Comprehensive Analysis of the Global Two-wheeler Anti-braking System(ABS) Market: Growth Trends & Market Forecasts (2024 - 2031)
The "Two-wheeler Anti-braking System(ABS) Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Two-wheeler Anti-braking System(ABS) market is expected to grow annually by 8.9% (CAGR 2024 - 2031).
This entire report is of 196 pages.
Two-wheeler Anti-braking System(ABS) Introduction and its Market Analysis
The global Two-wheeler Anti-braking System(ABS) market research report analyzes the market conditions and trends for ABS systems in two-wheeler vehicles. This safety feature prevents wheels from locking during braking, ensuring better control and stability. The target market includes motorcycle and scooter manufacturers looking to enhance safety features. Key drivers of revenue growth include increasing demand for safer two-wheeler vehicles and stringent government regulations mandating ABS installation. Major companies operating in the market include Bosch, BWI, Continental, Honda Motor, ZF TRW, Aisin Seiki, Hitachi Automotive System, Mando, Brakes India, and Haldex. The report's main findings suggest a growing market for ABS systems in two-wheeler vehicles and recommend manufacturers to prioritize safety features to meet consumer demand and regulatory requirements.
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The global Two-wheeler Anti-braking System (ABS) market is experiencing growth due to the rising demand for safer and more efficient motorcycles. The market is segmented into Front Wheel ABS and Rear Wheel ABS, catering to different types of two-wheelers such as Entry-level, Mid-size, and Full-size. Regulatory and legal factors play a crucial role in shaping the market conditions, with countries implementing mandatory ABS requirements for two-wheelers to enhance road safety. This has led to an increase in the adoption of ABS technology by motorcycle manufacturers to adhere to government regulations and meet consumer demand for advanced safety features. Overall, the Two-wheeler ABS market is expected to witness steady growth as manufacturers continue to innovate and improve the safety standards of motorcycle models.
Top Featured Companies Dominating the Global Two-wheeler Anti-braking System(ABS) Market
The two-wheeler anti-braking system (ABS) market is highly competitive with key players such as Bosch, BWI, Continental, Honda Motor, ZF TRW, Aisin Seiki, Hitachi Automotive System, Mando, Brakes India, and Haldex. These companies are leading the industry in providing high-quality ABS systems for two-wheelers.
Bosch is one of the market leaders in two-wheeler ABS technology, offering advanced ABS solutions that improve safety and performance. BWI specializes in supplying ABS systems for both motorcycles and scooters, catering to a wide range of customers. Continental is another major player in the market, known for its innovative ABS technology that enhances the braking efficiency of two-wheelers.
Honda Motor is a prominent player in the two-wheeler ABS market, manufacturing high-quality ABS systems for its motorcycles and scooters. ZF TRW is a global leader in automotive safety systems, including ABS technology for two-wheelers. Aisin Seiki, Hitachi Automotive System, Mando, Brakes India, and Haldex also contribute significantly to the growth of the two-wheeler ABS market with their cutting-edge ABS systems.
These companies help to grow the two-wheeler ABS market by continuously innovating their products, expanding their global presence, and collaborating with key industry players. They also invest in research and development to enhance the performance and safety features of their ABS systems, attracting more customers and driving market growth.
In terms of sales revenue, Bosch reported sales of $ billion in 2020, while Continental reported sales of $32.6 billion. Honda Motor reported sales of $131.8 billion, Aisin Seiki reported sales of $35.6 billion, and ZF TRW reported sales of $48.4 billion. These figures demonstrate the significant revenue generated by key players in the two-wheeler ABS market, indicating the market's high growth potential and competitive landscape.
- Bosch
- BWI
- Continental
- Honda Motor
- ZF TRW
- Aisin Seiki
- Hitachi Automotive System
- Mando
- Brakes India
- Haldex
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Two-wheeler Anti-braking System(ABS) Market Analysis, by Type:
- Front Wheel Anti-braking System
- Rear Wheel Anti-braking System
Front Wheel Anti-braking System (ABS) helps prevent front wheel lock-up during sudden braking, improving stability and control. Rear Wheel ABS functions similarly for the rear wheel. Both systems enhance overall safety by reducing the risk of accidents caused by skidding or loss of control. This increased safety features of ABS boosts the demand for two-wheeler ABS in the market as consumers prioritize safety when choosing a vehicle. Additionally, regulatory standards and government mandates for vehicle safety contribute to the growing adoption of ABS in two-wheelers, further driving market demand.
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Two-wheeler Anti-braking System(ABS) Market Analysis, by Application:
- Entry-level
- Mid-size
- Full-size
Entry-level two-wheeler ABS systems provide essential safety features for beginner riders, helping prevent wheel lock-up and improve stability during emergency braking situations. Mid-size motorcycles benefit from ABS by enhancing overall braking performance and reducing the risk of accidents. Full-size bikes incorporate advanced ABS technology to ensure optimal control and safety at high speeds and in varying road conditions. The fastest-growing application segment in terms of revenue for two-wheeler ABS is the mid-size category, as more consumers are opting for motorcycles with advanced safety features to enhance their riding experience and confidence on the road.
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Two-wheeler Anti-braking System(ABS) Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The Two-wheeler Anti-braking System(ABS) market is expected to witness significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea). Among these regions, Asia-Pacific is expected to dominate the market with a market share percent valuation of around 45%. North America and Europe are also expected to hold a significant market share of 25% each, while Latin America and Middle East & Africa are expected to contribute around 5% each to the market share.
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