DUBLIN--(BUSINESS WIRE)--The "Global Motorcycle Navigation System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global motorcycle navigation system market will register a revenue of close to USD 250 million by 2022.

Global Motorcycle Navigation System Market 2018-2022, 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.

One trend in the market is introduction of new and advanced features. In the recent times, there has been continuous development of motorcycle navigation systems due to the need for better performance and enhanced features. The adoption of smart technologies in the motorcycle segment is driven by the growing demand for motorcycles which are fully connected to achieve the highest level of safety through V2X communication.

According to the report, one driver in the market is distraction by smartphones while riding is pushing demand for navigations. Smartphones are gaining traction in the mobile phone segment and the penetration of the mobile phones is increasing constantly worldwide. The smartphones have become a major device and are popular as they are inbuilt with GPS system which helps in navigation.

Further, the report states that one challenge in the market is expensive motorcycle navigation system technology. Motorcycle navigation system technology is one of the promising technologies in the motorcycle market. However, the price range of these systems is high, and hence, their adoption is preferred only in the premium motorcycle segment.

Key Vendors

  • Garmin
  • MiTAC Holdings
  • TomTom International

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Type

8. Customer Landscape

9. Market Segmentation by End-User

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/4fmd6q/global_motorcycle?w=4

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Related Topics: Motorcycles, Car Electronics and GPS