise Control Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vision Sensor/Camera
9.6.2 EPAS System
9.6.3 Electronic Control Unit
9.6.4 Radar Sensor
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vision Sensor/Camera
10.6.2 EPAS System
10.6.3 Electronic Control Unit
10.6.4 Radar Sensor
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vision Sensor/Camera
11.6.2 EPAS System
11.6.3 Electronic Control Unit
11.6.4 Radar Sensor
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vision Sensor/Camera
12.6.2 EPAS System
12.6.3 Electronic Control Unit
12.6.4 Radar Sensor
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vision Sensor/Camera
13.6.2 EPAS System
13.6.3 Electronic Control Unit
13.6.4 Radar Sensor
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lane Keep Assist System and Adaptive Cruise Control Market: Competitive Dashboard
14.2 Global Lane Keep Assist System and Adaptive Cruise Control Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Valeo
14.3.3 Continental
14.3.4 Denso Corporation
14.3.5 Delphi Automotive
14.3.6 ZF Friedrichshafen
14.3.7 Robert Bosch
