Global Motorcycle Drivetrain Market Report and Forecast 2024-2032

Global Motorcycle Drivetrain Market Outlook

The global motorcycle drivetrain market size is expected to grow at a CAGR of 7.80% during the forecast period of 2024 and 2032. The market growth is driven by technological advancements and increasing demand for electric vehicles in the automotive market.

Global Motorcycle Drivetrain Market Trends

The motorcycle drivetrain is an integral part that enables the delivery of power from the engine to the rear wheel. A drivetrain usually consists of three separate units including the primary drive, the transmission, and the final drive, and all these aspects together play a major role in the operation of the bike. The final drive of a motorcycle can be available in three different types, including chain, belt, and shaft drive.

• Latest technological advancements such as ABS and connectivity features in helmets are expected to drive motorcycle sales around the world. ABS is being widely accepted among manufacturing companies in the automotive industry and has significantly aided in enhancing sales.
   
• Due to the rapid advancements in motorcycles, increasing disposable income, and a growing number of younger generations, the demand for two-wheeler bikes is going to surge in the forecast period.
   
• The increasing demand for electric vehicles due to depleting fossil fuel reserves has propelled market players to shift their focus to the development of electric motorcycles. The rise in sales of electric two-wheeler vehicles can augment the market growth.
   
• Increasing demand for motorcycles in developing nations is expected to drive the market growth. With the developing economy and rising disposable income in rural areas, the sales of motorcycles will significantly increase, which will propel the market growth.

Global Motorcycle Drivetrain Market Analysis

Based on fuel type, the market can be segmented into petrol and electric. Based on the propulsion type, it can be bifurcated into chain drive, belt drive, and shaft drive. Based on transmission type, the market can be divided into automated manual transmission (AMT), manual transmission (MT), and automatic transmission (AT). The regional markets for the market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. 

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global motorcycle drivetrain market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans. 

• Hangzhou Qianjiang Chain Industries Co.,Ltd.
   
• Thai Motor Chain Co. Ltd.
   
• Hangzhou SFR Technology Co., Ltd.
   
• Yabang Enterprise Co., Ltd. 
   
• TEAM Industries
   
• Others

Fuel Types in the Motorcycle Drivetrain Market 

Based on fuel type, the market can be bifurcated into petrol and electric. The petrol segment holds the largest share of the market owing to its wide adoption and distribution of fuel in various regions. However, the demand for petrol is expected to decline in the coming years due to the depleting fossil fuel reserves and stringent policies implemented by government agencies to control emissions.

The electric segment is expected to expand at a rapid rate owing to the increasing demand for environmentally friendly products and they adhere to stringent emission control terms. The market is expected to experience significant growth due to original equipment manufacturers increasing their focus on the development of electric and hybrid motorcycles.

Transmission Types Available for Motorcycle Drivetrain Market

Based on transmission type, the market divisions include automated manual transmission (AMT), manual transmission (MT), and automatic transmission (AT). Among these types of transmission, the manual transmission type is expected to dominate the market owing to its fuel efficiency and cost-effectiveness. Maintenance and repair costs of manual transmissions are much lower when compared to automatic transmissions which require fluid changes and replacement of filters.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape

Hangzhou Qianjiang Chain Industries Co., Ltd. is one of the largest manufacturers of industry transmission chains, motorcycle chains, professional drive chains, and sprocket manufacturers. They have also developed dust and waterproof chains, silent-toothed chains, and heavy-duty roller chains.

The company was established in 1996 and the headquarter is in Zhejiang, China. Their main market regions include the domestic market, North America, South America, Eastern Europe, and the Middle East.

Thai Motor Chain Co. Ltd. is a leading motorcycle chain manufacturer in Thailand, and it is based in Rayong Province. The company has been rapidly developing in Thailand with a product portfolio of a wide range of quality products including motorcycle drive chains, drive chain kits, and sprocket kits, among others.

Hangzhou SFR Technology Co., Ltd. is a manufacturing company that has been operating in the field since 1991. The company is located in Zhejiang, China. The company specializes in manufacturing motorcycle drive chains and industrial chains. They also provide products such as agricultural chains, chain sprocket kits, silent chains, and 25H timing chains.

Other market players include Yabang Enterprise Co., Ltd. and TEAM Industries, among others.

Key Highlights of the Report