Global Motorcycle Traction Control System Market Report 2019 - Detailed Analysis of Future Trends & Growth Opportunities

Traction control system, which was once preserved for Moto GP is now being equipped in low powered motorcycles as well as scooters. Traction control system prevents slip of tire when power supplied to tires overcomes the friction provided by road.

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Scope of the Report:
This report studies the Motorcycle Traction Control System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Motorcycle Traction Control System market by product type and applications/end industries.
Traction control system uses the ABS sensors to determine the relative speed of front and rear wheel, it actuates when system observes slip in rear tire and decreases the rear wheel speed by retarding ignition timing, electronically adjusting throttle or by shutting off the ignition in engine cylinder (in multi cylinder engine).
The method of decreasing power supply is chosen by their manufacturers depending on the motorcycles. Chosen method affects the system price radically. This system requires various sensors and actuators. These components elevate the system’s cost to a higher level. Most of the motorcycle OEMs manufacture their own systems whereas others outsource it. Traction control systems are still limited to performance bikes, use of these systems are increasing and gradually moving towards lower capacity motorcycles.
The global Motorcycle Traction Control System market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Motorcycle Traction Control System.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

Market Segment by Companies, this report covers
Continental
Bosch
BMW Motorrad
Ducati
Kawasaki
Aprilia
MV Agusta
Yamaha
Bazzaz
Nemesis
Gripone

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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
High capacity motorcycles
Low capacity motorcycles

Market Segment by Applications, can be divided into
Aftermarket
OEMs

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