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The two-wheeler braking system market size is estimated to grow by USD 944.79 million at a CAGR of 5.76% between 2023 and 2028. Market expansion in the automotive industry, specifically in the two-wheeler segment, is driven by several key factors. One of the significant trends is the increasing electronic content in two-wheelers, which includes the adoption of advanced safety features such as Anti-lock Braking Systems (ABS). Two-wheeler brake pads, a crucial component of ABS, are witnessing substantial growth due to this trend. Additionally, the growing prevalence of electric scooters and motorcycles is another factor fueling the market expansion. These electric two-wheelers require specific types of brake pads to ensure optimal performance. Furthermore, the rising adoption of ABS in two-wheelers, driven by safety regulations and consumer demand, is creating new opportunities for two-wheeler brake pad manufacturers.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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