What is Motorcycle Stability Control?
Motorcycle stability control system is electronic break control system that uses an array of sensors to register the riding dynamics of the motorcycle. The system reduces the slipping and tilting of bikes during turning, cornering or on the slop. Sensors measure the rotational speed of the front and rear wheels, and the inertial measurement unit measures the vehicle’s acceleration and angular rate 100 times per second. It also helps to keep rear wheel on ground and reduces the risk of rollover.
The market study is broken down by Type (Anti-Lock Brake Systems and Traction Control Systems), by Application (Normal Motorcycle, Sports Bikes and Others) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analysts at AMA Research estimates that Players from German will contribute to the maximum growth of Global Motorcycle Stability Control market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Robert Bosch (Germany), Continental AG (Germany), NXP Semiconductors (Netherlands), BMW Motorrad (Germany), Ducati (Italy) and Hero MotoCorp Limited (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Motorcycle Stability Control market by Type, Application and Region.
On the basis of geography, the market of Motorcycle Stability Control has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Technological Advancements in Motorcycle Stability Control System and Development of Smaller IMU Sensors
Market Drivers
- Increasing Demand for Stability Control Systems in Two-wheelers for Higher Stability and Safety During the Cornering and Tilting of Motorcycles
- Government Stringent Regulation to Integrate ABS System in Vehicles
Opportunities
- Consumers’ Inclination Towards Motorcycles Especially in Youth
Restraints
- Restriction of Traction Control System in Premium Motorcycles That Are Used for Touring and Racing
Challenges
- High Cost of Maintenance of ABS and Sometimes Brake Sensor Causes the Vehicle to Shudder
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Mobile Stability Control System Manufacturers, Suppliers & Distributors of Mobile Stability Control System, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.