Motorcycle Bluetooth Connectivity Market Size & Competitive Landscape (2023-2032)

The automotive industry is witnessing significant technological advancements in manufacturing processes, design, electronics, etc., across the globe. Bluetooth connected motorcycle is a relatively new technology incorporated in motorcycles to provide smart and intelligent two-wheeler mobility. Connected motorcycles are equipped with IoT devices enabling seamless data sharing. Bluetooth connected motorcycles will allow the rider to monitor four major areas of the bike: ride data sharing, charging, bike status & alerts, and system upgrades & updates. Additionally, vehicle telematics has opened new growth opportunities for third-party service providers and OEMs.

𝐆𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 & 𝐓𝐎𝐂 : https://www.alliedmarketresearch.com/request-toc-and-sample/A12261

The on-board sensors store necessary motorcycle information such as parking locations, trip information, riding mode, and speed, among others. The manufacturers can analyze this data and profile end-users according to their driving history. This data may be useful for manufacturers for the warranty claim process. Moreover, manufacturers can notify the consumer about the latest service maintenance to avoid costly repairs. 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.

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬

The COVID-19 outbreak is resulting in economy uncertainty and reduced consumer demands, thus hindering the sales of new vehicles and maintenance of non-essential vehicles. In addition, the automobile manufacturers with extensive supply chains are experiencing shortage of critical components and should consider working on alternate sourcing strategies. In addition, The Tier-2 and Tier-3 supplier that are operating in the automotive supply chain experience a disruption in the operation due to decrease in demand for automobiles. Unavailability of workforce due to government imposed lockdown and halt of manufacturing operations at automotive manufacturing facilities has severely impacted the motorcycle Bluetooth connectivity market.

𝐓𝐨𝐩 𝐈𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬

Innovations in the automobile Industry, rise in the interest for off road biking & long distance bike riding, and rising demand for infotainment & navigation are driving the growth of the market.

Increased demand for the electronic bikes, and high cost of Bluetooth connected motorcycle is expected to hamper the growth of the market.

Rising adoption of technologically advance motorcycle, and rising per capita income can be seen as an opportunity for the market investments.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/motorcycle-bluetooth-connectivity-market/purchase-options

𝐓𝐡𝐞 𝐦𝐨𝐭𝐨𝐫𝐜𝐲𝐜𝐥𝐞 𝐁𝐥𝐮𝐞𝐭𝐨𝐨𝐭𝐡 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐫𝐞𝐧𝐝𝐬 𝐚𝐫𝐞 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:

𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐚𝐮𝐭𝐨𝐦𝐨𝐛𝐢𝐥𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

The automobile industry is being adaptive to various new and innovative technologies, like IoT, and driver safety features trends in the same. For Instance, in April 2021, Minda Corporation Limited partnered with Ride Vision to use Artificial Intelligence enabled Collision Avoidance Systems to be implemented in the Indian motorcycle market. Also, in March 2019, Suzuki has revealed that they are working on advanced rider assistance system which will be connected to rider mobile Bluetooth. Hence, the rise in the demand for driver assistance and safety concerning features for a safe and comfortable ride, is one of the major the factor responsible for driving the growth of the market for Bluetooth connected motorcycles during the forecast period.

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐟𝐨𝐫 𝐨𝐟𝐟 𝐫𝐨𝐚𝐝 𝐛𝐢𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐥𝐨𝐧𝐠 𝐝𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐛𝐢𝐤𝐞 𝐫𝐢𝐝𝐢𝐧𝐠

The trend for bike riding and treks is seen to be increasing amongst the young generations across the globe. For long distance bike riding bikers prefer Bluetooth connected motorcycle because of the connected navigation and infotainment system. This, in turn, gives rise to more players in the market, and growing marketing strategies from the manufacturers for invoking more sales. Therefore, such an upsurge in the likings for the motorcycles could be one of the major factors that could help to propel the market growth for the Bluetooth connected motorcycles over the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/A12261

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐞𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐛𝐢𝐤𝐞𝐬

Electric bikes are becoming a new trend, on the other side, and driving the market due to their new concepts and environment-friendly technologies. Hence, these have become one of the new states of the art in the field of technology. This invention and rise in the adoption of e-bikes could be one of the major factors that could hamper the market for motorcycle Bluetooth connectivity market across the globe, during the forecast period.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 :

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