At what pace is the motorcycle chain sprocket market growing, and what is its estimated value?
The motorcycle chain sprocket market size has grown strongly in recent years. It will grow from $2.32 billion in 2024 to $2.52 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to rising government regulations, increasing infrastructure, and research and development activities, availability of motorcycle chain sprockets on online platforms, and focusing on enhancing the longevity and durability of their products.
The motorcycle chain sprocket market size is expected to see strong growth in the next few years. It will grow to $3.52 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to focus on cost-effective and durable packaging solutions, growing consumer awareness, adopting competitive pricing strategies, increasing urbanization, and shifting consumer preferences. Major trends in the forecast period include incorporating safety features into chain sprocket, integration of IoT technology in chain sprockets, hybrid chain systems, use of AI and machine learning, and adoption of blockchain technology.
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How have varous drivers impacted the growth of the motorcycle chain sprocket market?
The increasing demand for two-wheeled motor vehicles is expected to propel the growth of the motorcycle chain sprocket market going forward. A 2-wheeled motor vehicle, also known as a motorcycle or motorbike, is a motorized vehicle designed to travel on two wheels. The increasing demand for two-wheelers is rising due to affordability, fuel efficiency, ease of navigation in urban congestion, and flexibility in urban and rural settings. A motorcycle chain sprocket helps motor vehicles by efficiently transmitting power from the engine to the rear wheel, enabling motion and controlling speed through the interaction of the chain with the sprocket’s teeth. For instance, according to the Society Of Manufacturers Of Electric Vehicles, an India-based association representing Indian manufacturers of electric vehicles (EV), in 2021-2022, the number of electric two-wheeler sales was 2,52,641, which rose to 7,28,054 in 2022-2023. Therefore, the increasing demand for two-wheeled motor vehicles drives the motorcycle chain sprocket market growth.
What are the primary segments of the motorcycle chain sprocket market?
The motorcycle chain sprocket market covered in this report is segmented –
1) By Chain Type: Standard Rolling Chain, Ring Chain, X Ring Chain
2) By Engine Capacity: Up to 150 Cubic Capacity, 151-300 Cubic Capacity, 301-500 Cubic Capacity, Above 500 Cubic Capacity
3) By Motorcycle Type: Standard, Cruiser, Sports, Mopeds, Other Motorcycle Types
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Standard Rolling Chain: Single Strand Standard Rolling Chains, Multi-Strand Standard Rolling Chains, Heavy-Duty Standard Rolling Chains, Lightweight Standard Rolling Chains, Standard Rolling Chains For Street Motorcycles, Standard Rolling Chains For Off-Road Motorcycles, High-Tensile Standard Rolling Chains, Corrosion-Resistant Standard Rolling Chains
2) By Ring Chain: O-Ring Chains, Z-Ring Chains, X-Ring Chains, Sealed Ring Chains For High-Performance Motorcycles, Long-Life Ring Chains, Low-Maintenance Ring Chains, Ring Chains For Racing Motorcycles, Ring Chains For Touring Motorcycles
3) By X Ring Chain: Standard X-Ring Chains, Heavy-Duty X-Ring Chains, X-Ring Chains For Street Motorcycles, X-Ring Chains For Sport And Racing Motorcycles, High-Performance X-Ring Chains, Corrosion-Resistant X-Ring Chains, Low-Drag X-Ring Chains, X-Ring Chains For Off-Road And Adventure Motorcycles
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Which firms are leading the motorcycle chain sprocket market?
Major companies operating in the motorcycle chain sprocket market are TVS Motor Company, Tsubaki India Power Transmission Pvt. Ltd., Sunstar Group, Rockman Industries, Daido Kogyo Co Ltd., Renold International Holding Limited, Allied-Locke Industries Inc., KettenWulf Betriebs GmbH, Renthal Ltd., WM Berg Inc., Miche srl, Regina Catene Calibrate S.p.A, Dc Afam NV, Rk Japan Co. Ltd, Supersprox, Talon Engineering Limited, Vortex Racing, DIDChain, TIDC India, Zhejiang Hengjiu Machinery Group Co. Ltd., Rexnord Industries LLC, Bajrang Engineering Works, JT Sprockets, L.G.Balakrishnan & Bros Limited, Juelang Motorcycle Spare Parts Co. Ltd., Xinghua Donghua Gear Co.Ltd
How will industry trends affect the trajectory of the motorcycle chain sprocket market?
Major companies operating in the motorcycle chain sprocket market are focusing on introducing innovative, high-performance chain sprocket kits with advanced materials and precision engineering to enhance durability and efficiency. Sprocket kits refer to sets of sprockets designed for motorcycles, which include both the front and rear sprockets, often with a matching chain, ensuring optimal compatibility and performance. For instance, in December 2023, L. G. Balakrishnan & Bros Ltd., an India-based motor vehicle parts manufacturing company, launched the Rolon electric bike chain sprocket kit. The Rolon electric bike chain sprocket kit is India’s first comprehensive set of sprockets and chains, explicitly designed for electric motorcycles, ensuring optimal performance and durability.
Which geographic trends are shaping the motorcycle chain sprocket market, and which region has the highest market share?
Asia-Pacific was the largest region in the motorcycle chain sprocket market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the motorcycle chain sprocket market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Motorcycle Chain Sprocket Market Report 2025 Offer?
The motorcycle chain sprocket market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Motorcycle chain sprocket refers to a toothed wheel component, made of steel or aluminum, that engages with a chain to transmit power from the engine to the rear wheel of a motorcycle. A motorcycle chain sprocket’s durability and precise tooth design ensure efficient power transmission, essential for smooth acceleration and reliable performance on diverse road conditions.
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