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Motorcycle Chain Sprocket Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | TVS Motor Company, Tsubaki India Power Transmission Pvt. Ltd., Sunstar Group, Rockman Industries, Daido Kogyo Co Ltd., Renold International Holding
Motorcycle Chain Sprocket Market Trends
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Increasing Demand for Motor Vehicles Drives Growth in 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.
Innovative Sprocket Kits Enhance 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.
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
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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
Contents of the report:
1. Executive Summary
2. Motorcycle Chain Sprocket Market Report Structure
3. Motorcycle Chain Sprocket Market Trends And Strategies
4. Motorcycle Chain Sprocket Market - Macro Economic Scenario
5. Motorcycle Chain Sprocket Market Size And Growth
…..
27. Motorcycle Chain Sprocket Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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