Press release
Motorcycle Electronics Market Structure to Broaden between 2017-2025
Motorcycle Electronics Market: IntroductionThe motorcycle market has evolved significantly from complete mechanical systems in the past to electronics systems in the present. Efficiency of a motorcycle greatly depends on power to weight ratio, advanced electronics in the motorcycle has not only enabled new features and characteristics, but has also helped to significantly reduce weight of the vehicle. Technological advancements such as antilock braking system (ABS), i3s technology, Blue core technology, Self-balancing technology are example for the same. A motorcycle has various electronics parts such as Engine control unit (ECU), GPS system, Immobilizer system, semi-active suspension system, hybrid system, sequential gear technology, etc.
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Motorcycle Electronics Market: Dynamics
Existing government norms and continual focus on vehicle and rider safety has brought a lot of investment in the motorcycle electronics market for developing new technologies. Furthermore, technologies such as engine management systems, exhaust gas recirculation (EGR) helps in monitoring and reduction of emissions from a motorcycle hence triggering the global motorcycle electronics market.
Furthermore, increasing the demand of luxury and ultra-luxury motorcycles, which are well equipped with advanced technologies are expected to drive the growth of global motorcycle electronics market. Moreover, electronic devices required less maintenance and fault can be detect easily by standard diagnostic tools making them a robust and durable choice.
Furthermore, better handling and passenger safety are the factor which hike the Global Motorcycle Electronics Market in forecast period. Manufacturer in the market are focusing on implementing future motorcycles with new technology such as Electronic Cruise Control (ECC), and Internet of Thing (IOT), Motorcycle Airbag Jackets, Immobilizer System.
Motorcycle Electronics Market: Segmentation
types of motorcycles:
Cruiser
Sport bike
Dual sport bike
Adventure Tourer
Scooter
Application type:
Lighting
Headlight
Flasher
Bluetooth accessories
Chatterbox
Interphone
Speaker
Camera
Helmet Audio System
Motorcycle Grip heater
Lap Timer
Switches & Knobs
Display
Digital Display
Analog Display
Sales channel:
Original Equipment Market (OEM)
Aftermarket
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Motorcycle Electronics Market: Regional Outlook
Asia Pacific is a major market for motorcycles, thus the region is anticipated to hold a lion share in the market thus, dominating the global motorcycle electronics market owning to high demand of motorcycle from countries such as India and China. China is expected to emerge as technology leader in the global market and will be a major exporter of cheap electronic products.
Middle East and Africa region is also anticipated to have a strong foot hold in the global market. Further, with respect to North America and Europe, high demand for premium motorcycle from countries such as Germany, France and the U.S. is expected to fuel growth of the global motorcycle electronics market. Market in the Latin America is anticipated to maintain a slow growth owing to low consumer spending
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Motorcycle Electronics Market: Key Players
There are some key Participants of the global Motorcycle Electronics Market:
Pricol Limited
KOSKO
Mitsubishi Electric corporation
Delphi Automotive LLP.
Dunlop System and Component Ltd.
ZF Friedrichshafen AG
Bosch Limited
Holley Performance Products
Wings Automobile Products Pvt., ltd.
Suitai Electronics Ltd.
Denso
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