Insightful Forecast on Expansion of Global Motorcycle Traction Control Systems Market During 2017-2025

Traction control system, which was once preserved for Moto GP is now being equipped in low powered motorcycles as well as scooters. The world renowned motorcycle manufacturer Piaggio’s Vespa offers traction control system in its scooters. Motorcycle traction control system is considered to be an add-on safety feature which complements the Anti-lock Braking Systems (ABS). Motorcycle traction control system adds to rider safety during acceleration and cornering. Traction control system prevents slip of tire when power supplied to tires overcomes the friction provided by road. Traction control system uses the ABS sensors to determine the relative speed of front and rear wheel, it actuates when system observes slip in rear tire and decreases the rear wheel speed by retarding ignition timing, electronically adjusting throttle or by shutting off the ignition in engine cylinder (in multi cylinder engine). The method of decreasing power supply is chosen by their manufacturers depending on the motorcycles. Chosen method affects the system price radically. This system requires various sensors and actuators. These components elevate the system’s cost to a higher level. Most of the motorcycle OEMs manufacture their own systems whereas others outsource it. Traction control systems are still limited to performance bikes, use of these systems are increasing and gradually moving towards lower capacity motorcycles.
Motorcycle Traction Control Systems Market: Drivers & Trends
Increasing passion of the modern society for riding big capacity motorcycles is increasing day by day and this results in the propelling of traction control system market opportunities around the world. Motorcycle manufacturers are focusing on improving power delivery in low capacity engines, which can cause the slip of rear tire or lift of front tire. These possibilities spur the need of systems which can control power delivery and provide it at the time of requirement. As many countries have started mandating ABS in motorcycles, it is not too far that motorcycle OEMs will start adding traction control system in the bikes to provide better safety. Moreover competitiveness is forcing manufacturers to add new features in motorcycles. Two wheelers are more prone to accidents as compared to other vehicles on road, and therefore more safety features should be equipped in two wheelers to prevent it from accidents. This necessity promotes the growth of motorcycle traction control systems market all over the globe.
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Motorcycle Traction Control Systems Market: Restraints
Tires can also be improvised to increase the friction between road and vehicle, especially in low power motorcycles, these alternatives limit the use of motorcycle traction control systems. Besides alternatives, traction control system adds extra cost to manufacturers which cannot be overcome in economic motorcycles. Economic motorcycles share a relatively larger share of motorcycle market, and traction control systems are not required in low capacity motor cycles.
Motorcycle Traction Control Systems Market: Segmentation
Motorcycle traction control system can be segmented on the basis of engine capacity-Low capacity motorcycle under (under 500 CC) and High capacity motor cycles (above 500 CC). High capacity motorcycles have major market share by value.
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Motorcycle Traction Control Systems Market: Regional outlook
Motorcycle traction control market of North America is expected to grow steadily when compared to others. Whereas, Europe stands as one among the lucrative markets and expected to show a higher growth. Countries like China, Japan, and Australia have a greater share of traction control system market and are anticipated to be in the growing state in the future also. Developed countries hold majority of high capacity motorcycles market.
Motorcycle Traction Control Systems Market: Market Participants
Some of the examples of the market participants in the motorcycle traction control systems market are Continental AG, Robert Bosch GmbH, BMW Motorrad International, Kawasaki Heavy Industries, Ltd., Piaggio & C. SpA, Nemesis, Ducati Motor Holding S.p.A, GUBELLINI di D. Gubellini & C. s.a.s., MV AGUSTA Motor S.p.A., as well as Yamaha Motor Company among the other participants.
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Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @ https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, the digital e

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Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive, aerospace 3D printing market forecast shall cross $5,933.4 million by 2026 , growing at a CAGR of 26.8% during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance, National Aerospace Technology Exploitation Programme grants £140,000 funds for UK based company Sigma Components

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