About Motorcycle Immobilizer
A motorcycle immobilizer is an electronic security device that is used to prevent theft of motorcycles. Based on the online survey, approximately 67% of the motorcycles are at risk of thefts. However, Vehicle Theft Protection Program, an educational initiative in North America which was started by the National Insurance Crime Bureau (NICB) is involved in helping motorcycle owners to better understand how to protect their assets from theft. Increasing theft activity of motorcycles and the rising number of motorcycle owners are anticipated to foster the market growth in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Germany Manufacturers will contribute the maximum growth to Global Motorcycle Immobilizer market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bosch Limited (Germany), Continental AG (Germany), Delphi Automotive (Ireland), Hella KGaA Hueck & Co. (Germany), Mitsubishi Motors (Japan), NXP Semiconductors N. V. (Japan), Infineon Technologies (Germany), Atmel Corporation (United States) and Microchip Technology (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Sandhar Technologies Limited (India), Scorpion Automotive (United Kingdom) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Immobilizer market by Type (Installation Type and Non Installation Type), Application (Cruiser bikes, Commuter bikes and Sports bikes) and Region.
On the basis of geography, the market of Motorcycle Immobilizer 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 Tracking System, the sub-segment i.e. Global Positioning System (GPS) will boost the Motorcycle Immobilizer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Usage of Bike Security System using Fingerprint GSM and GPS and The Advent of Keyless Entry System and it's Frequent Adoption
Market Growth Drivers:
Increasing Motorcycle Touring Activities, Rising Incident of Motorcycle Thefts and Increasing Demand for Motorcycle Immobilizer for Safety and Security Purpose
Challenges:
Power Failure Associated with Keyless Entry System is Posing a Challenge for the Market
Restraints:
High Cost of Motorcycle Immobilizer System and its Operations
Opportunities:
Flourishing Automobile Industry Coupled with Rapid Increase in the Motorcycles
Market Leaders and their expansionary development strategies
In April 2020, TVS Motor Company announced the acquisition of the United Kingdom’s most iconic sporting motorcycle ‘Norton’ in an all-cash deal, for USD16 million, by acquiring certain assets of Norton Motorcycles (UK) (in administration), through one of TVS Motor’s overseas arms. This would be among the most interesting acquisitions of a storied motorcycle maker, and reflects TVS’ and India’s rapidly rising prominence in the global two-wheeler market.
In April 2024, Yamaha has launched the new S version of its popular sport scooter, the Aerox 155, in India. The S denotes Smart Key which comes with this version of the Aerox as standard and it is available exclusively with Silver and Racing Blue colour options. With a price tag of Rs. 1,50,600 (ex-showroom, Delhi), the Aerox 155 S is Rs. 1,500 and Rs. 3,000 more expensive than the standard and MotoGP trims, respectively.
Key Target Audience
Motorcycle Immobilizer System Manufacturer, Potential Investors, Industry Associations, Government and Regulatory Bodies, Venture capitalists and Others
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.