Global Motorcycle High Performance Braking System Market 2017-2021

Overview of the global motorcycle high performance braking system market

The recent years witnessed a considerable increase in the demand for high-performance motorcycles. The sales of sports bikes, cruisers, and tourers is rising in several countries in APAC and the region offer immense growth potential for players in this industry sector. According to Technavio's market research report, the increasing sales of premium and high-performance motorcycles will be one of the primary factors that will fuel the growth of the motorcycle high performance braking system market in the coming years. Owing to the improving socio-economic conditions and the growing preference of riders, the high-performance motorcycle industry is witnessing huge sales. It has been observed that Ducati witnessed the sale of about 55,000 motorcycles in 2016. Similarly, Triumph sold more than 16,000 units in North America and Harley Davidson sold more than 46,000 motorcycles. With the increasing sales of these high-performance motorcycles, the demand for high-performance brakes will subsequently increase, driving market growth. Our market research analysts estimate that in terms of units, this market will grow steadily at a CAGR close to 10% by 2021.

Carbon ceramics brake rotors are made up of light-weight composites unlike other conventional brake calipers. Owingn to the reduction in weight of the motorcycle and their ability to aid in achieving a high power-to-weight ratio, the demand for these brake pads will increase. Moreover, composite ceramic brake pads also have superior resistance to abarasive wear and tear. Such benefits will fuel the need for the integration of lightweight carbon ceramics brake pads, which according to our analysis, will be one of the key trends that will gain traction in the motorcycle high performance braking system market in the coming years.

Competitive landscape and key vendors

The motorcycle high performance braking system market is fragmented due to the presence of established players. The competitive environment in the market will intensify in the coming years owing to the increasing demand for sports and super sports motorcycles. Moreover, the growing popularity of aftermarket performance enhancing systems, will also intensify the level of competition among the players in this motorcycle brakes market.