July 2017 India Drive and Timing Chain Market Outlook to 2022
Executive Summary
India Drive and Timing Chain Market Outlook to 2022- Ken Research
Ken Research Latest Report On “ India Drive and Timing Chain Market Outlook to 2022 – OEM 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 ,
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