Motorcycle Chain Sprocket Market 2022 : Size, Share, Comprehensive Industry and Vendor Landscape 2030 – SMU Daily Mustang

2022-05-14 23:51:15 By : Ms. Jasmine Liang

New York, United States – Global Motorcycle Chain Sprocket Market Size study, by Motorcycle Type (Standard, Cruiser, Sports, Mopeds and Others) by Engine Capacity (Up to 150 CC, 151-300 CC, 301-500 CC, above 500 CC) by Chain Type (Standard Rolling Chain, O Ring Chain, X Ring Chain) by Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) and Regional Forecasts 2022-2030

Global Motorcycle Chain Sprocket Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.

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Motorcycle Chain Sprocket is a type of power transmission which carries large number of tooths on its circumference. Sprocket is connected with the engine crankshaft with the help of a chain. Chain Sprocket is used for power transmission in motorcycles as well as bicycles. Growing sales of motorbikes and rising disposable income are key drivers for the growth of Motorcycle Chain Sprocket market. For instance, according to nextrends Asia.org, as of 2021, Taiwan is one of the world’s major manufacturers of motorbikes. Taiwan has a density of 389 motorcycles per square km also, in the year 2020, Taiwan manufactured around 943,303 units in 2020. In 2016, Taiwanese sales of e-scooters were estimated at 20,000 units, the sales of e-scooters reached to 150,000 units in 2019. Also, as per global database management company Statista- In 2020, the revenue of the global motorcycle industry estimated at USD 117 billion and by the year 2025 it is anticipated to reach to around USD 160 billion.

Also, with the increasing urbanization in emerging economies and growing demand for lightweight vehicle components, the adoption & demand for Motorcycle Chain Sprocket is likely to increase the market growth during the forecast period. However, frequent maintenance requirement of Motorcycle Chain Sprocket and supply chain disruption owing to covid 19 pandemic impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Motorcycle Chain Sprocket Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing technological advancements in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2028. Factors such increasing as demand for two wheelers and rising disposable income would create lucrative growth prospects for the Motorcycle Chain Sprocket market across Asia-Pacific region.

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Major market player included in this report are: Tsubakimoto Chain Co. Rockman Industries Ltd. Regina Catene Calibrate Spa L.G.Balakrishnan & Bros Ltd Jomthai Asahi Co.,Ltd Hengjiu Group JT Sprockets TIDC India RK JAPAN Co., Ltd. Jiangxi Hengjiu Chain Transmission Co.,Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Motorcycle Type: Standard Cruiser Sports Mopeds and Others

By Engine Capacity: Up to 150 CC 151-300 CC 301-500 CC Above 500 CC

By Chain Type: Standard Rolling Chain O Ring Chain X Ring Chain

By Sales Channel: Original Equipment Manufacturer (OEM) Aftermarket

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By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE

Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020 Base year – 2021 Forecast period – 2022 to 2028

Target Audience of the Global Motorcycle Chain Sprocket Market in Market Study:

Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors

Tsubakimoto Chain Co. Rockman Industries Ltd. Regina Catene Calibrate Spa L.G.Balakrishnan & Bros Ltd Jomthai Asahi Co.,Ltd Hengjiu Group JT Sprockets TIDC India RK JAPAN Co., Ltd. Jiangxi Hengjiu Chain Transmission Co.,Ltd

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What aspects regarding the regional analysis Market are included in this report?

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