An anti-lock braking system (ABS) is a safety anti-skid braking system used on aircraft and on land vehicles, such as cars, motorcycles, trucks and buses. ABS operates by preventing the wheels from locking up during braking, thereby maintaining tractive contact with the road surface.
The introduction of legislations for the installation of ABS systems is estimated to be one of the primary drivers for market growth. The Automotive Research Association of India under the Ministry of Heavy Industries and Public Enterprises made it compulsory for all the two-wheelers above 125cc to be equipped with ABS as a standard feature in 2016. Also, the Ministry of Road Transport made an announcement for all the new models of motorcycles with an engine capacity above 125cc to have ABS systems from April 2017 and existing models need to be equipped with ABS by 2018. With such mandatory regulations, the Indian government is trying to reduce the number of two-wheeler accidents in India. ABS helps avoid the wheels of the vehicle from locking and prevent skidding during hard or sudden braking. Though the ABS technology for two-wheelers is expensive and the extra fitment in two-wheelers will result in increasing the cost of bikes, the focus of the government towards the stability of the vehicle, will augment the market’s growth prospects.
Europe accounted for the majority of the shares of the global two-wheeler ABS market during 2017. However, owing to the growing penetration of ABS in motorcycles with an engine capacity of over 125cc, APAC is expected to be the major revenue contributor to the market by the end of the forecast period.
In 2019, the market size of Two-Wheeler Anti-Braking System (ABS) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Two-Wheeler Anti-Braking System (ABS).
This report studies the global market size of Two-Wheeler Anti-Braking System (ABS), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Two-Wheeler Anti-Braking System (ABS) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Bosch
BWI
Honda Motor
Hitachi Automotive System
...
Market Segment by Product Type
Front Wheel Anti-Braking System
Rear Wheel Anti-Braking System
Market Segment by Application
Entry-Level
Mid-Size
Full-Size
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Two-Wheeler Anti-Braking System (ABS) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Two-Wheeler Anti-Braking System (ABS) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Two-Wheeler Anti-Braking System (ABS) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Two-WheelerAnti-BrakingSystem(ABS). Industry analysis & Market Report on Two-WheelerAnti-BrakingSystem(ABS) is a syndicated market report, published as Global (United States, European Union and China) Two-Wheeler Anti-Braking System (ABS) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Two-WheelerAnti-BrakingSystem(ABS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.