Market Overview:
The global two-wheeler braking system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for two-wheelers, especially in developing countries, and the rising awareness about safety features among consumers. The global two-wheeler braking system market is segmented on the basis of type into ABS braking system and CBS braking system. The ABS braking system segment is expected to grow at a higher CAGR than the CBS braking system segment during the forecast period from 2018 to 2030. This can be attributed to its superior performance in terms of stopping power and stability, as compared with CBS systems. On the basis of application, the global two-wheeler braking system market is divided into OEM and aftermarket segments.
Product Definition:
A braking system for a two-wheeler includes brake pads, brake discs and a hydraulic braking system. The brake pads are attached to the calipers, which are in turn attached to the brake discs. When the rider applies pressure to the brake levers, the hydraulic fluid is forced through hoses and cylinders to push on the pistons inside the calipers. This squeezes the brake pads againstthe discs, causing them to slow down or stop rotation.
ABS Braking System:
ABS, or Anti-lock Braking System, is a safety technology that helps avoid accidents by reducing wheel lockups that typically lead to a loss of vehicle control. The ABS braking system works in combination with the brake pads and disc brakes to provide enhanced deceleration. In addition, it also provides improved stability during braking and reduces the risk of skidding tires on paved surfaces.
The global ABS two-wheeler braking system market size was valued at USD 2.34 billion in 2016.
CBS Braking System:
The CBS (Central Computer System) braking system is a new type of brake control system used in two-wheeler vehicles. It controls the front and rear brakes from a single lever, which can be mounted on the handlebar or dashboard. The computer inside the unit monitors wheel speed and applies pressure to the appropriate caliper based on how much you press down on that lever.
Application Insights:
OEMs held the largest market share of over 70% in 2017. The OEMs have been focusing on the development of two-wheeler braking systems that can withstand high temperatures and provide better performance in order to increase their market share. For instance, Honda¢â‚¬â„¢s recent introduction of a new version of its four-stroke engine with anti-lock braking system is expected to drive aftermarket sales over the forecast period.
The demand for two wheelers has been growing significantly across all age groups due to increasing disposable income levels coupled with low maintenance cost associated with them. According to data published by World Health Organization (WHO), it is estimated that around 1 billion people ride bikes worldwide which amounts to around 6% of global population and this number is expected reach 2 billion by 2030 thus driving the growth rate further up.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness about road safety and stringent regulations imposed by various governments across countries such as India, China, Japan, and Australia. For instance, in April 2017, Toyota Motor Corporation announced that it had developed a new generation of braking system called e-ABS for its upcoming vehicles with hybrid engines. This new technology will provide better stopping power to the users without consuming more energy than before.
Europe was estimated at USD X billion in 2017 owing to presence of prominent OEMs such as Bosch Ltd., Magna International Inc., and Brembo S.
Growth Factors:
- Increasing demand for two-wheelers
- Rising disposable income of consumers
- Technological advancements in braking systems
- Stringent safety norms by regulatory authorities
- Growing awareness about the importance of safe driving
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-wheeler Braking System Market Research Report
By Type
ABS Braking System, CBS Braking System
By Application
OEM, Aftermarket
By Companies
AISIN SEIKI, Brembo, Continental, Honda Motor, Robert Bosch, ZF Friedrichshafen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Two-wheeler Braking System Market Report Segments:
The global Two-wheeler Braking System market is segmented on the basis of:
Types
ABS Braking System, CBS Braking System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AISIN SEIKI
- Brembo
- Continental
- Honda Motor
- Robert Bosch
- ZF Friedrichshafen
Highlights of The Two-wheeler Braking System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ABS Braking System
- CBS Braking System
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Two-wheeler Braking System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A two-wheeler braking system is a type of braking system used on two-wheeled vehicles. It uses the front and rear wheels to stop the vehicle.
Some of the major companies in the two-wheeler braking system market are AISIN SEIKI, Brembo, Continental, Honda Motor, Robert Bosch, ZF Friedrichshafen.
The two-wheeler braking system market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Two-wheeler Braking System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Two-wheeler Braking System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Two-wheeler Braking System Market - Supply Chain
4.5. Global Two-wheeler Braking System Market Forecast
4.5.1. Two-wheeler Braking System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Two-wheeler Braking System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Two-wheeler Braking System Market Absolute $ Opportunity
5. Global Two-wheeler Braking System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Two-wheeler Braking System Market Size and Volume Forecast by Type
5.3.1. ABS Braking System
5.3.2. CBS Braking System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Two-wheeler Braking System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Two-wheeler Braking System Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Aftermarket
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Two-wheeler Braking System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Two-wheeler Braking System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Two-wheeler Braking System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Two-wheeler Braking System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Two-wheeler Braking System Demand Share Forecast, 2019-2026
9. North America Two-wheeler Braking System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Two-wheeler Braking System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Two-wheeler Braking System Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Aftermarket
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Two-wheeler Braking System Market Size and Volume Forecast by Type
9.7.1. ABS Braking System
9.7.2. CBS Braking System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Two-wheeler Braking System Demand Share Forecast, 2019-2026
10. Latin America Two-wheeler Braking System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Two-wheeler Braking System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Two-wheeler Braking System Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Aftermarket
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Two-wheeler Braking System Market Size and Volume Forecast by Type
10.7.1. ABS Braking System
10.7.2. CBS Braking System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Two-wheeler Braking System Demand Share Forecast, 2019-2026
11. Europe Two-wheeler Braking System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Two-wheeler Braking System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Two-wheeler Braking System Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Aftermarket
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Two-wheeler Braking System Market Size and Volume Forecast by Type
11.7.1. ABS Braking System
11.7.2. CBS Braking System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Pojections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Two-wheeler Braking System Demand Share, 2019-2026
12. Asia Pacific Two-wheeler Braking System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Two-wheeler Braking System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Two-wheeler Braking System Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Aftermarket
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Two-wheeler Braking System Market Size and Volume Forecast by Type
12.7.1. ABS Braking System
12.7.2. CBS Braking System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Two-wheeler Braking System Demand Share, 2019-2026
13. Middle East & Africa Two-wheeler Braking System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Two-wheeler Braking System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Two-wheeler Braking System Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Aftermarket
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Two-wheeler Braking System Market Size and Volume Forecast by Type
13.7.1. ABS Braking System
13.7.2. CBS Braking System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Two-wheeler Braking System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Two-wheeler Braking System Market: Market Share Analysis
14.2. Two-wheeler Braking System Distributors and Customers
14.3. Two-wheeler Braking System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AISIN SEIKI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brembo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honda Motor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Robert Bosch
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ZF Friedrichshafen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
