Two-Wheel Braking Systems Market Size Expected to Grow USD 874.82 Million, Rising Electronic Content in Two-Wheelers to Drive Market Growth - 17,000+ Technavio Research Reports

Two-Wheel Braking Systems Market Size Expected to Grow USD 874.82 Million, Rising Electronic Content in Two-Wheelers to Drive Market Growth – 17,000+ Technavio Research Reports

NEW YORK, November 16, 2022 /PRNewswire/ — The “Two Wheel Braking System Market by application (motorcycles and scooters) and geography (APAC, North America, Europe, South Americaand Middle East and Africa) – The “Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years. The difference in potential growth for Two Wheel Braking System market size between 2021 and 2026 is $874.82 million. To get the exact annual growth variance and annual growth rate, request a FREE sample PDF report.

Technavio has announced its latest market research report titled Global Two-wheeler Braking System Market 2022-2026

Key market dynamics

  • Market engine: The increase in electronic content in two-wheelers is driving the growth of the market. The growing acceptance of electronic content in two-wheelers is leading to the rapid electrification of mechanical components. The advent of wheel speed sensors led to the development and integration of ABS into two-wheelers. The increasing use of automotive electronics in modern vehicles necessitates the adoption of brake-by-wire systems to control body electronics in vehicles. The increasing penetration of electronics and the increasing reliance of vehicles on such electronics is causing automotive cable brake systems to become widespread in vehicles.

  • Market challenge: Design complications resulting from sophisticated braking systems will challenge the market during the forecast period. With the increasing application of ABS, the complexity of the control unit increases. This significantly increases repair costs. Brake pads and brake linings are made from mixtures of nearly 10 to 20 types of materials. Therefore, the mixing process is very complicated. Suppliers should choose high-performance, high-quality friction materials and adopt refined manufacturing processes to maintain the quality of friction materials. This increases vendor dependence on friction material suppliers which will hamper the growth of the Global Two Wheel Braking Systems Market over the forecast period.

To learn more about the additional key factors, trends and challenges available with Technavio, Read our FREE sample report now!

Market segmentation

The motorbike will be a significant contributor to the growth of the market over the forecast period. Adoption of commuter motorcycles is high in emerging economies such as India. Developed economies such as the United States are the biggest adopters of heavy motorcycles. Economical pricing leads to the adoption of commuter motorcycles. The large presence of the middle-income population in emerging economies is increasing the demand for motorcycles for commuters.

APAC will be the leading region with 68% of the market growth during the forecast period. India, China, Indonesia, Vietnamand Malaysia are the key countries for the two wheel braking system market in APAC.

Find additional information on the contribution of all segments and regional opportunities in the report. Buy now for detailed segment information

Some companies mentioned

  • Aisin Corp.

  • Allied Nippon Pvt. ltd.

  • ASK Automotive Pvt. ltd.

  • Bavarian Motor Works AG

  • Beijing Shougang Co. Ltd.

  • Brembo SpA

  • Continental SA

  • Endurance Technologies Ltd.

  • Hitachi Ltd.

  • Honda Motor Co.Ltd.

  • Brake pads Masu Pvt. ltd.

  • MK Group

  • NXP Semiconductors AG

  • Robert Bosch GmbH

  • ZF Friedrichshafen AG

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Two-Wheel Electric Motors Market India Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The increase in sales of electric two-wheelers in India are driving the growth of the market. The demand for electric two-wheelers in India is growing at a rapid pace. Companies such as Ola Electric, Bounce Infinity, Simple Energy, Tork Motors and Ultraviolette entered the electric two-wheeler market in India.

Scope of the Two Wheel Braking System Market

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Decelerate at a CAGR of 5.88%

Market Growth 2022-2026

$874.82 million

Market structure

Fragmented

Annual growth (%)

5.72

Regional analysis

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

Successful market contribution

APAC 68%

Main consumer countries

India, China, Indonesia, Vietnam and Malaysia

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Aisin Corp., Allied Nippon Pvt. Ltd., ASK Automotive Pvt. Ltd., Bayerische Motoren Werke AG, Beijing Shougang Co. Ltd., Brembo SpA, Continental AG, Endurance Technologies Ltd., Hitachi Ltd., Honda Motor Co. Ltd., Masu Brake Pads Pvt. Ltd., MK Group, NXP Semiconductors NV, Robert Bosch GmbH and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

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Main topics covered

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

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Global Two-Wheel Braking Systems Market 2022-2026

Global Two-Wheel Braking Systems Market 2022-2026

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