MRO Magazine

Global Chain Drives Market 2015-2019 – Increased Focus on Innovation Through R&D – Research and Markets


June 9, 2016
By Business Wire News

DUBLIN

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

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Belt and Chain Drives