Global Motorcycle Engine Management Systems Industry

Global Motorcycle Engine Management Systems Industry

  • April 2021 •
  • 129 pages •
  • Report ID: 5957446 •
  • Format: PDF
Abstract:
- Global Motorcycle Engine Management Systems Market to Reach $32.6 Billion by 2027
- Amid the COVID-19 crisis, the global market for Motorcycle Engine Management Systems estimated at US$12.6 Billion in the year 2020, is projected to reach a revised size of US$32.6 Billion by 2027, growing at a CAGR of 14.6% over the analysis period 2020-2027. Commuter, one of the segments analyzed in the report, is projected to record a 15.9% CAGR and reach US$17.7 Billion 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 Mid-Premium segment is readjusted to a revised 15.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 13.9% CAGR
- The Motorcycle Engine Management Systems market in the U.S. is estimated at US$3.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2027 trailing a CAGR of 13.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.1% and 12.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.
- Premium Segment to Record 9.5% CAGR
- In the global Premium segment, USA, Canada, Japan, China and Europe will drive the 9.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$3.6 Billion 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 US$3.9 Billion by the year 2027.

- Select Competitors (Total 42 Featured) -
  • Bazzaz, Inc.
  • BMW AG
  • Continental AG
  • Delphi Auto Parts
  • Denso Corporation
  • Infineon Technologies AG
  • Kawasaki Heavy Industries Ltd.
  • Magneti Marelli SpA
  • McLaren Applied Technologies
  • Mitsubishi Electric Corporation
  • Niki Auto Motor Ltd.
  • NXP Semiconductors NV
  • Omnitek Engineering, Corp.
  • Robert Bosch GmbH
  • Walbro LLC