Press release
Drag Chain for Machine Market to reach USD 153.20 Bn by 2029, emerging at a CAGR of 8.4 percent and forecast 2023-2029
Drag Chain for Machine Market
Maximize Market Research Pvt Ltd, a leading market research firm, has published a comprehensive market research report on the Global Drag Chain for Machine Market. The report reveals that the market was valued at USD 80.35 Million in 2021 and is expected to reach USD 153.20 Million by 2029, exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period from 2022 to 2029.
The Global Drag Chain for Machine Market report provides insights based on extensive research and analysis. The market is segmented by type, material, and application. Types include open and closed, materials encompass plastic, steel, and others, and applications range from CNC machine tools, glass machinery, electric machinery, to others. The report covers regional insights for North America, Asia Pacific, Europe, Middle East & Africa, and South America.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/149255
Drag Chain for Machine Market Dynamics:
Cable drag chains, known as energy chains, are crucial components used in various industries to support, guide, and safeguard cables, hydraulic lines, and hoses during machine movement. The report highlights that the market is driven by factors such as growing applications in corrosive environments, increasing focus on processing industries and manufacturing, rising installations of CNC machines, and the adoption of new and enhanced materials. However, it also addresses challenges, including the degrading operational characteristics of drag chains at elevated temperatures.
North America is expected to dominate the Global Drag Chain for Machine Market, with the United States leading the industry due to its strong position in manufacturing and the constant need for production capacity improvement.
Europe is witnessing growth, primarily driven by investments in electronic equipment and automation applications. In the Asia Pacific region, countries like China, India, and Japan are experiencing significant growth, thanks to expanding industrial infrastructure, urbanization, and investments in various sectors.
Drag Chain for Machine Market Regional Insights:
The market is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America. Key regional highlights include:
North America: The United States is set to dominate the market due to its strong manufacturing and industrial sectors, coupled with investments in machine tool industries and automatic equipment.
Europe: European markets benefit from increasing finances for installing drag chains in electronic equipment, such as injection robotics, moulding machines, and automated warehousing applications.
Asia Pacific: China, India, Japan, and Southeast Asian nations are expected to lead the market growth, driven by expanding industrial infrastructure, population migration to urban areas, and investments in hydrocarbon assets.
Cavotec: The company is expanding its presence in Asia and worldwide by inaugurating a new office in Malaysia, catering to the growing industrial installations in the region.
Igus GmbH: Focusing on acquiring new contracts through its branches to strengthen its position in the market, Igus GmbH offers a wide variety of cable product offerings, including cable carriers for CNC equipment.
Leoni Factory Automation: The company recently sold most of its industrial business to BizLink Holding Inc., marking an important milestone in its path toward long-term stabilization and focusing on the Wiring System Division.
Request For Free Inquiry Report Summary@:https://www.maximizemarketresearch.com/inquiry-before-buying/149255
Drag Chain for Machine Market Segmentation:
by Type
• Open
• Closed
by Materials
• Steel
• Plastic
• Others
by Application
• CNC Machines Tools
• Glass Machinery
• Electric Machinery
• Others
Request a Free Sample Copy or View Report @:https://www.maximizemarketresearch.com/request-sample/149255
Drag Chain for Machine Market Key Players:
• igus GmbH (Germany)
• Murrplastik Systems, Inc. (U.S.)
• HELUKABEL GmbH (Germany)
• Brevetti Stendalto S.p.A. (Italy)
• Lapp Group (Germany)
• Hennig (U.S.)
• RR Kabel Limited (India)
• Arno Arnold GmbH (Germany)
• Cavotec (Switzerland)
• Ekd Gelenkrohr GmbH (Germany)
• Dynatect Manufacturing, Inc. (U.S.)
• LEONI Factory Automation (Germany)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/drag-chain-for-machine-market/149255/
Table of content for the Drag Chain for Machine Market includes:
1. Global Drag Chain for Machine Market: Research Methodology
2. Global Drag Chain for Machine Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Drag Chain for Machine Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
More Related Reports:
Global Printed Circuit Boards (PCBs) Market : https://www.maximizemarketresearch.com/market-report/global-printed-circuit-boards-pcbs-market/113492/
Global Light Commercial Vehicle Market : https://www.maximizemarketresearch.com/market-report/global-light-commercial-vehicle-market/66594/
Global Humic acid Market : https://www.maximizemarketresearch.com/market-report/global-humic-acid-market/54979/
Hydrogen Fuel Cell Vehicle Market : https://www.maximizemarketresearch.com/market-report/hydrogen-fuel-cell-vehicle-market/184548/
global Allergy Treatment Market : https://www.maximizemarketresearch.com/market-report/allergy-treatment-market/37309/
Sodium Ion Battery Market : https://www.maximizemarketresearch.com/market-report/sodium-ion-battery-market/147535/
Medical Imaging Market : https://www.maximizemarketresearch.com/market-report/global-medical-imaging-market/3151/
Customer Relationship Management Market : https://www.maximizemarketresearch.com/market-report/global-customer-relationship-management-market/66380/
Precision Farming Market : https://www.maximizemarketresearch.com/market-report/global-precision-farming-market/6669/
Silicone Market : https://www.maximizemarketresearch.com/market-report/global-silicone-market/73842/
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Drag Chain for Machine Market to reach USD 153.20 Bn by 2029, emerging at a CAGR of 8.4 percent and forecast 2023-2029 here
News-ID: 3240353 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Commercial Kitchen Appliances Market Poised for Robust Growth, Expected to Reach …
The global Commercial Kitchen Appliances Market, valued at US$ 101.65 billion in 2023, is witnessing strong momentum driven by the rapid expansion of the foodservice industry, technological innovation, and evolving consumer lifestyles. According to the latest market analysis, the industry is projected to grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2030, reaching nearly US$ 160.05 billion by the end of the forecast period.
Commercial kitchen…
E-Bike Market Poised for Robust Expansion, Projected to Reach USD 153.42 Billion …
The global E-Bike Market is entering a transformative growth phase, underpinned by accelerating demand for eco-friendly transportation, rapid advances in battery and motor technologies, and strong policy support for sustainable urban mobility. Valued at USD 60.65 Billion in 2024, the market is projected to expand at a compound annual growth rate (CAGR) of 12.3% from 2025 to 2032, reaching nearly USD 153.42 Billion by 2032. As cities worldwide seek to…
Data Center Liquid Immersion Cooling Market Set for Rapid Expansion, Driven by H …
Data Center Liquid Immersion Cooling Market to Grow from USD 640.94 Million in 2023 to USD 3,340.83 Million by 2030, Registering a Robust CAGR of 26.6% (2024-2030)
The global Data Center Liquid Immersion Cooling Market is witnessing a transformative phase as data center operators worldwide seek advanced, energy-efficient cooling solutions to address rising power densities, sustainability mandates, and escalating operational costs. Valued at USD 640.94 million in 2023, the market…
Exosomes Market Forecast: USD 3,430.99 Million Opportunity by 2032
Exosomes Market size was valued at USD 423.2 Mn in 2024 and is expected to reach USD 3430.99 Mn by 2032, at a CAGR of 29.90
The global exosomes market is currently poised for explosive growth, fundamentally driven by the paradigm shift toward non-invasive diagnostics and the rising prominence of "liquid biopsies" in oncology. Once considered mere cellular waste, these extracellular vesicles are now recognized as critical mediators of intercellular communication,…
More Releases for Machine
Concrete Block Machine market: Lucrative Segments and their Underlying Factors | …
"
The Concrete Block Machine global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key…
Agriculture Machine to Machine (M2M) Agriculture Machine to Machine (M2M)
Global Agriculture Machine to Machine (M2M) market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are conducted on a regional and country level to prepare development plans and analyse the market…
Machine To Machine (M2M) Connections Market
Machine to Machine (M2M) Connections Market Research study which offers insights of in-depth research on historic and current market size along with the expected future prospects of the market and emerging trends in the market. The Machine to Machine (M2M) Connections Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Machine to Machine (M2M) Connections Market.
Mobile, other connected…
Drilling Machine Market by Type (Sensitive Drilling Machine, Upright Drilling Ma …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in drilling machine. Moreover, various domestic players are investing in the automotive and military & defense sectors, which is anticipated to boost the demand for drilling machines and its components to complete the respective operations with reduced labor cost and high precision of work within optimized time. Furthermore, the drilling machine market is…
Drilling Machine Market Report 2018: Segmentation by Type (Portable Drilling Mac …
Global Drilling Machine market research report provides company profile for Halliburton, Atlas Copco, Torquado Drilling Accessories, DATRON, DMTG, DMG MORI, SMTCL, NewTech Drilling Products, Baker Huges, Cheston, National Oilwell Varco and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the…
Washing Machine Market Report 2018: Segmentation by Washing Machine Type (Drum-t …
Global Washing Machine market research report provides company profile for Frigidaire (US), Arbreau (US), Kenmore (US), ECOAP (China), Turbo Series (Korea), Avanti (Denmark), Fisher & Paykel (New Zealand), Globe House Products (US), GE (US), LG (Korea), Electrolux (Sweden), Samsung (Korea), Speed Queen(US), Bosch (Germany) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018…
