openPR Logo
Press release

Rising Trends and Demand for Automotive Timing Belt Market in the Market: Research Insights by MRFR

02-07-2018 12:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Rising Trends and Demand for Automotive Timing Belt Market in

Market Research Future published a research report on “Automotive Timing Belt Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

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

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

Global Automotive Timing Belt Market:

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.

The key players of global Automotive Timing Belt 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).

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

Market Research Analysis:

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.

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.

Media Contact:

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 Rising Trends and Demand for Automotive Timing Belt Market in the Market: Research Insights by MRFR here

News-ID: 935414 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

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