This article is organized and first published by QYResearch analysts. If reprinted, please indicate the source

Publisher: QYR

Release date: October 9, 2017

According to the data analysis of market research agency QYResearch, the total output value of the rigid chain actuator market in 2011 was about 20.66 million U.S. dollars, reaching 29.97 million U.S. dollars in 2015, 33.51 million U.S. dollars in 2016, and forecasting to reach 49.85 million U.S. dollars in 2021 The average annual growth rate from 2016 to 2021 is 8.27%. The main reasons for promoting this market are national policy support, technological advancement and increasing demand for downstream applications.

The sales of rigid chain actuators reached 16,017 sets in 2016, and it is forecasted to reach 27,318 sets in 2021, with an average annual growth rate of 11.27% from 2016 to 2021. Market-leading brands include Serapid, Tsubakimoto Chain, Framo Morat and Jiangsu EF. In 2016, they accounted for more than 80% of the global production market.

Rigid chain actuators are mainly concentrated in North America, Europe, Japan, China and other countries and regions. In 2016, Europe had the highest sales market share (accounting for 30.90% of total world sales), followed by North America (accounting for 27.43% of total world sales) and Japan (accounting for 20.58% of total world sales), with China being the most Potential area.

Rigid chain actuators are mainly used in the field of lifting stages and industrial machinery, and the application of lifting stages accounts for more than 60% of the global market. There are two types of rigid chain actuators: single chain actuators and double chain actuators.

Despite the fierce market competition for rigid chain actuators, due to the increasing awareness of end users, the country’s emphasis on equipment, especially new technologies, and the introduction of relevant replacement policies and regulations have greatly promoted the development of rigid chain actuators. In the future, more new investments will enter this field. In the next five years, the total consumption value will continue to increase. Rigid chain actuator technology will be further developed.