Market Analysis and Insights: Global Chains and Sprockets Market
Due to the COVID-19 pandemic, the global Chains and Sprockets market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Chains and Sprockets global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The United States Chains and Sprockets market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the United States is % in 2021, while Chinese percentage is %, and it is predicted that China's share will reach % in 2028, trailing a CAGR of % through the analysis period.
The global key manufacturers of Chains and Sprockets include Regal Beloit, Renold, Rexnord, Timken, TSUBAKIMOTO CHAIN, ABB, Allied Locke Industries, Bea Ingranaggi and Chiaravalli Group and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In United States, in terms of revenue, in 2021, the top three players hold a share about %, while in China, top three players hold a share nearly %.
Global Chains and Sprockets Scope and Market Size
The global Chains and Sprockets market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Chains and Sprockets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Chains
Sprockets
Segment by Application
Heavy industry
Automotive industry
Electronics and semiconductor industry
Machine tools industry
Construction industry
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Regal Beloit
Renold
Rexnord
Timken
TSUBAKIMOTO CHAIN
ABB
Allied Locke Industries
Bea Ingranaggi
Chiaravalli Group
Diamond Chain Company