Global and United States Two-Wheeler Anti-Braking System (ABS) Market Insights, Forecast to 2027

SKU ID : QYR-18924595 | Publishing Date : 17-Aug-2021 | No. of pages : 124

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.
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.

Market Analysis and Insights: Global and United States Two-Wheeler Anti-Braking System (ABS) Market
This report focuses on global and United States Two-Wheeler Anti-Braking System (ABS) market.
In 2020, the global Two-Wheeler Anti-Braking System (ABS) market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In United States the Two-Wheeler Anti-Braking System (ABS) market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Two-Wheeler Anti-Braking System (ABS) Scope and Market Size
Two-Wheeler Anti-Braking System (ABS) market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Two-Wheeler Anti-Braking System (ABS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Two-Wheeler Anti-Braking System (ABS) market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Front Wheel Anti-Braking System
Rear Wheel Anti-Braking System

Segment by Application
Entry-Level
Mid-Size
Full-Size

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Bosch
BWI
Honda Motor
Hitachi Automotive System

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