Bajaj Auto is leveraging its position as a two-wheeler
hegemon to invite M&A activities with technologically rich companies, a development
that bodes well for India two-wheeler ABS market
Bajaj Auto
Limited, the world's sixth-largest manufacturer of motorcycles and the
second-largest in India, in addition being the worlds’ largest three-wheeler
manufacturer, has recently announced its partnership with Triumph Motorcycles Ltd, Britain’s largest motorcycle manufacturer. Ravi Bajaj, Managing Director at
Bajaj Auto, claims that the partnership represents the last missing piece in Bajaj’s
global motorcycle portfolio — a premium, easy-riding brand. Experts at TechSci
Research discuss the impact this development will have on the India two-wheeler
ABS market.
Changing Contours in the India Two-Wheeler Market
As per TechSci
Research report “India Two-Wheeler ABS Market Forecast & Opportunities, 2022”, India Two-Wheeler ABS market
stood at $ 2.34 billion in 2016, and is expected to grow at a stupendous CAGR
of 58.57%, in value terms, to reach $ 37.20 billion by 2022. This growth will
be achievable only due growing awareness among consumers regarding vehicle
safety in India, favourable government intervention in the market, rising
prosperity levels which are directly linked to safety awareness and favourable
legislation due to better social and economic as well as educational
opportunities. Thus, the India Two-Wheeler ABS Market is set to see strong
growth due to sociological and economic factors. Another important factor is
the Indian government has mandated that, effective from April 1, 2018, all
two-wheelers above 125cc will come with an ABS system. For two-wheelers below 125cc,
manufacturers have the choice of installing either the ABS system or the
combined brake system (CBS) in order to meet the mandate.
Therefore,
keeping in mind the strong expected surge in India two-wheeler ABS market, Bajaj
is proving to be a shrewd economic operator by tying up with a company that can
provide them with the latest technologies and help Bajaj in cornering a bigger
market share in the global two-wheeler market.
To request the sample report, please visit: https://www.techsciresearch.com/report/india-two-wheeler-abs-anti-braking-system-market-by-type-single-channel-and-dual-channel-by-sub-systems-electronic-control-unit-ecu-sensors-etc-by-engine-type-entry-level-100cc-125cc-etc-forecast-opportunities/1081.html
Bajaj Auto: Displaying a Pattern of Mergers and
Acquisition
The Bajaj-Triumph
partnership displays nothing more or less that what has been a very shrewd
contemporary business practice being deployed by Bajaj Auto. Rajiv Bajaj
himself highlighted the growing propensity towards consumption in the Indian
economy, pointing out that there has been a steady shift in India from 250cc
category two-wheelers to 500cc. Not only is the India two-wheeler ABS market
reaping the dividends, other technologies such as fuel injection etc. will also
see more activity with the aforementioned shift.
Bajaj has tried
to steal a march over its rivals in this regard, with actions such as Bajaj-Kawasaki
tie-up in April 2017, acquisition of a 14.5% stake in KTM Power Sports AG etc.
Bajaj Auto has consistently leveraged its liquidity and market placement in the
quest for technological advancement, a process that bodes well for the India
two-wheeler ABS market.
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