Two-wheeler Connectivity Systems Market - Growth, Trends, and Forecasts (2020 - 2025)
|出版商||Mordor Intelligence Pvt Ltd||商品編碼||964800|
|出版日期||內容資訊||英文 80 Pages
|二輪車連接性系統市場-成長，趨勢，及預測(2020年∼2025年) Two-wheeler Connectivity Systems Market - Growth, Trends, and Forecasts (2020 - 2025)|
|出版日期: 2020年08月01日||內容資訊: 英文 80 Pages||
The Two-Wheeler Connectivity Systems Market is anticipated to register a CAGR of above 5% during the forecast period (2020 -2025).
Sale of Electric Two-Wheelers Poised to Boost Market Growth
Electric motorcycles and scooters are driving the market of the two-wheeler connected system market. Although Electric two-wheelers are in their initial phase now every conventional OEM is launching their electric models and new startups are marking their presence into this market. New electric motorcycles come with the latest technology for better connectivity and safety of the rider.
For instance, at CES 2020 Damon Motorcycles launched the Hypersport. It is an electric superbike that comes equipped with Damon's CoPilot advanced warning system by BlackBerry QNX technology. In 2019, Zero Motorcycles launched the SR/F, an IoT based connected electric motorcycle. It comes with Cypher III, a customizable dashboard and Zero's next-generation app which allows rider and motorcycle to share critical information such as bike status, alerts, charging, ride data sharing, and system upgrades and updates.
Governments are also pushing hard to promote and provide more fuel to the growth of electric two-wheelers. For instance, in 2019, the Indian government has announced that all two-wheelers less than 150 cc produced in India after March 31, 2025, should be electric.
European Region Expected to Lead the Market
Europe is anticipated to hold the major share in the two-wheeler connectivity systems market over the forecast period. Motorcycles registrations in the European Union increased by 8% in 2019. Also, the sales figure for the electric segment has seen a double-digit growth of 46.7% compared to 2018.
Germany, France, Italy are witnessing an increasing number of startups as well as established conventional motorcycle manufacturers launching new two-wheeler connectivity systems in the market. For instance,
Bosch's rider assistance systems provide adaptive cruise control, forward collision systems, and blind-spot detection. Bosch claims that these systems can prevent one in seven accidents. This technology of Bosch will be adopted in bikes from Ducati and KTM. Along with that Bosch is also developing connectivity systems that will alert two-wheeler on the network about the speed and position of other vehicles. This system would be very useful during low visibility situations, and blind corners. In case of an accident, an emergency call feature will automatically notify emergency services with GPS coordinates of the bike.
Audi and Ducati jointly showcased the demonstration of C-V2X technology, in this demonstration is the part of Ducati 2025 roadmap. The technology performs intersection collision warning, cross-traffic turn collision risk warning, and warning in case of sudden braking of the front vehicle.
The two-wheeler connectivity systems market is not dominated by a handful of players, but it is marked with numbers of new startups and established players. Bosch which is one of the leaders in the market has an integrated connectivity cluster which is a rider information system that connects motorcycles and smartphones which are used to operate apps and its connectivity control unit to connect motorcycles with the cloud. Manufacturers are showing their presence in this new market which earlier was the playground for startups, tech companies, and suppliers. For instance,