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Motorcycle Engine Management System-Global Market Insights and Sales Trends 2025
Synopsis
Motorcycle engine management systems consist of a set of sensors that record the state of different components of the engine and send the data to the electronic control unit, which then prioritizes the tasks for optimal engine performance. The EMS comprises ECU, electronic fuel injection, throttle control, air control, ignition control, speed sensors, and temperature sensors. An EMS unit improves fuel efficiency and reduces emissions.
The global Motorcycle Engine Management System market size is expected to reach US$ 2541.1 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of Motorcycle Engine Management System in various end use industries. The expanding demands from the OEMs and Aftermarkets, are propelling Motorcycle Engine Management System market. Less Than 250 cc, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 251 to 500 cc segment is estimated at % CAGR for the next seven-year period.
Global motorcycle engine management system market is directly influenced by global motorcycle production & sales and emission regulations in different part of the world. The Asia-Pacific region is the largest market for motorcycles, there is a huge demand for motorcycles in India, and this factor makes this region the most lucrative market for engine management systems suppliers. The consumer demand for the more fuel efficient motorcycles in Asia-Pacific region is also a major driver for the global motorcycle engine management system market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Motorcycle Engine Management System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Motorcycle Engine Management System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Motorcycle Engine Management System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Motorcycle Engine Management System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Motorcycle Engine Management System covered in this report include Bosch, Continental, DENSO, Delphi, Bazzaz, BMW, Infineon Technologies, Kawasaki and KESENS, etc.
The global Motorcycle Engine Management System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Continental
DENSO
Delphi
Bazzaz
BMW
Infineon Technologies
Kawasaki
KESENS
Magneti Marelli
McLaren
Mitsubishi
Nikki Auto Parts
NXP Semiconductors
Omnitek Engineering
Walbro
Global Motorcycle Engine Management System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Motorcycle Engine Management System market, Segment by Type:
Less Than 250 cc
251 to 500 cc
501 to 1000 cc
Larger Than 1000 cc
Global Motorcycle Engine Management System market, by Application
OEMs
Aftermarkets
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Motorcycle Engine Management System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Motorcycle Engine Management System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Motorcycle engine management systems consist of a set of sensors that record the state of different components of the engine and send the data to the electronic control unit, which then prioritizes the tasks for optimal engine performance. The EMS comprises ECU, electronic fuel injection, throttle control, air control, ignition control, speed sensors, and temperature sensors. An EMS unit improves fuel efficiency and reduces emissions.
The global Motorcycle Engine Management System market size is expected to reach US$ 2541.1 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of Motorcycle Engine Management System in various end use industries. The expanding demands from the OEMs and Aftermarkets, are propelling Motorcycle Engine Management System market. Less Than 250 cc, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 251 to 500 cc segment is estimated at % CAGR for the next seven-year period.
Global motorcycle engine management system market is directly influenced by global motorcycle production & sales and emission regulations in different part of the world. The Asia-Pacific region is the largest market for motorcycles, there is a huge demand for motorcycles in India, and this factor makes this region the most lucrative market for engine management systems suppliers. The consumer demand for the more fuel efficient motorcycles in Asia-Pacific region is also a major driver for the global motorcycle engine management system market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Motorcycle Engine Management System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Motorcycle Engine Management System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Motorcycle Engine Management System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Motorcycle Engine Management System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Motorcycle Engine Management System covered in this report include Bosch, Continental, DENSO, Delphi, Bazzaz, BMW, Infineon Technologies, Kawasaki and KESENS, etc.
The global Motorcycle Engine Management System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Continental
DENSO
Delphi
Bazzaz
BMW
Infineon Technologies
Kawasaki
KESENS
Magneti Marelli
McLaren
Mitsubishi
Nikki Auto Parts
NXP Semiconductors
Omnitek Engineering
Walbro
Global Motorcycle Engine Management System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Motorcycle Engine Management System market, Segment by Type:
Less Than 250 cc
251 to 500 cc
501 to 1000 cc
Larger Than 1000 cc
Global Motorcycle Engine Management System market, by Application
OEMs
Aftermarkets
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Motorcycle Engine Management System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Motorcycle Engine Management System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Motorcycle Engine Management System Market Overview
1.1 Motorcycle Engine Management System Product Overview
1.2 Motorcycle Engine Management System Market Segment by Type
1.2.1 Less Than 250 cc
1.2.2 251 to 500 cc
1.2.3 501 to 1000 cc
1.2.4 Larger Than 1000 cc
1.3 Global Motorcycle Engine Management System Market Size by Type
1.3.1 Global Motorcycle Engine Management System Market Size Overview by Type (2018-2029)
1.3.2 Global Motorcycle Engine Management System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Motorcycle Engine Management System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Motorcycle Engine Management System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Motorcycle Engine Management System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Motorcycle Engine Management System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Motorcycle Engine Management System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Motorcycle Engine Management System Sales Breakdown by Type (2018-2023)
2 Global Motorcycle Engine Management System Market Competition by Company
2.1 Global Top Players by Motorcycle Engine Management System Sales (2018-2023)
2.2 Global Top Players by Motorcycle Engine Management System Revenue (2018-2023)
2.3 Global Top Players by Motorcycle Engine Management System Price (2018-2023)
2.4 Global Top Manufacturers Motorcycle Engine Management System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Motorcycle Engine Management System Market Competitive Situation and Trends
2.5.1 Motorcycle Engine Management System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Motorcycle Engine Management System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Motorcycle Engine Management System as of 2022)
2.7 Date of Key Manufacturers Enter into Motorcycle Engine Management System Market
2.8 Key Manufacturers Motorcycle Engine Management System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Motorcycle Engine Management System Status and Outlook by Region
3.1 Global Motorcycle Engine Management System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Motorcycle Engine Management System Historic Market Size by Region
3.2.1 Global Motorcycle Engine Management System Sales in Volume by Region (2018-2023)
3.2.2 Global Motorcycle Engine Management System Sales in Value by Region (2018-2023)
3.2.3 Global Motorcycle Engine Management System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Motorcycle Engine Management System Forecasted Market Size by Region
3.3.1 Global Motorcycle Engine Management System Sales in Volume by Region (2024-2029)
3.3.2 Global Motorcycle Engine Management System Sales in Value by Region (2024-2029)
3.3.3 Global Motorcycle Engine Management System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Motorcycle Engine Management System by Application
4.1 Motorcycle Engine Management System Market Segment by Application
4.1.1 OEMs
4.1.2 Aftermarkets
4.2 Global Motorcycle Engine Management System Market Size by Application
4.2.1 Global Motorcycle Engine Management System Market Size Overview by Application (2018-2029)
4.2.2 Global Motorcycle Engine Management System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Motorcycle Engine Management System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Motorcycle Engine Management System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Motorcycle Engine Management System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Motorcycle Engine Management System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Motorcycle Engine Management System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Motorcycle Engine Management System Sales Breakdown by Application (2018-2023)
5 North America Motorcycle Engine Management System by Country
5.1 North America Motorcycle Engine Management System Historic Market Size by Country
5.1.1 North America Motorcycle Engine Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Motorcycle Engine Management System Sales in Volume by Country (2018-2023)
5.1.3 North America Motorcycle Engine Management System Sales in Value by Country (2018-2023)
5.2 North America Motorcycle Engine Management System Forecasted Market Size by Country
5.2.1 North America Motorcycle Engine Management System Sales in Volume by Country (2024-2029)
5.2.2 North America Motorcycle Engine Management System Sales in Value by Country (2024-2029)
6 Europe Motorcycle Engine Management System by Country
6.1 Europe Motorcycle Engine Management System Historic Market Size by Country
6.1.1 Europe Motorcycle Engine Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Motorcycle Engine Management System Sales in Volume by Country (2018-2023)
6.1.3 Europe Motorcycle Engine Management System Sales in Value by Country (2018-2023)
6.2 Europe Motorcycle Engine Management System Forecasted Market Size by Country
6.2.1 Europe Motorcycle Engine Management System Sales in Volume by Country (2024-2029)
6.2.2 Europe Motorcycle Engine Management System Sales in Value by Country (2024-2029)
7 Asia-Pacific Motorcycle Engine Management System by Region
7.1 Asia-Pacific Motorcycle Engine Management System Historic Market Size by Region
7.1.1 Asia-Pacific Motorcycle Engine Management System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Motorcycle Engine Management System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Motorcycle Engine Management System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Motorcycle Engine Management System Forecasted Market Size by Region
7.2.1 Asia-Pacific Motorcycle Engine Management System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Motorcycle Engine Management System Sales in Value by Region (2024-2029)
8 Latin America Motorcycle Engine Management System by Country
8.1 Latin America Motorcycle Engine Management System Historic Market Size by Country
8.1.1 Latin America Motorcycle Engine Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Motorcycle Engine Management System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Motorcycle Engine Management System Sales in Value by Country (2018-2023)
8.2 Latin America Motorcycle Engine Management System Forecasted Market Size by Country
8.2.1 Latin America Motorcycle Engine Management System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Motorcycle Engine Management System Sales in Value by Country (2024-2029)
9 Middle East and Africa Motorcycle Engine Management System by Country
9.1 Middle East and Africa Motorcycle Engine Management System Historic Market Size by Country
9.1.1 Middle East and Africa Motorcycle Engine Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Motorcycle Engine Management System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Motorcycle Engine Management System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Motorcycle Engine Management System Forecasted Market Size by Country
9.2.1 Middle East and Africa Motorcycle Engine Management System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Motorcycle Engine Management System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch Motorcycle Engine Management System Products Offered
10.1.5 Bosch Recent Development
10.2 Continental
10.2.1 Continental Company Information
10.2.2 Continental Introduction and Business Overview
10.2.3 Continental Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Continental Motorcycle Engine Management System Products Offered
10.2.5 Continental Recent Development
10.3 DENSO
10.3.1 DENSO Company Information
10.3.2 DENSO Introduction and Business Overview
10.3.3 DENSO Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DENSO Motorcycle Engine Management System Products Offered
10.3.5 DENSO Recent Development
10.4 Delphi
10.4.1 Delphi Company Information
10.4.2 Delphi Introduction and Business Overview
10.4.3 Delphi Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Delphi Motorcycle Engine Management System Products Offered
10.4.5 Delphi Recent Development
10.5 Bazzaz
10.5.1 Bazzaz Company Information
10.5.2 Bazzaz Introduction and Business Overview
10.5.3 Bazzaz Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Bazzaz Motorcycle Engine Management System Products Offered
10.5.5 Bazzaz Recent Development
10.6 BMW
10.6.1 BMW Company Information
10.6.2 BMW Introduction and Business Overview
10.6.3 BMW Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BMW Motorcycle Engine Management System Products Offered
10.6.5 BMW Recent Development
10.7 Infineon Technologies
10.7.1 Infineon Technologies Company Information
10.7.2 Infineon Technologies Introduction and Business Overview
10.7.3 Infineon Technologies Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Infineon Technologies Motorcycle Engine Management System Products Offered
10.7.5 Infineon Technologies Recent Development
10.8 Kawasaki
10.8.1 Kawasaki Company Information
10.8.2 Kawasaki Introduction and Business Overview
10.8.3 Kawasaki Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kawasaki Motorcycle Engine Management System Products Offered
10.8.5 Kawasaki Recent Development
10.9 KESENS
10.9.1 KESENS Company Information
10.9.2 KESENS Introduction and Business Overview
10.9.3 KESENS Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 KESENS Motorcycle Engine Management System Products Offered
10.9.5 KESENS Recent Development
10.10 Magneti Marelli
10.10.1 Magneti Marelli Company Information
10.10.2 Magneti Marelli Introduction and Business Overview
10.10.3 Magneti Marelli Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Magneti Marelli Motorcycle Engine Management System Products Offered
10.10.5 Magneti Marelli Recent Development
10.11 McLaren
10.11.1 McLaren Company Information
10.11.2 McLaren Introduction and Business Overview
10.11.3 McLaren Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 McLaren Motorcycle Engine Management System Products Offered
10.11.5 McLaren Recent Development
10.12 Mitsubishi
10.12.1 Mitsubishi Company Information
10.12.2 Mitsubishi Introduction and Business Overview
10.12.3 Mitsubishi Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Mitsubishi Motorcycle Engine Management System Products Offered
10.12.5 Mitsubishi Recent Development
10.13 Nikki Auto Parts
10.13.1 Nikki Auto Parts Company Information
10.13.2 Nikki Auto Parts Introduction and Business Overview
10.13.3 Nikki Auto Parts Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Nikki Auto Parts Motorcycle Engine Management System Products Offered
10.13.5 Nikki Auto Parts Recent Development
10.14 NXP Semiconductors
10.14.1 NXP Semiconductors Company Information
10.14.2 NXP Semiconductors Introduction and Business Overview
10.14.3 NXP Semiconductors Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.14.4 NXP Semiconductors Motorcycle Engine Management System Products Offered
10.14.5 NXP Semiconductors Recent Development
10.15 Omnitek Engineering
10.15.1 Omnitek Engineering Company Information
10.15.2 Omnitek Engineering Introduction and Business Overview
10.15.3 Omnitek Engineering Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Omnitek Engineering Motorcycle Engine Management System Products Offered
10.15.5 Omnitek Engineering Recent Development
10.16 Walbro
10.16.1 Walbro Company Information
10.16.2 Walbro Introduction and Business Overview
10.16.3 Walbro Motorcycle Engine Management System Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Walbro Motorcycle Engine Management System Products Offered
10.16.5 Walbro Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Motorcycle Engine Management System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Motorcycle Engine Management System Industrial Chain Analysis
11.4 Motorcycle Engine Management System Market Dynamics
11.4.1 Motorcycle Engine Management System Industry Trends
11.4.2 Motorcycle Engine Management System Market Drivers
11.4.3 Motorcycle Engine Management System Market Challenges
11.4.4 Motorcycle Engine Management System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Motorcycle Engine Management System Distributors
12.3 Motorcycle Engine Management System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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