Global Chain Drives Market 2016-2020

  • Published: May 2016
  • Pages: 91
  • SKU: IRTNTR9514

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research report presents a detailed segmentation of the global chain drives market by end-users (industrial sector, heavy equipment industry, and agricultural equipment industry), and by geography (the Americas, APAC, and EMEA). The leading vendors in the market are Chiaravalli, Renold, Rexnord, Timken, and Tsubakimoto Chain.

Overview of the global chain drives market

Technavio’s market research analyst predicts the global chain drives market to grow at a CAGR of around 3% by 2020. The rise in the replacement activities across several industries is primarily driving the growth of this market. Chain drives require adequate and timely lubrication for smoother operation and longer lifespan. This has prompted vendors to offer additional after-sales services to the customers. Replacement activities enable the providers to communicate and interact with their customers and develop better-customized drives and maintain their loyalty to the brand. The servicing and replacement activities are turning out to be important models for revenue generation in the global chain drives market.

The manufacturers in the market are coming up with innovative features in chain drives to increase their utility. They have introduced inverted-tooth chain or a silent chain drive which is designed to transfer high loads in small spaces. Silent chain drives are more compact than gear drives, and can operate at loads and speeds that exceed the capability of belts and other types of chains. Also, these chains operate smoothly at reduced vibration, noise, and frictional losses, thereby increasing their usage in several industries.

Segmentation by end-users and analysis of the chain drives market

  • Industrial sector
  • Heavy equipment industry
  • Agricultural equipment industry

The industrial sector is the largest end-user of chain drives and is expected to occupy 59% of the total market share by 2020. The cement industry is the primary user of chain drives owing to the increase in the construction activities across the globe. The industrial chain drives are used to execute several functions which include hot clinker conveyors, crusher feeder, scraper, bucket wheel excavator, reclaim conveyors, elevators, drying kilns, and apron feeders. With the growing cement consumption, there are high growth prospects for the industrial segment in the coming years.

Geographical segmentation and analysis of the chain drives market

  • Americas
  • APAC
  • EMEA

By 2020, the APAC will dominate the market and is expected to account for more than 43% of the overall market share. The rise in construction activities and growing investments in the process industries are accelerating the demand for chain drives in the region. Factors such as continued investments in capacity additions and plant infrastructure upgrades from cement, pulp and paper, oil and gas, and automotive industries will boost the demand for chain drives over the next four years.

Competitive landscape and key vendors

Intense competition prevails in the market where vendors compete in terms of product features, prices, customized solutions, and the services offered. The established vendors are focusing on their geographical expansion, increasing production capacities, and upselling products by upgrading the existing ones. These key players are making huge investments in developing latest technologies for chain drives, which has led to the development of the modern chain drive system primarily designed to address and fulfil the needs of end-users.

Key vendors in the market include -

  • Chiaravalli
  • Renold
  • Rexnord
  • Timken
  • Tsubakimoto Chain

Other prominent vendors in the chain drives 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.

Key questions answered in the report include

  • What will the market size and the growth rate be of the global chain drives market in 2020?
  • What are the key factors driving the global chain drives market?
  • What are the key market trends impacting the growth of the global chain drives market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global chain drives market?
  • What are the market opportunities and threats faced by the vendors in the global chain drives market?
  • Trending factors influencing the market shares of the global chain drives market in Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global chain drives market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendors
  • Other prominent vendors

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by end-users

  • Market overview
  • Global chain drives market in industrial sector
  • Global chain drives market in heavy equipment industry
  • Global chain drives market in agricultural equipment industry

PART 07: Geographical segmentation

  • Market overview
  • Chain drives market in APAC
  • Chain drives market in the Americas
  • Chain drives market in EMEA

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

  • Competition overview
  • Chiaravalli Group
  • Renold
  • Rexnord
  • Timken
  • Tsubakimoto Chain
  • Competition financials

PART 14: Key takeaways

PART 15: Appendix

  • List of abbreviations

PART 16: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>