Global Lane Keep Assist System and Adaptive Cruise Control Market Insights & Future Demand Forecast during 2017 – 2025


Published on : May 15, 2018

Albany, New York, May 15, 2018: Over the years, the rising demand for vehicle-based intelligent safety systems has motivated the market for lane keep assist system and adaptive cruise control market. Furthermore, with the increasing rate of accidents occurring due to driver distractions is another issue which has pushed the need for these automobile safety systems. Market Research Hub (MRH) has included a new report titled “Lane Keep Assist System and Adaptive Cruise Control Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, to its wide database. This research analysis focuses on the drivers and restraints anticipated to impact the demand for lane keep assist system and adaptive cruise control in the coming years.

The initial section of the report comprises of research objectives and research highlights; it offers a clear picture to the readers about the actual motive of this assessment. Furthermore, useful facts such as market size, market value (US$ Mn) and market volume (million units) can be accessed under executive summary. As the report proceeds, readers can check out vital data comprising of value chain analysis, which delivers a comprehensive view about the global lane keep assist system and adaptive cruise control market highlighting the automotive sector. In addition, the Porter’s five forces model is also included to decode the competitive landscape in the concerned market. 

The regional segmentation offers the current and forecast demand associated to lane keep assist system and adaptive cruise control systems in North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Apart from this, the market is further bifurcated in terms of components, vehicle type, sales channel and region. Based on component, the global market for lane keep assist system and adaptive cruise control market is divided into vision sensor/camera, electronic control unit, EPAS actuator, radar sensor and others. By vehicle type, the concerned market is segregated into passenger vehicle and commercial vehicle. For the benefit of the readers, market size and forecast targeting each major component, sales channel and vehicle type is delivered keeping in mind the global and regional/country markets. Overall, this research is a useful & beneficial data source to new investors who are planning to enter the lane keep assist system and adaptive cruise control market. The presence of tables and figurative data helps in presenting information in a defined manner; hence drawing inferences become easy for the readers.

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