Asia-Pacific two-wheeler instrument
cluster market is expected to grow at brisk rate during the forecast period on
account of increasing two-wheeler sales across the region. Growing technological advancements and
increasing adoption of feature-rich instrument clusters are some of the other
factors that are positively influencing the Asia-Pacific two-wheeler instrument
cluster market until 2028. In 2021, India overtook China and emerged as the
global leader in the two-wheeler market by producing 19.9 million two wheelers
when compared with 14.3 million units in China.
Asia-Pacific market of two-wheeler
instrument cluster can be segmented based on the vehicle type, instrument
cluster type, display screen and display color. Based on vehicle type, the two-wheeler
instrument cluster market of Asia-Pacific can be segmented into motorcycles,
scooters/mopeds and electric two-wheelers. Motorcycles is the dominant segment
in the market and the trend is likely is likely to continue in the forthcoming
years as well. This is due to the growing preference for the motorcycles and
high speed of the vehicle when compared with other counterparts. In terms of
instrument cluster type, the market can be segmented into analog, digital and
hybrid. Hybrid cluster are combinations of analog and digital cluster. Digital
is the preferred instrument cluster among customers as they like the number
format and provide more information than other types of speedometers. On the
basis of display screen, the market can be bifurcated into TFT/LCD and normal.
Normal display accounted for the majority share in the market and the segment
is poised to grow at impressive rate until 2028.
Two-wheeler instrument cluster market
of Asia-Pacific is growing at an impressive rate on account of growing two-wheeler
production and sales and increasing per-capita income which is driving the
market. In terms of regional analysis, the market for two-wheeler instrument
cluster has been segmented into China, India, Japan, Taiwan, Vietnam and
Indonesia. India, followed by China, are the largest market of two-wheelers,
which is attributing to the higher share of these countries in the two-wheeler
instrument cluster market of Asia Pacific.
Major companies operating in the Asia-Pacific
Two-Wheeler Instrument Cluster recorded high sale volumes in the 2022 financial
year and the trend is likely to continue in the forecast period. List of major
players operating in the region include JNS Instruments Limited, Pricol
Limited, Minda Stoneridge Instruments Limited, Magneti Marelli India Private
Limited, Nippon Seiki, Daytona, Calsonic Kansei, Suprajit Engineering Limited, Sunrise
Automotive Instruments, Galaxy Indicators, etc. Key players operating in the market are investing in innovations
to earn sound returns on investments. Moreover, strategic moves such as mergers
and collaborations are also helping the key players of two-wheeler instrument
cluster market to magnify their customer base and expand sales &
distribution networks. JNS and Pricol are among the major companies due to
collaboration with leading two-wheeler companies and high brand acceptance.
Objective of the Study:
- To analyze and forecast the market size of Asia-Pacific Two-Wheeler
Instrument Cluster market, in terms of value and volume.
- To classify and forecast Asia-Pacific Two-Wheeler Instrument
Cluster market based on vehicle type, instrument cluster type, display
screen, display color and country.
- To identify drivers and challenges for Asia-Pacific Two-Wheeler
Instrument Cluster market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Asia-Pacific Two-Wheeler
Instrument Cluster market.
- To conduct pricing analysis for Asia-Pacific Two-Wheeler Instrument
Cluster market.
- To identify and analyze the profile of leading players operating in
Asia-Pacific Two-Wheeler Instrument Cluster market.
Download Free Sample Report
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of leading manufacturers across the globe. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service offerings, distribution channels and presence of all
major players operating in Two-Wheeler Instrument Cluster market in Asia-Pacific.
TechSci
Research calculated the market size of Asia-Pacific Two-Wheeler Instrument
Cluster market using a bottom-up approach, where data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target
Audience:
- Component & Material Providers
- Automotive Instrument Cluster Manufacturers
and Suppliers
- OEM manufacturers, suppliers, distributors and
other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
two-wheeler instrument cluster market
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as skid steer
and compact track loader manufacturers, suppliers, distributors and other
stakeholders. The report would enable the stakeholders in strategizing
investments and capitalizing on emerging market opportunities.
|
Attribute
|
Details
|
|
Base
Year
|
2022
|
|
Historic
Data
|
2018 – 2021
|
|
Estimated
Year
|
2023
|
|
Forecast
Period
|
2024 – 2028
|
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
|
|
Report
coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments
covered
|
·
Vehicle Type
·
Instrument Cluster Type
·
Screen
·
Color
|
|
Country
scope
|
India, China,
Japan, Taiwan, Indonesia & Vietnam
|
|
Key
companies profiled
|
JNS Instruments Limited,
Pricol Limited, Minda Stoneridge Instruments Limited, Magneti Marelli India
Private Limited, Nippon Seiki, Daytona, Calsonic Kansei, Suprajit Engineering
Limited, Sunrise Automotive Instruments, Galaxy Indicators
|
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country, &
segment scope.
|
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase
options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Asia-Pacific Two-Wheeler Instrument Cluster
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, By Vehicle Type:
- Motorcycles
- Scooters/Mopeds
- Electric Two-Wheelers
- Market, By Instrument Cluster Type:
- Market, By Display Screen:
- Market, By Display Color:
- Market, By Country:
- India
- China
- Japan
- Taiwan
- Indonesia
- Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Asia-Pacific Two-Wheeler Instrument Cluster market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]