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Global Motorcycle ADAS Market was Valued at US$ 74.15 Million in 2023 and is Projected to Surpass US$ 385.48 Million by 2032 | Astute Analytica

07-29-2024 08:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Astute Analytica

Global Motorcycle ADAS Market was Valued at US$ 74.15 Million

The global ๐Œ๐จ๐ญ๐จ๐ซ๐œ๐ฒ๐œ๐ฅ๐ž ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ ๐€๐ฌ๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐œ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ (๐€๐ƒ๐€๐’) ๐ฆ๐š๐ซ๐ค๐ž๐ญ is experiencing substantial growth, with a valuation of ๐”๐’$ ๐Ÿ•๐Ÿ’.๐Ÿ๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘. According to recent market research, this figure is expected to soar, surpassing ๐”๐’$ ๐Ÿ‘๐Ÿ–๐Ÿ“.๐Ÿ’๐Ÿ– ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, representing a robust compound annual growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐ŸŽ.๐Ÿ% during the forecast period from ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

๐“๐ก๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:- https://www.astuteanalytica.com/request-sample/motorcycle-adas-market

The rising adoption of advanced safety features in motorcycles is driving this growth. Increasing awareness about rider safety, coupled with stringent regulations regarding vehicle safety, is fueling demand for ADAS technologies. These systems enhance safety by offering features such as collision avoidance, lane departure warning, and adaptive cruise control.

Key factors contributing to the market's expansion include technological advancements in sensor technology, growing investments by major players in R&D, and the rising trend of premium motorcycle models incorporating advanced safety features.

Autoliv
BMW Motorrad
Ducati Motor Holding S.p.A.
Garmin Ltd.
Harley-Davidson, Inc.
Harman International Industries
Hero MotoCorp Limited
Hitachi Ltd
Honda Motor Co. Ltd.
KTM AG
Magna International Inc.
NVIDIA Corporation
NXP Semiconductors
Panasonic Corporation
Renesas Electronics Corporation
Robert Bosch GmbH
Yamaha Motor Co., Ltd.
Other Prominent Players

As the market evolves, major players are focusing on innovation and strategic collaborations to maintain a competitive edge. The integration of artificial intelligence and machine learning into ADAS is expected to further revolutionize the motorcycle safety landscape.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ญ๐ซ๐ž๐ง๐๐ฌ, ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ, ๐š๐ง๐ ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐จ๐ญ๐จ๐ซ๐œ๐ฒ๐œ๐ฅ๐ž ๐€๐ƒ๐€๐’ ๐ฆ๐š๐ซ๐ค๐ž๐ญ, ๐ฏ๐ข๐ฌ๐ข๐ญ:- https://www.astuteanalytica.com/industry-report/motorcycle-adas-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

๐๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ

Hardware
Sensors
Gear Assitors
Electronic Control Unit
Software
Lane Departure Warning/Correction
Antilock Braking Systems (ABS)
Blind Spot Detection & Monitoring/BSI
Adaptive Cruise Control (ACC)
Traction Control System
Others
By Vehicle Type

Gasoline
Electric
By Price

Low
Medium
High
By Distribution Channel

OEM
Aftermarket
By Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America
Argentina
Brazil
Rest of South America

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/motorcycle-adas-market

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฌ๐ญ๐ฎ๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Get in touch with us
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Email: sales@astuteanalytica.com
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