Global Connected Motorcycle Market is Expected to Grow at a Rate of 47.7% in the Forecast Period of 2020 to 2027

The Global Connected Motorcycle Market is expected grow at a compound annual growth rate of 47.7% in the forecast period of 2020 to 2027 and is expected to reach USD 883.30 million by 2027. The rapid rise in the need of safety as well as security features in vehicles is a significant factor driving the market growth rate.

Likewise, the high demand of smartphone integrated digital dashboards as well as rapid increase in government initiatives towards the development of smart cities and intelligent transport system will produce lucrative opportunities for the growth of the connected motorcycle market.

Connected Motorcycle Market Scenario

According to Data Bridge Market Research the market for connected motorcycle is expected to gain growth because of the rise in preferences towards premium motorcycles. Also the high demand of superior performance and real time diagnostics and rapid rise in the adoption of cloud services and emergence of 5G networks are also expected to fuel the demand of the connected motorcycle market over the forecast period of 2020 to 2027. Whereas, the unavailability of internet of things enabled infrastructure along with dearth of uniform platform are expected to hinder the growth of the connected motorcycle market in the aforementioned forecast period.

Now the question is which are the other regions that connected motorcycle market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific due to better disposable income as well as the high adoption of technological innovations.

For more analysis on the connected motorcycle market request for a briefing with our analysts

Connected Motorcycle Market Scope

Connected motorcycle market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

  • All country based analysis of connected motorcycle market is further analyzed based on maximum granularity into further segmentation. Connected motorcycle market on the basis of calling service has been segmented as emergency call (ECALL), breakdown call (BCALL), and information call (ICALL). Based on service, connected motorcycle market has been segmented into driver assistance, infotainment, safety, vehicle management & telematics, and insurance. On the basis of hardware, connected motorcycle market has been segmented into embedded, and tethered. On the basis of communication type, connected motorcycle market has been segmented into V2V, and V2I. Based on network type, connected motorcycle market has been segmented into cellular V2X (C-V2X), and dedicated short range communication (DSRC). On the basis of propulsion type, connected motorcycle market has been segmented into electric engine, and internal combustion engine. Based on technology, connected motorcycle market has been segmented into ride sharing data, navigation, and charging. On the basis of service provider, connected motorcycle market has been segmented into third-party, and original equipment manufacturer (OEM). Connected motorcycle has also been segmented on the basis of end user into private, and commercial.
  • Connected motorcycle is a new technology that is incorporated in motorcycles to offer smart and intelligent two-wheeler mobility. These motorcycles are equipped with IoT devices allowing flawless internet connectivity in motorcycles and data sharing.

To know more about the study,

Key Pointers Covered in the Connected Motorcycle Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Robert Bosch GmbH
  • Continental AG
  • Starcom Systems Ltd
  • Vodafone Limited
  • BMW AG
  • TE Connectivity
  • Panasonic Corporation
  • Aeris
  • KPIT
  • Autotalks Ltd
  • DXC Technology Company
  • Kawasaki Motors Europe N.V
  • Embien Technologies India Pvt Ltd
  • Piaggio & C. SpA
  • Telefónica S.A
  • Cubic Telecom Ltd
  • e-Novia S.p.A
  • Triumph Motorcycles
  • HARMAN International
  • Zero Motorocycles, Inc

Above are the key players covered in the report, to know about more and exhaustive list of connected motorcycle companies’ contact us

Research Methodology of Global Connected Motorcycle Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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