openPR Logo
Press release

Automotive Belts Market Analysis, Segments, Growth and Value Chain 2016-2026

03-01-2017 11:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Automotive Belts Market Analysis, Segments, Growth and Value

Automotive Belts are power transmission belts that provide a connective link between two parallel rotating shafts, these shafts are fixed with pulleys upon which the belt is looped. Hence, power transmission occurs by friction from the driving shaft to the driven shaft smoothly through these belts. Automotive belts are also utilized as timing belts to synchronize the functions of engine valves via a camshaft. Automotive belts used in vehicles are designed as endless belts and are commonly manufactured from materials such as neoprene, chloroprene, and ethylene propylene diene monomer rubber (EPDM rubber). The inner surface and the cross sectional area of the automotive belt differs according to the function the belt needs to perform. Automotive functions such as air-conditioning, power steering function, water pump function and drive alternator are performed by the V-belt while valve timings through the camshaft is usually performed by the toothed belt. Serpentine belts are newer form of automotive belts where all the automotive functions, collectively known as engine accessories, are performed by the connections through a shaft and pulley system is done by a long single endless belt. This form of belt negates the usage of multiple V-belts in an automotive engine.

Automotive Belts Market Dynamics

The Production numbers of automobile worldwide is on a constant increase on a yearly basis as per the demands witnessed in many developing countries. This factor is the prime reason for fueling the growth of the automotive belts market. Automotive belts primarily function through friction between the pulley and the belt which is susceptible to wear and tear due to continuous usage leading to decreased performance, engine efficiency and slippage. This problem is usually rectified by the replacement of the belt prompting the growth of the automotive belt market in the aftermarket segment as well. The influence of the Environmental Protection Agency to reduce greenhouse gases emission and control of pollution has pushed the automotive vehicles manufacturers to produce highly efficient and less polluting engines that require very precise and long lasting automotive belt. This factor has also fueled the growth of automotive belts market as more and more vehicle manufacturers opt for belts that are efficient and environmental friendly.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1785

Automotive Belts Market: Segmentation

Automotive Belts Market can be segmented by vehicle type, sales channel and type.

By vehicle type, automotive belts can be segmented as:

Passenger vehicles

Light Commercial vehicles

Heavy Commercial vehicles

By sales channel, it can be segmented as:

Original Equipment Manufacturer

Aftermarket

By type, it can be segmented as:

Timing Belts

Drive Belts

Single V-Belt

Multi-function V-Belt/Serpentine Belt

Automotive Belts Market: Regional Outlook

The Global Automotive Belts market can be segmented into seven distinct geographical divisions such as North America, Latin America, Western and Eastern Europe, Asia-Pacific Excl. Japan (APEJ), Japan, Middle East and Africa. Developing countries in Latin America and the Asia Pacific region such as Mexico, China and India witnessed the fastest growth of automobile production and sales which can further fuel the improvement of automotive belts market. In APEJ region China, South Korea, and India are the top automobile producing countries making them prominent market for automotive belts. In the North American region U.S. is anticipated to show high growth of automotive belts market owing to improved production of automobiles. Western Europe is exhibited to show a prominent growth of automotive production especially in countries such as Germany, Spain, France, U.K., and Italy hence enhancing the market for automotive belts in Western Europe. The increasing trend of reselling automobiles in the Middle East and Africa region has prompted an improvement in the demand for automotive belts, thereby improving the market in the aftermarket segment.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1785

Automotive Belts Market: Key Players

Some of the major players identified in the Global Automotive Belts Market are

Gates Corporation

Midas International Corporation

Mitsuboshi Belting Ltd. Group

Helicord Transmissions Pvt. Ltd.

B&B Manufacturing

The Carlstar Group LLC

Continental AG

Bearings and Power Transmission Solutions

CRP Industries Inc.

BG Automotive

Hutchinson Group

Bando Chemical Industries Ltd.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
press@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Automotive Belts Market Analysis, Segments, Growth and Value Chain 2016-2026 here

News-ID: 452843 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Belt

Belt Conveyor | Inclined Belt Conveyor | Flat Belt Conveyor - Technovision
General: We specialize in manufacturing qualitative range of Belt Conveyor which find wide application in various fields to move diverse unit loads & bulk materials. Our conveyors are highly in demand in mining operation, foundries, bagasse handling in co-generation plants granaries, coal handling plants, bag handling in sugar godowns and packing industries. They are used in handling loads from one location to another within the process in line production. The Belt
Belt Tensioners Market Report 2018: Segmentation by Type (Engine Belt Tensioner, …
Global Belt Tensioners market research report provides company profile for Toolee Industrial, Nozag AG, NTN, Dayco, Gates Europe, Mubea, Tsubakimoto, KMC Automotive, Pricol Limited, Madler GmbH 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 year 2018 to 2025,
Seatbelt Retractors Market Report 2018: Segmentation by Type (Belt-In-Seat, Six- …
Global Seatbelt Retractors market research report provides company profile for Takata, Joyson Safety Systems, Robert Bosch, Denso, Continental, Tokai Rika, Autoliv, Hyundai Mobis, TRW Automotive, Toyoda Gosei 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 year 2018 to
Active Seatbelt Market Report 2018: Segmentation by Type (Belt-In-Seat, Six-Poin …
Global Active Seatbelt market research report provides company profile for Special Devices, Far Europe, HYUNDAI MOBIS, ITW Safety, Iron Force Industrial, Autoliv, Tokai Rika, Bosch, Takata Corporation, DENSO 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 year 2018
Belt Tension Meter Market Report 2018: Segmentation by Product (V belt, Flat bel …
Global Belt Tension Meter market research report provides company profile for HAAG-STREIT, Nidek, Icare, Kowa, Tomey, Keeler, Reichert, TOPCON 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 year 2018 to 2025, etc. The report also provides detailed segmentation
Six Sigma Green Belt | Six Sigma Green Belt Training
Green Belts are people that work on basic process improvement projects. Customarily, their activity would require less than 50% of their time be centered around Six Sigma ventures. Be that as it may, Green Belt parts and jobs prerequisites will fluctuate between organizations. Six Sigma San Antonio https://www.6sigma.us/six-sigma-san-antonio-tx.php A Green Belt certification is perfect for those that will be entrusted with enhancing existing procedures, these could be forms that are not