Global Motorcycle Brake-by-wire System Market – Key Drivers and Forecast from Technavio

LONDON–()–Technavio
analysts forecast the global
motorcycle brake-by-wire (BBW) system market
to reach
26.35 million units, at a CAGR of more than 45% over the forecast
period, according to their latest report.

The research study by Technavio on the global
motorcycle brake-by-wire system market
for 2017-2021 provides a
detailed industry analysis based on anti-lock braking system (ABS) type
(one-channel ABS and multiple-channel ABS) and geography (APAC, EMEA,
and the Americas).

 
The Americas currently dominate the motorcycle BBW market, but
APAC is expected to grow swiftly at a CAGR of nearly 83% and
establish itself as the dominant market segment by 2021. The booming
two-wheeler market in APAC is expected to be the key driver of the
motorcycle BBW system market.
 

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Technavio analysts highlight the following three factors that are
contributing to the growth of the global motorcycle brake-by-wire system
market:

  • Cost benefits of BBW technology from end-user and OEM perspectives
  • Lightweighting by elimination of mechanical linkages
  • More accurate, precise, and quicker response than mechanical systems

Cost benefits of BBW technology from end-user and OEM perspectives

The brake wire technology provides freedom from the mechanical
linkages and significantly lowers the cost of a vehicle and allows for
more efficient…

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