Press release
Motorcycle ADAS Market Revenue Share, Insights & Future Outlook
What Is the Growth Forecast for the Global Motorcycle ADAS Market by 2031?The global market for Motorcycle ADAS was valued at US$ 1901 million in 2024 and is projected to reach a revised size of US$ 2824 million by 2031, growing at a CAGR of 5.9% during the forecast period.
The market growth is driven by the rising adoption of advanced safety systems and technologies aimed at improving motorcycle rider safety and performance.
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How Is the Motorcycle ADAS Market Segmented by Type and Application?
By Type
• Traction Control System (TCS)
• Anti-Lock Braking System (ABS)
• Adaptive Cruise Control (ACC)
• Others
By Application
• OEM
• Aftermarket
This segmentation helps stakeholders understand the distribution of ADAS technologies across types and their adoption in original equipment and aftermarket channels.
Which Companies Are Leading the Global Motorcycle ADAS Market?
The major global manufacturers of Motorcycle ADAS include ZF Friedrichshafen AG, Beijing West Industries (BWI Group), Continental AG, Robert Bosch GmbH, Honda Motor Corp., BMW Motorrad Inc., Suzuki Motor Corp., TVS Motor Corp., Garmin Ltd., WABCO Inc.
In 2024, the world's top three vendors accounted for approximately % of the revenue, highlighting the competitive concentration in the market.
Key Companies:
• ZF Friedrichshafen AG
• Beijing West Industries (BWI Group)
• Continental AG
• Robert Bosch GmbH
• Honda Motor Corp.
• BMW Motorrad Inc.
• Suzuki Motor Corp.
• TVS Motor Corp.
• Garmin Ltd.
• WABCO Inc.
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