Motorcycle Engine Management System Market Report Overview
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The global motorcycle engine management system market size was USD 16760 million in 2022 and , the market is expected to reach USD 49501.74 million in 2031, exhibiting a CAGR of 12.8% during the forecast period.
The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Motorcycle engine management system (EMS) is a typical feature of motorcycles and low-end cars today. The engine management system has the responsibility of regulating the amount of gasoline delivered into the combustion cylinder and the timing of ignition. The engine management system aids the engine produce its maximum amount of power while reducing exhaust emissions and fuel consumption, which enables the vehicle to fulfill international pollution standards while operating more efficiently. The engine management system consists of a sensor-equipped electronic control, using sensors to provide data about engine speed, throttle position, coolant temperature, and intake air temperature to the electronic control unit. The engine speed and the air-fuel ratio are modified by an electronic control unit.
COVID-19 Impact: Interruption in Supply Chains to Deplete Market Growth
The market for motorcycle engine management system is rapidly regaining its pre-COVID levels, and over the projected period, a robust growth rate is anticipated, led by the economic recovery in most emerging countries. The high contagiousness of the virus and the frequent shutdown of public transportation systems drove the need for passenger cars, which in turn drove necessity of motorcycle engine management systems goods. A bleak outlook was created by exceptional circumstances brought on by the anticipated third and subsequent waves of the pandemic which did affected the motorcycle engine management system market growth outlook.
Latest Trends
"Effective Fuel Burning to Intensify Market Magnification "
Engine management systems provide accurate, centralized control of all engine-related operations, resulting in lower emissions, increased safety, comfort, and a more pleasurable, dynamic riding experience. An effective burn of fuel is made possible through electronic control. Both the timing of ignition and the volume of gasoline injected can be accurately controlled by engine management systems. The technology also provides the ability to control the engine by tracking vehicle feedback and making adjustments as necessary.
Motorcycle Engine Management System Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into less than 250 cc, 251 to 500 cc, 501 to 1000 cc, larger than 1000 cc
Less than 250 cc are the leading part of the type segment
- By Application Analysis
According to application, the market can be segmented into OEMs, aftermarkets
OEMs are the leading part of the application segment
Driving Factors
"OEMs Sector to Boost Market Share"
Due to its widespread use in different types of motorbikes, the OEMs market sector is anticipated to experience considerable expansion in the next years. Customers may easily access a wide variety of features from the OEMs category as well as new and updated models with only one visit. These businesses might also sell a motorcycle engine management system separately to other businesses, including standalone aftermarket shops or auto parts distributors. Therefore, owing to the high inclination towards the OEMs sector the motorcycle engine management system market share will be benefitted.
"Aftermarkets Segment to Expand Market Forwarding"
Due to the manufacture of a wide variety of bikes, the aftermarkets segment of the global motorcycle engine management system market is anticipated to have substantial expansion. Customers or riders can easily upgrade old parts with modern ones using the aftermarket, which may be necessary due to ebbing demand over time. Additionally, these businesses provide a variety of models and varieties as well as recent upgrades in just one visit without charging consumers any additional fees.
Restraining Factors
"High Cost to Deplete Market Advancement "
The market is being constrained by high product costs, a lack of consumer knowledge, and a lack of market flexibility during the anticipated timeframe
Motorcycle Engine Management System Market Regional Insights
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"Rising Motorcycle Demand to Advance Market Growth in North America "
North America dominates the sector as a whole and was responsible for the largest portion of global revenue. Due to rising motorcycle demand and increased production of new and updated models, the worldwide motorcycle engine management system market in the North American area is anticipated to expand significantly. This increase has also been ascribed to a larger consumption rate of luxury bikes, which need the additional technologies provided by this market category, like traction control and fuel injection.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.
The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.
List of Market Players Profiled
- Bosch (Germany)
- Continental (Germany)
- DENSO (Japan)
- Delphi (U.K.)
- Bazzaz (U.S.)
- BMW (Germany)
- Infineon Technologies (Germany)
- Kawasaki (Japan)
- KESENS (India)
- Magneti Marelli (Italy)
- McLaren (U.K.)
- Mitsubishi (Japan)
- Nikki Auto Parts (Japan)
- NXP Semiconductors (Netherland)
- Omnitek Engineering (U.S.)
- Walbro (Japan)
Report Coverage
The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 16760 Million in 2022 |
Market Size Value By |
US$ 49501.74 Million by 2031 |
Growth Rate |
CAGR of 12.8% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global motorcycle engine management system market expected to touch by 2031?
The global motorcycle engine management system market is expected to touch USD 49501.74 million in 2031.
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What CAGR is motorcycle engine management system market expected to exhibit during 2022-2031?
The motorcycle engine management system market is expected to exhibit a CAGR of 12.8% over 2022-2031.
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Which are the driving factors of the motorcycle engine management system market?
OEMs sector and aftermarkets segment to drive the motorcycle engine management system market.
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Which are the top companies operating in the motorcycle engine management system market?
Bosch, Continental, DENSO, Delphi, Bazzaz are the top companies operating in the motorcycle engine management system market.