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Motorcycle Chain Sprocket Market: Growth Dynamics| by key vendors Regina Catene Calibrate Spa, Rockman Industries Ltd.

06-03-2019 04:56 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Motorcycle Chain Sprocket Market: Growth Dynamics| by key

Demand for motorcycle chain sprocket, in Asia Pacific, is expected to grow at a steady year-on-year rate of 5.3 percent, in 2019, as per a recently released market intelligence study by Future Market Insights (FMI). Motorcycle chain sprocket being the lightest transmission possible compared to gear mechanism, in addition to being highly cost-effective in terms of manufacturing versus gear trains, will significantly contribute to the sales of motorcycle chain sprocket, in the coming years.

Some of the key participants reported in this study on the Global Motorcycle Chain Sprocket Market are Regina Catene Calibrate Spa, Rockman Industries Ltd., RK JAPAN Co., Ltd., TIDC India, JT Sprockets, Hengjiu Group, Jomthai Asahi Co.,Ltd, Jiangxi Hengjiu Chain Transmission Co.,Ltd, Hangzhou Vision Chain Transmission Co., Ltd., Tsubakimoto Chain Co., L.G.Balakrishnan & Bros Ltd., among others.

Speak To Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-8178

Moreover, apart from ease of installations and servicing, lightweight feature of the chain sprockets will remain the most rewarding factor, thereby, increasing its installations in motorcycles. FMI forecasts that global motorcycle chain sprocket market revenues will reach approximately US$ 1.9 Billion, by 2019-end. The size of the market is based on estimates of the number of chain sprockets shipped, during the same time period.

“The global market for motorcycle chain sprocket continues to grow with increasing product and sales of motorcycle specifically in emerging markets, paradigm shift towards light weight vehicle components to control the automobile emission and increase the vehicle life, and flourishing aftermarket for motorcycle chain sprocket determined by factors, such as distance driven, number of vehicles in operation, and ownership time” Senior Analyst, FMI.

Electric Bikes and Tax on Luxury Items Continue to Strain Revenue

However, several government initiatives such as the introduction of electric bikes—aimed at controlling vehicular pollution, could substantially restrict the demand for conventional motorcycles, and thereby chain sprockets used in such vehicles. China, being one of the largest markets for two-wheelers is aggressively promoting electric bikes for transportation, considering its low cost, energy efficient, emission-free systems, and no license and registration.

Tax on luxury items has considerably increased in some markets of Asia Pacific, such as India. The Indian government has increased the tax to 31 percent on conventional motorcycles with engines greater than 350cc, which in turn could slow down the sales of luxury and heavy engine capacity conventional motorcycles. Furthermore, Singapore has adopted a new system of additional registration fees (ARF), which will add more costs to conventional motorcycles and therefore, render them expensive, leading to a decrease in the sales of conventional motorcycles and adversely affect the motorcycle chain sprockets market.
Competition to Remain Relatively High; Manufacturers Favor APEC Markets

The top 8 companies in the global motorcycle chain sprocket market are estimated to hold approximately 16-21 percent of the overall market in terms of value.

Tsubakimoto Chain Co., Regina Catene Calibrate Spa, Jomthai Asahi Co.,Ltd, L.G.Balakrishnan & Bros Ltd., and Rockman Industries Ltd. are some of the leading global and local manufacturers of motorcycle chain sprockets.

While the tier-1 and tier-2 companies generate over US$ 50 Mn and between US$ 20 Mn to US$ 50 Mn through the sales of motorcycle chain sprocket, respectively, the tier-3 companies generate less than US$ 20 Mn, as per the report.

Focus remains on manufacturing low maintenance and high efficiency motorcycle chain sprocket to improve the overall functioning and life of drive chain.

Manufacturers are focusing on entering into long-term supply contracts with OEM of two wheelers in order to gain a strong hold in the domestic markets of APEC.

Apart from expanding its product portfolio, manufacturers of motorcycle chain sprockets are also focusing in expanding their production or sales capacities in developing regions.

FMI predicts heavy investments in research and development initiatives to bring innovation in the manufacturing processes to develop differentiated products.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8178

Regionally, developing regions are expected to remain highly lucrative for new market entrants given the easy availability of raw materials and minimal infrastructure requirements combined with lack of stringent government regulations, thereby creating a favorable investment environment.

Motorcycle Chain Sprocket Market Reports - Table of Contents

Global Motorcycle Chain Sprocket Market - Executive Summary

Global Motorcycle Chain Sprocket Market Overview

Introduction

Global Motorcycle Chain Sprocket Market Taxonomy

Global Motorcycle Chain Sprocket Market Definition

Global Motorcycle Chain Sprocket Market Size (US$ Mn & Volume) and Forecast, 2013-2027

Global Motorcycle Chain Sprocket Market Y-o-Y Growth

Global Motorcycle Chain Sprocket Market Dynamics

Supply Chain

Cost Structure

Pricing Analysis

Raw Material Sourcing Strategy and Analysis

Service Provider List

Key Participants Market Presence (Intensity Map) By Region

Global Motorcycle Chain Sprocket Market Analysis and Forecast 2013-2027

Global Motorcycle Chain Sprocket Market Size and Forecast By Motorcycle Type, 2013-2027

Standard Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Cruiser Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Sports Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Mopeds & Others Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Global Motorcycle Chain Sprocket Market Size and Forecast By Engine Capacity, 2013-2027

Upto 150 CC Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

151-300 CC Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

301-500 CC Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Above 500 CC Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Global Motorcycle Chain Sprocket Market Size and Forecast By Chain Type, 2013-2027

Standard Rolling Chain Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

O Ring Chain Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

X Ring Chain Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Global Motorcycle Chain Sprocket Market Size and Forecast By Sales Channel, 2013-2027

OEM Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Aftermarket Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

North America Motorcycle Chain Sprocket Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Country

Revenue (US$ Mn) & Volume Comparison, By Motorcycle Type

Revenue (US$ Mn) & Volume Comparison, By Engine Capacity

Revenue (US$ Mn) & Volume Comparison, By Chain Type

Revenue (US$ Mn) & Volume Comparison, By Sales Channel

Get More Information @ https://www.futuremarketinsights.com/reports/motorcycle-chain-sprocket-market

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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