Published on : Feb 06, 2017
ALBANY, New York, Feb 06, 2017: The report offers an in-depth analysis of the global motorcycle e-Call market. The report also states that during the period 2017-2021, this market will grow at an astounding CAGR of 211.85%.
The report, titled ‘Global Motorcycle e-Call Market 2017-2021’, focuses on the expansion of the worldwide market and its future growth prospects. The report provides an overview of the market drivers and challenges, trends, market landscape, and key vendors.
The number of deaths reported due to road accidents are multiplying. Motorcyclists are more prone to meet with accidents, which can lead to casualties. Sudden changing of lanes and not wearing proper gear such as helmets, knee guards etc., are a few reasons for fatal accidents. Road safety has become a major concern for governments in most countries. Measures are being taken to avoid any mishap on the road. Technical assistance such as e-Call can be put to best use in these circumstances.
With an increase in the number of road accidents, the prerogative of governments and manufacturers should be to develop a better and more intelligent e-Call system. The market for motorcycle e-Call is concentrated and the market players are very limited in number. However, due to the growing need to better the system, new players are entering the market with advanced technologies, thereby strengthening market growth. Players are building a system that does not require the rider’s smartphone to communicate an emergency signal to the call center. In its place, a module is embedded in the mobile and location detection generates the rescue chain at the time of the accident.
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The e-Call system is known to reduce road casualties by nearly half. Therefore, to decrease fatalities during road accidents, the adoption of e-Call systems in automobiles has become mandatory. For safety purposes, riders are now opting for e-Call system-based devices, driving the market growth. Although players in the market are coming up with new and improved e-Call systems, designing efficient accident detection systems for motorcycles is still a major hurdle.
On the basis of region, the global e-Call market is classified into North America, Europe, and Rest of the World. Europe is the leading contributor to the market growth in terms of revenue. It is also estimated that this region will continue to dominate the market in the forecast period. The factors driving the growth of the market in this region include mandatory adoption and implementation of e-Call systems in the automotive segment and high rate of system acceptance among users.
Some of the prominent players in the global motorcycle e-call market are BMW Motorrad, Bosch, Continental, and Telit Communications.
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