Absolute Markets Insights added recently released new research report on Connected Motorcycle Market 2022 by Top Manufacturers, Regions, Type and Application, Forecast provides updates and information related to industry coverage, current market competitive status, and market outlook. Connected Motorcycle market report is a particular investigation of the business which clarifies what the market definition, arrangements, applications, commitment, and worldwide industry patterns are. This market research report serves to be an exceptionally huge segment of business system. Excellent practice models and method of research utilized while generating this industry report reveals the best opportunities to thrive in the market. With the market data of this report, emerging trends along with major drivers, challenges and opportunities in the market for Connected Motorcycle industry can be identified and analysed. Connected Motorcycle market report presents market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios.

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In terms of revenue, the U.S. connected motorcycle market was valued at US$ 9.72 Mn in 2018 and is expected to be worth US$ 204.45 Mn by 2027, growing at a CAGR of 40.4% over the forecast period. Some of the players operating in the U.S., Europe and Asia Pacific connected motorcycle market 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., and Zero Motorcycles amongst others

One of the greatest gifts of the industrial revolution was the mass production of automobiles. The transformation from carts to automobiles enabled businesses and individuals to save countless hours during commutation and transportation of goods. Furthermore, with the development of two-wheelers or motorcycles, consumers have been able to save on fuel and be provided with a convenient mode for shorter travels. The first internal combustion engine motorcycle was manufactured by Germany engineers, Gottlieb Daimler and Wilhelm Maybach, in 1885. Since then, motorcycles have become extremely popular in regions like India, Malaysia, Indonesia, etc.

Estimates show that around 58% of the total number of motorcycles are concentrated in the Asia Pacific region. Government regulations now promote the use of advanced safety measures in automobiles and motorcycles. In India, for instance, crash guards in motorcycles have been mandated by the Motor Vehicle Department, and the manufacturers have to ensure the same before selling the motorcycles to the customers. World War 2 caused a spike in the use of motorcycles within the military sector. Royal Enfield, for instance, manufactured thousands of motorcycles equipped with specialized military gear to help in easier maneuvers in tricky terrains in Europe.

U.S., Europe and Asia Pacific Connected Motorcycle Market:

By Hardware

  • Embedded
  • Customized

By Service

  • Driver Assistance
  • Infotainment
  • Safety
  • Vehicle management & telematics
  • Others

By End User

  • Private
  • Commercial

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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