Global Motorcycle Connectors Market 2017-2021

Overview of the global motorcycle connectors market

Research analysis on the global motorcycle connectors market identifies that the increase in electronic content in motorcycles will be one of the major factors that will have a positive impact on the growth of the market. The increase in demand for motorcycles has resulted in high market competition over the past decade. The manufacturers in the motorcycle industry are compelled to offer value-added features for motorcycles, mostly in the form of electronics. The development of vehicle speed sensors on motorcycles resulted in the development of ABS technology that keeps track of the vehicle speed through a sensor and regulates the braking pressure accordingly. In addition, the advancements of electronic fuel injection and ride-by-wire technologies has paved the way for the introduction of motorcycle cruise control mechanisms. These developments have also led to the introduction of complete electric motorcycles that are high in efficiency, environment-friendly, and as powerful as traditional motorcycles. This in turn, will contribute to the growth of the motorcycle connectors market over the next four years. Technavio's market research analysts predict that this market will grow at a CAGR of 10% by 2021.

The emergence of big players who target motorcycle infotainment systems is one of the latest trends that will contribute to the growth of this market in the forthcoming years. The motorcycle infotainment system is at a developing stage, but is expected to witness steady growth during the forecast period due to the favorable environmental conditions. The key factor that drives this growth will be the introduction of new players in the market. Presently, only Harley-Davidson includes infotainment systems in their models, while Honda and BMW Motorrad include the system only in a few of their respective models. This trend is about to change with the introduction of established players in the automotive segment. For instance, in 2015, Indian Motorcycle introduced the new Roadster with an advanced infotainment system as a launch pad for other models. The company has incorporated car-style LCD infotainment screens instead of the traditional styled dials for their classic-style motorcycles. The rise in the concentration for motorcycle infotainment systems will have a positive impact on the motorcycle connectors market during the forecast period.

Competitive landscape and key vendors  

The motorcycle connectors market is concentrated with the presence of a few vendors. The rising demand for motorcycles and the increased demand for safety systems will result in the market's steady growth. Moreover, the market will experience substantial growth in APAC due to the strong economic conditions, increase in disposable income, the growing demand for motorcycles, and the rising safety concerns among consumers.

The leading vendors in the market are -

• TE Connectivity
• Yazaki
• Delphi Automotive
• Sumitomo Electric Wiring Systems
• Japan Aviation Electronics Industry

The other prominent vendors in the market are Hirose Electric, Hu Lane Associates, KOREA ELECTRIC TERMINAL, Molex, Rosenberger, Amphenol, and KYOCERA Corporation.

Segmentation by vehicle type and analysis of the motorcycle connectors market

• Commuter motorcycle
• Premium motorcycle

During 2016, the commuter motorcycle segment accounted for the major shares of the motorcycle connectors market. Factors such as the increased sales of motorcycles and high traffic congestions in emerging countries such as China and India, will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the motorcycle connectors market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the motorcycle connectors market throughout the forecast period. The rapid adoption of advanced safety technologies, such as braking systems, TPMS, and BSD, coupled with the stringent safety regulations and parameters set by international agencies, will drive the growth of the market in APAC.

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 connectors market?
• What are the key market trends impacting the growth of the global motorcycle connectors market?
• What are the challenges to market growth?
• Who are the key vendors in the global motorcycle connectors market?
• What are the market opportunities and threats faced by the vendors in the global motorcycle connectors market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global motorcycle connectors market?

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

A motorcycle connector is a device which transmits electric signals from the power source to the electronic equipment. It is also capable of connecting the internal controls of a machine. This upcoming market research report on the global motorcycle connectors market is an essential part of Technavio?s automotive industry and offers insights into the automotive electronics sector. The upcoming market research report on the global motorcycle connectors market also covers vendors like Yazaki, Sumitomo Electric Wiring Systems, Delphi Automotive, TE Connectivity, Japan Aviation Electronics Industry, Hu Lane Associates, Hirose Electric, Korea Electric Terminal, Molex, Rosenberger, Fischer Connectors, Amphenol, and Kyocera.

Market research analysts at Technavio conduct an extensive qualitative and quantitative research to develop a complete overview of the market by considering factors such as market drivers, total market size, and growth potential of the market to offer the clients insights into the latest developments in the market space. This market study also offers a complete analysis of the automotive electronics sector by gathering information from expert opinions, research journals, and consumer surveys.

This market research report on the global motorcycle connectors market also takes into account the growth of related markets like the motorcycle immobilizer and motorcycle oxygen sensor, which are anticipated to grow at a CAGR of nearly 8% and 14%, respectively, by 2021. This report on the global motorcycle connectors market also covers geographies like the APAC, EMEA, and the Americas to give clients insights into the growth of the market across various regions.

The upcoming research report on the global motorcycle connectors market also covers key business intelligence areas such as market growth rate, emerging trends, competitive landscape, and the opportunities and challenges faced by the industry in the automotive electronics market. Additionally, it also covers an analysis of related sectors of the automotive electronics industry like automotive services, automotive components, and auto accessories.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.