14th September 2018 - Global Two-Wheeler Transmission Systems Market is expected to grow at the highest CAGR in the upcoming years. The transmission system in a vehicle is used to control its speed and transfer the power generated by the engine to wheels. Population explosion is the main reason for the increasing congestion on roads across the globe. As such, people end up spending more time travelling between the source and destination.
The factors that play an important role in the growth of the two-wheeler transmission systems market are increasing demand for light weight transmission systems, increased fuel efficiency & low emission levels with transmission systems, rising demand for high performance electric motorcycles in European region, high cost of advanced transmission systems, technological advancements in transmission systems, high adoption & maintenance cost, and variations in raw material prices.
The use of dual clutch transmission in motorcycles is one of the main reasons for the growth of two-wheeler transmission systems market. Asia Pacific, North America and Western Europe account for large market share in the upcoming years. Also, the major driver for growth of the market is development of hybrid motorcycles with semiautomatic transmission. With large investments to improve the comfort and safety of their vehicles, the manufacturers use dual cluth transmissions in low displacement motorcycles.
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The two-wheeler transmission systems market is widely analyzed on the basis of different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. Global two-wheeler transmission systems industry is segmented on the basis of product types, applications and geography. Based on product types, the market is segmented into 125CC, 150CC, 250CC and so on. Based on applications, the two-wheeler transmission systems market is segmented into motorcycle, scooter and so on.
Based on geography, the two-wheeler transmission systems market is segmented into North America (US, Mexico, Canada), Asia Pacific (Japan, New Zealand, China, India, Australia, and Rest of Asia Pacific), Europe (Germany, UK, Spain, France, Italy, and Rest of Europe), and Rest of the World (Middle East, South Africa, Brazil, Argentina, and Egypt)
Asia Pacific is expected to hold large shares in the market and is expected to grow at the highest CAGR in the next couple of years. The main reason of the growth of this region is attributed to rapidly increasing sales of semi-automatic motorcycles and rising manual transmission motorcycles in developing countries such as India and China.
Key players operating in the two-wheeler transmission systems market are EXEDY, Biperformance-Shift FX, Honda (Honda-DCT), Ricardo, Schaeffler, Hyper Racing, F.C.C., Hinson Clutch Components, Sigma Performance, Yoyodyne, and Surflex.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Two-Wheeler Transmission Systems in these regions, from 2013 to 2025 (forecast), covering
- United States
- South Korea
Global Two-Wheeler Transmission Systems market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Hinson Clutch Components
- Hyper Racing
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