Market Overview:
The global transmission chains market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial and agricultural equipment, rising urbanization, and growing automotive industry. Based on type, the global transmission chains market is segmented into single row drive chains, double rows drive chains, and others. Single row drive chains are expected to dominate the market during the forecast period owing to their high efficiency and durability. Based on application, the global transmission chains market is segmented into industrial equipment, motorcycles, agriculture equipment, and others. Industrial equipment is expected to account for a major share of the global transmission chain market during the forecast period owing to rising demand for industrial machinery in developing countries such as China and India.
Product Definition:
A transmission chain is a group of connected gears that transmit power from one shaft to another. The importance of transmission chains is that they can increase or decrease the amount of power being transmitted, which can be useful for powering machines or vehicles.
Single Row Drive Chains:
Single Row Drive (SRD) chains are used in the power transmission industry to transmit the power from one shaft to another. The single row drive chain has only one drive sprocket and it is fixed on a single driven wheel. It offers better fuel economy, reduces engine speed, and helps in saving fuel as compared to double or triple row drives chains.
Double Rows Drive Chains:
Double rows drive chains are used in transmission chains to transmit the power from one shaft to another. The first row of teeth is engaged with a sprocket and the second row of teeth with another sprocket. As there are two rows of teeth, it allows smooth driving without any interruption or loss of power due to gear mesh. It also helps in improving fuel efficiency as less energy is lost due to internal friction caused by gear mesh.
Application Insights:
The global transmission chains market is segmented by application into three categories, namely industrial, motorcycle and agriculture. The industrial segment dominated the overall market in terms of revenue in 2017. This can be attributed to the rising demand for power steering and four-wheel drive systems among various industries such as mining, construction and automotive. Moreover, increasing use of chain drives in heavy machinery has also been driving the demand for chains across this sector over recent years.
The motorcyclist category is expected to witness significant growth over the forecast period owing to increased production of motorcycles globally coupled with high consumer disposable income levels in developing countries such as India and China. Furthermore, favorable government regulations on road safety are also likely to have a positive impact on industry growth during this period.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of Asia Pacific transmission chains market can be attributed to increasing automotive production in countries, such as India, Indonesia, Thailand and China. Furthermore, rising investments by companies including Volkswagen Group; Honda Motor Co., Ltd.; Toyota Industries Corporation; Hyundai Motor Company; Mahindra & Mahindra Limited are anticipated to fuel industry growth over the next eight years.
Europe accounted for a significant revenue share in 2017 owing to high demand from application industries coupled with stringent government regulations regarding energy consumption per vehicle. Moreover, growing R&D activities by key players are likely to boost product demand across this region during the forecast period.
Growth Factors:
- Increasing demand for automobiles and motorcycles in developing countries is expected to drive the growth of transmission chains market.
- Rising disposable income of consumers is also anticipated to fuel the demand for transmission chains market during the forecast period.
- Growing popularity of automatic transmissions in passenger cars is projected to boost the growth of this market over the next few years.
- Proliferation of online retail channels is providing a major impetus to this market’s growth prospects worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Transmission Chains Market Research Report
By Type
Single Row Drive Chains, Double Rows Drive Chains, Others
By Application
Industrial, Motorcycle, Agriculture, Others
By Companies
CHALLENGE, Daido Kogyo, Donghua, Hangzhou Shinelink Machinery, Hengjiu Group, iwis group, Ketten Wulf, Regina, Renold, Rexnord, Senqcia, SKF, Suzhou Universal Group, Timken, Tsubaki, W.M. BERG, Wantai chain, Zhejiang Hengjiu, Zhuji Chain General Factory
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Transmission Chains Market Report Segments:
The global Transmission Chains market is segmented on the basis of:
Types
Single Row Drive Chains, Double Rows Drive Chains, Others
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
Industrial, Motorcycle, Agriculture, Others
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:
- CHALLENGE
- Daido Kogyo
- Donghua
- Hangzhou Shinelink Machinery
- Hengjiu Group
- iwis group
- Ketten Wulf
- Regina
- Renold
- Rexnord
- Senqcia
- SKF
- Suzhou Universal Group
- Timken
- Tsubaki
- W.M. BERG
- Wantai chain
- Zhejiang Hengjiu
- Zhuji Chain General Factory
Highlights of The Transmission Chains 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:
- Single Row Drive Chains
- Double Rows Drive Chains
- Others
- By Application:
- Industrial
- Motorcycle
- Agriculture
- Others
- 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 Transmission Chains 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
A transmission chain is a series of gears or shafts that allow a machine to move from one point to another. The chain typically has several links, each with its own gear, and it can be turned by a motor or other power source.
Some of the major players in the transmission chains market are CHALLENGE, Daido Kogyo, Donghua, Hangzhou Shinelink Machinery, Hengjiu Group, iwis group, Ketten Wulf, Regina, Renold, Rexnord, Senqcia, SKF, Suzhou Universal Group, Timken, Tsubaki, W.M. BERG, Wantai chain, Zhejiang Hengjiu, Zhuji Chain General Factory.
The transmission chains market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transmission Chains 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 Transmission Chains Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transmission Chains 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 Transmission Chains 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 Transmission Chains Market Size & Forecast, 2018-2028
4.5.1 Transmission Chains Market Size and Y-o-Y Growth
4.5.2 Transmission Chains Market Absolute $ Opportunity
Chapter 5 Global Transmission Chains 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 Transmission Chains Market Size Forecast by Type
5.2.1 Single Row Drive Chains
5.2.2 Double Rows Drive Chains
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Transmission Chains 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 Transmission Chains Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Motorcycle
6.2.3 Agriculture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transmission Chains 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 Transmission Chains 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 Transmission Chains Analysis and Forecast
9.1 Introduction
9.2 North America Transmission Chains 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 Transmission Chains Market Size Forecast by Type
9.6.1 Single Row Drive Chains
9.6.2 Double Rows Drive Chains
9.6.3 Others
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 Transmission Chains Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Motorcycle
9.10.3 Agriculture
9.10.4 Others
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 Transmission Chains Analysis and Forecast
10.1 Introduction
10.2 Europe Transmission Chains 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 Transmission Chains Market Size Forecast by Type
10.6.1 Single Row Drive Chains
10.6.2 Double Rows Drive Chains
10.6.3 Others
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 Transmission Chains Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Motorcycle
10.10.3 Agriculture
10.10.4 Others
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 Transmission Chains Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Transmission Chains 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 Transmission Chains Market Size Forecast by Type
11.6.1 Single Row Drive Chains
11.6.2 Double Rows Drive Chains
11.6.3 Others
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 Transmission Chains Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Motorcycle
11.10.3 Agriculture
11.10.4 Others
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 Transmission Chains Analysis and Forecast
12.1 Introduction
12.2 Latin America Transmission Chains 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 Transmission Chains Market Size Forecast by Type
12.6.1 Single Row Drive Chains
12.6.2 Double Rows Drive Chains
12.6.3 Others
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 Transmission Chains Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Motorcycle
12.10.3 Agriculture
12.10.4 Others
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) Transmission Chains Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Transmission Chains 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) Transmission Chains Market Size Forecast by Type
13.6.1 Single Row Drive Chains
13.6.2 Double Rows Drive Chains
13.6.3 Others
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) Transmission Chains Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Motorcycle
13.10.3 Agriculture
13.10.4 Others
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 Transmission Chains Market: Competitive Dashboard
14.2 Global Transmission Chains Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CHALLENGE
14.3.2 Daido Kogyo
14.3.3 Donghua
14.3.4 Hangzhou Shinelink Machinery
14.3.5 Hengjiu Group
14.3.6 iwis group
14.3.7 Ketten Wulf
14.3.8 Regina
14.3.9 Renold
14.3.10 Rexnord
14.3.11 Senqcia
14.3.12 SKF
14.3.13 Suzhou Universal Group
14.3.14 Timken
14.3.15 Tsubaki
14.3.16 W.M. BERG
14.3.17 Wantai chain
14.3.18 Zhejiang Hengjiu
14.3.19 Zhuji Chain General Factory
