DUBLIN—Research and Markets has announced the addition of the "Global Motorcycle Anti-Lock Braking System Market 2016-2020" report to their offering.

The global motorcycle anti-lock braking system (ABS) market to grow at a CAGR of 29.62% during the period 2016-2020.

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 the 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 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.

Market drivers

- Safety benefits: Reduction in stopping distance and skidding during sudden braking

Market challenges

- Design complication owing to different scenario simulations

Market trends

- Development of one-channel ABS for emerging markets like India

Key vendors

- Bosch

- BWI

- Continental

- Honda

- ZF TRW

For more information about this report visit http://www.researchandmarkets.com/research/pcp943/global_motorcycle

Related Topics: Motorcycles, Brake Systems and Components

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