Why the Motorcycle Drivetrain Market is set to explode? Top Companies: ZF Group, Magna International, American Axle & Manufacturing, Aisin Seki Co. Ltd, GKN PLC, JTEKT North America Corporation, Dana Incorporated, BorgWarner Inc, Schaeffler, Showa Corpora

The global motorcycle drivetrain market is expected to gain impetus from the increasing production of motorcycles across the world. This information is published by Fortune Business Insights(TM), in an upcoming report, titled, "Motorcycle Drivetrain Market Size, Share & Industry Analysis, By Fuel Type (Petrol, Electric, Others), By Propulsion Type (Chain Drive, Belt Drive, Shaft Drive), By Transmission Type (MT, AMT, AT) and Regional Forecast, 2019-2026." The report further mentions that on account of the high emission levels, consumers in various countries are rapidly shifting towards electric vehicles.

Besides, the need to enhance fuel-efficiency is resulting in the rising demand for lightweight drivetrains. Therefore, prominent manufacturers are focusing on developing drivetrains that are light in weight so that they would provide smooth performance. All these factors are expected to boost the motorcycle drivetrain market growth during the forecast period.

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Fortune Business Insights(TM) lists out some of the most renowned organizations present in the market. They are as follows:

ZF Group,
Magna International,
American Axle & Manufacturing,
Aisin Seki Co. Ltd,
GKN PLC,
JTEKT North America Corporation,
Dana Incorporated,
BorgWarner Inc,
Schaeffler,
Showa Corporation,

Highlights of the report

Elaborate details about the motorcycle drivetrain market trends, growth drivers, hindrance, opportunities, and challenges.
Extensive analysis of the competitive landscape consisting of innovative product launches, mergers and acquisitions, strategic partnerships, new agreements, and contracts.
A list of the most reputed companies operating in the market and their business strategies.
Information about the segments and the niche areas in the market.
Rising Government Norms to Curb Emission Will Drive Electric Segment

In terms of fuel type, the market is segregated into electric, petrol, and others. Amongst these, at present, the petrol segment holds the largest motorcycle drivetrain market share and is expected to showcase a reduction in growth during the forecast period. It would mainly occur because of the increasing emission levels around the world.

The governments of various countries are putting forward stringent rules to control emissions caused by conventional vehicles. Thus, the original equipment manufacturers (OEMs) are mainly focusing on producing hybrid and electric motorcycles to keep up to the emission regulations and improve fuel-efficiency. The electric segment, on the other hand, would grow significantly owing to the upsurging availability and demand for charging infrastructure. Apart from that, the consumers are gradually shifting towards eco-friendly vehicles.

Asia Pacific to Dominate Backed by Rising Production & Sales of Motorcycles

The market is geographically divided into Asia Pacific, Europe, North America, and the rest of the world. Out of these, Asia Pacific is projected to lead by acquiring the highest motorcycle drivetrain market revenue in the coming years. This growth is attributable to the rising production and sales of motorcycles in this region.

Europe is anticipated to follow the footsteps of Asia Pacific and remain in the second position during the forthcoming period. It is likely to occur as the governments of several countries in this region have implemented strict rules and regulations regarding emission control. Lastly, the market in North America is set to expand considerably, owing to the rising inclination of the consumers towards eco-friendly and fuel-efficient vehicles.

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Damon Motorcycles Launches Hypersport; Bharat Forge Acquires EV Startup Tork Motors

Key players operating in the market are focusing on launching innovative products and involving in mergers and acquisitions to gain a competitive edge and increase consumer bases. Below are two of the most recent industry developments:

January 2020: Damon Motorcycles, a disruptive automotive technology company, based in Vancouver, unveiled the world's safest, smartest, and most powerful electric motorcycle, Hypersport at the Consumer Electronics Show (CES) 2020. Hypersport is an electric superbike equipped with the company's state-of-the-art CoPilot warning system. It is powered by BlackBerry QNX technology that sets the latest standard in motorcycle connectivity, awareness, and safety for the next-generation motorcyclists.


June 2019: Bharat Forge, a Pune-based multinational company involved in marine and aerospace, locomotive, construction & mining, oil & gas, power, and automotive industries, declared that it has invested in Tork Motors, an electric drivetrain startup, headquartered in Pune. The former has taken the equity holding in Tork up to 48.86%. Other organizations in the auto industry have also invested huge sums in electric vehicle startups. While Hero MotoCorp, India's largest motorcycle and scooter manufacturer invested in Ather Energy, a Bengaluru-based startup, TVS Motors invested in another Bengaluru-based startup named Ultraviolette Automotive.

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