The primary purpose of the instrument cluster on a motorcycle is to display information about the present state of the vehicle, the driving situation, and the status of the driving system. The speedometer, fuel gauge, pointer, lighting, and warning indications comprise most motorbike instrument clusters. The power management system, which keeps the up/down voltages for the memory and display system while the power supply is attached to a battery of 12V or 24V, is a fundamental component of how a motorbike instrument cluster functions.
Microcontrollers are also used to control the different stepper motors and display systems connected via the LCD (Liquid Crystal Display) segments in the motorbike instrument cluster system. Motorcycle instrument cluster applications include motorbikes, the power industry, and communication interfaces.
A substantial portion of the motorcycle instrument cluster market’s growth is driven by automotive sector expansion. Because the display system is utilized in the power industry to obtain information about voltages, currents, and other electrical quantities, it is boosting the market for motorcycle instrument clusters. Additionally, the motorbike instrument cluster market is supported by the electronics sector. The failure of the display system and the system’s potential for failing to indicate a problem are two restraints on the motorcycle instrument cluster industry.
The market for motorcycle instrument clusters is quite lucrative since they may be used to keep motorcycles stable. Motorcycles can also use anti-brake systems, which reduce the chances of accidents. Radium or other radioactive materials are increasingly used in motorcycle instrument clusters because they may be seen better in direct sunlight or bright light. Major automobile manufacturers are introducing new features like speedometers, odometers, clocks, fuel gauges, engine temperature indications, side stand indicators, etc.
The rising interest in sports cars is stimulated by motorcycle instrument cluster sales, particularly for their speed features. The combination of mechanical gauges and LCDs has become more popular. Recently, the motorbike instrument cluster powered by a microprocessor has drawn more attention. Direct connections and illumination offered by liquid crystal displays (LCDs), which include pointer backlighting, LCD backlighting, and gauge backlighting, are further technological advances.
Segmentation Of The Motorcycle Instrument Cluster Market
The motorcycle instrument cluster market is divided based on type:
- Digital type.
- Kind of Digital & Analogue Combination.
- Digital type alone.
The motorcycle instrument cluster market is divided based on the materials used:
- Styrene Maleic Anhydride (SMA)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Thermoplastic Polyolefin (TPO)
- PC/Acrylonitrile butadiene styrene (ABS)
- Thermoplastic Polyurethane (TPU) Powder
The motorcycle instrument cluster market is divided based on the following applications:
- Automotive industry
- Mining industry
- Construction industry
- Traction industry
- Power sector industry
- Railway sector
Geographically, seven regions comprise the global motorcycle instrument cluster market: North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan, Middle East and Africa (MEA), and so on. Regarding application and revenue sharing, Europe dominates the market for motorcycle instrument clusters, supported by numerous significant automotive firms.
Europe, North America, and Asia Pacific (especially Japan) are anticipated to expand significantly faster than the rest of the world during the forecast period because of the region’s rising motorcycle instrument cluster adoption rates. Japan has a strong market position for motorcycle instrument clusters, and over the projection period, this market is expected to expand at an average CAGR. Due to a lack of technological developments in the Middle East, Africa, and Latin America, growth is anticipated to be slower in these regions.
Due to the increase in significant private investments in the Asia-Pacific region, the market for motorcycle instrument clusters is expanding rapidly. By the conclusion of the forecast period of 2017–2027, the worldwide motorcycle instrument cluster market is expected to have grown significantly. The motorcycle instrument cluster market in Asia-Pacific is expanding quickly due to improved economic conditions in many nations, rising income levels, and increased manufacturing activities.
Asia-Pacific’s motorcycle instrument cluster market is expanding due to increased demand from end-use industries such as the automotive, railroad, and power sectors. Among the many nations in the Asia-Pacific area, India and China are predicted to expand the fastest. The market for motorcycle instrument clusters will be boosted overall by these nations’ solid economic outlooks, which include high GDP, government backing for the automotive industry, and growth in the working population.
Motorcycle Instrument Cluster Market Participants
The following are a few examples of market participants from various value chains in the worldwide motorcycle instrument clusters market:
- Robert Bosch GmbH.
- Nippon Seiki Co., Ltd.
- Visteon Corporation.
- Continental AG.
- Calsonic Kansei Corporation.
- MTA S.p.A.