Global Two-Wheeler Anti-Braking System (ABS) Market Professional Survey Report 2019
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 was valued at xx million US$ in 2018 and will 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 categorizes the production, apparent consumption, export and import of Two-Wheeler Anti-Braking System (ABS) in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Two-Wheeler Anti-Braking System (ABS) manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Hitachi Automotive System
Segment by Regions
Segment by Type
Front Wheel Anti-Braking System
Rear Wheel Anti-Braking System
Segment by Application
Frequently Asked Questions
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