Bosch two-wheelers and powersports unit was founded in Japan almost a year back and motorcycle technology sales have already gone up by 20%. Now the company has announced that they want to achieve euro one billion sales from motorcycle technology in 2020.
Dirk Hoheisel, Bosch Management Board Member said – “In 2020, we want to achieve sales of one billion euro in motorcycle technology. In the future, the company will generate more than half these sales in Asia with India expected to be the biggest growth engine.”
The two-wheeler and powersports unit is the leading supplier of motorcycle safety technology and its side view assist is the world’s first assistance system for bikes. In addition, the unit supplies efficient injection technology as well as smart connectivity solutions and modern display instruments.
More than two million motorcycle ABS units have been built by Bosch since 1995. And it is estimated that almost 160 million motorised two-wheelers will be built worldwide in 2021. The two-wheeler and powersports unit that was formed in April 2015 and since then the sales of motorcycle technology have risen by more than 20%.
Dirk Hoheisel also said – “In emerging markets, motorised two-wheelers are often the least expensive way to get around, at the same time, these vehicles also face the challenge posed by stricter emissions legislation.”
Demand for increased motorcycle safety is also growing in emerging markets. According to the press release, antilock braking systems can prevent one-quarter of all motorcycle accidents that result in casualties. ABS stops the wheels from locking up which means the rider remains in control of the motorcycle while braking and can react quickly in a tricky situation.
Throughout the Europe, all newly sold two-wheelers with more than 125cc displacement must be fitted with ABS as of 2017. Starting in October 2018, Japan will be mandating ABS for new type approvals for motorcycles with more than 125cc. Brazil and Taiwan have already passed laws mandating ABS with India and the US also due to follow suit.