Connected Motorcycle Market: Segmented: By Service (Driver Assistance, Infotainment, Safety, Vehicle Management and Telematics and Insurance), By Connectivity Solution (Integrated, Embedded, and Tethered), By Propulsion (Integrated combustion engine (ICE) and Electric motorcycles), And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031
Connected Motorcycle Market: Segmented: By Service (Driver Assistance, Infotainment, Safety, Vehicle Management and Telematics and Insurance), By Connectivity Solution (Integrated, Embedded, and Tethered), By Propulsion (Integrated combustion engine (ICE) and Electric motorcycles), And Region - Global Analysis of Market Size, Share & Trends For 2019-2020 And Forecasts To 2031
PRODUCT OVERVIEW
A connected motorbike is a smart mobility system that connects motorcyclists to a telematics control unit via a cellular connection (TCU). It comes equipped with cutting-edge technology that alerts the user about Vehicles traffic, potholes, road bends, oil level, tire pressure, and battery life. It also enables remote monitoring by, among other things, tracking stolen vehicles, obtaining data for performance analysis, and delivering operational information, roadside help, and over-the-air (OTA) upgrades. The connected motorcycle industry has been fueled by factors such as technological breakthroughs, improvements in automobiles safety, the arrival of driver-assist systems in bikes, and fast-rising logistic in the retail & e-commerce sectors.
MARKET HIGHLIGHTS
Global Connected Motorcycle market is expected to project a notable CAGR of 48.3% in 2031.
Factors such as increased premium motorcycle sales around the world, increasing need for motorcycle safety as well as driver assistance, and increasing demand for usage-based insurance & infotainment system in motorcycles will all contribute to the connected motorcycle market's growth. The market will also benefit from impending legislation for driver safety in motorbikes in nations all over the world.
GLOBAL CONNECTED MOTORCYCLE: SEGMENTS
Driver Assistant segment to grow with the highest CAGR during 2021-31
The market is divided into driving assistance, infotainment, safety, vehicle management, telematics, and insurance, depending on the service type. The driver assistance sector has the highest share of the market and is projected to continue to do so during the projected period. The significant development in the need for warning and alert systems to moderate the speed and minimize possible road fatalities & crashes is credited with this supremacy. Lane change alerts, traffic jam warnings, on-board signs, green light augmentation speed recommendations, and other driver aid services are available. The research and design of such systems are targeted at making it simple for people to operate and have a comfortable bike ride. As a result, these advances are projected to rise significantly in the next years.
Internal Combustion Engine segment to grow with the highest CAGR during 2021-31
The market is divided into ICE & electric bikes based on the type of propulsion. Because of its widespread use across geographies, the internal combustion engine (ICE) sector has the largest market share. The ICE bikes have a large market share and offer a wide range of conventionally fueled motorcycles, allowing the major companies to gain a significant share of the global market.
MARKET DYNAMICS
Drivers
The rise in the number of safety measures offered by connected motorcycles
Vehicle connection options are becoming more popular
Restraint
The high danger of data hacking could hinder business expansion
GLOBAL CONNECTED MOTORCYCLE: KEY PLAYERS
PRODUCT OVERVIEW
A connected motorbike is a smart mobility system that connects motorcyclists to a telematics control unit via a cellular connection (TCU). It comes equipped with cutting-edge technology that alerts the user about Vehicles traffic, potholes, road bends, oil level, tire pressure, and battery life. It also enables remote monitoring by, among other things, tracking stolen vehicles, obtaining data for performance analysis, and delivering operational information, roadside help, and over-the-air (OTA) upgrades. The connected motorcycle industry has been fueled by factors such as technological breakthroughs, improvements in automobiles safety, the arrival of driver-assist systems in bikes, and fast-rising logistic in the retail & e-commerce sectors.
MARKET HIGHLIGHTS
Global Connected Motorcycle market is expected to project a notable CAGR of 48.3% in 2031.
Factors such as increased premium motorcycle sales around the world, increasing need for motorcycle safety as well as driver assistance, and increasing demand for usage-based insurance & infotainment system in motorcycles will all contribute to the connected motorcycle market's growth. The market will also benefit from impending legislation for driver safety in motorbikes in nations all over the world.
GLOBAL CONNECTED MOTORCYCLE: SEGMENTS
Driver Assistant segment to grow with the highest CAGR during 2021-31
The market is divided into driving assistance, infotainment, safety, vehicle management, telematics, and insurance, depending on the service type. The driver assistance sector has the highest share of the market and is projected to continue to do so during the projected period. The significant development in the need for warning and alert systems to moderate the speed and minimize possible road fatalities & crashes is credited with this supremacy. Lane change alerts, traffic jam warnings, on-board signs, green light augmentation speed recommendations, and other driver aid services are available. The research and design of such systems are targeted at making it simple for people to operate and have a comfortable bike ride. As a result, these advances are projected to rise significantly in the next years.
Internal Combustion Engine segment to grow with the highest CAGR during 2021-31
The market is divided into ICE & electric bikes based on the type of propulsion. Because of its widespread use across geographies, the internal combustion engine (ICE) sector has the largest market share. The ICE bikes have a large market share and offer a wide range of conventionally fueled motorcycles, allowing the major companies to gain a significant share of the global market.
MARKET DYNAMICS
Drivers
The rise in the number of safety measures offered by connected motorcycles
Vehicle connection options are becoming more popular
Restraint
The high danger of data hacking could hinder business expansion
GLOBAL CONNECTED MOTORCYCLE: KEY PLAYERS
- Aeris
- Autotalks Ltd
- BMW AG
- Continental AG
- E-Novia
- KIT
- Panasonic Corporation
- Robert Bosch GmbH
- Triumph Motorcycles
- Vodafone Limited
- Other Prominent Players
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
2. GLOBAL CONNECTED MOTORCYCLE MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL CONNECTED MOTORCYCLE MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL CONNECTED MOTORCYCLE MARKET
11.1. Market Size & forecast, 2020A-2031F
11.1.1. By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
11.1.2. By Volume (Million Units) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12. GLOBAL CONNECTED MOTORCYCLE MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2. By Propulsion: Market Share (2020-2031F)
12.2.1. Integrated combustion engine (ICE), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.2. Electric motorcycles, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3. By Connectivity Solution: Market Share (2020-2031F)
12.3.1. Integrated, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3.2. Embedded, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3.3. Tethered, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4. By Service: Market Share (2020-2031F)
12.4.1. Driver Assistance, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.2. Infotainment, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.3. Safety, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.4. Vehicle Management and Telematics, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.5. Insurance, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031
13. COMPANY PROFILE
13.1. Aeris
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Autotalks Ltd
13.3. BMW AG
13.4. Continental AG
13.5. E-Novia
13.6. KPIT
13.7. Panasonic Corporation
13.8. Robert Bosch GmbH
13.9. Triumph Motorcycles
13.10. Vodafone Limited
13.11. Other Prominent Players
Consultant Recommendation
The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. GLOBAL CONNECTED MOTORCYCLE MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL CONNECTED MOTORCYCLE MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL CONNECTED MOTORCYCLE MARKET
11.1. Market Size & forecast, 2020A-2031F
11.1.1. By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
11.1.2. By Volume (Million Units) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12. GLOBAL CONNECTED MOTORCYCLE MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2. By Propulsion: Market Share (2020-2031F)
12.2.1. Integrated combustion engine (ICE), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.2. Electric motorcycles, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3. By Connectivity Solution: Market Share (2020-2031F)
12.3.1. Integrated, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3.2. Embedded, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3.3. Tethered, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4. By Service: Market Share (2020-2031F)
12.4.1. Driver Assistance, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.2. Infotainment, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.3. Safety, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.4. Vehicle Management and Telematics, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.5. Insurance, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031
13. COMPANY PROFILE
13.1. Aeris
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Autotalks Ltd
13.3. BMW AG
13.4. Continental AG
13.5. E-Novia
13.6. KPIT
13.7. Panasonic Corporation
13.8. Robert Bosch GmbH
13.9. Triumph Motorcycles
13.10. Vodafone Limited
13.11. Other Prominent Players
Consultant Recommendation
The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.