The global Automotive Chain Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Roller Chain, Silent Chain), By Application (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle).
The Automotive Chain market is a critical component of vehicle powertrain systems, providing reliable and efficient mechanical power transmission between engine components, such as the crankshaft, camshaft, and timing gears. Automotive chains, typically made of high-strength steel, transfer rotational motion with minimal slippage and noise, ensuring precise engine operation and timing. With the automotive industry's focus on performance, durability, and efficiency, the demand for high-quality automotive chains continues to grow. Manufacturers in this market focus on developing chains with advanced metallurgy, precision engineering, and surface treatments to withstand high loads, speeds, and operating temperatures while minimizing wear and friction losses. Moreover, advancements in chain technology, including silent chains, roller chains, and timing chains with integrated tensioners, drive innovation, allowing for improved reliability, longevity, and efficiency in powertrain applications. Additionally, as vehicle designs evolve to incorporate electrification and hybridization, the automotive chain market is poised for sustained growth and innovation, with opportunities for product development, customization, and market expansion across vehicle segments and regions.
The global Automotive Chain market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Automotive Chain Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Automotive Chain Market Industry include- BorgWarner Inc, DAIDO KOGYO CO. Ltd, iwis motorsysteme GmbH & Co. KG, LGB Automotive GmbH & Co. KG, Qingdao Choho Industrial Co. Ltd, Schaeffler AG, Timken India Ltd (TIDC), Tsubakimoto Chain Co..
The most prominent trend in the Automotive Chain Market is the growing demand for lightweight and fuel-efficient components. With increasing emphasis on reducing vehicle weight to improve fuel efficiency and meet emissions regulations, automotive manufacturers are seeking lightweight solutions for various vehicle components, including chains. Lightweight chains contribute to overall vehicle weight reduction, leading to improved fuel economy and lower emissions. As a result, there is a rising demand for automotive chains made from advanced materials and manufacturing processes that offer both strength and lightweight properties, driving market growth.
A major driver propelling the growth of the Automotive Chain Market is the expansion of automotive production and sales globally. The automotive industry is experiencing steady growth, fueled by factors such as rising disposable income, urbanization, and infrastructure development. This growth is particularly notable in emerging markets where increasing purchasing power and infrastructure development are driving demand for automobiles. As automotive production and sales continue to rise, the demand for automotive chains used in various vehicle systems, such as engines, transmissions, and timing drives, is also increasing, contributing to market expansion.
An opportunity for significant growth in the Automotive Chain Market lies in the integration of advanced technologies for enhanced performance. With advancements in materials science, manufacturing processes, and digital technologies, there is an opportunity to develop automotive chains with improved performance characteristics such as durability, wear resistance, and noise reduction. Manufacturers can leverage advanced materials like carbon fiber, titanium, and advanced polymers to enhance the strength and durability of chains while reducing weight. Additionally, the integration of smart technologies such as sensors and condition monitoring systems can enable real-time performance monitoring and predictive maintenance of automotive chains, enhancing reliability and reducing downtime. By embracing these advanced technologies, manufacturers can differentiate their products, meet evolving customer demands, and capitalize on the growing opportunities in the Automotive Chain Market.
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial VehicleGeographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa
BorgWarner Inc
DAIDO KOGYO CO. Ltd
iwis motorsysteme GmbH & Co. KG
LGB Automotive GmbH & Co. KG
Qingdao Choho Industrial Co. Ltd
Schaeffler AG
Timken India Ltd (TIDC)
Tsubakimoto Chain Co.
*- List not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Automotive Chain Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Automotive Chain Market Size Outlook, $ Million, 2021 to 2030
3.2 Automotive Chain Market Outlook by Type, $ Million, 2021 to 2030
3.3 Automotive Chain Market Outlook by Product, $ Million, 2021 to 2030
3.4 Automotive Chain Market Outlook by Application, $ Million, 2021 to 2030
3.5 Automotive Chain Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Automotive Chain Industry
4.2 Key Market Trends in Automotive Chain Industry
4.3 Potential Opportunities in Automotive Chain Industry
4.4 Key Challenges in Automotive Chain Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Automotive Chain Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Automotive Chain Market Outlook by Segments
7.1 Automotive Chain Market Outlook by Segments, $ Million, 2021- 2030
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
8 North America Automotive Chain Market Analysis and Outlook To 2030
8.1 Introduction to North America Automotive Chain Markets in 2024
8.2 North America Automotive Chain Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Automotive Chain Market size Outlook by Segments, 2021-2030
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
9 Europe Automotive Chain Market Analysis and Outlook To 2030
9.1 Introduction to Europe Automotive Chain Markets in 2024
9.2 Europe Automotive Chain Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Automotive Chain Market Size Outlook by Segments, 2021-2030
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
10 Asia Pacific Automotive Chain Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Automotive Chain Markets in 2024
10.2 Asia Pacific Automotive Chain Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Automotive Chain Market size Outlook by Segments, 2021-2030
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
11 South America Automotive Chain Market Analysis and Outlook To 2030
11.1 Introduction to South America Automotive Chain Markets in 2024
11.2 South America Automotive Chain Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Automotive Chain Market size Outlook by Segments, 2021-2030
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
12 Middle East and Africa Automotive Chain Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Automotive Chain Markets in 2024
12.2 Middle East and Africa Automotive Chain Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Automotive Chain Market size Outlook by Segments, 2021-2030
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
BorgWarner Inc
DAIDO KOGYO CO. Ltd
iwis motorsysteme GmbH & Co. KG
LGB Automotive GmbH & Co. KG
Qingdao Choho Industrial Co. Ltd
Schaeffler AG
Timken India Ltd (TIDC)
Tsubakimoto Chain Co.
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Roller Chain
Silent Chain
By Application
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
The global Automotive Chain Market is one of the lucrative growth markets, poised to register a 4.2% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
BorgWarner Inc, DAIDO KOGYO CO. Ltd, iwis motorsysteme GmbH & Co. KG, LGB Automotive GmbH & Co. KG, Qingdao Choho Industrial Co. Ltd, Schaeffler AG, Timken India Ltd (TIDC), Tsubakimoto Chain Co.
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume