Connected Motorcycle Market Analysis, Overview and Insights during the Forecast Period 2022-2028

 

Connected Motorcycle Market

A Connected Motorcycle is a vehicle that combines technology with two wheels for smart and intelligent mobility. The Internet of Things is the technology behind Connected Motorcycles (Iot). The Internet of Things (IoT) is a collection of web-enabled devices that can collect and send data over a wireless network without the assistance of a human. Big data and IoT can be used in conjunction with Connected Motorcycles to provide real-time warnings that reduce road danger. Four key areas of the motorcycle are covered by the Connected Motorcycle: charging, ride data sharing, bike status & alerts, and system updates & upgrades.

Strong network connectivity is one of the key elements of the Connected Motorcycle. The network is connected using cellular Vehicle-to-everything (V2X) technology. The foundation for vehicle-to-vehicle and vehicle-to-everything (C-V2X) communication, which offers 360-degree, beyond-line-of-sight awareness and a higher level of estimation for improved road safety and autonomous driving, is cellular technology. The Connected Motorcycle can reduce traffic collisions. Motorcycle Approach Indication (MAI), Motorcycle Approach Warning (MAW), Left Turn Assist (LTA), Emergency Electronic Brake Light (EEBL), and Traffic Jam Warning are the main applications of the Connected Motorcycle (TJW).

Asia Pacific is anticipated to experience the fastest growth among all regions during the forecast period. The Connected Motorcycles Market in nations like China, India, and Indonesia, among others, will be driven by the growing development of Connected Motorcycles by Japanese automakers like Honda, Yamaha, Suzuki, and Kawasaki. For instance, Yamaha introduced its TMAX SX and TMAX DX scooters in 2017 with a Vodafone-delivered connectivity service area. The use of a smartphone application enables the riders to assess vehicle performance.

Services types of Connected Motorcycle Market-

·        Driver assistance

·        Infotainment

·        Safety

·        Vehicle management & telematics

·        Insurance

·        Calling

More opportunities will be presented for this market as a result of the impending safety regulations for motorcycles in many nations around the world. Connected Motorcycles will give OEMs and service providers new opportunities for transferring data to improve customer services. Value-added services like usage-based insurance, infotainment, and vehicle safety are available to Connected Motorcycle buyers. The transition to Connected Motorcycles will proceed more quickly as electric 2-wheelers become more popular.

Panasonic Corporation, Robert Bosch GmbH, BMW Motorrad, Starcom Systems, Vodafone, Autotalks, Continental AG, KPIT, and TE Connectivity are major players in the global Connected Motorcycle market.

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