The Connected Motorcycle Market research survey offers an inclusive evaluation of the market and includes crucial future predictions, industry documentation, and market reality. This report reveals a comprehensive study of the collected information, with key players, sellers, and market dealers, along with key aspects influencing the market. The Connected Motorcycle Market research study examines the international and regional breakdown of the industry and its uniqueness, market shares, trends, outlines, industry classifications, and the constantly transforming global market ecosystem. The Connected Motorcycle Market research report provides profit predictions and geographic regions of the organization. The study's purpose is to present product development in North America, China, Europe, Southeast Asia, Japan, and the rest of the world.

Connected Motorcycle Market, by Service Type (Driver Assistance, Infotainment, and Safety), by End User (Private and Commercial), and by Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

The Connected Motorcycle Market size is projected to reach a CAGR of 47.9% from 2022 to 2028.

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Connected motorcycles are a new technology, where motorcycles are equipped with IoT devices enabling seamless internet connectivity in motorcycles and data sharing. The connectivity system monitors controls safety, comfort, and security functions such as advanced light and heat management, keyless starting of the bike, and tire pressure monitoring, and helps one to attend emergency calls.

Growing awareness about safety features provided by connected motorcycles and rising technological advancements in connectivity are some of the factors that have supported the long-term expansion of the Connected Motorcycle Market.

The COVID-19 pandemic hindered the growth of the connected motorcycles market due to shutdowns of manufacturing units and travel restrictions. In addition, virtually with no activity in tourism, the aftermarket segment of the connected motorcycle market also witnessed a slowdown.

Regional Analysis

Asia-Pacific region is expected to hold a significant share of the market followed by Europe and North America during the forecast period. The presence of global players like Yamaha, Suzuki, Honda, etc., and increasing awareness about the benefits of Connected motorcycles is likely to have a positive impact on this regional market.

Key Players

·         Robert Bosch

·         Continental AG

·         TE Connectivity

·         Panasonic Corporation

·         KPIT Technologies ltd

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Recent Developments

·         In 2019, Ducati, along with Audi and Ford, exhibited Vehicle-to-Vehicle (V2V), Vehicle-to-Pedestrian (V2P), and Vehicle-to-Infrastructure (V2I) safety features on the Ducati Multi Strada 1260.

·         In April 2021, Minda Corporation Limited partnered with Ride Vision to use Artificial Intelligence-enabled Collision Avoidance Systems to be implemented in the Indian motorcycle market.

Reasons to Acquire

·         Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors

·         Gain authentic and granular data access for the Connected Motorcycle Market so as to understand the trends and the factors involved in changing market situations

·         Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

·         In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

Connected Motorcycle Market is segmented into service, end user, and region.

On the basis of Service

·         Driver assistance

·         Infotainment

·         Safety

On the basis of End-User  

·         Private

·         Commercial

On the basis of Region

·         Asia Pacific

·         North America

·         Europe

·         South America

·         Middle East & Africa

 

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