Connected Motorcycle Market
Report ID: SQMIG25D2013
Report ID: SQMIG25D2013
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Report ID:
SQMIG25D2013 |
Region:
Global |
Published Date: February, 2025
Pages:
195
|Tables:
139
|Figures:
73
Connected Motorcycle Market size was valued at USD 264.13 Million in 2024 and is poised to grow from USD 383.78 Million in 2025 to USD 7624.34 Million by 2033, growing at a CAGR of 45.3% during the forecast period (2026–2033).
Growing emphasis on improvement of ride safety, booming adoption of Vehicle-to-Everything (V2X) communication technologies, increasing sales of smart and electric motorcycles, and high demand for digital connectivity and smartphone integration are key factors driving the sales of connected motorcycles around the world.
Growing incidents of motorcycle accidents have led to a high emphasis on improving ride safety around the world. Advanced rider-assistance systems (ARAS) such as blind-spot detection, adaptive cruise control, and emergency braking are increasingly integrated into motorcycles to reduce accident risks thereby driving the adoption of connected motorcycles. Surge in adoption of Internet of Things (IoT) technologies and increasing availability of high-speed communication networks have led to high use of Vehicle-to-Everything (V2X) communication, Use of V2X technology can help improve collision avoidance, navigation, and situational awareness for riders.
High emphasis on sustainability and growing demand for clean mobility solutions are driving up the sales of electric motorcycles. The launch of multiple new smart electric motorcycles that utilize telematics, cloud-based diagnostics, and mobile apps for connected features is also estimated to favor the global connected motorcycle market growth in the future.
Launching supportive government initiatives and programs favoring adoption of connected mobility solutions can also help boost the sales of connected motorcycles. Imposition of new regulatory standards mandating the use of V2X technologies in developed regions such as Europe and North America are also estimated to bolster market development potential over the coming years. However, cybersecurity risks, high initial costs, limited network infrastructure in developing regions, and resistance from traditional motorcycle enthusiasts are estimated to hurt the adoption of connected motorcycle across the forecast period.
Key Market Attributes
In February 2024, Karma Automotive, a renowned ultra-luxury vehicle manufacturer from the United States announced acquisition of technology assets and intellectual property from a automotive commercial software company called Airbiquity. Through this move, Karma strengthened its position in the connected vehicle space as it acquired two decades' worth of connected vehicle solutions. The acquisition saw the addition of Airbiquity’s assets to Karma Connected Cloud Services.
In January 2024, Garmin, a leading multinational technology company announced that it was providing infotainment systems to select Yamaha motorcycles and smart scooters. Garmin Automotive OEM solutions will support Yamaha Motor’s Connected Vision program and provide a testament to how Garmin’s automotive expertise is increasing. The announcement is part of the OEM partnership between Garmin and Yamaha that started back in 2022 for Yamaha’s TMAX motorcycle.
Acquisitions and partnerships are slated to emerge as essential strategies for connected motorcycle companies looking to expand their business scope on a global level. Motorcycle companies are expected to be more inclined to partner with technology providers to enhance the connected capabilities of their offerings. Whereas, launching individual connected motorcycle accessories and standalone connected systems can also help connected motorcycle providers maximize their sales potential in the long run.
In September 2023, BMW Motorrad, the motorcycle division of German carmaker BMW announced the launch of BMW Motorrad ConnectedRide Navigator. Seamless smartphone integration allows for the new ConnectedRide Navigator to be operated via a multicontroller. Featuring a 5.5-inch touchscreen TFT display offered exceptional visibility and readability even in extreme sunlight conditions to help riders navigate effortlessly.
In July 2024, Fly-E Group Inc., a renowned supplier of smart electric motorcycles and bikes announced its plans to launch three new electric motorcycle models in New York in October 2024. The DP, EK PRO, and DT all are expected to come in different designs to suit various consumer preferences and are packed with smart and advanced features to enhance rider safety and riding experience as well.
Market snapshot - 2026-2033
Global Market Size
USD 181.78 million
Largest Segment
Vehicle-To-Vehicle (V2V)
Fastest Growth
Vehicle-To-Infrastructure (V2I)
Growth Rate
45.3% CAGR
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Global Connected Motorcycle Market is segmented by Type, Connectivity Solution, Service, Propulsion, Communication Type, Network Type, End User and region. Based on Type, the market is segmented into Sport, Tour, Roadster, Heritage, Adventure and Other Types. Based on Connectivity Solution, the market is segmented into Integrated, Embedded and Tethered. Based on Service, the market is segmented into Driver Assistance, Safety, Entertainment, Well Being, Vehicle Management and Mobility Management. Based on Propulsion, the market is segmented into Internal Combustion Engine (ICE) and Electric. Based on Communication Type, the market is segmented into Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I). Based on Network Type, the market is segmented into Cellular Vehicle-to-Everything (C-V2X) and Dedicated Short-Range Communications (DSRC). Based on End User, the market is segmented into Private and Commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Hardware
The embedded segment is estimated to account for a dominant share of the global connected motorcycle industry in the future. Better connectivity and ease of use for manufacturers as well as end users help promote the adoption of embedded hardware systems in connected motorcycles. Increasing integration of highly complex solutions such as rider assistance systems and parking assistance systems are also forecasted to favor the adoption of embedded hardware solutions among companies. High reliability and real-time communication capabilities offered by embedded hardware are also expected to further cement the dominance of this segment in the long run.
Meanwhile, the demand for tethered hardware is slated to rise at an exceptional CAGR across the study period and beyond. High precision and efficacy offered by tethered devices for connected motorcycles is expected to help this segment generate new opportunities going forward. Low costs, high accessibility, and flexibility in connectivity are some key factors that are slated to offer new revenue generation scope for connected motorcycle companies utilizing tethered systems. Availability of advanced software algorithms and easy connection to different connected motorcycles are also slated to boost the adoption of tethered hardware in this industry through 2032.
Analysis by Communication
The Vehicle-To-Vehicle (V2V) segment is forecasted to hold a substantial chunk of the global connected motorcycle market share going forward. Rising emphasis on vehicle and ride safety to reduce the risk of accidents and mortality rates are expected to bolster the demand for V2V communication systems in connected motorcycles. Surging demand for autonomous features and advanced traffic management solutions in connected motorcycles are also expected to help promote the use of V2V communication technologies in the future. Advancements in V2V communication technologies can also bolster the dominance of this segment. However, lack of standardization is estimated to hurt the high share of this segment through 2032.
Meanwhile, the demand for Vehicle-To-Infrastructure (V2I) communication technology is slated to increase at a notable pace over the coming years. Growing efforts to improve traffic management and flow to reduce traffic congestion are slated to bolster the importance of V2I communication going forward. The launch of new smart city initiatives and programs are also estimated to favor the adoption of advanced V2I communication technologies. Proper deployment of connected motorcycle communication technologies can help reduce fuel consumption vehicles and improve situational awareness to reduce the risk of accidents and promote safety. Most smart electric motorcycles and scooters are expected to be equipped with advanced V2I communication by the end of the study period.
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Europe is slated to account for a prominent share of the globally connected motorcycle industry over the coming years. The presence of multiple connected motorcycle manufacturers, high emphasis on sustainability, and growing demand for clean mobility are helping cement the dominance of this region on a global level. High emphasis on road safety and imposition of stringent regulations to ensure the same allowing Germany to spearhead the adoption of connected motorcycles in the European region. Meanwhile, the sales of connected motorcycles are estimated to increase at a notable CAGR in the United Kingdom owing to the presence of developed road infrastructure and high availability of novel connected motorcycle models.
The Asia Pacific region is forecasted to emerge as the fastest-growing regional market for connected motorcycle suppliers through 2032. Rising disposable income of people, surging sales of premium motorcycles, and growing popularity of electric bikes and scooters are slated to boost the demand for connected motorcycles in this region. Presence of leading motorcycle manufacturers in Japan such as Suzuki Motor Corporation, Honda Motor Company Ltd., Kawasaki Heavy Industries Limited, and Yamaha Motor Co. Ltd. Makes it a highly opportune market in this region. Improving internet infrastructure in India and growing launch of new smart electric connected motorcycles are also creating new opportunities for market players in the Asia Pacific region.
The North American region is also estimated to offer lucrative opportunities for connected motorcycle companies in the long run. High consumer spending potential, need for more advanced motorcycle safety systems, and increasing willingness of consumers to opt for advanced connected vehicle technologies are slated to uplift the sales of connected motorcycles in this region. The United States is predicted to account for the highest connected motorcycle demand in this region as per this global connected motorcycle market analysis. Imposition of new vehicle safety regulations by government in the United States is also estimated to boost the sales of connected motorcycles. The demand for connected motorcycles in the Middle East and Africa region is relatively small as compared to all other regions. The connected motorcycle industry in this region is still in its early stages however, increasing internet penetration and rising consumer purchasing power are slated to bolster the sales of connected motorcycles in this region by the end of the forecast period.
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Connected Motorcycle Market Drivers
Availability of 5G Networks
Adoption of Subscription-based Connected Services
Connected Motorcycle Market Restraints
Cybersecurity Risks and Data Privacy Issues
Limited Network Infrastructure in Developing Regions
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Connected motorcycle companies should focus on increasing the safety of their offerings through the use of advanced technologies. Targeting the development of electric bikes can help connected motorcycle providers maximize their revenue generation potential in the long run. Developing communication infrastructure to connect motorcycles is also a key area of interest for companies looking to expand their business in developing countries as per this global connected motorcycle market forecast.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, growing availability of 5G networks, adoption of subscription-based connected services, and emphasis on rider safety are projected to primarily drive the demand for connected motorcycles going forward. However, cybersecurity risks, data privacy concerns, and limited network infrastructure in developing regions are expected to slow down the sales of connected motorcycles in the future. Europe is forecasted to emerge as the leading market for connected motorcycles owing to the presence of top connected motorcycle manufacturers in countries such as Italy, Germany, France, and the United Kingdom. Demand for predictive maintenance and use of advanced rider-assistance systems are slated to create new business scope for market players in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 264.13 Million |
| Market size value in 2033 | USD 7624.34 Million |
| Growth Rate | 45.3% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Connected Motorcycle Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Connected Motorcycle Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Connected Motorcycle Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Connected Motorcycle Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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