Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.26 |
Two-wheeler ABS Market Analysis Report 2023-2032
The Two-wheeler ABS (Anti-lock Braking System) Market is projected to experience a Compound Annual Growth Rate (CAGR) of 6.92% between 2022 and 2032. Over this period, the market size is expected to witness a substantial increase of USD 3,214.50 million. The growth of this market is driven by various factors, including increasing safety awareness among motorcycle and scooter riders, government regulations mandating the use of ABS in two-wheelers, and advancements in ABS technology. The market primarily caters to the production of anti-lock braking systems for motorcycles and scooters, ensuring improved braking performance and safety.
Two-wheeler ABS Market Overview
Drivers
One of the primary drivers behind the growth of the Two-wheeler ABS Market is the rising safety awareness among motorcycle and scooter riders. As the awareness of road safety and the importance of anti-lock braking systems increases, consumers are increasingly opting for two-wheelers equipped with ABS. This has created a significant demand for motorcycles and scooters equipped with advanced safety features.
Government regulations mandating the use of ABS in two-wheelers are also significantly driving market growth. Many countries have introduced legislation that requires all new motorcycles and scooters to be equipped with ABS as a standard safety feature. This regulatory push has led to a widespread adoption of ABS technology in the two-wheeler industry.
Trends
An important trend shaping the Two-wheeler ABS Market is the continuous advancement in ABS technology. Manufacturers are constantly innovating to enhance the performance of ABS in two-wheelers. This includes developments in sensor technology, braking algorithms, and integration with other safety systems such as traction control.
Additionally, there is a growing trend toward the integration of combined braking systems (CBS) with ABS in two-wheelers. This combined approach enhances overall braking performance and simplifies braking for riders, especially in emergency situations.
Restraints
One of the challenges facing the Two-wheeler ABS Market is the initial cost of ABS systems. While ABS technology significantly improves safety, it can add to the overall cost of two-wheelers. This cost increase may deter price-sensitive consumers, particularly in emerging markets.
Another restraint is the need for skilled technicians and infrastructure for maintenance and repair of ABS-equipped two-wheelers. The complexity of ABS systems requires specialized knowledge for servicing and repair, which may pose challenges in areas with limited access to such expertise.
Two-wheeler ABS Market Segmentation by Application
The market primarily serves the motorcycle and scooter industry, with ABS systems designed for both segments. This includes various types of motorcycles, from sportbikes to cruisers, and a wide range of scooters.
Two-wheeler ABS Market Segmentation by ABS Type
The market offers different types of ABS systems, including single-channel and multi-channel ABS. These ABS types cater to various categories of two-wheelers and provide different levels of braking control and safety.
Asia-Pacific (APAC) is anticipated to be a key driver of global Two-wheeler ABS Market growth. This region is home to some of the largest two-wheeler markets in the world, and the demand for safe and reliable braking systems is on the rise. The introduction of government regulations mandating ABS in many APAC countries has accelerated the adoption of ABS technology.
The market faced a temporary slowdown during the COVID-19 pandemic as the focus shifted to immediate health concerns. However, as economies recover and consumers return to daily commuting, the demand for two-wheelers equipped with ABS is expected to regain momentum.
Two-wheeler ABS Market Customer Landscape
The Two-wheeler ABS Market report offers insights into the adoption patterns of the market, ranging from early adopters to laggards. The report examines adoption rates across different regions based on penetration levels. Moreover, the report delves into key criteria influencing purchase decisions, such as safety features, brand reputation, and pricing. These insights assist two-wheeler manufacturers in formulating effective strategies for market entry and growth.
Major Two-wheeler ABS Market Companies
Prominent players in the Two-wheeler ABS Market are implementing diverse strategies to strengthen their market presence. These strategies include research and development to enhance ABS technology, partnerships with two-wheeler manufacturers, expanding product portfolios, and geographic expansion to reach emerging markets.
Sample list of major companies in the market:
Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players.
Segment Overview
The Two-wheeler ABS Market report provides revenue forecasts on a global, regional, and country level. The report also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.
TABLE OF CONTENTS: GLOBAL Two-wheeler ABS MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Two-wheeler ABS MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Two-wheeler ABS Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Two-wheeler ABS MARKET BY type landscape
SIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2 Single channel
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3 Dual channel
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. Two-wheeler ABS MARKET BY Two wheeler type INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2 Motorcycle
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3 Scooter
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. Two-wheeler ABS MARKET REGIONAL OUTLOOK
7.1. Two-wheeler ABS Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027 (USD Million)
7.2.2. North America Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.3. Europe Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.6.3. France Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K. Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Two-wheeler ABS Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America Two-wheeler ABS Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America Two-wheeler ABS Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America Two-wheeler ABS Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America Two-wheeler ABS Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1 Robert Bosch GmbH
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2 Continental AG
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3 Brembo S.p.A
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4 BWI Group
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5 Honda Motor Company, Ltd
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6 Company 6
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7 Company 7
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8 Company 8
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 Company 9
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10 Company 10
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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