Global Roller Chain Market Growth 2023-2029

Global Roller Chain Market Growth 2023-2029

The global Roller Chain market size is projected to grow from US$ 2921.8 million in 2022 to US$ 3797.9 million in 2029; it is expected to grow at a CAGR of 3.8% from 2023 to 2029.

Tsubaki is the largest manufacturers of Roller Chain in the world, has a share about 20%. Other players include Iwis, The Timken Company, KMC, etc. Asia-Pacific is the largest market, has a share about 37%, followed by North America and Europe, with share about 28% and 26%, separately. In terms of product types, single strand is the largest market segment, occupying for a share of above 70%. In terms of product applications, Roller Chain is mainly used in motorcycles and bicycles, with a market share of about 23%, followed by food processing machinery.

Roller chain is one of the most commonly used products in power transmission. Most often, the power is conveyed by a roller chain, known as the drive chain. The roller chain passes over a sprocket, with the teeth of the sprocket meshing with the holes in the links of the chain. The sprocket is turned, and this pulls the roller chain, putting mechanical force into the system.

Roller chains play a significant role in efficient energy transmission between several machinery parts, ensuring that you keep energy loss to a minimum during processes that require shifting gears. roller chains are integral in agricultural, heavy-duty and domestic machinery due to their excellent power-to-weight ratio and effectiveness when transmitting torque over a distance. You can utilize roller chains in several types of machinery that involve power transmission, including vehicles, conveyors and industrial equipment.

Roller chains provide a convenient, straightforward solution to transferring mechanical energy in industrial equipment with their unique design. Regardless of scale and application, whether heavy-duty machinery or lightweight conveyor systems, can use roller chains to improve your production output. These chains reduce the friction between machine parts considerably, resulting in less tear, saving costs on repairs.

LPI (LP Information)' newest research report, the “Roller Chain Industry Forecast” looks at past sales and reviews total world Roller Chain sales in 2022, providing a comprehensive analysis by region and market sector of projected Roller Chain sales for 2023 through 2029. With Roller Chain sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Roller Chain industry.

This Insight Report provides a comprehensive analysis of the global Roller Chain landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Roller Chain portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Roller Chain market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Roller Chain and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Roller Chain.

This report presents a comprehensive overview, market shares, and growth opportunities of Roller Chain market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single Strand
Double Strand
Multiple Strand

Segmentation by application
Automotive Industry
Motorcycles and Bicycles
Agricultural Machinery
Food Processing Machinery
Material Handling Equipment
Packaging Machinery
Construction Industry
Oil, Gas and Mining
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tsubaki
Iwis
The Timken Company
KMC
Daido Kogyo
Renold
Hangzhou Donghua Chain Group
Qingdao Choho Industrial
Catensys (Schaeffler)
Zhejiang Hengjiu Machinery Group
SKF
L.G.Balakrishnan & Bros Ltd
SFR Chain Group
Rexnord
Ketten Wulf
Regina Chain
Wantai Chain Transmission
Oriental Chain
HKK Chain
Vision Group
Ewart Chain
PEER Chain
Allied Locke Industries
P.T. International

Key Questions Addressed in this Report

What is the 10-year outlook for the global Roller Chain market?

What factors are driving Roller Chain market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Roller Chain market opportunities vary by end market size?

How does Roller Chain break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.