Global Motorcycle Anti-lock Braking Systems Industry

Global Motorcycle Anti-lock Braking Systems Industry

  • September 2020 •
  • 107 pages •
  • Report ID: 5957443 •
  • Format: PDF
Global Motorcycle Anti-lock Braking Systems Market to Reach $22.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Motorcycle Anti-lock Braking Systems estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$22.4 Billion by 2027, growing at aCAGR of 35.9% over the period 2020-2027. Single-Channel ABS, one of the segments analyzed in the report, is projected to record 32.6% CAGR and reach US$6.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Dual-Channel ABS segment is readjusted to a revised 37.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $791.7 Million, While China is Forecast to Grow at 34% CAGR

The Motorcycle Anti-lock Braking Systems market in the U.S. is estimated at US$791.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2027 trailing a CAGR of 34% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.1% and 30.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 24.6% CAGR.We bring years of research experience to this 7th edition of our report. The 107-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Aisin Seiki Co., Ltd.
  • Bosch Mobility Solutions
  • Bwi Group
  • Continental AG
  • Hitachi Automotive Systems Ltd.
  • Honda Motor Co., Ltd.
  • Johnson Electric Group
  • NXP Semiconductors NV
  • ZF Friedrichshafen AG