Motorcycle Electronics Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


#10851

Persistence Market Research

$ 4900

Motorcycle Electronics Market: Overview

The motorcycle market has evolved significantly from complete mechanical systems in the past to electronics systems in the present. Efficiency of a motorcycle greatly depends on power to weight ratio, advanced electronics in the motorcycle has not only enabled new features and characteristics, but has also helped to significantly reduce weight of the vehicle. Technological advancements such as antilock braking system (ABS), i3s technology, Blue core technology, Self-balancing technology are example for the same.  A motorcycle has various electronics parts such as Engine control unit (ECU), GPS system, Immobilizer system, semi-active suspension system, hybrid system, sequential gear technology, etc. Electronics is now a days integrated in various systems of a motorcycle such as engine management, driver safety, motorcycle tracking, lighting system, fuel injection systems, ignition systems, safety of motorcycle, connecting with other motorcycles through intercoms, telematics related to motorcycle, action cameras etc. Motorcycle electronics market has witnessed significant investment from various OEMs due to leverage existing growth opportunities in the market.

Motorcycle Electronics Market: Dynamics

Existing government norms and continual focus on vehicle and rider safety has brought a lot of investment in the motorcycle electronics market for developing new technologies. Furthermore, technologies such as engine management systems, exhaust gas recirculation (EGR) helps in monitoring and reduction of emissions from a motorcycle hence triggering the global motorcycle electronics market. Furthermore, increasing the demand of luxury and ultra-luxury motorcycles, which are well equipped with advanced technologies are expected to drive the growth of global motorcycle electronics market. Moreover, electronic devices required less maintenance and fault can be detect easily by standard diagnostic tools making them a robust and durable choice. Furthermore, better handling and passenger safety are the factor which hike the Global Motorcycle Electronics Market in forecast period. Manufacturer in the market are focusing on implementing future motorcycles with new technology such as Electronic Cruise Control (ECC), and Internet of Thing (IOT), Motorcycle Airbag Jackets, Immobilizer System.

Apart from these factors, the motorcycle electronics market is expected to witness significant demand from the aftermarket. With the changing demographics and advancing technology, riders want their bikes to be well equipped with the advanced features available in the market.

Motorcycle Electronics Market: Segmentation:

The global motorcycle electronic market can be segmented on the basis of types of motorcycles:

  • Cruiser
  • Sport bike
  • Dual sport bike
  • Adventure Tourer
  • Scooter

The global motorcycle electronic market can be segmented on the basis of Application type:

  • Lighting
    • Headlight
    • Flasher
  • Bluetooth accessories
    • Chatterbox
    • Interphone
    • Speaker
    • Camera
    • Helmet Audio System
  • Motorcycle Grip heater
  • Lap Timer
  • Switches & Knobs
  • Display
    • Digital Display
    • Analog Display

The global motorcycle electronic market can be segmented on the basis of Sales channel:

  • Original Equipment Market (OEM)
  • Aftermarket

Motorcycle Electronics Market: Key Participants:

There are some key Participants of the global Motorcycle Electronics Market:

  • Pricol Limited
  • KOSKO
  • Mitsubishi Electric corporation
  • Delphi Automotive LLP.
  • Dunlop System and Component Ltd.
  • ZF Friedrichshafen AG
  • Bosch Limited
  • Holley Performance Products
  • Wings Automobile Products Pvt., ltd.
  • Suitai Electronics Ltd.
  • Denso

Motorcycle Electronics Market: Region-wise Outlook:

Asia Pacific is a major market for motorcycles, thus the region is anticipated to hold a lion share in the market thus, dominating the global motorcycle electronics market owning to high demand of motorcycle from countries such as India and China. China is expected to emerge as technology leader in the global market and will be a major exporter of cheap electronic products. Middle East and Africa region is also anticipated to have a strong foot hold in the global market. Further, with respect to North America and Europe, high demand for premium motorcycle from countries such as Germany, France and the U.S. is expected to fuel growth of the global motorcycle electronics market. Market in the Latin America is anticipated to maintain a slow growth owing to low consumer spending

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.