Title: Industrial power transmission market size
1Presents a Research Report on Industrial Power
Transmission Market
Industrial Power Transmission Market is Segmented
by Transmission Type (Belt and Chain), by
Application Type (General Industries, Energy
Others, Construction Materials, Food Beverage,
Warehouse Distribution, Lumber Aggregates,
and Agriculture), by End-User Type (OE and
Aftermarket), and by Region (North America,
Europe, Asia-Pacific, and Rest of the World).
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2Industrial Power Transmission Market Growth and
Forecast Highlights Drivers
- The industrial power transmission market is
expected to grow at a respectable CAGR of 3.4 to
be reaching a value of US 11.0 billion in 2026. - The market is predicted to progressively improve
in the coming years, primarily due to rising
consumer acceptance. - Product demand will be boosted even more by
rising investments for technological
advancements. Furthermore, favorable regulatory
changes and supporting industrial reforms will
drive market growth. - Due to increased awareness regarding the
reduction of energy loss, manufacturers are
focussing on cost-effective and energy-efficient
equipment. - A favorable business environment has also been
created by increased manufacturing operations,
especially in developing economies. - In 2020, With the abrupt breakout of the COVID-19
pandemic, the market for industrial power
transmission suffered a considerable fall of
-7.2. - Companies have suffered significant losses as a
result of the entire lockdown paired with a labor
shortage and temporary shutdown of manufacturing
plants.
3Market Insights
- By Transmission Type
- Chain is expected to remain the larger
transmission type in the market during the
forecast period. - The wide usage of transmission chains in the
chemical, agriculture, oil gas, pharmaceutical,
mining, and construction industries is one of the
primary drivers of market expansion. - By Application Type
- Warehouse distribution is expected to be the
fastest-growing application type in the market
during the forecast period. - The warehousing distribution business is
anticipated to grow significantly due to the
development of new technologies, increasing
imports exports, and the rapidly expanding
e-commerce industry. - By End-User Type
- Aftermarket is expected to be the dominant
segment of the market during the forecast period.
- Old chains and belts must be replaced to smooth
operations as well as to save manpower, energy,
and cost. Manufacturers are switching to new and
technologically advanced products.
4Market Insights
- By Region
- Asia-Pacific is expected to remain the largest as
well as the fastest-growing market for industrial
power transmission during the forecast period. - The market of industrial power transmission will
grow significantly due to rapid industrialization
in developing nations like China, India, and
other South-East Asian countries. - Rising energy consumption in emerging economies
as well as rising investments to incorporate
sustainable and efficient infrastructure are the
key factors responsible for the market growth.
5Competitive Insights
- Key Companies Analysed
- AB SKF
- Bando Group
- Continental AG
- Dayco Corporate
- Gates Corporation
- Optibelt GmbH
- Regal Rexnord
- Regina Catene Calibrate Spa
- Schaeffler Group
- The Morse Chain
- The Timken Company
6Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
7Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
8Market Segmentation
- By Transmission Type
- Belt (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Chain (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - By Application Type
- General Industries (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Energy Others (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Construction Materials (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Food Beverage (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Warehouse Distribution (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Lumber Aggregates (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Agriculture (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - By End User Type
- OE (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Aftermarket (Regional Analysis North America,
Europe, Asia-Pacific, and RoW)
9Market Segmentation
- By Region
- North America (Country Analysis The USA, Canada,
and Mexico) - Europe (Country Analysis Germany, France, the
UK, Russia, and Rest of Europe) - Asia-Pacific (Country Analysis Japan, China,
India, and Rest of Asia-Pacific) - Rest of the World (Country Analysis Brazil,
Saudi Arabia, and Others)
10About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
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