Automotive Timing Belt Industry is segmented by 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.
Automotive Timing Belt Market Key Companies Analyzed IN this Research Report 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). In 2016, these companies accounted for a share of XX% of the global market.
Get Sample Report on “Automotive Timing Belt Market Research Report – Global Forecast to 2023” at: https://www.marketresearchfuture.com/sample_request/4929
Automotive Timing Belt Global Market Highlights:
Timing belts are a component of internal combustion engine of an automotive. The timing belt synchronize the rotation of the camshafts for ensuring that the engine valves open and close at precise times.
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.
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.
The increase in annual wage leads to decline in the profit margins, thereby hindering the growth of the market. Cost optimization across the automotive industry for maintaining profitability will lead to increase in adoption of high quality timing belts.
Automotive Timing Belt Market Segmentation:
The Automotive Timing Belt Market can be segmented in three key dynamics for the convenience of the report and enhanced understanding
Segmentation by Drive Type – Dry Belts, Chain, Belt in Oil
Segmentation by Component – Idler Pulley, Sprocket, Tensioner, Timing Shield
Segmentation by Vehicle Type – Passenger Vehicles and Commercial Vehicles
Segmentation by Regions: North America, Europe, APAC and Rest of the World.
Automotive Timing Belt Market Regional Analysis:
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.
Major Table of Content:
1.2 SCOPE OF STUDY
1.3 RESEARCH OBJECTIVE
1.4 ASSUMPTIONS & LIMITATIONS
1.5 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
3 MARKET DYNAMICS
3.5 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTER’S FIVE FORCES MODEL
4.1.1 BARGAINING POWER OF SUPPLIERS
4.1.2 BARGAINING POWER OF CUSTOMER
4.1.3 INTENSITY OF COMPETITOR’S
4.1.4 THREAT OF NEW ENTRANTS
5 AUTOMOTIVE TIMING BELT, BY VEHICLE TYPE
5.1.1 PASSENGER VEHICLE
5.1.2 COMMERCIAL VEHICLE
6 AUTOMOTIVE TIMING BELT, BY TYPE
6.1.1 DRY BELTS
6.1.4 BELT IN OIL
7 AUTOMOTIVE TIMING BELT, BY COMPONENT
7.1.1 IDLER PULLEY
7.1.4 TIMING SHIELD
For more details on this report visit: https://www.marketresearchfuture.com/reports/automotive-timing-belt-market-4929
About Market Research Future:
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.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar