Report Overview:
Lane Keep Assist System and Adaptive Cruise Control are key components of the broader Advanced Driver Assistance System (ADAS) framework. These technologies are designed to enhance road safety by providing real-time driver assistance.
Lane Keep Assist System (LKAS) uses a combination of sensors, cameras, and steering mechanisms to detect lane markings and gently steer the vehicle back into its lane if it begins to drift unintentionally. Adaptive Cruise Control (ACC), on the other hand, automatically adjusts the vehicle's speed to maintain a safe distance from the vehicle ahead, combining radar and camera inputs to monitor traffic conditions.
Market Value:
The global Lane Keep Assist System and Adaptive Cruise Control market was valued at USD 1,988.70 million in 2024 and is expected to reach USD 2,781.93 million by 2032, exhibiting a CAGR of 3.80% during the forecast period. CAGR of 3.80%
(2024 – 2032)
By Applications:
OEMs Aftermarket
By Types:
• Vision Sensor/Camera
• EPAS System
• Electronic Control Unit
• Radar Sensor
• Others
Key players include:
• Robert Bosch
• Valeo
• Continental
• Denso Corporation
• Delphi Automotive
• ZF Friedrichshafen
