Global Motorcycle Advanced Rider Assistance System (ARAS) Market Growth 2024-2030
A Motorcycle Advanced Rider Assistance System (ARAS) is a technology suite designed to enhance safety, comfort, and performance for motorcycle riders through the integration of various sensors, actuators, and intelligent algorithms. These systems leverage advanced technologies to provide riders with real-time feedback, warnings, and assistance to mitigate the risks associated with riding motorcycles.
The global Motorcycle Advanced Rider Assistance System (ARAS) market size is projected to grow from US$ 91.6 million in 2024 to US$ 520 million in 2030; it is expected to grow at a CAGR of 33.6% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Motorcycle Advanced Rider Assistance System (ARAS) Industry Forecast” looks at past sales and reviews total world Motorcycle Advanced Rider Assistance System (ARAS) sales in 2023, providing a comprehensive analysis by region and market sector of projected Motorcycle Advanced Rider Assistance System (ARAS) sales for 2024 through 2030. With Motorcycle Advanced Rider Assistance System (ARAS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motorcycle Advanced Rider Assistance System (ARAS) industry.
This Insight Report provides a comprehensive analysis of the global Motorcycle Advanced Rider Assistance System (ARAS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Motorcycle Advanced Rider Assistance System (ARAS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Motorcycle Advanced Rider Assistance System (ARAS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motorcycle Advanced Rider Assistance System (ARAS) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Motorcycle Advanced Rider Assistance System (ARAS).
Global key players of Motorcycle Advanced Rider Assistance System (ARAS) include BOSCH, Vayyar, etc. The top two players hold a share over 98%. Europe is the largest market, with a share about 44%, followed by Asia-Pacific and North America, with share 34% and 19%, separately. In terms of product type, Front-Rear Radar is the largest segment, occupied for a share of 51%.
This report presents a comprehensive overview, market shares, and growth opportunities of Motorcycle Advanced Rider Assistance System (ARAS) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Front-Rear Radar
Front Radar
Rear Radar
Segmentation by Application:
Above $30,000
$20,000-$30,000
Under $20,000
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BOSCH
Vayyar
HiRain
Continental
Key Questions Addressed in this Report
What is the 10-year outlook for the global Motorcycle Advanced Rider Assistance System (ARAS) market?
What factors are driving Motorcycle Advanced Rider Assistance System (ARAS) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Motorcycle Advanced Rider Assistance System (ARAS) market opportunities vary by end market size?
How does Motorcycle Advanced Rider Assistance System (ARAS) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.