Revving Up: Forecasting the Connected Motorcycle Market's Growth and Dominance by 2029
The Connected Motorcycle Market is anticipated to reach US$ 1357.91 Bn by 2029 from US$ 57.73 Bn in 2021 at a CAGR of 48.4% during a forecast period.
Connected Motorcycle Market Overview
The global market intelligence firm Maximize Market research has published new Connected Motorcycle Market report that indicates the fruitful growth in the Connected Motorcycle Market in the forecast period by 2029. The Maximize Market Research have customers globally and has served in than more 34 countries and 600 clients since 2017. The report highlights the common subjects with unique data base which is analysed by industry experts.
A connected motorcycle is a technologically advanced motorcycle that enables clever and thoughtful two-wheeler movement. Motorcycles that are connected use a technology called the Internet of Things (IoT) (Iot). The Internet of Things (IoT) is a collection of web-connected devices that can collect and transmit data over a wireless network without the assistance of a human.
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Market Scope
The Connected Motorcycle Market report provides us and in-depth analysis of the key trends, dynamics and other issues. The key findings of the report comprises of the market sizing, its segmentation and competitive analysis of the industry. It covers the key insights of the market with a detailed regional, demand and competitor analysis. Key players and new entrants of the market are also analysed while researching to draw a competitive landscape. Several factors like revenue generated, production capacity, and products differentiation are taken into consideration while researching. Segment wise analysis of the industry is conducted to understand the behaviour and geographic changes of the industry.
SWOT analysis was conducted to provide the strengths, weakness, opportunities and upcoming threats over the market. Porter’s five forces analysis helps one drive deeper into the industry to tweak strategies according to market and current market scenario to increase profit margins and a step ahead of the competitors in the market. PESTLE was employed to understand the actual potential impact of the external factors affecting the Connected Motorcycle Market . Thus the report provides a detailed overview of the Connected Motorcycle Market .
Connected Motorcycle Market Segmentation
With more than 30.0 percent of global revenue in 2021, the infotainment service segment dominated the market. The various services that are offered include vehicle management and telematics, infotainment, safety, driving assistance, and insurance. The infotainment service includes features like audio controls, calls and texts, and turn-by-turn navigation.
With more than 70 percent of global sales in 2021, the embedded hardware segment dominated the market. Hardware is available in two categories: embedded and tethered. The integrated connection module consists of an electronic control unit, a GSM module, a GLONASS/GPS system, and other crucial sensors.
Key Players
• BMW AG
• Triumph motorcycles
• Robert Bosch Gmbh
• Panasonic Corporation
• Vodafone automotive spa
• Continental AG
• Kpit
• Autotalks
• TE connectivity
• Aeris
• Autotalks Ltd.
• Hero Motocorp ltd
• Kawasaki heavy industries, ltd.
• KTM AG (Pierer mobility AG)
• Yamaha motor co., Ltd
• Zero motorcycles, Inc.
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Regional Analysis
The study of the market by segmenting it into specific regions provides the main objective market and evaluates the strategies for growth used by keys competitors in the specific regions. It provides identification of regional market trends, restrictions and development areas and new opportunities of the market. The report assists in planning and implementing the new strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Connected Motorcycle Market Report are:
- What is Connected Motorcycle Market ?
- What is the forecast period of the Connected Motorcycle Market ?
- What is the competitive scenario of the Connected Motorcycle Market ?
- Which region held the largest market share in the Connected Motorcycle Market ?
- What are the opportunities for the Connected Motorcycle Market ?
- What factors are affecting the Connected Motorcycle Market growth?
- Who are the key players of the Connected Motorcycle Market ?
- Which company held the largest share in the Connected Motorcycle Market ?
- What will be the CAGR of the Connected Motorcycle Market during the forecast period?
- What key trends are likely to emerge in the Connected Motorcycle Market in the coming years?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key
- trends
- Market Segmentation: A detailed analysis by Connected Motorcycle Market
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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