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An anti-lock braking system (ABS) is a safety anti-skid braking system used on aircraft and on land vehicles, such as cars, motorcycles, trucks and buses. ABS operates by preventing the wheels from locking up during braking, thereby maintaining tractive contact with the road surface.
Scope of the Report:
This report focuses on the Two-Wheeler Anti-Braking System (ABS) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 worldwide market for Two-Wheeler Anti-Braking System (ABS) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Honda Motor
- Hitachi Automotive System
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Front Wheel Anti-Braking System
- Rear Wheel Anti-Braking System
Market Segment by Applications, can be divided into
There are 15 Chapters to deeply display the global Two-Wheeler Anti-Braking System (ABS) market.
Chapter 1, to describe Two-Wheeler Anti-Braking System (ABS) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Two-Wheeler Anti-Braking System (ABS), with sales, revenue, and price of Two-Wheeler Anti-Braking System (ABS), in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Two-Wheeler Anti-Braking System (ABS), for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Two-Wheeler Anti-Braking System (ABS) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Two-Wheeler Anti-Braking System (ABS) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source