Dublin, Dec. 15, 2023 (GLOBE NEWSWIRE) -- The "Strategic Overview of the Growth Opportunities in the Two-wheeler Advanced Rider-assistance System Industry" report has been added to ResearchAndMarkets.com's offering.
New Research Illuminates Strategic Growth Avenues in Automated Two-Wheeler Safety
A pivotal new research study on the burgeoning field of two-wheeler advanced rider-assistance systems (ARAS) has been published, offering a comprehensive strategic overview of the growth opportunities in this dynamic industry. This in-depth report provides key insights for manufacturers, software developers, and investors seeking to navigate the rapid shift from internal combustion engine motorcycles to electric two-wheelers (E2Ws).
Consumer Safety Demands Propel Innovations in Two-Wheeler ARAS
According to the research, increased consumer awareness generated by digital media has led to heightened demand for advanced safety features. The development of cutting-edge software-defined platforms stands as a critical factor for original equipment manufacturers (OEMs) to maintain competitiveness. However, the study uncovers the challenges faced in cost-sensitive markets, where the price of ARAS modules can be prohibitive for a broad consumer base and aftermarket alternatives present risks.
Riding the Wave of Sustainable Mobility with V2X-Enabled ARAS
The increase in traffic incidents involving two-wheelers, coupled with an ethos of micromobility and net-zero ambitions, further underlines the need for safer, intelligent transportation solutions. Vehicle-to-everything (V2X) communication technologies are seen as a solution to the current limitations of advanced driver-assistance systems (ADAS) in cars, especially concerning the recognition and safety of two-wheelers on the road.
The Future of Two-Wheel Riding: Autonomous and Connected
The prospect of extracting real-time data from ARAS modules is expected to revolutionize the E2W industry, fostering safer riding conditions and potentially increasing the appeal of two-wheelers to a broader audience through autonomous technology.
ICE Versus E2W: The Commuter Segment at a Crossroads
The study reveals that the commuter segment remains a catalyst for the shift from ICE two-wheelers to electric models. This transition is gaining momentum year-over-year, though ICE two-wheelers are expected to retain substantial market presence throughout the decade. This landmark research publication presents a thorough examination of the promising and evolving two-wheeler ARAS industry within the context of global electric two-wheeler market trends. It stands as a crucial resource for stakeholders seeking strategic insights into optimizing safety, advancing technology, and capitalizing on the immense potential for growth in the sector.
Global Market Overview: China Leads E-Bike Sales; Europe Embraces E2W Regulations
- China Dominates the E-Bike Market: While experiencing a slight decline, China maintains a strong lead in global electric two-wheeler sales, underscoring the region's critical role in the industry's future.
- Europe's Regulatory Landscape: In Europe, favorable regulations bolster the adoption of E2Ws, with governmental incentives spurring market vitality.
- Global Market Dynamics: Traditional OEMs' entry into the E2W sector, along with burgeoning startup initiatives, is challenging ICE two-wheeler sales, highlighting a transition echoed worldwide.
For more information about this report visit https://www.researchandmarkets.com/r/2rg8my
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