Two-wheeler Braking System Market Size to Grow by USD 874.82 Million, Rising Electronic Content in Two-wheelers to Boost Market Growth

NEW YORK, Nov 16, 2022 /PRNewswire/ — The “Two Wheeler Braking System Market by Application (Motorcycle and Scooters) and Geography (APAC, NorthAmerica, Europe, South Americaand Middle East other Africa) – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the two-wheeler braking system market size between 2021 and 2026 is USD 874.82 million. To get the exact yearly growth variance and the YOY growth rate, Request a FREE PDF Sample Report.

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

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

Key Market Dynamics

  • Market Drivers: The rising electronic content in two-wheelers is driving the market growth. The growing acceptance of electronic content in two-wheelers leading to the rapid electrification of mechanical components. The advent of wheel speed sensors has led to the development and incorporation of ABS in two-wheelers. The rising use of automotive electronics in modern vehicles requires the adoption of automotive brake-by-wire systems to control body electronics in vehicles. The growing penetration of electronics and the rising dependence of vehicles on such electronics are making automotive brake-by-wire systems mainstream in vehicles.

  • Market Challenge: The design complications arising from the sophisticated braking systems will challenge the market during the forecast period. With the increasing application of ABS, the complexity of the control unit is rising. This increases repair costs significantly. Brake pads and brake linings are made from blends of nearly 10 to 20 types of materials. Hence, the blending process is highly complicated. Vendors need to choose high-performance and high-quality friction materials and adopt refined manufacturing processes to maintain the quality of friction materials. This increases the dependency of vendors on friction material suppliers, which will impede the global two-wheeler braking system market growth during the forecast period.

To learn about additional key drivers, trends, and challenges available with Technavio, Read our FREE Sample Report right now!

Market segmentation

the motorcycle segment will be a significant contributor to market growth during the forecast period. The adoption of commuter motorcycles is high in emerging economies such as India. Developed economies such as the US are the biggest adopters of heavyweight motorcycles. Economical pricing leads to the adoption of commuter motorcycles. The high presence of the middle-income population in emerging economies is increasing the demand for commuter motorcycles.

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

Find additional insights into the contribution of all the 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 AG

  • Endurance Technologies Ltd.

  • Hitachi Ltd.

  • Honda Motor Co.Ltd.

  • Masu Brake Pads Pvt. ltd

  • MK Group

  • NXP Semiconductors NV

  • Robert Bosch GMBH

  • ZF Friedrichshafen AG

Want your report customized? Speak to an analyst and personalize your report according to your needs

Related Reports

Two-wheeler Ignition Switch Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The integration of ignition switches with other features is driving the market growth. The integration of ignition switches with multiple features will prove beneficial for manufacturers in terms of costs. For instance, the increasing popularity of integrating the immobilizer with the ignition switch supports the two-wheeler ignition switch market in terms of value.

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

Two-wheeler Braking System Market Scope

report coverage

details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 5.88%

Market growth 2022-2026

USD 874.82 million

Market structure

fragmented

YoY growth (%)

5.72

Regional analysis

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

Performing market contribution

APAC at 68%

Key consumer countries

India, China, Indonesia, Vietnam, and Malaysia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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 inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get customized segments.

Browse Consumer Discretionary Market Reports

Key topics covered

1 executive 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 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
E-mail:[email protected]
site: www.technavio.com/

Global Two Wheeler Braking System Market 2022-2026

Global Two Wheeler Braking System Market 2022-2026

surgery

surgery

View original content to download multimedia:https://www.prnewswire.com/news-releases/two-wheeler-braking-system-market-size-to-grow-by-usd-874-82-million-rising-electronic -content-in-two-wheelers-to-boost-market-growth—17-000-technavio-research-reports-301678803.html

SOURCE Technavio

Leave a Comment