Global Chain Drives Market that is poised to grow at 3% CAGR to 2019

The analysts forecast global chain drives market to grow at a CAGR of 3.27% over the period 2015-2019.

Chain drives and belt drives are the mechanical power transmission systems used for transmitting energy to perform valuable work in industries. These drives consist of interconnected links meshing with the teeth of a sprocket. There are various types of chain drives, including roller chains and engineering steel chains. Engineering steel chains are used for applications in industries such as mining, agriculture, construction, and automotive.

Covered in this Report

The report covers the present scenario and the growth prospects of the global chain drives market for the period 2015-2019. The following are some of the major end-users of the market: construction and mining industry, industrial machinery industry, and agriculture sector.

The report, Global Chain Drives Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

  • Americas
  • APAC
  • EMEA

Key Vendors

  • Chiaravalli Group
  • Renold
  • Rexnord
  • Tsubakimoto Chain

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Other Prominent Vendors

  • Diamond Chain
  • Gates
  • Joh. Winklhofer Beteiligungs
  • Martin Sprocket & Gear
  • Hangzhou Donghua Chain Group
  • Suzhou Universal Group
  • Zhejiang Gidi Industrial Chain

Market Driver

  • Growing Revenue from Replacement Activities

Market Challenge

  • Maturity of the Market

Market Trend

  • Adoption of Alternative Drive Technologies

Key Questions Answered in this Report

  • What will the market size be in 2018 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?

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