DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Chain Drives Market 2015-2019" report to their offering.
The report forecasts the global chain drives market to grow at a CAGR of 3.02% during the period 2016-2020.
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.
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.
Companies Profiled:
- 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.
Report Structure:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-users
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key takeaways
For more information visit http://www.researchandmarkets.com/research/xv5ndw/global_chain
