About Motorcycle Sensors
Sensors are used to detect, measure, and transmit the data or information by continuously analyzing motorcycle performance in the automotive industry. The sensors are basically used in the advanced systems, which help in cutting down on fuel consumption and other hydrocarbon emissions. In addition to these performance benefits, the integration of sensors also helps by providing greater levels of onboard safety, comfort, and convenience. With advancements in sensors technology, the sensors designers and developers are working on the efficiency and reliability of sensors based applications. With shifting focus towards increasing the reliability of the motorcycle coupled with improved output performance has been a key driving factor for the growth of the motorcycle sensors market across the globe. Numerous manufacturers are focusing on introducing advanced technology sensors in order to improve the performance characteristics of the performance of the motorcycles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. Leading suppliers have been working on the sensor technology front to make modern systems more functional and accurate than ever. Analyst at AMA Research estimates that Japanese, United States and German Players will contribute the maximum growth to Global Motorcycle Sensors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sensata Technologies (United States), Continental (Germany), Delphi Automotive (Republic of Ireland), DENSO (Japan), Robert Bosch (Germany), Bourns (United States), Hitachi (Japan), Hyundai KEFICO (Korea), Infineon (Germany) and ZF Friedrichshafen (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Gill (United Kingdom), Murata (Japan), NGK Spark Plug (Japan), Stoneridge (United States), Takata (Japan) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Sensors market by Type (Position, Process, Motion and Others), Application (OEM, OES and IAS) and Region.
On the basis of geography, the market of Motorcycle Sensors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Motorcycle, the sub-segment i.e. Standard will boost the Motorcycle Sensors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Engine, the sub-segment i.e. Up to 500cc will boost the Motorcycle Sensors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of oxygen monitoring sensor to control air-fuel ratio and .
Market Growth Drivers:
An increase in electronic components per motorcycle and Leading suppliers have been working on the sensor technology
Challenges:
The high cost associated with the raw materials and changing technology
Restraints:
Improper tuning of sensors
Opportunities:
Rapid developments and enhancements in the field of powertrain, safety, comfort, and convenience technology
Market Leaders and their expansionary development strategies
Technology company Continental announced the successful completion of the acquisition of Kathrein Automotive GmbH after antitrust authorities officially cleared the transaction. Incorporating the automotive division of Rosenheim-based antenna and satellite technology manufacturer Kathrein is a move that will give Continental an important key segment to add to its wealth of expertise
The technology company Continental has launched a new universal service tool for tire pressure monitoring systems (TPMS). With the VDO TPMS Go device, workshops cannot only program all common universal sensors for cars but also read out nearly every TPMS sensor on the market
Key Target Audience
Industry Investors, Motorcycle Sensor Providers/Vendors, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Product Suppliers/ Buyers, Research Institutes, Original Equipment Manufacturer, Component Supplier, Distributors, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.