The Connected Motorcycle Market size is projected to reach a CAGR of 47.9% from 2022 to 2028.
Connected motorcycles is a new technology, where motorcycles are equipped with IoT devices enabling seamless internet connectivity in motorcycles and data sharing. The connectivity system in it monitors controls safety, comfort, and security functions such as advanced light and heat management, keyless starting of the bike, tire pressure monitoring, and helps one to attend emergency calls.
Growing awareness about safety features provided by connected motorcycles and rising technological advancements in connectivity are some of the factors that have supported long-term expansion for Connected Motorcycle Market.
The COVID-19 pandemic hindered the growth of the connected motorcycles market due to shutdowns of manufacturing units and travel restrictions. In addition, virtually with no activity in tourism, the aftermarket segment of the connected motorcycle market also witnessed a slowdown.
Asia-Pacific region expected to hold significant share in the market followed by Europe and North America during the forecast period. The presence of global players like Yamaha, Suzuki, Honda etc. and increasing awareness about benefits of Connected motorcycles is likely to have a positive impact on this regional market.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 47.9% during the forecasting period, 2022-2028 |
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Historical Data |
2019-2020 |
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Forecast Years |
2022-2028 |
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Base Year |
2021 |
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Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
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Report Segmentation |
service, end user and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Robert Bosch, Continental AG, TE Connectivity, Panasonic Corporation and KPIT Technologies. |
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Available Customization |
In addition to the market data for Connected Motorcycle Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Connected Motorcycle Market is segmented into service, end user and region.
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