Market Research Report Roller Chain Suppliers in India,Production Drive C | Page 12
July 2017
India Drive and Timing Chain Market Outlook to 2022
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.
Table: India Drive and Timing Chain
Market Segmentation by Type of
Chains, FY’2017
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.
Table: India Drive and Timing Chain
Market Segmentation by OEM &
Aftermarket, FY’2017
Segment
Segment
Drive Chain
Cam Chain
Revenue in INR Billion
~
~
OEMs
Aftermarket
Revenue in INR Billion
~
~
© Licensed product of Ken Research; should not be copied
12