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Market research analysts at Technavio have estimated the global motorcycle adaptive cruise control market to grow steadily at a CAGR of above 9% by 2020. The expanding customer segment for touring is considered to be one of the primary drivers in this market. Rider fatigue is identified as one of the primary reasons for motorcycle accidents. Adaptive cruise control systems facilitate drivers to relax by letting go of the throttle but maintain consistent speed by steadily fueling the engine. The increasing focus of consumers towards luxury and ultra-luxury motorcycles and the rise in motorcycle enthusiast participation in saddle sore challenge also account for the increase in adoption of cruise control mechanisms.
Luxury motorcycles are more powerful, efficient and offer better rider comfort than traditional motorcycles. The increasing awareness on rider comfort levels had led to a rise in sales of ultra-luxury and luxury motorcycles, and this industry research report identifies this as one of the major trends that will gain traction in this market during the forecast period. Moreover, the need to adhere to legal speed limits necessitates OEMs (original equipment manufacturers) to install cruise control mechanisms in their motorcycles.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by motorcycle type
PART 07: Geographical segmentation
PART 08: Geographical segmentation by motorcycle type
PART 09: Key technical criteria
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: Explore Technavio
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