Industrial Power Transmission Market size, share & forecast

1. Presents a Research Report on Industrial Power Transmission Market Industrial Power Transmission Market is Segmented by Transmission Type (Belt and Chain), by Application Type (General Industries, Energy & Others, Construction Materials, Food & Beverage, Warehouse & Distribution, Lumber & Aggregates, and Agriculture), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Industrial Power Transmission Market Growth and Forecast Highlights & Drivers The industrial power transmission market is expected to grow at a respectable CAGR of 3.4% to be reaching a value of US$ 11.0 billion in 2026. • The market is predicted to progressively improve in the coming years, primarily due to rising consumer acceptance. • Product demand will be boosted even more by rising investments for technological advancements. Furthermore, favorable regulatory changes and supporting industrial reforms will drive market growth. • Due to increased awareness regarding the reduction of energy loss, manufacturers are focussing on cost-effective and energy-efficient equipment. • A favorable business environment has also been created by increased manufacturing operations, especially in developing economies. • In 2020, With the abrupt breakout of the COVID-19 pandemic, the market for industrial power transmission suffered a considerable fall of -7.2%. • Companies have suffered significant losses as a result of the entire lockdown paired with a labor shortage and temporary shutdown of manufacturing plants. • www.stratviewresearch.com 2

3. Market Insights By Transmission Type • Chain is expected to remain the larger transmission type in the market during the forecast period. • The wide usage of transmission chains in the chemical, agriculture, oil & gas, pharmaceutical, mining, and construction industries is one of the primary drivers of market expansion. By Application Type • Warehouse & distribution is expected to be the fastest-growing application type in the market during the forecast period. • The warehousing & distribution business is anticipated to grow significantly due to the development of new technologies, increasing imports & exports, and the rapidly expanding e-commerce industry. By End-User Type • Aftermarket is expected to be the dominant segment of the market during the forecast period. • Old chains and belts must be replaced to smooth operations as well as to save manpower, energy, and cost. Manufacturers are switching to new and technologically advanced products. www.stratviewresearch.com 3

4. Market Insights By Region • Asia-Pacific is expected to remain the largest as well as the fastest-growing market for industrial power transmission during the forecast period. • The market of industrial power transmission will grow significantly due to rapid industrialization in developing nations like China, India, and other South-East Asian countries. • Rising energy consumption in emerging economies as well as rising investments to incorporate sustainable and efficient infrastructure are the key factors responsible for the market growth. www.stratviewresearch.com 4

5. Competitive Insights Key Companies Analysed • AB SKF • Bando Group • Continental AG • Dayco Corporate • Gates Corporation • Optibelt GmbH • Regal Rexnord • Regina Catene Calibrate Spa • Schaeffler Group • The Morse Chain • The Timken Company www.stratviewresearch.com 5

6. Research Methodology Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. Stratview Research Internal Knowledgebase Secondary Research Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others Data Analysis (Top Down and Bottom Up Approach) Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) www.stratviewresearch.com 6

7. Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: Market structure: Overview, industry life cycle analysis, supply chain analysis. • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors. • www.stratviewresearch.com 7

8. Market Segmentation By Transmission Type • Belt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Chain (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) By Application Type • General Industries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Energy & Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Construction Materials (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Warehouse & Distribution (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Lumber & Aggregates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Agriculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) By End User Type • OE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) www.stratviewresearch.com 8

9. Market Segmentation By Region • North America (Country Analysis: The USA, Canada, and Mexico) • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe) • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others) www.stratviewresearch.com 9

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