Market Overview:
The global motorcycle chain sprocket market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 4.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The global motorcycle chain sprocket market is expected to be worth US$ 1,814.4 Mn by 2030 end. The standard chain sprocket segment is anticipated to account for a major share of the global motorcycle chain sprocket market in terms of value during the forecast period. This can be attributed primarily to the high demand for standard chains from OEMs across regions. However, non-standard chains are also witnessing increasing demand from aftermarket players owing to their ability offer enhanced performance as compared with standard chains.
Product Definition:
A motorcycle chain sprocket is a toothed wheel that meshes with a motorcycle chain to transmit power from the engine to the rear wheel. The teeth on the sprocket engage the links on the chain, providing leverage and increasing torque. The size of the sprocket affects how much power is transmitted and how fast the bike can go.
Standard Chain Sprocket:
The standard chain sprocket is a cylindrical device mounted to the rear of most motorcycles. The primary function of this device is to provide an accurate and reliable way for the rider to obtain low gear ratio shifts while riding in any gear other than first.
It does this by providing a means for changing gears without having to use the clutch or brake, hence its secondary usage as a safety feature that prevents riders from using either one if used alone.
Non-standard Chain Sprocket:
Non-standard chain sprocket is a device attached to the rear wheel of a motorcycle. It is used for changing the speed of the vehicle and hence known as gearbox. The non-standard chain sprockets are manufactured according to customer requirements and can be either mechanical or hydraulic in nature.
Application Insights:
OEMs held the largest market share of over 80% in 2017. The OEMs use chain sprocket as a part of standard equipment on new bikes sold by them. Chain sprockets are manufactured according to the specifications provided by the OEM and then they are used on millions of motorcycles produced by various companies every year. These products have been around for decades and their usage is mandatory under law across most countries worldwide, thus making it an aftermarket product for replacement or modification purposes.
The demand for these products has been growing steadily due to its utility in increasing bike performance as well as reliability at a lower cost than other modifications or accessories do. Furthermore, with rising disposable income among consumers globally, there has been an increase in demand for high-performance motorbikes that can be driven to work easily along with providing better comfort and protection from weather conditions during ride time owing to superior quality materials used in manufacturing these products further driving their growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing sales of two-wheelers and rising disposable income of consumers. Moreover, favorable government regulations for manufacturing electric vehicles are likely to drive demand for sprockets from motorbike manufacturers in China and India. Europe accounted for a significant share of revenue in 2017 owing to high demand from countries, such as Germany, Italy, France and U.K., which are major markets for motorcycle chains & sprockets globally.
North America is also anticipated to grow at a moderate pace during the forecast period due to lack of product innovation by manufacturers coupled with stagnant economic conditions within individual countries such as U.S.
Growth Factors:
- Increasing demand for motorcycles from developing countries
- Rising disposable income of the middle-class population in developing countries
- Technological advancements in motorcycle chain sprocket design and manufacturing process
- Growing popularity of adventure tourism and motorcycling as a leisure activity
- Stringent safety norms for motorcycle manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorcycle Chain Sprocket Market Research Report
By Type
Standard Chain Sprocket, Non-standard Chain Sprocket
By Application
OEM, Aftermarket
By Companies
JT Sprockets, Tsubakimoto Chain, Renthal, Regina Catene Calibrate, Rockman Industries, Izumi Chain, RK Japan, TIDC India, Hengjiu Group, L.G.Balakrishnan & Bros, JT Sprockets
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Motorcycle Chain Sprocket Market Report Segments:
The global Motorcycle Chain Sprocket market is segmented on the basis of:
Types
Standard Chain Sprocket, Non-standard Chain Sprocket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JT Sprockets
- Tsubakimoto Chain
- Renthal
- Regina Catene Calibrate
- Rockman Industries
- Izumi Chain
- RK Japan
- TIDC India
- Hengjiu Group
- L.G.Balakrishnan & Bros
- JT Sprockets
Highlights of The Motorcycle Chain Sprocket Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Standard Chain Sprocket
- Non-standard Chain Sprocket
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Motorcycle Chain Sprocket Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A motorcycle chain sprocket is a small metal or plastic gear that helps to rotate the motorcycle's engine. It is attached to the rear wheel and transmits power from the engine to the drivetrain.
Some of the major companies in the motorcycle chain sprocket market are JT Sprockets, Tsubakimoto Chain, Renthal, Regina Catene Calibrate, Rockman Industries, Izumi Chain, RK Japan, TIDC India, Hengjiu Group, L.G.Balakrishnan & Bros, JT Sprockets.
The motorcycle chain sprocket market is expected to register a CAGR of 4.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motorcycle Chain Sprocket Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Motorcycle Chain Sprocket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motorcycle Chain Sprocket Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Motorcycle Chain Sprocket Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Motorcycle Chain Sprocket Market Size & Forecast, 2020-2028
4.5.1 Motorcycle Chain Sprocket Market Size and Y-o-Y Growth
4.5.2 Motorcycle Chain Sprocket Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Standard Chain Sprocket
5.2.2 Non-standard Chain Sprocket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motorcycle Chain Sprocket Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Motorcycle Chain Sprocket Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Standard Chain Sprocket
9.6.2 Non-standard Chain Sprocket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Standard Chain Sprocket
10.6.2 Non-standard Chain Sprocket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Standard Chain Sprocket
11.6.2 Non-standard Chain Sprocket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Standard Chain Sprocket
12.6.2 Non-standard Chain Sprocket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Standard Chain Sprocket
13.6.2 Non-standard Chain Sprocket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Motorcycle Chain Sprocket Market: Competitive Dashboard
14.2 Global Motorcycle Chain Sprocket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JT Sprockets
14.3.2 Tsubakimoto Chain
14.3.3 Renthal
14.3.4 Regina Catene Calibrate
14.3.5 Rockman Industries
14.3.6 Izumi Chain
14.3.7 RK Japan
14.3.8 TIDC India
14.3.9 Hengjiu Group
14.3.10 L.G.Balakrishnan & Bros
14.3.11 JT Sprockets
