The global chain drives market is likely to grow at a CAGR of 5.1% during the forecast period 2017–2022
Chain Drives Market – Report Insights
Chain drives are one of the most effective channels to transmit power over a distance. They involve the transmission of power through the use of chains, passing over a sprocket or a gear, with the latter’s teeth meshing with the holes in the links of the chains. These were traditionally used in the bicycle industry. They have evolved gradually and are now used in various applications related to power transmission in industrial machinery,automobiles, usage in bulk material transport, and deployment in escalators and theme parks.
Scope of the Report
The report “Global Chain Drives Market – Strategic Assessment and Forecast 2017¬–2022,†considers the present scenario of the global chain drives market and its strategic assessment for the period 2017–2022. It also includes a detailed study of growth drivers, trends, and restraints. The report also includes the leading five vendors in the market and other key vendors.
The report provides the analysis of the key segments of the market by type, end-user segment, geography, country, and vendors. It provides a detailed analysis of revenue from various segments:
By Type
1. Transmission Chains
• Roller chains
• Detachable chains
• Silent chains
• Leaf chains
• Others
2. Conveyor Chains
3. Sprockets and other parts
By End-user
1. Automotive
2. Agriculture
3. Industrial machinery
4. Escalators
5. Theme parks
6. Pulp and paper
7. Others
By Geography
1. APAC
2. EMEA
3. Latin America
4. North America
By Country
1. Canada
2. China
3. Germany
4. Japan
5. MEA
6. UK
7. US
Chain Drives Market – Market Size and Dynamics
Analysts at Beige Market Intelligence expect that the global chain drives market to grow at an impressive CAGR of 5.1% during the forecast period. Increased demand for chain drives, especially in the automotive, heavy duty power tools, and theme parks sectors is playing a key role in the growth of the market. A well-connected distribution network of major vendors and the rise in e-commerce are enabling easy and cheap availability of a wide range of accessories and components of chain drives. The conveyor chain segment constitutes the largest market share in the global chain drives market, followed by the transmission chain segment. The automotive and industrial machinery sectors are key end-user segments in the market with revenue share of more than 50%.
Chain Drives Market – Drivers, Trends, and Challenges
The report includes a detailed study of emerging trends, factors driving the growth, and expected challenges of the market during the period 2017–2022. Strategic shift of locations in the global automobile manufacturing landscape is one of the emerging trends in the market. There has been a strategic shift in the global automotive manufacturing landscape, where the traditional market leaders such as the US, South Korea, and Japan gradually are being overtaken by emerging countries such as Mexico, India, China, Thailand, and Indonesia. Hence, the shift in location of automobile manufacturers has resulted in the expansion and shifting of the chain drives manufacturers as well as component suppliers. Portfolio diversification and strategic partnership distribution among vendors are other major trends which are catalyzing the growth of the market. The report includes a comprehensive study of the various factors driving the growth of the market.
Chain Drives Market – Geographical Analysis
The report includes the market analysis of different regions such as North America, Latin America, APAC, and EMEA. It outlines the major market share holders and the market size analysis of all the regions. The US is the world’s largest market for chain drives driven by a high degree of mechanization, better availability of range and awareness. The chain drives market in US is expected to grow at a CAGR of 5% during the forecast period.
China despite being the second largest market for chain drives is the largest manufacturer and exporter to other geographies. The country is among the fastest growing market for chain drives. APAC is expected to contribute the maximum revenue toward the global chain drives market.
Chain Drives Market – Key Vendors and Market Share
This market research report profiles the major companies in the market and provides the competitive landscape and market share of key players. It covers the entire market outlook regarding the value chain operating in the market.
Key vendors included in the report are as following:
• Hangzhou Donghua Chain Group
• Heng Jiu
• Renold
• Rexnord
• Tsubakimoto Chain
Other vendors include Timken, Tyma, Brammer, Diamond Chain, Ramsey Chain, John King Chains, Wippermann, Suzhou Universal Group, Chiaravalli Group, and Ewart Chain.
Why should you buy the report?
The report provides answers to the following questions related to the global chain drives market.
1. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years?
2. What are the various factors that can affect the market over the next few years?
3. What are the major emerging trends and challenges for the market over the next five years?
4. What is the market size and market forecast for each product segment?
5. What is the market size and market forecast for each end-user type?
6. Which region is expected to have the highest market share and what are the factors driving the market growth in that region?
7. What is the sale growth rate in key geographies?
8. Which are the key countries in terms of market size and market forecast?
9. Which are the key vendors in the market?
10. What are the key strategies implemented by the leading vendors to increase growth opportunities?
11. Which are the key emerging vendors in the market?
Contents
Section 1 Research Methodology
Section 2 Executive Summary
Section 3 Report Coverage
3.1 Report Assumption
3.2 Scope of the Report
3.3 Currency Exchange Rates
3.4 Market Derivation
Section 4 Introduction
Section 5 Key Market Trends
5.1 Strategic Positioning of Manufacturing Locations in Line with Automobile Majors
5.2 Portfolio Diversification and Strategic Distribution Partnerships
5.3 Innovation Enabling Weaker Correlation with Commodity Prices
Section 6 Key Market Drivers
6.1 Increased Demand due to Renewed Construction and Manufacturing Activities
6.2 Rise in Demand for Timing Chains from Automotive End-users
6.3 Availability of Better Chain Lubrication Products
Section 7 Key Market Challenges
7.1 High Degree of Variability and Need for Dynamic Risk Mitigation Strategy
7.2 Increased Fragmentation and Intensity of Price-based Competition
7.3 High Setup Costs and Availability of Better Performing Substitutes in Certain Applications
Section 8 Global Chain Drive Market
Section 9 Chain Drive Market By Type
9.1 Segmental Overview
9.2 Transmission Chains: Market Size and Analysis
9.2.1 Roller Chain: Market Size and Analysis
9.2.2 Detachable Chain: Market Size and Analysis
9.2.3 Silent Chain: Market Size and Analysis
9.2.4 Leaf Chain: Market Size and Analysis
9.2.5 Others Chains Drives: Market Size and Analysis
9.3 Conveyor Chains: Market Size and Analysis
9.4 Sprockets and Other Parts: Market Size and Analysis
Section 10 Chain Drive Market By End-User
10.1 Segmental Overview
10.2 Automotive Industry: Market Size and Analysis
10.3 Agriculture: Market Size and Analysis
10.4 Industrial Machinery: Market Size and Analysis
10.5 Escalators: Market Size and Analysis
10.6 Theme Parks: Market Size and Analysis
10.7 Pulp and Paper: Market Size and Analysis
10.8 Others: Market Size and Analysis
Section 11 Segmentation By Geography
11.1 Geographical Overview of Chain Drive Market
Section 12 Chain Drive Market In APAC
12.1 Market Size and Analysis
12.2 China: Market Size and Analysis
12.3 Japan: Market Size and Analysis
12.4 Other APAC Countries: Market Size and Analysis
Section 13 Chain Drive Market In Europe
13.1 Market Size and Analysis
13.2 Germany: Chain Drives Market Share and Analysis
13.3 UK: Chain Drive Market Size and Analysis
13.4 Other European Countries: Chain Drive Market Size and Analysis
Section 14 Chain Drive Market in MEA
14.1 Market Size and Analysis
Section 15 Chain Drive Market In North America
15.1 Market Size and Analysis
15.2 US: Chain Drives Market Size and Analysis
15.3 Canada: Chain Drives Market Size and Analysis
Section 16 Chain Drive Market In Latin America
16.1 Market Size and Analysis
Section 17 Competitive Landscape
17.1 Porter’s Five Forces Model
17.1.1 Threat of New Entrants
17.1.2 Bargaining Power of Suppliers
17.1.3 Bargaining Power of Buyers
17.1.4 Threat of Substitutes
17.1.5 Competitive Rivalry
17.2 Market Structure and Mapping of Competition
17.3 Overview of Competition
Section 18 Key Vendor Analysis
18.1 Renold
18.1.1 Key Strengths
18.1.2 Key Strategy
18.1.3 Key Opportunities
18.2 Tsubakimoto Chain
18.2.1 Financial Performance
18.2.2 Key Strengths
18.2.3 Key Strategy
18.2.4 Key Opportunities
18.3 Rexnord
18.3.1 Financial Performance
18.3.2 Key Strengths
18.3.3 Key Strategy
18.3.4 Key Opportunities
18.4 Hangzhou Donghua Chain Group
18.4.1 Key Strengths
18.4.2 Key Strategy
18.4.3 Key Opportunities
18.5 Heng Jiu
18.5.1 Key Strengths
18.5.2 Key Strategy
18.5.3 Key Opportunities
Section 19 Other Prominent Vendors
19.1 Timken
19.2 Tyma
19.3 Brammer
19.4 Diamond Chain
19.5 Ramsey Chain
19.6 John King Chains
19.7 Wippermann
19.8 Suzhou Universal Group Technology Co. Ltd.
19.9 Chiaravalli Group
19.10 Ewart Chain Ltd.
Section 20 Appendix
Section 21 Summary of Figures
21.1 Key Revenue Figures of Chain Drives Market for Different Geographies
21.2 Key Revenue Figures of Chain Drives Market for Different Types
21.3 Key Revenue Figures of Chain Drives Market for Different End- users
EXHIBITS
Exhibit 1 Segmentation of the Chain Drive Market
Exhibit 2 Country-wise Automotive Production 2016 (in million units)
Exhibit 3 Automotive Production Share of Key Countries (volume) 2005–2016
Exhibit 4 Median Contribution Margins in Chain drives
Exhibit 5 Manufacturing and Construction Industry Growth Forecast for India and China in 2016 and 2022
Exhibit 6 Global Cars and Commercial Vehicle Production 2001–2016 (in million units)
Exhibit 7 Mapping of Market Risks by Geography
Exhibit 8 Percentage of Products Adhering to Global Standards 2016
Exhibit 9 Benchmarking among Belt, Chain, and Spindle drives (Scale of 0–10)
Exhibit 10 Performance Analysis of Transmission Drives in Various Applications (Benchmarking on scale of 0–10)
Exhibit 11 Global Chain Drive Market by Revenues 2016?2022 (in $ billion)
Exhibit 12 Global Chain Drive Market by Size 2016–2022
Exhibit 13 Segmentation of Chain Drive Market by Type
Exhibit 14 Comparison of Revenue Growth Rates in Chain Drive Market by Type 2017?2022
Exhibit 15 Revenue of Chain Drive Market by Type in 2016 and 2022
Exhibit 16 Market Revenue for Transmission Chain Drives 2016?2022 (in $ billion)
Exhibit 17 Size of Chain Drive Market for Transmission Chains 2016?2022
Exhibit 18 Market Revenue for Roller Chain Drives 2016?2022 (in $ billion)
Exhibit 19 Market Revenue for Detachable Chain Drives 2016?2022 (in $ million)
Exhibit 20 Market Revenue for Silent Chain Drives 2016?2022 (in $ million)
Exhibit 21 Market Revenue for Leaf Chain Drives 2016?2022 (in $ million)
Exhibit 22 Market Revenue for Other Chain Drives 2016?2022 (in $ million)
Exhibit 23 Market Revenue for Conveyor Chain Drives 2016?2022 (in $ billion)
Exhibit 24 Size of Chain Drive Market for Conveyor Chains 2016?2022
Exhibit 25 Market Revenue for Sprockets and Other Parts 2016?2022 (in $ billion)
Exhibit 26 Size of Chain Drive Market for Transmission Chains 2016?2022
Exhibit 27 Segmentation of Chain Drive Market by End-user
Exhibit 28 Comparison of Revenue Growth Rate of Chain Drive Market by End-user 2017?2022
Exhibit 29 Revenue of Chain Drive Market by End-user in 2016 and 2022
Exhibit 30 Revenue of Automotive Segment in Chain Drive in Market 2016?2022 (in $ billion)
Exhibit 31 Size of Automotive Segment in Chain Drive Market (2016–2022)
Exhibit 32 Revenue of Agriculture Segment in Chain Drive Market 2016?2022 (in $ billion)
Exhibit 33 Size of Agriculture Segment in Chain Drive Market (2016–2022)
Exhibit 34 Revenue of Industrial Machinery Segment in Chain Drive Market 2016?2022 (in $ billion)
Exhibit 35 Size of Industrial Machinery Segment in Chain Drive Market (2016–2022)
Exhibit 36 Pitch and Attachment Spacing for Step Chain
Exhibit 37 Revenue of Escalator Segment in Chain Drive Market 2016?2022 (in $ billion)
Exhibit 38 Size of Escalator Segment in Chain Drive Market (2016–2022)
Exhibit 39 Comparison of Features for Different Types of Coaster Chains
Exhibit 40 Revenue of Theme Parks Segment in Chain Drive Market 2016?2022 (in $ billion)
Exhibit 41 Size of Theme Parks Segment in Chain Drive Market (2016–2022)
Exhibit 42 Revenue of Pulp and Paper Segment in Chain Drive Market 2016?2022 (in $ billion)
Exhibit 43 Size of Pulp and Paper Segment in Chain Drive Market (2016–2022)
Exhibit 44 Revenue of Others Segment in Chain Drive Market 2016?2022 (in $ billion)
Exhibit 45 Size of Others Segment in Chain Drive Market (2016–2022)
Exhibit 46 Segmentation of Chain Drive Market by Geography
Exhibit 47 Comparison of Revenue Growth Rate of Chain Drive Market by Geography 2017?2022
Exhibit 48 Revenue of Chain Drive Market by Geography 2016 and 2022
Exhibit 49 Revenue of Chain Drive Market in APAC 2016?2022 (in $ billion)
Exhibit 50 Size of Chain Drive Market in APAC (2016–2022)
Exhibit 51 Sectoral Composition of Total Investments in Infrastructure in APAC 2016?2022
Exhibit 52 Revenue of Chain Drive Market in China 2016?2022 (in $ billion)
Exhibit 53 Size of Chain Drive Market in APAC (2016–2022)
Exhibit 54 Revenue of Chain Drive Market in Japan 2016?2022 (in $ billion)
Exhibit 55 Size of Chain Drive Market in Japan (2016–2022)
Exhibit 56 End-user of Chain Drives in Various Sectors in Japan 2016 (by Revenues in $ million)
Exhibit 57 Major Drivers for Chain Drives Demand in Other APAC Countries
Exhibit 58 Revenue of Chain Drive Market in Other APAC Countries 2016?2022 (in $ billion)
Exhibit 59 Size of Chain Drive Market in Other APAC Countries (2016–2022)
Exhibit 60 Revenue of Chain Drive Market in Europe 2016?2022 (in $ billion)
Exhibit 61 Size of Chain Drive Market in Europe (2016–2022)
Exhibit 62 Revenue of Chain Drive Market in Germany 2016?2022 (in $ billion)
Exhibit 63 Infrastructure Investment Spend Envisaged in UK 2016?2021
Exhibit 64 Revenue of Chain Drive Market in UK 2016?2022 (in $ billion)
Exhibit 65 Revenue of Chain Drive Market in Other European Countries 2016?2022 (in $ billion)
Exhibit 66 Growth of Construction Sector in MEA 2010?2022
Exhibit 67 Revenue of Chain Drive Market in MEA 2016?2022 (in $ billion)
Exhibit 68 Size of Chain Drive Market in MEA (2016–2022)
Exhibit 69 Revenue of Chain Drive Market in North America 2016?2022 (in $ billion)
Exhibit 70 Size of Chain Drive Market in North America (2016–2022)
Exhibit 71 Revenue of Chain Drive Market in US 2016?2022 (in $ billion)
Exhibit 72 Size of Chain Drive Market in US (2016–2022)
Exhibit 73 Revenue of Chain Drive Market in Canada 2016?2022 (in $ billion)
Exhibit 74 Size of Chain Drive Market in Canada (2016–2022)
Exhibit 75 Revenue of Chain Drive Market in Latin America 2016?2022 (in $ million)
Exhibit 76 Size of Chain Drive Market in Latin America (2016–2022)
Exhibit 77 Overview of Market Concentration in Various Geographies 2016 (as illustrated by HHI)
Exhibit 78 Benchmarking of Vendors in Chain Drive Market
Exhibit 79 Revenue of Tsubakimoto Chain 2011–2016 (in $ million)
Exhibit 80 Revenue Share of Business Segments of Tsubakimoto Chain in 2016
Exhibit 81 Revenue of Rexnord 2012–2016 (in $ million)
Exhibit 82 Revenue of Business Segments of Rexnord 2015–2016 (in million $)
Exhibit 83 Size of Global Chain Drives Market and Growth Rate for Different Geographies (2016–2022)
Exhibit 84 Size of Chain Drive Market and Growth Rate for Different Types (2016–2022)
Exhibit 85 Size of Chain Drives Market and Growth Rate for Different End-users (2016–2022)
