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
A substantial trend has been established in the Connected Motorcycle Market, with an increasing emphasis on the enhancement of rider safety and the improvement of the riding experience. Connectivity options are increasingly incorporating advanced features such as real-time navigation, weather updates, and vehicle diagnostics. This trend is furthered by the seamless integration of smartphones with motorcycle systems, which enables motorcyclists to access critical information with ease. This trend is being driven by the increasing demand for smart mobility solutions and the increasing adoption of smart technologies among consumers. The demand for efficient transportation solutions worldwide and the growing urbanization are among the primary market drivers.
The promotion of environmentally favorable vehicles by governments has resulted in the development of electric and hybrid-connected motorcycles, which contribute to the reduction of carbon emissions. The trend toward sustainability is also a driving force, as manufacturers reevaluate their strategies to develop environmentally favorable products. The Internet of Things (IoT) offers opportunities for improved data collection and analysis, thereby stretching the boundaries of performance and safety features. This is achieved through enhanced connectivity. The potential for collaboration between motorcycle manufacturers and technology companies is the focus of emerging opportunities in the Connected Motorcycle Market.
Companies can develop motorcycles that are more intelligent, feature predictive maintenance, and offer emergency services, by utilizing cutting-edge technologies like AI and machine learning. In conjunction with the expansion of the tourism industry, connected motorcycles provide consumers who are interested in adventurous journeys with distinctive experiences, thereby creating additional opportunities for market growth. Furthermore, the increased demand for motorcycling culture and lifestyles among newer generations suggests a robust future for this sector. As the market continues to develop, its trajectory will be substantially influenced by the ongoing advancements in technology and consumer preferences.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Connected Motorcycle Market Drivers
Increasing Urbanization and Traffic Congestion
The Connected Motorcycle Market Industry is witnessing significant growth due to the rapid increase in urbanization and resultant traffic congestion in major cities worldwide. According to the United Nations, more than 56 percent of the global population currently resides in urban areas, a figure that is expected to rise to 68 percent by 2050. This trend creates a demand for efficient modes of transportation, such as connected motorcycles, which are lauded for their ability to navigate through heavy traffic and provide a more agile alternative to traditional vehicles.
Estimations suggest that connected motorcycle sales could experience a surge by 25 percent over the next decade, driven by urban commuters looking for reliable, smart transportation solutions that also integrate technology for enhanced safety and connectivity. Companies like Honda and Yamaha are heavily investing in urban mobility solutions, thereby further accelerating this market segment and tapping into the need for connected transport systems in populated areas.
Technological Advancements in Motorcycle Connectivity
The Connected Motorcycle Market Industry is propelled by rapid advancements in connectivity technologies, such as the Internet of Things (IoT) and 5G. The International Telecommunication Union highlights that by 2026, 5G networks are expected to cover one-third of the world's population, providing a platform for smarter vehicles. Manufacturers are integrating features like real-time navigation, remote diagnostics, and emergency assistance into motorcycle systems.
As a result, the demand for connected motorcycles is anticipated to rise by 20 percent year-on-year, indicating a strong inclination towards tech-enhanced riding experiences. Companies like BMW Motorrad are leveraging these advancements to offer innovative features that cater to tech-savvy riders, thereby augmenting market growth.
Rising Demand for Autonomous Features
The Connected Motorcycle Market Industry is seeing remarkable progress due to the increasing consumer demand for autonomous features in motorcycles. According to the European Automobile Manufacturers Association, about 30 percent of motorcycle owners show a preference for vehicles equipped with advanced safety systems and autonomous functionalities. This transition towards greater connectivity and intelligence in motorcycle design is expected to boost sales significantly.
As a result, manufacturers such as Ducati and Kawasaki are investing heavily in Research and Development to integrate autonomous technologies into their products, advancing both safety and driving enjoyment. It is projected that the market for connected motorcycles will grow at a compound annual growth rate of around 15 percent between now and 2035, underscoring the consumer push for smarter riding options.
Connected Motorcycle Market Segment Insights:
Connected Motorcycle Market Technology Insights
The Connected Motorcycle Market demonstrates a notable growth trajectory, with the Technology segment playing a crucial role in enhancing motorcycle safety, navigation, and connectivity. By 2024, the overall market is projected to reach a valuation of 3.08 USD Billion, signifying robust industry expansion that is driven by increasing demand for advanced technological features in motorcycles. Among the various components, the Global Navigation Satellite System emerges as a vital technology, expected to grow from a value of 0.695 USD Billion in 2024 to 3.789 USD Billion by 2035, showcasing its significant contribution toward improving navigation accuracy and making rides safer.
This technology is essential in providing real-time data, which enhances user experience and illustrates the majority holding of navigation capabilities in the market. Vehicle-to-Vehicle Communication, valued at 0.574 USD Billion in 2024 and expected to expand to 3.158 USD Billion in 2035, is equally important as it fosters improved interaction between motorcycles, effectively reducing the risk of accidents by allowing vehicles to share vital information quickly. Additionally, Vehicle-to-Infrastructure Communication holds a valuation of 0.468 USD Billion in 2024 and is projected to grow to 2.526 USD Billion by 2035, indicating its potential in facilitating communication with traffic signals and infrastructure, which enhances traffic management and safety.
Meanwhile, Telematics, valued at 1.344 USD Billion in 2024 and anticipated to rise to 5.526 USD Billion in 2035, dominates the segment by providing essential data regarding vehicle performance, maintenance needs, and location, which empowers riders with critical information for both safety and convenience. These technologies not only enhance the functionality of connected motorcycles but also represent the forward momentum in the Connected Motorcycle Market, illustrating various intertwined aspects of technology adoption, user engagement, and safety enhancements in the growing motorcycle industry.
As the market evolves, these technologies are anticipated to redefine the riding experience, making the motorcycles smarter and more connected than ever before. The strategic emphasis on these technological advancements positions the Connected Motorcycle Market for continued transformation, presenting both challenges and opportunities for manufacturers and developers within the sector. As governments and regulatory bodies worldwide push for smarter transportation solutions, the relevance of these technologies in contributing to innovative, safe, and efficient riding experiences is paramount, mirroring the overall growth and direction of the industry on a global scale.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Connected Motorcycle Market Connectivity Type Insights
The Connected Motorcycle Market is experiencing significant growth driven by the evolving consumer preferences for advanced connectivity features in motorcycles. As of 2024, the market is expected to be valued at 3.08 USD Billion, showing a robust expansion trajectory as the demand for safety and navigation enhancements grows. Within the Connectivity Type segment, there are three key categories: Embedded, Tethering, and Integrated. Embedded connectivity solutions are pivotal as they provide built-in support for various applications directly in the motorcycle, enhancing user experience and functionality.
Tethering, on the other hand, allows mobile devices to connect, facilitating various services such as remote diagnostics and navigation without complex installations. Integrated solutions, often seen in high-end models, interlink multiple systems for seamless operation. These segments are crucial as they collectively drive the Connected Motorcycle Market revenue, catering to diverse consumer needs and trends towards smart mobility. The shift towards electric vehicles and smart technology is a significant growth driver, with a strong emphasis on safety features, improving connectivity options among manufacturers to stay competitive within the Connected Motorcycle Market industry.
Connected Motorcycle Market Application Insights
The Connected Motorcycle Market has shown steady growth in the Application segment, which includes critical areas such as Navigation, Safety Security, Vehicle Management, and Remote Diagnostics. By 2024, the market is projected to be valued at 3.08 USD Billion, reflecting the increasing integration of technology in motorcycles to enhance user experience and safety. Navigation systems are becoming vital for improving route efficiency and rider convenience, while Safety Security features are essential for protecting vehicles against theft and accidents.
The Vehicle Management aspect plays a significant role in monitoring motorcycle performance and maintenance needs, ensuring optimal functionality. Remote Diagnostics empowers users and service centers to troubleshoot issues remotely, reducing downtime and enhancing customer satisfaction. With an expected compound annual growth rate (CAGR) of 15.48 for the period from 2025 to 2035, the Connected Motorcycle Market segmentation is poised for substantial expansion, driven by advancements in technology and increasing consumer demand for smart solutions in riding.
Connected Motorcycle Market End Use Insights
The Connected Motorcycle Market is seeing robust growth, with an expected valuation of 3.08 USD Billion in 2024, driven in part by its diverse End Use segment. This segment is primarily divided into two significant categories: Personal Use and Commercial Use. Personal Use dominates the market, reflecting a growing trend among consumers seeking advanced features like navigation, connectivity, and safety enhancements in their motorcycles. This trend highlights the increasing appeal of connected technologies among individual riders who prioritize convenience and improved riding experiences.
In contrast, Commercial Use is also on the rise, as businesses recognize the potential for increased efficiency and fleet management through connected motorcycle technologies. With the overall market projected to reach 15.0 USD Billion by 2035, the Connected Motorcycle Market segmentation illustrates the increasing importance of these categories. The ongoing development of smart technologies and the Internet of Things creates a promising landscape for further innovations within both Personal and Commercial Use spaces. As more consumers and businesses embrace these advancements, the market is expected to experience continued upward momentum, positioning itself as a key player in the evolving transportation sector.
Connected Motorcycle Market Regional Insights
The Connected Motorcycle Market exhibits considerable growth across various regional markets, showcasing a diverse landscape. North America holds a significant position with a market value of 0.906 USD Billion in 2024, anticipated to rise to 5.9 USD Billion by 2035, indicating majority holding and reflecting the region's strong inclination towards technological advancement in the automotive sector. Europe closely follows with a valuation of 0.868 USD Billion in 2024, expected to reach 6.0 USD Billion by 2035, driven by robust demand for connectivity features in motorcycles.
The Asia Pacific region, valued at 0.679 USD Billion in 2024 and projected to grow to 1.8 USD Billion by 2035, is notable for its vast motorcycle markets and the increasing trend of urban mobility solutions. South America, although smaller, demonstrates growth potential with a current valuation of 0.151 USD Billion in 2024, expanding to 1.0 USD Billion by 2035 as motorcycle usage gains traction. Conversely, the Middle East and Africa's market is valued at 0.476 USD Billion in 2024 but is projected to decline to 0.3 USD Billion by 2035, highlighting challenges in market penetration and adoption.
Collectively, these regional insights reflect varying degrees of market maturity, consumer preferences, and regulatory environments impacting the Connected Motorcycle Market statistics. The diverse nature of these markets signifies unique growth opportunities and challenges, showcasing the dynamic landscape of connected motorcycle technology.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Connected Motorcycle Market Key Players and Competitive Insights:
The Connected Motorcycle Market is experiencing significant evolution, driven by advancements in technology and increasing connectivity expectations from consumers. As the motorcycle industry moves towards enhanced user experiences through smart features, various players are competing to innovate and differentiate their products. The growing awareness of the benefits of connected motorcycles, such as safety features, navigation aids, and vehicle diagnostics, is fostering a dynamic competitive landscape. Key industry participants are leveraging strategic collaborations, cutting-edge technologies, and diversified service offerings to capture market share and enhance their positions. As the market expands, the introduction of various connectivity solutions tailored for motorcyclists marks a pivotal shift, resulting in intensified competition among manufacturers, each vying for leadership in this niche yet rapidly growing sector.
BMW has established itself as a formidable competitor in the Connected Motorcycle Market, enjoying a strong presence due to its commitment to quality and innovation. The company is renowned for incorporating advanced technologies into its motorcycles, enhancing rider connectivity and safety. BMW's suite of connected features includes navigation systems, real-time traffic information, and smart emergency services, contributing to a sophisticated riding experience. Furthermore, the brand's strong reputation for performance, engineering excellence, and premium design has successfully attracted a dedicated customer base. BMW's focus on creating user-friendly interfaces and motorcycle connectivity has allowed the brand to position itself as a leader in the market, catering specifically to riders looking for both luxury and high-tech functionality.
Royal Enfield has a unique identity within the Connected Motorcycle Market, leveraging its heritage and contemporary evolution to capture a loyal customer base. The company offers a range of motorcycles that combine classic aesthetics with modern technology, including features that enhance connectivity. Royal Enfield is recognized for its strong brand presence, particularly in the mid-range motorcycle segment, where its products resonate with riders seeking a blend of nostalgia and modern advancements. The company's efforts in incorporating connected features have gradually expanded, allowing it to stay relevant in an evolving market landscape. Moreover, Royal Enfield has executed strategic mergers and acquisitions to bolster its technological capabilities and enhance its product offerings in the global arena, ensuring that it effectively meets the connectivity demands of a diverse rider segment. Their emphasis on accessibility and user engagement further reinforces their strengths in the Connected Motorcycle Market.
Key Companies in the Connected Motorcycle Market Include:
- BMW
- Royal Enfield
- KTM
- MV Agusta
- Yamaha
- Ducati
- Kawasaki
- Honda
- HarleyDavidson
- Piaggio
- Zero Motorcycles
- BMW Motorrad
- Honda Motorcycle
- Suzuki
Connected Motorcycle Market Industry Developments
The Connected Motorcycle Market has seen significant developments recently, with major motorcycle manufacturers like BMW, Honda, Yamaha, and Ducati making strides in integrating connected technologies into their vehicles. For instance, many companies are enhancing rider safety features and navigation systems through advanced connectivity solutions. In August 2023, BMW Motorrad announced the introduction of its new ConnectedRide Smartglasses, enabling riders to experience augmented reality while on the road.
Additionally, in early 2023, Royal Enfield launched its first connected motorcycle, which features real-time data tracking and sharing capabilities. The market is also witnessing increased investment in electric motorcycles, with Zero Motorcycles and Harley Davidson focusing on expanding their electric vehicle lineups.
Mergers and acquisitions have shaped the market, with Honda acquiring the electric motorcycle company Brammo in May 2023, further bolstering its electric mobility initiatives. The global connected motorcycle industry continues to grow, significantly impacting market valuations as companies invest heavily in technology and sustainability, ultimately enhancing rider experiences and safety worldwide. Over the last two years, there has been increased interest in regulatory standards for connected vehicles, promoting collaboration between manufacturers to advance connected motorcycle technology globally.
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
|
Report Attribute/Metric
|
Details
|
|
Market Size 2023
|
2.67 (USD Billion)
|
|
Market Size 2024
|
3.08 (USD Billion)
|
|
Market Size 2035
|
15.0 (USD Billion)
|
|
Compound Annual Growth Rate (CAGR)
|
15.48% (2025 - 2035)
|
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
|
Base Year
|
2024
|
|
Market Forecast Period
|
2025 - 2035
|
|
Historical Data
|
2019 - 2024
|
|
Market Forecast Units
|
USD Billion
|
|
Key Companies Profiled
|
BMW, Royal Enfield, KTM, MV Agusta, Yamaha, Ducati, Kawasaki, Honda, HarleyDavidson, Piaggio, Zero Motorcycles, BMW Motorrad, Honda Motorcycle, Suzuki
|
|
Segments Covered
|
Technology, Connectivity Type, Application, End Use, Regional
|
|
Key Market Opportunities
|
Increasing demand for smart features, Expansion of IoT connectivity, Growth in electric motorcycle adoption, Rising focus on safety technologies, Government incentives for connected vehicles
|
|
Key Market Dynamics
|
Rising demand for smart vehicles, Government regulations on emissions, Advancements in IoT technology, Increasing consumer safety concerns, Growing popularity of ride-sharing services
|
|
Countries Covered
|
North America, Europe, APAC, South America, MEA
|
Connected Motorcycle Market Highlights:
Frequently Asked Questions (FAQ) :
The Connected Motorcycle Market is expected to reach a valuation of 15.0 billion USD by 2035.
The market is anticipated to grow at a CAGR of 15.48 percent during the period from 2025 to 2035.
North America is projected to have a significant market share, valued at approximately 5.9 billion USD by 2035.
The Global Navigation Satellite System technology is valued at 0.695 billion USD in 2024.
Major players in the Connected Motorcycle Market include BMW, Royal Enfield, KTM, Yamaha, and Harley Davidson.
The Vehicle-to-Vehicle Communication technology is expected to reach a value of 3.158 billion USD by 2035.
Telematics technology in the Connected Motorcycle Market is anticipated to grow to 5.526 billion USD by 2035.
The Asia Pacific region is projected to reach a market size of 1.8 billion USD by 2035.
The industry faces challenges such as regulatory hurdles and the need for robust safety standards.
Emerging trends in smart technology and increasing rider demand for connectivity present significant growth opportunities.
