Market Research Report Roller Chain Suppliers in India,Production Drive C | Page 11

July 2017
India Drive and Timing Chain Market Outlook to 2022
HOW IS INDIA DRIVING AND TIMING CHAIN MARKET
POSITIONED?
Licenses:
Single User: USD 1200
Hard Copy: USD 1600
Enterprise wide: USD
2400
Pages: 118
Related Reports
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
Automotive chain is an essential India auto chain market caters
link used to transmit energy from to the demand of two major
the engine to the rear driving segments- OEMs and the
(replacement)
wheel via sprockets. Auto chains aftermarket
are majorly used in motorbikes, segment. In terms of revenue,
commercial vehicles, cars and a the auto chain market is
wide
variety
of
machines. dominated by OEMs, owing to
Automotive chains vary in size, bulk purchasing power and
compatibility
with
depending upon the power to be better
The
aftermarket
transferred. Automotive chains vehicles.
include drive chains and cam or segment has been growing at an
timing chains. Drive chains are alarming rate owing to the rapid
majorly used to transmit the increase in sales of motorcycles
power or energy to the wheels of and other vehicle and the
the vehicle. Timing or cam chain reduced lifespan of transmission
forms an integral part of the chains due to unfavorable road
internal
combustion
engine, conditions in the country. Auto
which aids in controlling the chains are majorly used in
four
wheelers,
timing of engine valves. The motorbikes,
length of the transmission drive LCVs and HCVs. In terms of
chain depends on the type of revenue, the auto chain market
vehicle and the engine. India auto escalated from INR ~ billion
HOW INDIA ENGINE VALVES AND PARTS MARKET IS
chain market is dominated by 3 during FY’2012 to INR ~ billion
POSITIONED?
major players- L.G. Balakrishnan during FY’2017 at a CAGR ~%
& Bros Limited, Tube Investments during FY’2012 – FY’2017.
of India and Rockman Industries.
Figure: India Drive and Timing Chain Market Size by Revenue in INR Billion, FY’2012-FY’2017
FY'2012
FY'2013
FY'2014
FY'2015
FY'2016
FY'2017
© Licensed product of Ken Research; should not be copied
11