Rising Demand for Motorcycle ADAS Accelerates Market Growth
Tuesday, 12 March 2024, 10:30
Motorcycle ADAS Market Overview
Asia Pacific dominates the motorcycle ADAS market, led by the demand in countries like India and China. The market is witnessing a growth rate of 20.1% CAGR with a focus on safety features like ABS, Blind Spot Detection, and Forward Collision Warning.
Key Growth Factors
- Emergence of electric motorcycles
- Enhanced safety regulations
- Cost reduction of ADAS technology
Rider acceptance plays a crucial role in the adoption of motorcycle ADAS technology, emphasizing the need for benefits and non-intrusive design.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.