openPR Logo
Press release

At a CAGR 7.7%, Motorcycle ADAS Market is Expected to  reach over US$ 2.6 Billion by 2030

10-11-2023 08:09 AM CET | Logistics & Transport

Press release from: Global Insight Services

/ PR Agency: Global Insight Services
At a CAGR 7.7%, Motorcycle ADAS Market is Expected to  reach over

The Motorcycle Advanced Driver Assistance Systems (ADAS) Market is rapidly evolving in response to the rising demand for enhanced safety and improved riding experiences in the motorcycle industry. ADAS technology, previously common in the automotive sector, is now making inroads into motorcycles, offering features like adaptive cruise control, lane-keeping assistance, collision avoidance systems, and blind-spot monitoring. This surge in the adoption of ADAS in motorcycles is driven by the need to reduce accidents, especially in urban areas where two-wheelers face unique challenges, and to enhance the overall riding experience. Additionally, stringent safety regulations and standards are compelling motorcycle manufacturers to incorporate advanced safety technologies, while consumers increasingly value the convenience and safety benefits provided by ADAS systems.

Download Report Avail a 50% flat discount, Limited Time Offer   @ https://www.globalinsightservices.com/request-sample/GIS10408

One of the major drivers of the Motorcycle ADAS Market is the ongoing push for rider safety. Motorcycles are more vulnerable on the road compared to other vehicles, and ADAS technologies aim to reduce the risks associated with riding. Systems like anti-lock brakes, traction control, and adaptive headlights enhance rider control and stability, while advanced sensors and cameras provide real-time feedback and assist in preventing collisions. Furthermore, the integration of connected technology in motorcycles, allowing for vehicle-to-vehicle and vehicle-to-infrastructure communication, is driving the adoption of ADAS.

Read Full Research Report @https://www.globalinsightservices.com/reports/motorcycle-adas-market/

Key Trends

The Motorcycle Advanced Driver Assistance Systems (ADAS) Market is witnessing several key trends that reflect the evolving landscape of rider safety and the demand for advanced technology in the motorcycle industry. Firstly, there's a growing trend towards the integration of artificial intelligence and machine learning algorithms, allowing ADAS systems to continuously adapt to changing riding conditions and provide more precise assistance. These technologies enable predictive analysis and personalized safety features, enhancing the overall riding experience. Secondly, there is an increasing emphasis on the connectivity of motorcycles, with more manufacturers offering built-in communication systems that link the motorcycle to the rider's smartphone and the cloud.

Buy Now @https://www.globalinsightservices.com/checkout/single_user/GIS10408

Key Drivers

The Motorcycle Advanced Driver Assistance Systems (ADAS) Market is primarily driven by the increasing emphasis on rider safety and the growing demand for technology solutions that can enhance it. Motorcycles are inherently more vulnerable on the road compared to other vehicles, making safety a paramount concern. To address this, the adoption of ADAS technology in motorcycles is driven by the need to reduce accidents and mitigate risks. Stricter safety regulations and standards, along with a rising awareness of the benefits of ADAS, are compelling motorcycle manufacturers to integrate these systems. Moreover, the trend towards connectivity and the internet of things (IoT) in motorcycles is a driving force, as it allows for real-time communication with other vehicles and infrastructure, enhancing rider awareness and reducing the risk of accidents. The pursuit of advanced safety features and the desire for a more connected and enjoyable riding experience are collectively propelling the Motorcycle ADAS Market forward, ensuring that it remains a pivotal aspect of the motorcycle industry's evolution.

Market Segmentation : Motorcycle ADAS Market

Motorcycle ADAS Market By Component : ECU, Sensors, Gear Assitors, Others

Motorcycle ADAS Market By System : ABS, ACC, TCS, Others

Motorcycle ADAS Market By Propulsion : Gasoline, Electric

Motorcycle ADAS Market By Region : North America : US, Canada, Mexico, Europe : The UK, Germany, France, Italy, Spain, Netherlands, Switzerland, Asia-Pacific : China, India, Japan, South Korea, Australia, Singapore, Indonesia, Rest of Asia-Pacific, Rest of the World : Latin America, Middle East, Africa

Request for Customization @https://www.globalinsightservices.com/request-customization/GIS10408

Key Players

Bajaj Auto Limited (India)
Continental AG (Germany)
IPG Automotive GmbH (Germany)
KTM Sportmotorcycle GmbH (Austria)
M-ADAS (Israel)
Mechanical Simulation Corporation (US)
Robert Bosch GmbH (Germany)
Sensata Technologies, Inc. (US)
Yamaha Motor Co., Ltd. (Japan)
ZF Friedrichshafen AG (Germany)

With Global Insight Services, you receive :

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

New Report Published by Global Insight Services : https://www.globalinsightservices.com/reports/hydrogen-projects-database/

Contact Us :

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 15998
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services :

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release At a CAGR 7.7%, Motorcycle ADAS Market is Expected to  reach over US$ 2.6 Billion by 2030 here

News-ID: 3244541 • Views:

More Releases from Global Insight Services

Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing at 17.5% CAGR | Overall Study Report
Immuno Oncology Drugs Market Projected to Reach $634.1 Billion by 2034, Growing …
The Immuno Oncology Drugs Market is rapidly emerging as a transformative segment in the global healthcare industry. These drugs harness the body's immune system to identify and attack cancer cells, offering innovative treatment alternatives to traditional chemotherapy and radiation therapies. Immuno-oncology therapies include monoclonal antibodies, checkpoint inhibitors, cancer vaccines, and cell-based therapies such as CAR-T cells. The growth of this market is primarily driven by advancements in biotechnology, an improved
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Overall Study Report
GLP 1 Market Projected to Reach $221.8 Billion by 2034, Growing at 9% CAGR | Ove …
The GLP 1 Market is experiencing unprecedented growth, fueled by the rising prevalence of type 2 diabetes and obesity globally. GLP-1, or glucagon-like peptide-1 receptor agonists, represents a groundbreaking therapeutic class that improves insulin secretion, reduces glucagon production, and slows gastric emptying. These mechanisms not only enhance glycemic control but also support weight management, making GLP-1 therapies a preferred choice among healthcare providers and patients alike. Over the years, the
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAGR | Key Players: EasyMile, Navya, Aurrigo
Autonomous Bus Market to Expand to $11.6 Billion by 2034, Advancing at 18.8% CAG …
Market Overview Autonomous Bus Market is revolutionizing the future of urban mobility through advanced automation technologies. Valued at $2.1 billion in 2024, the market is projected to reach $11.6 billion by 2034, expanding at a strong CAGR of 18.8%. This market focuses on the development and deployment of self-driving buses equipped with cutting-edge sensors, artificial intelligence, and vehicle-to-everything (V2X) communication systems. These buses are designed to improve road safety, enhance passenger
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | Key Players: Apollo Tyres, Nokian Tyres, Hankook Tire
Automotive Tire Market to Attain $976.7 Billion by 2034, Growing at 9.2% CAGR | …
Market Overview Automotive Tire Market is experiencing remarkable growth as the industry embraces innovation, sustainability, and digital transformation. Valued at $406 billion in 2024, the market is projected to soar to $976.7 billion by 2034, reflecting a CAGR of 9.2%. This expansion is primarily driven by the surge in global vehicle production, growing consumer preference for durable and high-performance tires, and the increasing adoption of smart tire technologies. The Automotive Tire

All 5 Releases


More Releases for ADAS

Automotive ADAS (Advanced Driver Assistance Systems (ADAS)) Market Industry Anal …
Automotive ADAS (Advanced Driver Assistance Systems) Market Size is Projected to Reach USD 74.75 Billion by 2032, Growing at a CAGR of 11.98 % From 2024-2032. Advanced Driver-Assistance Systems (ADAS) enhance vehicle and road safety by utilizing sensors, cameras, and automated technology to detect nearby obstacles and provide critical safety features such as pedestrian detection, lane departure warning, automatic emergency braking, and blind spot detection. These systems play a pivotal
ADAS Film Heaters Market Research Report
ADAS (Advanced Driver Assistance Systems) camera heaters are components integrated into vehicles equipped with ADAS technologies to prevent the formation of ice, frost, or condensation on the camera lenses. These heaters are designed to ensure the proper functioning of ADAS cameras, which play a crucial role in features such as lane departure warning, collision avoidance, and adaptive cruise control. In cold or inclement weather conditions, the camera heaters help maintain
ADAS Market Worth $40.2 Billion by 2029
According to a new market research report titled, 'ADAS Market by System Type, Component (Sensors, Actuators), Vehicle Automation, Vehicle Type, End User, and Geography - Global Forecast to 2029,' the global ADAS market is projected to reach $40.2 billion by 2029, at a CAGR of 21.6% from 2022 to 2029. Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5377 The growth of this market is attributed to the Increasing ADAS adoption due to stringent
Automotive ADAS Chip Market 2023 | Detailed Report
ReportsnReports publishes the report titled Automotive ADAS Chip that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors like
ADAS Market Insights, Growth Forecast to 2025
The Global ADAS Market research by Market Study Report. It offers a feasibility analysis for investment and returns supported with data on development trend analysis across important regions of the world Global ADAS Research Report presents a competitive assessment and detailed statistical analysis on Global ADAS Industry prospects. The ADAS Report will enlighten the readers with market dynamics and market trends to provide a holistic market overview. The key aspects of
What is ADAS
What is ADAS? ADAS, as also known as, the advanced driver assistance system. It was designed to protect drivers from avoidable car accidents and reduce the loss of life and property caused by driver fatigue and distracted driving. The highest level of ADAS implementation would be Tesla’s Autopilot which employs adaptive cruise control, auto-centering, collision avoidance, etc. However, not everybody wants to pay thousands of dollars Tesla’s ADAS package. The Acumen