openPR Logo
Press release

Automotive Timing Belt Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

12-28-2017 03:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive Timing Belt Market Synopsis and Highlights, Key

Global Automotive Timing Belt Market Information Report Drive Type (Dry Belts, Chain, Belt in Oil), Component (Idler Pulley, Sprocket, Tensioner, Timing Shield), Vehicle Type (Passenger Vehicle and Commercial Vehicle) and by Regions - Global Forecast To 2023

Market Scenario

Timing belt, also known as the timing chain is a component of the internal combustion engine of a vehicle. The main function of the timing belt is to synchronize the rotation of the camshafts so as to ensure the engine valves open and close at specific times. Automotive timing belt has been witnessing steady growth over a period of time. The boom in the automotive industry is expected to positively impact the automotive timing belt market. Rising popularity of motor sports resulting in increasing demand for diverse high performance vehicles is expected to fuel the demand in the automotive timing belt market. The use of fiber-reinforced materials in the timing belt has widened the scope of the overall timing belt market. Rapidly rising rate of investment by major OEMs to intensify the strength and durability of the timing belt, is expected to positively impact the market for automotive timing belts. Technological advancements in the automotive industry has resulted in a shift in focus towards lightweight components. This has influenced timing belt manufacturers to gun for development of quicker and lighter timing belts for vehicles. Another major trend expected to propel the demand in the automotive timing belt market is the increasing rate of adoption of direct injection for automobiles.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4929

Regional Analysis

The market for automotive timing belt systems is expected to grow with an increase in demand for automobile, majorly in the U.S. There is an immense demand of commercial vehicles in the U.S With the increase in demand of commercial vehicles there has been an increase in demand for automotive timing belt market. The growth of the North America region is also driven by the presence of major automotive system manufacturers, which are mainly focusing on key developments such as expansion, mergers & acquisition, product launch and others. Existence of major manufacturers, and availability of sophisticated technology in this region, are expected to propel the demand in the automotive timing belt market during the forecast period. Owing to all these factors, the growth of the region is expected to grow at a rapid pace.

Established automotive industry in Europe aids the growth and development of the automotive timing belt market in this region. Rising vehicle product is a key factor driving the market in Europe coupled with extensive research and development activities being carried out to ensure high quality product being delivered to the customers.

Due to the presence of most populous countries of the world such as China and India, the dominance of APAC becomes evident in the global automotive timing belt systems market value. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, emerging economies, shifting of global players, and technological advancements, are giving a much needed thrust to the automotive timing belt systems market. Rapid rise in vehicle production compliments the automotive timing belt market in this region. Another major reason behind Asia Pacific leading the global market is that the countries within this region were able to sustain its economy during the global economic crisis of 2008-09 and have been able to showcase continued growth in automobile production and sales, across the globe.

Enquiry before Buying @ https://www.marketresearchfuture.com/enquiry/4929

Key Players

The key players of global automotive timing belt market are Continental (Germany), SKF (Sweden), BorgWarner (US), , and Tsubakimoto Chain (Japan), and research institutes such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Intended Audience
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

The report for Global Automotive Timing Belt Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Access Full Report @ https://www.marketresearchfuture.com/reports/automotive-timing-belt-market-4929

About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.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 Timing Belt Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023 here

News-ID: 877659 • Views:

More Releases from Market Research Future

Denim Market Size By 2035 with 5.25 USD Billion in 2025 to 132.4 USD Billion, Due To Due to increasing popularity of Denim jeans, Denim jackets, and other denim apparel.
Denim Market Size By 2035 with 5.25 USD Billion in 2025 to 132.4 USD Billion, Du …
Denim Market Size Grow at a 75.25 USD Billion in 2025 to 132.4 USD Billion by 2035, CAGR of 5.81% By 2025 - 2035 Global Denim Market is entering a new phase of transformation as consumer demand, fashion cycles, and sustainable innovation continue to reshape the industry. Denim, once considered a classic wardrobe staple, has evolved into a versatile, fashion-driven category supported by innovations in fabric technology, eco-friendly production, and shifting
Humanoid Robots Market Size to Reach USD 13.8 Billion by 2032, Growing at 50.2% CAGR from 2024
Humanoid Robots Market Size to Reach USD 13.8 Billion by 2032, Growing at 50.2% …
The global Humanoid Robots Market is projected to reach USD 13.8 Billion by 2032, growing at a robust CAGR of 50.2% during the forecast period from 2024 to 2032. Driven by advancements in artificial intelligence, machine learning, and machine vision, humanoid robots-designed with human-like characteristics-are witnessing widespread adoption across healthcare, education, space exploration, and service industries. These robots are enhancing operational efficiency, performing complex tasks, and improving customer engagement across multiple
Vertical Farming Market Expansion: USD 9.023 Billion in 2025 Growing to USD 58.83 Billion by 2035
Vertical Farming Market Expansion: USD 9.023 Billion in 2025 Growing to USD 58.8 …
The Vertical Farming Market was estimated at USD 7.48 Billion in 2024 and is projected to grow from USD 9.023 Billion in 2025 to USD 58.83 Billion by 2035, exhibiting a robust CAGR of 20.62% during the forecast period from 2025 to 2035. Driven by increasing demand for sustainable agriculture, urbanization, and technological advancements in controlled-environment farming, vertical farming solutions are seeing widespread adoption across commercial, industrial, and urban agriculture sectors. Key
Robotics Market Trends and Forecast: USD 74,120.70 Million in 2024 Expected to Hit USD 476,019.67 Million by 2035
Robotics Market Trends and Forecast: USD 74,120.70 Million in 2024 Expected to H …
The Robotics Market was valued at USD 74,120.70 Million in 2024 and is projected to reach USD 476,019.67 Million by 2035, growing at a robust CAGR of 18.4% during the forecast period from 2024 to 2035. Driven by advancements in medical robots, growing industrial robotics adoption, and the development of AI technologies, robotics solutions are witnessing widespread adoption across healthcare, manufacturing, logistics, and service sectors. Despite challenges like high initial costs

All 5 Releases


More Releases for Timing

Timing Gears Market
Timing Gears Market Analysis: The global Timing Gears Market size was estimated at USD 5245 million in 2023 and is projected to reach USD 7185.67 million by 2030, exhibiting a CAGR of 4.60% during the forecast period. North America Timing Gears market size was USD 1366.70 million in 2023, at a CAGR of 3.94% during the forecast period of 2025 through 2030. To Read Full Market Report - https://semiconductorinsight.com/report/timing-gears-market/ Timing Gears Market Analysis Timing Gears Market
Wireless Sports Timing System Market 2025: Industry Trends, Growth Insights & Fo …
LOS ANGELES, United States: QY Research has recently published a research report titled, "Wireless Sports Timing System - Market Insights, Industry Share, Sales Projections, and Demand Outlook 2024-2030" assessing various factors impacting its trajectory. The global Wireless Sports Timing System market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each
Global Timing Cover / Timing Belt Cover Market Imapct of AI and Automation
Timing Cover / Timing Belt Cover Market Impact of AI and Automation The global timing cover/timing belt cover market was valued at approximately USD 4.2 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030, reaching an estimated USD 6.1 billion by the end of the forecast period. This growth is driven by increasing vehicle production, rising automotive maintenance activities,
Timing Cover: Protection and Precision for Engine Timing Components
Timing Cover / Timing Belt Cover Market 2023 Forecast: Unveiling Opportunities and Growth Timing Cover / Timing Belt Cover Market research report helps to recognize the market challenges and opportunities. Global Timing Cover / Timing Belt Cover Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This
Covering the Timing: Automotive Timing Covers Market Insights and Analysis
Manufacturers are using lightweight materials to meet the demand from vehicle manufacturers for lightweight and durable covers. This is done in response to the rising trend of vehicle customization. For instance, the main raw materials used to manufacture car accessories today are lightweight materials such as high-strength steel and polycarbonate. Global automotive timing cover sales are estimated to be valued at US$ 18.8 Billion in 2022, with steady long-term market projections,
Timing cover / Timing belt cover Market Will Generate New Growth Opportunities b …
Timing cover / Timing belt cover: Overview The timing cover/Timing belt cover is an important equipment made to guard the timing chain of your vehicle from debris, dirt, and grit. The timing chain or belt of your vehicle controls the spinning of the crankshaft and camshafts in the internal ignition engine. As long as camshafts are rotating, the engine’s regulators are opened and closed in coordinated movement with each cylinder’s intake