Motorcycle drive chain is very important element of motorcycle drivetrain system. Most of the motorcycles use drive chain for transferring the engine power to the rear wheel. It is very important to maintain the motorcycle drive chain so that vehicle operates smoothly along with good mileage. Motorcycle drive chain is connected with sprocket and rear wheel which help to drive the motorcycle. Different type of drive chain are available according to the type of motorcycles. In street motorcycles standard rolling chain are mostly used and in high power engine motorcycles o ring chain or x ring chain are used.
Motorcycle Drive Chain Market: Market Dynamics
High disposable income in the regions, such as Europe & North America, has led to consumers venturing more into leisure activities that revolve around conventional motorcycles, such as bike stunts racing, & off-road activities, which in turn, has propelled the demand for high engine capacity two-wheelers. This factor is expected to drive the growth of motorcycles drive Chain market. Moreover, 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. This is one of the key driver for the growth of motorcycle drive Chain market. To fulfill the need for mobility in rural areas and overcome high selling price and tax rates of four wheelers, consumers are looking to conventional motorcycles, thereby increasing their demand and subsequently aiding the growth of motorcycle drive Chain market.
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In developing regions, majority of the working class population opts for four wheelers over two wheelers as vehicle prices are affordable for consumers. Moreover, Regions such as North America, Latin America and Europe have fewer motorcycle manufacturers, which makes these regions highly dependent on the import of conventional motorcycles and, in turn, increases the price of motorcycles. This can considerably hamper the growth of the motorcycle drive Chain market.
Motorcycle Drive Chain Market: Segmentation
Motorcycle Drive Chain Market can be segmented by types of motorcycle, Chain type, material type, distribution channel and by sales channel:-
On the basis of types of motorcycle, Motorcycle Drive Chain can be further segmented into:-
Standard
Cruiser
Sports
Off-road
On the basis of types of Chain type, Motorcycle Drive Chain can be further segmented into:-
Standard rolling Chain
O ring Chain
X ring Chain
On the basis of material type, Motorcycle Drive Chainmarket can be further segmented into:-
Mild Steel
Cast Steel
Cast Iron
On the basis of distribution channel, Motorcycle Drive Chainmarket can be further segmented into:-
Online
Offline
On the basis of sales channel, Motorcycle Drive Chainmarket can be further segmented into:-
Original Equipment Manufacturers (OEMs)
Aftermarket
Motorcycle Drive Chain Market: Regional Overview
Motorcycle Drive Chain Market is correlated with the two wheeler market on a global level. Increase in spending power of middle class population in the developing region such as China, India, Brazil, Mexico, ASEAN across the globe, is expected to offer plentyof opportunities for the progressive growth ofmotorcycle drive Chainmarket throughout forecast period. India & China are expected to dominate the market and also anticipated to hold more than one half share in the market, owning to high demand for two wheelers from these countries.Eastern Europe and Latin America have also witnessed high demand for two wheelers and its accessories. This factor is expected to drive the growth of motorcycle drive Chain market over the assessment period. Increasing population of two wheeler users and stringent emission norms for vehicles are some other factors that affect the growth of the motorcycle drive Chain market.
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Motorcycle Drive Chain Market: Market Participants
Examples of some of the market participants identified in the Global Motorcycle Drive Chain Market include:
Regina Group
D.I.D Chain
Rockman Industries Ltd.
ROMBO
TSUBAKI-Rider
JT Sprockets
Derby roller Chain (Bike Alert Plc.)