Global Motorcycle Brake by Wire (BBW) System Market 2017-2021

Overview of the global motorcycle brake by wire (BBW) system market

Technavio's market research report predicts that the global motorcycle brake by wire (BBW) system market will witness impressive growth and in terms of units, will post a CAGR of more than 45% during the forecast period. The cost advantages of BBW technology for the end-user and original equipment manufacturers (OEMs) will be one of the primary drivers for market growth. The BBW technology eliminates the mechanical linkages in vehicles thus lowering the overall cost of the vehicle as the electronic systems need lesser components compared to mechanical linkages. Mechanical components such as the steering column, intermediate shafts, pumps, hoses, vacuum servos, belts, coolers, and master cylinders are removed from the vehicle that is equipped with a BBW system. Moreover, these systems also lower the manufacturing costs and improve the vehicle ergonomics. Also, the system provides better fuel efficiency and economy by significantly lowering the emission levels. Furthermore, due to the absence of the traditional mechanical linkages, the wear and tear of the braking system is much lesser which in turn, lowers maintenance costs.

One of the latest trends that will gain traction in the global motorcycle BBW system market is the rapidly evolving motorcycle technology that will improve the efficiency of BBW systems. Connected motorcycle technology and the increase in electronification of the motorcycle components would improve the BBW systems by making them more integrated with systems such as anti-lock braking system (ABS), combined braking system (CBS), and motorcycle stability control (MSC). The rising focus on safety and the rise in demand to link the brake circuits for the effective distribution of the brake forces between the front and rear wheels have increased the need for adopting ABS systems and CBS systems.  One of the leading vendors Bosch, has already introduced a new system called MSC paired with the ABS that features a lean-angle sensor. This sensor measures the wheel speed as well as the lean and pitch angles to control brakes and acceleration effectually.

Competitive analysis and key vendors