Global Motorcycle Drive Chain Market, By Types of Motorcycle (Standard, Cruiser, Sports and Off-road), Types of Chain Type (Standard Rolling Chain, O Ring Chain and X Ring Chain), Engine Capacity (Up to 150 CC, 151-300 CC, 301-500 CC and Above 500 CC), Material Type (Mild Steel, Cast Steel and Cast Iron), Distribution Channel (Online and Offline), Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights Global Motorcycle Drive Chain Market
Motorcycle drive chain market is expected to gain a growth of USD 6,473.00 million with a CAGR of 5.72% in the forecast period of 2021 to 2028. Data Bridge Market Research report on mining equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Consumers venturing more into leisure activities that revolve around conventional motorcycles, such as bike stunts racing, & off-road activities has boosted the motorcycle drive chain market.
Motorcycle drive series is a very important motorcycle drivetrain system. Most motorcycles use a series of steering wheel to transfer engine power to the rear wheel. It is very important to maintain a series of motorcycles for the car to work properly and for good mileage. The motor drive chain is connected to a sprocket with a rear wheel that helps drive the motorcycle. Different types of driving series are available depending on the type of motorcycle. On road motorcycles the standard wrap chain is widely used and on high-powered motorcycles a chain or x chain is used. Standard chains are usually used in commuter motorcycles, and they are best suited for low speed and small-capacity vehicles. These chains are not self-lubricating and require regular lubrication for smooth functioning. Lubrication ensures that the sprockets do not wear out quickly and the chain runs without any noise. The chain internals has a higher tendency of dirt and dust accumulation as they are open to surroundings.
Increasing purchasing power of rural area population and lack of a well-established public transport system, the demand for motorcycles and scooters has considerably increased in rural areas is the main driving factor for the growth of motorcycle drive chain market. High demand for two wheelers and its accessories is also a driving factor for the motorcycle drive chain market. Affordable price brackets for middle-class buyers, low environmental impact, associated freedom of movement in crowded urban environments and ease of parking is an opportunity for the growth of motorcycle drive chain market.
Need of regular maintenance is a challenge for the motorcycle drive chain market. However, increasing government initiatives and stringent emission norms, electric bikes are gaining popularity is the main restraint for the growth of motorcycle drive chain market during the forecast period of 2021- 2028.
This motorcycle drive chain market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research motorcycle drive chain market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
In September 2019, BMW Motorrad introduced new maintenance-free chain called ‘M Endurance’ chain (image above). The motorcycle manufacturer alleges that the chain neither needs tension adjustment nor lubrication. While BMW is known for its almost no maintenance shaft-driven bikes, they have decided to turn their attention to drive chains.
Motorcycle Drive Chain Market Scope and Market Size
Motorcycle drive chain market is segmented on the basis of types of motorcycles, types of chain, engine capacity, material type, distribution channel and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Motorcycle drive chain market on the basis of types of motorcycles has been segmented as standard, cruiser, sports and off-road.
- Based on types of chain, the motorcycle drive chain market has been segmented into standard rolling chain, o ring chain and X ring chain.
- On the basis of engine capacity, the motorcycle drive chain market has been segmented into up to 150 CC, 151-300 CC, 301-500 CC and above 500 CC.
- Based on material type, the motorcycle drive chain market is segmented into mild steel, cast steel and cast iron.
- Based on distribution channel, the motorcycle drive chain market is segmented into online and offline.
- Based on sales channel, the motorcycle drive chain market is segmented into original equipment manufacturers (OEMs) and aftermarket.
Motorcycle Drive Chain Market Country Level Analysis
Motorcycle drive chain market is analysed and market size, volume information is provided by country, types of motorcycles, types of chain, engine capacity, material type, distribution channel and sales channel as referenced above.
The countries covered in the motorcycle drive chain market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific will dominate the motorcycle drive chain market due to usage of motorcycles for recreational activities among the population in this region, growing affluent population and changing demographic outlook in the region, whereas North America will witness its growth rate due to country-side riding, especially with high engine capacity motorcycles and high disposable income in the regions.
The country section of the motorcycle drive chain market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Motorcycle Drive Chain Market Share Analysis
Motorcycle drive chain market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to motorcycle drive chain market.
The major players covered in the motorcycle drive chain market report Qingdao Choho Industrial Co., Ltd, KMC INTERNATIONAL INC., DAIDO KOGYO Co., LTD., L.G.Balakrishnan & Bros Ltd., Hangzhou SFR Technology Co., Ltd., RK JAPAN, TIDC INDIA, Rockman Industries, Schaeffler Group, ENUMA CHAIN MFG.CO.,LTD, Regina Catene Calibrate Spa, D.I.D Chain, ROMBO, TSUBAKI-Rider, JT Sprockets, Bike Alert Plc., Tsubakimoto Chain, Jiangxi Hengjiu Chain Transmission Co.,Ltd, Jomthai Asahi Co.,Ltd, The Diamond Chain Company are among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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