Traction Control System (TCS) Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC543

Introduction

Traction control system is usually a subordinate function of electronic stability control (ESC) on motor vehicles and is designed to avoid loss of grip of road wheels. It is stimulated when control input and engine force are incompatible to road conditions. The traction control system is a supplementary protection feature which accompanies the anti-lock braking (ABS) system to offer advanced stability, specifically during tilting and cornering of motorcycles. The traction control system market is in its emerging stage since this system is chiefly limited to premium motorcycles that are used for racing and touring.

Market Dynamics

Increase in the acceptance of ultra-luxury motorcycles and escalating demand for traction control systems are some major factors driving the market growth. However, high cost of manufacturing of traction control system is currently hampering the market growth. Owing to growing inclination of youth towards sturdy cruiser motorcycles and sports bikes, the market for TCS is expected to witness increased demand in coming years.

Market Classification

The market can be bifurcated on the basis of product type, end user and geography. By end user, traction control system (TCS) market can be segmented into aftermarket and OEMs. By product type, traction control system (TCS) market can be segmented into braking torque control and engine torque control. On the basis of geography, the traction control system (TCS) market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Traction Control System (TCS) Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product Type, End User, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players involved in traction control system (TCS) market include AGS Automotive Systems, Inc, MAHLE GmbH, Kaishan Group, NPR of Europe GmbH (NE), ZYNP International, KSPG Automotive, Slinger Manufacturing Company Inc., TPR Teikoku Piston Ring Co., Ltd., Federal-Mogul Corporation, Westwood Cylinder Liners, GKN Plc, Advanced Sleeve, Melling Tool Co., Cummins and Darton among others.

Market Segmentation

Market By Product Type

·         Braking Torque Control

·         Engine Torque Control

Market By End user

·         Aftermarket

·         OEMs (Original Equipment Manufacturer)

Market By Geography

·         North America

o   U.S.

o   Canada

o   Mexico

·         Europe

o   UK

o   France

o   Germany

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of LATAM

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Microturbines Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction Microturbines are small ignition turbines just about the size of a refrigerator with output of range from 25 kW to 500 kW. They are developed for automotive and truck turbochargers, small jet engines and supplementary power units for airplanes. It ...

Automotive Aluminum Alloy Market (By Vehicle - Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Others; By Application - Powertrain, Structural, Exterior, Others) - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction Aluminum is one of the most widely used in the manufacturing of the various frames and parts for automotive vehicles. It is obtained from bauxite and is one of the most preferred material in various sectors. In pure form aluminum does not possesses...

Hydraulic Anti-Lock Braking System Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction Anti-lock braking system is primarily used to assist vehicles for safe braking and tranquil steering in circumstances such as slippery or wet road. It averts a person from skidding or slipping of vehicle, and recollects steering control after hard ...

Combustion Chamber Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction A combustion chamber is part of ICE i.e. internal combustion engine in which the fuel or air mix is scorched.The combustion procedure upsurges the interior energy of gas, which interprets into rising volume, pressure or temperature reliant on the s...

Diesel Fuel Filters Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction Automotive appliance technologies around globe are becoming progressively sophisticated, and providing clean diesel fuel to these complicatedly designed engines is a critical task. Diesel fuel filters are an essential part of contemporary automobil...

Diesel Oxidation Catalyst (DOC) Converter Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction A diesel oxidation catalyst is a device that uses a chemical process to break down impurities from diesel engine in the drain stream and converts them into less dangerous components. The procedure is similar to automobile's catalytic alteration...

Cart Summary

Special Pricing & Discounts