Motorcycle Advanced Driver Assistance System (ADAS) Market Overview

As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Motorcycle Advanced Driver Assistance System (ADAS) Market” is expected to reach US$ 1.8 Bn by 2026, at a CAGR of 6.15% during the forecast period.

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Motorcycle Advanced Driver Assistance System (ADAS) Market Scope and Methodology

The report provides an estimation of the market size for the Motorcycle Advanced Driver Assistance System (ADAS) market, encompassing an analysis of current and future trends. It offers a detailed examination of key developments, marketing strategies, supply and demand indicators, and company profiles of market owners, leaders, potential players, and new entrants. The Motorcycle Advanced Driver Assistance System (ADAS) Market report adopts a bottom-up approach, utilizing both primary and secondary data sources. Primary research involves interviews with significant market leaders and industry experts, including business owners and marketing specialists. Secondary research involves reviewing the financial and annual reports of top manufacturers. To enhance understanding of market penetration, competitive landscape, demand analysis, and regional analysis, the report covers local, regional, and global levels. Segment-wise analysis of the Motorcycle Advanced Driver Assistance System (ADAS) market is conducted based on specific criteria.

Motorcycle Advanced Driver Assistance System (ADAS) Market Segmentation

Based on vehicle type, the market is segmented into gasoline motorcycles and electric motorcycles. Gasoline motorcycles is the dominating segment in the motorcycle ADAS market with approximately 82% market share owing to the increasing production of motorcycles and increasing demand for technologically advanced cruise control of bike rides. Electric motorcycles are the fastest-growing segment in the market owing to increasing fuel prices and more and more manufacturers investing in the research and development of driver assistance systems. Furthermore, high adapting features of electric bikes to technical advancements in the system is the key driving factor for the motorcycle ADAS market during the forecast period. According to Hasqvarna, electric bikes are expected to account for approximately 3 billion USD up to the year 2025 owing to increasing development in bike technology and high gasoline fuel prices.

Adaptive Cruise Control (ACC), Stability Control System (SCS), Gear Shift Assistance (GSA), Traction Control System (TCS), and Anti-lock Braking System (ABS) are the five applications under which the motorbike advanced driver assistance system market is segmented. With a market share of about 38%, the anti-lock braking system dominates the industry. Increased motorcycle accidents caused by brake failure and rising consumer awareness of road safety are factors contributing to the rise of the ABS segment. Due to the rising demand for precise bike data to enhance future bike performances, adaptive cruise control is the second most dominant market sector.

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Motorcycle Advanced Driver Assistance System (ADAS) Market Key Players

• D. Gubellini and C. Sas.
• KTM AG
• Hasqvarna
• Robert Bosch GmbH
• Ducati Motor Holding S.P.A.
• BWI Group
• ZF Friedrichshafen AG
• Honda Motor Co. Ltd.
• BMW AG
• Continental AG
• TVS motor Co.
• Garmin Ltd.
• NXP Semiconductors
• Suzuki Motor Corporation
• YAMAHA Motor Co.

Motorcycle Advanced Driver Assistance System (ADAS) Market Regional Insights

The report presents a comprehensive Regional Analysis, encompassing the current market status of various countries. It offers an in-depth assessment of factors influencing the market, including market size, growth rate, and import-export dynamics within each region. The analysis spans across local and country levels, providing a detailed outlook.

The Motorcycle Advanced Driver Assistance System (ADAS) market is strategically divided into key regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region's unique market characteristics and potential are thoroughly examined, offering valuable insights for businesses and stakeholders seeking to understand the market landscape at a regional level.

Table of content for the Motorcycle Advanced Driver Assistance System (ADAS) Market includes:

1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Motorcycle Advanced Driver Assistance System Market Type, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2019
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical snapshot of the motorcycle advanced driver assistance system market
3.4. Geographical snapshot of the motorcycle advanced driver assistance system market, by manufacturer share

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Key questions answered in the Motorcycle Advanced Driver Assistance System (ADAS) Market are:

• What is Motorcycle Advanced Driver Assistance System (ADAS)?
• What was the Motorcycle Advanced Driver Assistance System (ADAS) market size in 2022?
• What are the different segments of the Motorcycle Advanced Driver Assistance System (ADAS) Market?
• What growth strategies are the players considering to increase their presence in Motorcycle Advanced Driver Assistance System (ADAS)?
• What are the upcoming industry applications and trends for the Motorcycle Advanced Driver Assistance System (ADAS) Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Motorcycle Advanced Driver Assistance System (ADAS) Market?
• Who are the key players in the Motorcycle Advanced Driver Assistance System (ADAS) market?
• What major challenges could the Motorcycle Advanced Driver Assistance System (ADAS) Market face in the future?
• What segments are covered in the Motorcycle Advanced Driver Assistance System (ADAS) Market?
• Who are the leading companies and what are their portfolios in Motorcycle Advanced Driver Assistance System (ADAS) Market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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