Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Hardware (Embedded, Tethered), By Communication Type (V2V, V2I), By Network Type (C-V2X, DSRC) And Competitive Landscape
Product Code: ETC4605059 | Publication Date: Jul 2023 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | Africa Connected Motorcycle Market |
Forecast period | 2024-2030 |
CAGR | 10.6% |
Growing Sector | Automobile |
The Africa Connected Motorcycle market report thoroughly covers the market by hardware, by network type and by countries. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Africa Connected Motorcycle Market is projected to grow from approximately USD 200 million in 2024 to around USD 350 million by 2030, with a compound annual growth rate (CAGR) of 10.6% during this period. This growth is driven by the increasing adoption of smart technologies in motorcycles, such as GPS navigation, vehicle tracking, and advanced safety features, aimed at enhancing rider safety and experience. The rising demand for affordable and efficient transportation solutions, particularly in urban areas, is further propelling market expansion. Additionally, growing interest in sustainable mobility solutions and government initiatives to support the adoption of connected vehicles are expected to significantly contribute to the growth of the connected motorcycle market in Africa through 2030.
The Africa Connected Motorcycle Market is experiencing notable growth, driven by increasing urbanization and advancements in technology. As more African cities expand and modernize, the demand for connected motorcycles, which offer features like GPS navigation, real-time diagnostics, and enhanced safety measures, is rising. Key factors contributing to this market's expansion include the growing need for efficient and reliable transportation solutions, the proliferation of mobile internet access, and supportive government initiatives aimed at improving road safety and infrastructure. With significant investments in connectivity and digital innovations, the market is set to witness robust growth, offering new opportunities for both manufacturers and consumers across the continent.
According to 6Wresearch, Africa Connected Motorcycle market size is projected to grow at a CAGR of 10.6% during 2024-2030. The growth of the Africa Connected Motorcycle Market is primarily driven by several key factors. Rapid urbanization across the continent is increasing the demand for efficient and technologically advanced transportation solutions. The expanding mobile internet infrastructure and rising smartphone penetration are facilitating the adoption of connected features such as GPS navigation and real-time diagnostics. Additionally, growing concerns about road safety and the need for more reliable transportation are encouraging investments in advanced motorcycle technologies. Government initiatives aimed at improving transportation infrastructure and safety also play a crucial role in boosting market growth. Together, these factors are creating a fertile environment for the expansion of the connected motorcycle segment in Africa.
Government initiatives in Africa are significantly contributing to the growth of the Connected Motorcycle Market by focusing on enhancing transportation infrastructure and safety. Many African governments are investing in smart city projects that integrate advanced technologies, including connected transportation solutions, to improve urban mobility and reduce traffic congestion. Additionally, policies and programs aimed at increasing road safety, such as stricter regulations on vehicle standards and the promotion of advanced safety features, are creating a supportive environment for the adoption of connected motorcycles. By fostering innovation and upgrading infrastructure, these initiatives are facilitating the integration of connected technologies into the motorcycle sector, thereby accelerating market growth.
Key companies driving the Africa Connected Motorcycle Market include major global and regional players such as Honda Motor Co., Ltd., Yamaha Motor Co., Ltd., and Bajaj Auto Ltd., which are at the forefront of integrating advanced connectivity features into their motorcycle offerings. Additionally, technology firms like Bosch and Continental are contributing by providing cutting-edge solutions for GPS tracking, real-time diagnostics, and safety systems. Local manufacturers and startups are also emerging, leveraging innovative technologies to cater to the unique needs of the African market. These companies are playing a pivotal role in shaping the market through their investments in technology and adaptation to local conditions.
The future of the Africa Connected Motorcycle Market looks promising, with anticipated advancements in technology and increased adoption of smart features. As connectivity infrastructure continues to expand across the continent, motorcycles equipped with advanced digital solutions such as IoT integration, autonomous driving aids, and enhanced safety systems are expected to become more prevalent. The integration of artificial intelligence and machine learning will further enhance the capabilities of connected motorcycles, offering improved navigation, predictive maintenance, and personalized user experiences. Additionally, as governments and private sector players continue to invest in urban mobility and infrastructure, the market is likely to experience accelerated growth, with greater opportunities for innovation and expansion in the coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, in the Africa Connected Motorcycle Market, various types of hardware are utilized to enable connectivity and advanced features. Embedded hardware refers to integrated systems within the motorcycle itself, such as on-board computers, GPS modules, and sensors that provide real-time data on vehicle performance, location, and safety. This type of hardware is designed to be permanently installed and seamlessly integrated into the motorcycle's infrastructure. On the other hand, tethered hardware includes external devices that connect to the motorcycle, such as smartphones or tablets equipped with specialized apps and connectivity modules. These devices link to the motorcycle via Bluetooth or other communication protocols to offer additional functionalities like navigation, diagnostics, and performance monitoring. Both embedded and tethered hardware play crucial roles in enhancing the connected motorcycle experience by providing comprehensive data and improved user interactions.
In the Africa Connected Motorcycle Market, key countries driving growth include Nigeria, South Africa, Kenya, and Egypt. Nigeria stands out due to its large and rapidly growing urban population, which increases the demand for efficient and connected transportation solutions. South Africa, with its developed infrastructure and strong automotive industry, is a significant player in adopting advanced motorcycle technologies. Kenya's expanding tech ecosystem and rising smartphone penetration make it a promising market for connected motorcycles. Egypt, with its strategic location and substantial population, is also a key market where government initiatives and infrastructure developments are fostering growth in connected motorcycle adoption. Together, these countries are leading the way in shaping the future of connected transportation in Africa.
The Africa Connected Motorcycle market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Connected Motorcycle Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Connected Motorcycle Market Revenues & Volume, 2020 & 2030F |
3.3 Africa Connected Motorcycle Market - Industry Life Cycle |
3.4 Africa Connected Motorcycle Market - Porter's Five Forces |
3.5 Africa Connected Motorcycle Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Africa Connected Motorcycle Market Revenues & Volume Share, By Hardware, 2020 & 2030F |
3.7 Africa Connected Motorcycle Market Revenues & Volume Share, By Communication Type, 2020 & 2030F |
3.8 Africa Connected Motorcycle Market Revenues & Volume Share, By Network Type, 2020 & 2030F |
4 Africa Connected Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Connected Motorcycle Market Trends |
6 Africa Connected Motorcycle Market, 2020 - 2030 |
6.1 Africa Connected Motorcycle Market, Revenues & Volume, By Hardware, 2020 - 2030 |
6.2 Africa Connected Motorcycle Market, Revenues & Volume, By Communication Type, 2020 - 2030 |
6.3 Africa Connected Motorcycle Market, Revenues & Volume, By Network Type, 2020 - 2030 |
7 South Africa Connected Motorcycle Market, 2020 - 2030 |
7.1 South Africa Connected Motorcycle Market, Revenues & Volume, By Hardware, 2020 - 2030 |
7.2 South Africa Connected Motorcycle Market, Revenues & Volume, By Communication Type, 2020 - 2030 |
7.3 South Africa Connected Motorcycle Market, Revenues & Volume, By Network Type, 2020 - 2030 |
8 Nigeria Connected Motorcycle Market, 2020 - 2030 |
8.1 Nigeria Connected Motorcycle Market, Revenues & Volume, By Hardware, 2020 - 2030 |
8.2 Nigeria Connected Motorcycle Market, Revenues & Volume, By Communication Type, 2020 - 2030 |
8.3 Nigeria Connected Motorcycle Market, Revenues & Volume, By Network Type, 2020 - 2030 |
9 Kenya Connected Motorcycle Market, 2020 - 2030 |
9.1 Kenya Connected Motorcycle Market, Revenues & Volume, By Hardware, 2020 - 2030 |
9.2 Kenya Connected Motorcycle Market, Revenues & Volume, By Communication Type, 2020 - 2030 |
9.3 Kenya Connected Motorcycle Market, Revenues & Volume, By Network Type, 2020 - 2030 |
10 Rest of Africa Connected Motorcycle Market, 2020 - 2030 |
10.1 Rest of Africa Connected Motorcycle Market, Revenues & Volume, By Hardware, 2020 - 2030 |
10.2 Rest of Africa Connected Motorcycle Market, Revenues & Volume, By Communication Type, 2020 - 2030 |
10.3 Rest of Africa Connected Motorcycle Market, Revenues & Volume, By Network Type, 2020 - 2030 |
11 Africa Connected Motorcycle Market Key Performance Indicators |
12 Africa Connected Motorcycle Market - Opportunity Assessment |
12.1 Africa Connected Motorcycle Market Opportunity Assessment, By Countries, 2020 & 2030F |
12.2 Africa Connected Motorcycle Market Opportunity Assessment, By Hardware, 2020 & 2030F |
12.3 Africa Connected Motorcycle Market Opportunity Assessment, By Communication Type, 2020 & 2030F |
12.4 Africa Connected Motorcycle Market Opportunity Assessment, By Network Type, 2020 & 2030F |
13 Africa Connected Motorcycle Market - Competitive Landscape |
13.1 Africa Connected Motorcycle Market Revenue Share, By Companies, 2023 |
13.2 Africa Connected Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |