Connected Motorcycle Market Analysis

Type (Roadster, Adventure, Tour, Sports, Heritage)

The global connected motorcycle market is segmented and analyzed for demand and supply by type into roadster, adventure, tour, sports, and heritage. Amongst these five types of segments, the roadster segment is anticipated to garner the largest revenue by the end of 2037. The growth of the segment can be attributed to the growing penetration of motorcycles among youngsters. Along with this, the worldwide surge in households with motorcycles is another major factor that is projected to drive market growth over the projected time frame. For instance, in the United States, the number of motorcycles in households was found nearly 12,000,000 in 2018.

Hardware (Embedded, Integrated, Tethered)

The global connected motorcycle market is also segmented and analyzed for demand and supply by hardware into embedded, integrated, and tethered. Amongst these three segments, the embedded segment is expected to garner a significant share. The embedded connection module consists of a GSM module, a GLONASS/GPS, an electronically controlled unit, and other useful sensors. The increased demand for embedded hardware from OEMs, owing to its lack of reliance on external components, is expected to substantially boost the market growth in the coming years. On the other hand, the tethered segment is also projected to witness a massive CAGR during the forecast period, owing to the rising concern for safety and security amongst users worldwide. Since the connected motorbike tethered safety products are incredibly precise and efficient, hence, this is estimated to accelerate the tethered segment growth in the coming years.

Our in-depth analysis of the global connected motorcycle market includes the following segments: