Motorcycle e-Call Market Size , Share , Analysis and Forecasts To 2021
Market Research Analysts forecast global motorcycle ecall market to grow at a CAGR of 211.85 % during the period 2017-2021 .
According to the report , one driver in market is growing electrification of mechanical components , increasing use of electronic components in motorcycles . The global demand for high-powered motorcycles is on the rise . The development of one component brings forth other components that increase the efficiency and riding experience of the rider . This demand is enabling the rapid electrification of mechanical components , and driving the adoption of infotainment systems and connectivity in motorcycles . This will increase the adoption of eCall systems in the motorcycle segment .
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Further , the report states that one challenge in market is low return on investment for standalone eCall system for OEMs . The countries of the EU have taken many initiatives for laying the foundation for the installation of eCall systems . One such initiative is the waiver of telephone roaming charges across member states in 2014 to establish a favorable ecosystem for interoperability of eCall systems across Europe . Despite such initiatives , OEMs are still skeptical about the installation of eCall systems owing to the lower return on investment . This can be attributed to the fact that the revenue generated from eCall system depends on rare events such as accidents .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .
About Motorcycle eCall
The global motorcycle eCall market is concentrated , and only a few firms operate across the world . New players , particularly from the automotive eCall market are expected to enter the motorcycle segment during the forecast period . Therefore , the competition among the vendors is expected to intensify during the forecast period . This will result in product extensions and technological innovations .
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Covered in this report
The report covers the present scenario and the growth prospects of the global motorcycle ecall market for 2017-2021 . To calculate the market size , the report includes the entire range of motorcycle eCall systems available in the market .