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Motorcycle Advanced Driver Assistance System Market Share

Report ID: GMI10945
Published Date: Aug 2024
Report Format: PDF

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Motorcycle Advanced Driver Assistance System Market Share

BMW Group and Continental AG dominate the market by holding over 15% of the market share. BMW, a leading motorcycle manufacturer, integrates advanced ADAS features into its models to enhance rider safety and comfort. The company leverages in-depth knowledge of automotive safety technology to design and incorporate advanced braking systems, cornering ABS, and dynamic traction control (DTC) into its motorcycles.

Continental AG, a global leader in automotive technology, provides ADAS systems and components, including radar, cameras, sensors, and electronic control units. The company is a major supplier to motorcycle manufacturers due to its proficiency in creating sophisticated driver aid systems and high-precision sensors.

The motorcycle ADAS market includes several well-known international automobile and motorbike manufacturers, as well as startups and specialized IT firms. These businesses create and implement advanced ADAS solutions by utilizing their extensive knowledge and advanced technology. In addition to these producers, technology companies like Bosch, Continental, and Aptina are contributing significantly by offering the systems and underlying parts (such as sensors, cameras, and radar) that are essential to ADAS.

Motorcycle Advanced Driver Assistance System Market Companies

Major players operating in the motorcycle advanced driver assistance system industry are:

BMW Group
Continental AG
ZF Friedrichshafen
Garmin Ltd.
Robert Bosch GmbH
KTM AG
Hasqvarna
Ducati Motor Holding S.P.A.
Honda Motor Co. Ltd.
TVS motor Co.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of motorcycle advanced driver assistance system reached USD 1.7 billion in 2023 and is set to register over 7% CAGR between 2024 and 2032, led by growing regulations regarding vehicle safety and improving vehicle technology.

The LiDAR segment is expected to generate over USD 720 million by 2032, as it aids in the simultaneous identification and tracking of numerous objects by offering a thorough and up-to-date view of the road and surrounding area.

North America market held 33% share in 2023, due to strong demand for ADAS systems, for driver safety as well as improving road safety.

BMW Group, Continental AG, ZF Friedrichafen AG, Garmin Ltd., Robert Bosch GmbH, KTM AG, Hasqvarna, Ducati Motor Holding S.P.A., and Honda Motor Co. Ltd.