The global motorcycle infotainment system market size reached US$ 276.77 Million in 2022. Looking forward, the publisher expects the market to reach US$ 535.56 Million by 2028, exhibiting a growth rate (CAGR) of 11.30% during 2023-2028. The growing demand among riders, increasing need for energy-efficient and enhanced safety and security solutions, and rising popularity of large display options represent some of the key factors driving the market.
A motorcycle infotainment system refers to a combination of hardware and software solutions that are designed to provide entertainment and information to riders for an enhanced user experience. It comprises various features and technologies, such as Bluetooth calling, a global positioning system (GPS), parking assistance, audio and visual playback option, multimedia support, tire pressure warning, weather forecasts, compatibility with a smartphone, and app integration. It is cost-effective, easy to use, convenient, allows hands-free communication, and offers improved safety for a vehicle and rider. It also enables high security of a vehicle by providing anti-lock braking and stolen vehicle tracking option, even without a connection to a smartphone. Besides this, it assists in reaching the destination on time by providing real-time traffic information while reducing fuel consumption. As a result, the motorcycle infotainment system is widely employed in two-wheeler motorcycles and trikes across the globe.
A motorcycle infotainment system refers to a combination of hardware and software solutions that are designed to provide entertainment and information to riders for an enhanced user experience. It comprises various features and technologies, such as Bluetooth calling, a global positioning system (GPS), parking assistance, audio and visual playback option, multimedia support, tire pressure warning, weather forecasts, compatibility with a smartphone, and app integration. It is cost-effective, easy to use, convenient, allows hands-free communication, and offers improved safety for a vehicle and rider. It also enables high security of a vehicle by providing anti-lock braking and stolen vehicle tracking option, even without a connection to a smartphone. Besides this, it assists in reaching the destination on time by providing real-time traffic information while reducing fuel consumption. As a result, the motorcycle infotainment system is widely employed in two-wheeler motorcycles and trikes across the globe.
Motorcycle Infotainment System Market Trends:
At present, the increasing demand for infotainment systems among bikers or riders worldwide represents one of the key factors contributing to the growth of the market. Additionally, the rising rate of electrification of motorcycles, along with the usage of safety electronics, is propelling the growth of the market. Apart from this, the growing demand for motorcycle infotainment systems due to the increasing need for continuous connectivity among the masses around the world is offering a positive market outlook. In addition to this, there is a rise in the demand for energy-efficient and enhanced safety and security solutions among individuals across the globe. This, coupled with the increasing demand for portable motorcycle infotainment systems, as they are convenient to carry, easily mounted or unmounted, and can be used with any motorcycle, is offering lucrative growth opportunities to industry investors. Besides this, the growing popularity of large display motorcycle infotainment systems is positively influencing the market. Moreover, the increasing integration of artificial intelligence (AI), machine learning (ML), and the internet of things (IoT) in motorcycle infotainment systems is strengthening the growth of the market. Furthermore, the introduction of thin-film transistors (TFTs) displays as a substitute to the conventional speedometer with advanced features, such as tire pressure, traction control, and navigation, is supporting the growth of the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global motorcycle infotainment system market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on type, application, and sales channel.Type Insights:
- Intercom
- GPS
- Map and Navigation
- Vehicle Data
- Others
Application Insights:
- Two-Wheeler Motorcycles
- Trikes
Sales Channel Insights:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Regional Insights:
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global motorcycle infotainment system market. Detailed profiles of all major companies have also been provided. Some of the companies covered include BMW AG, Garmin Ltd., Harley-Davidson Inc., Honda Motor Co. Ltd., Polaris Inc., Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Sena Technologies, Inc. (Kakao Games Corp.), TomTom International BV, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global motorcycle infotainment system market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global motorcycle infotainment system market?
- What is the impact of each driver, restraint, and opportunity on the global motorcycle infotainment system market?
- What are the key regional markets?
- Which countries represent the most attractive motorcycle infotainment system market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the motorcycle infotainment system market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the motorcycle infotainment system market?
- What is the breakup of the market based on the sales channel?
- Which is the most attractive sales channel in the motorcycle infotainment system market?
- What is the competitive structure of the global motorcycle infotainment system market?
- Who are the key players/companies in the global motorcycle infotainment system market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Motorcycle Infotainment System Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Sales Channel
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- BMW AG
- Garmin Ltd.
- Harley-Davidson Inc.
- Honda Motor Co. Ltd.
- Polaris Inc.
- Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
- Sena Technologies Inc. (Kakao Games Corp.)
- TomTom International BV
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 137 |
| Published | June 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 276.77 Million |
| Forecasted Market Value ( USD | $ 535.56 Million |
| Compound Annual Growth Rate | 11.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
