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Global Motorcycle Infotainment Market to reach USD XX billion by the end of 2029.

Global Motorcycle Infotainment Market Size study & Forecast, by Application (Two-wheeler Motorcycles, Trikes) and Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) and Regional Analysis, 2022-2029

Product Code: ALTPCV-13301106
Publish Date: 17-10-2022
Page: 200

Global Motorcycle Infotainment Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Motorcycle Infotainment is an electronic system utilized to deliver entertainment and information to the driver and the passengers through audio & video interfaces. A motorcycle infotainment system consists of digital display, sensors, connectivity modules such as Apple Car play etc. The motorcycle infotainment system also features navigation services to guide the rider during the riding. The rising expansion of global Motorbike Market and increasing adoption of connected motorcycles worldwide as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista – during 2021, the global market for electric motorcycle was estimated at USD 46 billion, and as per projections the market would reach to USD 1095 billion by 2030. Also, increasing number of safety compliances from government authorities and rising electrification of motorcycles would create lucrative growth prospectus for the market over the forecast period. However, slow penetration of premium bike in developing regions and volatile cost of raw materials impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Motorcycle Infotainment Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to increasing demand for connected motorbikes as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising adoption of electric motorbikes as well as increasing penetration of leading market players in the region.

Major market player included in this report are:
BMG AG
Bombardier Recreational Products (BRP)
Clarion Co. Ltd.
Garmin Ltd.
Harman International
Harley-Davidson
Honda Motor Co. Ltd.
Polaris Industries Inc.
Sena Technologies Inc.
TomTom International BV

Recent Developments in the Market:
 In March 2020, Harley-Davidson announced addition of Android Auto to its infotainment systems. This new addition would enable riders to listen to tunes and use navigation and other apps through the infotainment system.

 In February 2022, Herman International announced acquisition of Apostera, a Germany-based automotive technology company.

Global Motorcycle Infotainment Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Sales Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application
Two-wheeler Motorcycles
Trikes
By Sales Channel
Original Equipment Manufacturer (OEM)
Aftermarket

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Motorcycle Infotainment Market, by Region, 2019-2029 (USD Billion)
1.2.2. Motorcycle Infotainment Market, by Application, 2019-2029 (USD Billion)
1.2.3. Motorcycle Infotainment Market, by Sales Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Motorcycle Infotainment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Motorcycle Infotainment Market Dynamics
3.1. Motorcycle Infotainment Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Rising expansion of global Motorbike Market.
3.1.1.2. Increasing adoption of connected motorcycles worldwide.
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. Slow penetration of premium bike in developing regions.
3.1.2.2. Volatile cost of raw materials.
3.1.3. Market Opportunities
3.1.3.1. Increasing number of safety compliances from government authorities.
3.1.3.2. Rising electrification of motorcycles.
Chapter 4. Global Motorcycle Infotainment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Motorcycle Infotainment Market, by Application
6.1. Market Snapshot
6.2. Global Motorcycle Infotainment Market by Application, Performance – Potential Analysis
6.3. Global Motorcycle Infotainment Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Motorcycle Infotainment Market, Sub Segment Analysis
6.4.1. Two-wheeler Motorcycles
6.4.2. Trikes
Chapter 7. Global Motorcycle Infotainment Market, by Sales Channel
7.1. Market Snapshot
7.2. Global Motorcycle Infotainment Market by Sales Channel, Performance – Potential Analysis
7.3. Global Motorcycle Infotainment Market Estimates & Forecasts by Sales Channel 2019-2029 (USD Billion)
7.4. Motorcycle Infotainment Market, Sub Segment Analysis
7.4.1. Original Equipment Manufacturer (OEM)
7.4.2. Aftermarket
Chapter 8. Global Motorcycle Infotainment Market, Regional Analysis
8.1. Motorcycle Infotainment Market, Regional Market Snapshot
8.2. North America Motorcycle Infotainment Market
8.2.1. U.S. Motorcycle Infotainment Market
8.2.1.1. Application breakdown estimates & forecasts, 2019-2029
8.2.1.2. Sales Channel breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Motorcycle Infotainment Market
8.3. Europe Motorcycle Infotainment Market Snapshot
8.3.1. U.K. Motorcycle Infotainment Market
8.3.2. Germany Motorcycle Infotainment Market
8.3.3. France Motorcycle Infotainment Market
8.3.4. Spain Motorcycle Infotainment Market
8.3.5. Italy Motorcycle Infotainment Market
8.3.6. Rest of Europe Motorcycle Infotainment Market
8.4. Asia-Pacific Motorcycle Infotainment Market Snapshot
8.4.1. China Motorcycle Infotainment Market
8.4.2. India Motorcycle Infotainment Market
8.4.3. Japan Motorcycle Infotainment Market
8.4.4. Australia Motorcycle Infotainment Market
8.4.5. South Korea Motorcycle Infotainment Market
8.4.6. Rest of Asia Pacific Motorcycle Infotainment Market
8.5. Latin America Motorcycle Infotainment Market Snapshot
8.5.1. Brazil Motorcycle Infotainment Market
8.5.2. Mexico Motorcycle Infotainment Market
8.6. Rest of The World Motorcycle Infotainment Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. BMG AG
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Bombardier Recreational Products (BRP)
9.2.3. Clarion Co. Ltd.
9.2.4. Garmin Ltd.
9.2.5. Harman International
9.2.6. Harley-Davidson
9.2.7. Honda Motor Co. Ltd.
9.2.8. Polaris Industries Inc.
9.2.9. Sena Technologies Inc.
9.2.10. TomTom International BV
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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