ABS (anti-locking braking system) is a safety anti-skid braking system used in two-wheelers. The ABS is an automated system that utilizes the principle of cadence braking and threshold braking techniques. ABS enables improving the two-wheeler riding control and decreases stopping distance on dry and certain slippery surfaces, snow-covered or loose gravel surfaces.
MARKET SCOPE
The "Two-wheeler ABS Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation with a special focus on the global market trend analysis. The report aims to provide an overview of two-wheeler ABS market with detailed market segmentation by product type, two-wheeler type, propulsion, end user and geography. The report provides key statistics on the market status of the leading two-wheeler ABS market players and offers key trends and opportunities in the two-wheeler ABS market.
MARKET SEGMENTATION
- The global two-wheeler ABS market is segmented on the basis of product type, two-wheeler type, propulsion, and end user.
- On the basis of product type, the market is segmented as single channel, and dual-channel.
- On the basis of two-wheeler type, the market is segmented as motorcycle and scooter. On the basis of propulsion, the market is segmented as IC engine and electric.
- Similarly, on the basis of end user, the market is segmented as below homologated and motorsports.
MARKET DYNAMICS
Drivers:
- Rise in sales from emerging markets for ultra-luxury motorcycles.
- Light weighting of ABS
Restraints:
- Heavy penetration of low-cost bikes in India, China and the UK.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The two-wheeler ABS market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the two-wheeler ABS market in these regions.
IMPACT OF COVID-19 ON TWO-WHEELER ABS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the two-wheeler ABS market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Two-wheeler ABS market market are anticipated to lucrative growth opportunities in the future with the rising demand for Two-wheeler ABS market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the two-wheeler ABS market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ADVICS CO.,LTD.
- BMW AG
- Brembo S.p.A.
- BWI Group
- Continental AG
- Endurance Technologies Limited.
- Honda Motor Company, Ltd.
- Nissin Kogyo Co., Ltd.
- Robert Bosch GmbH
- Shandong Shunanda Automobile Technology Co., Ltd.