Overview of the motorcycle stability control market
The motorcycles are comparatively less stable than three-wheelers or four-wheelers, and hence, are prone to more safety and stability issues. For instance, they may destabilize during acceleration or be leaning at corners. This has triggered the need for a device, such as a motorcycle stability control systems, allowing the rider to remain stable during such events. Motorcycle stability control provides stability by controlling brake pressure and improves stability and braking effectiveness in all riding situations. The motorcycle stability control system modulates the rider’s control inputs, extending the range of safe operation. The safety and stability features reducing the chances of accidents are expected to drive the growth of the global motorcycle stability control market during the forecast period. Technavio’s market research analysis identifies the reduction in skidding of motorcycles during acceleration and leaning as one of the primary driving factors for the growth of this market during the next few years. Our market research analysts predict that in terms of units, this market will grow at a CAGR of more than 5% by 2022.
The continuous development of smaller IMU sensors used in various automotive applications including motorcycle stability control, necessitating the demand for high-performance and small sensors. The microelectromechanical systems (MEMS)-based technology in IMU sensors was introduced by vendors including Bosch and STMicroelectronics. Such developments are not limited to traditional MEMS technology. KVH Industries introduced the smallest fiber-optic gyroscope (FOG)-based IMUs in 2016. The company has also introduced the KVH Series 1750 IMU based on the FOG technology, used in high-performance applications. The smaller size of these sensors is crucial in making the motorcycle stability control system light-weight, eventually improving the performance of the motorcycles. This will lead to the growth of the market throughout the forecast period.
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Companies covered
The motorcycle stability control market is characterized by the presence of both international and regional players. With the development of smaller IMU sensors, the players of the traction control system market are increasingly focused on expanding their product portfolio across the globe. To help clients improve their revenue shares in this competitive market, Technavio’s market research report on the global motorcycle stability control market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market’s competitive landscape.
This research report provides an analysis of various companies in the global motorcycle stability control market including
Segmentation by geography and analysis of the motorcycle stability control market
EMEA accounted for the largest share of the motorcycle stability control market in 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the traction control system market throughout the forecast period.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global motorcycle stability control market?
- What are the key market trends impacting the growth of the global motorcycle stability control market?
- What are the challenges to market growth?
- Who are the key vendors in the global motorcycle stability control market?
- What are the market opportunities and threats faced by the vendors in the global motorcycle stability control market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global motorcycle stability control market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY OEM
- Segmentation by OEM
- Comparison by OEM
- BMW – Market size and forecast 2017-2022
- Ducati Motor – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- KTM Sportmotorcycle – Market size and forecast 2017-2022
- Market opportunity by OEMs
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Development of smaller IMU sensors
- Discounts on insurance premium for motorcycles with ABS
- Reduced cost of sensors leading to decrease in cost of motorcycle stability control system
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Continental
- Robert Bosch
PART 15: APPENDIX