DUBLIN, November 30, 2017 /PRNewswire/ --
The "Global Motorcycle Anti-lock Braking Systems Market 2017-2021" report has been added to Research and Markets' offering.
The global motorcycle anti-lock braking systems market to grow at a CAGR of 36.22% during the period 2017-2021.
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 report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is The dual safety benefit of reduction in stopping distance and skidding during sudden braking. Motorcycles are the most vulnerable mode of transportation when compared to other vehicles, such as passenger cars, trucks, or buses. They have less stability and low visibility than other road users. Quite often, motorcycles are built with high performance engines, which further increases the vehicle's instability by resulting in volatile weight-to-torque ratio. These factors make motorcycles one of the most vulnerable machines on the road.
The latest trend gaining momentum in the market is Lightweighting of ABS. In 2015, Bosch launched its ABS 10 at the Milan Motorcycle Show also known as EICMA (Esposizione Internazionale Ciclo Motociclo e Accessori) 2015. Kawasaki Versys-X 300 ABS has been launched worldwide as the world's first production model to be fitted with lightweight ABS 10 developed by Bosch. Moreover, the Suzuki GSX-S125 ABS 2018 model will also have the lightweight ABS 10. ABS 10 is estimated to be approximately 30% lighter and 45% smaller in size than ABS 9. Also, compared to its predecessor, it has high-level standard features and functions.
Further, the report states that one of the major factors hindering the growth of this market is Heavy penetration of low-cost bikes in India, China, and the UK. India and China make up for roughly 75% of the global motorcycle market and are completely reigned by commuter class bikes. APAC is dominated by entry-level motorcycles having engine size below 400cc. The Chinese and Indian two-wheeler markets are concentrating on producing motorcycles for economic and quick commutes. With the increasing purchasing power of the middle class, the number of vehicles on roads is increasing. Hence, most two-wheeler sales happen in the budget category.
- ZF TRW
- BWI Group
- Honda Motor Group
Other prominent vendors
- Aisin Seiki
- Brakes India
- Hitachi Automotive System
- Johnson Electric
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Abs Type
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/qj59lc/global_motorcycle
Laura Wood, Senior Manager
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SOURCE Research and Markets