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Global Timing Belt Market Trends, Share, Size, Growth, Opportunity and Forecast (2019-2024): An $8.8 Billion Opportunity - ResearchAndMarkets.com

March 7, 2019

DUBLIN--(BUSINESS WIRE)--Mar 7, 2019--The “Timing Belt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global timing belt market was worth US$ 6.3 Billion in 2018. The global timing belt market is forecast to reach a value of US$ 8.8 Billion by 2024, exhibiting a CAGR of 5.6% during 2019-2024.

Rising sales of new automobiles along with an increasing demand from the replacement market is expected to catalyse the global demand of timing belts.

Automobile sales have been strong in both developed and emerging markets after a period of sluggish growth in many regions as a result of the global economic slowdown. This has catalysed the demand of timing belts from the OEM segment.

Although OEM sales account for a major share of the global timing belt market, the bulk of the demand comes from the replacement segment. The size of the replacement market for timing belts is significantly higher than the OEM market as most timing belts normally need to be replaced as part of regular maintenance every 60,000 to 100,000 miles.

Europe and North America currently account for the bulk of the global timing belt market. The Asia pacific region, however, represents the fastest growing market catalysed by a strong growth in automobile sales in China, India, South Korea, Thailand, etc.

Key Questions Answered

  • How has the global timing belt market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global timing belt industry?
  • What is the breakup of the global timing belt market on the basis of drive type?
  • What is the breakup of the global timing belt market on the basis of component?
  • What is the breakup of the global timing belt market on the basis of distribution channel?
  • What is the breakup of the global timing belt market on the basis of vehicle type?
  • What are the various stages in the value chain of the global timing belt market?
  • What are the key driving factors and challenges in the global timing belt market?
  • What is the structure of the global timing belt market and who are the key players?
  • What is the degree of competition in the global timing belt market?
  • How are timing belts manufactured?

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Properties

4.3 Key Industry Trends

5 Global Timing Belt Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Drive Type

5.4 Market Breakup by Component

5.5 Market Breakup by Distribution Channel

5.6 Market Breakup by Vehicle Type

5.7 Market Breakup by Region

5.8 Market Forecast

6 Market Breakup by Drive Type

6.1 Dry Belts

6.2 Chain

6.3 Belt in Oil

7 Market Breakup by Component

7.1 Tensioner

7.2 Idler Pulleys

7.3 Timing Shield/Cover

7.4 Sprocket

8 Market Breakup by Distribution Channel

8.1 OEM

8.2 Aftermarket

9 Market Breakup by Vehicle Type

9.1 Passenger Vehicle

9.2 Commercial Vehicle

10 Market Breakup by Region

10.1 Europe

10.2 North America

10.3 Asia Pacific

10.4 Middle East and Africa

10.5 Latin America

11 Global Timing Belt Industry: SWOT Analysis

11.1 Overview

11.2 Strengths

11.3 Weaknesses

11.4 Opportunities

11.5 Threats

12 Global Timing Belt Industry: Value Chain Analysis

12.1 Overview

12.2 Research and Development

12.3 Raw Material Procurement

12.4 Manufacturing

12.5 Marketing

12.6 Distribution

12.7 End-Use

13 Global Timing Belt Industry: Porters Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Competition

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 Global Timing Belt Industry: Price Analysis

14.1 Price Indicators

14.2 Price Structure

14.3 Margin Analysis

15 Timing Belt Manufacturing Process

15.1 Product Overview

15.2 Raw Material Requirements

15.3 Manufacturing Process

15.4 Key Success and Risk Factors

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

16.3.1 B&B Manufacturing

16.3.2 ContiTech

16.3.3 The Carlstar Group

16.3.4 Gates Corporation

16.3.5 J.K. Fenner Limited

16.3.6 ACDelco

16.3.7 Federal-Mogul Motorparts Corporation

16.3.8 Bando USA

16.3.9 Dayco

16.3.10 Ningbo Beidi Synchronous Belt

16.3.11 Goodyear SKF

16.3.12 Ningbo Fulong Synchronous Belt

16.3.13 MAHLE Aftermarket

16.3.14 Tsubaki

For more information about this report visit https://www.researchandmarkets.com/research/32t86j/global_timing?w=4

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Related Topics:Belt and Chain Drives

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 03/07/2019 07:41 AM/DISC: 03/07/2019 07:41 AM

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