According to Technavio’s latest market research study, the global motorcycle immobilizer market is expected to grow at a CAGR of close to 8% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global motorcycle immobilizer market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the application type
Click here to request a free sample of this report
The top three revenue contributing application segments are discussed below:
Global motorcycle immobilizer market by cruiser bikes segment: In this segment, Harley-Davison has approximately 50% market share in the US. Approximately 95% of the cruiser models of Harley-Davidson use immobilizers. Immobilizers are also fitted in other major cruiser bike manufacturers in the US such as Triumph and Yamaha Star. The market’s growth during the forecast period will be driven by the rising sales of cruiser bikes, spurred by increased purchasing power of people, growing urbanization, and growth of HNWIs who have net assets worth USD 1 million and more
“The immobilizers have a high penetration in most of the models of Harley-Davidson, Triumph, and other top cruiser model bikes in countries such as Germany, the UK, and France,” says Neelam Barua, a lead analyst at Technavio for research on automotive electronics.
Global motorcycle immobilizer market by sports bikes segment: BMW’s R1200GS is one of the best-sellers in the sports bikes segment. The model comes equipped with an electronic immobilizer. Suzuki offers immobilizers in its two models, namely Suzuki GSR600 and GSX 600-R. Other key vendors in this market segment include Aprilia, Triumph, MV Agusta, Hyosung, Benelli, Kawasaki, Honda, and KTM.
Global motorcycle immobilizer market by commuter bikes: In the commuter bikes segment, immobilizers are offered in only two motorcycle models — Mahindra Centuro and Hero MotoCorp CBZ Xtreme. The market’s growth is anticipated to be fueled by the projected increase in sales of commuter bikes, especially in the APAC region.
Ask an analyst to know more about this report
The top vendors operating in the global motorcycle immobilizer market are:
- Bosch
- Continental
- Delphi Automotive
- Hella
- Mitsubishi Electric Corporations
Other prominent vendors in the market include Atmel Corporation, Infineon Technologies, Microchip Technology, NXP Semiconductors, Sandhar Technologies, and Scorpion Automotive.
A more detailed analysis is available in the Technavio report titled, ‘Global Motorcycle Immobilizer Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Automotive Immobilizer Market 2016-2020
- Global Automotive Power Tailgate System Market 2017-2021
- Automotive Industry in Serbia 2016-2020
To read more press releases – click here
