Connected Motorcycle Market Analysis: Trends and Growth Opportunities through 2030
Forecast Increase in Revenue:
The Connected Motorcycle Market size was valued at USD 98.5 Mn in 2023 and market revenue is growing at a CAGR of 13.7 % from 2023 to 2030, reaching nearly USD 241.97 Mn by 2030.
Connected Motorcycle Market Report Overview:
The Connected Motorcycle Market research delves into the key growth drivers and challenges, along with company strategies, operational processes, and a comprehensive financial roadmap. It also provides tailored insights and in-depth details on Connected Motorcycle Market opportunities to align with customer needs. Considering current industrial dynamics, this global Connected Motorcycle Market analysis aids in strategic planning and decision-making.
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Connected Motorcycle Market Report Scope and Research Methodology:
The report delves into the intricacies of the Connected Motorcycle Market, dissecting its various segments and the factors that shape them. It meticulously examines the market's driving forces, constraints, potential avenues for expansion, and challenges. Moreover, it offers a panoramic view of the competitive landscape and provides valuable insights to help companies navigate the shifting currents of industry practices. The report also sheds light on the current state of the Connected Motorcycle Market, including its projected future growth, technological advancements, investment prospects, market dynamics, and financial metrics. It offers a comprehensive analysis of the size and growth trajectories of each regional market, providing a holistic understanding of the industry. Additionally, it presents detailed profiles of key industry players, unraveling their strategies for maintaining and expanding their market footprint.
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Connected Motorcycle Market Dynamics:
Telematics systems provide data transmission and receiving, acting as the foundation of a networked motorbike infrastructure. In the event of an accident or breakdown, this permits emergency help services, remote diagnostics, and car tracking for theft recovery. Additionally, improvements in sensor technology have made it possible to incorporate vital safety features like automated emergency braking, blind-spot monitoring, and collision detection, which improve rider safety and lower the chance of collisions.
Connected Motorcycle Market Segmentation:
By Services
Driver Assistance
Infotainment
Safety
Vehicle Management & Telematics
Insurance
By Hardware
Embedded
Tethered
By Network Type
Cellular V2X (C-V2X)
Dedicated Short Range Communication (DSRC)
by Communication Type
Vehicle-To-Vehicle (V2V)
Vehicle-To-Infrastructure (V2I)
By End-user
Commercial
Private
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Connected Motorcycle Market Key Players:
Europe
1. Bosch (Germany)
2. Continental AG (Germany)
3. BMW Motorrad (Germany)
4. Ducati Motor Holding S.p.A. (Italy)
5. Piaggio & C. S.p.A. (Italy)
6. MV Agusta Motor S.p.A. (Italy)
7. Triumph Motorcycles Ltd. (UK)
Asia Pacific
1. Yamaha Motor Co., Ltd. (Japan)
2. Honda Motor Co., Ltd. (Japan)
3. KTM AG (Austria)
4. Suzuki Motor Corporation (Japan)
5. Kawasaki Heavy Industries, Ltd. (Japan)
6. TVS Motor Company (India)
7. Hero MotoCorp Ltd. (India)
8. Royal Enfield (India)
9. Bajaj Auto Ltd. (India)
North America
1. Harley-Davidson, Inc. (USA)
2. Zero Motorcycles Inc. (USA)
3. Polaris Inc. (USA)
Connected Motorcycle Market Regional Insights:
The Connected Motorcycle Market is categorized into key regions, including North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Each of these regions is further broken down into specific countries, such as the United States, Canada, Mexico, the United Kingdom, Germany, France, Spain, Italy, along with other European nations, as well as China, India, Japan, Australia, and South Korea.
Key Questions answered in the Connected Motorcycle Market Report are:
- What recent industry trends can be leveraged to create additional revenue streams for the Connected Motorcycle Market?
- Which segments are included in the Connected Motorcycle Market?
- Who are the leading companies in the Connected Motorcycle Market, and what products or services do they offer?
- What is the definition and scope of the Connected Motorcycle Market?
- What was the size of the Connected Motorcycle Market?
- What is the expected growth rate of the Connected Motorcycle Market?
- What factors are anticipated to drive growth in the Connected Motorcycle Market?
- Who are the key players in the Connected Motorcycle Market?
- What segments are encompassed within the Connected Motorcycle Market?
- What are the various segments within the Connected Motorcycle Market?
- What growth strategies are being pursued by players to enhance their presence in the Connected Motorcycle Market?
- What upcoming industry applications and trends are emerging in the Connected Motorcycle Market?
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