Motorcycle ADAS Market to Grow at 13% till 2025
Rising safety concerns
coupled with increasing government investments in solving safety issues and
consumers’ interest for premium motorcycle to drive global motorcycle ADAS
market through 2025
According
to TechSci Research report, “Global Motorcycle ADAS Market By System Type, By Demand
Category, By Region, Competition, Forecast & Opportunities, 2025”, the global motorcycle ADAS market is anticipated to grow
at nearly 13% CAGR during 2015-2025, owing to a plethora of features offered by
ADAS like auto stability control, cruise control, traction control, blind spot
detection, among others. Moreover, increasing disposable income and demand for
high engine capacity motorcycles with high end safety features are expected to
boost demand for motorcycle ADAS during the forecast period.
Browse 55 market data
Figures spread through 110 Pages and an in-depth TOC on "Global Motorcycle ADAS Market"
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Global motorcycle ADAS market can be segmented based on demand category,
system type and region. In terms of system type, Stability Control System accounts
for the largest share and the trend is expected to continue in the forthcoming
years as well. Robert Bosch GmbH, GUBELLINI
s.a.s, Continental AG, Delphi, and BMW Motorrad are few of the
leading players operating in the global motorcycle ADAS market.
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“Asia Pacific dominated the global motorcycle ADAS market in 2019,
backed by the presence of leading players and early adoption of such advanced
technologies. Demand for motorcycle ADAS is anticipated to increase in Asia-Pacific
region in coming years as well, on account of increasing safety concerns, popularity
of high-engine capacity motorcycles among youth and growing demand for safety
and comfort.”, said Mr. Karan Chechi, Research Director with TechSci Research,
a research based global management consulting firm.
“Global Motorcycle ADAS Market By System Type, By Demand
Category, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global motorcycle
ADAS market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in global motorcycle ADAS Market.
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