South Africa Connected Motorcycle Market (2024-2030) | Outlook, Value, Revenue, Analysis, Industry, Growth, Share, Trends, Size, Companies, Forecast

Market Forecast By Hardware (Embedded, Tethered), By Communication Type (V2V, V2I), By Network Type (C-V2X, DSRC) And Competitive Landscape

Product Code: ETC4568689 Publication Date: Jul 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

Topics Covered in the South Africa Connected Motorcycle Market Report

South Africa Connected Motorcycle Market report thoroughly covers the market by Network Type, Hardware, and Communication Type. The market report provides an unbiased and detailed analysis of the ongoing 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.

South Africa Connected Motorcycle Market Synopsis

The motorcycle industry in South Africa has been steadily growing, with an increase in demand for various types of motorcycles including commuter bikes, cruisers, and sports bikes. The connected motorcycle market in South Africa is experiencing a period of significant growth, driven by advancements in telematics and the increasing penetration of IoT technology. These motorcycles come equipped with smart features such as GPS navigation, real-time tracking, and advanced safety systems like automated collision alerts and emergency call functions.

According to 6Wresearch, South Africa Connected Motorcycle Market size is expected to grow at a significant CAGR of 5.5% during the forecast period 2024-2030. One of the primary drivers for connected motorcycle technology is safety and security. With advanced sensors and telematics systems, connected motorcycles can provide real-time information on road conditions, traffic congestion, and potential hazards. Another driver for the adoption of connected motorcycles is cost savings. These motorcycles can provide real-time data on fuel efficiency, maintenance needs, and potential issues.

This can lead to significant cost savings. Connected motorcycles also offer added convenience and comfort for riders. With features like GPS navigation, music streaming, hands-free calling, and voice control, riders can stay connected while driving. The market expansion is further bolstered by rising consumer demand for enhanced safety and convenience, as well as the increasing popularity of ride-hailing services and shared mobility solutions, contributing to the South Africa Connected Motorcycle Market growth. One of the major challenges for the growth of the connected motorcycle market in South Africa is infrastructure. The country still lags in proper road and communication infrastructure, making it difficult for these motorcycles to fully utilize their capabilities. The cost of these advanced motorcycles is high which is a significant challenge for the market. There is a lack of awareness about connected motorcycle technology among South African riders. Many are still not familiar with the benefits and features these motorcycles offer, making it challenging for companies to market and sell them effectively.

South Africa Connected Motorcycle Market: Leading Players

One of the leading players in the connected motorcycle market in South Africa is BMW Motorrad, a subsidiary of the German automotive giant BMW Group. The company offers a range of smart and connected motorcycles with features such as GPS navigation, smartphone connectivity, and emergency call functions. Another major player is Harley-Davidson which has introduced its own version of connected motorcycles with features like voice-activated controls and mobile app integration. KTM AG, a leading Austrian motorcycle manufacturer, also offers connected motorcycles in the South African market with features such as real-time data monitoring and navigation systems.

South Africa Connected Motorcycle Market: Government Regulations

The South African government has been actively promoting the adoption of connected technology in the automotive industry, including the motorcycle sector. The Department of Trade and Industry (DTI) launched a new incentive program aimed at promoting research and development in advanced manufacturing technologies, including connected vehicles. The program offers financial support to companies investing in these technologies and aims to position South Africa as a leader in this emerging market. Additionally, the government has also introduced regulations and standards for connected vehicles to ensure safety and security for consumers.

Future Insights of the Market

South Africa connected motorcycle market share is expected to increase in the coming years. Factors that are driving the market are increasing urbanization, a growing middle class, and rising demand for convenient and efficient transportation. Moreover, advancements in technology and increasing awareness about the benefits of connected motorcycles are also contributing to market growth. The market is expected to witness a shift towards electric and hybrid-connected motorcycles in the future, as consumers become more environmentally conscious.

Market Segmentation by Hardware

According to Dhaval, Research Manager, 6Wresearch, the Embedded segment dominates the market. Embedded offers advanced features such as real-time data collection and analysis, automatic emergency response, and remote diagnostics.

Market Segmentation by Network Type

Based on the Network Type, the C-V2X segment is the fastest-growing in the market. This enables motorcycles to communicate with other vehicles, infrastructure, and pedestrians through a cellular network. C-V2X offers a range of features such as collision avoidance, emergency braking, and improved navigation, making it a popular choice among consumers.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • South Africa Connected Motorcycle Market Outlook
  • Market Size of South Africa Connected Motorcycle Market, 2023
  • Forecast of South Africa Connected Motorcycle Market, 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Revenues & Volume for the Period 2020 - 2030
  • South Africa Connected Motorcycle Market Trend Evolution
  • South Africa Connected Motorcycle Market Drivers and Challenges
  • South Africa Connected Motorcycle Price Trends
  • South Africa Connected Motorcycle Porter's Five Forces
  • South Africa Connected Motorcycle Industry Life Cycle
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By Hardware for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By Embedded for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By Tethered for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By Communication Type for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By V2V for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By V2I for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By Network Type for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By C-V2X for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Connected Motorcycle Market Revenues & Volume By DSRC for the Period 2020 - 2030
  • South Africa Connected Motorcycle Import Export Trade Statistics
  • Market Opportunity Assessment By Hardware
  • Market Opportunity Assessment By Communication Type
  • Market Opportunity Assessment By Network Type
  • South Africa Connected Motorcycle Top Companies Market Share
  • South Africa Connected Motorcycle Competitive Benchmarking By Technical and Operational Parameters
  • South Africa Connected Motorcycle Company Profiles
  • South Africa Connected Motorcycle Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Hardware

  • Embedded
  • Tethered

By Communication Type

  • V2V
  • V2I

By Network Type

  • C-V2X
  • DSRC
South Africa Connected Motorcycle Market (2024-2030): FAQs
The South Africa Connected Motorcycle Market size is expected to grow at a significant CAGR of 5.5% during the forecast period 2024-2030.
Some of the leading players in the South African connected motorcycle market include BMW Motorrad, Harley-Davidson, and KTM AG.
The advancements in telematics, the increasing penetration of IoT technology, and rising consumer demand for enhanced safety and convenience features.
The connected motorcycle market faces several challenges such as the high costs associated with advanced connectivity features, insurance concerns, and the need for robust infrastructure to facilitate seamless connectivity.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 South Africa Connected Motorcycle Market Overview
3.1 South Africa Country Macro Economic Indicators
3.2 South Africa Connected Motorcycle Market Revenues & Volume, 2020 & 2030F
3.3 South Africa Connected Motorcycle Market - Industry Life Cycle
3.4 South Africa Connected Motorcycle Market - Porter's Five Forces
3.5 South Africa Connected Motorcycle Market Revenues & Volume Share, By Hardware, 2020 & 2030F
3.6 South Africa Connected Motorcycle Market Revenues & Volume Share, By Communication Type, 2020 & 2030F
3.7 South Africa Connected Motorcycle Market Revenues & Volume Share, By Network Type, 2020 & 2030F
4 South Africa Connected Motorcycle Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 South Africa Connected Motorcycle Market Trends
6 South Africa Connected Motorcycle Market, By Types
6.1 South Africa Connected Motorcycle Market, By Hardware
6.1.1 Overview and Analysis
6.1.2 South Africa Connected Motorcycle Market Revenues & Volume, By Hardware, 2020 - 2030F
6.1.3 South Africa Connected Motorcycle Market Revenues & Volume, By Embedded, 2020 - 2030F
6.1.4 South Africa Connected Motorcycle Market Revenues & Volume, By Tethered, 2020 - 2030F
6.2 South Africa Connected Motorcycle Market, By Communication Type
6.2.1 Overview and Analysis
6.2.2 South Africa Connected Motorcycle Market Revenues & Volume, By V2V, 2020 - 2030F
6.2.3 South Africa Connected Motorcycle Market Revenues & Volume, By V2I, 2020 - 2030F
6.3 South Africa Connected Motorcycle Market, By Network Type
6.3.1 Overview and Analysis
6.3.2 South Africa Connected Motorcycle Market Revenues & Volume, By C-V2X, 2020 - 2030F
6.3.3 South Africa Connected Motorcycle Market Revenues & Volume, By DSRC, 2020 - 2030F
7 South Africa Connected Motorcycle Market Import-Export Trade Statistics
7.1 South Africa Connected Motorcycle Market Export to Major Countries
7.2 South Africa Connected Motorcycle Market Imports from Major Countries
8 South Africa Connected Motorcycle Market Key Performance Indicators
9 South Africa Connected Motorcycle Market - Opportunity Assessment
9.1 South Africa Connected Motorcycle Market Opportunity Assessment, By Hardware, 2020 & 2030F
9.2 South Africa Connected Motorcycle Market Opportunity Assessment, By Communication Type, 2020 & 2030F
9.3 South Africa Connected Motorcycle Market Opportunity Assessment, By Network Type, 2020 & 2030F
10 South Africa Connected Motorcycle Market - Competitive Landscape
10.1 South Africa Connected Motorcycle Market Revenue Share, By Companies, 2023
10.2 South Africa Connected Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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