DUBLIN, October 7, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Motorcycle Traction Control System Market 2016-2020" report to their offering.
The global motorcycle traction control system market is forecast to grow at a CAGR of 8.74% during the period 2016-2020.
According to the report, the factor positively influencing the sales of TCS is the adoption of touring motorcycles. The TCS is becoming a standard fitment in the touring segment motorcycles. All BMW Motorrad motorcycles are equipped with TCS from 2012.
This heavyweight segment should account for a maximum adoption of TCS during the forecast period. Basically, the increasing focus of consumers toward heavyweight motorcycles is attributed to the comfort level and safety given by these motorcycles for long-distance travelling. This focus is the major driver in the motorcycle TCS market.
Further, the report states that the complexity of parts and complex installation needed for TCS pose a challenge for the global motorcycle TCS market. As applications of motorcycle TCS are increasing, the controlling part such as the control unit is becoming increasingly complex in design. The design of a control unit should take into account the different scenarios.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- BMW Motorrad
- MV Agusta
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-users
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Market challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
PART 14: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/crm5qn/global_motorcycle
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets