Subject: MRR
USD 649.59 Mn growth in Industrial Chain Drives Market | Driven by Growing End-user Investments in APAC | Technavio
NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The industrial chain drives market size is expected to increase by USD 649.59 million from 2020 to 2025, registering a CAGR of over 3%, according to the latest research report from Technavio.
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The industrial chain drives market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market.
The report identifies growing end-user investments in APAC as one of the major factors driving the growth of the market. The ability of chain drives to work under extreme weather conditions will be crucial in fueling the growth of the market over the forecast period. In addition, growing end-user investments in APAC will contribute to the growth of the market.
This report presents a detailed picture of the industrial chain drives market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The industrial chain drives market covers the following areas:
Industrial Chain Drives Market Sizing
Industrial Chain Drives Market Forecast
Industrial Chain Drives Market Analysis
Companies Mentioned
- AB SKF
- Michelin Group
- Regal Beloit Corp.
- Renold Plc
- Rexnord Corp.
- Rubix Group Holdings Ltd.
- The Timken Co.
- Tsubakimoto Chain Co.
- Tube Investments of India Ltd.
- Wippermann junior GmbH
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Industrial Chain Drives Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of over 3% |
Market growth 2021-2025 | USD 649.59 million |
Market structure | Fragmented |
YoY growth (%) | 2.54 |
Regional analysis | APAC, North America, Europe, South America, and MEA |
Performing market contribution | APAC at 62% |
Key consumer countries | US, China, India, Germany, and Canada |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | AB SKF, Michelin Group, Regal Beloit Corp., Renold Plc, Rexnord Corp., Rubix Group Holdings Ltd., The Timken Co., Tsubakimoto Chain Co., Tube Investments of India Ltd., and Wippermann junior GmbH |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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