"Riding the Digital Wave: Insights into the Connected Motorcycle Industry"


Posted August 28, 2023 by pujammr

Connected Motorcycle Market is anticipated to reach US$ 1357.91 Bn by 2029 from US$ 57.73 Bn in 2021 at a CAGR of 48.4% during a forecast period.
 
Connected Motorcycle Market Overview

The Connected Motorcycle Market Report provides a detailed analysis of strategies, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances. It also includes future trends that are expected to drive the development of the Connected Motorcycle market. The analysis of dynamics and the Connected Motorcycle market size has been provided at local, regional and global levels.

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Market Dynamics: Technical advancements in connectivity and rising consumer awareness of the safety features offered by connected motorcycles are anticipated to increase market demand. Additionally, increased smartphone and internet usage is anticipated to boost market expansion throughout the course of the projection period. On the other hand, the addition of a 5G connection to power-connected mobility is anticipated to greatly increase the market for connected motorbikes throughout the course of the projection year. The rapidly expanding logistics in the retail and e-commerce industries will also be a major factor in the demand for connected motorcycles.

Connected Motorcycle Market Report Scope and Research Methodology

The report outlines the present and historical growth patterns of the Connected Motorcycle market, along with the state of the market CAGR, market size, forecast and revenue share, and trends price. The Connected Motorcycle market report includes prevailing opportunities, industry-specific challenges, and technical advancements that help key players increase revenue and growth. The report includes the competitive landscape along with future technical and financial details of the Connected Motorcycle industry. Company profiles, capacity, manufacturing, price, cost, revenue and statistics are also included in the Connected Motorcycle market report. SWOT analysis was used to provide strengths and weaknesses of the Connected Motorcycle key players in the industry. The bottom-up approach has been used to estimate the Connected Motorcycle market size. The Connected Motorcycle market report is a combination of both primary and secondary data collected from extensive research.

Connected Motorcycle Market Regional Insights

The Connected Motorcycle market study includes company profiles from various regions, as well as information on their business strategies and statistics. The regions are North America, Europe, Asia Pacific, Middle East and Africa and South America.

Market Segmentation:

by Service
• Driver Assistance
• Infotainment
• Safety
• Vehicle Management & Telematics

With more than 30.0 percent of global revenue in 2021, the infotainment service category dominated the market. The various services that are offered include vehicle management and telematics, infotainment, safety, driving assistance, and insurance. The infotainment service includes features including radio controls, calls and texts, and turn-by-turn navigation. Bluetooth connectivity allows motorcycle navigation systems to be connected from a smartphone to a helmet or headset, giving the rider audible instructions. These developments are anticipated to positively affect the infotainment services market.

by Communication Type
• Vehicle-To-Vehicle (V2V)
• Vehicle-To-Infrastructure (V2I)

by End-user
• Commercial
• Private

With more than 70 percent of global sales in 2021, the embedded hardware sector dominated the market. Hardware is available in two categories: embedded and tethered. The integrated connection module consists of an electronic control unit, a GSM module, a GLONASS/GPS system, and other crucial sensors. Because embedded technology doesn't rely on external devices, there will likely be a rise in demand from OEMs, which will help the industry grow. Additionally, the demand for embedded systems is growing as consumers depend more on linked gadgets for real-time security and safety, such as quick communication systems and onboard GPS units. Additionally, the connected devices cannot rely on other subpar dongles or telephones for real-time security and safety features.

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Connected Motorcycle Market Key Players:

• BMW AG
• Triumph motorcycles
• Robert Bosch Gmbh
• Panasonic Corporation
• Vodafone automotive spa
• Continental AG
• Kpit
• Autotalks
• TE connectivity
• Aeris
• Autotalks Ltd.
• Hero Motocorp ltd
• Kawasaki heavy industries, ltd.
• KTM AG (Pierer mobility AG)
• Yamaha motor co., Ltd
• Zero motorcycles, Inc.

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Key questions answered in the Connected Motorcycle Market are:

What is Connected Motorcycle?
What is the expected CAGR of the Connected Motorcycle market during the forecast period?
What are the global and regional trends in the Connected Motorcycle Market?
What are the major challenges that the Connected Motorcycle Market could face in the future?
How is the intervention from regulatory authority is shaping the Connected Motorcycle Market?
What growth strategies are the players considering to increase their presence in Connected Motorcycle Market?
Who held the largest market share in Connected Motorcycle Market?
Key Offerings:

Market Share, Size Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis of segments and sub-segments
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Issued By Puja
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Country India
Categories Transportation
Tags connected motorcycle market , connected motorcycle market scope , connected motorcycle market trends
Last Updated August 28, 2023