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Global Chains and Sprockets Market in Material Handling Equipment 2018-2022

Global Chains and Sprockets Market in Material Handling Equipment 2018-2022

About Chains and Sprockets in Material Handling Equipment

Chains are used for carrying out basic functions, such as power transmission and conveying materials, within industries. They are manufactured using different types of materials, such as cast iron, cast steel, steel, and plastic and forged chains. These chains are used across different end-user industries according to the type of processes adopted to ensure optimum productivity. Sprockets are wheels with teeth around the outer edge, with the help of which they get attached to chains easily. Chains move against the teeth of the sprockets, thus forming a non-slippage structure to both chains and sprockets. Sprockets are components made from robust and non-corrosive materials, which ensure a long life of these components even in harsh industrial environments.

Technavio’s analysts forecast the global chains and sprockets market in material handling equipment to grow at a CAGR of 3.52% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global chains and sprockets market in material handling equipment for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Chains and Sprockets Market in Material Handling Equipment 2018-2022, 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
  • Regal Beloit
  • Renold
  • Rexnord
  • Timken
  • TSUBAKIMOTO CHAIN


  • Other prominent vendors
  • 4B
  • ABB
  • Allied Locke Industries
  • Bea Ingranaggi
  • Chain + Conveyor
  • Chiaravalli Group
  • Chinabase Machinery
  • Cross & Morse
  • Diamond Chain Company
  • Dong Bo Chain
  • Fastenal
  • Gates
  • HONGSBELT
  • Industrias YUK
  • Iwis
  • John King Chains
  • KittenWulf
  • Martin Sprocket & Gear
  • Motion Industries
  • NGB Group
  • Regina Catene Calibrate
  • RJT Conveyors
  • SDP/SI
  • SEDIS
  • Wippermann
  • Wire Belt
  • WMH Herion
  • Zhejiang Gidi Industrial Chain
Market driver
  • Diverse applications of chains and sprockets across industrial applications
  • For a full, detailed list, view our report
Market trend
  • Self-lubricated chains
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Chains and Sprockets Market in Material Handling Equipment 2018-2022

Technavio recognizes the following companies as the key players in the global chains and sprockets market in material handling equipment: Regal Beloit, Renold, Rexnord, Timken, and TSUBAKIMOTO CHAIN.

Other Prominent Vendors in the market are: 4B, ABB, Allied Locke Industries, Bea Ingranaggi, Chain + Conveyor, Chiaravalli Group, Chinabase Machinery, Cross & Morse, Diamond Chain Company, Dong Bo Chain, Fastenal, Gates, HONGSBELT, Industrias YUK, Iwis, John King Chains, KittenWulf, Martin Sprocket & Gear, Motion Industries, NGB Group, Regina Catene Calibrate, RJT Conveyors, SDP/SI, SEDIS, Wippermann, Wire Belt, WMH Herion, and Zhejiang Gidi Industrial Chain.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is self-lubricated chains. In a typical chain and sprocket assembly, chains need to be lubricated on a timely basis to reduce the chances of wear and tear. In case the chains are not lubricated on time in facilities that involve heavy load carrying operations, the chances of damage to chains and sprockets as well as the peripheral equipment are high. To address this issue, manufacturers (e.g., USA Roller Chains & Sprockets, Regina, and TSUBAKIMOTO CHAIN) have developed chains that are self-lubricating and can be lubricated once in a lifetime to ensure efficiency as well as convenience.”

According to the report, one driver in the market is diverse applications of chains and sprockets across industrial applications. Chains are used in a wide variety of applications in different end-user industries such as machine tools, oil and gas, construction, mining: and others. Especially in the industries such as iron, steel, and aluminum: heavy transport weights and extreme environments are common, which necessitates heavy-duty chains and sprockets across different applications. In such industries, chains and sprockets display superior durability even in extreme conditions, such as transporting hot materials safely. Chains and sprockets are proven to be very useful in industrial applications with precision requirements.

Companies Mentioned

Regal Beloit, Renold, Rexnord, Timken, TSUBAKIMOTO CHAIN, 4B, ABB, Allied Locke Industries, Bea Ingranaggi, Chain + Conveyor, Chiaravalli Group, Chinabase Machinery, Cross & Morse, Diamond Chain Company, Dong Bo Chain, Fastenal, Gates, HONGSBELT, Industrias YUK, Iwis, John King Chains, KittenWulf, Martin Sprocket & Gear, Motion Industries, NGB Group, Regina Catene Calibrate, RJT Conveyors, SDP/SI, SEDIS, Wippermann, Wire Belt, WMH Herion, and Zhejiang Gidi Industrial Chain.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global material handling equipment market
      • Table Global material handling equipment market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global chains and sprockets market in material handling equipment - Market size and forecast 2017-2022 ($ mn)
      • Table Global chains and sprockets market in material handling equipment- Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Segmentation by product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Chains - Market size and forecast 2017-2022
      • Table Chains - Market size and forecast 2017-2022 ($ mn)
      • Table Chains - Year-over-year growth 2018-2022 (%)
    • Sprockets - Market size and forecast 2017-2022
      • Table Sprockets - Market size and forecast 2017-2022 ($ mn)
      • Table Sprockets - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global chains and sprockets market in material handling equipment by end-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Heavy industry - Market size and forecast 2017- 2022
      • Table Heavy industry - Market size and forecast 2017-2022 ($ mn)
      • Table Heavy industry - Year-over-year growth 2018-2022 (%)
    • Automotive industry - Market size and forecast 2017-2022
      • Table Automotive industry - Market size and forecast 2017-2022 ($ mn)
      • Table Automotive industry - Year-over-year growth 2018-2022 (%)
    • Electronics and semiconductor industry - Market size and forecast 2017-2022
      • Table Electronics and semiconductor industry - Market size and forecast 2017-2022 ($ mn)
      • Table Electronics and semiconductor industry - Year-over-year growth 2018-2022 (%)
    • Machine tools industry - Market size and forecast 2017-2022
      • Table Machine tools industry - Market size and forecast 2017-2022 ($ mn)
      • Table Machine tools industry - Year-over-year growth 2018-2022 (%)
    • Construction industry - Market size and forecast 2017-2022
      • Table Construction industry - Market size and forecast 2017-2022 ($ mn)
      • Table Construction industry - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Self-lubricated chains
    • Increased demand for customized chains and sprockets
    • Wear indicator technology in sprockets
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Regal Beloit
      • Table Regal Beloit overview
      • Table Regal Beloit - Business segments
      • Table Regal Beloit: Organizational developments
      • Table Regal Beloit - Geographic focus
      • Table Regal Beloit - Segment focus
      • Table Regal Beloit: Key offerings
    • Renold
      • Table Renold overview
      • Table Renold: Business segments
      • Table Renold: Organizational developments
      • Table Renold: Geographic focus
      • Table Renold - Segment focus
      • Table Renold - Key offerings
    • Rexnord
      • Table Rexnord overview
      • Table Rexnord - Business segments
      • Table Rexnord - Organizational developments
      • Table Rexnord - Geographic focus
      • Table Rexnord - Segment focus
      • Table Rexnord - Key offerings
    • Timken
      • Table Timken overview
      • Table Timken: Business segments
      • Table Timken: Organizational developments
      • Table Timken - Geographic focus
      • Table Timken - Segment focus
      • Table Timken - Key offerings
    • TSUBAKIMOTO CHAIN
      • Table TSUBAKIMOTO CHAIN overview
      • Table TSUBAKIMOTO CHAIN - Business segments
      • Table TSUBAKIMOTO CHAIN - Organizational developments
      • Table TSUBAKIMOTO CHAIN - Geographic focus
      • Table TSUBAKIMOTO CHAIN - Segment focus
      • Table TSUBAKIMOTO CHAIN - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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