Vehicle telematics has given OEMs and third-party service providers new room to grow. The on-board sensors keep track of important motorcycle data like parking locations, trip details, riding mode, and speed, among other things. Manufacturers can profile end users based on driving histories after analysing this data. Manufacturers may find this information helpful for the warranty claim procedure. Additionally, manufacturers can inform customers about the most recent service maintenance to prevent expensive repairs.
The development of better and improved vehicles with security and safety features thanks to innovations in the automotive sector has helped the market expand. The high cost of connected motorcycles and the systems, however, restricts the buyer's pool to those with greater disposable income, which might also impede the growth of the Connected Motorcycles Market over the anticipated time frame. Once demand increases, it is anticipated that the price of the connected motorcycle will decrease even more and reach parity with other competing technologies.
Read More- https://coherentmarketinsightsus.blogspot.com/2022/09/connected-motorcycle-market-analysis.html
