Global Two-Wheeler Braking System Market | 7% CAGR Projection Over the Next Four Years

ELMHURST, Ill. - Nov. 26, 2019 - PRLog -- The global two-wheeler braking system market is expected to post a CAGR of nearly 7% during the forecast period.

The adoption of disc brakes is increasing even in the lower capacity bikes as ABS is becoming mandatory in most countries. Two-wheeler OEMs in emerging economies are increasingly adopting disc brakes in the commuter segment by offering optional and standard fitments on both the wheels. Some OEMs are offering disc brakes on both the wheels in low powered two-wheelers. Hence the increased adoption of disc brakes in low-capacity motorcycles will drive the growth of the global two-wheeler braking system market during the forecast period.

Global two-wheeler braking system market: development of high-performance carbon brake discs

Carbon brake discs are lighter and are adopted in high-performance motorcycles. One of the leading manufacturers of carbon brake discs such as Brembo is pioneering developments to make them more efficient. The company has adopted defined processes for carbon discs to expand the operating temperature during racing activities even in rainy conditions. For instance, Marc Marquez won the recent MotoGP titles using carbon discs in rainy conditions. The trend of using carbon disc brakes is gaining popularity among racing communities and the demand for supersport motorcycles is also increasing. These factors are expected to boost the market's growth over the forecast period.

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"Many market players such as Harley Davidson, Triumph Motorcycles, and Ducati Motor Holding are focusing on emerging markets like India. These companies also have set up assembly plants to increase penetration in the region. These vehicles come equipped with advanced braking systems such as dual-channel ABS and brake-by-wire technology to increase the braking efficiency of the vehicle. There is an increasing demand for scooters in emerging economies and developed countries such as Europe. Several two-wheeler OEMs are focusing this segment and are rolling out different scooter models. These factors will collectively contribute to the growth of the market", says an analyst at Technavio.


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