This market research report on global motorcycle infotainment system market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product (motorcycle and trike), by application (OEM and aftermarket), and by geography (North America, APAC, Europe, Latin America, and MEA).
The increasing adoption of advanced systems that enhance user driving experience and convenience is one of the main factors attributing to the growth of the global motorcycle infotainment system market. The growing demand for electric motorcycles and increasing adoption of motorcycle safety systems will boost the revenues in the global market. The leading companies are investing technological advancement to introduce features such as seven-speed automatic dual clutch transmission, adaptive suspension, keyless entry, and traction control in the market. The integration of state-of-the-art entertainment and info systems with superior navigation software will help vendors attract a large group of consumers in the global market. The rapid electrification of vehicles, stringent emission and fuel economy norms, adoption of connected vehicle concept, advanced safety features, and increasing demand for electric motorcycle and scooters will encourage vendors to launch advanced systems to attract new consumers in the market. Players such as Honda Goldwing, Yamaha Star Venture, BMW K1600 GTL, Harley-Davidson Super Glide, Indian Roadmaster, and Indian Chieftain are introducing premium tourers in the market. The players are launching systems that are designed to offer feature such as displaying basic motorcycle stats, tweaking the safety systems, controlling music, and navigation to sustain the competition in the market. The increasing demand for premium motorcycles across North America and Europe will positively impact the global motorcycle infotainment system market.
The rapid economic growth, availability of easy financing, and brand awareness across countries in APAC such as India, China, and Japan will encourage players to expand their businesses to these markets. The integration of electronics such as collision avoidance systems, infotainment, connected systems, and drive-by-wire technologies will boost the adoption of these systems in the market. The global motorcycle infotainment system market is projected to generate revenues of around $323 million by 2023, growing at a CAGR of approximately 14% during 2017-2023. This market research report also offers market size analysis in terms of unit shipment values during the forecast period.
Motorcycle Infotainment System Market at a Glance
The increasing rate of electrification of motorcycles is leading to the growth and development of the global motorcycle infotainment system market. With an increase in disposable income and economic growth, emerging markets are slowing warming up to the concept of electric motor vehicles. The manufacturers are launching entry level bikes to attract a larger group of consumers and gain a larger global market share. Furthermore, the rising awareness among consumers about global warming and ill effects of air pollution is encouraging vendors to launch vehicles that support green and sustainable technology in the market. Electric bikes offer latest technologies such as digital infotainment system, cloud sync, mobile sync, and safety electronics to end-users in the market. Also, stringent emission norms will encourage the adoption of electric bikes and promote the growth of the global motorcycle infotainment system market.
This market research report includes a detailed segmentation of the market by products, application, and geography.
Motorcycle Infotainment System Market Segmentation
Growing demand for premium motorcycles will augment the growth of the global motorcycle infotainment system market
The global motorcycle infotainment system market by products is segmented into motorcycle and trike. Motorcycle segment dominated the majority of the market share in 2017, growing at a CAGR of around 15% during the forecast period. The increasing number of deaths due to traffic accidents and the implementation of stringent safety norms by various government bodies across the globe is augmenting the growth of this segment in the market. Some of the causative factors for accidents according to a survey conducted by the NCAL were speeding, driving while intoxicated, failure to use motorcycle helmets, seat belts or child restraints, and poor-quality roads. Hence the adoption of various safety systems in motorcycles will create lucrative opportunities for leading vendors operating in the global motorcycle infotainment system market. The increasing awareness and launch of solutions that offer efficiency and convenience to end-users will help companies boost their revenues in the global market.
Lucrative trade and tax policies across emerging countries will boost revenues in the global motorcycle infotainment system market
The application segment in the global motorcycle infotainment system market is classified into OEM and aftermarket. The OEM segment occupied over 3/4th of the market share in 2017, growing at a CAGR of approximately 14% during the forecast period. The favorable trade and tax policies in emerging nations of APAC are contributing to the growth of this segment in the global market. The increasing adoption of lightweight motorbikes in countries such as India, China, and Japan will create lucrative opportunities for leading OEMs operating in this segment of the market. The increasing concentration of key vendors in APAC countries such as India, China, and Japan will make the region one of the largest producers in the global motorcycle infotainment system market. The rising brand awareness, increasing disposable income, and availability of lucrative financing options are boosting the adoption of premium motorcycles in the Indian market. Manufacturers such as Triumph, Harley-Davidson, BMW, and Benelli are entering into emerging markets to attract a maximum number of consumers and gain a larger market share during the forecast period.
Demand for premium heavyweight motorcycles in North America drives the global motorcycle infotainment system market
The global motorcycle infotainment system market by geography is categorized into North America, APAC, Europe, Latin America, and MEA. North America dominated the largest market share in 2017, growing at a CAGR of around 11% during the forecast period. The rapid electrification of motorcycles, stringent emission and fuel economy norms, economic growth, HNWI growth and adoption of premium heavyweight motorcycles are some of the primary factors attributing to the growth of this region in the global market. The US, Canada, and Mexico are the highest revenues generators in the North American market. The increasing focus on pollution is encouraging end-users to opt for green and sustainable technology in the North American market. Vendors are leveraging this trend to launch innovative products in the global motorcycle infotainment system market. For instance, Harley-Davidson has also shifted its focus towards electric motorcycle by introducing project LiveWire in the North American market.
The key countries profiled in the report are:
The global motorcycle infotainment system market is diverse and the level of competition among the players varies across regions. APAC is among the most competitive region in the global market. The increasing adoption of electric vehicles and growing demand for premium products is creating lucrative opportunities for leading vendors in the APAC market. The OEMs are leveraging rapid advancement in technologies to sustain the intense competition in the market. The key players are competing on the basis of prices and product differentiation to gain a larger global market share. The economic development in Latin American and Middle Eastern regions will encourage companies to expand their businesses to these regions in the global market.
The major vendors in the global market are:
The global motorcycle infotainment system market is driven by the availability of cheap labor, favorable business environment, government subsidies, and abundance of resources in emerging nations. The integration of collision avoidance systems, infotainment, connected systems, and drive-by-wire technologies will boost revenues in the global market. The market research report provides in-depth market analysis and segmental analysis of the global motorcycle infotainment system market by product, application, and geography.
Base Year: 2017
Forecast Year: 2018–2023
The report considers the present scenario of the global motorcycle infotainment system market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market.
Major Vendors in the Motorcycle Infotainment System Market
Market Segmentation by Product
Market Segmentation by Application
Market Segmentation by Geography
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Motorcycle Infotainment System Market Segmentation by End-User
4.3.2 Motorcycle Infotainment System Market Segmentation by Product
4.3.3 Motorcycle Infotainment System Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Infotainment System Overview
7.2 Macroeconomic Factors Driving Market
7.2.1 Economic Development
7.2.2 Per Capita GDP in Developing Markets
7.2.3 Dual-income Households in Developing Markets
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Rising interest in adventure riding
8.1.2 Increasing Penetration of Premium Motorcycles in Emerging Markets
8.1.3 Shifting of Manufacturing from Developed to Developing Countries
8.1.4 Changing Taste of Millennials to Shape Luxury Market
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 YOY Impact of Market Growth Enablers on Regions
8.2 Market Growth Restraints
8.2.1 Declining Sales of Premium Motorcycles
8.2.2 Rising Labor Cost in Emerging Markets
8.2.3 Contraction of Profit Margins Due to Stringent Safety and Emission Norms
8.2.4 YOY Impact of Market Growth Restraints
8.2.5 YOY Impact of Market Growth Restraints on Regions
8.3 Market Opportunities & Trends
8.3.1 Increasing Rate of Electrification of Motorcycles
8.3.2 Increasing Use of Safety Electronics
8.3.3 Introduction of Vehicle-To-Vehicle Technology in Motorcycles
8.3.4 YOY Impact of Market Opportunities & Trends
8.3.5 YOY Impact of Market Opportunities & Trends in Regions
9 Value Chain Analysis
9.1 Value Chain overview
9.1.1 Materials/Components Suppliers
9.1.2 Motorcycle Infotainment System Manufacturers
9.1.3 OEMs
9.1.4 Dealers/Retailers
10 Market Landscape
10.1 Market Overview
10.1.1 Historical Data 2015−2016
10.1.2 Market Size & Forecast 2017–2023
10.2 Porter’s Five Forces Analysis
10.2.1 Threat of New Entrants
10.2.2 Bargaining Power of Suppliers
10.2.3 Bargaining Power of Buyers
10.2.4 Threat of Substitutes
10.2.5 Competitive Rivalry
11 Market by End-User
11.1 Market Overview
11.2 Global Motorcycle Infotainment System Market by OEM
11.2.1 Market Size & Forecast
11.3 Global Motorcycle Infotainment System Market by aftermarket
11.3.1 Market Size & Forecast
12 Market by Product
12.1 Market Overview
12.2 Global Motorcycle Infotainment System Market by Motorcycles
12.2.1 Market Size & Forecast
12.3 Global Motorcycle Infotainment System Market by Trikes
12.3.1 Market Size & Forecast
13 Geographic Segmentation
13.1 Market Overview
14 North America: Motorcycle Infotainment System Market
14.1 Market Overview
14.1.1 Historical Data 2015−2016
14.1.2 Market Size & Forecast 2017–2023
14.2 End-User Segmentation
14.2.1 Market Size & Forecast
14.3 Product Segmentation
14.3.1 Market Size & Forecast
14.4 Key Countries
14.4.1 US: Market Size & Forecast
14.4.2 Mexico: Market Size & Forecast
14.4.3 Canada: Market Size & Forecast
14.5 Key Market Trend, Enabler, & Restraint
15 Europe: Motorcycle Infotainment System Market
15.1 Market Overview
15.1.1 Historical Data 2015−2016
15.1.2 Market Size & Forecast 2017–2023
15.2 End-User Segmentation
15.2.1 Market Size & Forecast
15.3 Product Segmentation
15.3.1 Market Size & Forecast
15.4 Key Countries
15.4.1 Italy: Market Size & Forecast
15.4.2 France: Market Size & Forecast
15.4.3 Germany: Market Size & Forecast
15.5 Key Market Trend, Enabler, & Restraint
16 APAC: Motorcycle Infotainment System Market
16.1 Market Overview
16.1.1 Historical Data 2015−2016
16.1.2 Market Size & Forecast 2017–2023
16.2 End-User Segmentation
16.2.1 Market Size & Forecast
16.3 Product Segmentation
16.3.1 Market Size & Forecast
16.4 Key Countries
16.4.1 China: Market Size & Forecast
16.4.2 Japan: Market Size & Forecast
16.4.3 India: Market Size & Forecast
16.5 Key Market Trend, Enabler, & Restraint
17 Latin America: Motorcycle Infotainment System Market
17.1 Market Overview
17.1.1 Historical Data 2015−2016
17.1.2 Market Size & Forecast 2017–2023
17.2 End-User Segmentation
17.2.1 Market Size & Forecast
17.3 Product Segmentation
17.3.1 Market Size & Forecast
17.4 Key Countries
17.4.1 Brazil: Market Size & Forecast
17.5 Key Market Trend, Enabler, & Restraint
18 MEA: Motorcycle Infotainment System Market
18.1 Market Overview
18.1.1 Historical Data 2015−2016
18.1.2 Market Size & Forecast 2017–2023
18.2 End-User Segmentation
18.2.1 Market Size & Forecast
18.3 Product Segmentation
18.3.1 Market Size & Forecast
18.4 Key Countries
18.5 Key Market Trend, Enabler, & Restraint
19 Competitive Landscape
19.1 Market Overview
20 Key Company profiles
20.1 Harman International (Samsung)
20.1.1 Business Overview
20.1.2 Business Segments
20.1.3 HARMAN in the Global Motorcycle Infotainment System Market
20.1.4 Major Product Offerings
20.1.5 Key Strengths
20.1.6 Key Strategies
20.1.7 Key Opportunities
20.2 Garmin
20.2.1 Business Overview
20.2.2 Business Segments
20.2.3 Garmin in the Global Motorcycle Infotainment System Market
20.2.4 Major Product Offerings
20.2.5 Key Strategies
20.2.6 Key Strengths
20.2.7 Key Opportunities
20.3 TomTom International
20.3.1 Business Overview
20.3.2 Business Segments
20.3.3 Key Strengths
20.3.4 Key Strategy
20.3.5 Key Opportunities
20.4 Robert Bosch
20.4.1 Business Overview
20.4.2 Business Segments
20.4.3 Robert Bosch in the Global Motorcycle Infotainment System Market
20.4.4 Major Product Offerings
20.4.5 Key Strengths
20.4.6 Key Strategy
20.4.7 Key Opportunities
20.5 Continental
20.5.1 Business Overview
20.5.2 Business Segments
20.5.3 Continental in the Global Motorcycle Infotainment System Market
20.5.4 Major Product Offerings
20.5.5 Key Strengths
20.5.6 Key Strategies
20.5.7 Key Opportunities
20.6 Polaris Industries
20.6.1 Business Overview
20.6.2 Business Segments
20.6.3 Polaris Industries in the Global Motorcycle Infotainment System Market
20.6.4 Major Product Offerings
20.6.5 Key Strengths
20.6.6 Key Strategy
20.6.7 Key Opportunities
21 Report Summary
21.1 Key Takeaways
21.2 Strategic Recommendations
21.3 Qualitative Summary
21.4 Quantitative Summary
21.4.1 North America
21.4.2 Europe
21.4.3 APAC
21.4.4 Latin America
21.4.5 MEA
22 Appendix
22.1 Abbreviations
List of Exhibits
Exhibit 1 Segmentation of Global Motorcycle Infotainment System Market
Exhibit 2 Market Size Calculation Approach 2017
Exhibit 3 Global Motorcycle Infotainment System Market Overview
Exhibit 4 Dual-income Households in the US (1970 vs. 2015)
Exhibit 5 Motorcycle Sales in India 2013–2017 (150 cc to 500 cc)
Exhibit 6 Motorcycle Sales in India 2013–2017 (500 cc and above)
Exhibit 7 APAC Real GDP Growth (annual percentage change)
Exhibit 8 Global Luxury Goods Market 2016 ($ billion)
Exhibit 9 Growth in Labor Costs in Various Chinese Cities in 2016
Exhibit 10 Global Market by Value Chain 2017
Exhibit 11 Global Market: Historical Data 2015−2016
Exhibit 12 Global Market 2017–2023 ($ million)
Exhibit 13 Global Market 2017–2023 (thousand units)
Exhibit 14 Motorcycle Infotainment Systems vs. Automotive Infotainment Systems 2017 ($ million)
Exhibit 15 Five Forces Analysis 2017
Exhibit 16 Global System Market by End-Users
Exhibit 17 Global Market by End-Users 2017 & 2023 ($ million)
Exhibit 18 Global Motorcycle Infotainment System Market by End-Users 2017 & 2023 (thousand units)
Exhibit 19 Global Market by End-User 2017–2023 ($ million)
Exhibit 20 Global Market by End-User 2017–2023 (thousand units)
Exhibit 21 Global Market by End-User 2017–2023 ($ million)
Exhibit 22 Global Market by End-User 2017–2023 (thousand units)
Exhibit 23 Global Motorcycle Infotainment System Market by OEM 2017–2023 ($ million)
Exhibit 24 Global Market by OEM 2017–2023 (thousand units)
Exhibit 25 Global Market by Aftermarket 2017–2023 ($ million)
Exhibit 26 Global Market by Aftermarket 2017–2023 (thousand units)
Exhibit 27 Global Motorcycle Infotainment System Market by Product
Exhibit 28 Global Market by Product 2017 & 2023 ($ million)
Exhibit 29 Global Market by Product 2017 & 2023 (thousand units)
Exhibit 30 Road Traffic Accident Data 2017 (Death Rate per 100,000, Age Standardized)
Exhibit 31 Global Market by Product 2017–2023 ($ million)
Exhibit 32 Global Market by Product 2017–2023 (thousand units)
Exhibit 33 Global Motorcycle Infotainment System Market by Product 2017–2023 ($ million)
Exhibit 34 Global Market by Product 2017–2023 (thousand units)
Exhibit 35 Global Market by Motorcycles 2017–2023 ($ million)
Exhibit 36 Systems Used by Major Players
Exhibit 37 Global Market by Motorcycles 2017–2023 (thousand units)
Exhibit 38 Global Market by Trikes 2017–2023 ($ million)
Exhibit 39 Global Market by Aftermarket 2017–2023 (thousand units)
Exhibit 40 Share of Geographies in Global Motorcycle Infotainment System Market 2017
Exhibit 41 CAGR of Key Geographies 2017−2023
Exhibit 42 Global Market: Historical Data 2015−2016
Exhibit 43 Market in North America 2017−2023 ($ million)
Exhibit 44 Market in North America 2017−2023 (thousand units)
Exhibit 45 Market in North America by End-User 2017–2023 ($ million)
Exhibit 46 Market in North America by End-User 2017–2023 (thousand units)
Exhibit 47 Market in North America by Product 2017–2023 ($ million)
Exhibit 48 Market in North America by Product 2017–2023 (thousand units)
Exhibit 49 New US Registration of Motorcycles 2013–2017 (thousand units)
Exhibit 50 Market in the US 2017–2023
Exhibit 51 Market in Mexico 2017–2023
Exhibit 52 Market in Canada 2017–2023
Exhibit 53 Motorcycle New Unit Sales in Canada
Exhibit 54 Motorcycle Infotainment System Market in Europe: Historical Data 2015−2016
Exhibit 55 Changes in Per Capita Disposable Income in EU-27+1 Countries 2006−2015
Exhibit 56 Market in Europe 2017−2023 ($ million)
Exhibit 57 Market in Europe 2017−2023 (thousand units)
Exhibit 58 Annual Savings Ratio of Western European Countries 2008−2017
Exhibit 59 Change in Annual Household Disposable Income in Europe 2008−2015 (%)
Exhibit 60 Motorcycle Infotainment System Market in Europe by End-User 2017–2023 ($ million)
Exhibit 61 Market in Europe by End-User 2017–2023 (thousand units)
Exhibit 62 Market in Europe by Product 2017–2023 ($ million)
Exhibit 63 Market in Europe by Product 2017–2023 (thousand units)
Exhibit 64 Market in Italy 2017–2023
Exhibit 65 Market in France 2017–2023
Exhibit 66 Market in Germany 2017–2023
Exhibit 67 Market in APAC: Historical Data 2015−2016
Exhibit 68 APAC Real GDP Growth (annual percentage change)
Exhibit 69 Gross Domestic Savings of Key APAC Countries 2008−2014 (percentage of income)
Exhibit 70 Increase in Urban Population in APAC (Overall Population %) 2005−2045
Exhibit 71 Market in APAC 2017−2023 ($ million)
Exhibit 72 Market in APAC 2017−2023 (thousand units)
Exhibit 73 Comparison of Southeast Asian Countries with Income Brackets 2010−2025
Exhibit 74 Market in APAC by End-User 2017–2023 ($ million)
Exhibit 75 Market in APAC by End-User 2017–2023 (thousand units)
Exhibit 76 Market in APAC by Product 2017–2023 ($ million)
Exhibit 77 Motorcycle Infotainment System Market in APAC by Product 2017–2023 (thousand units)
Exhibit 78 Market in China 2017–2023
Exhibit 79 Urban Households in China: Income Breakup 2010−2020
Exhibit 80 Market in Japan 2017–2023
Exhibit 81 Market in India 2017–2023
Exhibit 82 Market in Latin America: Historical Data 2015−2016
Exhibit 83 Motorcycle Infotainment System Market in Latin America 2017−2023 ($ million)
Exhibit 84 Market in Latin America 2017−2023 (thousand units)
Exhibit 85 Market in Latin America by End-User 2017–2023 ($ million)
Exhibit 86 Market in Latin America by End-User 2017–2023 (thousand units)
Exhibit 87 Motorcycle Infotainment System Market in Latin America by Product 2017–2023 ($ million)
Exhibit 88 Market in Latin America by Product 2017–2023 (thousand units)
Exhibit 89 Market in Brazil 2017–2023
Exhibit 90 Market in MEA: Historical Data 2015−2016
Exhibit 91 Market in MEA 2017−2023 ($ million)
Exhibit 92 Motorcycle Infotainment System Market in MEA 2017−2023 (thousand units)
Exhibit 93 Market in MEA by End-User 2017–2023 ($ million)
Exhibit 94 Motorcycle Infotainment System Market in MEA by End-User 2017–2023 (thousand units)
Exhibit 95 Motorcycle Infotainment System Market in MEA by Product 2017–2023 ($ million)
Exhibit 96 Market in MEA by Product 2017–2023 (thousand units)
Exhibit 97 Global Motorcycle Infotainment System Market Vendor Share 2017
Exhibit 98 Sales by Segment 2017 (%)
List of Tables
Table 1 Key Geographies Definition
Table 2 Key Caveats
Table 3 Currency Conversion 2013−2017
Table 4 Real GDP per Capita Growth in Various Developing Countries 2013–2016
Table 5 Premium Touring Bikes
Table 6 YOY Impact of Market Growth Enablers 2017−2023
Table 7 YOY Impact of Market Growth Enablers on Regions 2017
Table 8 Average Minimum Wages in Various APAC Countries
Table 9 YOY Impact of Market Growth Restraints 2017−2023
Table 10 YOY Impact of Market Growth Restraints on Regions 2017
Table 11 YOY Impact of Market Opportunities & Trends 2017−2023
Table 12 YOY Impact of Market Opportunities & Trends on Regions 2017
Table 13 Latin America by Key Macroeconomic Factors 2015
Table 14 HARMAN International (Samsung): Product Offerings
Table 15 Garmin: Product Offerings
Table 16 TomTom International: Product Offerings
Table 17 Bosch: Product Offerings
Table 18 Continental: Product Offerings
Table 19 Polaris Industries: Product Offerings
Table 20 Qualitative Summary of Global Motorcycle Infotainment System Market
Table 21 Global Motorcycle Infotainment System Market by Geography ($ million)
Table 22 Global Market by Geography (thousand units)
Table 23 Global Motorcycle Infotainment System Market by End-User ($ million)
Table 24 Global Market by End-User (thousand units)
Table 25 Global Motorcycle Infotainment System Market by Product ($ million)
Table 26 Global Market by Product (thousand units)
Table 27 Market in North America by End-User ($ million)
Table 28 Market in North America by End-User (thousand units)
Table 29 Market in North America by Product ($ million)
Table 30 Motorcycle Infotainment System Market in North America by Product (thousand units)
Table 31 Market in North America by Top Countries ($ million)
Table 32 Motorcycle Infotainment System Market in North America by Top Countries (thousand units)
Table 33 Market in Europe by End-User ($ million)
Table 34 Market in Europe by End-User (thousand units)
Table 35 Motorcycle Infotainment System Market in Europe by Product ($ million)
Table 36 Market in Europe by Product (thousand units)
Table 37 Motorcycle Infotainment System Market in Europe by Top Countries ($ million)
Table 38 Market in Europe by Top Countries (thousand units)
Table 39 Market in APAC by End-User ($ million)
Table 40 Market in APAC by End-User (thousand units)
Table 41 Motorcycle Infotainment System Market in APAC by Product ($ million)
Table 42 Market in APAC by Product (thousand units)
Table 43 Market in APAC by Top Countries ($ million)
Table 44 Market in APAC by Top Countries (thousand units)
Table 45 Market in Latin America by End-User ($ million)
Table 46 Market in Latin America by End-User (thousand units)
Table 47 Motorcycle Infotainment System Market in Latin America by Product ($ million)
Table 48 Market in Latin America by Product (thousand units)
Table 49 Market in Latin America by Top Countries ($ million)
Table 50 Market in Latin America by Top Countries (thousand units)
Table 51 Motorcycle Infotainment System Market in MEA by End-User ($ million)
Table 52 Market in MEA by End-User (thousand units)
Table 53 Market in MEA by Product ($ million)
Table 54 Market in MEA by Product (thousand units)
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