Global Motorcycle Immobilizer Market 2017-2021

Overview of the global motorcycle immobilizer market

Technavio’s market research report predicts that the global motorcycle immobilizer market will grow at a CAGR of nearly 8% through the predicted timeline, ranging from 2017 – 2021. One of the primary drivers of the market’s growth is the rising motorbike security and insurance claims. Based on the statistics from the motorcycle industry association, about 43% of motorcycle insurance claims were thefts in England and Wales in 2012. To counter this, it is anticipated that the insurance companies in the future may consider a claim of a motorcycle theft based on inspection of the immobilizer fitted onto a motorcycle. Moreover, the anti-theft devices will need to have a security and safety approval by organizations such as Thatcham, a safety test approval authority, for the use of immobilizers in motorcycles driving the market’s growth.

One of the latest trends that will gain traction in the global motorcycle immobilizer market is the usage of bike security system using fingerprint GSM and GPS. The biometrics recognition system using GSM and GPS is a safe, dependable, and a cost-effective form of theft alarm system. Moreover, the tentative outcome of biometric recognition shows that it can be a capable way of reducing the theft of motorcycles in the future.  

Competitive analysis and key vendors

The global motorcycle immobilizer market is at its developing stage with limited suppliers and is facing intense competition among the reputed vendors. The manufacturers in the market mainly offer electronic immobilizers, engine immobilizers, remote keyless entry systems, and transponder-based car immobilizer systems fixed in the cruiser and sports bikes to differentiate their products from competitors.

Key vendors in the market include:

• Bosch
• Continental
• Delphi Automotive
• Hella
• Mitsubishi Electric Corporation

Other prominent vendors include Atmel Corporation, Infineon Technologies, Microchip Technology, NXP Semiconductors, Sandhar Technologies, and Scorpion Automotive.

Segmentation by application and analysis of the motorcycle immobilizer market

• Cruiser bikes
• Commuter bikes
• Sports bikes

During 2016, the cruiser bikes segment dominated the application segment and are expected to continue the domination over the next four years. Factors like rising penetration of cruiser bikes and increasing number of manufacturer mergers will drive the growth in developing countries during the forecasted period.

Segmentation by geography and analysis of the motorcycle immobilizer market

• Americas
• APAC
• Europe

In terms of geography, the Americas dominated the market for motorcycle immobilizers during 2016 and is expected to grow higher over the next four years. The major contributing factor for the region’s growth is the increasing demand for motorcycles and high rate of motorcycle thefts.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?            
• What are the key factors driving the global motorcycle immobilizer market?
• What are the key market trends impacting the growth of the global motorcycle immobilizer market?
• What are the challenges to market growth?
• Who are the key vendors in the global motorcycle immobilizer market?
• What are the market opportunities and threats faced by the vendors in the global motorcycle immobilizer market?
• What are the trending factors influencing the market shares of the Americas, APAC, and Europe.
• What are the key outcomes of the five forces analysis of the global motorcycle immobilizer market?

Technavio also offers customization on reports based on specific client requirement.

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