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 Overview:
Maximize Market Research, a leading business research firm, has released an insightful report on the “Connected Motorcycle Market.” This comprehensive study offers an in-depth analysis of industry trends, including business insights, demand dynamics, pricing strategies, and the competitive landscape, covering the forecast period extensively.
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Connected Motorcycle Market Report Scope and Research Methodology:
The report offers a thorough examination of the Connected Motorcycle Market, encompassing segmental analysis, significant developments, market dynamics, and the competitive landscape. Data for this study has been gathered through both primary and secondary research methods, including government publications, news articles, and corporate annual reports. It includes an evaluation of major players in the Connected Motorcycle Market, recent innovations, and notable mergers and acquisitions. Visual representations within the report illustrate import/export data, leading market players, market share, and revenue figures. Additionally, the report provides an overview of the drivers, challenges, opportunities, and trends influencing the Connected Motorcycle Market.
Connected Motorcycle Market Segmentation:
Based on Services: In 2023, the Info Infotainment sub-segment led the Connected Motorcycle Market's Service segment. Within the Service segment, the Info Infotainment sub-segment insists on being in charge. This superiority is supported by a combination of cutting-edge features that improve riding and user-centric technologies.
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)
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Connected Motorcycle Market Regional Insights:
In 2023, the Connected Motorcycle Market was led by the Asia Pacific Region. The Asia Pacific region's large population, especially in countries like China, India, and several Southeast Asian countries, provides a sizable consumer base for motorcycles, which explains the market's dominance in the connected motorcycle space. Rapid urbanization and the growth of the middle class have increased demand for technologically advanced automobiles, including connected motorcycles.
Key questions answered in the Connected Motorcycle Market are:
- What recent industry trends can be leveraged to create additional revenue streams in 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 are their portfolios?
- What is the Connected Motorcycle Market?
- What was the size of the Connected Motorcycle Market in the past?
- What is the current 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 are the different segments within the Connected Motorcycle Market?
- What growth strategies are companies adopting to enhance their presence in the Connected Motorcycle Market?
- What are the emerging industry applications and trends in the Connected Motorcycle Market?
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