Motorcycle Chains Market Size 2024-2028
The motorcycle chains market size is forecast to increase by USD 1.16 billion at a CAGR of 6.73% between 2023 and 2028.
- The market is experiencing significant growth, driven by the increasing sales of motorcycles worldwide. This trend is particularly notable in emerging economies where motorcycle ownership is becoming more prevalent due to their affordability and fuel efficiency. Another key factor fueling market growth is the growing demand for high-performance chains that offer improved durability, efficiency, and enhanced riding experience. However, the market is not without challenges. Fluctuations in raw material prices, primarily steel and nickel, pose a significant threat to the profitability of motorcycle chain manufacturers. These price volatilities can lead to increased production costs and, ultimately, higher prices for consumers.
- To mitigate these challenges, market participants are exploring alternative materials and manufacturing processes to reduce their reliance on traditional raw materials and improve their competitive position. Companies seeking to capitalize on the opportunities in this market should focus on innovation, cost optimization, and strategic partnerships to stay ahead of the competition and meet the evolving demands of consumers.
What will be the Size of the Motorcycle Chains Market during the forecast period?
- Motorcycle Chain Market Trends and Dynamics Motorcycle chains play a crucial role in the efficient transmission of power from the engine to the wheels. Recent market research reveals several key aspects influencing the motorcycle chain market. Chain performance optimization and service life extension are essential factors driving the market. Chain selection, upgrade, and maintenance are critical considerations for motorcycle manufacturers and riders alike. Chain rust, breakage, and repair are ongoing challenges, necessitating continuous innovation in chain technology and material advancements. Chain durability, stretching rate, and compatibility are significant factors impacting replacement intervals and wear measurement. Chain noise, installation, sizing, inspection, removal, cleaning frequency, and lubrication frequency are essential aspects of chain maintenance, which significantly influences the market.
- Chain technology innovations and material advancements aim to address issues like rust, durability, and compatibility, ensuring optimal chain performance and longevity. Understanding these market dynamics and trends can help businesses capitalize on the evolving motorcycle chain market.
How is this Motorcycle Chains Industry segmented?
The motorcycle chains industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
- Channel
- OEM
- Aftermarket
- Type
- Standard
- Sports
- Cruiser
- Others
- Geography
- North America
- US
- APAC
- China
- India
- Indonesia
- Thailand
- North America
By Channel Insights
The oem segment is estimated to witness significant growth during the forecast period.
The market encompasses various types of chains, including O-ring, X-ring, Z-ring, nickel-plated, and stainless steel chains, among others. These chains serve essential functions in motorcycle drivetrains, such as chain drive, chain tension, and chain lubrication. OEMs are significant buyers in the market, procuring chains for new motorcycle models, thereby driving market growth. Motorcycle customization trends, including performance upgrades and motorcycle types like superbikes, cruisers, motocross, and enduro, fuel the demand for diverse chain types. Motorcycle chains are integral to motorcycle maintenance, with regular cleaning, lubrication, and replacement crucial for optimal performance and longevity.
The market also caters to aftermarket parts, offering chain maintenance kits, cleaning kits, and chain tools. The increasing popularity of motorcycles for daily commuting and long-distance travel further boosts the market's expansion.
The OEM segment was valued at USD 1.93 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 61% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In the dynamic motorcycle industry, various components play integral roles in enhancing performance and durability. Motorcycle chains, including O-ring, X-ring, stainless steel, nickel-plated, and high-strength varieties, are essential for optimal chain drive functionality. These chains are subjected to continuous wear and require regular maintenance, such as chain cleaning, lubrication, and adjustment, using specialized tools and kits. The APAC region, led by economies like China, India, and Indonesia, dominates the global two-wheeler market. Motorcycles, popular for their affordability and ease of use, cater to various segments, including daily commuters, touring motorcycles, and performance or sports motorcycles.
In 2023, China, Japan, and South Korea were significant contributors to the market in APAC. Motorcycle customization trends continue to evolve, with an increasing focus on high-performance chains, chain lubrication systems, and chain wear indicators. Sealed chains and performance upgrades, such as superbike chains and cruisers chains, cater to the demands of different riding styles, from motocross to enduro and street riding. Furthermore, chain maintenance is crucial for fuel efficiency and longevity. Chain pitch, width, and tension are essential factors that influence the performance and lifespan of motorcycle chains. OEM chains and aftermarket parts offer various solutions to cater to diverse motorcycle models and preferences.
In summary, the market in APAC is driven by the region's dominant two-wheeler industry, the growing demand for performance upgrades, and the importance of regular maintenance for optimal chain functionality.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Motorcycle Chains Industry?
- The primary factor fueling the market's growth is the rising global sales of motorcycles.
- The market experiences growth in tandem with the rising sales of motorcycles worldwide. This trend is observable in various regions, with Europe being a notable example. In 2023, motorcycle sales in Europe, particularly in Germany, demonstrated a significant upward trend. The motorcycle industry in Germany reached a five-year high, with 2023 marking a record-breaking year for several manufacturers. Between January and August of 2023, approximately 102,150 motorcycles were registered, representing a 15% increase compared to the same period in 2022.
- This growth in motorcycle sales translates into increased demand for motorcycle components, including chains.
What are the market trends shaping the Motorcycle Chains Industry?
- The emerging market trend reflects a significant increase in demand for high-performance chains, signifying a notable shift in industry preferences towards efficiency and productivity.
- Motorcycle chains have gained significant attention in the market due to the increasing demand from sports and premium bike riders. These enthusiasts seek chains that can withstand heavy usage, ensure efficient power transmission, and enhance overall bike performance. The advancement of motorcycle technology has led riders to push the limits of performance, necessitating high-performance chains. Designed specifically for powerful and high-speed bikes, these chains provide superior strength, precision, and resistance to wear, making them essential for optimal performance on the track.
- The popularity of sports bikes and motorcycle racing events has further fueled the demand for high-performance chains. Consumers in these segments require chains that can meet the specific demands of their bikes under extreme conditions. In summary, the market for motorcycle chains is driven by the need for efficient power transfer and durability, fueled by the growing popularity of sports bikes and racing events.
What challenges does the Motorcycle Chains Industry face during its growth?
- The motorcycle industry faces significant growth challenges due to the volatile pricing of raw materials, particularly motorcycle chains.
- Motorcycle chains are essential components of motorcycles, primarily manufactured from materials such as aluminum, steel, and alloys like stainless steel. The price volatility of these raw materials poses challenges for both manufacturers and consumers. Fluctuations in the prices of steel and aluminum, key materials in motorcycle chain production, have significantly impacted the industry in recent years. The last five years have seen a sharp rise in the prices of these materials due to geopolitical tensions, supply chain disruptions, and increased demand for motorcycles.
- These price increases lead to higher production costs for chain manufacturers, potentially resulting in increased prices for consumers and reduced market demand. It is crucial for industry players to closely monitor and manage the cost of raw materials to maintain profitability and competitiveness in the market.
Exclusive Customer Landscape
The motorcycle chains market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the motorcycle chains market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, motorcycle chains market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Daido Steel Co. Ltd. - DID, a subsidiary of DAIDO KOGYO Co. Ltd., delivers motorcycle chains, encompassing drive chains and timing chains, engineered for superior wear resistance, enhanced fatigue strength, unparalleled quietness, and robust impact toughness under its esteemed brand. These chains cater to the global market, ensuring optimal performance and durability for motorcycle manufacturers and riders alike.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Daido Steel Co. Ltd.
- ENUMA CHAIN MFG. CO. LTD.
- Hangzhou Qianjiang Chain Industries Co. Ltd.
- Hangzhou Unibear Holding Group Co. Ltd.
- Hengjiu Group
- IRIS CHAINS S.L.
- Jomthai Asahi Co. Ltd.
- L.G.Balakrishnan and Bros Ltd.
- Murugappa Group
- Pace Technologies
- Powersports Distribution Group B.V.
- Qingdao Choho Industrial Co. Ltd.
- Regina Catene Calibrate Spa
- Renthal Ltd.
- RK JAPAN Co. Ltd.
- Rockman Industries Ltd.
- Sunstar Suisse SA
- THAI MOTOR CHAIN CO. LTD
- Tsubakimoto Chain Co.
- Vortex Racing
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Motorcycle Chains Market
- In February 2025, DID Group, a leading motorcycle chain manufacturer, announced the launch of its new X-Ring chain, designed for high-performance motorcycles. This innovative product offers enhanced durability and reduced weight, making it an ideal choice for racing applications (DID Group Press Release, 2025). In May 2024, Renold Plc, a global engineering company, entered into a technological collaboration with Bosch Rexroth to develop smart motorcycle chains. These advanced chains will incorporate IoT sensors to monitor chain wear and tension, providing real-time data to riders and enabling predictive maintenance (Renold Plc Press Release, 2024). In October 2023, Gates Corporation acquired the motorcycle chain business of Bando Chemical Industries.
- This strategic acquisition expanded Gates' product portfolio and strengthened its presence in the Asian motorcycle market (Gates Corporation Press Release, 2023). In March 2022, Regina Chain, a leading motorcycle chain manufacturer, announced the opening of a new production facility in India. This expansion will enable the company to cater to the growing demand for motorcycle chains in the Indian market and strengthen its global supply chain (Regina Chain Press Release, 2022). According to Technavio's the market report, the market is expected to grow at a CAGR of over 5% during the forecast period, driven by factors such as increasing demand for high-performance motorcycles and the growing popularity of two-wheelers in emerging economies.
- (Technavio, 2022)
Research Analyst Overview
The market encompasses a diverse range of products designed to facilitate the transmission of power from the engine to the rear wheel. This market caters to various motorcycle segments, including performance motorcycles, touring bikes, off-road motorcycles, and cruisers. O-ring chains, a popular choice in the market, offer enhanced performance and durability by minimizing the loss of lubrication. Chain wear monitoring systems enable riders to maintain optimal chain condition, ensuring efficient power transfer and reducing the likelihood of costly repairs. Chain sprockets, an essential component of the chain drive system, undergo constant wear and require periodic replacement.
The market offers various chain lengths to cater to different motorcycle models and applications. Proper chain adjustment is crucial to ensure efficient power transfer and minimize wear on other drivetrain components. Sealed chains, a recent innovation, offer improved protection against contaminants, extending the chain's lifespan and reducing maintenance requirements. Stainless steel chains provide increased strength and durability, making them a popular choice for high-performance motorcycles. Chain tensioners facilitate the proper tensioning of the chain, ensuring optimal performance and reducing the need for frequent adjustments. Performance upgrades, such as high-strength chains, x-ring chains, and z-ring chains, cater to the demand for enhanced power delivery and improved fuel efficiency.
Motorcycle customization trends have led to an increased focus on chain drive components, with nickel-plated chains and gold chains offering aesthetic appeal. Chain lubrication systems and chain cleaning kits ensure the longevity of the chain and improve overall motorcycle performance. Chain maintenance kits, chain cleaning kits, and chain maintenance tools cater to the growing demand for DIY motorcycle maintenance. Touring chains, motocross chains, enduro chains, and cruisers chains each have unique requirements, making for a diverse product offering. Chain guides, chain rollers, and aftermarket parts cater to the demand for customization and performance upgrades. The market's evolution reflects the changing needs of motorcycle riders, with a focus on improved performance, durability, and ease of maintenance.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Motorcycle Chains Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
167 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.73% |
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Market growth 2024-2028 |
USD 1162.44 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.23 |
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Key countries |
US, China, India, Thailand, and Indonesia |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Motorcycle Chains Market Research and Growth Report?
- CAGR of the Motorcycle Chains industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the motorcycle chains market growth of industry companies
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