Motorcycle ADAS carries and supports the rider, to minimize the stress and makes the rider comfortable. It is a combination of comfort and security processes with the main motive of preventing accidents. ADAS mainly serves the reason of active security. ADAS also includes ABS, TCS, ACC, TPMS, and gear shift support. These processes enhances the firmness of the motorcycle when compared to traditional motorcycles. The net market of the China motorcycle ADAS estimated to $XX billion in 2017 and forecasts to $XX billion in 2023 with a CAGR of $XX% between 2017 and 2023.
Growing innovation of new systems in “motorcycle ADAS” is increasing the demand for China Motorcycle ADAS globally. The raising in the demand for safety journey of passengers is one of the key factors driving the China Motorcycle ADAS. China Motorcycle ADAS can be categorized into system, channel and geography. The market for China Motorcycle ADAS in various regions through its systems such as automatic cruise control, anti-lock braking systems and others had been mentioned in the report.
The market for “China Motorcycle ADAS” is segmented on regions into Asia-China. Competitive landscape for industry and market players are profiled with attributes of company overview, business strategies and product portfolio.
Sample Companies profiled in the report are:
- ZF Friedrichshafen AG
- Beijing West Industries (BWI) Group
- Continental AG
These companies hold the substantial share owing to the fragmented and grey nature of the industry whereas rest of the market shares are original chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust image, geographical reach and strong customer base.