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