A new offering by Absolute Markets Insights entitled U.S. Europe and Asia Pacific Connected Motorcycle Market offers in-depth insights, revenue details, and SWOT analysis which will help the organization to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition. The report offers insightful and detailed information regarding the various key vendors operating in the U.S. Europe and Asia Pacific Connected Motorcycle Market, their financials, supply chain trends, technological innovations, future strategies, key developments, acquisitions and mergers. The U.S. Europe and Asia Pacific Connected Motorcycle Market report has been segmented on the basis of product type, service type, organization size, and region.
The report offers a latest study about the current worldwide market development strategy, past and post covid-19 situation, by upcoming trends and drivers. The report on U.S. Europe and Asia Pacific Connected Motorcycle Market offers qualitative along with quantitative study in terms of competition scenarios, market dynamics, opportunity analysis, market growth, industrial chain. The report provides key statistics on the market status of the U.S. Europe and Asia Pacific Connected Motorcycle Market key players such as Continental AG, KPIT Technologies Ltd., Panasonic Corporation, Robert Bosch GmbH and Starcom Systems Ltd amongst others and is a valuable source of guidance and direction for companies and individuals interested in the U.S. Europe and Asia Pacific Connected Motorcycle Market.
U.S. Connected Motorcycle Market is expected to grow at a CAGR of 40.4% over the Forecast Period.
Accidents have become one of the major causes of death and disability in recent times. The fatality rate of bike accidents in highways and roadways has seen a steep rise in the decade. The U.S. Governors Highway Safety Association (GHSA) reported a 9% increase in motorcycle-related fatalities nationwide in 2012. Studies show that the younger generation have been immensely affected by road accidents, especially with the growth of urbanization and vehicle density on roads. Lack of awareness regarding traffic rules, negligence during driving, over speed, drunken driving, mobile phone usage while driving, etc., are some of the major reasons for road accidents. Cars and trucks have been equipped with IoT-based features that assist the drivers, and help in reducing the number of accidents. These functionalities are being extrapolated to motorcycles, giving rise to connected or IoT-based motorcycles. Information such as vehicle speed, road obstructions, motorcycle emission, fuel capacity, vehicle position, etc., are collected using IoT, which can then be used to control and analyse the vehicle. Panasonic Automotive, for instance, provides a system that allows the rider to stay connected with the motorcycle through a linkage between mobile application and the vehicle telematics control unit (TCU). Motorcycle status, tamper alerts, vehicle location and service reminders are directly sent to the rider's mobile application using Panasonic's OneConnect system. OEMs are increasingly offering added security features to prevent vehicle theft. The connected motorcycle market is expected to show considerable growth as a result of rising consumer awareness regarding the need for technology-embedded vehicles that can be accessed using smartphones, coupled with favourable government initiatives that promote safe connected vehicle solutions.
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Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a technological growth to understand the industry growth rate
- It helps in understanding the key product segments and their future
- It provides in-depth analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides characteristic graphics and represented SWOT analysis of major market segments
Impact of COVID-19:
The COVID 19 pandemic situation includes extensive analysis of key trend, application and kinds. The coronavirus epidemic perspective of varied market and geographic segments. Therefore, the report offers their market position and presence within the global market.
Segmentation of U.S. Europe and Asia Pacific Connected Motorcycle Market:
- By Hardware
- Embedded
- Customized
- By Service
- Driver Assistance
- Infotainment
- Safety
- Vehicle management & telematics
- Others
- By End User
- Private
- Commercial
- By Region
- S
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
Related Reports@
https://www.absolutemarketsinsights.com/reports/ADAS-ECU-Market-2019-2027-519
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