Global Two-wheeler Braking System Market 2024-2028
The two-wheeler braking system market is forecasted to grow by USD 874.82 mn during 2023-2028, decelerating at a CAGR of 5.88% during the forecast period. The report on the two-wheeler braking system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising electronic content in two-wheelers, the rising number of electric scooters and motorcycles, and the growing adoption of abs.
Technavio's two-wheeler braking system market is segmented as below:
By Product
By Application
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the development of remote diagnostics and prognostics for autonomous vehicles as one of the prime reasons driving the two-wheeler braking system market growth during the next few years. Also, rapidly evolving technologies to further integrate safety systems and growing focus on improving reliability of electronic braking systems will lead to sizable demand in the market.
The report on the two-wheeler braking system market covers the following areas:
- Two-wheeler braking system market sizing
- Two-wheeler braking system market forecast
- Two-wheeler braking system market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading two-wheeler braking system market vendors that include ADVICS Co. Ltd., Allied Nippon Pvt. Ltd., ASK Automotive Ltd., Brembo Spa, BWI Group, Carlisle Companies Inc., Continental AG, Datson Engineering, Endurance Technologies Ltd., Hitachi Ltd., HL Mando Co. Ltd., Honda Motor Co. Ltd., Longzhong Holding Group Co. Ltd., Masu Brakes Pvt. Ltd., MK Group, Rico Auto Industries Ltd., Robert Bosch GmbH, ZF Friedrichshafen AG, and Nissin Brake Performance. Also, the two-wheeler braking system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth