Connected Motorcycle Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The automotive industry is observing significant technological improvements in manufacturing processes, electronics, design, etc., across the globe. Manufacturers developing connected motorcycle is a comparatively new technology merged in vehicles to provide intelligent and smart two-wheeler mobility to the rider. Connected motorcycles are equipped with IoT devices allowing seamless internet connectivity in motorcycles and data sharing, which is the major factor boosting the growth of connected motorcycle market.

MARKET SCOPE

The "Global Connected motorcycle Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the connected motorcycle market with detailed market segmentation by hardware, network type, communication type, and geography. The report provides key statistics on the market status of the leading connected motorcycle market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   The global connected motorcycle market is segmented on the basis of hardware, network type, and communication type.
  
•   On the basis of hardware, the market is segmented as embedded, and tethered.
  
•   Based on network type the market is segmented as cellular V2X, dedicated short range communication.
  
•   Based on communication type the market is segmented as vehicle to vehicle (V2V), vehicle to infrastructure (V2I).
  

MARKET DYNAMICS

Drivers:

•   Increasing demand for a comfortable and safe riding experience.
  

Restraints:

•   Lack of proper network infrastructure in many of the regions impacts the market growth..
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The connected motorcycle market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the connected motorcycle market in these regions.

IMPACT OF COVID-19 ON CONNECTED MOTORCYCLE MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the connected motorcycle market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Connected motorcycle market market are anticipated to lucrative growth opportunities in the future with the rising demand for Connected motorcycle market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the connected motorcycle market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Aeris
  
•   Autotalks Ltd
  
•   BMW AG
  
•   Continental AG
  
•   E-Novia
  
•   KPIT
  
•   Panasonic Corporation
  
•   Robert Bosch GmbH
  
•   Triumph Motorcycles
  
•   Vodafone Limited
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Connected Motorcycle Report Scope