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Safetycanopy
Safetycanopy
Presented by:
Name:P.SRIJA
Two-wheelers have garnered immense popularity owing to their costeffective mileage and relatively lower
maintenance expenses. In a densely populated and developing nation like India, where car ownership remains
financially unattainable for many, the prevalence of two-wheelers as a primary mode of transportation is pronounced.
The Indian landscape, along with its diverse conditions, proves highly conducive to the usage of two-wheelers. These
vehicles serve as the goto option for short trips and point-to-point commuting, seamlessly blending with the demands
of everyday life. As the Indian automobile industry boasts a substantial market share in the realm of two-wheelers, it's
no surprise that nearly every household harbors a two-wheeler. The potential customer base spans across all segments
of two-wheeler users. Our primary objective is to address the safety and comfort needs of this vast user group. By
introducing innovative solutions, we aim to enhance both safety and overall riding experience. Furthermore, our
endeavor aligns with a broader objective – to encourage greater adoption of two-wheelers by improving their comfort
and efficiency. By offering riders a more secure and enjoyable journey, we aim to make two-wheelers an even more
appealing choice for various travel needs. As a result, not only will riders benefit from heightened comfort and safety,
but the broader transportation landscape in India could potentially witness positive shifts toward safe and efficient
modes of mobility
Objectives:
A safety carbon canopy for two-wheelers could offer several benefits such as
improved rider protection from weather and road debris. However, its effectiveness
would depend on factors like design, materials used, and proper installation. Thorough
testing and consideration of regulatory standards would be essential to ensure its
viability and safety on the road.
Market Potential of Idea
• The Indian automotive industry is witnessing a promising resurgence, particularly within the two-wheeler and
passenger vehicle sectors. Notably, the bike sales for the fiscal year 2020-21 reached an impressive figure of
1,72,44,354 units. Encouragingly, industry analysts at IMARC Group project a bright trajectory ahead, estimating
the market to escalate to a staggering 42.2 million units by the year 2027. This projection reflects an impressive
Compound Annual Growth Rate (CAGR) of 18.6% spanning the period from 2022 to 2027. Within this expansive
automotive landscape, India emerges as a fertile ground for our innovative solutions. With the potential to cater
to millions of users, our innovation stands poised to contribute significantly to this burgeoning market. The robust
growth trends and substantial sales figures underscore the immense opportunities that lie ahead for pioneering
technologies like ours. As India's automotive ecosystem continues to evolve, our innovation is well-positioned to
make a substantial impact and address the needs of the ever-expanding consumer base.