Riding into the Future: Projections for the Global Connected Motorcycle Market by 2029


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

Connected Motorcycle Market Overview

The Connected Motorcycle Market is growing at faster substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029.

The report helps in recognizing the drivers that are driving the Connected Motorcycle Market growth and discovering ways to use these drivers as strengths. Restraints help to identify characteristics that are restraining the market and help you identify them and decrease or improve them before they become an issue. Opportunities are created by external components like changes in the market, and new consumer trends. The report helps to understand elements that influence the Connected Motorcycle Market potential to take advantage of your opportunities. Challenges could create hurdles for your business. The report helps to identify challenges and ways to encounter them depending on the Connected Motorcycle Market scenario.

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Connected Motorcycle Market Scope

The report also presents the total market revenue, structure of cost, and the Connected Motorcycle Market data. The report gives exhaustive information on the competitive assessment including quantitative analysis and qualitative analysis, ranging from a macro overview of the total market size, industry chain, and dynamics to micro details of the segment by equipment and application.

A bottom-up approach has been used to estimate the Connected Motorcycle Market size. Major market players in the market are identified through secondary research and the Connected Motorcycle Market revenue is determined through primary research. Secondary research includes a review of the annual report of the leading manufacturers, while primary research includes interviews with market leaders and industry experts such as entrepreneurs and marketing professionals.

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.

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.

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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.

Regional Analysis

The report provides the global Connected Motorcycle Market 's growth pattern in detail. The report on the Connected Motorcycle Market demonstrates the most significant regions, which include 5 regions, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, have global influence. Consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and value chain analysis are some of the major and important indicators used during the forecast of Connected Motorcycle Market for each country.

Key Questions answered in the Connected Motorcycle Market Report are:

  • What is Connected Motorcycle Market ?
  • What is the forecast period of the Connected Motorcycle Market ?
  • What is the competitive scenario of the Connected Motorcycle Market ?
  • Which region held the largest market share in the Connected Motorcycle Market ?
  • What are the opportunities for the Connected Motorcycle Market ?
  • What are the restraining factors in the Connected Motorcycle Market ?
  • Who are the key players of the Connected Motorcycle Market ?

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Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Connected Motorcycle Market
  • Landscape- Leading key players and other prominent key players.

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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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MAXIMIZE MARKET RESEARCH PVT. LTD.

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Pune Banglore Highway, Narhe,
411041
India
Phone : +91 9607365656
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Published in

Automotive , Business

Published on

Mar 13, 2023

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