Global Industrial Chain Drives Market 2018-2022 - Growing End-User Investments in APAC - ResearchAndMarkets.com

DUBLIN--()--The "Global Industrial Chain Drives Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global industrial chain drives market to grow at a CAGR of 3.20% during the period 2018-2022.

The latest trend gaining momentum in the market is the rise in mergers and acquisitions (M&A). M&A and market alliances between vendors will provide considerable market growth momentum for industrial chain drives during the forecast period. Chain and sprocket manufacturers are trying to expand their businesses in developing regions through more investments in new avenues to sustain a competitive advantage over the other key industrial chain manufacturers.

According to the report, one of the major drivers for this market is the growing end-user investments in APAC. The demand for industrial chain drives in APAC has increased due to the growing investments in the end-user industries. The availability of low-cost raw-materials, easy availability of labor resources, advantageous demographic conditions, high demand for industrial products, and low manufacturing costs are the factors that support the high growth potential of industrial chain drive manufacturers in Asia.

Further, the report states that one of the major factors hindering the growth of this market is the high costs with regard to lubrication and related services. Industrial chain drives have some hidden costs like lubrication, frequent maintenance, and fast wear. Most industrial chain drives require lubrication and frequent services to increase their service life; however, the latest lube-free industrial chain drives are an exception. For instance, conveyor chains require continuous lubrication during their operation to reduce energy losses arising from friction.

Key Vendors

  • Regal Beloit
  • Renold
  • Rexnord
  • SKF
  • The Timken Company
  • TSUBAKIMOTO CHAIN

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Market Segmentation by End-User

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers and Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/8vnmzb/global_industrial?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Belt and Chain Drives

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Belt and Chain Drives