Press release
Motorcycle Anti-lock Braking Systems Market Size and Forecast to Grow at a CAGR of 36.22% By 2021
Motorcycle ABS is a device which prevents the wheels of a motorcycle from locking when a driver applies brake suddenly. This results in maintaining stability after hard braking and reduces stopping distance. Hence, this device increases the safety quotient of the rider. ABS is widely considered to be the preferred device for motorcycle riders as it provides efficient braking and stability during emergency situations. Safety from the consequences of emergency braking offered by ABS when used in a motorcycle and add-on features of its advanced versions make two-wheelers more viable for touring purposes
Technavios analysts forecast the global motorcycle anti-lock braking systems market to grow at a CAGR of 36.22% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global motorcycle anti-lock braking systems market for 2017-2021. To calculate the market size, the report considers the sales revenue generated from the motorcycle ABS market across the geographies.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Motorcycle Anti-lock Braking Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Bosch
Continental
ZF TRW
BWI Group
Honda Motor Group
Other prominent vendors
Aisin Seiki
Brakes India
Hitachi Automotive System
NXP
Johnson Electric
Market driver
The dual safety benefit of reduction in stopping distance and skidding during sudden braking
For a full, detailed list, view our report
Market challenge
Heavy penetration of low-cost bikes in India, China, and the UK
For a full, detailed list, view our report
Market trend
Lightweighting of ABS
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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