Connected Motorcycle Market Industry Share, Growing Trends, Leading Players And Covid-19 Business Impact


The Connected Motorcycle Market is anticipated to reach US$ 616.58 Bn by 2027 from US$ 57.73 Bn in 2021 at a CAGR of 48.4% during a forecast period.

Connected Motorcycle Market - Key Trends, dynamics, Competitive Landscape, Product Benchmarking, and Latest Key Acquisitions and Mergers.

According to Maximize Market Research, a well-known provider of business research and consulting services, the global market for Connected Motorcycle is anticipated to reach US$ 616.58 Bn by 2027 from US$ 57.73 Bn in 2021 at a CAGR of 48.4% during a forecast period.

The research report on the Connected Motorcycle market includes a projection for the years up to 2027 together with detailed information on the market's size, rate of growth, revenue, trends, and potential. The major factors influencing the development of this industry have also been properly considered. A thorough quantitative examination of the market was performed for this study, and the findings can be used to create policies that would foster growth and productivity.

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Connected Motorcycle Market Overview:

The most recent drivers, restraints, and opportunities in the Connected Motorcycle industry are the main topics of the in-depth corporate business research of the Connected Motorcycle market. After that, inquiries were made to renowned businesses to confirm the findings. Both free and commercial data sources are used in the secondary inquiry and analysis of the same. Reliable data sources, official government sources, and, in the case of publicly traded companies, financial reports of the company are used to collect information on each player's supply and consumption. The tax division of the local government may be allowed to ask firms for financial records even if they aren't typically available to the general public.

COVID-19 Impact:

The analysis provides more accurate and true estimations in accordance with the market realities by looking at the current and possible effects of the COVID-19 pandemic on the overall market. The extensive spreading of the coronavirus is causing distress. Almost all nations have put strong social segregation laws into place, like lockdowns. Significant supply outages have resulted from this. Everywhere, the disease's widespread impact has changed social structures. The COVID-19 has an impact on the market as a whole, and in 2019 and 2020, that impact will grow in step with the market's rate of expansion. The COVID-19 event has forced enterprises to manage risk and digitise operations in order to give trustworthy information and experiences to decision-makers. This is in line with the most recent MMR analysis, studies, and suggestions on management issues that are very important for businesses and organisations and have a significant effect on the market.

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Connected Motorcycle Market Key players:

• BMW AG
• Triumph motorcycles
• Robert Bosch Gmbh
• Panasonic Corporation
• Vodafone automotive spa
• Continental AG
• Kpit
• Autotalks
• TE connectivity
• Aeris
• Autotalks Ltd.
• Hero Motocorp ltd
• Kawasaki heavy industries, ltd.
• KTM AG (Pierer mobility AG)
• Yamaha motor co., Ltd
• Zero motorcycles, Inc.

Key company and market share insights:

For the audience's advantage, the top rivals are highlighted here. The report looks at significant strategic choices that large companies make to keep their market-leading positions, including product portfolio strengthening, M&A, alliances, innovative, cutting-edge products, and international expansion. The report includes crucial financial data, fascinating insights, and the company's objectives. Users can also obtain information on the businesses' global sales, earnings, and profit margins from 2017 through 2022.

Connected Motorcycle Market Dynamics:

Growing consumer awareness of the safety features offered by connected motorcycles, as well as technical developments in connection, are expected to drive market demand. Additionally, growing smartphone usage and internet penetration are expected to boost market growth throughout the forecast period. Incorporating a 5G connection to power-connected mobility, on the other hand, is expected to create a significant potential for the connected motorbike market to grow significantly throughout the forecast period. Additionally, demand for connected motorcycles will be driven by fast-rising logistics in the retail and e-commerce industries.

The worldwide connected motorcycle market is expected to grow due to a rise in the popularity of connection solutions in automobiles and an increase in the safety features offered by connected motorcycles. However, the market's growth is hampered by the possibility of data hacking and the lack of a smooth and standardized communication infrastructure.

Connected Motorcycle Market Segment:

In 2020, the infotainment service segment dominated the market, accounting for more than 30.0 percent of worldwide revenue. Vehicle management & telematics, infotainment, safety, driving assistance, and insurance are the different types of services available. Turn-by-turn navigation, calls and texts, and audio controls are among the capabilities of the infotainment service. Motorcycle navigation systems may be connected through Bluetooth from a smartphone to a helmet or headset, providing the traveler with auditory directions. Such advancements are expected to have a favourable impact on the market for infotainment services.

Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

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About Us:

The Maximize Market Research team conducts B2B and B2C research on 12,000 high-growth technologies that have the potential to benefit businesses in the healthcare, pharmaceuticals, electronics, communications, internet of things, food and beverage, aerospace, defense, and other manufacturing sectors.

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About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

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MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2
Pune Banglore Highway, Narhe, Pune
411041
India
Phone : +91 9607365656
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Published in

Automotive , Vehicle

Published on

Dec 05, 2022

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