Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 1.47 Billion

CAGR (2024-2029)

5.30%

Fastest Growing Segment

Motorcycle

Largest Market

Asia-Pacific

Market Size (2029)

USD 2.00 Billion

 

Market Overview

Global Two-Wheeler Brake Components Market was valued at USD 1.47 Billion in 2023 and is anticipated to reach USD 2.0 Billion by 2029 growing with a CAGR of 5.30% during the forecast period. The global market for Two-Wheeler Brake Components has shown good potential for growth due to various factors that affirm the growing need for enhanced braking technology. Among these key factors, the ongoing focus on safety and risk-adverse consumers and standards setting bodies remains as one of the primary drivers. As people become more conscious of safety and as there is increasing pressure from governments and other authorities to implement better braking systems, companies are forced to invent equipment like Anti-lock Braking Systems (ABS) and Combined Braking Systems (CBS). With the surge in the population of two-wheeler vehicles, particularly in the urban settings especially in the developing countries, there is massive market demand for better braking systems. Increase in the number of people with disposable income, and rising urbanization meant that motorcycle and scooters demand increased, and so did the need for brake components.

The market has several significant trends that are quite observable and all these are significant in offering growth opportunities. One such future design trend is the incorporation of electronic devices in the braking systems. Smart braking systems especially those that incorporate technology such as sensors as well as electronic control units to improve the braking performance and overall braking safety are emerging. In addition, opportunities are already arising in the growing segment of electric two-wheelers that are replacing traditional IC engine-powered W tweeny vehicles, which also has potential impact on the brake component manufacturers. This is because electric vehicles are different from conventional vehicles and they need braking systems to handle the regenerative braking system In the rapidly expanding marketplace for electric two-wheelers, this segment has the potential to grow. The third noteworthy trend is the move toward the use of lighter materials in brake parts for maximum vehicle efficiency. The rise in technology where by engineers have been able to manufacture composites materials and High strength alloys so as to make the brake parts light as possible yet very strong as the other is another area of innovation.

Organizations consider the cost as high since most modern vehicles are manufactured with sophisticated braking systems. Although technologies such as ABS and CBS are safer and more superior, their costs are higher, which may limit their uptake by bargain-conscious consumers especially those in the developing world. Also, since it is more common to incorporate electronics in the braking systems, it is a capital-intensive practice where companies have to spend more capital on research to develop new ways to incorporate electronics with braking systems. Another challenge is the issue of the application of its services and products with different and even conflicting requirements in different countries. This is because manufacturers are faced with different requirements and procedures relating to the safety considerations of their products and the certification needed for launching these products into the market. Likewise, the ability to sustain brake components as well as their performances due to varying climate changes remains a top issue since which calls for more innovation as well as performance test to give reliability and safety as well as a brake.

Key Market Drivers

Urbanization and Demand for Affordable Transportation

The rapid pace of urbanization across the globe has significantly impacted transportation dynamics. In densely populated urban areas, traffic congestion and limited parking spaces have prompted individuals to seek more compact and agile modes of transport. Two-wheelers, such as motorcycles and scooters, have become increasingly popular due to their several advantageous characteristics. Their ability to easily navigate through crowded city streets, combined with their high fuel efficiency and affordability, makes them a preferred mode of transportation in urban environments. As the populations in cities continue to grow, the demand for two-wheelers is expected to increase significantly. This rising demand also extends to the components that ensure their safety and performance, particularly brake systems. In India, for example, the sales of two-wheelers saw a notable increase, rising from 13,570,008 units to 15,862,087 units in the fiscal year 2022-2023 compared to the previous year. This surge in sales reflects a growing preference for two-wheelers and highlights the increasing need for robust and reliable brake components to match the expanding market.


Safety Regulations and Road Safety Awareness

Stringent safety regulations and growing road safety awareness have played a pivotal role in driving the demand for advanced brake components in the two-wheeler market. Governments and regulatory bodies across various regions have been keen on reducing road accidents and fatalities. This focus on safety has led to the implementation of stricter safety standards for vehicles, including two-wheelers. Brake components are vital for ensuring safe deceleration and stopping distances, making them a critical component in the overall safety system of two-wheelers. Manufacturers are thus compelled to design and produce brake components that meet or exceed these evolving safety requirements, propelling innovation and growth in the market.


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Performance Enhancement and Rider Preferences

The shifting preferences of two-wheeler enthusiasts towards performance-oriented models have had a substantial impact on the brake component market. Consumers today are not just looking for basic commuting vehicles; they seek enhanced riding experiences, responsive handling, and improved control. This demand for performance has prompted manufacturers to develop high-performance brake components that offer superior braking efficiency, reduced stopping distances, and enhanced overall riding dynamics. The integration of advanced materials, such as high-performance brake pads and precision-calibrated brake systems, has become a distinguishing factor for many premium two-wheeler models.

Technological Advancements and Innovation

Technological advancements have revolutionized the design and manufacturing of brake components for two-wheelers. The incorporation of modern materials, such as composite materials and lightweight alloys, has led to the development of components that are not only more efficient but also lighter, contributing to overall vehicle weight reduction and fuel efficiency. Furthermore, the integration of electronic brake systems (EBS) and anti-lock braking systems (ABS) has elevated the safety and control aspects of two-wheelers, thereby stimulating demand for advanced brake components that complement these technologies. 

Aftermarket Demand and Replacement Needs:

The existing large base of two-wheelers globally has fostered a robust aftermarket for brake components. As vehicles age and accumulate mileage, the need for regular maintenance and replacement of brake parts becomes essential. This consistent demand for replacement and upgraded brake components has encouraged manufacturers to offer a wide range of products catering to various segments and requirements. The aftermarket segment acts as a sustained driver for the brake component market's growth, supporting manufacturers' revenues and maintaining market dynamism.

Emerging Markets and Rising Disposable Income

The expansion of the Two-Wheeler Brake Components market is further bolstered by the growth of emerging economies and increasing disposable incomes in these regions. As more individuals in countries like India, China, and Southeast Asian nations enter the middle class, the affordability and convenience of two-wheelers make them an attractive choice for personal transportation. This surge in demand is accompanied by a parallel increase in the need for reliable and high-quality brake components, thereby augmenting the market's growth prospects. For Instance according to a report by World economic forum, income levels in emerging ASEAN countries are projected to increase by 6%-8% annually, driven by a growing middle class. Among these countries, Vietnam is expected to see the most significant rise in income. In Vietnam, average disposable income per capita is anticipated to double from USD 2,000 to USD 4,000 by 2030, with an annual growth rate of 8%, which is double the growth rate observed in the United States.

Environmental Considerations and Regulations

Amid growing environmental concerns, the push for cleaner and greener transportation options has led to the development of electric two-wheelers. As electric vehicles (EVs) gain traction, the dynamics of brake components are also evolving. EVs require regenerative braking systems that harness kinetic energy during braking to recharge the battery. This transition not only highlights the need for innovative brake component solutions tailored to EVs but also underscores the role of brake components in the broader context of sustainable mobility.

Key Market Challenges

High Cost of Modern Braking System

The issues that are faced in the global two-wheeler brake components market are that, high-cost claims a major share in the price of two-wheelers for the incorporation of advanced braking system like ABS and CBS. Despite these systems providing safety superior to other systems, the higher cost of such systems is normally a disadvantage where consumers are sensitive to costs especially in developing nations. Due to this cost factor, these technologies have not benefited more growth as it is seen that two-wheeler manufacturers do not aim at making high profits and thus the prices of such technology will have to be low so that they can penetrate into the two-wheeler market.

Regulatory Compliance and Standardization

Challenge involved in dealing with different origination is  regulating measuring assessment in the brake component manufactured in different countries. Point to differences is that each country might have with regards to safety measures, certifications and compliance making it difficult to bring a product to the market. Compliance of products with the norms and requirements of one or another country is often complicated and may result in the prolonged development of new products and, hence, their reduced introduction in the market.

Durability and Performance Concerns

Some of the issues, which are still under great consideration include working conditions of brake components and their ability to withstand severe conditions. Motorcycles and scooters are in many varied and harsh riding conditions such as riding on wet, dusty and rough roads. It is essential to achieve the brake components’ excellent performance across these conditions all the time, which is only possible through frequent innovation and testing. Customers expect to obtain goods that will have high levels of endurance and dependability and this makes it a rocky and expensive process for manufacturers to produce such material or designs.

Supply Chain Disruptions

The brake components market, like any other market out there, is also highly vulnerable to risks that originate from supply chain networks. Issues like political instability, trade barriers, and social issues like scarcity can greatly affect the brake parts’ manufacturing and accessibility. Such interruptions may cause some problems like slow production, high cost of production and difficulties in satisfying the market demand for sophisticated brake systems. They have to create effective and sustainable supply chain management plans and look for other supply options to reduce the shocks of the risks affecting availability of components and materials.

Key Market Trends

Integration of Electronic Components

The integration of electronic components into braking systems is a prominent trend in the Global Two-Wheeler Brake Components Market. Smart braking systems that utilize sensors and electronic control units (ECUs) to enhance braking efficiency and safety are becoming increasingly popular. These systems can offer features such as automatic braking, traction control, and real-time monitoring of brake performance. The shift towards electronic integration is driven by the demand for higher safety standards and the growing adoption of connected and autonomous vehicle technologies.

Adoption of Lightweight Materials

The use of lightweight materials in brake components is another significant trend. Manufacturers are exploring high-strength alloys, composites, and advanced ceramics to reduce the weight of brake systems without compromising on performance and safety. Lighter brake components contribute to the overall reduction in vehicle weight, improving fuel efficiency and handling. This trend aligns with the broader industry focus on developing more energy-efficient and environmentally friendly vehicles.

Development of Regenerative Braking Systems

The rise of electric two-wheelers is driving the development of regenerative braking systems. Regenerative braking allows electric vehicles to convert kinetic energy back into stored electrical energy during braking, enhancing energy efficiency and extending battery life. This technology requires specialized brake components that can handle the dual functions of traditional braking and energy regeneration. As the adoption of electric two-wheelers grows, the demand for regenerative braking systems and associated components is expected to increase significantly.

Focus on Customization and Modular Design

Customization and modular design are becoming key trends in the brake components market. Manufacturers are offering modular braking systems that can be easily customized and upgraded based on specific vehicle requirements and consumer preferences. This approach allows for greater flexibility in design and application, catering to the diverse needs of different two-wheeler models and market segments. The ability to customize and modularize brake components enhances their appeal to manufacturers and consumers alike, driving market growth.

Segmental Insights

Product Type Insights

Among brake shoes, brake pad, and brake calipers, the brake pad segment it is gradually gaining dominance in the Global Two-Wheeler Brake Components Market. This predominance is as a result of several factors that makes brake pads to be the most preferred in the market and by manufacturers.

The brake pad segment can be said that dominate due to the high usage in the disc brake system which is increasingly used in today’s two-wheelers. Disc brakes which use brake pads are in many ways superior to drum brakes which use brake shoes in so far as the braking performance is concerned. They give improved dissipation of heat, less fade and the opportunity to have a consistent brake on varying conditions. Hence, transition from the historic drum brakes to disc brakes has greatly exerted pressure on producers of brake pad.

There is another crucial variable related to the brake pad segment which is the increase in awareness about the safety of automobiles. Since they are components of the disc brake system, brake pads reduce the distance needed to decelerate to a stop and enhances safety. As more car manufacturers increase adopting the use of even more enhanced braking systems such as the Anti-lock Braking Systems (ABS) which mostly incorporate the disc brakes the need for quality brake pads is expected to grow even higher. Various governments and regulating authorities in several areas are enforcing higher safety measures that compel manufacturers to incorporate disc brakes and as a result, brake pads in two-wheelers.

The technological improvement on the type of brake pad materials has also contributed to its market dominancy. The brake pad material used in the contemporary cars is made from composites, ceramics, and superior performing materials that improve on durability, heat stability, and its capacity to progressively provide the vehicles effective brake utilities. They do not only enhance the durability of brake pads but they also enhance a consistent performance regardless the kind of riding one is indulged in. This makes them always to be in the right standards of the users and manufacturers and hence makes them to be the best for use.

Also, an increasing application of high-performance and sport motorcycles has also fueled the need to apply brake pads. These motorcycles due to their speed and nimble handling need good braking so as to enhance the safety of the rider. Brake pads being quieter and more effective in term of stopping capacity are integral part of these enhanced brake systems. Hence as the demand for sport motorcycles and the two premium wheelers increases, there will be a demand for better and quality brake pads.



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Regional Insights

Among the driving forces that can be identified in contributing to Asia Pacific dominance is the overwhelmingly high levels of volume production and sales of two-wheelers in countries such as China, India, Indonesia, Vietnam, and Thailand. Together they are home to a substantial portion of the global population that own two-wheelers. Motorcycles and scooters are in high demand in these populous countries due to factors such as cost, fuel consumption, and the ability to maneuver through congested traffic is attributed to these modes of transport.

The conflict of interest also influences the domination of the Asia-Pacific country by economical characteristic. The increase in gross domestic product and therefore personal disposable income in emerging economies has resulted in a larger population of middle income earners who have to travel long distances and have opted for own transport particularly motorcycles. This economic upliftment has led to the improvement of purchaser power and hence, more consumer have inclined to purchase new and sophisticated models with modern braking system. Traditionally, the greatest demand has been for brake components of the highest grade, which has had a significant impact on the growth of this market in the region.

Also, the Asia-Pacific industry is backed up by the presence of prominent two-wheeler producers. The advancement of the major two wheeler players in Asia-Pacific region consolidates its authority. Some of the heavy players in worldwide motorcycle production including China and India have many global and regional suppliers who have extensive production networks and chains. Today, these manufacturers are constantly improving their production and developing new models to meet additional demand. The brake component manufacturers have located nearby these big two-wheeler makers, this has promoted effective supply chain systems, lower cost of production, and ultimately fast and timely response to occurrences in the market which will always help to propel the growth of the market.

Another significant factor that has bolstered the region dominance is the supportive regulatory framework and governing guidelines propagated to encourage the adoption and usage of two-wheeler vehicles. It is notable that the majority of governments in the Asia-Pacific region have made policies and incentives that support pro-two-wheeler and particularly electric motorcycles and scooters. For example, subsidies, tax credits, and funding for charging infrastructure for electric two-wheelers effectively contributed and increased the market demand of brake components.

Recent Developments

  • In 2023, Brembo, an Italian automotive and brake components manufacturer, launched a new generation of braking systems designed for electric two-wheelers. These systems focus on recovering braking energy and utilizing lightweight frames to improve energy efficiency. This innovation is aimed at addressing the growing demand for electric mobility.
  • In 2024, Bosch introduced a new line of smart braking systems featuring advanced electronic control units and sensors. These systems include features such as automatic emergency braking, traction control, and real-time performance monitoring, catering to the increasing need for enhanced safety and connectivity in vehicles.
  • Nissin Brake, a well-known brake components producer, announced its strategy to expand into emerging markets in 2023. The company established new plants in Southeast Asia to meet the rising demand for two-wheeler brake components. This strategic move is expected to strengthen Nissin Brake's market position and boost its share in these growing regions.

Key Market Players

  • Hitachi Astemo, Ltd.
  • Nuova FourB S.r.l.
  • UNO Minda Limited
  • Faurecia SE
  • Endurance Technologies Limited
  • Akebono Brake Industry Co., Ltd.
  • Continental AG
  • Robert Bosch GmbH
  • Huaihai Holding Group
  • ZF Friedrichshafen AG

    By Product Type               

        By Vehicle Type                   

      By Demand Category      

By Region

  • Brake Shoe
  • Brake Pad
  • Brake Caliper
  • Scooter/Moped
  • Motorcycle
  • Replacement
  • OEM
  • Asia-Pacific
  • Europe & CIS
  • North America
  • South America                 
  • Middle East & Africa
  

 Report Scope:

In this report, the Global Two-Wheeler Brake Components Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Two-Wheeler Brake Components Market, By Product Type:

o   Brake Shoe

o   Brake Pad

o   Brake Caliper

  • Global Two-Wheeler Brake Components Market, By Vehicle Type:

o   Scooter/Moped

o   Motorcycle

  • Global Two-Wheeler Brake Components Market, By Demand Category:

o   Replacement

o   OEM

  • Global Two-Wheeler Brake Components Market, Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Mexico

§  Canada

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  Turkey

§  Iran

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Two-Wheeler Brake Components Market.

Available Customizations:

Global Two-Wheeler Brake Components Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Two-Wheeler Brake Components Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at  [email protected] 

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Two-Wheeler Brake Components Market

5.    Global Two-Wheeler Brake Components Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Brake Shoe, Brake Pad & Brake Caliper)

5.2.2.    By Vehicle Type Market Share Analysis (Scooter/Moped & Motorcycle)

5.2.3.    By Demand Category Market Share Analysis (Replacement and OEM)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        Asia-Pacific Market Share Analysis

5.2.4.2.        Europe & CIS Market Share Analysis

5.2.4.3.        North America Market Share Analysis

5.2.4.4.        South America Market Share Analysis

5.2.4.5.        Middle East & Africa Market Share Analysis

5.2.5.    By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Two-Wheeler Brake Components Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Vehicle Type Market Mapping & Opportunity Assessment

5.3.3.    By Demand Category Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Two-Wheeler Brake Components Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Vehicle Type Market Share Analysis

6.2.3.    By Demand Category Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        China Market Share Analysis

6.2.4.2.        India Market Share Analysis

6.2.4.3.        Japan Market Share Analysis

6.2.4.4.        Indonesia Market Share Analysis

6.2.4.5.        Thailand Market Share Analysis

6.2.4.6.        South Korea Market Share Analysis

6.2.4.7.        Australia Market Share Analysis

6.2.4.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Two-Wheeler Brake Components Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Product Type Market Share Analysis

6.3.1.2.2.           By Vehicle Type Market Share Analysis

6.3.1.2.3.           By Demand Category Market Share Analysis

6.3.2.    India Two-Wheeler Brake Components Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Product Type Market Share Analysis

6.3.2.2.2.           By Vehicle Type Market Share Analysis

6.3.2.2.3.           By Demand Category Market Share Analysis

6.3.3.    Japan Two-Wheeler Brake Components Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Product Type Market Share Analysis

6.3.3.2.2.           By Vehicle Type Market Share Analysis

6.3.3.2.3.           By Demand Category Market Share Analysis

6.3.4.    Indonesia Two-Wheeler Brake Components Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Product Type Market Share Analysis

6.3.4.2.2.           By Vehicle Type Market Share Analysis

6.3.4.2.3.           By Demand Category Market Share Analysis

6.3.5.    Thailand Two-Wheeler Brake Components Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Product Type Market Share Analysis

6.3.5.2.2.           By Vehicle Type Market Share Analysis

6.3.5.2.3.           By Demand Category Market Share Analysis

6.3.6.     South Korea Two-Wheeler Brake Components Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Value

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Product Type Market Share Analysis

6.3.6.2.2.           By Vehicle Type Market Share Analysis

6.3.6.2.3.           By Demand Category Market Share Analysis

6.3.7.    Australia Two-Wheeler Brake Components Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Value

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Product Type Market Share Analysis

6.3.7.2.2.           By Vehicle Type Market Share Analysis

6.3.7.2.3.           By Demand Category Market Share Analysis

7.    Europe & CIS Two-Wheeler Brake Components Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Vehicle Type Market Share Analysis

7.2.3.    By Demand Category Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        Germany Market Share Analysis

7.2.4.2.        Spain Market Share Analysis

7.2.4.3.        France Market Share Analysis

7.2.4.4.        Russia Market Share Analysis

7.2.4.5.        Italy Market Share Analysis

7.2.4.6.        United Kingdom Market Share Analysis

7.2.4.7.        Belgium Market Share Analysis

7.2.4.8.        Rest of Europe &CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Two-Wheeler Brake Components Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product Type Market Share Analysis

7.3.1.2.2.           By Vehicle Type Market Share Analysis

7.3.1.2.3.           By Demand Category Market Share Analysis

7.3.2.    Spain Two-Wheeler Brake Components Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product Type Market Share Analysis

7.3.2.2.2.           By Vehicle Type Market Share Analysis

7.3.2.2.3.           By Demand Category Market Share Analysis

7.3.3.    France Two-Wheeler Brake Components Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product Type Market Share Analysis

7.3.3.2.2.           By Vehicle Type Market Share Analysis

7.3.3.2.3.           By Demand Category Market Share Analysis

7.3.4.    Russia Two-Wheeler Brake Components Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Product Type Market Share Analysis

7.3.4.2.2.           By Vehicle Type Market Share Analysis

7.3.4.2.3.           By Demand Category Market Share Analysis

7.3.4.2.4.            

7.3.5.    Italy Two-Wheeler Brake Components Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Product Type Market Share Analysis

7.3.5.2.2.           By Vehicle Type Market Share Analysis

7.3.5.2.3.           By Demand Category Market Share Analysis

7.3.6.    United Kingdom Two-Wheeler Brake Components Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Product Type Market Share Analysis

7.3.6.2.2.           By Vehicle Type Market Share Analysis

7.3.6.2.3.           By Demand Category Market Share Analysis

7.3.7.    Belgium Two-Wheeler Brake Components Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Product Type Market Share Analysis

7.3.7.2.2.           By Vehicle Type Market Share Analysis

7.3.7.2.3.           By Demand Category Market Share Analysis

8.    North America Two-Wheeler Brake Components Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Vehicle Type Market Share Analysis

8.2.3.    By Demand Category Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        United States Market Share Analysis

8.2.4.2.        Mexico Market Share Analysis

8.2.4.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Two-Wheeler Brake Components Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product Type Market Share Analysis

8.3.1.2.2.           By Vehicle Type Market Share Analysis

8.3.1.2.3.           By Demand Category Market Share Analysis

8.3.2.    Mexico Two-Wheeler Brake Components Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product Type Market Share Analysis

8.3.2.2.2.           By Vehicle Type Market Share Analysis

8.3.2.2.3.           By Demand Category Market Share Analysis

8.3.3.    Canada Two-Wheeler Brake Components Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product Type Market Share Analysis

8.3.3.2.2.           By Vehicle Type Market Share Analysis

8.3.3.2.3.           By Demand Category Market Share Analysis

9.     South America Two-Wheeler Brake Components Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Vehicle Type Market Share Analysis

9.2.3.    By Demand Category Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Brazil Market Share Analysis

9.2.4.2.        Argentina Market Share Analysis

9.2.4.3.        Colombia Market Share Analysis

9.2.4.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Two-Wheeler Brake Components Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product Type Market Share Analysis

9.3.1.2.2.           By Vehicle Type Market Share Analysis

9.3.1.2.3.           By Demand Category Market Share Analysis

9.3.2.    Colombia Two-Wheeler Brake Components Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product Type Market Share Analysis

9.3.2.2.2.           By Vehicle Type Market Share Analysis

9.3.2.2.3.           By Demand Category Market Share Analysis

9.3.3.    Argentina Two-Wheeler Brake Components Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product Type Market Share Analysis

9.3.3.2.2.           By Vehicle Type Market Share Analysis

9.3.3.2.3.           By Demand Category Market Share Analysis

10. Middle East & Africa Two-Wheeler Brake Components Market Outlook

10.1.           Market Size & Forecast

10.1.1. By Value

10.2.           Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Vehicle Type Market Share Analysis

10.2.3. By Demand Category Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     Turkey Market Share Analysis

10.2.4.2.     Iran Market Share Analysis

10.2.4.3.     Saudi Arabia Market Share Analysis

10.2.4.4.     UAE Market Share Analysis

10.2.4.5.     Rest of Middle East & Africa Market Share Analysis

10.3.           Middle East & Africa: Country Analysis

10.3.1. Turkey Two-Wheeler Brake Components Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Type Market Share Analysis

10.3.1.2.2.         By Vehicle Type Market Share Analysis

10.3.1.2.3.         By Demand Category Market Share Analysis

10.3.2. Iran Two-Wheeler Brake Components Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Type Market Share Analysis

10.3.2.2.2.         By Vehicle Type Market Share Analysis

10.3.2.2.3.         By Demand Category Market Share Analysis

10.3.3. Saudi Arabia Two-Wheeler Brake Components Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Type Market Share Analysis

10.3.3.2.2.         By Vehicle Type Market Share Analysis

10.3.3.2.3.         By Demand Category Market Share Analysis

10.3.4. UAE Two-Wheeler Brake Components Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Product Type Market Share Analysis

10.3.4.2.2.         By Vehicle Type Market Share Analysis

10.3.4.2.3.         By Demand Category Market Share Analysis

11. SWOT Analysis

11.1.           Strength

11.2.           Weakness

11.3.           Opportunities

11.4.           Threats

12. Market Dynamics

12.1.           Market Drivers

12.2.           Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1.           Company Profiles (Up to 10 Major Companies)

14.1.1. Hitachi Astemo, Ltd.

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. Nuova FourB S.r.l.

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. UNO Minda Limited

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4.  Faurecia SE

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Endurance Technologies Limited

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. Akebono Brake Industry Co., Ltd.

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. Continental AG

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. Robert Bosch GmbH

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.9. Huaihai Holding Group

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.10. ZF Friedrichshafen AG

14.1.10.1.  Company Details

14.1.10.2.  Key Product Offered

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Recent Developments

14.1.10.5.  Key Management Personnel

15. Strategic Recommendations

15.1.           Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Product Type

15.1.3. Target Vehicle Type

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Two-Wheeler Brake Components Market was estimated to be USD 1.47 Billion in 2023.

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In 2023, the fastest growing segment by vehicle type in the Global Two-Wheeler Brake Components Market was motorcycles. The motorcycle segment substantially outperformed other categories, including scooters and mopeds, largely due to its widespread usage in emerging markets and its popularity among enthusiasts in developed economies.

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The Asia-Pacific region dominates the Global Two-Wheeler Brake Components Market, largely driven by the high demand for two-wheelers in populous countries like India, China, and Indonesia. The region's favorable demographic profile, robust economic growth, and increasing urbanization contribute significantly to its dominant market share.

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The global Two-Wheeler Brake Components market is primarily driven by increasing urbanization and demand for affordable transportation options. Additionally, stringent safety regulations and a growing emphasis on vehicle performance contribute to market growth.

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Srishti Verma

Business Consultant
Press Release

Two-Wheeler Brake Components Market to Grow with a CAGR of 5.30% through 2029

Aug, 2024

The global Two-Wheeler Brake Components market is primarily driven by increasing urbanization and demand for affordable transportation options. Additionally, stringent safety regulations and a growin