Motorcycle High Performance Braking System Market

Motorcycle High-Performance Braking System Market Overview:

Motorcycle High-Performance Braking System Market Size was valued at USD 1.27 Billion in 2022. The Motorcycle High-Performance Braking System market industry is projected to grow from USD 1.273 Billion in 2023 to USD 1.79 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.9% during the forecast period (2023 - 2032). Customers like solutions that improve performance as well as cutting-edge safety and practical features are the key market drivers accelerating market expansion.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Motorcycle High-Performance Braking System Market Trends

Increasing acceptance of road safety is driving the market growth

Market CAGR for motorcycle high-performance braking system is being driven by the increasing acceptance of road safety. A braking system that has been engineered to deliver the best stopping power and fade tolerance is known as a motorbike high-performance braking system. Although there are many various kinds of outstanding performance braking systems available, they all have several features in common. As well as stronger calipers and master cylinders, these systems frequently employ discs and pads with a greater diameter. Various disc and pad materials, such as ceramic or carbon fiber, may also be used in some systems.

Additionally, the major players now incorporate strong safety elements due to growing concern about traffic accidents and the mounting death toll. Global market growth has been promoted by the strict safety standards imposed by the government and regulatory bodies. Road accidents appear to be declining as a result of the use of smart braking systems in the vehicle brake system market. Recent developments prevent automobiles from skidding, lowering the possibility of accidents. The market is anticipated to expand significantly as a result of the rapid rise in vehicle production and sales and the rigorous laws governing the stopping distance.

The market for automotive brake systems is expected to grow as a result of the increasing need for passive and active safety features in automobiles. The market firms are engaged in the introduction of novel and enhanced systems, with research and development efforts concentrating on the introduction of new technologies. It is projected that in the future, the commercial growth potential of manufacturing enterprises will increase due to the expanding use of electric automobiles and the growing focus on autonomous vehicles. In order to make driving safer and more enjoyable, automakers are always inventing new, far better products. Leading businesses, including ZF Friedrichshafen AG and numerous others, are constantly developing electronic stability control and anti-lock braking systems to make cars safer and better.

For instance, the National Highway Traffic System Administration, the Insurance Institute for Highway Safety, and the top 20 automakers have all vowed to make automatic emergency braking (AEB) standard equipment in all current vehicles. Thus, result in driving the Motorcycle High-Performance Braking System market revenue.

Motorcycle High-Performance Braking System Market Segment Insights:

Motorcycle High-Performance Braking System Type Insights

The Motorcycle High-Performance Braking system Market segmentation, based on type includes Carbon, and Metal. The carbon segment dominated the market. One of the materials utilized in the creation of motorcycle brake systems is carbon. Because of its exceptional qualities, such as high rigidity, light weight, and temperature resistance, carbon or graphite material is an excellent choice for brake applications. Over the projected period, demand for these goods will be driven by the performance advantages they offer.

Motorcycle High-Performance Braking System Application Insights

The Motorcycle High-Performance Braking System Market segmentation, based on Application, includes OEMs, and Aftermarket. The OEMs category generated the most income. High-performance braking systems are available for all motorcycle categories, including dirt bikes, cruisers, sport bikes, dual-sports motorcycles, and four-wheelers. These motorbikes are made by major OEMs like Honda CBR or CBF series, Kawasaki Ninja H2 or H2S series, Yamaha R1/R6/R7, etc. These technologies are also used in the manufacturing of aftermarket goods like brake discs and pads sold by numerous international retailers such as DBA Corp., EBC Brakes, Redline, etc.

Figure1: Motorcycle High-Performance Braking System Market by Application, 2022 & 2032 (USD Million)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Motorcycle High-Performance Braking System Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Motorcycle High-Performance Braking System market will be dominated by market area, due to the rising demand for vehicles with greater performance in harsh environments, the accessibility of the main automakers, and the expansion of the sources of light-duty commercial vehicles and passenger automobiles in this region. The largest market contributor is the US.

Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.

Figure 2: Motorcycle High-Performance Braking System Market Share By Region 2022 (USD Million)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Europe Motorcycle High-Performance Braking System market represents the second-largest market share due to the significant export of vehicles and associated parts, as well as growing demand from global automakers. Further, the German Motorcycle High-Performance Braking System market held a dominant market share, and the UK Motorcycle High-Performance Braking System market was the European region's fastest-growing market.

The Asia-Pacific Motorcycle High-Performance Braking System Market has the fastest projected CAGR from 2023 to 2032. This is a result of the region's expanding population and the growing number of auto component manufacturing hubs, which have drawn business players to establish production centers there. Moreover, China’s Motorcycle High-Performance Braking System market held a dominant market share, and the Indian Motorcycle High-Performance Braking System market was the Asia-Pacific region's fastest-growing market.

Motorcycle High-Performance Braking System Key Market Players & Competitive Insights

Leading market players are putting a lot of money into R&D to extend their product lines, which will fuel the motorcycle High-Performance braking system market's expansion. Additionally, market participants are engaging in a range of strategic initiatives to increase their worldwide reach, with important market developments such as the introduction of new products, contracts, mergers and acquisitions, increased investments, and cooperation with other businesses. To grow and endure in an increasingly competitive and challenging market environment, Motorcycle High-Performance Braking System industry must provide reasonably priced goods.

One of the main business strategies employed by manufacturers is to produce locally to reduce operational expenses in the global Motorcycle High-Performance Braking System industry to develop market sector and provide benefits to customers. In recent years, the Motorcycle High-Performance Braking System industry has provided the automotive industry with some of the most important benefits. Major players in the Motorcycle High-Performance Braking System market, including Brembo, EBC Brakes, Galfer, StopTech, Beringer, SGL Group, Baer Brakes, Hawk Performance, Rotora, and Wilwood Engineering are some examples of brake manufacturers, and others, invest in operations for research and development in an effort to improve market demand.

Brembo is a market leader in the discovery, design, and manufacture of brake systems for automobiles, motorbikes, trucks, and racing cars. Brembo sells products under the AP Racing brand and the Brembo, breccia, byre, and Marchesini names. Brembo operates on three continents and has factories in 15 different countries. Brembo introduced ENESSYS ENERGY SAVING SYSTEM for small commercial vehicles in the aftermarket in September 2022. This system is designed to reduce wear and tear on brake discs and pads. Brembo began work on the creation of an active brake system in November 2021, with a target release date of 2024. This technology differs from conventional car braking systems in automotives.

SGL Carbon SE is a European company with its headquarters in Wiesbaden, Germany. It has 29 production locations across the world and a service network that covers more than 100 nations. The SGL share once belonged to the German MDAX, but due to the company's low free float market value, it hasn't been a part of the SDAX. One of the top manufacturers of carbon-based products in the world is SGL Carbon. As of 2021, SGL Carbon's major market will be the mobility industry categories. The energy sector (which includes batteries as well as wind and solar energy) is the largest market, followed by industrial applications, which include expanding categories like semiconductors. Additional significant clients are found in the chemical and textile fibers segments.

Key Companies in the Motorcycle High-Performance Braking System market include

• Brembo
• BERINGER
• EBC Brakes
• Galfer
• StopTech
• SGL Group
• Baer Brakes
• Hawk Performance
• Beringer Brakes
• Rotora
• Wilwood Engineering
• West Performance
• AP Racing
• Moto-Master

Motorcycle High-Performance Braking System Industry Developments

October 2022: Bethel Automotive Safety Systems Co., Ltd., a Chinese auto supplier, announced a deal to create an automobile chassis wire-controlled brake system with the Taizhou Bay New Area management committee.

July 2022: Brembo and Gold Phoenix have launched a joint venture to establish Shandong BRGP Friction Technology Co. Ltd. as the first significant Brembo manufacturing facility dedicated only to the production of cutting-edge aftermarket pads.

June 2018: The Akebono Brake Industry Co., Ltd. created the first new construction brake caliper in history. It is based on the design of the currently available AD-Type disc brake, which has undergone significant changes to meet the requirements for cars that use electric motors and are environmentally benign on a global scale.

Motorcycle High-Performance Braking System Market Segmentation

Motorcycle High-Performance Braking System Type Outlook

• Carbon
• Metal

Motorcycle High-Performance Braking System Application Outlook

• OEMs
• Aftermarket

Motorcycle High-Performance Braking System Regional Outlook

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World
  • Middle East
  • Africa
  • Latin America

Motorcycle High Performance Braking System Market Segmentation

Motorcycle High Performance Braking System Type Outlook (USD Billion, 2018-2032)

• Carbon

• Metal

Motorcycle High Performance Braking System Application Outlook (USD Billion, 2018-2032)

• OEMs

• Aftermarket

Motorcycle High Performance Braking System Regional Outlook (USD Billion, 2018-2032)

• North America Outlook (USD Billion, 2018-2032)

  • North America Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • North America Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • US Outlook (USD Billion, 2018-2032)

  • US Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • US Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • CANADA Outlook (USD Billion, 2018-2032)

  • CANADA Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • CANADA Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

• Europe Outlook (USD Billion, 2018-2032)

  • Europe Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Europe Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Germany Outlook (USD Billion, 2018-2032)

  • Germany Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Germany Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • France Outlook (USD Billion, 2018-2032)

  • France Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • France Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • UK Outlook (USD Billion, 2018-2032)

  • UK Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • UK Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • ITALY Outlook (USD Billion, 2018-2032)

  • ITALY Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • ITALY Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • SPAIN Outlook (USD Billion, 2018-2032)

  • Spain Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Spain Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Rest Of Europe Outlook (USD Billion, 2018-2032)

  • Rest Of Europe Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • REST OF EUROPE Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

• Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Asia-Pacific Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Asia-Pacific Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • China Outlook (USD Billion, 2018-2032)

  • China Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • China Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Japan Outlook (USD Billion, 2018-2032)

  • Japan Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Japan Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • India Outlook (USD Billion, 2018-2032)

  • India Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • India Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Australia Outlook (USD Billion, 2018-2032)

  • Australia Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Australia Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Rest of Asia-Pacific Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Rest of Asia-Pacific Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

• Rest of the World Outlook (USD Billion, 2018-2032)

  • Rest of the World Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Rest of the World Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Middle East Outlook (USD Billion, 2018-2032)

  • Middle East Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Middle East Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Africa Outlook (USD Billion, 2018-2032)

  • Africa Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Africa Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket

  • Latin America Outlook (USD Billion, 2018-2032)

  • Latin America Motorcycle High Performance Braking System by Type

    • Carbon

    • Metal

  • Latin America Motorcycle High Performance Braking System by Application

    • OEMs

    • Aftermarket