Global Self-balancing Motorcycle Market to grow at a CAGR of 199.1% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global “Self-balancing Motorcycle” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Self-balancing Motorcycle
A self-balancing motorcycle is one which has the capability to come to a complete stop and stand upright without falling either side. Such self-balancing motorcycle comes with self-balancing wheels which imbibes stability into the motorcycle to stand upright even if the motorcycle is not moving. According to automotive experts, such self-balancing motorcycles are expected to lower the fatalities of the riders involved in on-road accidents and collisions. The self-balancing motorcycle is one such promising development which is expected to take the safety of riders to one level above with its unique standing upright characteristic when not in motion.
Technavios analysts forecast the global self-balancing motorcycle market to grow at a CAGR of 199.1% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global self-balancing motorcycle market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Technavio's report, Global Self-balancing Motorcycle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Honda Motor Company
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Other prominent vendors
Self-balancing motorcycle expected to reduce the number of on-road causalities
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Inaccuracy and calibration issue in sensor fusion: major setback
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BMW Motorrad launches Vision Next 100: Self-balancing electric motorcycle
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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