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.

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).

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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.

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

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)

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

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Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Timing Belt market, by end-use.
Detailed analysis and profiles of additional market players.

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This release was published on openPR.