CONNECTED MOTORCYCLE MARKET ANALYSIS

Connected motorcycle is a technology combined with motorcycles to provide smart and intelligent two-wheeler mobility. The technology used in connected motorcycle is Internet of Things (Iot). The Internet of Things (IoT) is a network of internet-connected objects that can gather and transmit data without the need of human interaction across a wireless network. In connected motorcycle, Iot can be used in combination with sensor nodes and big data which gives real-time warnings to minimize the danger on the road. The connected motorcycle covers four major areas of the bike that is charging, ride data sharing, bike status & alerts, and system upgrades & updates

Increasing customer demand for safety and driver assistance are expected to drive the growth of connected motorcycle market

According to the Global Status Report on Road Safety (2018), road traffic accidents is the cause of deaths in all age groups. The report states that every year approximately 1.3 million people die and 20-50 million become disable globally because of road accidents. The usage of connected motorcycle can reduce the risk of road accidents. The rider will automatically get to know about the upcoming obstacles on the road.

Among regions, Asia Pacific is estimated to be the fastest-growing region during the forecast period. The increasing developments of connected motorcycles by Japanese manufacturers such as Honda, Yamaha, Suzuki, and Kawasaki would drive the connected motorcycle market in the countries such as China, India, and Indonesia etc. For instance, in 2017, Yamaha launched its TMAX SX and TMAX DX scooters with connectivity service area delivered by Vodafone. It helps the riders to measure vehicle performance with the use of smartphone application. One of the major components of the connected motorcycle is the strong network connectivity. Cellular Vehicle-to-everything (V2X) is used for network connectivity. The cellular vehicle-to-everything (C-V2X) communication serves as the base for vehicles to communicate with one another and everything around them, providing 360ºnon-line-of-sight awareness and a higher level of estimation for enhanced road safety and autonomous driving. The connected motorcycle can decrease the road accidents. The major applications of the connected motorcycle are Motorcycle Approach Indication (MAI), Motorcycle Approach Warning (MAW), Left Turn Assist (LTA), Emergency Electronic Brake Light (EEBL), and Traffic Jam Warning (TJW).

The Global Connected Motorcycle Market Taxonomy

On the basis of Service Type, the global connected motorcycle market is segmented into:

• Driver assistance
• Infotainment
• Safety
• Vehicle management & telematics
• Insurance
• Calling
  • eCall
  • bCall
  • iCall

 On the basis of Hardware Type, the global connected motorcycle market is segmented into:

• Embedded
• Tethered

On the basis of Network type, the global connected motorcycle market is segmented into:

• Cellular V2X
• Dedicated short range communication

On the basis of the Communication type, the global connected motorcycle market is segmented into:

• V2V
• V2I

On the basis of End user, the global connected motorcycle market is segmented into:

• Private
• Commercial

On the basis of region, the global connected motorcycle market is segmented into:

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

Major players operating in the global connected motorcycle market are Panasonic Corporation, Robert Bosch GmbH, BMW Motorrad, Starcom Systems, Vodafone, Autotalks, Continental AG, KPIT, and TE Connectivity.