At a CAGR of 8.86%, Global Automotive Anti-Lock Braking System Market to Rise 2017-2021 - Bosch, Continental, ZF, Autoliv, WABCO
The global automotive ABS market is growing owing its adoption in a wide range of applications, including passenger cars, CVs, and motorcycles. Motorcycle ABS in emerging countries such as India is expected to gain traction due to the development of low-cost ABS and safety regulations will increase the acceptance of these systems in passenger cars. Favorable regulations mandating ABS in all motorcycles with a displacement of above 125cc along with passenger cars and CVs will drive the market growth considerably.
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