Showing posts with label Roller Chain Suppliers in India. Show all posts
Showing posts with label Roller Chain Suppliers in India. Show all posts

Tuesday, July 25, 2017

India Drive and Timing Chain Market Size by Revenue in INR Billion, FY’2012-FY’2017- Ken Research

Automotive chain is an essential link used to transmit energy from the engine to the rear driving wheel via sprockets. Auto chains are majorly used in motorbikes, commercial vehicles, cars and a wide variety of machines. Automotive chains vary in size, depending upon the power to be transferred. Automotive chains include drive chains and cam or timing chains. Drive chains are majorly used to transmit the power or energy to the wheels of the vehicle. Timing or cam chain forms an integral part of the internal combustion engine, which aids in controlling the timing of engine valves. The length of the transmission drive chain depends on the type of vehicle and the engine. India auto chain market is dominated by 3 major players- L.G. Balakrishnan & Bros Limited, Tube Investments of India and Rockman Industries



India auto chain market caters to the demand of two major segments- OEMs and the aftermarket (replacement) segment. In terms of revenue, the auto chain market is dominated by OEMs, owing to bulk purchasing power and better compatibility with vehicles. The aftermarket segment has been growing at an alarming rate owing to the rapid increase in sales of motorcycles and other vehicle and the reduced lifespan of transmission chains due to unfavorable road conditions in the country. Auto chains are majorly used in motorbikes, four wheelers, LCVs and HCVs. In terms of revenue, the auto chain market escalated from INR ~ billion during FY’2012 to INR ~ billion during FY’2017 at a CAGR ~% during FY’2012 – FY’2017.
INDIA AUTO CHAIN MARKET SEGMENTATION
By Chain Type: In terms of chain type, India auto chain market is divided into two major segments, namely- drive chain and cam chain. In FY’2017, drive chain segment has dominated the auto chain market, contributing ~% revenues to the overall Indian auto chain market. Shorter lifecycle and the need for replacement have resulted in drive chains dominating the domestic market. Cam chain segment incorporated ~% to the overall auto chain market revenue during FY’2017. Cam chains have better life cycle and they are also cheaper in comparison to drive chains.
By Vehicle Type: In terms of vehicle type, the auto chain market is segregated into three major segments, namely- two wheeler, four wheeler, and LCV, HCV and others. In terms of revenue and production, the two wheeler segment has dominated the overall auto chain market. The sale of auto chain for two wheelers accounted for ~% of the overall market revenues during FY’2017. The sale of auto chains for four wheelers accounted for ~% overall market revenues during FY’2017. During FY’2017, the sales of auto chain for commercial vehicles posted ~% revenue owing to rising tourism in the country
By OEM and Aftermarket Segment: The auto chain market, in terms of revenue is dominated by the OEM segment. The OEM segment has dominated the auto chain market, accounting for ~% of the revenue in the overall auto chain market during FY’2017. The aftermarket sales market contributed ~% to overall auto chain market revenues during FY’2017.
By Market Structure: In terms of market structure, the auto chain market is divided into two major segments, namely- organized and unorganized market. Organized players dominated the market by posting ~% of the overall market revenues during FY’2017. Unorganized market accounted for ~% of the overall revenue.
By Sectors: India auto chain market in terms of sectors is divided into two parts, namely- automobile sector and industrial sector. Automotive sector dominates the auto chain market owing to prominent use of drive and cam chains in automobiles. Auto chain sale for automotive sector accounted for ~% of the overall market revenues during FY’2017. Auto chains for the industrial sector accounted for ~% of the overall auto chain market revenues during FY’2017.
Trade Scenario Of India Auto Chain Market
India auto chain export revenues witnessed unstable growth during the period FY’2011 – FY’2016, rising from INR ~ billion during FY’2011 to INR ~ billion during FY’2017 at a CAGR ~% during FY’2011 - FY’2016. Indian companies export auto chains to almost every part of the world but majorly to the developed countries namely- USA, Germany, France, Italy, Japan and others.  In terms of revenue, USA dominates the export market of auto chains owing to automobile industry being the largest manufacturing sector in the USA.
Trends And Developments In India Auto Chain Market
Motorcycle sales in Indian market is expected to grow positively owing to high economic growth, rise in disposable income and increased rural spending. As the demand for motorbikes in India experiences a substantial growth India auto chain market will augment accordingly.
Indian companies also have strategic alliance with aftermarket suppliers for sales of auto chains under the OEM brand name. In recent years, the market size of the auto chains in aftermarket is escalating due to rapid growth in motorcycle sales.
As market penetration is increasing in India, demand for auto chains has been increasing exponentially.
Topics Covered in the Report
  • India Cam Chain Market
  • Production Drive Chain in India
  • Rolon Brand Market Share in India
  • Rockman Industries Sales Auto Chains
  • Roller Chains Market Production
  • Roller Chains Sales in India
  • TI Diamond Brand Sales in India,
  • Roller Chain Suppliers in India,
  • Manufacturers Transmission Chain india,
  • Diamond Chain Market Share India
  • Rombo Chain Manufacturer in India
  • Transmission drive chain SKF india
  • Drive Chain industry Growth
  • Timing Chain Market in India
  • Automotive Transmission Chain Industry Size
  • India Roller Chain Market
  • India Drive Chain Industry Size
  • India Cam Chain Market
For More Details Click On Below Link
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-automotive-transmission-chain-market/126082-100.html
Related Reports by Ken Research
Case Study-Premium Car Exchange Market in India- Focus on Audi, BMW and Mercedes with Concentration on Marketing Initiatives
India Multi Brand Car Service Market Outlook to 2020 - Used Car Sales and Expansion of Service Network to Drive Future
India Used Two Wheeler Market Outlook to 2020 - Rising Sales through Online Channels and Potential Entry of OEMs to Foster Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Wednesday, July 12, 2017

OEMs is the Major Segment which accounted for more than Half of the demand for Drive and Timing Chains in India: Ken Research

Increasing automobile sales in India, Expanding Production Capacities of OEMs and Auto Chain manufacturers, Increasing Household Income and Short lifespan of Auto Chains were the key factors driving growth in India Auto Chain Market.

India is the second most populous country in the world but it is leading in terms of lack of automobile use. This has been a lucrative opportunity for automobile manufacturers which has resulted in enhancing their production capacities to meet the needs of untapped markets. Roller Chain Suppliers in India, Manufacturers Transmission Chain India The auto chain market is likely to have strong linkages with the automobile sales and as the automobile sales are poised to grow further, the auto chain sector is anticipated to witness a bright outlook in upcoming years. The primary growth drivers of auto chain market have been increasing household incomes, increasing automobile sales, expanding production capacities of OEMs and auto chain manufacturers and short lifespan of auto chains. Rising demand from OEMs and aftermarket growth owe to increasing market value of auto chains in India.



The automobile segment majorly comprises of passenger and commercial vehicles, two wheelers, three wheelers and other LCV, HCV and MUVs. The highest demand for auto chains is driven from two wheelers segment as in terms of production. Two wheelers contribute 78.6% to the overall Indian automobile market. This segment is the leader of the India auto chain market owing to preference of two wheelers in the country owing to their competitive price coupled with traffic congestion. The primary growth drivers of India drive and timing chain market are increasing preference of automotive chains over auto-belts, ‘Make in India’ initiative, high demand from OEMs and aftermarket, increasing automobile sales and very low market penetration of automobiles in India.  The Government of India is focusing a lot on ‘Make in India’ initiative to make India a global manufacturing hub which has aided multinational as well as domestic companies to manufacture within the country.
India is poised to be one of the fastest growing auto chain markets worldwide, thus catering to the needs of both global and domestic players such as OEMs and aftermarket.

The report titled “India Drive and Timing Chain Market Outlook to 2022 – OEM Demand is Expected to Flourish in the Outlook Period” by Ken Research suggested a growth at a CAGR of 12.5% in revenue in India Auto Chain Market in next 5 years till FY’2022.

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Increasing Market Penetration of Automobiles in India, ‘Make in India’ initiative and Increasing Investment in Automobile Industry will boost India Roller Chain Market: Ken Research

  • India auto chain market value will escalate in the future owing to increasing automobile sales in the country. Innovation, technological advancement and low market penetration has resulted in increasing investment in India automobile industry.
  • India auto chain market is majorly driven by high demand by OEMs and aftermarket. Indian Government introduced ‘Make in India’ initiative in 2014 which has brought ease for foreign players to manufacture auto chains and automobiles in India and sell at lower cost, avoiding excise duties and taxes.
  • Auto chain companies’ focus on increasing their exports and enhancing production levels & production capacities would aid in sustaining growth of the market.


Indian market has huge potential for automobiles as there are only 20 passenger vehicles, 5 commercial vehicles and 108 two wheelers per 1,000 persons. Automobile companies are enhancing their product reach with a vision to capture untapped markets. TI Diamond Brand Sales in India Market report, Roller Chain Suppliers in India, Manufacturers
Transmission Chain India, Diamond Chain Market Share India,  Rombo Chain Manufacturer in India, Transmission drive chain SKF india, Renold  Transmission Chain Sales India, Timing Chain Market Trends, Roller Chains Sales in India Increasing market penetration of automobiles in India will positively affect the sales of automobiles and with rise in the sales and production of automobiles, the demand for auto chains in the market will rise exponentially. It has been anticipated that India will be the third largest manufacturing hub of automobiles by 2020 majorly owing to various Government initiatives, ease in Government policies, huge untapped markets, increasing manufacturing facilities of automobile manufacturers, increasing disposable income and enhancing production capacities. As the demand of auto chains is directly linked with the sales of automobiles, rise in revenues of auto chains is expected in future.
The Modi Government introduced ‘Make in India’ initiative on September 25th, 2014. The primary goal of this initiative is to make India a global manufacturing hub, by encouraging both multinational as well as domestic companies to manufacture their products within the country. Make in India has introduced multiple new initiatives, promoting foreign direct investment, implementing intellectual property rights and developing the manufacturing sector. This initiative has aided the domestic as well as foreign manufacturing companies through its easy reforms and regulations to setup businesses in India. Many automobile manufacturers have entered the market since 2014 owing to ease of business.
Increasing two wheeler sales, rising demand of four wheeler and commercial vehicles, increasing proportion of used cars and rising exports value are some other key factors that may have positive impact on the market creating additional and replacement demand in the future, according to the Analyst at Ken Research.
Ken Research in its latest study, India Drive and Timing Chain Market Outlook to 2022, suggests that demand for auto chains in the market will continue to dominate in India owing to rising household income, easy interest rates, availability of cheaper automobile models and increasing awareness on using good quality chains. The export value will increase in future on account of cheaper products and increasing companies’ dealership network.
India drive and timing chain market is estimated to register a positive CAGR growth during FY’2017 – FY’2022. Increase in automobile sales in future and ‘Make in India’ are expected to be key drivers for spiked demand in India auto chain market. The report provides information on components of auto chains, market size by revenue, market segments by type of chains, by vehicle, by OEMs and aftermarket, by sectors and by market structure, value chain process for auto chains, trends and developments in the market, key issues and challenges in the market, norms and regulations for auto chains, trade scenarios in India, investment model for setting up auto chain manufacturing plant, porter’s five force analysis, future outlook and covering competitive landscape of major companies including L.G. Balakrishnan & Bros Limited, Tube Investment of India and Rockman Industries.
Topics Covered in the Report
  • Rombo Chain Manufacturer in India
  • Transmission drive chain SKF india
  • Renold Transmission Chain Sales India
  • TI Diamond Brand Sales in India,
  • Roller Chain Suppliers in India,
  • Manufacturers Transmission Chain india,
  • Roller Chains Sales in India
  • Roller Chain Suppliers in India,
For further reading click on the link below:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-automotive-transmission-chain-market/126082-100.html
Related Reports by Ken Research
Case Study-Premium Car Exchange Market in India- Focus on Audi, BMW and Mercedes with Concentration on Marketing Initiatives
India Multi Brand Car Service Market Outlook to 2020 - Used Car Sales and Expansion of Service Network to Drive Future
India Used Two Wheeler Market Outlook to 2020 - Rising Sales through Online Channels and Potential Entry of OEMs to Foster Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

India Drive and Timing Chain Market Outlook to 2022- Ken Research

Ken Research  Latest Report On  “India Drive and Timing Chain Market Outlook to 2022OEM Demand is Expected to Flourish in the Outlook Period” provides a comprehensive analysis of automotive and industrial transmission and timing roller chains in India. The report focuses on overall market size of India drive and timing chains market, components of auto chains, market size by revenue, market segments by type of chains, by vehicle, by OEMs and aftermarket, by sectors and by market structure. The report also includes value chain process for auto chains, trends and developments in the market, key issues and challenges in the market, norms and regulations for auto chains, trade scenarios in India, investment model for setting up auto chain manufacturing plant, competitive landscape of major companies including L.G. Balakrishnan & Bros Limited, Tube Investment of India and Rockman Industries. The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.


India Auto Chain Market
Automotive chains market includes drive chains and cam or timing chains. Drive chains are majorly used to transmit the power or energy to the wheels of the vehicle. Timing or cam chain forms an integral part of the internal combustion engine, which aids in controlling the timing of engine valves. The length of the transmission drive chain depends on the type of vehicle and the engine. India auto chain market is dominated by 3 major players- L.G. Balakrishnan & Bros Limited, Tube Investments of India and Rockman Industries.
India Auto Chain Market Size
In terms of revenue, the auto chain market is dominated by OEMs, owing to the reliability of their auto parts, quality standards, bulk purchasing power and better compatibility with vehicles. The aftermarket segment has been growing at an alarming rate owing to the rapid increase in sales of motorcycles and other vehicle and the reduced lifespan of transmission chains due to unfavorable road conditions in the country. Auto chains are majorly used in motorbikes, four wheelers, LCVs and HCVs. In terms of revenue, the auto chain market escalated from INR ~ billion during FY’2012 to INR ~ billion during FY’2017 at a CAGR ~% during FY’2012 – FY’2017.
India Drive and Timing Chain Market Segmentation
By Chain Type: In terms of chain type, India auto chain market is divided into two major segments, namely- drive chain and cam chain. The drive chain segment has dominated the auto chain market as they have a lower lifespan compared to cam chains. In FY’2017, drive chain segment has dominated the auto chain market, contributing ~% revenues to the overall Indian auto chain market. Cam chain segment incorporated ~% to the overall auto chain market revenue during FY’2017.
By Vehicle Type: In terms of revenue and production, the two wheeler segment has dominated the overall auto chain market. The sale of auto chain for two wheelers accounted for ~% of the overall market revenues during FY’2017. The sale of auto chains for four wheelers accounted for ~% overall market revenues during FY’2017.
By OEM and Aftermarket Segment: The OEM segment has dominated the auto chain market, accounting for ~% of the revenue in the overall auto chain market during FY’2017. The aftermarket sales market contributed ~% to overall auto chain market revenues during FY’2017.
By Market Structure: The organized market dominated accounting for ~% of the overall market revenues during FY’2017. Unorganized players in the industry cater to the needs of retailers and small scale companies which contribute ~% revenues to the overall auto chain market.
By Sectors: Automotive sector dominates the auto chain market owing to prominent use of drive and cam chains in automobiles. Auto chain sale for automotive sector accounted for ~% of the overall market revenues during FY’2017. Auto chains for the industrial sector accounted for ~% of the overall auto chain market revenues during FY’2017.
Competitive Landscape
India auto chain market is dominated by three major players, namely- L.G. Balakrishnan & Bros Limited, Tube Investments of India and Rockman Industries. L.G. Balakrishnan & Bros Limited is the largest auto chains manufacturer and distributor in India. The company’s automotive chain brand ‘Rolon’ accounted for ~% of the company’s revenues Tube Investment of India is the second largest player in the automotive chain market, manufacturing under brand name ‘Diamond’. The company accounted for ~% of overall auto chain market revenues in the country during FY’2016. The company has been expanding its presence in the aftermarket. Rockman Industries Ltd is the third largest manufacturer of auto chains in India posting ~% revenues in the auto chain industry.
Future Outlook
The future prospects of the automotive chain market in India are quite promising as the automobile production and investment is expected to increase in the coming years. India auto chain market is anticipated to grow at a positive CAGR of ~% during FY’2017 – FY’2022.

Key Topics Covered in the Report
  • India Drive and Cam Chain Market Overview and Genesis
  • Value Chain Analysis of India Auto Chain Market
  • India Automotive Chain Market Size, FY’2012 – FY’2017
  • India Auto Chain Market Segmentation by market structure, by chain type, by sector, by vehicle and by OEMs and aftermarket
  • Trade Scenario for Auto Chain in India
  • Trends And Development In India Auto Chain Market
  • Issues and challenges in India Auto Chain market
  • Porter’s Five Forces Analysis for India Auto Chain Market
  • Market Share and Competitive Profile of Major Players in India Auto Chain Market
  • India Auto Chain Market Future Outlook and Projections
  • Analyst Recommendations
For further reading click on the link below:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-automotive-transmission-chain-market/126082-100.html
Related Reports by Ken Research
Case Study-Premium Car Exchange Market in India- Focus on Audi, BMW and Mercedes with Concentration on Marketing Initiatives
India Multi Brand Car Service Market Outlook to 2020 - Used Car Sales and Expansion of Service Network to Drive Future
India Used Two Wheeler Market Outlook to 2020 - Rising Sales through Online Channels and Potential Entry of OEMs to Foster Growth 
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249