Global Motorcycle Braking System Market 2017-2021

Overview of the global motorcycle braking system market

According to Technavio's research analysis, the focus of manufacturers towards introducing lightweight braking systems will be one of the major factors that will have a positive impact on the growth of the global motorcycle braking system market during the forecast period. Manufacturers and suppliers are working reducing the overall weight of the braking systems. Moreover, OEMs and Tier 1 suppliers are also concentrating on improving the productivity and efficiency of the braking systems. As a result, the companies are following strategies such as redesigning components, downsizing the number of parts by coupling, and the substitution of base materials with aluminum and magnesium alloys, to manufacture lightweight braking systems. With the introduction of lightweight braking systems, this global market will witness considerable growth during the next few years and our market research analysts predict that in terms of units, this market will grow at a CAGR of close to 6% by 2021.

The integration of IMU sensors in sports motorcycles to enhance safety is one of the key trends that will gain traction in the motorcycle braking system market in the coming years. The adoption of IMU sensors enables the electronic control unit (ECU) or the onboard computer of a motorcycle to monitor its position. The integration of sensors such as gyroscopes and accelerometers in one single device, enables the easy measurement and notification of a motorcycle's specific force, the changes in the magnetic field surrounding the motorcycle, and the angular velocity. These sensors are ideal for use in case of both passive and active safety systems and advanced driver assistance systems such as adaptive cruise control.

Competitive landscape and key vendors  

The motorcycle braking system market will witness the continuous development of innovative designs especially in terms of size and weight. Though the entry of new players will benefit the customers in terms of product costs and performance, it will intensify the level of competition among the existing players.

The leading vendors in the market are ?

• Bosch
• Continental
• Brembo
• ZF Friedrichshafen

The other prominent vendors in the market are Brakes India, BWI Group, Delphi Automotive, and Galfer USA.

Segmentation by application and analysis of the motorcycle braking system market

• Commuter
• Mid weight
• Heavy weight

During 2016, the commuter segment accounted for the major shares of the motorcycle braking system market. Factors such as the economical pricing of these vehicles and the increased demand for commuter motorcycles in APAC, will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the motorcycle braking system market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the motorcycle braking system market throughout the forecast period. India and China are the key contributors to the motorcycle market in the region. The increased preference for commuter motorcycles in the region that will boost the motorcycle market, will subsequently drive the growth of the motorcycle braking system market in APAC.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global motorcycle braking system market?
• What are the key market trends impacting the growth of the global motorcycle braking system market?
• What are the challenges to market growth?
• Who are the key vendors in the global motorcycle braking system market?
• What are the market opportunities and threats faced by the vendors in the global motorcycle braking system market?
• 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 braking system market?

Technavio also offers customization on reports based on specific client requirement

Braking systems work by converting kinetic energy into thermal energy. Some motorcycle types give emphasis to rear breaks for stability, whereas sports bikes with a shorter wheelbase and more vertical fork geometry can tolerate higher front braking loads and thus have a powerful front brake. This upcoming market research report on the global motorcycle braking system market is an essential part of Technavio's automotive industry and offers actionable insights into niche segments like the automotive components sector. This upcoming market research report on the global motorcycle braking system market also covers vendors like BeijingWest Industries, Continental, Bosch, Honda, ZF TRW, Delphi, Beringer SAS, Yamaha, Galfer USA, and Brakes India.

Technavio gathers business intelligence data on key parameters such as profit, pricing, products, competition, distribution, and technology by conducting exhaustive primary and secondary research. This research methodology helps the client in understanding the impact of recent market developments on the organization and choose the best strategy is to maximize ROIs. To provide clients with a detailed and segregated view of the market space, the industry report also considers the market's growth potential across regions such as APAC, the Americas, and EMEA.

This market research report on the global motorcycle braking system market also takes into account the growth of related markets like the global automotive drum brake market, which is anticipated to grow at a CAGR of nearly 4% by 2021. According to our market research analysts, braking technology is constantly evolving, and vendors are coming with newer and efficient braking systems to differentiate themselves from their key competitors.

The upcoming industry report on the global motorcycle braking system market also offers insights into fast-growing segments within the automotive components industry, including sectors like automotive services and auto accessories. Additionally, the market research report on the global motorcycle braking system market also presents insights into the changing competitive landscape to give clients an accurate picture of the future direction of the automotive industry.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.