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Active Power Steering Market Size, Trends, Analysis, and Outlook by Type (Combined with Electric Steering Systems, Combined with Hydraulic Power Steering Systems), Application (Light Trucks, Medium Trucks, Heavy Trucks, Buses, Others), Sensor (Torque Sensor, Rotational Angle Sensor, Vehicle Speed Sensor), Vehicle (Light Commercial Vehicle (LCV), Medium Commercial Vehicles (MCV), Heavy Commercial Vehicle (HCV)), by Country, Segment, and Companies, 2024-2030

April 2024 | 193 pages | ID: AD8F0852A373EN
VPAResearch

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The global Adventure Motorcycles market size is poised to register 9.38% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Adventure Motorcycles market by Type (500cc to 1,000cc, Above 1,000cc), Application (Off-Road Market, Street Market).
The Adventure Motorcycles market is poised for robust growth and transformation leading up, driven by the increasing popularity of outdoor recreational activities and adventure tourism is fueling the demand for versatile and capable motorcycles suitable for both on-road and off-road adventures. Further, advancements in motorcycle technology, including lighter materials, more powerful engines, and advanced suspension systems, are enabling manufacturers to produce motorcycles that offer superior performance in diverse terrain conditions. In addition, the growing preference for adventure riding among younger demographics, coupled with rising disposable incomes in emerging markets, is expanding the consumer base for adventure motorcycles globally. Furthermore, the integration of connectivity features, such as GPS navigation and smartphone integration, is enhancing the riding experience and attracting tech-savvy consumers to the adventure motorcycle segment. .

Adventure Motorcycles Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Adventure Motorcycles market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Adventure Motorcycles survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Adventure Motorcycles industry.

Key market trends defining the global Adventure Motorcycles demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Adventure Motorcycles Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Adventure Motorcycles industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Adventure Motorcycles companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Adventure Motorcycles industry
Leading Adventure Motorcycles companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Adventure Motorcycles companies.

Adventure Motorcycles Market Study- Strategic Analysis Review
The Adventure Motorcycles market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Adventure Motorcycles Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Adventure Motorcycles industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Adventure Motorcycles Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Adventure Motorcycles Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Adventure Motorcycles market segments. Similarly, Strong end-user demand is encouraging Canadian Adventure Motorcycles companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Adventure Motorcycles market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Adventure Motorcycles Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Adventure Motorcycles industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Adventure Motorcycles market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Adventure Motorcycles Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Adventure Motorcycles in Asia Pacific. In particular, China, India, and South East Asian Adventure Motorcycles markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Adventure Motorcycles Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Adventure Motorcycles Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Adventure Motorcycles market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Adventure Motorcycles.

Adventure Motorcycles Market Company Profiles
The global Adventure Motorcycles market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aprilia, Benelli Q.J., BMW Group, Ducati Motor Holding SpA, Honda Motor Company, Kawasaki Motors Corp, KTM AG, Suzuki Motor Corp, Triumph Motorcycles Ltd, Yamaha Motor Co. Ltd.

Recent Adventure Motorcycles Market Developments
The global Adventure Motorcycles market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Adventure Motorcycles Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
500cc to 1,000cc
Above 1,000cc
Application
Off-Road Market
Street Market

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
Aprilia
Benelli Q.J.
BMW Group
Ducati Motor Holding SpA
Honda Motor Company
Kawasaki Motors Corp
KTM AG
Suzuki Motor Corp
Triumph Motorcycles Ltd
Yamaha Motor Co. Ltd.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Active Power Steering Market Overview and Key Findings, 2024
1.2 Active Power Steering Market Size and Growth Outlook, 2021- 2030
1.3 Active Power Steering Market Growth Opportunities to 2030
1.4 Key Active Power Steering Market Trends and Challenges
  1.4.1 Active Power Steering Market Drivers and Trends
  1.4.2 Active Power Steering Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Active Power Steering Companies

2. ACTIVE POWER STEERING MARKET SIZE OUTLOOK TO 2030

2.1 Active Power Steering Market Size Outlook, USD Million, 2021- 2030
2.2 Active Power Steering Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. ACTIVE POWER STEERING MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. ACTIVE POWER STEERING MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Combined with Electric Steering Systems
Combined with Hydraulic Power Steering Systems
Application
Light Trucks
Medium Trucks
Heavy Trucks
Buses
Others
Sensor
Torque Sensor
Rotational Angle Sensor
Vehicle Speed Sensor
Vehicle
Light Commercial Vehicle (LCV)
Medium Commercial Vehicles (MCV)
Heavy Commercial Vehicle (HCV)
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Active Power Steering Market, 2025
5.2 Asia Pacific Active Power Steering Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Active Power Steering Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Active Power Steering Market, 2025
5.5 Europe Active Power Steering Market Size Outlook by Type, 2021- 2030
5.6 Europe Active Power Steering Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Active Power Steering Market, 2025
5.8 North America Active Power Steering Market Size Outlook by Type, 2021- 2030
5.9 North America Active Power Steering Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Active Power Steering Market, 2025
5.11 South America Pacific Active Power Steering Market Size Outlook by Type, 2021- 2030
5.12 South America Active Power Steering Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Active Power Steering Market, 2025
5.14 Middle East Africa Active Power Steering Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Active Power Steering Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Active Power Steering Market Size Outlook and Revenue Growth Forecasts
6.2 US Active Power Steering Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Active Power Steering Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Active Power Steering Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Active Power Steering Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Active Power Steering Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Active Power Steering Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Active Power Steering Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Active Power Steering Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Active Power Steering Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Active Power Steering Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Active Power Steering Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Active Power Steering Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Active Power Steering Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Active Power Steering Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Active Power Steering Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Active Power Steering Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Active Power Steering Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Active Power Steering Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Active Power Steering Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Active Power Steering Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Active Power Steering Industry Drivers and Opportunities

7. ACTIVE POWER STEERING MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. ACTIVE POWER STEERING COMPANY PROFILES

8.1 Profiles of Leading Active Power Steering Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
AB Volvo
ABSKF
activepowersteering.com.au
BMW AG
Knorr-Bremse AG
Nexteer Automotive Corp
NSK Ltd
Ognibene Power SPA
Robert Bosch GmbH
Volkswagen AG

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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