The global industrial roller chain drives market size was US$ 2.8 billion in 2021. The global industrial roller chain drives market size is estimated to reach US$ 3.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2022 to 2030.
An industrial roller chain drive is a mechanism used to transfer mechanical power from one component or piece of machinery to another. It consists of a sprocket, which drives a roller chain by engaging its teeth between the gaps of two consecutive rollers. Thus, when the sprocket rotates, it transfers its energy to a chain that is attached to the driven sprocket on another machine, thus, transferring mechanical power.

Factors Affecting Marketing Growth

Agricultural machinery, high efficiency in power transmission, high power-to-weight ratio, and smaller footprint drive the growth of the global market.
The increase in demand for consumer and industrial products, such as consumer durables, metals, and packaging media.
With the increase in population, the demand for energy and minerals is growing rapidly. This is a major factor that drives the growth of the global market.

Impact on COVID-19 Analysis

COVID-19 had halted the production of many components of industrial roller chain drives. The economic slowdown initially resulted in a downturn in the manufacturing and mining industries. However, owing to the introduction of various vaccines, the severity of the pandemic has significantly reduced. As of mid-2022, the number of COVID-19 cases has diminished significantly. This has led to the full-fledged reopening of industrial roller chain drives manufacturing companies at their full-scale capacities.

Regional Analysis

Asia Pacific dominated the market in 2021, accounting for the largest global industrial roller chain drives market share, and is expected to maintain this trend throughout the forecast period. This is attributed to the availability of a large manufacturing industry in the region. Thus, driving the growth of the global market.

Leading Competitors
The prominent players in the global industrial roller chain drives market are:
Tripcon Engineering Pvt. Ltd
Ramsey Products Corporation
HKK Chain Corporation
Allied-Locke Industries
Wippermann junior GmbH
Regal Rexnord Corporation
Peer Chain
John Kings Chains
Ewart Chain Ltd
Diamond Chain Company
Others
Segmentation Analysis
The global industrial roller chain drives market segmentation focuses on Type, Application, End-User Industry, and Region.
Segmentation on the basis of Type
Multi-strand Chain
Other
Single-strand Chain
Double pitch Chain

Segmentation on the basis of Application
Power transmission
Conveyor

Segmentation on the basis of End User Industry
Manufacturing
Mining
Other

Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America