Press release
Global Automotive Timing Belt Market to grow at a CAGR of 2.90% during the period 2017-2021
About Automotive Timing Belt
The timing belt, also called as timing chain or cam belt synchronizes the rotation of the crankshaft and the camshaft for opening and closing the vales during intake and exhaust strokes. It is one of the most critical components in internal combustion engines (ICEs). This is because it operates and controls the number of revolutions of the camshaft, which defines the power generated by the engine.
Technavios analysts forecast the global automotive timing belt market to grow at a CAGR of 2.90% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive timing belt market for 2017-2021. To calculate the market size, the report considers the new shipments and aftermarket sales of the timing belt.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Timing Belt Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
B&B MANUFACTURING
THE CARLSTAR GROUP
ContiTech (Continental)
J.K. Fenner (India) Limited
Gates Corporation
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Other prominent vendors
ACDelco
Bando USA
Federal-Mogul Motorparts Corporation
Dayco
Goodyear
Ningbo Beidi Synchronous Belt
Ningbo Fulong Synchronous Belt
SKF
Tsubaki
MAHLE Aftermarket
Market driver
Improvement in aftermarket segment
For a full, detailed list, view our report
Market challenge
Increase in annual wage leading to declining profit margins
For a full, detailed list, view our report
Market trend
Use of thermally-stable materials for producing timing belts
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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