Global Motorcycle Advanced Rider Assistance System (ARAS) Market to Reach 99.9 Million Units by 2027
Amid the COVID-19 crisis, the global market for Motorcycle Advanced Rider Assistance System (ARAS) estimated at 28.2 Million Units in the year 2020, is projected to reach a revised size of 99.9 Million Units by 2027, growing at a CAGR of 19.8% over the analysis period 2020-2027. ABS, one of the segments analyzed in the report, is projected to record a 19% CAGR and reach 59.5 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the CC segment is readjusted to a revised 22% CAGR for the next 7-year period.
The U.S. Market is Estimated at 8.4 Million Units, While China is Forecast to Grow at 19.1% CAGR
The Motorcycle Advanced Rider Assistance System (ARAS) market in the U.S. is estimated at 8.4 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 17.2 Million Units by the year 2027 trailing a CAGR of 19.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.6% and 17.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.
TCS Segment to Record 20.5% CAGR
In the global TCS segment, USA, Canada, Japan, China and Europe will drive the 20.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of 3 Million Units in the year 2020 will reach a projected size of 11.1 Million Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 12.2 Million Units by the year 2027.
Select Competitors (Total 46 Featured):
Amid the COVID-19 crisis, the global market for Motorcycle Advanced Rider Assistance System (ARAS) estimated at 28.2 Million Units in the year 2020, is projected to reach a revised size of 99.9 Million Units by 2027, growing at a CAGR of 19.8% over the analysis period 2020-2027. ABS, one of the segments analyzed in the report, is projected to record a 19% CAGR and reach 59.5 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the CC segment is readjusted to a revised 22% CAGR for the next 7-year period.
The U.S. Market is Estimated at 8.4 Million Units, While China is Forecast to Grow at 19.1% CAGR
The Motorcycle Advanced Rider Assistance System (ARAS) market in the U.S. is estimated at 8.4 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 17.2 Million Units by the year 2027 trailing a CAGR of 19.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.6% and 17.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.
TCS Segment to Record 20.5% CAGR
In the global TCS segment, USA, Canada, Japan, China and Europe will drive the 20.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of 3 Million Units in the year 2020 will reach a projected size of 11.1 Million Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 12.2 Million Units by the year 2027.
Select Competitors (Total 46 Featured):
- BMW AG
- Continental AG
- Honda Motor Co., Ltd.
- Robert Bosch GmbH
- ZF Friedrichshafen AG
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
- Table 2: World 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
- Table 3: World Current & Future Analysis for ABS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
- Table 4: World 7-Year Perspective for ABS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 5: World Current & Future Analysis for CC by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
- Table 6: World 7-Year Perspective for CC by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 7: World Current & Future Analysis for TCS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
- Table 8: World 7-Year Perspective for TCS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 9: World Current & Future Analysis for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
- Table 10: World 7-Year Perspective for Other Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- UNITED STATES
- Table 11: USA Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 12: USA 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- CANADA
- Table 13: Canada Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 14: Canada 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- JAPAN
- Table 15: Japan Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 16: Japan 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- CHINA
- Table 17: China Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 18: China 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- EUROPE
- Table 19: Europe Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in Units for Years 2020 through 2027 and % CAGR
- Table 20: Europe 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
- Table 21: Europe Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 22: Europe 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- FRANCE
- Table 23: France Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 24: France 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- GERMANY
- Table 25: Germany Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 26: Germany 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- ITALY
- Table 27: Italy Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 28: Italy 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- UNITED KINGDOM
- Table 29: UK Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 30: UK 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- REST OF EUROPE
- Table 31: Rest of Europe Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 32: Rest of Europe 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- ASIA-PACIFIC
- Table 33: Asia-Pacific Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 34: Asia-Pacific 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- REST OF WORLD
- Table 35: Rest of World Current & Future Analysis for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - ABS, CC, TCS and Other Segments - Independent Analysis of Annual Sales in Units for the Years 2020 through 2027 and % CAGR
- Table 36: Rest of World 7-Year Perspective for Motorcycle Advanced Rider Assistance System (ARAS) by Segment - Percentage Breakdown of Value Sales for ABS, CC, TCS and Other Segments for the Years 2020 & 2027
- Total Companies Profiled: 46
Note: Product cover images may vary from those shown
