Market Overview:
The global industrial chain drives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial chain drives in various applications such as automotive, industrial machinery, agriculture, and others. Additionally, the growing demand for conveyor chains in various industries is also propelling the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations may hamper the growth of this market during the forecast period. Based on type, transmission chains held a major share of the global industrial chain drives market in 2017 and are expected to maintain their dominance during the forecast period. This can be attributed to their high efficiency and durability compared with other types of chains available in this market.
Product Definition:
An industrial chain drive is a type of transmission that uses a chain and sprockets to transmit power from one shaft to another. They are often used in applications where large amounts of power need to be transmitted over long distances. Industrial chain drives are important because they can provide a high level of torque while being relatively inexpensive and easy to maintain.
Transmission Chain:
Transmission chain is a process in which information or data is passed on from one link to another link in an unbroken sequence. The term “transmission chain” was first used by the British railway industry and later adopted by other industries as well. In the automotive industry, transmission chains are referred to as drive trains because they transmit power from the engine to the wheels.
In industrial chains, there are two types of links namely input and output links.
Silent Chain:
Silent chain is a term used to define a series of connected machines or equipment that produces no noise, vibration or other operational sounds. It can be used in various applications such as material handling, packaging and palletizing among others. The key benefit of using silent chain is that it reduces the overall energy consumption and operating costs by lowering the sound levels produced by the system.
The global industrial chain drives market size was valued at USD 2,37 billion in 2016.
Application Insights:
The automotive segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The global automotive industry is witnessing significant growth owing to increasing consumer disposable income, especially in emerging countries including China, India and Brazil. Moreover, governments are promoting investments through tax rebates and interest subsidies which are expected to increase overall spending on vehicles thereby propelling demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization, which has led to an increase in product demand across various industries. China is one of the largest markets for drives owing to factors such as low raw material cost, high labor cost, and a large manufacturing base.
The European market was valued at USD X million in 2017 and is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to increasing R&D activities by major companies operating within the region along with rising adoption of automation technology across several sectors including automotive industry.
In North America countries such as U S A are experiencing strong economic growth dueS to technological advancements leading to increased sales volume for vehicles manufactured by prominent players including Tesla Motors Inc.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing demand for energy-efficient and low-emission industrial chain drives
- Rising popularity of servo drives in industrial applications
- Proliferation of Industry 4.0 and the Internet of Things (IoT) across manufacturing sectors
- Growing investments in research and development (R&D) for advanced industrial chain drive technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Chain Drives Market Research Report
By Type
Transmission Chain, Silent Chain, Leaf Chain, Roller Chain, Others, Conveyor Chain
By Application
Automotive, Industrial Machinery, Agriculture, Others
By Companies
Regal Beloit, Renold, Rexnord, SKF, The Timken Company, TSUBAKIMOTO CHAIN
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Chain Drives Market Report Segments:
The global Industrial Chain Drives market is segmented on the basis of:
Types
Transmission Chain, Silent Chain, Leaf Chain, Roller Chain, Others, Conveyor Chain
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
Automotive, Industrial Machinery, 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:
- Regal Beloit
- Renold
- Rexnord
- SKF
- The Timken Company
- TSUBAKIMOTO CHAIN
Highlights of The Industrial Chain Drives 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:
- Transmission Chain
- Silent Chain
- Leaf Chain
- Roller Chain
- Others
- Conveyor Chain
- By Application:
- Automotive
- Industrial Machinery
- 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 Industrial Chain Drives 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.
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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?
Industrial Chain Drives are a business process that help companies move products from raw materials to finished goods. The industrial chain drives the flow of resources and information between different parts of the company, ensuring that products reach their intended consumers in an efficient and timely manner.
Some of the major players in the industrial chain drives market are Regal Beloit, Renold, Rexnord, SKF, The Timken Company, TSUBAKIMOTO CHAIN.
The industrial chain drives market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Chain Drives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Chain Drives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Chain Drives Market - Supply Chain
4.5. Global Industrial Chain Drives Market Forecast
4.5.1. Industrial Chain Drives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Chain Drives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Chain Drives Market Absolute $ Opportunity
5. Global Industrial Chain Drives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Chain Drives Market Size and Volume Forecast by Type
5.3.1. Transmission Chain
5.3.2. Silent Chain
5.3.3. Leaf Chain
5.3.4. Roller Chain
5.3.5. Others
5.3.6. Conveyor Chain
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Chain Drives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Chain Drives Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial Machinery
6.3.3. Agriculture
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Chain Drives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Chain Drives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Chain Drives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Chain Drives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Chain Drives Demand Share Forecast, 2019-2029
9. North America Industrial Chain Drives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Chain Drives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Chain Drives Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial Machinery
9.4.3. Agriculture
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Chain Drives Market Size and Volume Forecast by Type
9.7.1. Transmission Chain
9.7.2. Silent Chain
9.7.3. Leaf Chain
9.7.4. Roller Chain
9.7.5. Others
9.7.6. Conveyor Chain
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Chain Drives Demand Share Forecast, 2019-2029
10. Latin America Industrial Chain Drives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Chain Drives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Chain Drives Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial Machinery
10.4.3. Agriculture
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Chain Drives Market Size and Volume Forecast by Type
10.7.1. Transmission Chain
10.7.2. Silent Chain
10.7.3. Leaf Chain
10.7.4. Roller Chain
10.7.5. Others
10.7.6. Conveyor Chain
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Chain Drives Demand Share Forecast, 2019-2029
11. Europe Industrial Chain Drives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Chain Drives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Chain Drives Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial Machinery
11.4.3. Agriculture
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Chain Drives Market Size and Volume Forecast by Type
11.7.1. Transmission Chain
11.7.2. Silent Chain
11.7.3. Leaf Chain
11.7.4. Rollr Chain
11.7.5. Others
11.7.6. Conveyor Chain
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Chain Drives Demand Share, 2019-2029
12. Asia Pacific Industrial Chain Drives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Chain Drives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Chain Drives Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial Machinery
12.4.3. Agriculture
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Chain Drives Market Size and Volume Forecast by Type
12.7.1. Transmission Chain
12.7.2. Silent Chain
12.7.3. Leaf Chain
12.7.4. Roller Chain
12.7.5. Others
12.7.6. Conveyor Chain
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Chain Drives Demand Share, 2019-2029
13. Middle East & Africa Industrial Chain Drives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Chain Drives Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Chain Drives Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial Machinery
13.4.3. Agriculture
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Chain Drives Market Size and Volume Forecast by Type
13.7.1. Transmission Chain
13.7.2. Silent Chain
13.7.3. Leaf Chain
13.7.4. Roller Chain
13.7.5. Others
13.7.6. Conveyor Chain
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Chain Drives Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Chain Drives Market: Market Share Analysis
14.2. Industrial Chain Drives Distributors and Customers
14.3. Industrial Chain Drives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Regal Beloit
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Renold
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rexnord
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SKF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Timken Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TSUBAKIMOTO CHAIN
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook