Motorcycle Anti-Lock Braking System Market 2016 Global Analysis and Forecast to 2020

Global Motorcycle Anti-Lock Braking System Market 2016-2020 is the new research report now available at RnRMarketResearch.com. The analysts forecast global motorcycle anti-lock braking system (ABS) market to grow at a CAGR of 29.62% during the period 2016-2020.

The global motorcycle industry has two segments — one consisting of high-performance motorcycles (considered as a luxury) and the other consisting of two-wheelers used for commuting. Both these segments operate under contrast market dynamics and have different customer behavior and value chain. The premium segment is witnessing steady growth owing to the growing culture of touring motorcycling in mature markets such as the US, Japan, and Western Europe.

Complete report available @ http://www.rnrmarketresearch.com/global-motorcycle-anti-lock-braking-system-market-2016-2020-market-report.html

The report covers present scenario and the growth prospects of the global motorcycle anti-lock braking system (ABS) market for 2016-2020. To calculate the market size, the report considers the unit shipment of motorcycle ABS across all regions.

This report, Global Motorcycle Anti-Lock Braking System (ABS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The market is divided into the following segments based on geography: America, APAC and EMEA

The following companies are the key players in the global motorcycle anti-lock braking system (ABS) market: Bosch, BWI, Continental, Honda, and ZF TRW.

Purchase Copy of Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=664341

The shifting anti-lock braking system from accessories to standard fitting will be a key trend for market growth. Continuous evolution is the key for maximum adoption of any technology, and the same applies to the motorcycle ABS market too. For instance, motorcycle ABS was first developed by BMW for K100 model in 1988, and other OEMs like Honda and Suzuki followed the trend. Bosch is the leading vendor in the motorcycle ABS market, and has continuously strived to develop ABS, which will have adoption in maximum segments of motorcycles. Their journey started in 1995, when Bosch developed ABS, named generation 2L1 that weighed 9.92 pounds. However, this ABS and series of next versions of ABS were based on the model from the automobile industry, and this kept the weight of the unit heavy. Therefore, factors like high cost, large size, and heavy weight kept the ABS adoption limited to select premium motorcycle models and that too as accessories.

According to the report, one of the key drivers for market growth will be rapid electrification of mechanical components leading to increased electronic contents in motorcycles. The worldwide demand for powered motorcycles is on the rise. The development of one component brings forth other components, which increases the efficiency and riding experience for the rider. This demand is enabling the rapid electrification of mechanical components and driving the adoption of infotainment systems in motorcycles.

Further, the report states that frugal innovation of anti-lock braking system through mechanical system will be a challenge for the market. India, known for its frugal innovation in many fields, developed the ABS through mechanical system, popularly known as mechanical ABS. This ABS is not as effective as electronic ABS, but it ensures that the wheel of the motorcycle is always in rolling condition. Also, it can be fitted on the motorcycles having both mechanical and hydraulic braking systems.

Inquire for Discount on the Report at http://www.rnrmarketresearch.com/contacts/discount?rname=664341

About Us:                            

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.