Connected Motorcycle Market Growth, Business Experts, Industry Trends and Forecast By 2030
Connected Motorcycle Market
Connected Motorcycle Market
Global Connected Motorcycle Market Will Reach A CAGR Of Over 48% During The Forecast Period
Global demand for the Connected Motorcycle market was valued over USD 39 Million in 2019 and is expected to reach a CAGR of 48.5% between 2019 and 2028”
— Prakash Torase
SUITE N202, NEW YORK, UNITED STATES, December 7, 2022 /EINPresswire.com/ — Zion Market Research has published a new report titled “Global Connected Motorcycle Market – By Service (Driver Assistance, Safety, Vehicle Management & Telematics, Infotainment, and Insurance), By Network Type (Cellular V2X and Dedicated Short Range Communication), By Communication Type (V2V and V2I), By Hardware (Embedded and Tethered), By Calling Service (eCall, bCall, and iCall), By End-User (Private and Commercial), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2028.” According to the report, global demand for the Connected Motorcycle market was valued over USD 39 Million in 2019 and is expected to reach a CAGR of 48.5% between 2019 and 2028.
The connected motorcycle is the latest technology integrated into motorcycles to offer intelligent and smart two-wheeler mobility. The rider can monitor various key areas of the motorcycle such as bike status and alerts, battery charging, system upgrades, and updates, and ride data. Furthermore, the increasing customer demand for driver assistance and safety features for a safe and comfortable riding experience is expected to drive the market demand. Connected motorcycles have technologically advanced systems such as GPS, safety, and security system that predominantly read the road and offers alerts to the bike rider for road curves, obstacles, traffic, or potholes.
Request Free Sample Request @ https://www.zionmarketresearch.com/sample/connected-motorcycle-market
Global Connected Motorcycle Market
Embedded hardware is expected to hold the majority of the shares of the global Connected Motorcycle market
Embedded hardware category is expected to dominate the global Connected Motorcycle market during the forecast period owing to its increasing demand among the automotive companies and intensifying use due to its non-dependency on external devices. The integration of cloud technologies to connect with other vehicles and road infrastructures in embedded hardware is likely to help it dominate the global Connected Motorcycle market. Additionally, the reliability of embedded hardware is more owing to its cellular features. The increasing dependency on connectivity systems like onboard GPS unit and other fast communication systems for real-time safety escalates the demand for embedded hardware.
Driver assistance dominates the global Connected Motorcycle market
The driver assistance category is anticipated to dominate the global Connected Motorcycle market owing to the increasing demand for warn and alert systems to caution riders about possible accidents or adjust speed by lowering travel time. In addition, the requirement for standardization of traffic flow in urban regions and lowering fatal accidents is anticipated to surge the growth of the driver assistance services in motorcycles.
Request For Brochure @ https://www.zionmarketresearch.com/requestbrochure/connected-motorcycle-market
Cellular V2X will dominate the global Connected Motorcycle market during the forecast period
Cellular V2X network helps boost connectivity between vehicles and roadside infrastructure. The Cellular V2X provides direct device-to-device communication and supports operation in regions with poor network connectivity even in higher vehicle speeds and this is probably the reason behind its increasing integration in vehicles. In addition, the increasing availability of 5G and the mass commercialization of connected motorcycles would foster the growth of the global Connected Motorcycle market.
Asia Pacific is projected to be the fastest-growing in the global Connected Motorcycle market
Increasing popularity of connected motorcycles in regions such as China, Philippines, India, Indonesia, and Vietnam help bolster the Connected Motorcycle market in the Asia Pacific region. The rising developments in OEMS in regions like Japan will also aid the Connected Motorcycle market to expand.
Key Market Players
Some of the key players in the global Connected Motorcycle market are Continental AG, Panasonic Corporation, TE Connectivity, BMW Motorrad, Robert Bosch GmbH, Starcom Systems, Autotalk, Vodafone, KPIT, and among others.
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/connected-motorcycle-market
The report on the global Connected Motorcycle market is segmented into:
Global Connected Motorcycle Market: By Service Segmentation Analysis
Driver Assistance
Infotainment
Safety
Vehicle Management & Telematics
Insurance
Global Connected Motorcycle Market: By Hardware Segmentation Analysis
Embedded
Tethered
Global Connected Motorcycle Market: By Network Type Segmentation Analysis
Cellular V2X
Dedicated Short Range Communication
Global Connected Motorcycle Market: By Communication Type Segmentation Analysis
V2V
V2I
Global Connected Motorcycle Market: By End-User Segmentation Analysis
Private
Commercial
Global Connected Motorcycle Market: By Calling Service Segmentation Analysis
eCall
bCall
iCall
Global Connected Motorcycle Market: By Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Related Press Release @ https://www.zionmarketresearch.com/news/connected-motorcycle-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Read our other Trending Report:
Automotive Brake Caliper Market-https://www.zionmarketresearch.com/report/automotive-brake-caliper-market
Mobility as a Service Market-https://www.zionmarketresearch.com/report/mobility-as-a-service-market
Automotive Wiring Harness Market-https://www.zionmarketresearch.com/report/automotive-wiring-harness-market
Automotive Upholstery Market-https://www.zionmarketresearch.com/report/global-automotive-upholstery-market
Ride Sharing Market-https://www.zionmarketresearch.com/report/ride-sharing-market
Automotive Engine Encapsulation Market-https://www.zionmarketresearch.com/report/automotive-engine-encapsulation-market
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: [email protected]
Website: https://www.zionmarketresearch.com
Prakash Torase
zion market research
+ + +1 855-465-4651
[email protected]
