Connected Motorcycle Market
Connected Motorcycle Market
The market for Connected Motorcycle was estimated at $96.70 million in 2024; it is anticipated to increase to $1.81 billion by 2030, with projections indicating growth to around $20.87 billion by 2035.
Report Summary
Table of Contents
Methodology
Market Data
Global Connected Motorcycle Market Outlook
Revenue, 2024 (US$M)
$96.7M
Forecast, 2034 (US$B)
$12.80B
CAGR, 2024 - 2034
63.0%
The Connected Motorcycle industry revenue is expected to be around $157.6 million in 2025 and expected to showcase growth with 63.0% CAGR between 2025 and 2034.
Embracing the forefront of advancements is Connected Motorcycles that harness technologies, like the IOT (Io T) advanced sensor integration, Telematics and AI (AI) to offer a top notch and engaging riding experience.
Market Key Insights
- The Connected Motorcycle market is projected to grow from $96.7 million in 2024 to $12.80 billion in 2034. This represents a CAGR of 63%, reflecting rising demand across Vehicle Management and Telematics Systems, Real-time Traffic and Weather Updates and Innovative Safety and Security Features.
- BMW Group, Honda Motor Co. Ltd, Yamaha Motor Co. Ltd lead the market as major players which determine its competitive dynamics.
- U.S. and Germany are the top markets within the Connected Motorcycle market and are expected to observe the growth CAGR of 60.5% to 88.2% between 2024 and 2030.
- Emerging markets including Vietnam, Argentina and South Africa are expected to observe highest growth with CAGR ranging between 47.3% to 65.5%.
- The Connected Motorcycle market will experience a $1.9 billion growth boost through 2030 because of IoT integration in motorbikes.
- The Connected Motorcycle market is set to add $12.7 billion between 2024 and 2034, with industry players targeting Safety & Entertainment Service Categories projected to gain a larger market share.
- With Rising concerns about road safety, and Adoption of the iot in vehicles, Connected Motorcycle market to expand 13140% between 2024 and 2034.
Opportunities in the Connected Motorcycle
The increasing global awareness about the environment has sparked a growing fascination, with motorcycles that are interconnected.
Growth Opportunities in North America and Europe
North America Outlook
In North America's market for motorcycles with connectivity capabilities is on the rise because of the expanding community of bikers and the heightened attention to motorcycle safety from authorities. The competition in this region is intense with leading brands such as Harley Davidson and BMW in the mix; however it also presents opportunities for advancements in product design and technology integration along with targeted marketing strategies, for consumer segments.
Europe Outlook
In comparison to this is the market which thrives on a deep love for motorsports and strict safety and emission standards in place. Its a competitive arena with well known names like Ducati and KTM dominating the scene. The focus is on improving navigation capabilities, establishment of a network, for connectivity and enrichening the overall user experience.
Market Dynamics and Supply Chain
01
Driver: Rising Concerns about Road Safety, and Demand for Advanced Telematics and Riding Assistance
The growing worldwide emphasis on ensuring road safety plays a role in driving the expansion of the Connected Motorcycle industry Forward looking motorcycles provide cutting edge capabilities such, as live location monitoring crash detection and traffic alerts to bolster road safety they complement smartphones and smart gadgets to boost rider safety and provide a smooth riding experience The rising desire for a driving experience with modern telematics and ride support is also also boosting market expansion forward. The incorporation of cutting edge features like GPS navigation and autonomous emergency braking systems, in top notch motorcycles is also prompting an increasing number of brands to embrace this technology.
The growing use of the IOT in connected motorcycles has also created opportunities for market growth. Motorbikes equipped with sensors offer essential details such, as speed, distance covered, tire pressure, fuel levels and other vehicle diagnostics instantly enrich ing the overall riding adventure.
The growing use of the IOT in connected motorcycles has also created opportunities for market growth. Motorbikes equipped with sensors offer essential details such, as speed, distance covered, tire pressure, fuel levels and other vehicle diagnostics instantly enrich ing the overall riding adventure.
02
Restraint: High Initial Set-up Cost
The connected motorcycle industry could encounter an obstacle due to the high costs involved in setting up these advanced systems. Connected motorcycles utilize cutting edge technologies like IoT ML applications and AI algorithms to provide features such as real time tracking and enhanced safety measures. The expenses associated with incorporating these technologies may result in a rise in the total cost of the motorcycle which could make it less accessible to middle income customers. These financial barriers might impede the acceptance of connected motorcycles, on a global scale.
03
Opportunity: The Advent of 5G and Untapped Market of Middle-Income Consumers
The emergence of generation technology is creating various avenues for growth in the Connected Motorcycle industry sector. There are possibilities for real time traffic updates and communication among vehicles which can enhance safety measures and provide a riding experience for users. Additionally the technology enables motorcycles to link with vehicles, on road structures and even devices used by pedestrians resulting in a wide range of innovative possibilities being explored.
There is a portion of the worlds population in the middle income bracket that serves as an unexplored market for Connected Motorcycles technology wise consumers from developing nations want more advanced features in their vehicles as their buying power grows within this demographic sector the demand, for Connected Motorcycles could see a significant increase.
There is a portion of the worlds population in the middle income bracket that serves as an unexplored market for Connected Motorcycles technology wise consumers from developing nations want more advanced features in their vehicles as their buying power grows within this demographic sector the demand, for Connected Motorcycles could see a significant increase.
04
Challenge: Limited Consumer Awareness
Lack of consumer understanding and awareness regarding the various advantages of connected motorcycles may also hinder the expansion of this market significantly.
Supply Chain Landscape
1
Raw Material Providers
ArcelorMittal
Alcoa Corporation
2
Component Manufacturers
Bosch
Continental AG
3
Motorcycle Manufacturers
Yamaha Corporation
BMW AG
4
End Users
Motor Vehicle Industry
Rental Agencies
1
Raw Material Providers
ArcelorMittal
Alcoa Corporation
2
Component Manufacturers
Bosch
Continental AG
3
Motorcycle Manufacturers
Yamaha Corporation
BMW AG
4
End Users
Motor Vehicle Industry
Rental Agencies
*The illustration highlights the key stakeholders within the supply chain ecosystem.
Applications of Connected Motorcycle in Vehicle Management & Telematics Systems, Real-time Traffic & Weather Updates & Innovative Safety & Security Features
Vehicle Management and Telematics Systems
Connected motorcycles utilize telematics systems to transmit data such as fuel levels, tire pressure and engine condition directly to a mobile app on the riders smartphone. This provides the benefit of receiving maintenance notifications for peak motorcycle performance. Known brands, in this industry consist of BMW Motorrad and Harley Davidson.
Innovative Safety and Security Features
Motorcycles that are connected are changing the game when it comes to keeping riders safe with features like GPS tracking to prevent theft and advanced rider assistance systems for added security and emergency alerts in case of accidents to notify help promptly. Major players in the market such, as Ducati and Kawasaki are incorporating these advancements into their motorcycles.
Real-time Traffic and Weather Updates
Embedded connectivity solutions in connected motorcycles allow for the provision of up to date information about weather conditions and traffic congestion in time – a distinctive feature that enhances route optimization for quicker and safer rides; Yamaha and Honda are, at the forefront of pioneering these advancements in the market of connected motorcycles.
Recent Developments
December 2024
Yamaha Motors introduced their Yamaha AI Rider motorcycle equipped with AI technology. This innovative bike provides riders, with traffic alerts and predictive maintenance features to enhance safety on the road and extend the lifespan of the motorcycle.
November 2024
Harley Davidson teamed up with T Mobile to integrate generation connectivity into their smart motorcycle models to enhance communication speed and efficiency.
August 2024
BMW Motorrad has introduced a service, for their connected motorcycles that allows riders to easily update their bikes software without having to go to a service center.
in the Connected Motorcycle market there has been a shift towards enhancing safety and interactivity. One key advancement is the merging of intelligence navigation tools, with real time traffic updates result in a safer and more personalized riding experience. This integration of technology allows for predicting potential risks and suggesting the best routes for riders to take.
Impact of Industry Transitions on the Connected Motorcycle Market
As a core segment of the Automotive & Mobility industry,
the Connected Motorcycle market develops in line with broader industry shifts.
Over recent years, transitions such as Integration of IoT in Motorbikes and Rising Popularity of Electric Motorcycles have redefined priorities
across the Automotive & Mobility sector,
influencing how the Connected Motorcycle market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Integration of IoT in Motorbikes
The motorcycle industry is undergoing a transformation with the introduction of IOT . Smart motorcycles equipped with technology now provide features such as live tracking and remote monitoring capabilities along, with enhanced safety features. This innovation aims to improve the riding experience by promoting safety measures and providing valuable insights into rider behavior and preferences based on data analysis. This industry transition is expected to add $1.9 billion in the industry revenue between 2024 and 2030.
02
Rising Popularity of Electric Motorcycles
The surging trend of motorcycles gaining traction marks a significant shift in the industry landscape due to heightened consciousness towards environmental preservation and notable progress, in battery innovation that is attracting more consumers towards opting for electric motorcycles.