Dublin, Jan. 14, 2025 (GLOBE NEWSWIRE) — The “India Two Wheeler Brake System Market, By Region, Competition, Forecast & Opportunities, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering.
The India Two Wheeler Brake System Market was valued at USD 1.29 Billion in 2024, and is expected to reach USD 2.01 Billion by 2030, rising at a CAGR of 7.62%
The India two-wheeler brake system market is experiencing robust growth due to increasing consumer awareness about vehicle safety, stringent government regulations mandating advanced braking technologies, and rising two-wheeler demand driving overall industry growth. For instance, In 2024, the Indian two-wheeler industry experienced robust growth during the festive season, driven by a strong revival in rural demand following favorable monsoon conditions.
According to Aniruddha Haldar, Senior Vice President at TVS Motor Company, the industry recorded a 13% growth in the fiscal year, marking a significant improvement over previous years. Rural demand outpaced urban regions, signaling a positive shift for the sector. Additionally, scooters gained increasing acceptance in rural areas, further contributing to the overall growth in two-wheeler sales.
The growing penetration of Anti-lock Braking Systems (ABS) in mid-range and premium motorcycles, driven by government safety norms, has significantly boosted the market. Increasing demand for two-wheelers, especially in urban and semi-urban areas, is further propelling the adoption of effective braking systems, as these vehicles serve as a primary mode of transportation for millions. Technological advancements, such as the integration of combined braking systems (CBS) in entry-level models, have also expanded the scope of the market.
The shift toward electric two-wheelers has created a new growth avenue for brake system manufacturers. Electric scooters and motorcycles require lightweight and efficient braking systems, driving innovations in regenerative braking and electronic brake force distribution. Consumer preference for vehicles equipped with features enhancing safety and riding comfort is pushing manufacturers to develop intelligent braking solutions. Partnerships between brake system providers and OEMs to integrate smart braking technologies are gaining traction. The adoption of disc brakes across lower-cost motorcycles, previously limited to premium models, is another significant trend contributing to market expansion.
Despite strong growth prospects, the market faces challenges such as price sensitivity among consumers in the economy segment, which limits the penetration of advanced brake systems. The cost associated with ABS and other advanced technologies poses a challenge for manufacturers aiming to cater to a broad audience. Intense competition among local and global players is driving cost optimization efforts, which can strain profit margins. However, increasing consumer focus on safety and the enforcement of stringent regulations are expected to outweigh these challenges, ensuring steady growth during the forecast period.
Capacity Type Insight
The India two-wheeler brake system market is segmented by capacity type into less than 100 cc, 101-150 cc, and above 151 cc categories. Two-wheelers with less than 100 cc engine capacity cater primarily to budget-conscious consumers and are popular for short-distance commuting, particularly in rural and semi-urban areas. These vehicles are typically equipped with basic braking systems, such as drum brakes, designed to provide sufficient stopping power for their lightweight frames and lower speeds. Despite their simplicity, these braking systems are critical for ensuring safety and reliability for users in this segment.
The 101-150 cc capacity segment represents a balance between performance and affordability. Two-wheelers in this category are favored by urban and suburban commuters for their versatility, fuel efficiency, and moderate power output. The braking systems in this segment often include a combination of front disc brakes and rear drum brakes, offering improved stopping power while maintaining cost-effectiveness. Increasing consumer awareness about road safety has driven the adoption of advanced braking technologies such as combined braking systems (CBS), which enhance overall safety by distributing braking force evenly across both wheels.
Vehicles with above 151 cc engine capacity are designed for higher performance and cater to enthusiasts, long-distance commuters, and premium segment buyers. These two-wheelers require more advanced braking systems to handle higher speeds and greater power output. Disc brakes are commonly used on both front and rear wheels in this segment, providing superior braking performance and heat dissipation. The inclusion of anti-lock braking systems (ABS) has become more prevalent, offering improved control and stability during sudden braking or on slippery surfaces. This segment also sees a growing emphasis on innovation in braking materials and design to enhance durability and efficiency.
Each capacity type within the two-wheeler market has distinct braking system requirements tailored to its specific use case, performance demands, and target consumer base. The evolution of braking technologies across these segments reflects the market’s response to changing consumer preferences, regulatory standards, and safety concerns. This segmentation ensures that two-wheelers across all categories are equipped with appropriate braking solutions to meet the diverse needs of Indian riders while maintaining safety and performance standards.
Region Insights
In 2024, North India emerged as a dominant region in the two-wheeler brake system market. The region’s large population base, rapid urbanization, and increasing disposable income contributed significantly to the demand for two-wheelers, driving the need for efficient and advanced braking systems. The high density of manufacturing units and the growing number of two-wheeler sales in states such as Uttar Pradesh, Punjab, Haryana, and Delhi played a pivotal role in the expansion of the brake system market.
Motorcycles, which are highly popular in North India, account for a substantial share of the market. The demand for motorcycles in this region is primarily driven by their utility for both urban commuting and long-distance travel. As a result, motorcycle manufacturers are increasingly equipping their models with advanced braking systems, such as disc brakes, to meet safety requirements and consumer expectations for performance. The rising preference for higher-performance motorcycles has led to an increased adoption of technologies like anti-lock braking systems (ABS) and combined braking systems (CBS) in premium and mid-range segments.
Scooters also represent a key market segment in North India, particularly among urban commuters. The demand for scooters in cities like Delhi, Chandigarh, and Lucknow is fueled by their affordability, fuel efficiency, and ease of manoeuvring through congested streets. The adoption of braking systems in scooters has gradually shifted toward disc brakes in the front and rear, enhancing safety and stopping power, especially in the growing urban centers where road conditions can be challenging. The trend toward offering more advanced braking systems in scooters is expected to continue as the demand for higher-quality vehicles increases.
Mopeds, though less popular than motorcycles and scooters, still hold a significant market share in rural areas of North India. These vehicles are favoured for their lower cost and fuel efficiency. The braking systems in mopeds typically remain basic, with drum brakes being the preferred option. However, there has been a gradual move towards improving braking technology, driven by safety concerns and changing consumer preferences.
The dominance of North India in the two-wheeler brake system market in 2023 is also attributed to the region’s well-established transportation infrastructure, increasing adoption of motorcycles and scooters, and growing awareness of road safety. As consumer demand for better braking systems continues to rise, North India remains a key market for innovation in two-wheeler safety technologies.
Key Attributes:
Report Attribute | Details |
No. of Pages | 87 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $1.29 Billion |
Forecasted Market Value (USD) by 2030 | $2.01 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | India |
Report Scope:
Key Market Players
- Brembo N.V.
- UNO Minda Limited
- TVS Srichakra Limited
- Robert Bosch GmbH
- Rane Holdings Limited
- Sundaram Clayton Limited
- ZF Friedrichshafen AG
- Endurance Technologies Limited
- JJUAN, SAU
- Akebono Brake Corporation
India Two Wheeler Brake System Market, By Vehicle Type:
- Motorcycle
- Scooter & Moped
India Two Wheeler Brake System Market, By Capacity Type:
- Less Than 100 cc
- 101-150 cc
- Above 151 cc
India Two Wheeler Brake System Market, By Brake Type:
India Two Wheeler Brake System Market, By Region:
- North India
- South India
- West India
- East India
For more information about this report visit https://www.researchandmarkets.com/r/4hp6nm
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- Indian Two Wheeler Brake System Market