Global Motorcycle High Performance Braking System Market 2017-2021
About Motorcycle High Performance Braking System
Motorcycle high performance braking system uses performance materials and systems that work together to deliver superior braking performance in varied conditions. The global motorcycle high performance braking system market is segmented by key stakeholders and geography. The high performance braking system used in motorcycles use advanced brake rotors, calipers, and discs made of innovative materials. They increase the braking force tremendously and shorten stopping distances. Carbon ceramic brake is one of the superior braking systems which is commercially available in the market.
Technavio’s analysts forecast the global motorcycle high performance braking system market to grow at a CAGR of 9.87% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global motorcycle high performance braking system market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Motorcycle High Performance Braking System Market 2017-2021
Technavio recognizes the following companies as the key players in the global motorcycle high performance braking system market: Brembo, BERINGER SAS, EBC Brakes, Galfer USA, and StopTech.
Other Prominent Vendors in the market are: Baer Brakes, Hawk Performance, Rotora, SGL Group, and Wilwood Engineering.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration of lightweight carbon ceramics brake pads/calipers. The emergence of various performance-enhancing technologies in the motorcycle industry has made motorcycle rides more comfortable and enjoyable for consumers. Motorcycle OEMs focus on offering advanced systems, such as motorcycle high performance braking system, to attract more customers.”
According to the report, one driver in the market is increasing volume sales of premium and high-performance motorcycles. The global demand for premium and high-performance motorcycles has been on the rise over the past couple of years. Western Europe and North America exhibit a high demand for this class of motorcycles. The high-performance motorcycles market in APAC has immense potential for growth as this class of motorcycles has been growing in popularity over the past five-six years. Overall, the sales of sports bikes, cruisers, and tourers are rising in the region. Premium and high-performance motorcycles offered by Honda Motor, Kawasaki, Suzuki, and Yamaha dominate the sales in Europe, especially in the UK and other Western European nations.
Further, the report states that one challenge in the market is operational inefficiencies and corrosion can hamper braking performance. Technological advances lead to complicated designs and mechanism. The motorcycle industry is witnessing integration of advanced braking technologies. The electrification of products and components can affect the durability and reliability of such systems. Carbon ceramic braking systems offer numerous benefits and are thus popularly used in performance sports cars. Weather conditions hamper the braking performance. Carbon ceramic brake calipers do not perform efficiently when they are cold and need the optimum temperature to work effectively. This requires time for them to start working effectively and make them unsuitable for regular driving.
Brembo, BERINGER SAS, EBC Brakes, Galfer USA, StopTech, Baer Brakes, Hawk Performance, Rotora, SGL Group, and Wilwood Engineering.