Self-Stabilizing Vehicles Market Report | Self-Stabilizing Vehicles Market
Demand for better stability in autonomous and non-autonomous two wheelers is expected to propel the growth of the self-stabilizing vehicles market over the forecast period. Moreover, increasing demand for the self-stabilizing technology due to growing incidences of road accidents is likely to give impetus to the market during 2018-2024. Two wheelers have stability issues and are prone to toppling as the lean angle of the vehicle increases. Self-stabilizing motorbikes incorporate advanced gyro-based technology to assist with balancing and therefore protect the vehicle from irreparable damage in case of accidents. Bicycles use a more basic flywheel or mass-balancing technology to stabilize the vehicle. However, increasing investments in R&D of self-stabilizing market may result in proprietary technologies during the forecast period.
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