Connected Motorcycle Market Overview:
As per MRFR analysis, the Connected Motorcycle Market Size was estimated at 2.67 (USD Billion) in 2023. The Connected Motorcycle Market Industry is expected to grow from 3.08(USD Billion) in 2024 to 15 (USD Billion) by 2035. The Connected Motorcycle Market CAGR (growth rate) is expected to be around 15.48% during the forecast period (2025 - 2035).
Key Connected Motorcycle Market Trends Highlighted
Significant changes in the Connected Motorcycle Market are being driven by both changing customer demands and technological advancements. Riding a motorbike is becoming more enjoyable because of increased connection features like GPS navigation, real-time diagnostics, and communication systems. Because riders place a higher value on convenience and safety, manufacturers are including cutting-edge technologies like accident warning features and anti-lock braking systems. Government programs encouraging sustainable transportation and environmental concerns are driving the popularity of electric and hybrid bikes. This change is in line with the worldwide movement to embrace eco-friendly methods and lower carbon emissions.
There are opportunities in rising metropolitan regions where there is an increasing need for intelligent and effective commuting solutions. By offering solutions that improve rider safety and ease traffic management, connected motorbikes can help with urban transportation issues. Additionally, new economic opportunities are created by the possible integration of connected bikes with ride-sharing systems. In order to provide riders with a smooth and simple experience, recent trends show that user interface enhancements in connected motorbike platforms are receiving more attention. This involves creating smartphone apps that let consumers interact with other passengers and obtain car information.
Additionally, collaborations between motorcycle manufacturers and technology firms are becoming more common, aiming to create innovative products that cater to the tech-savvy consumer base. Governments worldwide are encouraging the adoption of smart transportation solutions, leading to potential investments in infrastructure that supports connected motorcycles. The combination of technological advancements and supportive regulatory frameworks is expected to bolster the growth of the Connected Motorcycle Market, making it an exciting sector for innovation and investment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Connected Motorcycle Market Drivers
Increasing Urbanization and Demand for Sustainable Transportation
The trend of increasing urbanization globally is driving the demand for efficient and sustainable modes of transportation. According to the United Nations, approximately 55% of the world’s population lived in urban areas as of 2020, and this number is projected to reach 68% by 2050. This urban population surge is resulting in congested traffic, leading to a pressing need for alternatives to traditional automobiles. Connected motorcycles, often perceived as more agile and eco-friendly, serve as a timely solution to alleviate urban congestion.
Major motorcycle manufacturers, as well as technology providers, are investing in the development of connected motorcycle technologies, which cater to the needs of urban dwellers seeking mobility solutions that are not only convenient but also lessen their environmental footprint. The Connected Motorcycle Market Industry is expected to benefit significantly from initiatives aimed at promoting greener urban transportation, aligning with policy trends observed in regions such as Europe, where electric vehicles and shared mobility solutions are being encouraged to meet sustainability targets.
Technological Advancements in Connectivity Features
Technological advancements in connectivity features are a major driver for growth in the Connected Motorcycle Market Industry. With the rise of the Internet of Things (IoT), motorcycles are becoming more equipped with features like smart navigation, vehicle diagnostics, and ride telemetry. For instance, the European Telecommunications Standards Institute has been pushing for Enhanced Mobile Broadband and Vehicle-to-Everything communication protocols that promote seamless connectivity.
Research indicates that motorcycles with connected features can enhance road safety by providing real-time data to users and addressing issues such as traffic conditions and weather updates. As manufacturers like BMW and Honda embrace this integration of advanced technology into their motorcycle designs, the market is set to witness a spike in demand due to enhanced consumer interest in high-tech motorcycles, which can improve both convenience and safety in transportation.
Rising Interest in Recreational Riding
The increasing popularity of recreational riding globally is significantly contributing to the growth of the Connected Motorcycle Market Industry. According to data from the Motorcycle Industry Council, in the past five years, there has been a 25% increase in motorcycle registrations for recreational activities such as touring and off-roading in various regions, particularly in North America and Europe. This trend indicates a growing consumer inclination towards leisure activities that involve motorcycles, and as enthusiasts turn to connected motorcycles, the market continues to expand.
Brand engagement from companies like Harley-Davidson, which actively promotes a lifestyle surrounding motorcycle ownership, further fuels the interest in recreational riding. As consumers demand motorcycles that align with their adventurous interests while incorporating modern connected features, manufacturers are transitioning their offerings to meet these evolving marketing dynamics.
Connected Motorcycle Market Segment Insights:
Connected Motorcycle Market Technology Insights
The Connected Motorcycle Market, particularly within the Technology segment, has demonstrated robust growth and evolution. In 2024, the market is poised to present a comprehensive valuation of 3.08 USD Billion. This progressive trajectory underpins the rising integration of advanced technologies within motorcycles, enhancing user experiences and safety features. Among the notable segments is the Global Navigation Satellite System, which holds a significant valuation of 0.604 USD Billion in 2024, accounting for a fundamental aspect of connected motorcycles through precise location tracking and navigation assistance.
This technology facilitates efficient route planning and has become increasingly essential for riders looking to navigate busy urban environments. Additionally, Vehicle-to-Vehicle Communication is expected to reach a valuation of 0.528 USD Billion in 2024. The significance of this segment lies in its ability to enhance road safety by enabling motorcycles to communicate with one another in real-time, thereby helping riders avoid potential accidents. Likewise, the Vehicle-to-Infrastructure Communication segment, valued at 0.453 USD Billion, plays a crucial role by allowing motorcycles to interact with various infrastructure elements such as traffic signals and road signs, improving overall traffic management and rider safety.
Telematics leads the way with a notable valuation of 1.495 USD Billion in 2024, showcasing its importance in monitoring vehicle diagnostics and performance metrics remotely. This segment is particularly important as it provides both manufacturers and riders with crucial data that can lead to enhanced vehicle performance and maintenance schedules. As the Connected Motorcycle Market continues to evolve, these technological advancements are expected to contribute significantly to market growth, driven by the increasing demand for safer and more connected riding experiences, emphasizing the tailored solutions that these technology segments offer in a rapidly advancing industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Connected Motorcycle Market Connectivity Type Insights
The Connected Motorcycle Market continues to evolve, driven by advancements in technology and changing consumer preferences. In 2024, the market is set to be valued at approximately 3.08 USD Billion, reflecting a growing interest in connectivity solutions within motorcycles. The Connectivity Type segment is integral to this growth, comprising various methods such as Embedded, Tethering, and Integrated systems. Each of these methods plays a pivotal role in enhancing the rider experience. Embedded systems are crucial in providing seamless connectivity directly within the motorcycle, allowing for advanced features and functionalities.
Tethering relies on external devices like smartphones, which is gaining traction due to the growing reliance on mobile connectivity. Integrated systems, on the other hand, combine both approaches, offering enhanced communication capabilities and data management. As the Connected Motorcycle Market expands, these connectivity types represent significant opportunities for innovation, ensuring riders benefit from improved safety, navigation, and entertainment options. The ongoing trend towards smart technologies and the increasing demand for data connectivity in real-time are expected to further bolster market growth, making the Connectivity Type segment a key area of focus for stakeholders and industry players.
Connected Motorcycle Market Application Insights
The Connected Motorcycle Market is poised for significant growth, particularly in the Application segment, which comprises essential areas such as Navigation, Safety and Security, Vehicle Management, and Remote Diagnostics. In 2024, the overall market is projected to reach a valuation of 3.08 USD Billion, progressing towards 15.0 USD Billion by 2035, reflecting robust market growth fueled by advancements in technology and rising consumer demand for improved safety and connectivity. The Navigation application plays a crucial role, enhancing rider experience through real-time updates and route optimization, while Safety and Security applications ensure rider protection by incorporating features like anti-theft systems and emergency alerts.
Vehicle Management applications allow users to monitor motorcycle performance and maintenance needs, leading to more informed and timely decisions, while Remote Diagnostics provides pivotal data that aids in troubleshooting and service scheduling. As these applications gain traction, the Connected Motorcycle Market segmentation increasingly highlights the importance of enhanced user experience, safety improvements, and efficient vehicle operations, solidifying its relevance in the rapidly evolving motorcycle industry. Furthermore, the growth drivers largely stem from increasing urbanization, technological advancements, and a growing emphasis on rider safety, alongside challenges such as the integration of sophisticated technologies and market competition.
Connected Motorcycle Market End Use Insights
The Connected Motorcycle Market is significantly influenced by its End Use segment, which includes Personal Use and Commercial Use. In 2024, the overall market is expected to be valued at 3.08 USD Billion, showcasing a strong inclination towards connected technologies. Personal Use is notable for catering to individual riders who seek enhanced safety, connectivity, and entertainment features from their motorcycles, which drives demand in the market. Meanwhile, Commercial Use plays a pivotal role in logistics and fleet management, enabling businesses to leverage advanced tracking and communication systems for efficient operations.
The growth in these areas reflects a broader trend where consumers and companies alike are increasingly prioritizing technological advancements in mobility solutions, transforming traditional riding experiences. With a projected CAGR of 15.48 from 2025 to 2035, it is evident that both segments are unlocking new opportunities for innovation. The Connected Motorcycle Market revenue growth is underpinned by these segmented needs, emphasizing the importance of user-centric designs and smart functionalities, making the market more dynamic and appealing to diverse user bases.
Connected Motorcycle Market Regional Insights
The Connected Motorcycle Market is witnessing significant growth across various regions, with an overall valuation reaching 3.08 USD Billion in 2024 and projected to attain 15.0 USD Billion by 2035. North America holds a majority share, with a valuation of 1.24 USD Billion in 2024 and expected to grow to 5.96 USD Billion by 2035, driven by advancements in motorcycle technology and increasing consumer interest in connectivity features. Europe follows closely, with valuations of 0.98 USD Billion in 2024 and 4.75 USD Billion in 2035, fueled by rising demand for smart automotive solutions.
In the APAC region, the market is valued at 0.68 USD Billion in 2024 and is projected to grow to 3.34 USD Billion by 2035, benefiting from increasing urbanization and the growing number of motorcyclists. South America and the Middle East and Africa (MEA) are relatively smaller markets, with valuations of 0.12 USD Billion and 0.06 USD Billion in 2024, respectively, highlighting growth opportunities through better infrastructure and increased motorcycle adoption. The prominence of North America in the Connected Motorcycle Market underscores the region's role as a leader in innovation and investment in motorcycle technologies.
Each region's market growth is driven by unique factors, including technological development, urbanization, and increasing awareness of connected vehicles.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Connected Motorcycle Market Key Players and Competitive Insights:
The Connected Motorcycle Market has seen significant growth and transformation in recent years, with advancements in technology driving the adoption of smart and connected features in motorcycles. This competitive landscape is characterized by various key players striving to innovate and capture market share through the integration of IoT, navigation systems, connectivity features, and enhanced safety mechanisms. Emerging trends in consumer preferences, such as a growing emphasis on sustainability and urban mobility, are reshaping the competitive dynamics within this market. As manufacturers focus on creating value through connected solutions, the competition intensifies, highlighting the importance of research and development, strategic partnerships, and efficient marketing strategies to thrive in this evolving industry.
KTM has positioned itself as a formidable player in the Connected Motorcycle Market by leveraging its strong brand recognition and innovative engineering capabilities. The company is known for its commitment to performance and quality, which resonates well with consumers seeking high-tech motorcycles embedded with connectivity features. KTM's strengths include a robust product lineup that integrates advanced telemetry systems and app-based functionalities, enhancing rider experience and convenience. With a strategic focus on expanding its global footprint, KTM has effectively tailored its offerings to meet the demands of different markets while maintaining its core values. The company’s proactive approach to fostering collaborations with tech firms enhances its ability to innovate and respond to the evolving needs of connected riders.
Honda has established a significant presence in the Connected Motorcycle Market through its diverse range of motorcycles and innovative technologies. The company is recognized for its commitment to developing advanced connectivity solutions, which have been instrumental in differentiating its products in a competitive landscape. Honda offers various key products featuring integrated communication systems, navigation aids, and safety technologies, appealing to a wide demographic of riders. In recent years, Honda has engaged in strategic mergers and acquisitions to bolster its technological capabilities and expand its product offerings, thereby solidifying its market position. Furthermore, Honda's strengths lie in its extensive research and development efforts, enabling it to maintain a competitive edge by delivering cutting-edge connectivity features that enhance the overall riding experience for consumers on a global scale.
Key Companies in the Connected Motorcycle Market Include:
- KTM
- Honda
- Zero Motorcycles
- Suzuki
- Piaggio
- HarleyDavidson
- Kawasaki
- Yamaha
- Energica
- Lightning Motorcycles
- Royal Enfield
- BMW
- Gogoro
- Ducati
- Indian Motorcycles
Connected Motorcycle Market Industry Developments
Recent developments in the Connected Motorcycle Market have showcased the increasing integration of technology and connectivity in the motorcycle industry. Companies like KTM, Honda, and Yamaha have been leading the charge in developing feature-rich connected motorcycles that enhance rider safety and improve user experience. In terms of mergers and acquisitions, a notable event occurred in January 2023 when Harley-Davidson announced a strategic partnership with a technology startup to enhance its smart motorcycle features, which reflects the growing importance of digital connectivity in the sector.
Additionally, Zero Motorcycles has seen considerable growth, reporting an increase in market valuation due to rising demand for electric motorcycles equipped with smart technology. Similarly, Piaggio and Kawasaki have been investing in Research and Development to innovate IoT applications in their motorcycles. Over the past few years, major advancements include Suzuki's launch of a cloud-based system in June 2022 that connects riders with data analytics for enhanced performance monitoring. The global push towards sustainable mobility and regulatory support for electric vehicles continues to influence market dynamics, driving companies to adapt and offer connected solutions that align with consumer preferences and environmental standards.
Connected Motorcycle Market Segmentation Insights
Connected Motorcycle Market Technology Outlook
- Global Navigation Satellite System
- Vehicle-to-Vehicle Communication
- Vehicle-to-Infrastructure Communication
- Telematics
Connected Motorcycle Market Connectivity Type Outlook
- Embedded
- Tethering
- Integrated
Connected Motorcycle Market Application Outlook
- Navigation
- Safety Security
- Vehicle Management
- Remote Diagnostics
Connected Motorcycle Market End Use Outlook
- Personal Use
- Commercial Use
Connected Motorcycle Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
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Report Attribute/Metric
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Details
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Market Size 2023
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2.67(USD Billion)
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Market Size 2024
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3.08(USD Billion)
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Market Size 2035
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15.0(USD Billion)
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Compound Annual Growth Rate (CAGR)
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15.48% (2025 - 2035)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2024
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Market Forecast Period
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2025 - 2035
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Historical Data
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2019 - 2024
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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KTM, Honda, Zero Motorcycles, Suzuki, Piaggio, HarleyDavidson, Kawasaki, Yamaha, Energica, Lightning Motorcycles, Royal Enfield, BMW, Gogoro, Ducati, Indian Motorcycles
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Segments Covered
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Technology, Connectivity Type, Application, End Use, Regional
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Key Market Opportunities
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growing demand for safety features, integration of smartphone connectivity, expansion of electric motorcycles, advancements in IoT technology, increase in smart city initiatives
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Key Market Dynamics
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Technological advancements, Rising consumer demand, Enhanced safety features, Government regulations, Growing connectivity solutions
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Connected Motorcycle Market Highlights:
Frequently Asked Questions (FAQ) :
The Connected Motorcycle Market is valued at 3.08 billion USD in 2024.
By 2035, the Connected Motorcycle Market is projected to reach a valuation of 15.0 billion USD.
The expected CAGR for the Connected Motorcycle Market from 2025 to 2035 is 15.48 percent.
In 2024, North America is dominated the Connected Motorcycle Market with a valuation of 1.24 billion USD.
Europe is anticipated to have a market size of 4.75 billion USD in the Connected Motorcycle Market by 2035.
Key players in the Connected Motorcycle Market include major companies such as KTM, Honda, and Harley-Davidson.
The Global Navigation Satellite System segment is expected to reach a size of 4.0 billion USD by 2035.
The Vehicle-to-Vehicle Communication segment is projected to reach a market size of 3.5 billion USD by 2035.
The market for Telematics is expected to grow from 1.495 billion USD in 2024 to 4.5 billion USD by 2035.
The Connected Motorcycle Market faces challenges like competition and technological changes, but it also has opportunities in emerging technologies and increasing demand for connectivity.
