Motorcycle Electronics Market Size, Share, Growth, Report, Forecast, Analysis, Segmentation, Key Players, Overview | Valuates Reports

Motorcycle Electronics Market

The 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.

Due to the COVID-19 pandemic, the global Motorcycle Electronics market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period.

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Fully considering the economic change by this health crisis, Lighting accounting for % of the Motorcycle Electronics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.
While OEM segment is altered to an % CAGR throughout this forecast period.

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.

In terms of production side, this report researches the Motorcycle Electronics capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Motorcycle Electronics by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Motorcycle Electronics market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Motorcycle Electronics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
• Lighting
• Bluetooth Accessories
• Motorcycle Grip Heater
• Lap Timer
• Switches & Knobs
• Display
• Others

Segment by Application
• OEM
• Aftermarket

BY COMPANY
• Denso
• Delphi
• ZF Friedrichshafen
• Bosch
• Dunlop System and Component
• Pricol
• KOSKO
• Mitsubishi
• Holley Performance Products
• Wings Automobile Products
• Suitai Electronics

Consumption by Region
• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-26O9518/global-motorcycle-electronics

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This release was published on openPR.