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Global Lane Keep Assist System and Adaptive Cruise Control Market 2019-2023: Robert Bosch GmbH, Valeo?, ZF Friedrichshafen AG, Preco Electronics, Denso Corporation, Hitachi. Ltd., Mobileye, Delphi Automotive PLC., Continental AG, Magna International Inc., WABCO

Press Release

Lane Keep Assist System and Adaptive Cruise Control market size will grow from in 2017 to by 2023, at an estimated CAGR of 0.1581. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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Lane keep assist system and adaptive cruise control are active safety systems, which provide driver assistance and avoid vehicle collisions. This combination of the active safety systems are a part of the advanced driver assistance system (ADAS), which is considered as a backbone for autonomous vehicles. Lane keep assist system and adaptive cruise control for automotive are designed to assist the driver by detecting lane markings on the road and distance of the vehicle in front. The combination of the systems in the vehicle reduces the possibility of accidental collision. The lane keep assist system detects the marking of the lane and assists the driver to keep the vehicle within the lane, either by providing a warning or by automatically steering the vehicle when it advances outside the desired lane. The adaptive cruise control system maintains safe distance between vehicles and avoids front to front side collisions. Lane keep assist and adaptive cruise control systems for automotive reduce the stress on the driver of the vehicle by providing information about the driving conditions of the vehicle.

By Market Players:
Robert Bosch GmbH, Valeo , ZF Friedrichshafen AG, Preco Electronics, Denso Corporation, Hitachi. Ltd., Mobileye, Delphi Automotive PLC., Continental AG, Magna International Inc., WABCO , , ,

By Components
Vision Sensor/Camera, EPAS Actuator, Electronic Control Unit, Radar Sensor, Others

By Sales Channel
OEMs, Aftermarket,

By Vehicle Type
Passenger Vehicle, Commercial Vehicle,

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