DUBLIN, May 2, 2019 /PRNewswire/ -- The "Global Off-road Vehicle Braking System Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The off-road vehicle braking system market will register a CAGR of close to 5% by 2023.
The increase in recreational and adventure sports activities will lead the off-road vehicle braking system market to witness considerable growth in the forthcoming years. Mount racing and dirt racing activities are gaining immense popularity among sports enthusiasts. The adoption of off-road braking systems is quite higher in the US than in any other country. The growth in tourism will further promote the adoption of off-road recreational activities across the globe while spurring the sales of off-road vehicle braking systems during the forecast period.
Increase in recreational and adventure sports activities
One of the growth drivers of the global off-road vehicle braking system market is the increase in recreational and adventure sports activities. The growth in tourism will promote off-road recreational activities globally and will spur the sales of off-road vehicles during the forecast period.
Environmental impact of off-roading
One of the challenges in the growth of the global off-road vehicle braking system market is the environmental impact of off-roading. The adverse effects of off-road vehicle activities on the environment and ecosystems pose a threat to their credibility and thereby will hamper the growth of the market.
The market appears to be highly concentrated with the presence of a few market players. Vendors and motorcycle OEMs are working on improving the stability od adventure and dirt motorcycles by syncing the different safety systems. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- SxS - Market size and forecast 2018-2023
- ATV - Market size and forecast 2018-2023
- Off-road motorcycle - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Development of ABS-equipped ATVs
- Emergence of all-electric off-road vehicles
- Development of advanced stability control systems for off-road motorcycles
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- AISIN SEIKI Co., Ltd.
- Brembo S.p.A.
- Continental AG
- Nissin Kogyo Co., Ltd.
- Wilwood Engineering, Inc.
- ZF Friedrichshafen AG
PART 14: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/r/5t794l
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