Motorcycle Instrument Cluster Market – Overview
The motorcycle instrument cluster is one of the most essential features of a motorcycle. It consists of a number of indicators and gauges that indicate various aspects relating to the operation of the motorcycle. The most common components of a motorcycle instrument cluster are an odometer, speedometer, tachometer, and fuel gauge, among others. In addition to comprising indicators and gauges providing information on speed, distance, fuel consumption, the dashboard of the motorcycle is also composed of other components such as a temperature gauge, voltage indicators battery, headlight and turn signal indicators, etc. Conventionally, especially in developing regions, motorcycle instrument clusters included analog gauges and indicators. However, in recent years, the adoption of hybrid and fully digital instrument clusters for motorcycles has grown significantly. to drive the growth in demand for motorcycle instrument clusters over the forecast period. The study of the motorcycle instrument clusters market thus becomes important reading.
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Motorcycle Instrument Cluster Market – Dynamics
Growing adoption of hybrid and fully digital motorcycle instrument cluster is one of the important factors expected to drive the growth of the motorcycle instrument cluster market over the next ten years. Fully digital systems are based on microelectronics technology and such systems are associated with relatively higher accuracy and aesthetics among others.
Connected Motorcycle technology is a new emerging trend in the global motorcycle instrument cluster market. It allows the driver to connect mobile devices which would allow the use of GPS to assist in navigation. Additionally, several additional features are expected to be included in next-gen bikes. Along with this it is incorporated with additional security features. These are some of the emerging trends that are expected to feature in next generation motorcycle instrument clusters.
Price sensitivity and demand for relatively low-priced commuter motorcycles, which constitute a significant portion of overall motorcycle demand in emerging countries such as India, China, and those in Latin America and India. Africa, is one of the major restraining factors that can hinder the growth of digital motorcycle instruments.
Motorcycle Instrument Cluster Market Segmentation
The global motorcycle instrument cluster market can be segmented on the basis of technology, type of motorcycle and sales channel. On the basis of technology, the global motorcycle instrument cluster market is segmented into analog, hybrid, and digital. On the basis of motorcycle type, the global motorcycle instrument cluster market can be segmented into mid-range, high-end and commuter motorcycles. On the basis of sales channel, the global motorcycle instrument cluster market can be segmented into OEM and aftermarket. In terms of types of technologies, the demand for digital dashboards is expected to witness robust growth over the forecast period
Motorcycle Instrument Cluster Market – Regional Overview
Asia-Pacific is expected to dominate the global motorcycle instrument cluster market due to its dominant share in the overall global motorcycle production. Additionally, the expected steady growth in the production of motorcycles in the region, especially that of commuter motorcycles, is in turn expected to drive the growth in demand for motorcycle instrument clusters during the forecast period. . North America, followed by Europe, also holds a large share of the overall world motorcycle production. Demand for digital motorcycle instrument clusters is relatively higher in North America than for analog variants. In addition, the Middle East and Africa and Latin America regions are expected to register steady growth.
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Motorcycle Instrument Cluster Market – Market Players
Following are examples of some of the market players in the global Motorcycle Instrument Clusters market, identified across the value chain:
• Robert Bosch GMBH
• Nippon Seiki Co., Ltd.
• Visteon Corporation
• Continental AG
• Calsonic Kansei Corporation
• MTA SpA
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