Global Motorcycle Chains Market 2017-2021

Overview of the global motorcycle chains market

Technavio's market research analysis on the global motorcycle chains market has identified the rising demand for motorcycles in the developing countries as one of the major factors that will have a positive impact on this market's growth in the coming years. APAC holds the maximum market share of the global motorcycle market which highly consist of small and inexpensive motorcycles. Factors such as increasing standard of living, rise in the income levels, and high preference for motorcycles to commute will drive the sales for motorcycles in APAC. Developing countries in APAC, such as Myanmar, the Philippines, Pakistan, and Indonesia have strong motorcycle sales. Also, other developing countries, such as Brazil, Italy, Spain, and Thailand, are witnessing significant growth in motorcycle sales. This increased demand for motorcycles will raise the demand for motorcycle chains during the forecast period. Our market research analysts predict that in terms of units, this market will grow at a CAGR of close to 6% by 2021.

The use of stainless chains for maximum efficiency and optimum performance is one of the key trends that will contribute to the growth of this market.  Stainless chains provide increased efficiency and optimum drive performance for bicycles, motorcycles, and for industry applications. The stainless chains are appropriate, mainly where maintenance is a key factor, along with safety and consistency. Features such as no requirement for re-lubrication, chemical resistance, and extended service life will drive the demand for stainless steel chains during the forecast period.

Competitive landscape and key vendors  

Though the motorcycle chain market has the presence of a limited number of prominent vendors, the level of competition among these players is intense. Few of these players have long-term relationships with OEMs and these players focus on supplying chains not only for motorcycles but also for industrial and agricultural machinery, cars, and bicycles.

The leading vendors in the market are ?

• DAIDO KOGYO (D.I.D)
• Renthal
• RK JAPAN
• TSUBAKIMOTO CHAIN
• Sunstar-mc

The other prominent vendors in the market are BikeMaster, Enuma Chain, Regina Catene Calibrate, and Vortex Racing.

Segmentation by product and analysis of the motorcycle chains market

• X-ring chains
• Standard ring chains
• O-ring chains

During 2016, the standard ring chains segment accounted for the major shares of the motorcycle chains market. Factors such as the increased utilization of standard chains due to its cost-effectiveness and highly compatibility for small engine capacity vehicles will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the motorcycle chains market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the motorcycle chains market throughout the forecast period. India and China are the key contributors for the motorcycle market. The high preference for small capacity motorcycles and rising standard of living will drive the growth of the X-ring chains Market in the region.

Key questions answered in the report include

• ?What will the market size and the growth rate be in 2021?
• What are the key factors driving the global motorcycle chains market?
• What are the key market trends impacting the growth of the global motorcycle chains market?
• What are the challenges to market growth?
• Who are the key vendors in the global motorcycle chains market?
• What are the market opportunities and threats faced by the vendors in the global motorcycle chains market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global motorcycle chains market?

Technavio also offers customization on reports based on specific client requirement.

Motorcycle chains are most commonly used for the transmission of mechanical power in motorcycles. Roller chains or bush roller chains are the most commonly used chain drives. This upcoming research report on the global motorcycle chains market offers insights into the major trends and forthcoming drivers influencing the growth of the automotive industry. Our reports for the automotive industry also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like automotive components.  

By considering the market forecast and size, surging demand for various segments in the automotive components sector, the market research professionals at Technavio present an all-inclusive picture of the motorcycle chains market for the period of 2017 to 2021. Furthermore, our research practices support clients develop impactful growth strategies and keep pace with the continually changing market dynamics. This market research report also presents an extensive analysis of various products and services based on the insights from the information gathered from specific resources such as channel partners and market stakeholders.

This forthcoming market research report on the motorcycle chains market also covers vendors like D.I.D, EK, Sunstar, Vortex, and Regina. According to our market research experts, the advent of maintenance-free high-performance chains for customized drive solutions is expected to impact the global market significantly. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the motorcycle chains market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry research report on the motorcycle chains market also categorizes the key drivers, prominent trends, as well as the imminent restraints that the automotive components sector currently experiences. This upcoming report on the motorcycle chains market presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the automotive industry. Technavio also provides deep-dive market assessments into the sectors such as automotive electronics and automotive manufacturing.