Global Motorcycle Infotainment System Market Report 2023: Players Include Harley-Davidson, Honda Motor, Polaris Industries and Sena Technologies - ResearchAndMarkets.com

The "Motorcycle Infotainment System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031" report has been added to ResearchAndMarkets.com's offering.

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

Companies Mentioned

• 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

The outlook for motorcycle infotainment systems appear upbeat with the growing integration of smart systems in automobiles. Motorcycle infotainment system provides both the entertainment and information to rider while riding a motorcycle. These systems are assembly of hardware and software that provides audio-video information and enables communication between connected vehicles.

Motorcycle infotainment system is an integration of multimedia and driver assisting technologies in a single module. Over the last few years, rapid growth in the IT and smartphone industry has coincided with surge in demand for infotainment services. Evolving digital habits of consumers coupled with need for seamless internet connectivity while on-the-move is identified as one of the factors facilitating the growth of the motorcycle infotainment system market.

Motorcycle infotainment systems enable connectivity on wheels, thereby facilitating real-time communication on-the-go and enabling rider to stay connected with the online platform. Increasing demand for high-speed connectivity and availability of low-cost data plans has brought revolution in the infotainment industry. Motorcycle manufacturers are now providing in-built systems that have the capability of staying connected through real-time streaming and data transfer.

Thus, increased dependency on technology coupled with rising need for continuous connectivity is driving the growth prospects of the motorcycle infotainment system market worldwide. Motorcycle infotainment systems market is still in its infancy and is anticipated to register strong growth during the forecast period due to the growing demand for connected vehicles and entry of new players in the market.

As of now, Harley Davidson enjoys strong market penetration with infotainment systems integrated in majority of its high-end models. On the other hand, BMW and Honda too have few models with integrated infotainment system. In 2015, Yamaha, Honda and BMW collaborated for developing intelligent transportation systems (C-ITS) designed mainly for two-wheelers.

The evolving trend of connectivity in vehicles has provoked consumers to connect their tablets and smartphones to infotainment systems for entertainment and accessing information. Rising demand for better driver-experience has compelled OEMs to collaborate with electronic manufacturers for developing more advanced and better infotainment systems. Increasing number of manufacturers are making huge investments and are working towards offering advanced electronic components in order to boost automotive grade electronics.

Furthermore, the ability of smart devices to provide users with a real-time and transparent feedback mechanism for checking vehicle's health status and their driving behavior is expected to facilitate the growth of motorcycle infotainment system market. On the other hand, distraction caused due to the infotainment systems can be a serious safety concern, which may acts as a challenge for the growth of the motorcycle infotainment system market.

Market Segmentation

Application

• Two-wheeler Motorcycles
• Trikes

Sales Channel

• Aftermarket
• OEMs

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Motorcycle Infotainment System market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2031.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Motorcycle Infotainment System market?
• Which is the largest regional market for Motorcycle Infotainment System market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Motorcycle Infotainment System market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Motorcycle Infotainment System market worldwide?

For more information about this report visit https://www.researchandmarkets.com/r/vyvpd1

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