DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Motorcycle Side View Assist System Market 2016-2020" report to their offering.
The report forecasts the global motorcycle side view assist system (MSVAS) market to grow at a CAGR of 22.78% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the need for MSVAS will be a key driver for market growth. In the US, motorcycle fatalities represent roughly 5% of all annual highway fatalities. What is quite intriguing is that motorcycles represent only a little over 2% of all registered vehicles in the US. This seems quite skewed and shows an apparently high accident-to-fatality conversion rate for motorcycles themselves. One of the primary reasons for such a high fatality conversion rate is because a motorcycle does not provide any protection in case of a crash. For example, our statistics indicate that approximately 75% of reported motorcycle crashes result in injury or death. The same figure for car crashes is approximately about 25%. This is quite telling about the risks in motorcycle use and the need for safety and rider assistance systems in motorcycles, like MSVAS.
Key Topics Covered:
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 geography
PART 07: Drivers for MSVAS adoption
PART 08: Market challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
PART 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/6kwf2h/global_motorcycle.