New Study from StrategyR Highlights a 84 Million Units Global Market for Motorcycle Advanced Rider Assistance System (ARAS) by 2026

Key Facts

Preview Registry ABSTRACT- Global Motorcycle Advanced Rider Assistance System (ARAS) Market to Reach 84 Million Units by 2026 Amid the COVID-19 crisis, the global market for Motorcycle Advanced Rider Assistance System (ARAS) estimated at 28.2 Million Units, is projected to reach a revised size of 84 Million Units by 2026, growing at a CAGR of 19.8% over the analysis period.
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 a thorough 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.
China, the world`s second largest economy, is forecast to reach a projected market size of 14.6 Million Units by the year 2026 trailing a CAGR of 19.1% over the analysis period.