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Global Timing Belt market will reach 3500 million US$ by the end of 2025, growing at a CAGR of 3.2% during 2018-2025

02-20-2019 01:40 PM CET | IT, New Media & Software

Press release from: Research Trades

Global Timing Belt market will reach 3500 million US$ by the end

This report studies the global Timing Belt market status and forecast, categorizes the global Timing Belt market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

This report studies the Timing Belt market. Timing belt is a synthetic rubber belt, which reinforced with fiber cords. It is a ribbed belt placed in a specific configuration along one side of automobile engine to keep crank and camshafts timed properly. When the engine is on, the crankshaft converts linear energy from the pistons into rotational energy. The rotating wheel drives the timing belt and eventually the timing belt drives the two camshaft opens and closes the engine's valves to allow air and gas in and out of the engine. If the timing belt does not work well, the pistons and valves may collide, so drivers should replace timing belt regularly.

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At present, there are a mass of manufacturers in the market. Leading five companies in the market are Gates, Continental, BANDO, DAYCO and Tsubakimoto, together occupying about 40% market share in 2016. Other major manufacturers in the market are Forbo, Hutchinson, OPTIBELT, Bosch, Mitsuboshi, Timken, Schaeffler, Habasit, ACDelco, SKF, Megadyne, Federal-Mogul, Wuxi Belt, DRB, Ningbo Jiebao, Shanghai Wutong, Ningbo Fulong and Zhejiang Kaiou etc.

As downstream demand grows and technical barriers become less, there will be a huge market space for timing belt. To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of new entrants and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, timing belt market will still be a market of fierce competition.

The global Timing Belt market is valued at 2720 million US$ in 2017 and will reach 3500 million US$ by the end of 2025, growing at a CAGR of 3.2% during 2018-2025.

The major manufacturers covered in this report
Gates
Continental
BANDO
DAYCO
Tsubakimoto
Forbo
Hutchinson
OPTIBELT
Bosch
Mitsuboshi
Timken
Schaeffler
Habasit
ACDelco
SKF
Megadyne
Federal-Mogul
Wuxi Belt
DRB
Ningbo Jiebao
Shanghai Wutong
Ningbo Fulong
Zhejiang Kaiou

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Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Rubber Belt
PU Belt

By Application, the market can be split into
Automotive
Industrial
Others

The study objectives of this report are:
To analyze and study the global Timing Belt capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Timing Belt manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Timing Belt are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Timing Belt Manufacturers
Timing Belt Distributors/Traders/Wholesalers
Timing Belt Subcomponent Manufacturers
Industry Association
Downstream Vendors

Know More @ https://www.researchtrades.com/report/global-timing-belt-market-professional-survey-report-2018/1658124

About Research Trades:
Research Trades has team of experts who works on providing exhaustive analysis pertaining to market research on a global basis. This comprehensive analysis is obtained by a thorough research and study of the ongoing trends and provides predictive data regarding the future estimations, which can be utilized by various organizations for growth purposes.

Contact us:
Email: sales@researchtrades.com
Call us: +1 6269994607 / +91 7507349866
Skype ID: researchtradescon
Web: www.researchtrades.com

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