Global Moto GP Market 2021-2026

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    GLOBAL MOTO GP MARKET

     

    INTRODUCTION

    MotoGP is a premier superbike competition started by the FIM in 1949. It gets pan-global television coverage because to the series of eighteen races that take place in fourteen nations and four continents.

     

    The tournament involves the best riders from 10 countries riding cutting-edge technology and prototype machinery built by five manufacturers: Yamaha, Suzuki, Honda, Ducati, and Aprilia. Previously limited to the “500cc” category, this oldest motorcycle championship had a modification in 2002, increasing the engine capacity to 990cc.

     

    The restrictions were revised again in 2007, restricting the engine power to 800cc, which was later increased to 1000cc. It is often regarded as the “Formula 1” of motorcycle racing, the pinnacle of two-wheel sport.

     

    infographic: Moto GP Market, Moto GP Market Size, Moto GP Market Trends, Moto GP Market Forecast, Moto GP Market Risks, Moto GP Market Report, Moto GP Market Share

     

    Previously referred to as the 500cc class, several adjustments throughout the years have resulted in the present MotoGP engine capacity being 1000cc. It is still one of the most thrilling motorsport championships in the world, with racing that is usually frantic.

     

    This MotoGP season consists of 18 rounds, with three 45-minute practice sessions held each weekend; a rider’s time determines whether he will compete in the first or second qualifying section.

     

    The motorcycles are primarily concepts, not production models. This implies that expenditures for designing motorcycles, as well as teams and riders, are substantially greater in MotoGP.

     

    The engines on the bikes had a lateral amplitude of 1000cc, four cylinders, and a maximum bore of 81mm. No supercharging or turbocharging of the engine is permitted, and only six gears are permitted. A MotoGP bike must weigh at least 158kg. The machines can achieve speeds of up to 217mph and output up to 240bhp.

     

    GLOBAL MOTO GP MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 MotoGP unveils 2022 entry list, VR46 still without title sponsor The official entry list for the 2022 MotoGP season has been unveiled, with Valentino Rossi’s VR46 Racing Team still without Aramco title sponsorship. Global Scale This would enhance better Technologies and production

     

     

    GLOBAL MOTO GP MARKET DYNAMICS

    MotoGP motorcyclists get three 45-minute free practice sessions before establishing a first ranking. Following a fourth free practice session of half an hour that does not include lap times, the riders placed higher than tenth in the total ranking for the first three training sessions ride for 15 minutes of qualifying.

     

    The top two times are accepted to the race, bringing the top ten in the free standings together for a fresh qualifying session that will establish the first twelve positions on the line-up.

     

    The fundamental driver of the racing market is broadcast income. Because of the sport’s growing popularity, broadcasters all over the globe are making significant expenditures to get the television rights to racing events, which has become a major source of cash for persons and companies affiliated with the events.

     

    Furthermore, participation fees, which include car testing on tracks, and ticket sales constitute a significant portion of the market’s earnings.

     

    Similarly, endorsement and marketing agreements increase income while also promoting respective events and marketing the incentives to companies and drivers. The racing market is driven by innovation.

     

    Auto makers are substantially investing in R&D to improve their cars and acquire a competitive advantage. Such expenditures provide beneficial efficiencies of scale, which aid in the expansion of participants in the racing business as well as many other businesses such as tyre, consumer and business vehicles, oil and energy, computing, insurance, and many others.

     

    GLOBAL MOTO GP MARKET SEGMENTATION

    The Global Moto GP Market can be segmented into following categories for further analysis.

     

    By Application

    • Racing Bikes
    • Non-Racing Bikes

     

    By Grade Type

    • Super Bike Grade
    • Grand Prix Grade
    • Moto 1
    • Moto 2
    • Moto 3

     

    By Championship Focus Type

    • World Championship
    • Local Championship
    • Motorised Championship
    • Corporate Championship

     

    By Competition Classes Type

    • Class 1
    • Class 2
    • Class 3

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT TECHNOLOGICAL TRENDS IN GLOBAL MOTO GP MARKET

    MotoGP World Championship races are held on 1000cc prototype motorcycles. For the whole season, the riders have access to seven engines. All teams have utilized the same digital management solution given by the tournament organizer for the previous three years. Every rider does have a limited set of tyres, and the motorcycles can only carry 22 gallons of gasoline.

     

    The Bikes have been retrofitted with various levels of technological integrations in the market which are focused on continual improvements. The usual coil metal valve springs used for an engine revving higher than 17,000 RPM aren’t trustworthy against the metal springs, hence each MotoGP team employs Pneumatic Valve Springs. These semilunar valves by the sprocket, much like a typical coil metal valve spring, but the closing of the valve is pneumatically controlled by a shaft that serves as a piston on the opposite side of the chamber.

     

    The camshaft opens the valves as normal, but the pneumatic chamber feeds a burst of high-pressured Nitrogen into the pneumatic chamber through a regulator, forcing the valve stem back upside and sealing it.

     

    The valves are opened and over 140 cycles per second at 17,000 rpm. The major function of continuous shifting innovation, which is drawn directly from F1, is to engage the next gearbox already before disconnecting the preceding one, so reducing time, enhancing performance, and ensuring the bike’s steadiness. The Honda RCV213 can shift upshift in 0.0009 seconds, whereas the Yamaha M1 takes a leisurely 0.0038 seconds.

     

    COMPETITIVE LANDSCAPE

    The competition has evolved into a testing ground for new ideas and the development of cutting-edge technology. Every year, viewers see how new technology used in MotoGP make their way to the market.

     

    Teams will ultimately have such machines in instead of a garage full of spare parts as 3D printing technologies advance at such a rapid pace. The major disadvantage of these systems now is the time it takes to generate printed components, although this is anticipated to grow as technological advancements.

     

    Aprillia is developing the latest technology within the Moto GP requirements for the current season which re aimed at providing the best-in-class market. The FW-suspension GP’s has an adjustable Ohlins Racing FGR 300 front fork. It features a lighter engine and a brake system that is tuned but lacks ABS.

     

    The bike is made up of a lot of carbon and aluminium fibre, so it’s as lightweight. The triple clamps are offset adjustable and enable for wheelbase adjustment. Front braking is provided by 336mm twin stainless-steel discs and four Sintered pads with Brembo Racing 30-34 radial callipers.

     

    The new FW-GP varies from a conventional RSV4 in every manner, with the bore expanded to 81mm from 78mm. The RSV4 is a small increase over the SSTK1, with additions such as Aprilia instruments, a fully programmable ECU and palmtop interface, racing fairings, a maximum power figure of 204 hp, and a complete data gathering system.

     

    Ducati GP is one of the leading innovators in the Moto GP innovations in the market. The Ducati MotoGP bike is outfitted with approximately 50 to 60 sensors that monitor everything from tyre rotation and speed to gripping and propulsion. With data on his team, the cyclist isn’t alone on the track.

     

    Lenovo provided the crew with cutting-edge servers and PCs featuring machine-learning and AI capabilities, allowing them to collect, store, and analyse massive amounts of data collected on the racecourse and make modifications as needed.

     

    This includes race-influenced bikes such as the Panigale V4, Ducati’s first major production street bike with a V4 engine which is a value-added inspiration by the Desmosedici racing bike.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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