openPR Logo
Press release

Connected Motorcycle Market is projected to reach $304.1 million by 2027

05-04-2021 10:40 AM CET | Logistics & Transport

Press release from: Allied Market Research

Connected Motorcycle Market

Connected Motorcycle Market

According to a recent report published by Allied Market Research, titled, “Connected Motorcycle Market by Connectivity Network, Connectivity Solution, Calling Service, Services, and Type: Opportunity Analysis and Industry Forecast, 2020–2027,” the global connected motorcycle market size was valued at $35.6 million in 2019, and is projected to reach $304.1 million by 2027, registering a CAGR of 39.6% from 2020 to 2027.

Browse Full Report with TOC @

https://www.alliedmarketresearch.com/connected-motorcycle-market-A06422

By region, Europe dominated the market, followed by North America, Asia-Pacific, and LAMEA in 2019. Germany dominated the Europe connected motorcycle market share in 2019, and Africa is anticipated to exhibit a remarkable growth during the forecast period.

Cellular connectivity in connected motorcycles offer various advantages and is the most effective way to ensure a reliable connectivity, low latency, and security. In addition, in coming days, 5G cellular technology is anticipated to become an integral part of connectivity and interoperability required for efficient function of these cellular networks. Moreover, technology companies are joining connected motorcycle consortium, collaboration between manufacturers, suppliers, and others, working together with a focus of making motorcycle a part of the future connected mobility. For instance, on April 26, 2018, Autotalks, a semiconductor company focused on development of vehicle-to-everything (V2X) communications, joined Connected Motorcycle Consortium. In addition, Autotalks launched 5.9 GHz band DSRC-based V2M solution in 2017, based on second-generation V2X chipset that allows motorcyclists to receive alert on road situations to avoid accidents.

Interested to Procure The Data? Inquire here at -

https://www.alliedmarketresearch.com/purchase-enquiry/6787

Emergency call is a feature in connected motorcycle, which increases road safety for two-wheeler riders. The vehicle connectivity system in the motorcycle reports detected accidents and its location to emergency call centers automatically, which immediately informs emergency services. In addition, various producers of connected motorcycles provide emergency call feature in their vehicles, which enhances safety of riders while driving, and is anticipated to propel the market for the emergency call segment. For instance, in Germany, around 80% customers of BMW Motorrad go for motorcycles with eCall system while purchasing.

Breakdown call system can be defined as a service, which allows drivers to call and contact local road assistance in case of a vehicle breakdown. In addition, diagnostics data of motorcycles is sent to breakdown services so that all necessary information is received in advance, which enables roadside assistance mechanics team to prepare for the call-out. In addition, automobile manufactures operating in the connected motorcycle market are introducing new range of connectivity solutions, which, in turn, is anticipated to propel the market for the breakdown call segment. For instance, on June 22, 2020, Bosch, an automobile company introduced Help Connect, a smartphone-based emergency call solution for motorcycles, which allows breakdown call.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at -

https://www.alliedmarketresearch.com/connect-to-analyst/6787

Automotive technology companies are introducing new range of connectivity technologies for connected motorcycles, which, in turn, is anticipated to propel the market in North America. For instance, in January 2019, Panasonic Automotive announced collaboration with Harley-Davidson for development of connected motorcycles by Harley-Davidson, named LiveWire. In addition, Panasonics’s connectivity platforms are used in this model, which makes Harley-Davidson first mass manufacturer of cellular-connected electric motorcycles. Moreover, on January 8, 2020, Damon, a motorcycle manufacture in Canada claims to have developed the world’s safest, smartest, and powerful electric motorbike with Damon’s 'CoPilot' tech, which is advanced warning system developed by BlackBerry QNX technology.

Growth in trend of connectivity solutions in vehicles propel growth of the connected motorcycle market. In addition, increase in safety features provided by connected motorcycles also fuel growth of the connected motorcycle market. However, threat of data hacking and lack of seamless and uniform connectivity infrastructure hinder the market growth. Conversely, incorporation of 5G connectivity to power connected mobility is anticipated to provide remunerative opportunities to key players for the market expansion. 

Request for Customization of this report at

https://www.alliedmarketresearch.com/request-for-customization/6787

COVID-19 impact analysis:

Automobile manufacturers with extensive supply chains are experiencing shortage of critical components and should consider working on alternate sourcing strategies. In addition, Tier-2 and Tier-3 suppliers are operating in automotive supply chain experience, owing to sever disruption in operations due to decrease in demand for automobiles.

Key Findings Of The Study

On the basis of connectivity network, the dedicated short-range communication segment is anticipated to exhibit a remarkable growth during the forecast period.
On the basis of connectivity solution, the integrated segment is the highest contributor to the global market, in terms of revenue.
On the basis of region, LAMEA is the fastest growing region, followed by Asia-Pacific, North America, and Europe.
The key players analyzed in this report are Aeris, Autotalks Ltd., BMW AG, Hero MotoCorp Ltd., Kawasaki Heavy Industries, Ltd., KTM AG (PIERER Mobility AG), Robert Bosch GmbH, Triumph Motorcycles, Yamaha Motor Co., Ltd., Zero Motorcycles, Inc., and others.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Connected Motorcycle Market is projected to reach $304.1 million by 2027 here

News-ID: 2279392 • Views: 162

More Releases from Allied Market Research

COVID-19 Impact Analysis of Smart Irrigation Market Report 2030 | Rain Bird Corp …
Latest Published Report by Allied Market Research Titled,”Smart Irrigation Market by Components (Sensors, Flow Meter, and Smart Detection System/Network Elements), Irrigation Controller (Weather-Based Controllers and Sensor-Based Controllers), and Application (Greenhouse, Open Field, Residential, Golf Courses, Turf & Landscape, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027”. The report offers an extensive smart irrigation market analysis focusing on key growth drivers, key market players, stakeholders, and forecast of revenue based
Optical Sensing Market Segmentation Application, Technology & Market Analysis Re …
Latest Published Report by Allied Market Research Titled,”Optical Sensing Market by Type (Intrinsic and Extrinsic), Industry Vertical (Aerospace & Defense, Oil & Gas, Healthcare, Construction, Consumer Electronics, and Others), and Application (Partial Discharge Detection, Biochemical Sensing, Biometric & Ambience Sensing, and Others) - Global Opportunity Analysis and Industry Forecast, 2021-2028”. The report offers an extensive optical sensing market analysis focusing on key growth drivers, key market players, stakeholders, and forecast of
Smart Ticketing Market Expectation Surges With Rising Demand and Changing Trends …
Latest Published Report by Allied Market Research Titled,”Smart Ticketing Market by System (Smart Card, Open Payment System, and Near-Field Communication), Component (Software and Hardware), Product Type (Ticket Machine, E-Ticket, E-Kiosk and Request Tracker), and Application (Sports & Entertainment & Transportation) - Global Opportunity Analysis and Industry Forecast, 2020-2027”. The report offers an extensive smart ticketing market analysis focusing on key growth drivers, key market players, stakeholders, and forecast of revenue based
Insights and Prediction of Wireless Gas Detection Market (2020-2027) | RAE Syste …
Latest Published Report by Allied Market Research Titled,”Wireless Gas Detection Market by Component (Hardware, Software, and Services), Technology (Wireless Networking (WiFi), Bluetooth, Cellular, License-Free ISM Band, and Others), End User Industry (Oil & Gas, Power, Chemical, Mining & Metals, and Others), and Application (Industrial Safety, National Security & Military Applications, and Environmental Safety) - Global Opportunity Analysis and Industry Forecast, 2020-2027”. The report offers an extensive wireless gas detection market analysis

All 5 Releases


More Releases for Motor

Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status
Sports Utility Vehicle Market to 2025 – Suzuki Motor, PSA Group, FCA Group, Ho …
Sports utility Vehicles Market are the vehicles which appear as a station wagon designed for the off roads travelling which not only used for commercial purpose but for family purpose also providing high functionality with comfort and luxury and above built with enormous space too. One of the major driver for the growth of Sports Utility Vehicles market is the continual improvement in styling, comfort, outer body and systems in
Axial Piston Motor Market
Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/2100 An axial piston motor is a positive displacement motor that has a number of pistons in a circular array within a cylinder block. Axial piston motor works with a bent axis design or swash plate principle and is available in both variable and fixed displacement designs. The constant displacement type works as a hydraulic motor and the variable displacement type works as a hydraulic pump. Growing the
Global Luxury Van Market: Honda Motor, Hyundai Motor, Toyota Motor, Ford Motor, …
Qyresearchreports include new market research report Global Luxury Van Market Professional Survey Report 2018 to its huge collection of research reports. This report studies Luxury Van in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. This report focuses on top manufacturers in global market, with production, price, revenue and
Enerdoor's Motor Protection Range
Enerdoor has developed a Motor Protection Series to protect motors from harmful overvoltage and dV/dt spikes generated on the output. This is particular useful for applications with variable frequency drives and servo-motors. This series includes common mode and differential mode inductances, sine wave filters and snubbers designed to work with various frequency switches, output frequencies and applications. The sin wave filter series reduces the pulse wave modulation (PWM) effect, converts the PWM
Automobile Market 2017 - Daimler, BMW Group, Honda Motor, Ford Motor, Nissan Mot …
Apex Research, recently published a detailed market research study focused on the "Automobile Market" across the global, regional and country level. The report provides 360° analysis of "Automobile Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Automobile industry, and estimates the future trend of Automobile market on the basis of