|Collaborative Business Models Set to Catalyze Growth in the Global Belt and Chain Drives Market, 2020–2024|
|New Product Development Aimed at Improving Efficiency will Drive Growth Opportunities|
This study provides information on the global belt and chain drives market. It lists the major trends and the prevailing scenario across all regions and discusses the major drivers and challenges that will impact the market in the future. While improvements in belt design and the use of lubrication for chains has improved the life of these products, improper use of these drives and the absence of regular maintenance impact their longevity and increase their rate of replacement.