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Motorcycle Instrument Cluster Market size is set to grow by USD 270.8 million from 2024-2028, Economies of scale benefits owing to declining prices of LCD/TFT displays boost the market, Technavio

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NEW YORK, July 8, 2024 /PRNewswire/ — The global motorcycle instrument cluster market size is estimated to grow by USD 270.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.02%  during the forecast period. economies of scale benefits owing to declining prices of LCD/TFT displays is driving market growth, with a trend towards multilayer displays enabling further developments in digital instrument clusters. However, unpopularity of instrument clusters among motorcycle enthusiasts  poses a challenge. Key market players include Comoto Holdings Inc., Continental AG, Dakota Digital Inc., JPM Group, Koso North America, Marelli Holdings Co. Ltd., Microchip Technology Inc., motogadget GmbH, MTA Spa, Nippon Seiki Co. Ltd., NXP Semiconductors NV, Qt Group, Robert Bosch GmbH, Suprajit Engineering Ltd., Texas Instruments Inc., TRAIL TECH, Valeo SA, Visteon Corp., Volkswagen AG, and Yazaki Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Motorcycle Instrument Cluster Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.02%

Market growth 2024-2028

USD 270.8 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

3.61

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 69%

Key countries

China, India, US, Indonesia, and Canada

Key companies profiled

Comoto Holdings Inc., Continental AG, Dakota Digital Inc., JPM Group, Koso North America, Marelli Holdings Co. Ltd., Microchip Technology Inc., motogadget GmbH, MTA Spa, Nippon Seiki Co. Ltd., NXP Semiconductors NV, Qt Group, Robert Bosch GmbH, Suprajit Engineering Ltd., Texas Instruments Inc., TRAIL TECH, Valeo SA, Visteon Corp., Volkswagen AG, and Yazaki Corp.

 

Market Driver

The motorcycle instrument cluster market is experiencing a shift towards 3D graphics interfaces due to their increased precision and customer satisfaction. Vendors are focusing on developing realistic 3D graphics displays, with multilayer technology being the latest addition. Visteon, a prominent vendor, has introduced a multilayer display that stacks two high-resolution displays, creating a sense of depth without the need for glasses. This innovation was well-received during its unveiling at CES 2017, as users preferred the 3D graphics experience over traditional flat displays. The unique selling point of this technology is the ability to provide 3D graphics without the need for glasses, expanding its appeal to a wider customer base and driving growth in the motorcycle instrument cluster market. 

The Motorcycle Instrument Cluster market is witnessing significant trends with the integration of smartphone connectivity. Manufacturers are focusing on producing Digital and Hybrid Instrument Clusters with LCD and TFT displays, offering advanced graphics, tuning, and sensors. Premium and Mid-Premium motorcycle segments lead the market, while Commuter segment follows. CPUs and ergonomic designs ensure comfort and connectivity functions like phone calls, messages, music, and smartphone apps. Wi-Fi, GPS, Navigation, and Safety features are becoming essential. Analog Instrument Clusters continue to coexist, with indicators, gauges, and sensors. Motorcycle production volumes drive the demand for Connected Motorcycle technology. Price sensitivity remains a key factor. 

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Market Challenges

The motorcycle instrument cluster market faces uncertainty due to the divide among motorcycle enthusiasts regarding the acceptance of advanced technologies. While some embrace innovations like throttle mapping and enhanced braking for improved safety, others believe these features dilute the raw riding experience. The Harley Owners Group, a prominent motorcycle community, represents this perspective. The challenge for market growth lies in winning over the skeptics and striking a balance between technology and tradition. The Motorcycle Instrument Cluster market faces several challenges. Indicators and gauges like speedometer, RPM, fuel gauge, temperature gauge, and battery voltage indicators are essential for riders. However, motorcycle production volumes and price sensitivity impact market growth. Connected Motorcycle technology, including GPS, navigation, safety features, and Bluetooth, is driving demand. OEMs and aftermarket players offer digital instrument panels, dashboard-type devices, and high-tech instrument panels with touchscreens and digital displays. Motorcyclists seek personalized features, high resolution, and full-color TFT displays. Motorbike construction, state-of-the-art technology, and fun-to-ride experience are also crucial factors. Challenges include screen malfunctions, compatibility issues, and the integration of advanced safety technologies like crash warning systems and adaptive cruise control. Electric motorcycles and their specific instrumentation requirements present additional challenges.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This motorcycle instrument cluster market report extensively covers market segmentation by  

End-user 1.1 Automotive1.2 Construction and mining1.3 OthersType 2.1 Hybrid2.2 Digital2.3 AnalogGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Automotive-  The automotive sector, a major end-user, is leading the growth of the global motorcycle instrument cluster market. Manufacturers like Yamaha and BMW Motorrad are at the forefront, producing advanced and user-friendly clusters with features such as GPS navigation, smartphone connectivity, and enhanced diagnostics. These benefits include improved safety, seamless communication, and real-time information for riders. Strict government regulations, including Bharat Stage VI in India and Euro 5 in Europe, necessitate the use of advanced instrument clusters. These regulations demand better display and warning systems for compliance with safety and emission standards. The automotive segment, represented by companies like Yamaha and BMW Motorrad, will significantly contribute to the expansion of the global motorcycle instrument cluster market due to continuous technological advancements and the increasing popularity of motorcycles worldwide.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Motorcycle Instrument Cluster Market encompasses various indicators and gauges designed to enhance the riding experience for motorcyclists. These include essential components like an odometer for tracking mileage, speedometer for monitoring speed, tachometer for measuring engine RPM, fuel gauge for managing fuel levels, and temperature gauge for engine temperature. Advanced instrument clusters feature digital displays, touchscreens, and connectivity options such as Bluetooth, GPS navigation, and GPS. Motorcycle production volumes continue to rise, driving demand for high-tech instrument panels that offer personalized features and real-time information. Analog gauges remain popular, but the trend is shifting towards more advanced, dashboard-type devices with high-resolution digital displays and integrated sensors. Motorcyclists seek improved functionality and convenience, making the Motorcycle Instrument Cluster Market an exciting and dynamic space for innovation.

Market Research Overview

The Motorcycle Instrument Cluster market encompasses a range of indicators and gauges designed to enhance the riding experience. These include Speedometer, Tachometer, Odometer, Fuel gauge, Temperature gauge, Battery voltage indicators, and various analog and digital displays. Motorcycle production volumes continue to grow, fueled by the increasing popularity of connected motorcycles equipped with GPS, navigation, safety features, and smartphone connectivity. Price sensitivity varies across commuter, OEM, and aftermarket segments. Digital instrument panels, including dashboard-type devices and high-resolution TFT displays, are becoming increasingly common. Motorbike makers offer personalized features and state-of-the-art technology, such as touchscreens, digital displays, connectivity, Bluetooth, GPS navigation, safety technologies like crash warning systems and adaptive cruise control, and ergonomic designs. The market caters to various bike types, including electric motorcycles, and continues to evolve with advanced instrumentation and riding experience enhancements.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userAutomotiveConstruction And MiningOthersTypeHybridDigitalAnalogGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Most Users Are NOT Using AI Companion as Their AI Girlfriend – Insights from Muah AI User Survey

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LOS ANGELES, Sept. 22, 2024 /PRNewswire/ — Muah AI/

In a world where artificial intelligence (AI) is becoming increasingly intertwined with daily life, the idea of having an AI companion or even an AI “girlfriend” has gained significant attention. While this concept has sparked curiosity, excitement, and even controversy, a recent survey by Muah AI has shed light on the reality of how users are actually engaging with these AI companions. According to the survey results, fewer than 2% of users consider themselves to be in a serious romantic relationship with their AI companion, with the overwhelming majority regarding it as a source of entertainment and roleplaying.

This revelation presents an interesting twist to the popular narrative surrounding AI and human relationships. Many assumed that, with the rise of sophisticated AI that can mimic human emotions and responses, people would begin forming deep emotional bonds with these digital entities. However, the survey data from Muah AI shows that, at least for now, the vast majority of users are not taking these AI relationships as seriously as some might have thought.

The Emergence of AI Companions

AI companions, or “AI girlfriends” as some platforms market them, have become a hot topic over the past few years. Platforms like Replika, Anima, and Muah AI offer users the chance to interact with a personalized AI, which can carry on conversations, offer emotional support, and even engage in roleplaying scenarios that resemble a relationship. The premise is simple: using advanced machine learning algorithms and natural language processing, these AI companions can learn from their users, creating the illusion of intimacy and personalization.

The potential appeal is obvious. For those who are lonely, socially anxious, or seeking comfort, the idea of having an AI that is always available, non-judgmental, and designed to cater to their emotional needs can be incredibly attractive. In fact, there are numerous reports and anecdotes from individuals who claim to have developed genuine emotional connections with their AI companions. But as the Muah AI survey shows, these instances may be far rarer than media headlines suggest.

Survey Results: Entertainment Over Emotional Investment

Muah AI‘s survey provides a comprehensive look at how its users interact with their AI companions, and the results challenge the notion that most users are looking for a serious relationship with AI. According to the data:

Less than 2% of users consider themselves to be “seriously dating” their AI companion.A significant majority view their interactions with the AI as a form of entertainment or roleplaying rather than a meaningful romantic or emotional connection.Many users engage with AI companions out of curiosity or as a way to pass the time, often treating the interactions as light-hearted and fun rather than a substitute for a real-life relationship.A notable portion of users also expressed that they enjoy using AI companions for creative roleplaying scenarios, where they can explore fictional or fantasy-based interactions without any real-world implications.

This data suggests that while the idea of an “AI girlfriend” may be intriguing, most users are not approaching it with the intention of forming a serious romantic bond. Instead, they are treating it more like a game or simulation, where they can experiment with different types of interactions and relationships in a low-stakes environment.

Why Are Users Hesitant to Commit to AI Companions?

There are several reasons why users may be hesitant to view their AI companion as a genuine romantic partner. First and foremost is the awareness of the artificial nature of the interaction. While AI can simulate human conversation and emotions, most users are well aware that these responses are pre-programmed and algorithmically generated. The knowledge that their “partner” is ultimately a machine can create a barrier to forming a deep emotional connection.

Moreover, many users view AI companions as a tool for escapism or fantasy rather than a replacement for real-life relationships. In the same way that people may enjoy playing video games or engaging in fictional roleplaying, interacting with an AI companion can offer a similar outlet for creativity and entertainment. These users are not seeking emotional fulfillment from the AI but rather a way to explore different scenarios and personalities without the complexities of real-world dynamics.

Additionally, there are ethical and philosophical concerns that may prevent users from seriously considering a relationship with AI. The idea of forming a romantic connection with a machine raises questions about authenticity, consent, and the nature of love. Many users may feel uncomfortable with the idea of developing feelings for an entity that lacks true emotions or consciousness, no matter how convincing the simulation may be.

The Future of AI Companions: Entertainment or Emotional Support?

While the Muah AI survey indicates that most users are not taking their AI companions seriously as romantic partners, that does not mean that AI companions are without value. For many, these AI entities serve as a valuable source of emotional support and companionship. Users who are isolated, dealing with mental health challenges, or simply looking for someone to talk to may find comfort in the consistent and non-judgmental nature of an AI companion.

Furthermore, the role of AI in human relationships may evolve as the technology continues to improve. As AI becomes more advanced, it is possible that future iterations of AI companions could offer even more realistic and emotionally engaging interactions. This could blur the line between entertainment and emotional connection even further, leading to more users considering AI as a legitimate relationship option.

However, the survey data suggests that for now, AI companions are primarily being used for fun and fantasy rather than serious emotional investment. Whether this changes in the future will depend not only on advancements in AI technology but also on shifting societal attitudes towards AI-human relationships.

Conclusion

The concept of an “AI girlfriend” may have captured the imagination of many, but Muah AI‘s survey reveals that most users are not taking their AI companions seriously as romantic partners. With fewer than 2% of users considering themselves to be in a serious relationship with their AI, it’s clear that the majority view these interactions as a form of entertainment or roleplaying rather than a meaningful emotional connection.

As AI technology continues to develop, it will be fascinating to see how users’ relationships with AI companions evolve. For now, however, it seems that the allure of AI companionship lies more in its ability to entertain and provide creative outlets than in offering a substitute for real-life romantic relationships.

Ultimately, the future of AI-human relationships is still in its early stages, and as AI becomes more capable, the way people engage with these digital companions may change. But as of now, it’s clear that most users are enjoying the novelty of AI companionship without taking it too seriously—at least not yet.

Media/Business Contact Information:
Muah AI 

PR Director:
Ashley

Contact Number:
+1 626-677-6013

Company Website:
https://muah.ai 

Company email:
love@muah.ai

Feel free to reach out if you are interested in writing a dedicated piece about Muah AI!

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SOURCE Muah AI

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Internet Society Report Highlights Challenges and Recommendations for Internet Connectivity in the Middle East

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WASHINGTON, Sept. 22, 2024 /PRNewswire/ — The Internet Society (ISOC), a global charitable organization advocating for an open, globally connected, and secure Internet, released a comprehensive report on the state of Internet connectivity across the Middle East and North Africa (MENA) region.

The report underscores Internet connectivity as a catalyst for economic growth and social development and how an increase in fixed broadband access has a direct impact on growing gross domestic product (GDP).

Key Findings:

Growth in Mobile and Fixed Broadband: Both mobile and fixed broadband connections have grown substantially from 2015 to 2021, particularly in Gulf States with advanced fiber-optic and 5G networks. However, deployment has been slower in other parts of the region, primarily due to infrastructure challenges and affordability issues.

Mobile Internet users increased from 130M to over 180M between 2016 and 2021, with Egypt, Tunisia, and Morocco showing the highest growth rates. Fixed broadband users rose from 17M to 29M in the same period, with Egypt leading the way. The Arab region lags behind other regions in fiber optic deployment, with stagnation in investment since 2018.

High-Income Countries: Significant progress in broadband infrastructure, especially in Gulf Cooperation Council (GCC) countries due to 5G rollout. High-income countries improved their Internet availability from 77.34 to 79.37, surpassing global averages.Low-Middle-Income Countries: Broadband has improved modestly, but challenges persist. Despite overall progress, a significant digital divide remains between high-income and low-middle-income countries, partly due to political and economic instability in some regions, such as Tunisia and Syria.

Infrastructure Challenges: There is a heavy reliance on European Internet Exchange Points for international Internet traffic, which results in slower speeds due to additional data hops.

Emerging Technologies: The report emphasizes the role of emerging technologies such as High-Throughput Satellites (HTS) and Low-Earth Orbit (LEO) satellites in bridging the connectivity gap. These technologies are crucial for expanding access to underserved rural areas.

Impact of COVID-19: The COVID-19 pandemic has adversely affected network performance and digital transformation plans, causing delays and disruptions in connectivity improvements.

Recommendations:

Policy and Regulation: The Internet Society advocates revising regulatory frameworks to accelerate infrastructure deployment. Key recommendations include enhancing spectrum policies, removing regulatory barriers, and fostering public-private partnerships to drive investment, competition, and support for small and medium enterprises.

Spectrum Availability: North African countries have limited spectrum compared to global averages, impacting network capacity and costs.Regulatory Frameworks: Enhance regulatory frameworks to foster investment, encourage spectrum and infrastructure sharing, and support new technologies like HTS and LEO satellites.

Collaboration and Investment: Promote public-private partnerships and update national broadband plans to improve infrastructure and connectivity.

Digital Skills and Literacy: Addressing digital skills and literacy is crucial for maximizing the benefits of Internet connectivity. The report calls for more affordable, relevant, and inclusive education and training programs to build a digital workforce.

Local Internet Exchange Points (IXPs): The report stresses the importance of establishing and upgrading IXPs to enhance local Internet traffic, reduce costs, and improve service quality. Governments are encouraged to support IXPs by providing resources and facilitating network interconnections.

“The Internet has become indispensable for many people, and its role in connecting people, fostering economic opportunities, and driving innovation is undeniable. The Arab region has made big leaps in the availability and adoption of the Internet in recent years; however, adoption rates are still low. We hope that governments will use our report to learn about the improvements that can be made in infrastructure deployment, affordability of service, market structure, and regulatory frameworks,” explains Nermine El Saadany, Regional Vice President for the Middle East for the Internet Society.

About the Internet Society
Founded by Internet pioneers, the Internet Society (ISOC) is a global charitable organization dedicated to ensuring the open development, evolution, and use of the Internet. Through a global community of chapters and members, the Internet Society collaborates with a wide range of groups to promote the technologies that keep the Internet safe and secure and advocates for policies that enable universal access. The Internet Society is also the organizational home of the Internet Engineering Task Force (IETF).

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Representatives from 57 countries, regions and 6 international organizations, are gathering in Suzhou.

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What important topics are they discussing about? Let’s find out!

BEIJING, Sept. 22, 2024 /PRNewswire/ — I’m Xiao Lin from National Immigration Administration. On September 9th, the first Sub-Forum on Migration Management Cooperation was successfully held. Representatives from all parties expressed their insights and appeals around the development and innovation of migration governance.

It was truly a content-rich event!

Why does the international community focus on the topic of “Migration Governance” so much?

At present, changes unseen in a century is unfolding at a faster pace. The situation in the wider world remains complex and fluid. However, peace, development, cooperation and win-win results are still an unstoppable historical trend. Migration governance is critical to economic development of individual countries, global security governance and international cultural and people-to-people exchanges. It has increasingly become a key issue in global governance.

Here are the key points:
At the forum, NIA made three commitments: implementing more open policies for the cross-border flow of people, more effective actions in the governance of transnational crimes and more extensive global cooperation in migration governance, injecting new impetus to opening up and development; At the same time, three initiatives have been put forward, [Original scene of the initiative] contributing China’s wisdom and solutions to global migration governance and further showcasing its image as an open, confident, secure, and thriving major power.

Representatives also made keynote speeches, sharing their migration governance policies, measures and experience, and providing their perspectives on regional and international migration governance.

Pooling wisdom for win-win results.

In a changing era, National Immigration Administration of China stands ready to work with all parties to promote global migration governance to a higher level and contribute more wisdom to world peace, development, prosperity and stability!

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SOURCE National Immigration Administration

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