DUBLIN--(BUSINESS WIRE)--The "Global Motorcycle Jacket Turn Light Indicator Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global motorcycle jacket turn light indicator market to grow at a CAGR of 15.72% during the period 2017-2021.

The report, Global Motorcycle Jacket Turn Light Indicator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is smart jacket technology. The jacket technology is advancing to smart jacket level. Smart jacket is a similar product to smart seat, which is a trend in autonomous vehicles. The smart jacket module will display a certain level of intelligence to track human body gestures and conditions such as heartbeat, body temperature, movement of body parts, and emergency alert system. The smart jacket will support a wireless transmitter for connectivity, accelerometer, electric adaptor for transmitting signals to LED, heartbeat monitoring, temperature sensors, and an intelligent circuit board for system integration. It is clear that with high number of jacket features, it will be an attractive product in the market. This will generate demands for optimized technology of motorcycle jacket turn light indicator.

According to the report, one of the major drivers for this market is TLI jacket strap-on is cheap and has flexibility to be used in many applications . The TLI jacket strap-on affordable, the price of the product ranges from $5 to $35 and increases the visibility of the rider significantly. The jacket is sleek, lightweight, and cost-effective, and can be worn on any clothing without any issues. It can be used for multiple purposes as a commuter jacket or for cycling during low visibility hours. The jackets have great potential to grow in the developing nations as they can be attracting wearable smart technologies for motorcycle enthusiasts and daily commuters. India, which is a developing nation, holds a sales volume of 16 million motorcycles. China has a sales volume of 7 million units and Vietnam about 5 million units in 2016, these figures signify the immense potential of APAC.

Key vendors

  • Lumenus
  • Ryde Bright
  • Visijax
  • CladLight

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 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

For more information about this report visit https://www.researchandmarkets.com/research/t77c6w/global_motorcycle

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Related Topics: Motorcycles