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.
Looking for more information on this market? Request
a free sample report
Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.
Technavio analysts highlight the following three factors that are
contributing to the growth of the global motorcycle brake-by-wire system
- 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