Oct 30, 2019   SOURCE: PR NewsWire

Lane Departure Warning System Markets, 2025 - Global Market is Projected to Grow by US$1.3 Billion

DUBLIN, Oct. 30, 2019 /PRNewswire/ -- The "Lane Departure Warning System - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

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The Lane Departure Warning System market worldwide is projected to grow by US$1.3 Billion, driven by a compounded growth of 6.8%.

Lane Departure Warning, one of the segments analyzed and sized in this study, displays the potential to grow at over 7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.5 Billion by the year 2025, Lane Departure Warning will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 7.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$59.8 Million to the region's size and clout in the next 5 to 6 years. Over US$60.5 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Lane Departure Warning will reach a market size of US$186.7 Million by the close of the analysis period.

As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.5% over the next couple of years and add approximately US$224.2 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

    --  Autoliv, Inc.
    --  Bosch Mobility Solutions
    --  Continental AG
    --  Delphi Automotive PLC
    --  Denso Corporation
    --  Magna International, Inc.
    --  Mobileye NV
    --  WABCO Europe BVBA
    --  ZF Friedrichshafen AG

Key Topics Covered:
1. Market Overview

2. Focus on Select Players

3. Market Trends & Drivers

4. Global Market Perspective

For more information about this report visit https://www.researchandmarkets.com/r/wkfdii

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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