Two-Wheeler Brake Components Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Brake Shoe, Brake Pad & Brake Caliper), By Vehicle Type (Scooter/Moped & Motorcycle), By Demand Category (Replacement and OEM), By Region, By Competition, 2020-2030F

Market Overview

The Global Two-Wheeler Brake Components Market was valued at USD 1.65 Billion in 2024 and is expected to reach USD 4.73 Billion by 2030 with a CAGR of 5.20% during the forecast period. The global market for Two-Wheeler Brake Components has shown good potential for growth due to various factors that affirm the growing need for enhanced braking technology. Among these key factors, the ongoing focus on safety and risk-adverse consumers and standards setting bodies remains as one of the primary drivers. In rural areas, two-wheelers are becoming an essential mode of transportation due to their affordability and practicality. The Federation of Automobile Dealers Associations reported that rural contributions to two-wheeler sales surged by 57–60% in the April–June quarter of 2024. This increase is attributed to factors such as favorable monsoon conditions, government initiatives aimed at rural development, and the lack of public transport options in these areas. 

As people become more conscious of safety and as there is increasing pressure from governments and other authorities to implement better braking systems, companies are forced to invent equipment like Anti-lock Braking Systems (ABS) and Combined Braking Systems (CBS). With the surge in the population of two-wheeler vehicles, particularly in the urban settings especially in the developing countries, there is massive market demand for better braking systems. Increase in the number of people with disposable income, and rising urbanization meant that motorcycle and scooters demand increased, and so did the need for brake components. The rural two-wheeler market in India is experiencing a resurgence, contributing significantly to overall sales growth. In the first half of 2024, rural areas accounted for 57-60% of two-wheeler sales, driven by factors such as improved agricultural output, favorable monsoon conditions, and government initiatives aimed at rural development. 

Key Market Drivers

Growth of Electric Two-Wheelers

The global shift towards electric vehicles has extended to two-wheelers, creating a demand for specialized braking systems. Electric two-wheelers often incorporate regenerative braking systems that recover kinetic energy during braking to recharge the battery. This trend necessitates the development of brake components that seamlessly integrate with these systems, optimizing energy recovery and braking efficiency. The Indian government has introduced several schemes to promote the adoption of electric vehicles, including electric two-wheelers. In 2024, the government approved a USD 1.3 billion incentive scheme, known as PM E-DRIVE, which allocates funds for subsidies on electric vehicles, including two-wheelers. This initiative aims to reduce pollution and encourage the adoption of clean energy vehicles. 

The shifting preferences of two-wheeler enthusiasts towards performance-oriented models have had a substantial impact on the brake component market. Consumers today are not just looking for basic commuting vehicles; they seek enhanced riding experiences, responsive handling, and improved control. This demand for performance has prompted manufacturers to develop high-performance brake components that offer superior braking efficiency, reduced stopping distances, and enhanced overall riding dynamics. The integration of advanced materials, such as high-performance brake pads and precision-calibrated brake systems, has become a distinguishing factor for many premium two-wheeler models.

Aftermarket Demand and Replacement Needs

The existing large base of two-wheelers globally has fostered a robust aftermarket for brake components. As vehicles age and accumulate mileage, the need for regular maintenance and replacement of brake parts becomes essential. This consistent demand for replacement and upgraded brake components has encouraged manufacturers to offer a wide range of products catering to various segments and requirements. The aftermarket segment acts as a sustained driver for the brake component market's growth, supporting manufacturers' revenues and maintaining market dynamism.

Emerging Markets and Rising Disposable Income

The expansion of the Two-Wheeler Brake Components market is further bolstered by the growth of emerging economies and increasing disposable incomes in these regions. As more individuals in countries like India, China, and Southeast Asian nations enter the middle class, the affordability and convenience of two-wheelers make them an attractive choice for personal transportation. This surge in demand is accompanied by a parallel increase in the need for reliable and high-quality brake components, thereby augmenting the market's growth prospects. For Instance according to a report by World economic forum, income levels in emerging ASEAN countries are projected to increase by 6%-8% annually, driven by a growing middle class. Among these countries, Vietnam is expected to see the most significant rise in income. In Vietnam, average disposable income per capita is anticipated to double from USD 2,000 to USD 4,000 by 2030, with an annual growth rate of 8%, which is double the growth rate observed in the United States.

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Key Market Challenges

High Cost of Modern Braking System

The issues that are faced in the global two-wheeler brake components market are that, high-cost claims a major share in the price of two-wheelers for the incorporation of advanced braking system like ABS and CBS. Despite these systems providing safety superior to other systems, the higher cost of such systems is normally a disadvantage where consumers are sensitive to costs especially in developing nations. Due to this cost factor, these technologies have not benefited more growth as it is seen that two-wheeler manufacturers do not aim at making high profits and thus the prices of such technology will have to be low so that they can penetrate into the two-wheeler market.

Regulatory Compliance and Standardization

Challenge involved in dealing with different origination is  regulating measuring assessment in the brake component manufactured in different countries. Point to differences is that each country might have with regards to safety measures, certifications and compliance making it difficult to bring a product to the market. Compliance of products with the norms and requirements of one or another country is often complicated and may result in the prolonged development of new products and, hence, their reduced introduction in the market.

Key Market Trends

Integration of Electronic Components

The integration of electronic components into braking systems is a prominent trend in the Global Two-Wheeler Brake Components Market. Smart braking systems that utilize sensors and electronic control units (ECUs) to enhance braking efficiency and safety are becoming increasingly popular. These systems can offer features such as automatic braking, traction control, and real-time monitoring of brake performance. The shift towards electronic integration is driven by the demand for higher safety standards and the growing adoption of connected and autonomous vehicle technologies.

Development of Regenerative Braking Systems

The rise of electric two-wheelers is driving the development of regenerative braking systems. Regenerative braking allows electric vehicles to convert kinetic energy back into stored electrical energy during braking, enhancing energy efficiency and extending battery life. This technology requires specialized brake components that can handle the dual functions of traditional braking and energy regeneration. As the adoption of electric two-wheelers grows, the demand for regenerative braking systems and associated components is expected to increase significantly.

Focus on Customization and Modular Design

Customization and modular design are becoming key trends in the brake components market. Manufacturers are offering modular braking systems that can be easily customized and upgraded based on specific vehicle requirements and consumer preferences. This approach allows for greater flexibility in design and application, catering to the diverse needs of different two-wheeler models and market segments. The ability to customize and modularize brake components enhances their appeal to manufacturers and consumers alike, driving market growth. 

Segmental Insights 

Product Type Insights

The brake pad segment is increasingly becoming dominant in the global two-wheeler brake components market, primarily due to its integral role in disc brake systems, which are steadily replacing traditional drum brakes. Disc brakes offer superior braking performance, better heat dissipation, reduced brake fade, and consistent operation across various conditions, making brake pads essential for modern two-wheelers. This transition from drum to disc brakes has led to a surge in demand for brake pads. Growing awareness of vehicle safety has also played a critical role in this shift. Brake pads, being a key part of disc brake systems, significantly reduce stopping distances, enhancing rider safety. The adoption of advanced braking technologies like Anti-lock Braking Systems (ABS), which commonly utilize disc brakes, further boosts the need for high-quality brake pads. Government regulations around the world now enforce stricter safety standards, compelling manufacturers to equip two-wheelers with disc brakes and, consequently, brake pads.

Technological advancements in brake pad materials such as the use of composites and ceramics have improved their durability, heat resistance, and overall performance. These materials ensure consistent braking in different riding conditions and extend the lifespan of the components. Additionally, the growing popularity of high-performance and sport motorcycles, which require powerful and reliable braking systems, has further driven the demand for advanced brake pads. These motorcycles depend on effective braking for rider safety, making brake pads a crucial component in their design. Overall, these factors firmly establish brake pads as the preferred choice in the two-wheeler braking segment.

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Regional Insights

Asia-Pacific

Asia-Pacific held the largest market share in 2024, driven by high two-wheeler penetration in countries such as India, China, Indonesia, and Vietnam. Rapid urbanization, dense traffic conditions, and the growing need for affordable transportation solutions continue to propel two-wheeler sales, directly boosting demand for brake components. Government regulations mandating the inclusion of safety features like ABS and CBS have further increased the uptake of advanced braking systems. The surge in electric two-wheeler adoption, particularly in China and India, has also influenced the market, as these vehicles often require specialized braking systems suited for electric mobility. The presence of a large consumer base and extensive aftermarket opportunities makes Asia-Pacific the key contributor to overall market growth.

Europe & CIS 

Europe & CIS followed closely, backed by stringent safety and emission regulations that have prompted the integration of advanced braking technologies across all vehicle segments. The European Union's strict road safety directives have encouraged the development and implementation of high-performance brake systems, including disc brakes and anti-lock mechanisms, even in entry-level two-wheelers. The growing popularity of electric scooters and motorcycles in urban centers is contributing to a steady increase in demand for brake components tailored to these platforms. Moreover, consumer awareness regarding road safety and vehicle performance is substantially higher in this region, promoting the replacement and upgrade of braking systems through the aftermarket channel.

North America 

North America accounted for a significant share as well, supported by a stable demand for high-end motorcycles and scooters. The market is primarily influenced by enthusiasts and recreational riders who prefer premium bikes equipped with technologically advanced braking systems. Strong regulatory frameworks and consumer preference for safety and performance features have led to widespread adoption of ABS and electronically controlled braking systems. The two-wheeler market in North America is relatively mature, yet innovation in components and increasing interest in electric motorcycles are creating new growth avenues for brake component manufacturers.

Recent Developments

• At the EICMA 2024 motorcycle show, Bosch unveiled its ABSi system—a compact Anti-lock Braking System integrated with an inertial measurement unit. This integration reduces system complexity and eliminates the need for external components, facilitating the adoption of Motorcycle Stability Control (MSC) across more bike segments. Additionally, Bosch introduced six new Advanced Rider Assistance Systems (ARAS), including adaptive cruise control, group ride assist, and emergency brake assist, aimed at enhancing rider safety and convenience.
• Continental showcased its Twin Motor Control Unit (TMC) at EICMA 2024, designed to automate manual transmissions on two-wheelers. The TMC offers features like clutchless shifting and seamless up- and downshifting, enhancing riding performance. Additionally, Continental introduced an 8.88-inch 4:1 landscape-format display, part of its MultiViu technology platform, providing motorcyclists with clear and concise information such as navigation and smartphone data on a single screen. 
• Brembo unveiled its Distincta® brake and clutch master cylinder and M4.32 brake caliper at EICMA 2024. The Distincta® master cylinder features a lightweight design with a hidden lever fixing pin and a lever position adjustment system, offering improved ergonomics and aesthetics. The M4.32 brake caliper boasts a monobloc construction for enhanced stiffness and strength, and an innovative pad replacement system that allows riders to replace brake pads without removing the caliper from the vehicle. 
• In a significant step towards enhancing rider safety in electric mobility, Bosch partnered with Ultraviolette Automotive to introduce the F77, India's first electric two-wheeler equipped with Bosch’s dual-channel ABS. This system includes rear-wheel lift-up mitigation, crucial for maintaining stability during aggressive braking. The ABS technology is tailored for electric vehicles, considering factors like regenerative braking and energy recuperation, thereby improving overall safety and performance. 

Key Market Players

• Hitachi Astemo, Ltd.
• Nuova FourB S.r.l.
• UNO Minda Limited
• Faurecia SE
• Endurance Technologies Limited
• Akebono Brake Industry Co., Ltd.
• Continental AG
• Robert Bosch GmbH
• Huaihai Holding Group
• ZF Friedrichshafen AG

 Report Scope:

In this report, the Global Two-Wheeler Brake Components Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Global Two-Wheeler Brake Components Market, By Product Type:

o   Brake Shoe

o   Brake Pad

o   Brake Caliper

• Global Two-Wheeler Brake Components Market, By Vehicle Type:

o   Scooter/Moped

o   Motorcycle

• Global Two-Wheeler Brake Components Market, By Demand Category:

o   Replacement

o   OEM

• Global Two-Wheeler Brake Components Market, Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Italy

§  United Kingdom

o   North America

§  United States

§  Mexico

§  Canada

o   South America

§  Brazil

§  Argentina

o   Middle East & Africa

§  Turkey

§  Saudi Arabia

§  Saudi Africa 

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Two-Wheeler Brake Components Market.

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Global Two-Wheeler Brake Components Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

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