Motorcycle Instrument Cluster Market by Type and Geography - Forecast and Analysis 2020-2024

  • Published: Nov 2020
  • Pages: 120
  • SKU: IRTNTR45637
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The motorcycle instrument cluster market has the potential to grow by 3.14 million units during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 1.75%.

This motorcycle instrument cluster market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The declining prices of LCD/TFT display is notably driving the motorcycle instrument cluster market growth, although factors such as unpopularity among motorcycle enthusiasts may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the motorcycle instrument cluster market industry, get your FREE report sample now.

This report provides extensive insights on segmentation by type (hybrid, analog, and digital) and geography (APAC, North America, Europe, South America, and MEA). The motorcycle instrument cluster market report also offers information on several market vendors, including Continental AG, Dakota Digital Inc., JPM Group, KKR & Co. Inc., Marelli Holdings Co. Ltd., Nippon Seiki Co. Ltd., Pricol Ltd., Robert Bosch GmbH, Texas Instruments Inc., and Visteon Corp. among others.

What will the Motorcycle Instrument Cluster Market Size be in 2020?

Motorcycle-Instrument-Cluster-Market-Market-Size-2019-2024

Browse TOC and LoE with selected illustrations and example pages of Motorcycle Instrument Cluster Market

 Get Your FREE Sample Now!

Motorcycle Instrument Cluster Market: Key Drivers and Trends

  • The declining prices of LCD/TFT display and OLED are an advantage for the motorcycle instrument cluster market as the OEMs can easily introduce the same in the mass market, at least by the end of the forecast period in developed regions such as the Americas and Europe.
  • The anticipated decline in costs associated with the development and production of fully digital instrument clusters is an indicator that hybrid displays will be affordable and significantly penetrate the mass market by the end of the forecast period.
  • As the prices of LCD/TFT displays continue to fall, the penetration of high-end instrument clusters, such as fully reconfigurable digital clusters and hybrid clusters, is expected to increase in the global motorcycles market. 
  • The increasing traffic congestion in certain large and metropolitan cities, such as Los Angles, Tokyo, New Delhi, and London, is becoming an inescapable situation.
  • In India, China, and Vietnam, the growth in urban traffic has increased congestion, which has led to the higher adoption of two-wheelers for the daily commute. The trend is expected to continue during the forecasted period, further increasing the traffic density.
  • Considering the rise in traffic congestion, fluctuating fuel prices, and the absence of appropriate road infrastructure, motorcycles appear to be an affordable and convenient alternative for the daily commute in developing economies.
  • An increase in the household income levels in the industrialized regions of APAC, along with government initiatives, has spurred the sales of motorcycles through various initiatives aimed at reducing environmental pollution.

This motorcycle instrument cluster market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on market drivers, trends, and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Motorcycle Instrument Cluster Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Continental AG
  • Dakota Digital Inc.
  • JPM Group
  • KKR & Co. Inc.
  • Marelli Holdings Co. Ltd.
  • Nippon Seiki Co. Ltd.
  • Pricol Ltd.
  • Robert Bosch GmbH
  • Texas Instruments Inc.
  • Visteon Corp.

 

The motorcycle instrument cluster market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the motorcycle instrument cluster market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Motorcycle Instrument Cluster Market?

Motorcycle-Instrument-Cluster-Market-Market-Share-by-Region-2019-2024

For more insights on the market share of various regions Request for a FREE sample now!

93% of the market’s growth will originate from APAC during the forecast period. India, China, Indonesia, Thailand, and Taiwan are the key markets for motorcycle instrument clusters in APAC. Market growth in this region will be slower than the growth of the market in MEA.

The rising use of motorcycles for personal transport and the increasing demand for heavyweight motorcycles will facilitate the motorcycle instrument cluster market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Motorcycle Instrument Cluster Market?

Motorcycle-Instrument-Cluster-Market-Market-Share-by-Type-2019-2024

To gain further insights on the market contribution of various segments Request for a FREE sample

The motorcycle instrument cluster market share growth by the hybrid segment will be significant during the forecast period. The demand for hybrid instrument clusters in motorcycles is expected to accelerate owing to the wider use of this cluster by motorcycle OEMs for product differentiation across several motorcycle variants in the highly competitive market. In addition, the low cost associated with a small LCD/TFT panel fitted onto an existing analog instrument cluster adds to its higher adoption in motorcycles. The growth of the motorcycle hybrid instrument cluster is increasing as the motorcycle OEMs consider it a differentiation factor in the highly competitive motorcycle market, particularly in APAC.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the motorcycle instrument cluster market size.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Motorcycle Instrument Cluster Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive motorcycle instrument cluster market growth during the next five years
  • Precise estimation of the motorcycle instrument cluster market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the motorcycle instrument cluster industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of motorcycle instrument cluster market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Motorcycle Instrument Cluster Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2020-2024

3.14 mn units

Market structure

Fragmented

YoY growth (%)

-20.45

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 93%

Key consumer countries

India, China, Indonesia, Thailand, US, and Taiwan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Continental AG, Dakota Digital Inc., JPM Group, KKR & Co. Inc., Marelli Holdings Co. Ltd., Nippon Seiki Co. Ltd., Pricol Ltd., Robert Bosch GmbH, Texas Instruments Inc., and Visteon Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Hybrid - Market size and forecast 2019-2024
    • Analog - Market size and forecast 2019-2024
    • Digital - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2019-2024
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Continental AG
      • Dakota Digital Inc.
      • JPM Group
      • KKR & Co. Inc.
      • Marelli Holdings Co. Ltd.
      • Nippon Seiki Co. Ltd.
      • Pricol Ltd.
      • Robert Bosch GmbH
      • Texas Instruments Inc.
      • Visteon Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The motorcycle instrument cluster market growth will increase by $3.14 million units during 2019-2024.
      The motorcycle instrument cluster market is expected to grow at a CAGR of 1.75% during 2019-2024.
      Technavio has segmented the motorcycle instrument cluster market by type (Hybrid, Analog, and Digital) and geographic (APAC, North America, Europe, South America, and MEA).
      Continental AG, Dakota Digital Inc., JPM Group, KKR & Co. Inc., Marelli Holdings Co. Ltd., Nippon Seiki Co. Ltd., Pricol Ltd., Robert Bosch GmbH, Texas Instruments Inc., Visteon Corp. are a few of the key vendors in the motorcycle instrument cluster market.
      APAC will register the highest growth rate of 92.68% among the other regions. Therefore, the motorcycle instrument cluster market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • India
      • China
      • Indonesia
      • Thailand
      • US
      • Taiwan
      The key factors driving the motorcycle instrument cluster market growth are:
      • Economies of scale benefits owing to declining prices of LCD/TFT display
      • Multilayer display enabling further developments in digital instrument cluster
      The motorcycle instrument cluster market vendors should focus on grabbing business opportunities from the hybrid segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Consumer Discretionary
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>