According to the UnivDatos, the increasing global production of two-wheelers and aftermarket demand for sprocket replacements are the major factors driving the growth of the Automotive Sprocket market worldwide. As per their Automotive Sprocket Market report, the global market was valued at USD 2,443.14 million in 2024, growing at a CAGR of about 5.1% during the forecast period from 2025 - 2033 to reach USD million by 2033.

An automotive sprocket is a wheel with teeth or cogs that interconnect with a chain or a timing belt to enable the transmission of rotary motion in automobiles. It is very useful in transmitting power, especially in the timing belt of a vehicle’s engine, and also in the drive shaft of motorcycles and four-wheelers. In two-wheelers, sprockets are crucial in the last stage of the transmission, where power from the engine is delivered to the rear wheel through the chain system. These are produced using high tensile material such as steel or alloy, and their design is aimed at withstanding high stress, wear, and tough operating environments.

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The automotive sprocket market is set to show a growth rate of about 5.1% during the forecast period (2025-2033F). The automotive sprocket market is rising with significant growth in the production of two-wheelers and internal combustion engines all over the world, especially in the regions of India and Southeast Asia. The growth of per capita income, urbanization, and the need for energy-efficient personal transportation are contributing to the growth in the demand for two-wheelers. Additionally, the increasing number of vehicles and the replacement need for sprockets in the aftermarket segment are boosting market growth.

List of Top Companies in Automotive Sprockets Worldwide:

The global automotive sprockets market has several major players, including Tsubakimoto Chain Co., Schaeffler Group, Regal Rexnord Corporation, IWIS, and Hind Gear Industries. More information about these companies has been provided below:

Tsubakimoto Chain Co. manufactures and sells chains, motion control, mobility, and materials-handling systems components in Japan. Its power transmission products include drive chains, conveyor chains, plastic modular and block chain, sprockets, hose and cable carrier systems, timing belts and pulleys, reducers, locking devices, shaft couplings, linear actuators, clutches, electrical controllers, and mechanical protectors. The company’s mobility products are comprised of a timing chain system, endrive chain, one-way clutch, e-bike clutch, motorcycle clutch, zip chain actuator, and cableveyor. Its materials-handling systems include sorting and conveyance systems for the distribution industry, life science support equipment, newspaper handling systems, and automatic material handling systems for manufacturing factories.

Schaeffler AG, together with its subsidiaries, develops, manufactures, and sells components and systems for industrial applications in Europe, the Americas, China, and the Asia Pacific. The Automotive Technologies division offers mechanical, mechatronic, and electronic components and systems for powertrain electrification used in passenger cars and commercial vehicles, such as electric motors, axle transmissions, axle drives, power electronics, hybrid modules, electromechanical and hydraulic actuators, sprockets, and others.

Regal Rexnord Corporation provides sustainable solutions for power, transmission, and control motion products in North America, Asia, Europe, and internationally. It operates through the Industrial Powertrain Solutions, Automation and Motion Control, and Power Efficiency Solutions segments. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, sprockets, and other components for metals and mining, general industrial, energy, alternative energy, and automotive industry.

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Hind Gear is an Industrial Gearing Solutions Company that specializes in designing and manufacturing various types of gears, gearboxes, geared motors, sprockets, and racks using modern integrated manufacturing facilities. With over three decades of experience in the industry, the company offers a comprehensive range of products and services, including cutting-edge gear solutions for a wide range of applications and specialized gear reconditioning services. Moreover, the company manufactures, supplies, and exports a precision-based sprocket range, which includes chain and conveyor sprockets as well.

IWIS motor system GmbH & Co. KG develops and produces chain systems for the automotive industry. The company was founded in 1913 and is based in Munich, Germany. IWIS motor systeme GmbH & Co. KG operates as a subsidiary of Joh. Winklhofer Beteiligungs Gmbh & Co. Kg. The company offers a wide range of standard sprockets known for their robustness and durability. IWIS uses a variety of materials, such as steel, stainless steel, and aluminum, for manufacturing sprockets. The company also offers special coatings to further enhance the performance and longevity of its sprockets.

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