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Global Chain Drives Market 2016-2020

About the Chain Drives Market

Motors and turbines consume energy to generate rotational mechanical motion in industrial facilities. Chain drives and sprockets among other tools are used to transmit this motion to various components of the machines and machinery. Chain drives comprise chain links, which are connected to each other through toothed sprockets. Such drives perform useful industrial functions such as transmitting power, conveying materials, and synchronizing machinery movements.

Technavio’s analysts forecast the global chain drives market to grow at a CAGR of 3.02% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global chain drives market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of chain drives, maintenance, and services for calculating market value in the above-mentioned end-user segments.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Chain Drives Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Chiaravalli Group
  • Renold
  • Rexnord
  • Timken
  • Tsubakimoto Chain
Other prominent vendors
  • Brammer
  • Diamond Chain
  • Ewart Chain
  • FB Ketjutekniikka
  • John King Chains
  • KettenWulf
  • Ramsey Chain
  • Rockman Industries
  • Rombo Chain
  • TIDC India
  • US Tsubaki
  • Webster Industries
  • Wippermann
Market driver
  • Growing demand from APAC
  • For a full, detailed list, view our report
Market challenge
  • Slowdown in major economies
  • For a full, detailed list, view our report
Market trend
  • Increased focus on innovation through R&D
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Chain Drives Market 2016-2020

Technavio recognizes the following companies as the key players in the global chain drives market: Chiaravalli Group, Renold, Rexnord, Timken, and Tsubakimoto Chain.

Other Prominent Vendors in the market are: Brammer, Diamond Chain, Ewart Chain, FB Ketjutekniikka, John King Chains, KettenWulf, Ramsey Chain, Rockman Industries, Rombo Chain, TIDC India, US Tsubaki, Webster Industries, and Wippermann.

Commenting on the report, an analyst from Technavio’s team said: “One trend that will propel market growth is the increased focus on innovation. Product innovation is the need of the hour as the chain drive system represent old, and obsolete technology. Manufacturers in this market are innovating and working toward adding new features and creating new product types in chain drives in a bid to extend the utility of such products. One such addition is the inverted-tooth chain, which operates smoothly, and is known in the industry as a silent chain. This chain comprises a series of toothed link plates, which are assembled on joint components, and is designed to transfer high loads in small spaces.”

According to the report, a key growth driver for the chain drives market is the growing demand from APAC. The demand for chain drives in APAC has increased due to the manufacturing facilities that require them. Continuous availability of raw materials, a large labor pool, favorable demographic conditions, high demand for industrial products, and low manufacturing costs have led major discrete and process industries to set up manufacturing facilities in countries such as China, India, Indonesia, Thailand, Philippines and Taiwan. There is a significant demand for belt and chain drives in these countries, which has prompted many vendors in the Americas and EMEA to set up manufacturing facilities in APAC.

Further, the report states that one challenge that could restrict market growth is the slowdown in major economies of the world.

Companies Mentioned

Chiaravalli Group, Renold, Rexnord, Timken, Tsubakimoto Chain, Brammer, Diamond Chain, Ewart Chain, FB Ketjutekniikka, John King Chains, KettenWulf, Ramsey Chain, Rockman Industries, Rombo Chain, TIDC India, US Tsubaki, Webster Industries, Wippermann.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Segmentation based on end-users
      • Table Segmentation based on geography
    • Top-vendors
      • Table Top vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Top six industries by market share 2015
  • Market landscape
    • Market overview
      • Table Power transmission structure
    • Market size and forecast
      • Table Global chain drives market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-users
    • Market overview
      • Table Global chain drives market by end-users 2015
      • Table Global chain drives market by end-users 2020
    • Global chain drives market in industrial sector
      • Table Global chain drives market in industrial sector 2015-2020 ($ billions)
      • Table Global chain drives market by end-users in industrial sector 2015
      • Table Production plants of major international auto companies in the US
      • Table Production plants of foreign companies in Mexico
    • Global chain drives market in heavy equipment industry
      • Table Global chain drives market in heavy equipment industry 2015-2020 ($ millions)
      • Table Global chain drives market by end-users in heavy equipment industry 2015
    • Global chain drives market in agricultural equipment industry
      • Table Global chain drives market in agricultural equipment industry 2015-2020 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global chain drives market by geography 2015
      • Table Global chain drives market by geography 2020
    • Chain drives market in APAC
      • Table Chain drives market in APAC 2015-2020 ($ billions)
      • Table Population of major industrial nations in APAC 2011-2014 (millions)
      • Table Per capita income by major industrial nations in APAC 2011-2014 ($)
    • Chain drives market in the Americas
      • Table Chain drives market in the Americas 2015-2020 ($ billions)
    • Chain drives market in EMEA
      • Table Chain drives market in EMEA 2015-2020 ($ millions)
      • Table Residential projects planned in the GCC countries
  • Market drivers
    • Table World population living in urban areas 1950-2030 (billions)
    • Table Degree of urbanization 2015 (% of urban population in total population)
    • Table Urban population: Developed vs developing countries (billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competition overview
    • Chiaravalli Group
    • Renold
      • Table Renold: Revenue market share by region 2015
    • Rexnord
      • Table Rexnord revenue market share by region 2015
    • Timken
      • Table Timken revenue market share by region 2015
    • Tsubakimoto Chain
      • Table Tsubakimoto revenue market share by region 2015
    • Competition financials
      • Table Chain drivers: Financials for 2015
  • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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