Press release
Industrial Sheaves and Pulleys Market to Reach USD 1,107.64 Million by 2030
Asia-Pacific Emerges as Fastest-Growing Region; Europe Maintains Market LeadershipIndustrial Sheaves and Pulleys Market Overview
The global industrial sheaves and pulleys market is projected to grow from USD 787.18 million in 2023 to USD 1,107.64 million by 2030, registering a Compound Annual Growth Rate (CAGR) of 5% during the forecast period . This growth is attributed to increasing automation, infrastructure development, and the demand for energy-efficient power transmission solutions across various industries.
Grab your sample copy of this report now: https://www.maximizemarketresearch.com/request-sample/92565/
Competitive Landscape and Regional Demand
Key players in the market include AB SKF, Arntz Optibelt Group, Fenner, Regal Beloit Corporation, Timken Company, U.S. Tsubaki, DMM International, Brecoflex, Mitsuboshi Belting Ltd, SAR Products, Kaman Industrial Technologies Corporation, PIX Transmissions Ltd, Tsubaki of Canada Ltd, and Harken Industrial . These companies are focusing on product innovation, strategic partnerships, and expanding their global footprint to strengthen their market position.
Europe held the largest market share in 2023, driven by the rise in e-commerce and the consequent demand for material handling equipment . The Asia-Pacific region is expected to witness significant growth, fueled by rapid industrialization and urbanization in countries like China, India, and Japan .
Growth Opportunities in Vietnam
Vietnam's rapid industrialization and infrastructure development are creating opportunities for the industrial sheaves and pulleys market. The government's focus on manufacturing and exports is leading to increased demand for efficient power transmission systems in various sectors.
Market Trends in Thailand
Thailand is experiencing growth in its automotive and manufacturing industries, leading to higher demand for industrial machinery components, including sheaves and pulleys. Investments in smart factories and automation are further propelling market growth.
Updation in Japan
Japan's emphasis on precision engineering and automation is driving the adoption of advanced sheaves and pulleys. Companies are investing in research and development to produce high-performance components that meet stringent quality standards.
Consolidation in South Korea
South Korea's industrial sector is witnessing consolidation, with major players expanding their product portfolios through mergers and acquisitions. This strategic alignment is enhancing the country's capabilities in manufacturing high-quality sheaves and pulleys.
Opportunities in Singapore
Singapore's strategic location and focus on becoming a smart nation are leading to increased investments in automation and industrial equipment. The demand for reliable and efficient power transmission components is on the rise, creating opportunities for market players.
Trends in the United States
The U.S. market is characterized by the adoption of advanced technologies and automation in various industries. The demand for high-quality sheaves and pulleys is driven by the need for efficient and reliable power transmission solutions in sectors like manufacturing, construction, and mining.
Growth in China
China's rapid urbanization and industrial growth are propelling the demand for industrial sheaves and pulleys. The government's focus on infrastructure development and manufacturing is creating a favorable environment for market expansion.
Developments in Europe
Europe's focus on energy efficiency and sustainability is driving the adoption of advanced sheaves and pulleys. The region's well-established manufacturing and automotive industries are major consumers of these components, and ongoing technological advancements are expected to support market growth .
Key Recent Developments
AB SKF announced the development of next-generation sheaves with enhanced durability and performance.
Regal Beloit Corporation expanded its global footprint by acquiring a leading manufacturer of industrial pulleys, aiming to strengthen its product portfolio.
Timken Company introduced a new line of energy-efficient sheaves designed for high-speed applications in the manufacturing sector.
Interested to take a sneak peek? Request a sample copy of the report to see what's inside: https://www.maximizemarketresearch.com/request-sample/92565/
Industrial Sheaves and Pulleys Market Segmentation:
by Type
Industrial Sheaves
Industrial Pulleys
by Product
V-Belt Sheaves
Timing Belt Sheaves
by Application
Agricultural Equipment
Material Handling
Industrial Machinery
Fast-paced advancements have been made in the field of industrial pulleys, including the introduction of numerous varieties with different breaking weight capacities. Sheave diameters for industrial pulleys range from 16 mm to 150 mm nowadays. Additionally, industrial pulleys are being used more and more in stunt work, cable laying, towing, load securing, and theatrical. The increase in demand for industrial pulleys has also been attributed to these uses.
Want to stay ahead with the latest data? Download your complimentary report sample: https://www.maximizemarketresearch.com/request-sample/92565/
Industrial Sheaves and Pulleys Market Key Players:
1.AB SKF
2.Arntz Optibelt Group
3.Fenner
4.Regal Beloit Corporation
5.Timken Company
6.U.S. Tsubaki
7.DMM International
8.Brecoflex
9.Mitsuboshi Belting Ltd
10.SAR products
11.Kaman Industrial Technologies Corporation
12.PIX Transmissions Ltd
13.Tsubaki of Canada Ltd
14.Harken Industrial
Key questions answered in Industrial Sheaves and Pulleys Market are:
What is Industrial Sheaves and Pulleys?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Industrial Sheaves and Pulleys Market?
Which factors are the lucrative opportunities for the Industrial Sheaves and Pulleys market growth?
Which factors are limiting the scope of the Industrial Sheaves and Pulleys market?
How is the intervention from regulatory authority shaping the Industrial Sheaves and Pulleys Market?
Discover What's Trending:
♦ Global UHF-RFID Inlays Market https://www.maximizemarketresearch.com/market-report/global-uhf-rfid-inlays-market/93554/
♦ Global Wheelbarrows Market https://www.maximizemarketresearch.com/market-report/global-wheelbarrows-market/91657/
♦ Global Mobile Hydraulic Equipment Market https://www.maximizemarketresearch.com/market-report/global-mobile-hydraulic-equipment-market/113038/
♦ Global Shrink Wrapping Machines Market https://www.maximizemarketresearch.com/market-report/global-shrink-wrapping-machines-market/25789/
♦ Regenerative Thermal Oxidizer Market https://www.maximizemarketresearch.com/market-report/global-regenerative-thermal-oxidizer-market/89591/
♦ Global Street Sweepers Market https://www.maximizemarketresearch.com/market-report/global-street-sweepers-market/88042/
♦ Global Crushing and Screening Systems Market https://www.maximizemarketresearch.com/market-report/global-crushing-and-screening-systems-market/117444/
♦ Global Engineered Quartz Surface Market https://www.maximizemarketresearch.com/market-report/global-engineered-quartz-surface-market/115729/
♦ Centrifugal Water Pump Market https://www.maximizemarketresearch.com/market-report/global-centrifugal-water-pump-market/31673/
♦ Global Automatic Screen Filter Market https://www.maximizemarketresearch.com/market-report/global-automatic-screen-filter-market/89387/
♦ Heavy Construction Vehicles Market https://www.maximizemarketresearch.com/market-report/heavy-construction-vehicles-market/123462/
♦ Temporary Power Market https://www.maximizemarketresearch.com/market-report/global-temporary-power-market/105417/
♦ Global Road Marking Machine Market https://www.maximizemarketresearch.com/market-report/global-road-marking-machine-market/108186/
♦ Global Industrial Dryers Market https://www.maximizemarketresearch.com/market-report/global-industrial-dryers-market/95314/
♦ Zero-Turn Mower Market https://www.maximizemarketresearch.com/market-report/zero-turn-mower-market/220645/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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 Industrial Sheaves and Pulleys Market to Reach USD 1,107.64 Million by 2030 here
News-ID: 4025456 • Views: …
More Releases from Maximize Market Research Pvt. Ltd.

Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a …
Bangladesh Ceramics Tiles Market size was valued at USD 882.56 Million in 2023 and the total Bangladesh Ceramics Tiles Market revenue is expected to grow at a CAGR of 13.71 % from 2024 to 2030, reaching nearly USD 2169.38 Million.
Bangladesh Ceramics Tiles Market Overview:
The Bangladesh ceramics tiles market is a vital component of the country's construction and building materials industry, driven by rapid urbanization, infrastructure development, and rising disposable incomes.…

Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030.
Furfural Market Overview:
The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,…

Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to …
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion.
Chemical Protective Clothing Market Overview:
The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range of…

Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR …
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion.
Prefabricated Homes Market Overview:
The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizes…
More Releases for Industrial
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Auction Services Market Auctioning Industrial Assets By 2030 | Heath …
The Report on "Industrial Auction Services Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
The industrial auction services market is a diverse and dynamic sector that encompasses a wide range of industries, including manufacturing, construction, automotive, and more. These services are utilized by companies looking to optimize their asset management, streamline operations,…
RDM Industrial Products - Laboratory and Industrial Furniture Supplier
RDM Industrial Products Inc. is one of the most reputed and leading laboratory and industrial furniture solutions supplier and manufacturer. The company was established in 1977 and has been serving their growing clientele proudly for over 40 years. Their quality products cater to industries including healthcare, electronics, biotechnology, laboratory, industrial and more. The company is based out of California and their shipments are done all across the globe. QUALITY-SERVICE-TIMING are…
Industrial Fasteners Market # industrial fasteners and supply # industrial faste …
An insightful study, titled “Global Industrial Fasteners Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). The research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.
Get…
Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Indu …
Researchmoz added Most up-to-date research on "Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Industrial PC, Box Industrial PC And Embedded Industrial PC" to its huge collection of research reports.
Industrial PC is a ruggedized system designed to perform computing applications for various industries. Industrial PC is a PC-based computing podium mainly used for data acquisition or process control, and in some cases, it is…