Lucintel Forecasts the Global Sprocket Market to Grow with a CAGR of 5.5% from 2025 to 2031

According to a market report by Lucintel, the future of the global sprocket market looks promising with opportunities in the belt drive system and chain drive system markets. The global sprocket market is expected to grow with a CAGR of 5.5% from 2025 to 2031. The major drivers for this market are the increasing demand for automation, the rising adoption of electric vehicles, and the growing need for material handling systems.

A more than 150-page report to understand trends, opportunity and forecast in global sprocket market to 2031 by type (roller chain and engineering class), application (belt drive systems and chain drive systems), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, roller chain is expected to witness higher growth over the forecast period.

Within the application category, the belt drive system is expected to witness higher growth.

Download sample by clicking on sprocket market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Tsubaki, Martin Sprocket & Gear, SCS, Katayama, Linn Gear, SKF, Renold, Renqiu Chuangyi, G&G Manufacturing, Allied Locke are the major suppliers in the sprocket 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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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