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
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-automotive-transmission-chain-market/126082-100.html
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+91-9015378249
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
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-automotive-transmission-chain-market/126082-100.html
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
