Get In Touch

Motorcycle Instrument Cluster Market: Overview

Motorcycle instrument cluster is a simple display system, the main function of this cluster is to display status of vehicle drive system, information regarding current condition of vehicle and driving scenario. The main components of motorcycle instrument cluster consists of speedometer, fuel gauge, pointer and illumination and warning indicators. The basic operation of motorcycle instrument cluster includes the power management system in which the power supply is being connected with battery of 12V or 24V and it maintains the voltages of up/down for memory and display system.

Microcontrollers are also being used in the motorcycle instrument cluster system for driving the various stepper motors and display system which are connected through the LCD (Liquid Crystal Display) segments. The application of motorcycle instrument cluster include bikes, power sector and communication interface.

Motorcycle Instrument Cluster Market: Dynamics

Growth in the automotive industry is driving the motorcycle instrument cluster market in a significant way. Power sector is boosting the motorcycle instrument cluster market because of the display system is being used in this sector for getting information about the voltages, current and other electrical quantities. In addition, electronics industry is supporting the motorcycle instrument cluster market. However, there are restraining factors in the motorcycle instrument cluster market such as failure of display system and system may fail in detecting the faulty situation.

Motorcycle instrument cluster market has huge potential in maintaining the stability of motorcycle by with use of the cluster system. Anti-brake system can also be applied in motorcycles which lowers the incidence of accidents. Motorcycle instrument clusters made of radium or other radioactive element are trending because these elements can overcome the visibility problem during sunlight or other bright light. Additional features such as speedometer, odometer, clock, fuel gauge, engine temperature indicator, side stand indicator and others is being introduced by major automotive producers. Growing passion for sports car mainly for its speed features is encouraging motorcycle instrument cluster sales. Preferences have increased for combination of mechanical gauge(s) and LCD display. Microprocessor-driven motor cycle instrument cluster has gained attention in recent days. Other technology trends include direct interfaces and illumination provided by the liquid crystal displays (LCDs), which includes the pointer backlighting, LCD backlighting and gauge backlighting.

Motorcycle Instrument Cluster Market: Segmentation

Based on the type motorcycle instrument cluster market is segmented:

  • Analog type
  • Digital & Analog Combination type
  • All Digital type

Based on the materials used motorcycle instrument cluster market is segmented:

  • Styrene Maleic Anhydride (SMA)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Thermoplastic Polyolefin (TPO)
  • PC/Acrylonitrile butadiene styrene (ABS)
  • Leather
  • Thermoplastic Polyurethane (TPU) Powder

Based on the applications motorcycle instrument cluster market is segmented:

  • Automotive industry
  • Mining industry
  • Construction industry
  • Traction industry
  • Power sector industry
  • Railway sector

Motorcycle Instrument Cluster Market: Regional Overview

The Global Motorcycle Instrument Cluster market is divided geographically into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). Europe is major region in a motorcycle instrument cluster market in terms of application and revenue sharing, backed by presence of large number of major automotive players in this region. Followed by Europe, North America and Asia Pacific (particularly Japan) are projected to grow relatively at a higher CAGR during the forecast period since the user of motorcycle instrument cluster in many vehicles is increasing every year in these regions. The global motorcycle instrument cluster market is well established in Japan and forecasted to grow at an average CAGR over the forecast period. Middle East and Africa and Latin America are projected to expand at a slower pace due to lack of technology advancements in these regions.

Motorcycle Instrument Cluster Market: Regional Segmentation

The growth of motorcycle instrument cluster market in Asia-Pacific is very high due to rise in substantial private investments in this region. Overall, the global market for motorcycle instrument cluster market is anticipated to grow considerably by the end of forecast period 2017-2027. Motorcycle instrument cluster market in Asia-Pacific is rapidly growing due to improving economic conditions across various countries, income levels, and rise in manufacturing operations is having a positive impact on the motorcycle instrument cluster market. Motorcycle instrument cluster market is growing in Asia-Pacific because of rise in demand from the end-use markets including automotive, railway and power sector. India and China are projected to grow the most among the various countries in the Asia-Pacific region. Strong economy prospects including high GDP, government support to automotive industry and rise in working population in these countries will overall augment the motorcycle instrument cluster market.

Motorcycle Instrument Cluster Market: Key Players

  • Calsonic Kansei
  • Nippon Seiki Co., Ltd.
  • Visteon Corporation.
  • J&P Cycles
  • JPM Group
  • Cluster Repairs UK
  • DIME CITY CYCLES
  • Texas Instruments Incorporated.
  • Pricol Limited
  • Super Bright LEDs Inc.
  • MTA S.p.A
  • Delphi Automotive LLP.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Motorcycle Instrument Cluster Market

Pre Book