Global Motorcycle Immobilizer Industry

Global Motorcycle Immobilizer Industry

  • April 2021 •
  • 188 pages •
  • Report ID: 5899951 •
  • Format: PDF
Abstract:
- Global Motorcycle Immobilizer Market to Reach 832.3 Thousand Units by 2027
- Amid the COVID-19 crisis, the global market for Motorcycle Immobilizer estimated at 526.3 Thousand Units in the year 2020, is projected to reach a revised size of 832.3 Thousand Units by 2027, growing at a CAGR of 6.8% over the analysis period 2020-2027. Cruiser Bikes, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach 476.6 Thousand Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sports Bikes segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 142.2 Thousand Units, While China is Forecast to Grow at 10.5% CAGR
- The Motorcycle Immobilizer market in the U.S. is estimated at 142.2 Thousand Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 183.8 Thousand Units by the year 2027 trailing a CAGR of 10.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
- Commuter Bikes Segment to Record 4.6% CAGR
- In the global Commuter Bikes segment, USA, Canada, Japan, China and Europe will drive the 4.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of 73.9 Thousand Units in the year 2020 will reach a projected size of 99.8 Thousand Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 112.9 Thousand Units by the year 2027, while Latin America will expand at a 5% CAGR through the analysis period.

- Select Competitors (Total 47 Featured) -
  • Aptiv PLC
  • Atmel Corporation
  • Continental AG
  • HELLA GmbH & Co. KGaA
  • Infineon Technologies AG
  • Microchip Technology, Inc.
  • Mitsubishi Electric Corporation
  • NXP Semiconductors NV
  • Robert Bosch GmbH
  • Sandhar Technologies Barcelona SL
  • Scorpion Automotive Ltd.