The Global Motorcycle Traction Control System Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
Traction control system, which was once preserved for Moto GP is now being equipped in low powered motorcycles as well as scooters. Traction control system prevents slip of tire when power supplied to tires overcomes the friction provided by road.
Scope of the Report:
Traction control system uses the ABS sensors to determine the relative speed of front and rear wheel, it actuates when system observes slip in rear tire and decreases the rear wheel speed by retarding ignition timing, electronically adjusting throttle or by shutting off the ignition in engine cylinder (in multi cylinder engine).
The method of decreasing power supply is chosen by their manufacturers depending on the motorcycles. Chosen method affects the system price radically. This system requires various sensors and actuators. These components elevate the system’s cost to a higher level. Most of the motorcycle OEMs manufacture their own systems whereas others outsource it. Traction control systems are still limited to performance bikes, use of these systems are increasing and gradually moving towards lower capacity motorcycles.
The global Motorcycle Traction Control System market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Motorcycle Traction Control System.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Motorcycle Traction Control System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Motorcycle Traction Control System market by product type and applications/end industries.
Market Segment by Companies, this report covers
- Continental
- Bosch
- BMW Motorrad
- Ducati
- Kawasaki
- Aprilia
- MV Agusta
- Yamaha
- Bazzaz
- Nemesis
- Gripone
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- High capacity motorcycles
- Low capacity motorcycles
Market Segment by Applications, can be divided into