The transmission system in a vehicle is used for the proper speed control of the vehicle and for transferring the power produced by the engine to wheels. The growing population across the world is the main reason for the rising congestion on roads. This increases the commuting time between destinations, if travelled by passenger vehicles or public transport facilities. To avoid traffic congestion and to save commuting time, travelers are moving toward two-wheelers, which is the main reason for the increasing motorcycle sales in emerging countries like India, Vietnam, Indonesia, and China.
Technavio’s analysts forecast the global two-wheeler transmission system market to grow at a CAGR of 7.47% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global two-wheeler transmission system market for 2017-2021. To calculate the market size, the report considers the sales volume and excludes the aftermarkets and replacement that are negligible.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Two-Wheeler Transmission System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • F.C.C. • Hinson Clutch Components • Hyper Racing • Sigma Performance • SURFLEX • Yoyodyne
Market driver • Technological advancements in transmission system component manufacturing • For a full, detailed list, view our report
Market challenge • Increase in global steel prices • For a full, detailed list, view our report
Market trend • Development of hybrid motorcycles with semi-automatic transmissions • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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