A new Report by Delvens, titled "Connected Motorcycle Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The Connected Motorcycle Market size is projected to reach a CAGR of 47.9% to 2028.
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Connected motorcycles is a new technology, where motorcycles are equipped with IoT devices enabling seamless internet connectivity in motorcycles and data sharing. The connectivity system in it monitors controls safety, comfort, and security functions such as advanced light and heat management, keyless starting of the bike, 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 long-term expansion for Connected Motorcycle Market.
Regional Analysis
Asia-Pacific region expected to hold significant share in 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 benefits of Connected motorcycles is likely to have a positive impact on this regional market.
Key Players of Connected Motorcycle Market
· Robert Bosch
· Continental AG
· TE Connectivity
· Panasonic Corporation
· KPIT Technologies ltd and More
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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 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.
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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Reasons to Acquire
· Increase your understanding of the market for identifying the best and 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 Connected Motorcycle Market so as to understand the trends and the factors involved behind 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
In addition to the market data for Connected Motorcycle Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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