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Market research analysts at Technavio predict that the global motorcycle start-stop system market will grow steadily during the next four years at a CAGR of around 13% by 2021. This market research analysis also identifies the rise in commuter motorcycle sales as one of the primary growth factors for this market. Nearly 60% of the global two-wheeler market is dominated by India and China, which face a high demand for commuter class bikes. For Instance, Hero Splendor sold nearly 2.5 million units during 2015 to 2016, making it the best-selling motorcycle in the country. Similarly, Honda also launched its CB Shine range of bikes equipped with the start-stop system in the Indian market. The prime focus of the two-wheeler markets in India and China is to produce motorcycles for economy and fast travel. Moreover, the number of vehicles on the roads are increasing with the rising purchasing power of the middle class. Consequently, with the increase in number of commuter bikes fitted with start-stop systems, the market will experience steady growth over the next few years.
The electrification of mechanical components is one of the latest trends that will gain traction in the global motorcycle start-stop system market. The rising demand for vehicles fitted with components that improve efficiency and riding experience will result in the rapid electrification of mechanical components. The primary goal of the industry is to build an autonomous motorcycle that is electronically driven by onboard computers. For instance, the development of vehicle speed sensors resulted in the development of the anti-lock braking system, which monitors vehicle speeds through sensors and controls braking pressure accordingly. Further, the consumer needs and OEM offerings has been extended to include safety, performance, and comfort with these parameters being refined and made better every day.
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 motorcycle type
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
PART 13: Appendix
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