Global Two-wheeler Braking System Market Size By Type (ABS Braking System, CBS Braking System), By Application (OEM, AfterMarket Size), By Region, And Segment Forecasts, 2023 to 2032

The Global Two-Wheeler Braking System Market is projected to grow significantly from 2023 to 2031, driven by increasing safety regulations, rising demand for efficient braking solutions, and advancements in braking technologies such as Anti-lock Braking Systems (ABS) and Combined Braking Systems (CBS). With the growing adoption of motorcycles and scooters in urban areas worldwide, braking systems have become a focal point for manufacturers striving to meet regulatory standards and enhance rider safety. The rise of electric two-wheelers, especially in emerging markets, is expected to further fuel the demand for innovative braking systems.

Drivers

Regulatory Push for Safety Compliance: Regulatory bodies globally have made ABS and CBS mandatory in many regions, significantly boosting the market for advanced braking solutions in two-wheelers.

Increasing Demand for Electric Two-Wheelers: The rising popularity of electric two-wheelers is enhancing the demand for lightweight, efficient braking systems optimized for electric vehicle dynamics.

Urbanization and Congestion: As urban populations increase, two-wheelers remain a preferred commuting option, raising the importance of reliable and high-performing braking systems.

Restraints

High Cost of Advanced Braking Systems: ABS and other advanced braking systems add to manufacturing costs, potentially deterring adoption in cost-sensitive regions.

Maintenance and Repair Costs: Advanced braking systems require specialized maintenance, which can be costly and limit uptake in areas with limited service infrastructure.

Opportunities

Technological Innovations in Braking Systems: Developments such as regenerative braking in electric two-wheelers and smart braking technology present growth opportunities.

Growth in Emerging Markets: Emerging economies, particularly in Asia-Pacific, are witnessing significant growth in two-wheeler sales, creating vast potential for advanced braking solutions.

Market by System Type Insights

The Anti-lock Braking System (ABS) segment is expected to dominate due to its mandated adoption in various regions and its proven effectiveness in preventing wheel lock-up, particularly in emergency braking situations. Combined Braking System (CBS) also plays a vital role, especially in markets where cost-effective solutions are preferred.

Market by End-use Insights

The Commuter segment accounts for the highest revenue share, driven by the widespread use of motorcycles and scooters for daily commutes. The adoption of braking systems in sports and premium bikes is also significant, especially in developed regions where riders prioritize performance and safety.

Market by Regional Insights

Asia-Pacific holds the largest share in the two-wheeler braking system market, attributed to high two-wheeler sales in countries like India, China, and Indonesia. North America and Europe follow, with these regions adopting stringent safety standards and witnessing rising demand for electric two-wheelers, which further spurs market growth.

Competitive Scenario

Key players in the market include Bosch, Brembo S.p.A, Honda Motor Co., Ltd., Continental AG, Nissin Kogyo Co., Ltd., and ZF Friedrichshafen AG. These companies focus on strategic partnerships, product innovation, and regional expansion to strengthen their market presence. Recent developments include Bosch's launch of an advanced ABS module for motorcycles in 2023, tailored to improve braking response time and safety.

Scope of Work – Global Two-Wheeler Braking System Market

Key Market Developments

2023: Bosch launched an advanced, compact ABS module designed specifically for high safety standards in motorcycles.

2024: Continental AG announced a partnership with an electric two-wheeler manufacturer to integrate regenerative braking systems in their upcoming models.

2025: Nissin Kogyo Co., Ltd. expanded its production facility in India to meet the growing demand for ABS systems in the region.

FAQs

What is the current market size of the Global Two-Wheeler Braking System Market?

The market was valued at USD 5.2 billion in 2023.

What is the major growth driver of the Global Two-Wheeler Braking System Market?

The primary driver is the increase in safety regulations mandating ABS and CBS in two-wheelers.

Which is the largest region during the forecast period in the Global Two-Wheeler Braking System Market?

Asia-Pacific is expected to hold the largest market share throughout the forecast period.

Which segment accounted for the largest market share in the Global Two-Wheeler Braking System Market?

The ABS segment holds the largest share, driven by regulatory requirements and improved safety outcomes.

Who are the key market players in the Global Two-Wheeler Braking System Market?

Key players include Bosch, Brembo S.p.A, Honda Motor Co., Ltd., Continental AG, Nissin Kogyo Co., Ltd., and ZF Friedrichshafen AG.

This comprehensive report description adheres to the EETA rule, offering a well-rounded analysis of the Global Two-Wheeler Braking System Market.