Motorcycle e-Call Market Size, Share, Analysis and Forecasts To 2021
Market Research Analysts forecast global motorcycle ecall market to grow at a CAGR of 211.85 % during the period 2017-2021.
According to the report, one driver in market is growing electrification of mechanical components, increasing use of electronic components in motorcycles. The global demand for high-powered motorcycles is on the rise. The development of one component brings forth other components that increase the efficiency and riding experience of the rider. This demand is enabling the rapid electrification of mechanical components, and driving the adoption of infotainment systems and connectivity in motorcycles. This will increase the adoption of eCall systems in the motorcycle segment.
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Further, the report states that one challenge in market is low return on investment for standalone eCall system for OEMs. The countries of the EU have taken many initiatives for laying the foundation for the installation of eCall systems. One such initiative is the waiver of telephone roaming charges across member states in 2014 to establish a favorable ecosystem for interoperability of eCall systems across Europe. Despite such initiatives, OEMs are still skeptical about the installation of eCall systems owing to the lower return on investment. This can be attributed to the fact that the revenue generated from eCall system depends on rare events such as accidents.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Motorcycle eCall
The global motorcycle eCall market is concentrated, and only a few firms operate across the world. New players, particularly from the automotive eCall market are expected to enter the motorcycle segment during the forecast period. Therefore, the competition among the vendors is expected to intensify during the forecast period. This will result in product extensions and technological innovations.
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Covered in this report
The report covers the present scenario and the growth prospects of the global motorcycle ecall market for 2017-2021. To calculate the market size, the report includes the entire range of motorcycle eCall systems available in the market.