Bangladesh Connected Motorcycle Market (2025-2031) | Outlook, Size, Forecast, Value, Growth, Industry, Revenue, Analysis, Trends, Companies & Share

Market Forecast By Hardware (Embedded, Tethered), By Communication Type (V2V, V2I), By Network Type (C-V2X, DSRC) And Competitive Landscape

Product Code: ETC4568673 Publication Date: Jul 2023 Updated Date: Sep 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Bangladesh Connected Motorcycle Market Highlights

Report Name Bangladesh Connected Motorcycle Market 
Forecast period 2025-2031
CAGR 9.5%
Growing Sector Private 

Topics Covered in Bangladesh Connected Motorcycle Market Report

Bangladesh Connected Motorcycle Market Report thoroughly covers the market by Hardware, Communication Type and Network Type. The Bangladesh Connected Motorcycle Market Outlook report provides an unbiased and detailed analysis of the ongoing Bangladesh Connected Motorcycle Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

Bangladesh Connected Motorcycle Market Synopsis

Bangladesh Connected Motorcycle Market is experiencing a burgeoning growth, reflecting the global rise in demand for more intelligent and safer motorcycles. This market segment is characterized by the integration of advanced technologies in motorcycles that offer connectivity solutions, real-time navigation, vehicle management, and enhanced safety features. The increasing awareness among consumers about the benefits of connected features, coupled with the rising trend of smart transportation systems in Bangladesh, is propelling the market forward.

According to 6Wresearch, Bangladesh Connected Motorcycle Market is projected to rise at a CAGR of 9.5% during the period of 2025-2031. One of the major drivers includes increasing demand for affordable transportation options among the young population as there is a rise in cost of living and inadequate public transport system which have made motorcycles a more viable option for daily commuters.

Additionally, the limited infrastructure and urban traffic congestion have fuelled a surge in motorcycle demand as their agility allows riders to navigate heavy traffic, making them a convenient choice for many and in turn fuels the Bangladesh Connected Motorcycle Market Growth. Furthermore, the growing tech-savviness among young adults in Bangladesh has boosted the popularity of connected motorcycles. As smartphones and internet access become more widespread, the demand for motorcycles with advanced connectivity features has surged and which in turn lead to the market growth.

However, there are also some challenges faced by the Bangladesh Connected Motorcycle Industry, such as the lack of proper regulations and guidelines for these advanced motorcycles. As technology continues to evolve, there is a need for clear guidelines to ensure the safety and security of riders. Additionally, there is a limited awareness among consumers about the benefits and features of connected motorcycles which has led to slower adoption rates, hindering the market's growth potential. Furthermore, the high initial cost of connected motorcycles is also a barrier for some consumers as these bikes come with advanced technology and connectivity features and are more expensive than traditional motorcycles, making it difficult for some individuals to afford them.

Bangladesh Connected Motorcycle Market: Leading Players

Some Key Players in the Bangladesh Connected Motorcycle Market include names like Yamaha, Honda, and Bajaj. These companies have a strong presence in the market and offer a diverse range of connected motorcycles and are investing in research and development to improve the features of the connected motorcycles to meet the demand from the consumers.

Bangladesh Connected Motorcycle Market: Government Initiatives

The government initiatives such as implementation of various policies to support the growth of the connected motorcycle market which contribute to the growth of the market. Additionally, the government also invests in infrastructure development to improve road conditions and reduce traffic congestion which drives the demand for motorcycles as a mode of transportation in Bangladesh and leads to the growth of the market. Furthermore, the government has shown interest in regulating the use of connected motorcycles by introducing guidelines and regulations to ensure the safety and security of riders. This will likely lead to increased consumer confidence in using these advanced vehicles and in turn fuels the market growth.

Future Insights of the Bangladesh Connected Motorcycle Market

Bangladesh Connected Motorcycle Market is witnessing significant growth which can be attributed to the increasing demand for affordable transportation options among the young population. Along with this the lack of proper infrastructure and traffic congestion, growing tech-savviness among young adults and the government initiatives such as investment in infrastructure development to improve road conditions and reduce traffic congestion which drives the demand for motorcycles as a mode of transportation in Bangladesh will lead to the growth of the Bangladesh Connected Motorcycle Market in coming years.

Market Segmentation by Hardware

According to Ravi Bhandari, Research Head, 6Wresearch, the embedded hardware segment is one of the prominent segments in the industry and will continue to dominate the Bangladesh Connected Motorcycle Market Share in the coming years due to the increasing demand for advanced connectivity features and seamless integration with smartphones, which is provided by embedded hardware.

Market Segmentation by Communication Type

Based on Communication Type, the V2V (Vehicle-to-Vehicle) segment is expected to grow at steady pace in the coming years due to the increasing adoption of vehicle-to-vehicle communication technology, which allows motorcycles to communicate with each other and exchange information about their surroundings, improving safety on the roads.

Market Segmentation by Network Type

Based on Network Type, the C-V2X (Cellular Vehicle-to-Everything) segment is the leading segment due to the use of cellular networks for communication, allowing for a wider range of connectivity options and better data transmission.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Bangladesh Connected Motorcycle Market Outlook
  • Market Size of Bangladesh Connected Motorcycle Market, 2024
  • Forecast of Bangladesh Connected Motorcycle Market, 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Revenues & Volume for the Period 2021 - 2031
  • Bangladesh Connected Motorcycle Market Trend Evolution
  • Bangladesh Connected Motorcycle Market Drivers and Challenges
  • Bangladesh Connected Motorcycle Price Trends
  • Bangladesh Connected Motorcycle Porter's Five Forces
  • Bangladesh Connected Motorcycle Industry Life Cycle
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By Hardware for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By Embedded for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By Tethered for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By Communication Type for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By V2V for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By V2I for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By Network Type for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By C-V2X for the Period 2021 - 2031
  • Historical Data and Forecast of Bangladesh Connected Motorcycle Market Revenues & Volume By DSRC for the Period 2021 - 2031
  • Bangladesh Connected Motorcycle Import Export Trade Statistics
  • Market Opportunity Assessment By Hardware
  • Market Opportunity Assessment By Communication Type
  • Market Opportunity Assessment By Network Type
  • Bangladesh Connected Motorcycle Top Companies Market Share
  • Bangladesh Connected Motorcycle Competitive Benchmarking By Technical and Operational Parameters
  • Bangladesh Connected Motorcycle Company Profiles
  • Bangladesh Connected Motorcycle Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Hardware

  • Embedded
  • Tethered

By Communication Type

  • V2V
  • V2I

By Network Type

  • C-V2X
  • DSRC

What are the key factors contributing to the growth of the Bangladesh connected motorcycle market?

The growth is primarily driven by increasing consumer demand for enhanced riding experiences and the adoption of advanced technologies for navigation and vehicle management.
Yes, government initiatives aimed at improving road safety and encouraging the adoption of smart vehicles have positively impacted the market.
High costs of implementation and limited consumer awareness about the benefits of connected motorcycles pose significant challenges.
The growth of the Bangladesh connected motorcycle market is primarily driven by factors such as increasing demand for smart features in motorcycles, advancements in IoT technology, and the entry of major players like Yamaha and Honda offering connected motorcycle models with features such as GPS navigation, smartphone connectivity, and real-time vehicle diagnostics.
The future outlook for the Bangladesh connected motorcycle market looks promising as leading companies like Runner and Yamaha are investing in technology to offer connected features such as GPS tracking, mobile app integration, and remote diagnostics. This trend indicates a shift towards more advanced, tech-savvy motorcycles tailored to meet the evolving needs of consumers in the country.
Customer preferences for advanced safety features such as ABS and traction control, as seen in popular models like the TVS Apache RTR 160 4V and Honda CB Hornet 160R, are fueling the demand for connected motorcycles in Bangladesh. Riders also show a strong inclination towards connectivity features like smartphone integration for navigation and ride data tracking, as evidenced by the success of models like the Yamaha FZS-Fi V3.
The market forecast for connected motorcycles in Bangladesh is promising, with companies like Runner Automobiles and Yamaha already introducing smart features in their bikes to cater to the growing demand for connected technologies among consumers. As the country embraces digitalization and connectivity, the trend towards connected motorcycles is expected to gain further traction, driving innovation and competition in the market.
Some of the key competitors in the Bangladesh connected motorcycle market include Honda, Yamaha, and TVS. Honda, known for its reliable and innovative technology, has strong brand recognition and a wide distribution network in the country. Yamaha focuses on performance and design, targeting a younger demographic with its connected motorcycle offerings. TVS, on the other hand, emphasizes affordability and fuel efficiency, appealing to cost-conscious consumers in Bangladesh. Each of these competitors has a unique positioning strategy based on product features and target customer segments.
6Wresearch actively monitors the Bangladesh Connected Motorcycle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Bangladesh Connected Motorcycle Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Bangladesh Connected Motorcycle Market Overview
3.1 Bangladesh Country Macro Economic Indicators
3.2 Bangladesh Connected Motorcycle Market Revenues & Volume, 2021 & 2031F
3.3 Bangladesh Connected Motorcycle Market - Industry Life Cycle
3.4 Bangladesh Connected Motorcycle Market - Porter's Five Forces
3.5 Bangladesh Connected Motorcycle Market Revenues & Volume Share, By Hardware, 2021 & 2031F
3.6 Bangladesh Connected Motorcycle Market Revenues & Volume Share, By Communication Type, 2021 & 2031F
3.7 Bangladesh Connected Motorcycle Market Revenues & Volume Share, By Network Type, 2021 & 2031F
4 Bangladesh Connected Motorcycle Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Increasing demand for efficient transportation solutions
4.2.2 Growing focus on road safety and vehicle tracking
4.2.3 Government initiatives promoting the adoption of connected vehicles
4.3 Market Restraints
4.3.1 High initial investment required for connected motorcycle technology
4.3.2 Limited awareness and understanding of connected features among consumers
4.3.3 Infrastructure challenges for seamless connectivity in all regions
5 Bangladesh Connected Motorcycle Market Trends
6 Bangladesh Connected Motorcycle Market, By Types
6.1 Bangladesh Connected Motorcycle Market, By Hardware
6.1.1 Overview and Analysis
6.1.2 Bangladesh Connected Motorcycle Market Revenues & Volume, By Hardware, 2021 - 2031F
6.1.3 Bangladesh Connected Motorcycle Market Revenues & Volume, By Embedded, 2021 - 2031F
6.1.4 Bangladesh Connected Motorcycle Market Revenues & Volume, By Tethered, 2021 - 2031F
6.2 Bangladesh Connected Motorcycle Market, By Communication Type
6.2.1 Overview and Analysis
6.2.2 Bangladesh Connected Motorcycle Market Revenues & Volume, By V2V, 2021 - 2031F
6.2.3 Bangladesh Connected Motorcycle Market Revenues & Volume, By V2I, 2021 - 2031F
6.3 Bangladesh Connected Motorcycle Market, By Network Type
6.3.1 Overview and Analysis
6.3.2 Bangladesh Connected Motorcycle Market Revenues & Volume, By C-V2X, 2021 - 2031F
6.3.3 Bangladesh Connected Motorcycle Market Revenues & Volume, By DSRC, 2021 - 2031F
7 Bangladesh Connected Motorcycle Market Import-Export Trade Statistics
7.1 Bangladesh Connected Motorcycle Market Export to Major Countries
7.2 Bangladesh Connected Motorcycle Market Imports from Major Countries
8 Bangladesh Connected Motorcycle Market Key Performance Indicators
8.1 Average daily usage time of connected motorcycle features
8.2 Number of road accidents prevented through connected technology
8.3 Percentage increase in the adoption of connected motorcycles
8.4 Average cost savings for users due to connected features
8.5 Number of government policies supporting the growth of connected motorcycle market
9 Bangladesh Connected Motorcycle Market - Opportunity Assessment
9.1 Bangladesh Connected Motorcycle Market Opportunity Assessment, By Hardware, 2021 & 2031F
9.2 Bangladesh Connected Motorcycle Market Opportunity Assessment, By Communication Type, 2021 & 2031F
9.3 Bangladesh Connected Motorcycle Market Opportunity Assessment, By Network Type, 2021 & 2031F
10 Bangladesh Connected Motorcycle Market - Competitive Landscape
10.1 Bangladesh Connected Motorcycle Market Revenue Share, By Companies, 2024
10.2 Bangladesh Connected Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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