According to a new report by UnivDatos Market Insights, the Two-wheeler TFT Display Market globally is expected to reach USD 951.97 Million in 2030 by growing at a CAGR of 12.76%. The major factors contributing to the growth of the market are the increasing adoption of electric motorcycle and scooters worldwide, enhanced functionalities and user-experience, supply chain upgrades across India and Southeast Asia, and increasing safety regulations and industry standards.
The two-wheeler TFT display market is witnessing substantial growth and progress due to the increasing adoption of electric motorcycles/scooters and decreasing battery costs. The two-wheeler industry has seen a major shift towards fully electric propulsion systems in recent years due to increasing concerns about the environment and to achieve the net-zero emission target. This has been a key driver for the increased demand and usage of TFT display in electric motorcycles and scooters. One of the main reasons for this trend is the push for decarbonization and sustainability.
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With stricter emissions regulations being enforced, two-wheeler companies are looking for cleaner energy alternatives to traditional fuel oil engines. Electric systems powered by lithium-ion batteries generate zero emissions and help to reduce their carbon footprint. For instance, in 2022, TVS Motor, an Indian-based two-wheeler manufacturers has sold 81,697 units of iQube in the year 2023 compared to 59,166 units in 2022. Major two-wheeler companies like TVS, Honda, and Ola have already added electric motorcycles and scooters to their product line. Furthermore, the costs of lithium-ion batteries have also reduced dramatically in the last decade, making electric solutions more financially viable. For instance, in 2023, At the 2023 EICMA Milan Motorcycle Show, Honda confirmed the production of its swappable battery electric scooter, the Honda SC e. The scooter is part of Honda’s plan to release 10 electric motorcycle and scooter models by 2025. The SC e: is designed for a largely European market and features a distinctive, ultra-modern design with a large flat floor and long wide seat. It will be equipped with two swappable Honda Mobile Power Pack e-batteries for a longer riding range. The production version of the SC e: is expected to be introduced in 2025 with TFT display. Therefore, the launch of electric scooters and motorcycles has increased the demand for the TFT display in the forecast period.
Enhancing Rider Information and Communication with Two-wheeler TFT Displays
The integration of TFT displays in two-wheeler vehicles has revolutionized the way riders access information and communicate with their motorcycles. These displays provide a wealth of data and features that enhance the riding experience and improve safety. In this article, we will explore the latest advancements in two-wheeler TFT displays and how they benefit riders.
Integrated Connectivity Cluster (ICC)
The Integrated Connectivity Cluster (ICC) is an all-in-one rider information and communication system for two-wheelers and powersports vehicles. It combines a full-color TFT display with an outstanding Human-Machine Interface (HMI) to improve readability and connectivity. The ICC also allows connected functions and services to enhance the overall riding experience.
mySPIN Integration Solution
The mySPIN integration solution provides safe and easy access to smartphone content for riders. This feature enables riders to receive turn-by-turn arrows, navigation information, and other relevant data while on the road. The mySPIN solution is compatible with various motorcycle brands and has been praised by riders for its convenience and ease of use.
Vehicle Information and Riding Data
TFT displays can provide riders with essential vehicle information, such as engine speed, average fuel consumption, coolant temperature, battery voltage, and ambient temperature. Riders can also track and record key motorcycle ride data, including distance covered, acceleration, and fuel economy. This data can be shared with others to receive rankings and recognition on a global scale.
Y-Connect Feature
Yamaha’s 2023 MT-07, for example, comes with a new TFT display and the Y-Connect feature, which offers smartphone connectivity. Riders can receive incoming calls, email, and message notifications, as well as time, phone battery level, and connection status on the TFT display. The Y-Connect app also allows riders to track and record key motorcycle ride data and share it with others.
Innovative Companies in the Two-wheeler TFT Display Market: Driving Growth and Development
The two-wheeler TFT display market is experiencing significant growth and development, driven by innovative companies that are incorporating advanced technologies into their products. This article highlights some of the latest instances of companies leading the charge in the two-wheeler TFT display market.
NXP: NXP is a leading company in the automotive segment, offering real-time products for edge processing and promoting the adoption of i.MX 93 applications processors and i.MX RT1170 crossover MCUs.
Ducati: Ducati, a renowned motorcycle manufacturer, has introduced TFT displays in its Monster Line, offering better visibility, sharper graphics, and customizable layouts. They are also working on integrating advanced features like GPS, Bluetooth, and multimedia controls.
Bosch: Bosch has debuted compact five-inch TFT displays for motorcycles, providing riders with essential information briefly. They are also focusing on developing advanced connectivity and enhanced user experience.
Continental AG: Continental AG is a major player in the two-wheeler TFT display market, offering innovative solutions for instrument clusters and other display applications.
KTM: KTM has introduced connected motorcycles equipped with infotainment systems featuring TFT displays and smartphone connection, enhancing the riding experience.
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Conclusion
The two-wheeler TFT display market is experiencing significant growth and innovation, spurred by the ever-increasing demand for electric propulsion system in the two-wheeler industry, growing government regulations to reduce carbon emission. With continuous improvements in operational efficiency, as well as specialized companies and major battery manufacturers playing an active role in influence the demand for the TFT display in two-wheeler industry. Furthermore, the latest advancements in such as Anti-lock Braking System, ABS cornering, and traction control has been available and accessible at mid-price bikes, which has further crated the immense demand for the two-wheeler TFT display in the market.
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