Global Motorcycle Advanced Driver Assistance System (ADAS) Market 2019-2023
発行: TechNavio (Infiniti Research Ltd.)
ページ情報: 英文 129 Pages
Motorcycle advanced driver assistance system (ADAS) is specifically designed with a safe human-machine interface, which helps in enhancing the safety of the rider and the motorcycle. Technavio's motorcycle advanced driver assistance system (ADAS) market analysis considers sales from segments including ABS, ACC, TCS, and others. Our analysis also considers the sales of motorcycle advanced driver assistance system (ADAS) in APAC, Europe, North America, South America, and MEA. In 2018, the ABS segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the ability of ABS technology to minimize the impact of a collision by identifying an obstacle in front of the motorcycle will play a significant role in the ABS segment to maintain its market position. Also, our global motorcycle advanced driver assistance system (ADAS) market report looks at factors such as rising accidents leading to adoption of safety systems in motorcycles, increasing demand for ACC in motorcycles, and stringent regulations mandating ABS on new motorcycles. However, low acceptability of ADAS among riders, ADAS not beneficial for unskilled riders, and dependence of ADAS system on connectivity lead to data security concerns may hamper the growth of the motorcycle advanced driver assistance system (ADAS) industry over the forecast period.
The incorporation of ACC technology in control systems of motorcycles helps in enhancing the performance of motorcycles by providing the rider with better side view clearance. The ACC provides better driving assistance even when the visibility is low. The growing adoption of ACC system will lead to the expansion of the global motorcycle advanced driver assistance system (ADAS) market at a CAGR of over 18% during the forecast period.
Adaptive headlights are gaining traction over conventional headlights as they allow the riders to see around the corner while turning and minimize risks. In addition, this technology is widely used due to the declining prices of LED technology. These factors are expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global motorcycle advanced driver assistance system (ADAS) market during the forecast period 2019-2023, view our report.
With the presence of several major players, the global motorcycle advanced driver assistance system (ADAS) market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading motorcycle advanced driver assistance system (ADAS) manufacturers, that include BMW AG, Continental AG, Honda Motor Co. Ltd., Robert Bosch GmbH, and ZF Friedrichshafen AG.
Also, the motorcycle advanced driver assistance system (ADAS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.