IMARC Group, a leading market research company, has recently released a report titled "Connected Motorcycle Market Report by Service (Driver Assistance, Infotainment, Safety, Vehicle Management and Telematics, Insurance), Hardware (Embedded, Tethered), Network Type (Cellular V2X, Dedicated Short Range Communication), End User (Private, Commercial), and Region 2025-2033." The study provides a detailed analysis of the industry, including the global connected motorcycle market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Connected Motorcycle Market Highlights:
- Connected Motorcycle Market Size: Valued at USD 170.2 Million in 2024.
- Connected Motorcycle Market Forecast: The market is expected to reach USD 2,066.1 Million by 2033, growing at an impressive rate of 30.37% annually.
- Market Growth: The connected motorcycle market is experiencing significant growth due to advancements in technology and increasing consumer demand for smart features.
- Key Drivers: Factors driving the market include enhanced safety features, navigation systems, and real-time data analytics.
- Consumer Interest: Rising interest in connected vehicles among consumers is pushing manufacturers to innovate and integrate advanced technologies.
- Integration of IoT: The Internet of Things (IoT) is playing a crucial role in the development of connected motorcycles, enabling features like remote diagnostics and tracking.
- Competitive Landscape: Major players in the market are investing in research and development to stay competitive and meet evolving consumer preferences.
- Regional Insights: North America and Europe are leading regions in the adoption of connected motorcycle technologies, driven by high disposable incomes and a strong motorcycle culture.
- Future Outlook: The market is expected to continue expanding as manufacturers focus on sustainability and integrating electric motorcycles with connected technologies.
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Our report includes:
- Market Dynamics
- Market Trends and Market Outlook
- Competitive Analysis
- Industry Segmentation
- Strategic Recommendations
Industry Trends and Drivers:
- Increasing Emphasis on Rider Safety and Security:
A primary impetus for the connected motorcycle market is riders prioritizing greater safety along with security. Technologies which are designed so they can assist to cut all risks that are on the road are now in demand by modern riders, who are increasingly aware. Automatic crash detection is an advanced feature within connected systems also can alert pre-selected contacts during an accident. People can contact emergency services too. Additionally, features such as real-time vehicle diagnostics and theft alerts coupled with geofencing give riders peace of mind because they are able to monitor their bike's health as well as its location from afar. Since it matters to protect both the rider and also the asset, manufacturers' integration of technologies driving security improvement and life-saving outcomes is what drives the market.
- Technological Advancements and Smartphone Integration:
Due to the technological advancements that exist, in addition to a smartphone's smooth integration, this moves at such a rapid pace. As affordable IoT devices proliferate, faster processors can process faster, also advanced software advances to then make embedding advanced connectivity features into motorcycles possible. Now bikes must extend the digital lives for the riders since turn-by-turn navigation is shown on a dashboard also because music streams and the riders use hands-free communication by way of headsets. Connected motorcycles are more appealing for a tech-savvy consumer base due to how they improve the overall experience of riding. Using a smartphone app, riders manage ride data with customized bike settings accessing real-time traffic information.
- Growth in the Sharing Economy and Fleet Management:
The growth that is within the sharing economy does also influence the market by a great deal. Effective fleet management solutions are more greatly needed now too. Specifically, services providing scooters or motorcycles rented briefly are growing in appeal within cities. These happen to be business models that must connect up strongly in order to manage fleets using efficiency for success with profit. Operators locate, maintain, and manage their vehicle fleet effectively using remote tracking, usage monitoring, and remote diagnostics. Manufacturers along with service providers apply connected technology, so this provides new revenue streams to them. Connectivity is fundamentally required across the modern motorcycle landscape, so this strengthens its importance.
Connected Motorcycle Market Report Segmentation:
Breakup by Service:
- Driver Assistance
- Infotainment
- Safety
- Vehicle Management and Telematics
- Insurance
Breakup by Hardware:
- Embedded
- Tethered
Breakup by Network Type:
- Cellular V2X
- Dedicated Short Range Communication
Breakup by End User:
- Private
- Commercial
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Aeris
- Autotalks Ltd.
- BMW AG
- Continental AG
- DXC Technology Company
- Facomsa
- IAV
- KPIT Technologies Ltd
- Panasonic Corporation
- Robert Bosch GmbH
- Starcom Systems Ltd
- TE Connectivity.
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