Connected Motorcycle Market by Hardware, Service, Network Type, Communication Type, Calling Service, End-User

List of Tables

The Connected Motorcycle Market was valued at USD 113.52 million in 2023, expected to reach USD 153.55 million in 2024, and is projected to grow at a CAGR of 35.74%, to USD 964.12 million by 2030.

The connected motorcycle market scope is defined by the integration of advanced electronics and internet capabilities into motorcycles, aimed at enhancing safety, efficiency, and rider experience. These systems can feature Vehicle-to-Everything (V2X) communication, advanced rider-assistance systems, and infotainment solutions. The necessity arises from increasing demand for safer, smarter, and more engaged riding experiences. Applications span across navigation and routing, vehicle diagnostics, safety enhancements like collision alerts, and smart helmet connectivity. End-users primarily include individual consumers and fleet operators seeking to leverage these connected features.

KEY MARKET STATISTICS
Base Year [2023]	USD 113.52 million
Estimated Year [2024]	USD 153.55 million
Forecast Year [2030]	USD 964.12 million
CAGR (%)	35.74%

Key growth factors include the rising emphasis on road safety, technological advancements in IoT, and increasing consumer preference for premium motorcycles. The growing development of 5G technology presents a significant opportunity for improved connectivity and more seamless integration of advanced systems. However, manufacturers and stakeholders must address the high initial costs and potential security vulnerabilities related to digital connectivity. Moreover, the diversity of global standards and protocols can pose challenges for scalability and interoperability.

To seize opportunities, companies should focus on partnerships with tech firms to harness AI and machine learning for advanced predictive analytics, as well as ensure robust cybersecurity measures. Customizing solutions for electric motorcycles could also tap into the growing e-vehicle trend. Innovation areas include the development of lightweight, energy-efficient components and augmented reality interfaces for navigation and maintenance.

Overall, the connected motorcycle market is poised for growth but requires navigation through financial, technical, and regulatory hurdles. Firms with a focus on R&D, collaborations, and adaptive marketing strategies are likely to carve out substantial competitive advantages. Understanding consumer behavior and aligning offerings with tech-savvy riders' expectations while ensuring affordability and security will be crucial for sustaining business growth in this evolving market.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Connected Motorcycle Market

The Connected Motorcycle Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Growing consumer demand for safety and driver assistance features in motorcycle
- Growing applications in vehicle management and telematics services
- Rising demand for premium motorcycle and connectivity solution
Market Restraints
- High cost of connected motorcycles and the systems
Market Opportunities
- Increasing trend of 5G connectivity for enhanced connected mobility
- Deployment and advancement of new technology integrated into motorcycle
Market Challenges
- Concerns associated with consumer data security

Porter's Five Forces: A Strategic Tool for Navigating the Connected Motorcycle Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Connected Motorcycle Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Connected Motorcycle Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Connected Motorcycle Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Connected Motorcycle Market

A detailed market share analysis in the Connected Motorcycle Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Connected Motorcycle Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Connected Motorcycle Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Connected Motorcycle Market

A strategic analysis of the Connected Motorcycle Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Connected Motorcycle Market, highlighting leading vendors and their innovative profiles. These include Abb Ltd., Aeris Communications, Inc., Autotalks, BMW AG, Continental AG, Cubic Telecom Limited, Facomsa, Harley-Davidson, Inc., HARMAN International by Samsung Electronics Co., Ltd., Hero MotoCorp Ltd., Honda Motor Co., Ltd., IAV GmbH, Kawasaki Motors Pvt. Ltd., KPIT Technologies Ltd., Panasonic Holdings Corporation, Robert Bosch GmbH, Siemens AG, SP United USA, Suzuki Motor Corporation, TE Connectivity Ltd., Triumph Motorcycles Limited, Yamaha Motor Pvt. Ltd., and Zero Motorcycles, Inc..

Market Segmentation & Coverage

This research report categorizes the Connected Motorcycle Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Hardware, market is studied across Embedded and Tethered.
Based on Service, market is studied across Driver Assistance, Infotainment, Insurance, Safety, and Vehicle Management & Telematics.
Based on Network Type, market is studied across Cellular V2X and Dedicated Short-Range Communication.
Based on Communication Type, market is studied across V2I and V2V.
Based on Calling Service, market is studied across Bcall, Ecall, and icall.
Based on End-User, market is studied across Commercial and Private.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-3D2FD205CE7E

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing consumer demand for safety and driver assistance features in motorcycle
  - 5.1.1.2. Growing applications in vehicle management and telematics services
  - 5.1.1.3. Rising demand for premium motorcycle and connectivity solution
- 5.1.2. Restraints
  - 5.1.2.1. High cost of connected motorcycles and the systems
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing trend of 5G connectivity for enhanced connected mobility
  - 5.1.3.2. Deployment and advancement of new technology integrated into motorcycle
- 5.1.4. Challenges
  - 5.1.4.1. Concerns associated with consumer data security
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Connected Motorcycle Market, by Hardware

6.1. Introduction
6.2. Embedded
6.3. Tethered

7. Connected Motorcycle Market, by Service

7.1. Introduction
7.2. Driver Assistance
7.3. Infotainment
7.4. Insurance
7.5. Safety
7.6. Vehicle Management & Telematics

8. Connected Motorcycle Market, by Network Type

8.1. Introduction
8.2. Cellular V2X
8.3. Dedicated Short-Range Communication

9. Connected Motorcycle Market, by Communication Type

9.1. Introduction
9.2. V2I
9.3. V2V

10. Connected Motorcycle Market, by Calling Service

10.1. Introduction
10.2. Bcall
10.3. Ecall
10.4. icall

11. Connected Motorcycle Market, by End-User

11.1. Introduction
11.2. Commercial
11.3. Private

12. Americas Connected Motorcycle Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Connected Motorcycle Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Connected Motorcycle Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. Market Share Analysis, 2023
15.2. FPNV Positioning Matrix, 2023
15.3. Competitive Scenario Analysis
15.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Abb Ltd.
2. Aeris Communications, Inc.
3. Autotalks
4. BMW AG
5. Continental AG
6. Cubic Telecom Limited
7. Facomsa
8. Harley-Davidson, Inc.
9. HARMAN International by Samsung Electronics Co., Ltd.
10. Hero MotoCorp Ltd.
11. Honda Motor Co., Ltd.
12. IAV GmbH
13. Kawasaki Motors Pvt. Ltd.
14. KPIT Technologies Ltd.
15. Panasonic Holdings Corporation
16. Robert Bosch GmbH
17. Siemens AG
18. SP United USA
19. Suzuki Motor Corporation
20. TE Connectivity Ltd.
21. Triumph Motorcycles Limited
22. Yamaha Motor Pvt. Ltd.
23. Zero Motorcycles, Inc.