DUBLIN--(BUSINESS WIRE)--The "Global Motorcycle Engine Management Systems Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
The global motorcycle engine management systems market is expected to grow at a CAGR of 14.62% during the period 2017-2021.
One trend in the market is availability of affordable EMS. Major vendors believe that the implementation of ABS and EMS will be more beneficial to emerging markets, such as India, Thailand, and Indonesia, due to the lack of proper road infrastructure. These markets are dominated by two-wheelers and increasing their safety will result in fewer accidents.
One driver in the market is increasing demand for fuel-efficient motorcycles. In the initial days, engine power was the only thing that mattered, but with time, consumers have shifted toward a combination of power, performance, reliability, and fuel efficiency. The two-wheeler industry has witnessed a decrease in sales with a series of global crisis hitting the Americas, EMEA, and parts of APAC. The engine is the heart of the vehicle, and consumers loved the raw feeling with vibrations, but as time passed, there was a demand for refinements to give a comfortable ride.
Further, the report states that one challenge in the market is adoption of EMS will decrease demand for motorcycles in price-sensitive emerging markets. Stringent emission norms have forced engine designers and manufacturers to constantly make changes in the design. These changes add to the R&D costs that are endured by them, but transferring these costs to customers will result in costlier vehicles, which will drastically reduce the sales. They will lose their competitive edge if they do not price their products competitively. EMS is very costly as it incorporates an array of advanced sensors to collect data from the engine and connected equipment.
Other Prominent Vendors
- Infineon Technologies
- Kawasaki Heavy Industries
- Magneti Marelli
- McLaren Applied Technologies
- Mitsubishi Electric Corporation
- Nikki Auto Parts
- NXP Semiconductors
- Omnitek Engineering
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by End-User
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/8ktkvc/global_motorcycle?w=4