Market Research Report Diamond Chain Market Share India,Rombo Chain Manuf | Page 11

July 2017
India Drive and Timing Chain Market Outlook to 2022
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.
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