Connected Motorcycle Market Report: Trends, Forecast and Competitive Analysis to 2030

Connected Motorcycle Trends and Forecast

The future of the global connected motorcycle market looks promising with opportunities in the commercial and private markets. The global connected motorcycle market is expected to reach an estimated $0.33 billion by 2030 with a CAGR of 32.3% from 2024 to 2030. The major drivers for this market are increasing integration of safety and security functionalities in motorcycles and growing inclination for high-end motorbikes, rising need for enhanced capabilities, and instantaneous diagnoses.

A more than 150-page report is developed to help in your business decisions.

Connected Motorcycle by Segment

The study includes a forecast for the global connected motorcycle by hardware, service, network, end-use, and region.

Connected Motorcycle Market by Hardware [Shipment Analysis by Value from 2018 to 2030]:

• Embedded
• Tethered

Connected Motorcycle Market by Service [Shipment Analysis by Value from 2018 to 2030]:

• Driver Assistance
• Infotainment
• Safety
• Vehicle Management & Telematics
• Insurance

Connected Motorcycle Market by Network [Shipment Analysis by Value from 2018 to 2030]:

• Cellular V2X
• Dedicated Short Range Communication

Connected Motorcycle Market by End-Use [Shipment Analysis by Value from 2018 to 2030]:

• Commercial
• Private
• Others

Connected Motorcycle Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Connected Motorcycle Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies connected motorcycle companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the connected motorcycle companies profiled in this report include-

• BMW
• Triumph Motorcycles
• Robert Bosch
• Panasonic
• Vodafone Automotive

Connected Motorcycle Market Insights

Lucintel forecasts that embedded will remain the largest segment over the forecast period due to independence from external devices.

Within this market, commercial will remain the largest segment due to integrated motorcycles enhancing maintenance awareness.

Europe will remain the largest region over the forecast period due to presence of key market players.

Features of the Global Connected Motorcycle Market

Market Size Estimates: Connected motorcycle market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Connected motorcycle market size by various segments, such as by hardware, service, network, end-use, and region in terms of value ($B).

Regional Analysis: Connected motorcycle market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different hardware, service, network, end-use, and regions for the connected motorcycle market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the connected motorcycle market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the connected motorcycle market size?

Answer: The global connected motorcycle market is expected to reach an estimated $0.33 billion by 2030.

Q2. What is the growth forecast for connected motorcycle market?

Answer: The global connected motorcycle market is expected to grow with a CAGR of 32.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the connected motorcycle market?

Answer:The major drivers for this market are increasing integration of safety and security functionalities in motorcycles and growing inclination for high-end motorbikes, rising need for enhanced capabilities, and instantaneous diagnoses.

Q4. What are the major segments for connected motorcycle market?

Answer: The future of the connected motorcycle market looks promising with opportunities in the commercial and private markets.

Q5. Who are the key connected motorcycle market companies?

Answer: Some of the key connected motorcycle companies are as follows.

• BMW
• Triumph Motorcycles
• Robert Bosch
• Panasonic
• Vodafone Automotive

Q6. Which connected motorcycle market segment will be the largest in future?

Answer: Lucintel forecasts that embedded will remain the largest segment over the forecast period due to independence from external devices.

Q7. In connected motorcycle market, which region is expected to be the largest in next 5 years?

Answer: Europe will remain the largest region over the forecast period due to presence of key market players.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the connected motorcycle market by hardware (embedded and tethered), service (driver assistance, infotainment, safety, vehicle management & telematics, and insurance), network (cellular V2X and dedicated short range communication), end-use (commercial, private, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?