Connected Motorcycle Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to connected motorcycle market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Connected Motorcycle Market News

  • In October 2024, Yamaha Motor, a leading motorcycle manufacturer from Japan announced the launch of a new version of its R3 model with a 321-cc engine. R3 now offers Yamaha Motorcycle Connect (Y-Connect) smartphone connectivity to connect with smartphones and provide advanced features.
  • In January 2024, VinFast Auto, a leading automotive manufacturer announced the launch of a new smart electric bike for the United States market. Named DrgnFly, the electric bike features a 750W engine integrated into the rear wheel and a driving range of up to 63 miles (102 km) with other smart connected features.
  • In November 2023, Verge Motorcycles, a leading electric superbike manufacturer announced the launch of its new Starmatter platform. The new offering combines OTA (over-the-air) updates, sensor technology, artificial intelligence, and an advanced user interface made by using the Unreal Engine game engine to revolutionize the motorcycling industry.

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FAQs

Global Connected Motorcycle Market size was valued at USD 98.5 Million in 2023 and is poised to grow from USD 112.78 Million in 2024 to USD 333.19 Million by 2032, growing at a CAGR of 14.5% during the forecast period (2025-2032).

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. 'BMW AG', 'Honda', 'Triumph Motorcycles', 'Robert Bosch GmbH', 'Harley Davidson', 'Panasonic Corporation', 'Ducati', 'Vodafone Automotive SpA', 'Continental AG', 'Würzburger Institut für Verkehrswissenschaften GmbH', 'ALPS ALPINE CO. LTD.', 'Yamaha Motors', 'KTM', 'Autotalks Ltd.', 'Alpinestars'

Advancements in connectivity technologies and emphasis of telecommunication companies to enhance connectivity has led to high deployment of 5G networks around the world. Ultra-low latency and high-speed communication offered by 5G networks enhances connected motorcycle capabilities thereby favoring the global connected motorcycle market outlook on a global level.

Use of Advanced Rider-Assistance Systems (ARAS): Connected motorcycle companies are focusing on integrating Advanced Rider-Assistance Systems (ARAS) in their offerings to enhance ride safety. Lane departure warnings, adaptive cruise control, and collision avoidance are some of the most popular ARAS features that are helping this emerge as an indispensable connected motorcycle market trend for companies looking to boost their business scope.

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.

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Global Connected Motorcycle Market
Connected Motorcycle Market

Report ID: SQMIG25D2013

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