The Role of Connected Motorcycles Market Applications (Private,Commercial) and Market Types (Cellular V2X,Dedicated Short Range Communication) Forecasted for the Year (2024 - 2031)

The global market overview of the "Connected Motorcycles Market" provides a unique perspective on the key trends influencing the industry worldwide and in major markets. Compiled by our most experienced analysts, these global industrial reports offer insights into critical industry performance trends, demand drivers, trade dynamics, leading companies, and future trends. The Connected Motorcycles market is projected to experience an annual growth rate of 11.8% from 2024 to 2031.

Connected Motorcycles and its Market Introduction

Connected Motorcycles are vehicles equipped with internet connectivity and advanced sensors, enabling real-time data exchange between the motorcycle and external systems. Their primary purpose is to enhance the riding experience through features such as navigation, diagnostics, and safety alerts.

The advantages of Connected Motorcycles include improved safety through collision detection and emergency assistance, enhanced navigation services, better vehicle maintenance through real-time diagnostics, and integration with smart devices for seamless connectivity. Additionally, these motorcycles can provide personalized riding experiences through performance analytics and route optimization.

The Connected Motorcycles Market is poised for significant growth, expected to expand at a CAGR of % during the forecasted period. Increased consumer demand for advanced technology and safety features, along with the rising adoption of IoT devices, will drive market expansion, ultimately transforming the motorcycle riding landscape and creating new opportunities for manufacturers and service providers.

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Connected Motorcycles Market Segmentation

The Connected Motorcycles Market Analysis by Types is Segmented into:

• Cellular V2X
• Dedicated Short Range Communication

Connected motorcycles utilize two primary communication types: Cellular Vehicle-to-Everything (C-V2X) and Dedicated Short Range Communication (DSRC). C-V2X enhances safety by enabling motorcycles to communicate with other vehicles and infrastructure via cellular networks, providing real-time traffic updates and hazard alerts. On the other hand, DSRC facilitates low-latency communication over short distances, ideal for critical safety applications. Both technologies are instrumental in advancing autonomous driving features and increasing rider awareness, thereby driving demand in the connected motorcycles market through improved safety and enhanced riding experiences.

The Connected Motorcycles Market Industry Research by Application is Segmented into:

• Private
• Commercial

Connected motorcycles are revolutionizing both private and commercial sectors. In private applications, they enhance safety and convenience through features like navigation, real-time diagnostics, and theft alerts. In commercial use, fleets benefit from tracking, maintenance alerts, and enhanced route planning, improving efficiency and reducing costs.

Connected motorcycles utilize IoT technology for data collection, vehicle performance monitoring, and communication with other devices. Revenue growth is particularly strong in the commercial segment, especially for fleet management solutions, driven by increasing demand for efficiency and safety within logistics and delivery services. This trend is reshaping the motorcycle industry as connectivity becomes integral.

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Connected Motorcycles Market Trends

The Connected Motorcycles market is evolving rapidly, driven by several cutting-edge trends:

- **Smart Connectivity**: Integration of IoT and smartphones for navigation, safety, and convenience, allowing real-time updates and remote diagnostics.

- **Advanced Safety Features**: Adoption of technologies like automatic braking systems and collision detection, enhancing rider safety and reducing accidents.

- **Sustainability**: Rising consumer preference for eco-friendly options, including electric and hybrid motorcycles, prompted manufacturers to innovate around greener technologies.

- **Personalization**: Customization options driven by data analytics, allowing riders to tweak performance and aesthetics, catering to individual preferences.

- **Data Monetization**: Leveraging big data for predictive maintenance and targeted marketing, creating value-added services for businesses and consumers.

The Connected Motorcycles market is anticipated to grow significantly as these trends reshape consumer behavior and industry standards, fostering safer, more efficient, and personalized riding experiences.

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Geographical Spread and Market Dynamics of the Connected Motorcycles Market

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Connected Motorcycles market is rapidly evolving, driven by increasing consumer demand for enhanced safety, navigation, and entertainment features. In North America, particularly the . and Canada, the adoption of IoT and telematics is propelling market growth, fueled by urbanization and a rising interest in recreational riding. Europe's key players like BMW Motorrad and Continental AG focus on advanced connectivity and safety technologies, while in Asia-Pacific, countries like China and India see a surge in smart mobility initiatives.

Market opportunities arise from advancements in 5G technology, smart city integration, and growing environmental awareness, propelling electric and hybrid motorcycles. Major participants, including Panasonic Corporation and Vodafone, are innovating in connectivity solutions. In summary, the combination of technological advances, regional preferences, and safety regulations creates a vibrant landscape for growth in the Connected Motorcycles market across diverse global regions.

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Growth Prospects and Market Forecast for the Connected Motorcycles Market

The Connected Motorcycles Market is anticipated to exhibit a robust Compound Annual Growth Rate (CAGR) of approximately 20% during the forecast period. This growth is driven by several innovative factors, including advancements in IoT technology, enhanced connectivity features, and a growing emphasis on rider safety and convenience. The increasing integration of smart helmets, GPS navigation, and mobile apps is transforming the riding experience, thereby attracting a tech-savvy consumer base.

Innovative deployment strategies such as partnerships between motorcycle manufacturers and tech companies can significantly enhance the development of connected technologies. For instance, collaborations to incorporate AI-driven analytics for predictive maintenance and performance optimization are essential. Additionally, the expansion of 5G networks will enable real-time data sharing, improving traffic management and emergency response systems.

Trends like the rising popularity of electric motorcycles and eco-friendly transportation solutions further amplify growth prospects. Adopting augmented reality (AR) for navigation and entertainment during rides also presents an exciting frontier. By focusing on enhancing user experience and safety through technological innovations, the Connected Motorcycles Market is positioned for exponential growth in the coming years.

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Connected Motorcycles Market Competitive Landscape

• Panasonic Corporation
• Robert Bosch GmbH
• BMW Motorrad
• Starcom Systems
• Vodafone
• Autotalks
• Continental AG
• KPIT

The connected motorcycles market is rapidly evolving, with several key players adopting innovative strategies to capture market share.

**Panasonic Corporation** plays a crucial role by integrating advanced battery technologies and IoT solutions into motorcycles, enhancing both performance and connectivity. Their focus on developing smart mobility solutions aligns with the growing demand for electric and connected vehicles.

**Robert Bosch GmbH** has established itself as a leader in automotive technologies, including connected motorcycles. Bosch is investing heavily in safety systems and rider assistance technologies, fostering market acceptance and paving the way for future innovations, such as automated riding features.

**BMW Motorrad** has been at the forefront of connected motorcycle technology, with its ConnectedRide software that enhances user experience through real-time data sharing and navigation support. Their historical focus on performance and luxury positions them well in the premium sector.

**Starcom Systems** is innovating through its telematics solutions, providing real-time monitoring and security for motorcycles. Their focus on the safety aspect of connected motorcycles has garnered attention from consumers seeking enhanced security measures.

**Vodafone** is employing its expertise in telecommunications to offer connectivity solutions that keep riders connected, improving their riding experience and contributing to a safer environment.

**Autotalks** specializes in vehicle-to-everything (V2X) communication, which is crucial for the development of smart cities, while **Continental AG** is enhancing motorcycle safety and efficiency through its intelligent tire and braking systems.

**KPIT** focuses on software solutions for automotive applications, supporting manufacturers in their transition toward connected and electric motorcycles.

Sales Revenue:

- Panasonic Corporation: $70 billion (FY 2023)

- Robert Bosch GmbH: $92 billion (FY 2022)

- BMW Motorrad: € billion (FY 2022)

- Vodafone: £44 billion (FY 2023)

- Continental AG: €39 billion (FY 2022)

- KPIT: $200 million (FY 2023)

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