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