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The motorcycles are comparatively less stable than three-wheelers or four-wheelers, and hence, are prone to more safety and stability issues. For instance, they may destabilize during acceleration or be leaning at corners. This has triggered the need for a device, such as a motorcycle stability control systems, allowing the rider to remain stable during such events. Motorcycle stability control provides stability by controlling brake pressure and improves stability and braking effectiveness in all riding situations. The motorcycle stability control system modulates the rider’s control inputs, extending the range of safe operation. The safety and stability features reducing the chances of accidents are expected to drive the growth of the global motorcycle stability control market during the forecast period. Technavio’s market research analysis identifies the reduction in skidding of motorcycles during acceleration and leaning as one of the primary driving factors for the growth of this market during the next few years. Our market research analysts predict that in terms of units, this market will grow at a CAGR of more than 5% by 2022.
The continuous development of smaller IMU sensors used in various automotive applications including motorcycle stability control, necessitating the demand for high-performance and small sensors. The microelectromechanical systems (MEMS)-based technology in IMU sensors was introduced by vendors including Bosch and STMicroelectronics. Such developments are not limited to traditional MEMS technology. KVH Industries introduced the smallest fiber-optic gyroscope (FOG)-based IMUs in 2016. The company has also introduced the KVH Series 1750 IMU based on the FOG technology, used in high-performance applications. The smaller size of these sensors is crucial in making the motorcycle stability control system light-weight, eventually improving the performance of the motorcycles. This will lead to the growth of the market throughout the forecast period.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY OEM
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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