An anti-lock braking system (ABS) is a safety anti-skid braking system used on aircraft and on land vehicles, such as cars, motorcycles, trucks and buses. ABS operates by preventing the wheels from locking up during braking, thereby maintaining tractive contact with the road surface.
The introduction of legislations for the installation of ABS systems is estimated to be one of the primary drivers for market growth. The Automotive Research Association of India under the Ministry of Heavy Industries and Public Enterprises made it compulsory for all the two-wheelers above 125cc to be equipped with ABS as a standard feature in 2016. Also, the Ministry of Road Transport made an announcement for all the new models of motorcycles with an engine capacity above 125cc to have ABS systems from April 2019 and existing models need to be equipped with ABS by 2018. With such mandatory regulations, the Indian government is trying to reduce the number of two-wheeler accidents in India. ABS helps avoid the wheels of the vehicle from locking and prevent skidding during hard or sudden braking. Though the ABS technology for two-wheelers is expensive and the extra fitment in two-wheelers will result in increasing the cost of bikes, the focus of the government towards the stability of the vehicle, will augment the market\'s growth prospects.
Europe accounted for the majority of the shares of the global two-wheeler ABS market during 2019. However, owing to the growing penetration of ABS in motorcycles with an engine capacity of over 125cc, APAC is expected to be the major revenue contributor to the market by the end of the forecast period.
The Global Two-Wheeler Anti-Braking System (ABS) Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Two-Wheeler Anti-Braking System (ABS) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Bosch
BWI
Honda Motor
Hitachi Automotive System


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Front Wheel Anti-Braking System
Rear Wheel Anti-Braking System

In Market segmentation by applications :
Entry-Level
Mid-Size
Full-Size

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Two-Wheeler Anti-Braking System (ABS) Market for the forecast period 2023-2030?
• What are the driving forces in the Two-Wheeler Anti-Braking System (ABS) Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Two-Wheeler Anti-Braking System (ABS) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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