Industrial power transmission market size

1
Presents 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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Industrial 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.

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Market 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.

4
Market 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.

5
Competitive 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

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Research 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

7
Report 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.

8
Market 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)

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Market 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)

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11
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