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The motorcycle drivetrain market is expected to show good growth over the forecast period amid the rising production of motorcycles globally. The growing inclination of consumers towards electric vehicles across the globe, owing to rising emission levels, is also one of the factors that are expected to drive the motorcycle drivetrain market. The automotive drivetrain consists of various components that transfer the power to the driving wheel of the vehicle. The engine’s power is transferred to the driving wheel with the help of a chain, belt, or shaft drive. Growing demand for lightweight drivetrains to improve fuel efficiency is also another factor which is anticipated to drive the motorcycle drivetrain market. Key manufacturers are hence, focusing on producing drivetrain, which is light in weight and enhances the performance of the vehicle.
Key Market Driver -
Increasing demand for motorcycle in developing countries is expected to drive the market during the forecast period.
Key Market Restraint -
Fluctuating raw material prices is major restraint for drivetrain market over the forecast period.
Some of the major companies that are present in the motorcycle drivetrain market include American Axle & Manufacturing Inc., ZF Friedrichshafen AG, GKN PLC, Borgwarner Inc., Showa Corporation, Schaeffler Group, Magna International Inc., Aisin Seki Co. Ltd., Dana Incorporated, and JTEKT Corporation among the other players.
The global automotive drivetrain is segmented into fuel type, propulsion type, transmission type, and geography. By fuel type motorcycle drivetrain is segmented into petrol, electric, and others. The petrol type segment holds the largest market share and is expected to decline amid rising emission levels globally. The governing bodies across the globe have imposed stringent norms to curb the emissions caused by conventional vehicles. Key OEMs are focusing on manufacturing electric and hybrid motorcycles to which are fuel-efficient and adhere to emission norms. The electric-type segment is anticipated to hold the second-largest position in the market amid the growing inclination of consumers towards eco-friendly vehicles. The increasing availability of charging infrastructure is another factor that is anticipated to maintain the second-largest position of electric type segment over the forecast period. By propulsion type, the motorcycle drivetrain market is segmented into chain drive, belt drive, and shaft drive. The chain drive is expected to dominate the market over the forecast period. The chain drive is commonly used in motorcycles as they are highly efficient in high power vehicles and have more strength compared to other drives. Chain drives quickly help to adjust gearing as per the users' requirement. The belt drive segment is expected to hold the second-largest position in the market; it offers smooth transmission and is noiseless compared to the chain drive. By transmission type, the motorcycle drivetrain market is segmented into the manual transmission, automatic-manual transmission, and automatic transmission. Manual transmission is expected to hold the largest market share in the motorcycle drivetrain market. Manual transmission is fuel-efficient compared to AMT and AT, it also allows the user to select lower gear as per the requirement. This, in turn, proves beneficial at the time of overtaking a vehicle. AMT is anticipated to hold the second-largest position in the market amid ease of use of both types of transmission, especially at the time of heavy traffic.
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Geographically, the motorcycle drivetrain market is segmented into North America, Europe Asia Pacific, and the rest of the world. Asia Pacific is anticipated to dominate the market over the forecast period. Increasing sales and production of motorcycles in this region is expected to maintain dominance over the forecast period. Europe is expected to hold the second-largest position in the market. Stringent emission norms imposed by the government in this region is projected to maintain its position during the forecast period. North America is anticipated to show good growth in the motorcycle drivetrain market amid the growing inclination of consumers towards fuel-efficient and eco-friendly vehicles.
By Fuel Type
By Propulsion Type
By Transmission Type
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