Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.16 |
Two-Wheeler Connectivity Systems Market Analysis Report 2023-2032
The Two-Wheeler Connectivity Systems Market is poised to experience a Compound Annual Growth Rate (CAGR) of 9.12% between 2022 and 2032. Over this period, the market size is expected to witness a substantial increase of USD 2,483.75 million. The growth of this market is driven by a combination of factors, including the increasing demand for advanced safety and convenience features in motorcycles and scooters, rising urbanization, and technological advancements in connectivity systems. The market primarily caters to the production of connectivity solutions designed to enhance the riding experience and safety of two-wheeler users.
Two-Wheeler Connectivity Systems Market Overview
Drivers
The key driver behind the expansion of the Two-Wheeler Connectivity Systems Market is the surging demand for advanced safety and convenience features in motorcycles and scooters. As urbanization continues to rise, more people are turning to two-wheelers as a practical mode of transportation. The integration of connectivity systems enhances rider safety, offering features like real-time navigation, emergency alerts, and vehicle tracking.
Technological advancements in connectivity systems are also significantly driving market growth. Continuous innovations in GPS, Bluetooth, and app integration provide an improved riding experience, allowing riders to stay connected and informed while on the road.
Trends
An important trend shaping the Two-Wheeler Connectivity Systems Market is the development of smartphone integration solutions. Many connectivity systems now offer seamless smartphone connectivity, enabling riders to access apps, music, and navigation directly through their motorcycle or scooter's display. This trend aligns with the growing dependence on smartphones for various daily tasks.
Additionally, there is a rising trend toward connected safety features, including automatic crash detection and emergency notification systems. These features provide an added layer of security for riders, increasing the appeal of connectivity systems.
Restraints
One of the challenges facing the Two-Wheeler Connectivity Systems Market is the cost of implementing these systems. While connectivity features offer substantial benefits, the additional hardware and software components can increase the price of two-wheelers. This added cost may deter price-sensitive consumers, particularly in emerging markets.
Another restraint is the need for widespread network coverage. Many connectivity features rely on cellular or data networks to function optimally. In areas with poor network coverage, the effectiveness of these systems may be limited.
Two-Wheeler Connectivity Systems Market Segmentation by Connectivity Type
The market provides a range of connectivity solutions, including Bluetooth, smartphone app integration, and embedded systems. These systems cater to different rider preferences and needs.
Two-Wheeler Connectivity Systems Market Segmentation by Application
The primary application segment in the Two-Wheeler Connectivity Systems Market is motorcycles and scooters. Connectivity systems are designed to enhance the riding experience and safety of both categories of two-wheelers.
Asia-Pacific (APAC) is anticipated to be a key driver of global Two-Wheeler Connectivity Systems Market growth. This region accounts for a significant portion of the world's two-wheeler sales, with a growing demand for connectivity solutions in motorcycles and scooters. The rise in urbanization and the need for efficient and connected transportation options are driving the adoption of these systems.
The market experienced a temporary slowdown during the COVID-19 pandemic, but as urbanization and the popularity of two-wheelers continue to increase, the market is expected to regain momentum.
Two-Wheeler Connectivity Systems Market Customer Landscape
The Two-Wheeler Connectivity Systems Market report offers insights into the adoption patterns of the market, ranging from early adopters to laggards. The report examines adoption rates across different regions based on penetration levels. Moreover, the report delves into key criteria influencing purchase decisions, such as connectivity features, brand reputation, and pricing. These insights assist two-wheeler manufacturers in formulating effective strategies for market entry and growth.
Major Two-Wheeler Connectivity Systems Market Companies
Prominent players in the Two-Wheeler Connectivity Systems Market are implementing diverse strategies to bolster their market presence. These strategies include research and development to enhance connectivity technology, partnerships with two-wheeler manufacturers, expanding product portfolios, and geographic expansion to reach emerging markets.
Sample list of major companies in the market:
Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players.
Segment Overview
The Two-Wheeler Connectivity Systems Market report provides revenue forecasts on a global, regional, and country level. The report also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.
TABLE OF CONTENTS: GLOBAL Two-Wheeler Connectivity Systems MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Two-Wheeler Connectivity Systems MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Two-Wheeler Connectivity Systems Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Two-Wheeler Connectivity Systems MARKET BY powertrain type landscape
SIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2 ICE
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3 Electric
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. Two-Wheeler Connectivity Systems MARKET BY network type INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2 V2X
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3 DSRC
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. Two-Wheeler Connectivity Systems MARKET REGIONAL OUTLOOK
7.1. Two-Wheeler Connectivity Systems Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.3. Europe Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.6.3. France Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K. Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Two-Wheeler Connectivity Systems Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America Two-Wheeler Connectivity Systems Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America Two-Wheeler Connectivity Systems Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1 Robert Bosch GmbH
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2 Continental AG
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3 TE Connectivity
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4 Panasonic Corporation
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5 Autotalks LTD.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6 Company 6
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7 Company 7
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8 Company 8
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 Company 9
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10 Company 10
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
"Find new revenue generation opportunities"