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.
The global Two-Wheeler Anti-Braking System (ABS) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Two-Wheeler Anti-Braking System (ABS) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Two-Wheeler Anti-Braking System (ABS) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Two-Wheeler Anti-Braking System (ABS) Market report are Bosch, BWI, Honda Motor, Hitachi Automotive System and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Two-Wheeler Anti-Braking System (ABS) Market Overview
2 Global Two-Wheeler Anti-Braking System (ABS) Market Competition by Manufacturers
3 Global Two-Wheeler Anti-Braking System (ABS) Production Market Share by Regions
4 Global Two-Wheeler Anti-Braking System (ABS) Consumption by Regions
5 Global Two-Wheeler Anti-Braking System (ABS) Production, Revenue, Price Trend by Type
6 Global Two-Wheeler Anti-Braking System (ABS) Market Analysis by Applications
7 Company Profiles and Key Figures in Two-Wheeler Anti-Braking System (ABS) Business
8 Two-Wheeler Anti-Braking System (ABS) Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Two-Wheeler Anti-Braking System (ABS) Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source