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Global Off-road Vehicle Braking System Market 2019-2023

Global Off-road Vehicle Braking System Market 2019-2023

About this market

The increase in recreational and adventure sports activities will lead the off-road vehicle braking system market to witness considerable growth in the forthcoming years. Mount racing and dirt racing activities are gaining immense popularity among sports enthusiasts. The adoption of off-road braking systems is quite higher in the US than in any other country. The growth in tourism will further promote the adoption of off-road recreational activities across the globe while spurring the sales of off-road vehicle braking systems during the forecast period. Technavio’s analysts have predicted that the off-road vehicle braking system market will register a CAGR of close to 5% by 2023.

Market Overview

Increase in recreational and adventure sports activities

One of the growth drivers of the global off-road vehicle braking system market is the increase in recreational and adventure sports activities. The growth in tourism will promote off-road recreational activities globally and will spur the sales of off-road vehicles during the forecast period.

Environmental impact of off-roading

One of the challenges in the growth of the global off-road vehicle braking system market is the environmental impact of off-roading. The adverse effects of off-road vehicle activities on the environment and ecosystems pose a threat to their credibility and thereby will hamper the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the off-road vehicle braking system market during 019-2023, view our report.

Competitive Landscape

The market appears to be highly concentrated with the presence of a few market players. Vendors and motorcycle OEMs are working on improving the stability od adventure and dirt motorcycles by syncing the different safety systems. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Off-Road Vehicle Braking System Market 2019-2023

Technavio recognizes the following companies as the key players in the global off-road vehicle braking system market: AISIN SEIKI Co., Ltd., Brembo S.p.A., Continental AG, Nissin Kogyo Co., Ltd., Wilwood Engineering, Inc., and ZF Friedrichshafen AG.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the development of advanced stability control systems for off-road motorcycles.”

According to the report, one of the major drivers for this market is the growing adoption of disc brakes in off-road vehicles.

Further, the report states that one of the major factors hindering the growth of this market is the complications involved in obtaining off-road vehicle licenses.

Companies Mentioned

AISIN SEIKI Co., Ltd.
Brembo S.p.A.
Continental AG
Nissin Kogyo Co., Ltd.
Wilwood Engineering, Inc.
ZF Friedrichshafen AG

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global motorcycle and quad bike components market
      • Table Segments of global motorcycle and quad bike components market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • SxS - Market size and forecast 2018-2023
      • Table SxS - Market size and forecast 2018-2023 ($ millions)
      • Table SxS - Year-over-year growth 2019-2023 (%)
    • ATV - Market size and forecast 2018-2023
      • Table ATV - Market size and forecast 2018-2023 ($ millions)
      • Table ATV - Year-over-year growth 2019-2023 (%)
    • Off-road motorcycle - Market size and forecast 2018-2023
      • Table Off-road motorcycle - Market size and forecast 2018-2023 ($ millions)
      • Table Off-road motorcycle - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Development of ABS-equipped ATVs
    • Emergence of all-electric off-road vehicles
    • Development of advanced stability control systems for offroad motorcycles
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AISIN SEIKI Co., Ltd.
      • Table AISIN SEIKI Co., Ltd. - Vendor overview
      • Table AISIN SEIKI Co., Ltd. - Business segments
      • Table AISIN SEIKI Co., Ltd. - Organizational developments
      • Table AISIN SEIKI Co., Ltd. - Geographic focus
      • Table AISIN SEIKI Co., Ltd. - Segment focus
      • Table AISIN SEIKI Co., Ltd. - Key offerings
    • Brembo S.p.A.
      • Table Brembo S.p.A. - Vendor overview
      • Table Brembo S.p.A. - Business segments
      • Table Brembo S.p.A. - Organizational developments
      • Table Brembo S.p.A. - Geographic focus
      • Table Brembo S.p.A. - Segment focus
      • Table Brembo S.p.A. - Key offerings
    • Continental AG
      • Table Continental AG - Vendor overview
      • Table Continental AG - Business segments
      • Table Continental AG - Organizational developments
      • Table Continental AG - Geographic focus
      • Table Continental AG - Segment focus
      • Table Continental AG - Key offerings
    • Nissin Kogyo Co., Ltd.
      • Table Nissin Kogyo Co., Ltd. - Vendor overview
      • Table Nissin Kogyo Co., Ltd. - Product segments
      • Table Nissin Kogyo Co., Ltd. - Organizational developments
      • Table Nissin Kogyo Co., Ltd. - Geographic focus
      • Table Nissin Kogyo Co., Ltd. - Key offerings
    • Wilwood Engineering, Inc.
      • Table Wilwood Engineering, Inc. - Vendor overview
      • Table Wilwood Engineering, Inc. - Business segments
      • Table Wilwood Engineering, Inc. - Organizational developments
      • Table Wilwood Engineering, Inc. - Key offerings
    • ZF Friedrichshafen AG
      • Table ZF Friedrichshafen AG - Vendor overview
      • Table ZF Friedrichshafen AG - Business segments
      • Table ZF Friedrichshafen AG - Organizational developments
      • Table ZF Friedrichshafen AG - Geographic focus
      • Table ZF Friedrichshafen AG - Segment focus
      • Table ZF Friedrichshafen AG - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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