Connected Motorcycle Market Report Overview
Connected motorcycles can be described as an innovation introduced to provide customers with intelligent and smart mobility. In addition, the connection solution is used to provide the motorcycle network function, which makes the motorcycle ride quality much safer and more convenient. In addition, the connected system of the connected motorcycle monitor controls safety, comfort and security features such as advanced light and heat management, keyless bike start-up, tire pressure monitoring and emergency calls. One can pair devices such as smartphones and audio players with your vehicle to navigate and stream audio that the driver can control directly from the dashboard. Connected Motorcycle market is expected to register CAGR of 51.38% during the forecast period.
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Connected Motorcycle Market Report Scope and Research Methodology
The connected motorcycle market is driven by factors such as increased global sales of premium motorcycles, increased demand for motorcycle safety and driver assistance, and increased demand for motorcycle usage-based insurance and infotainment systems. Demand for motorcycles is promoted. Motorcycle rider safety regulations planned around the world will also boost the market.
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Connected Motorcycle Market Regional Insights
The Asia Pacific connected motorcycle market contains essential bike industries inclusive of China, India, Indonesia, the Philippines, and Vietnam. The area accounted for greater than 90% of the worldwide bike income in 2020. As two-wheelers are a desired mode of transportation because of affordability and coffee maintenance, Asian international locations inclusive of India, Thailand, Indonesia, and Vietnam have a excessive bike penetration. Mid and finances-phase bikes dominate the marketplace in those international locations. However, with a consistent growth in disposable profits and growing call for for excessive-overall performance bikes, the area has attracted some of top rate bike manufacturers.
Connected Motorcycle Market Segmentation:
Motorcycle connection standards are limited. For V2I or V2V communication, interoperability requires harmonious technical standards, so a standard communication or connection platform is required to provide a seamless and reliable connection. In October 2019, the Car2Car Communication Consortium will be held in Germany, Slovenia, Spain, Portugal, France, the Netherlands and the United Kingdom. In the first phase, the consortium provided initial services such as road construction warnings (RWW), in-vehicle signs (IVS), other hazardous location notifications (OHLN), and Greenlight Optimal Speed ??Advisory (GLOSA). These systems have not yet addressed key user privacy concerns in Europe.
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Connected Motorcycle Market Key Players:
Yamaha (Japan)
Suzuki (Japan)
Kawasaki (Japan)
BMW (Germany)
Harley Davidson (US)
AERIS (India)
AUTOTALKS LTD. (Israel)
HERO MOTOCORP LTD (India)
Key questions answered in the Automotive Relay Market are:
- What is Connected Motorcycle ?
- What are the global trends in the Connected Motorcycle Market?
- What are the factors contributing to the final price of Connected Motorcycle ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Connected Motorcycle Market?
- How is the intervention from regulatory authority is shaping the Connected Motorcycle Market?
- What growth strategies are the players considering to increase their presence in Connected Motorcycle Market?
- Who held the largest market share in Connected Motorcycle Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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