Global Motorcycle Start-stop System Market 2017-2021

Overview of the global motorcycle start-stop system market

Market research analysts at Technavio predict that the global motorcycle start-stop system market will grow steadily during the next four years at a CAGR of around 13% by 2021. This market research analysis also identifies the rise in commuter motorcycle sales as one of the primary growth factors for this market. Nearly 60% of the global two-wheeler market is dominated by India and China, which face a high demand for commuter class bikes. For Instance, Hero Splendor sold nearly 2.5 million units during 2015 to 2016, making it the best-selling motorcycle in the country. Similarly, Honda also launched its CB Shine range of bikes equipped with the start-stop system in the Indian market. The prime focus of the two-wheeler markets in India and China is to produce motorcycles for economy and fast travel. Moreover, the number of vehicles on the roads are increasing with the rising purchasing power of the middle class. Consequently, with the increase in number of commuter bikes fitted with start-stop systems, the market will experience steady growth over the next few years.

The electrification of mechanical components is one of the latest trends that will gain traction in the global motorcycle start-stop system market. The rising demand for vehicles fitted with components that improve efficiency and riding experience will result in the rapid electrification of mechanical components. The primary goal of the industry is to build an autonomous motorcycle that is electronically driven by onboard computers. For instance, the development of vehicle speed sensors resulted in the development of the anti-lock braking system, which monitors vehicle speeds through sensors and controls braking pressure accordingly. Further, the consumer needs and OEM offerings has been extended to include safety, performance, and comfort with these parameters being refined and made better every day.

Competitive landscape and key vendors  

The global motorcycle start-stop system market has only one key player and India is the only country in the world to have motorcycles equipped with start-stop systems. During the forecast period, the market is likely to witness major motorcycle OEMs such as Bajaj and TVS launching their models with start-stop system, making the competition much more intense.

The leading vendors in the market are -

• Hero MotoCorp

The other prominent vendors in the market are Bosch, Shindengen, TE Connectivity, Honda, SKF, and Yamaha Motor.               

Segmentation by motorcycle type and analysis of the motorcycle start-stop system market

• Commuter motorcycles
• Premium commuter motorcycles

During 2016, the  commuter motorcycles segment accounted for the major shares of the motorcycle start-stop system market. However, the premium commuter motorcycles will lead the market during the forecast period due to the changing market dynamics and improvements in the motorcycle market and improving economic conditions in the developing countries.

Geographical segmentation and analysis of the motorcycle start-stop system market

• India
• Rest of the World (ROW)

This market study estimates that in terms of geographic regions, India will be the major revenue contributor to the market throughout the forecast period. Presently, India is the only country in the world to have a start-stop system equipped motorcycle and factors such as the higher use of two-wheelers for their daily commute, rising traffic congestion in Indian cities, and need for fuel economy drive the market growth in the region.

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 start-stop system market?
• What are the key market trends impacting the growth of the global motorcycle start-stop system market?
• What are the challenges to market growth?
• Who are the key vendors in the global motorcycle start-stop system market?
• What are the market opportunities and threats faced by the vendors in the global motorcycle start-stop system market?
• Trending factors influencing the market shares of India and ROW.
• What are the key outcomes of the five forces analysis of the global motorcycle start-stop system market?

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

Start-stop batteries are a type of rechargeable vehicle batteries, which work on a start-stop mechanism. It also shuts off the engine when the vehicle is idle. Technavio’s reports for the automotive industry includes a wide range of product markets including automotive components and automotive manufacturing. In addition to providing information on a varied range of parameters including the uncertain consumer preferences and many aspects driving the growth of the market, Technavio’s reports also include a thorough insight of the market-leading companies, their latest products and services, market size, and the competitive scenario.

Technavio’s market research experts conform to a mix of primary and secondary research techniques and analyze multiple factors such as the rising demand for different products and services globally and help clients to form new strategies for growth. This upcoming market research report on the global motorcycle start-stop system market for the assessment period of 2017 to 2021 offers insights derived from the data collected from several reliable sources of information such as suppliers, stakeholders, producers, and various regulatory bodies. Technavio also provides tailored reports based on the specific requirements of the clients.

This upcoming industry research report on global motorcycle start-stop system market takes into account the growth of related market such as automotive software, which is forecasted to grow at a CAGR of 11% by 2021. The upcoming industry research report for the global motorcycle start-stop market also identifies the important market drivers and major trends coupled with the major problems currently experienced by vendors in the automotive electronics sector. It also offers insights into wheels and tires and powertrain market.