Posted by The Brake Report | Jul 1, 2022
NEW YORK — Reportlinker.com announces the release of the report “Global Off-road Vehicle Braking System Market 2022-2026” which predicts a growth of 36 percent during the forecast period.
The company’s report on the off-road vehicle braking system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering approximately 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of disc brakes in off-road vehicles, growth in viewership for off-road racing events, and increase in recreational and adventure sports activities.
The off-road vehicle braking system market analysis includes the application segment and geographic landscape.
The off-road vehicle braking system market is segmented as below:
• North America • Europe • APAC • Middle East and Africa • South America
This study identifies the development of ABS-equipped ATVs as one of the prime reasons driving the off-road vehicle braking system market growth during the next few years.
Also, emergence of all-electric off-road vehicles and development of advanced stability control systems for off-road motorcycles will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Reportlinker.com’s report covers the following areas:
• Off-road vehicle braking system market sizing • Off-road vehicle braking system market forecast • Off-road vehicle braking system market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading off-road vehicle braking system market vendors that include Aisin Corp., BorgWarner Inc., Brembo SpA, CentroMotion, Continental AG, Freeman Automotive UK Ltd., Hitachi Ltd., Industrias Galfer SA, Robert Bosch GmbH, Tenneco Inc., Westinghouse Air Brake Technologies Corp., Wilwood Engineering Inc., and ZF Friedrichshafen AG. Also, the off-road vehicle braking system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
To view the entire announcement, click HERE.
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