The Connected Motorcycle Market is anticipated to reach US$ 1357.91 Bn by 2029 from US$ 57.73 Bn in 2021 at a CAGR of 48.4% during a forecast period.
Connected Motorcycle Market Overview
The total global market for Connected Motorcycle Market was in 2021 from the supply side, claimed Sr. Research Analyst Ms. Neha Nalwade while publishing the report. Maximize Market research published the global market and industry analysis report on the Connected Motorcycle Market market on 20th November and is available in the market now. The report includes key business insights and market sizing by region, products, and applications, with a forecast for 2029.
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Connected Motorcycle Market Scope
The Maximize Market research Report provides Connected Motorcycle Market insights for manufacturers, suppliers, distributors, and investors. All stakeholders in the Connected Motorcycle Market , including industry experts, researchers, journalists, and business researchers, can benefit from the information and statistics provided in the report.
Maximize Market Research report explains how to do in-depth research on the Connected Motorcycle Market and develop conclusions about the market's future growth factors. The research technique combines primary and secondary research methodologies to ensure the authenticity and validity of the findings in the research.
Connected Motorcycle Market Segmentation
With more than 30.0 percent of global revenue in 2021, the infotainment service segment dominated the market. The various services that are offered include vehicle management and telematics, infotainment, safety, driving assistance, and insurance. The infotainment service includes features like audio controls, calls and texts, and turn-by-turn navigation. Bluetooth connectivity allows motorcycle navigation systems to be connected from a smartphone to a helmet or headset, giving the rider audible instructions. These developments are anticipated to positively affect the infotainment services market.
With more than 70 percent of global sales in 2021, the embedded hardware segment dominated the market. Hardware is available in two categories: embedded and tethered. The integrated connection module consists of an electronic control unit, a GSM module, a GLONASS/GPS system, and other crucial sensors. Because embedded hardware doesn't rely on external devices, there will likely be an increase in demand from OEMs, which will help the market grow.
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.
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Regional Analysis
The report on the Connected Motorcycle Market 's growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
Key Questions answered in the Connected Motorcycle Market Report are:
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Mar 06, 2023