Market Overview:
The global chain drive systems market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for chain drive systems from host equipment manufacturers and aftermarket applications. On the basis of type, the global chain drive systems market has been segmented into vehicle chain system, agricultural machinery chain system, and industrial equipment chain system. The vehicle chain system segment is expected to account for a major share of the global market in 2018. This can be attributed to its growing demand from passenger cars and commercial vehicles segments across regions. However, the agricultural machinery chainsystem segment is projected to exhibit highest CAGR over the forecast period owingto rising adoption of mechanization in agriculture sector across emerging economies such as Indiaand China .
Product Definition:
Chain drive systems are a type of transmission that uses chains to transmit power from one component to another. This type of transmission is often used in vehicles, where it can be used to transfer power from the engine to the wheels. Chain drive systems are also commonly found in industrial applications, where they can be used to power machines or other equipment.
Vehicle Chain System:
The vehicle chain system is a device that links several chains or drives together to transmit power from one drive to another. It can be used in electric vehicles, scooters, motorcycles and bicycles. The growth factor for the market is increasing demand for electric vehicles which are powered by batteries and have no direct fuel supply.
Agricultural Machinery Chain System:
The agricultural machinery chain system is a type of drive train that is used in tractors and other farm equipment. It includes primary and secondary chains, which are connected by linkages or chainsaws. The whole chain system works as an internal combustion engine that uses energy from the ground to move the equipment forward & backward & rotationally via gearbox & clutch.
Application Insights:
The market is segmented by application into host equipment manufacturers, aftermarket and others. In 2017, the aftermarket segment dominated the global chain drive systems market with a revenue share of over 60%. Chain driven machinery has several applications in industries such as agriculture, construction and mining. The growth of these industries can be attributed to increasing automation which requires large number of chain driven machines for processing materials efficiently. This trend is expected to continue over the forecast period driving demand from both new as well as replacement markets.
In recent years there has been an increase in demand for agricultural machinery across developing countries due to increased production levels coupled with rising consumer disposable income levels resulting in growing spending capacity on food & agricultural products among other commodities globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing production and sales of chain drive systems in China, India, Japan, and South Korea. In 2017, Asia Pacific accounted for a share of more than 30% in terms of revenue owing to high demand from end-use industries such as automotive and industrial machinery.
The presence of major automobile manufacturers including Toyota Industries Corporation; Honda Motor Co., Ltd.; Suzuki Motor Corporation; Hyundai Mobis; Isuzu Motors Ltd.; Tata Motors Limited; Dongfeng Motor Corp.; Changan Automobile Group Co., Ltd.; Geely Automobile Holdings Limited; Bajaj Auto limited (BALANCE); Mahindra & Mahindra Limited (M&M); Royal Enfield Financial Services Pvt. Ltd.; TVS Electric Vehicles Manufacturing Company Pvt. Ltd.; etc.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of urbanization
- Rising disposable income of consumers
- Proliferation of online retailing
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Chain Drive Systems Market Research Report
By Type
Vehicle Chain System, Agricultural Machinery Chain System, Industrial Equipment Chain System
By Application
Host Equipment Manufacturers, Aftermarket
By Companies
Tsubakimoto Chain Co., Borgwarner, IWIS Group, DID, CHOHO, DongHua Chain, KMC Chain Industrial, Regal Beloit, Renold, Rexnord, SKF, The Timken Company, Rambo Chain, Brammer, John Kings Chains, Diamond Chain Company, Inc., Kraftmek, Ramsey Products Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Chain Drive Systems Market Report Segments:
The global Chain Drive Systems market is segmented on the basis of:
Types
Vehicle Chain System, Agricultural Machinery Chain System, Industrial Equipment Chain System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Host Equipment Manufacturers, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tsubakimoto Chain Co.
- Borgwarner
- IWIS Group
- DID
- CHOHO
- DongHua Chain
- KMC Chain Industrial
- Regal Beloit
- Renold
- Rexnord
- SKF
- The Timken Company
- Rambo Chain
- Brammer
- John Kings Chains
- Diamond Chain Company, Inc.
- Kraftmek
- Ramsey Products Corporation
Highlights of The Chain Drive Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vehicle Chain System
- Agricultural Machinery Chain System
- Industrial Equipment Chain System
- By Application:
- Host Equipment Manufacturers
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chain Drive Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chain drive systems are a type of transmission that use chains to transfer power from the engine to the wheels. This system is typically more efficient than other types of transmissions, and it is also easier to repair.
Some of the major companies in the chain drive systems market are Tsubakimoto Chain Co., Borgwarner, IWIS Group, DID, CHOHO, DongHua Chain, KMC Chain Industrial, Regal Beloit, Renold, Rexnord, SKF, The Timken Company, Rambo Chain, Brammer, John Kings Chains, Diamond Chain Company, Inc., Kraftmek, Ramsey Products Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chain Drive Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chain Drive Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chain Drive Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chain Drive Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chain Drive Systems Market Size & Forecast, 2018-2028
4.5.1 Chain Drive Systems Market Size and Y-o-Y Growth
4.5.2 Chain Drive Systems Market Absolute $ Opportunity
Chapter 5 Global Chain Drive Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chain Drive Systems Market Size Forecast by Type
5.2.1 Vehicle Chain System
5.2.2 Agricultural Machinery Chain System
5.2.3 Industrial Equipment Chain System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chain Drive Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chain Drive Systems Market Size Forecast by Applications
6.2.1 Host Equipment Manufacturers
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chain Drive Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chain Drive Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chain Drive Systems Analysis and Forecast
9.1 Introduction
9.2 North America Chain Drive Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chain Drive Systems Market Size Forecast by Type
9.6.1 Vehicle Chain System
9.6.2 Agricultural Machinery Chain System
9.6.3 Industrial Equipment Chain System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chain Drive Systems Market Size Forecast by Applications
9.10.1 Host Equipment Manufacturers
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chain Drive Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Chain Drive Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chain Drive Systems Market Size Forecast by Type
10.6.1 Vehicle Chain System
10.6.2 Agricultural Machinery Chain System
10.6.3 Industrial Equipment Chain System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chain Drive Systems Market Size Forecast by Applications
10.10.1 Host Equipment Manufacturers
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chain Drive Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chain Drive Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chain Drive Systems Market Size Forecast by Type
11.6.1 Vehicle Chain System
11.6.2 Agricultural Machinery Chain System
11.6.3 Industrial Equipment Chain System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chain Drive Systems Market Size Forecast by Applications
11.10.1 Host Equipment Manufacturers
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chain Drive Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Chain Drive Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chain Drive Systems Market Size Forecast by Type
12.6.1 Vehicle Chain System
12.6.2 Agricultural Machinery Chain System
12.6.3 Industrial Equipment Chain System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chain Drive Systems Market Size Forecast by Applications
12.10.1 Host Equipment Manufacturers
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chain Drive Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chain Drive Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chain Drive Systems Market Size Forecast by Type
13.6.1 Vehicle Chain System
13.6.2 Agricultural Machinery Chain System
13.6.3 Industrial Equipment Chain System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chain Drive Systems Market Size Forecast by Applications
13.10.1 Host Equipment Manufacturers
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chain Drive Systems Market: Competitive Dashboard
14.2 Global Chain Drive Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tsubakimoto Chain Co.
14.3.2 Borgwarner
14.3.3 IWIS Group
14.3.4 DID
14.3.5 CHOHO
14.3.6 DongHua Chain
14.3.7 KMC Chain Industrial
14.3.8 Regal Beloit
14.3.9 Renold
14.3.10 Rexnord
14.3.11 SKF
14.3.12 The Timken Company
14.3.13 Rambo Chain
14.3.14 Brammer
14.3.15 John Kings Chains
14.3.16 Diamond Chain Company, Inc.
14.3.17 Kraftmek
14.3.18 Ramsey Products Corporation
