Motorcycle Anti-Lock Braking System Market Growth, Trends Forecasts 2016-2020
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- Date Submitted: 08/22/2016 04:07 AM
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Technavio Announces the Publication of its Research Report Global Motorcycle Anti-Lock Braking System (ABS) Market 2016-2020
Technavio recognizes the following companies as the key players in the global motorcycle anti-lock braking system (ABS) market: Bosch, BWI, Continental, Honda, and ZF TRW.
Browse full report with TOC@ https://marketreportscenter.com/reports/356369/global-motorcycle-anti-lock-braking-system-market-2016-2020
Commenting on the report, an analyst from Technavios team said: 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...
Technavio recognizes the following companies as the key players in the global motorcycle anti-lock braking system (ABS) market: Bosch, BWI, Continental, Honda, and ZF TRW.
Browse full report with TOC@ https://marketreportscenter.com/reports/356369/global-motorcycle-anti-lock-braking-system-market-2016-2020
Commenting on the report, an analyst from Technavios team said: 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...