Asia-Pacific Two Wheeler Instrument Cluster Market By Vehicle Type (Motorcycles, Scooters/Mopeds & Electric Two-Wheelers), By Instrument Cluster Type (Analog, Digital & Hybrid), By Display Screen, By Display Color, By Country, Competition, Forecast & Opportunities, 2024

Asia-Pacific two wheeler instrument cluster market is expected to grow at a 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 expected to positively influence the region’s two wheeler instrument cluster market during the forecast period. In 2017, India overtook China and emerged as the global leader in the two wheeler market by producing 19.9 million two wheelers, compared with 14.3 million units produced by China.

Asia-Pacific two wheeler instrument cluster market can be segmented based on 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 categorized into motorcycles, scooters/mopeds and electric two-wheelers. Motorcycles segment dominated the market in 2018 and the trend is likely to continue in the coming years as well, on account of growing preference for motorcycles and high speed of the vehicle when compared with its counterparts. In terms of instrument cluster type, the market can be segmented into analog, digital and hybrid. Hybrid cluster is a combination of analog and digital cluster. Digital is the preferred instrument cluster among customers across the region, as this type of instrument cluster provides 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 in 2018 and the segment is anticipated to grow at an impressive rate during the forecast period.

Two wheeler instrument cluster market of Asia-Pacific is registering growth, on the back of increasing two-wheeler production and sales and rising per capita income. 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 markets of two-wheelers across the region, thus these two countries account for the largest share in Asia-Pacific two wheeler instrument cluster market.

Major companies operating in the region’s two wheeler instrument cluster market recorded high sale volumes in the financial year 2018 and the trend is likely to continue during 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 in the market, backed by their high brand acceptance and collaboration with leading two wheeler companies.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

• To analyze and forecast Asia-Pacific two wheeler instrument cluster market size.
• 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.

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Some of the leading players in Asia-Pacific two wheeler instrument cluster market 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.

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 region. 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 product offerings, distribution channels and presence of all major players operating in two-wheeler instrument cluster market in Asia-Pacific.

TechSci Research calculated Asia-Pacific two wheeler instrument cluster market size 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 industry stakeholders such as two-wheeler instrument cluster manufacturers, suppliers, distributors and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.

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:
• Analog
• Digital
• Hybrid
• Market, by Display Screen:
• Normal
• TFT/LCD
• Market, by Display Color:
• Monochrome
• Colored
• 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).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com