“Lucintel’s latest study found that, The future of the global Belt And Chain Drives market looks promising with opportunities in the industrial machinery, agricultural, and automotive markets. The global belt and chain drives market is expected to reach an estimated $7.2 billion by 2030 with a CAGR of 4.4% from 2024 to 2030. The major drivers for this market are increasing demand for vehicles, especially in emerging economies and growing demand of automation from the manufacturing industry.
In this market, chain and belts are the major segments of belt and chain drives market by type.
Lucintel forecasts that belts is expected to witness higher growth over the forecast period.
Browse in depth TOC of the Belt And Chain Drives Market
100 – Figures
150-Pages
Belt And Chain Drives Market is marked by presence of several big and small players. Arntz Optibelt Group, Bando Chemical Industries, Colmant Cuvelier, Continental, ContiTech, Dayco Products, Diamond Chain Company, Gates, Hutchinson, and John Kings Chains are the major suppliers in the belt and chain drives market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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