Market Overview:
The global motorcycle drive shafts market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for motorcycles across the globe. The shaft drive segment is expected to account for a major share of the global motorcycle drive shafts market during the forecast period. This can be attributed to its advantages such as low noise levels, smooth operation, and easy maintenance. The sports and touring drives segment is anticipated to grow at a high rate during the forecast period owing to the increasing demand for luxury motorcycles. In terms of region, North America dominates the global motorcycle drive shafts market followed by Europe and Asia Pacific.
Product Definition:
Motorcycle drive shafts are the metal tubes that extend from the engine to the rear wheel. They transmit power from the engine to the rear wheel, and help to keep everything in alignment. Drive shafts are important because they allow a motorcycle to travel at high speeds without wobbling or shaking.
Shaft Drive:
Shaft drive is a method of transmitting power to drive the chain-driven sprocket or cogwheels. It is most commonly used in bicycle and motorcycle drive shafts. The method varies from simplex (one splined shaft) to compound (two or more splined shafts connected by cross members) depending upon the number of speeds desired, complexity, and vehicle design.
Chain Drive:
The chain drive is a mechanical device which transmits power from one sprocket to another without the need for a gear. It is used in motorcycle drive shafts as it allows better flexibility and reduces the overall weight of the system. The primary benefit of using chain-driven systems over those with cogs or chains is that they are free; i.e., there are no significant costs associated with maintenance, repair, or replacement parts (such as gears).
Application Insights:
Moto power accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The segment is driven by high demand from end-user markets such as India, China and Japan. In addition, growing sales of Royal Enfield motorcycles in countries including Australia, Indonesia and Malaysia are expected to drive growth over the forecast period.
The sports & touring drives application segment is also projected to witness significant growth during the same period owing to increasing demand for shaft-type ST drives among enthusiasts across North America and Europe regions. Growing popularity of scrambler bikes has also been contributing significantly towards drive shaft sales in this segment since they require a more robust transmission system than standard bikes do.
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. Furthermore, favorable government regulations for manufacturing electric vehicles are expected to drive demand for electric drives in China and India, thereby driving the overall market growth. Europe accounted for a major share due to high demand from countries such as Germany, Italy, France and U.K., where sports activities are popular among individuals aged between 15 and 35 years old (motorcyclists).
The North America regional market comprises U.S., Canada and Mexico; all these countries have free trade agreements with each other which makes it easy for manufacturers from one country move their production base in another country without any additional costs or tariffs being levied on them; this factor has encouraged companies such as Honda Motor Co.
Growth Factors:
- Increasing demand for motorcycles from developing countries
- Rising disposable income of the middle-class population in developing countries
- Technological advancements in motorcycle drive shafts
- Growing popularity of adventure sports and tourism
- Increasing number of motorcyclists
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorcycle Drive Shafts Market Research Report
By Type
Shaft Drive, Chain Drive
By Application
Moto Power, Sports and Touring Drives
By Companies
Harley Davidson, BMW, Kawasaki, Suzuki
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Motorcycle Drive Shafts Market Report Segments:
The global Motorcycle Drive Shafts market is segmented on the basis of:
Types
Shaft Drive, Chain Drive
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
Moto Power, Sports and Touring Drives
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:
- Harley Davidson
- BMW
- Kawasaki
- Suzuki
Highlights of The Motorcycle Drive Shafts 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:
- Shaft Drive
- Chain Drive
- By Application:
- Moto Power
- Sports and Touring Drives
- 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 Drive Shafts 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
- Identifying Appropriate Advertising Appeals
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?
Motorcycle drive shafts are the transmission and powertrain components that connect the motorcycle's engine to its rear wheel. They allow the motorcycle to move forward or backward, and rotate around its vertical axis.
Some of the key players operating in the motorcycle drive shafts market are Harley Davidson, BMW, Kawasaki, Suzuki.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motorcycle Drive Shafts 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 Drive Shafts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motorcycle Drive Shafts 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 Drive Shafts 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 Drive Shafts Market Size & Forecast, 2020-2028
4.5.1 Motorcycle Drive Shafts Market Size and Y-o-Y Growth
4.5.2 Motorcycle Drive Shafts 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 Shaft Drive
5.2.2 Chain Drive
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 Moto Power
6.2.2 Sports and Touring Drives
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motorcycle Drive Shafts 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 Drive Shafts 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 Shaft Drive
9.6.2 Chain Drive
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 Moto Power
9.10.2 Sports and Touring Drives
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 Shaft Drive
10.6.2 Chain Drive
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 Moto Power
10.10.2 Sports and Touring Drives
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 Shaft Drive
11.6.2 Chain Drive
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 Moto Power
11.10.2 Sports and Touring Drives
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 Shaft Drive
12.6.2 Chain Drive
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 Moto Power
12.10.2 Sports and Touring Drives
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 Shaft Drive
13.6.2 Chain Drive
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 Moto Power
13.10.2 Sports and Touring Drives
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 Drive Shafts Market: Competitive Dashboard
14.2 Global Motorcycle Drive Shafts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harley Davidson
14.3.2 BMW
14.3.3 Kawasaki
14.3.4 Suzuki
