Lane Departure Warning Systems in Automobiles Are Predicted to Grow Substantially by 2031
ROCKVILLE, MD - A new report forecasts the lane-departure warning system market will increase at a rate of 14% from 2021 to 2031. The lane departure warning systems detect obstacles to help avoid accidents.
The global lane-departure warning system market grew by 12 percent from 2016-2020. Luxury and premium motor vehicles and commercial vehicles saw the most growth in lane departure warning systems.
Auto manufacturers are responding to the rising number of fatal and non-fatal accidents by equipping their motor vehicles with advanced lane departure warning systems.
According to the World Health Organization, there are around 1.3 million people who are involved in road traffic accidents annually. These accidents cost nations about three percent of their gross domestic product.
It is well documented that most accidents can be prevented with a little extra care and safety education. Since 1984, Montlick & Associates has been dedicated to keeping children and families safe on the roadway. Our commitment runs deep through our extensive, award-winning public service programs that provide people the information they need to avoid injuries. To learn about our Don't Drink and Drive Campaign, Child Passenger Safety Programs, Booster Seat Campaign and much more, visit montlick.com and click on “community service,” or simply click here. You can also learn more about one of our newest driver and passenger safety programs by visiting iridesafe.com.
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