Timing belt, also referred to as timing chain or cambelt, is a fragment of an internal combustion engine. Timing belt primarily synchronizes the rotation of the camshaft and crankshaft to make sure the engine valves are opened and closed at specific times throughout each cylinder’s intake as well as exhaust strokes. It is a toothed belt that has teeth on the inside surface. Allocation of timing belts, such as noiseless operation, lighter, and less expensive, is estimated to boost the growth of the market over the forecast period.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-toc-and-sample/10708
Market scope and structure analysis:
| Report Metric | Details |
| Market size available for years | 2020โ2027 |
| Base year considered | 2019 |
| Forecast period | 2021โ2027 |
| Forecast unit | Value (USD) |
| Segments covered | Type, Vehicle, Hybrid, and Component |
| Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
| Companies covered | B&B Manufacturing, ContiTech, The Carlstar Group, Gates Corporation, J.K. Fenner Limited, ACDelco, Federal-Mogul Motorparts Corporation, Bando USA, Ningbo Fulong Synchronous Belt, MAHLE Aftermarket, and Tsubaki. |
COVID-19 scenario analysis:
- The pandemic has hampered the manufacturing sector. Moreover, it is expected to take a long time for every manufacturer to revive.
- The shutdown of Original Equipment Manufacturer (OEM) assembly plants had a pronounced ripple effect on the rest of the industry, with thousands of suppliers and sub-suppliers being directly impacted.
- A global restrain on the supply chain after the lockdown is expected to be witnessed, after which the companies are expected to relaunch their manufacturing sectors.
- A slow restarting of operations is expected, first for the plants and then for suppliers. The plants that support the most profitable vehicles are expected to be the first to come back on track.
- After the lockdown gets over, the major challenge faced by the industry is estimated to be serious as restrictions on public life are expected to remain in effect for a long while.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Rise in sales of new automobiles along with increase in demand for replacements is expected to propel the global demand for timing belts. Moreover, increase in demand for Battery Electric Vehicles (BEVs) is expected to restrain the growth of the market. Furthermore, data mining and artificial intelligence in the timing belt system and shift from dry belt to belt-in-oil timing system are estimated to provide lucrative opportunities for the timing belt market.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/timing-belt-market/purchase-options
Rise in sales of new automobiles
Automobile sale has been increasing positively from the last two decades in developed and developing industries. Moreover, many of the economies around the globe have been facing a slowdown, but the automobile market has been emerging. The massive growth of automobiles has catalyzed the demand for timing belts from the Original Equipment Manufacturer (OEM) segment, which is estimated to further boost the timing belt market over the forecast period.
Increase in demand from the replacement market
Original Equipment Manufacturer (OEM) sales account for a major share of the global timing belt market as the bulk demand comes from the replacement segment. The size of the replacement market for timing belts is significantly higher than the Original Equipment Manufacturer (OEM) market as most timing belts normally need to be replaced as part of regular maintenance. Therefore, this is expected to boost the growth of the timing belt market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/10708
Key segments covered:
| Segments | Sub-segments |
| Type | Belt-in-Oil Chains Dry Belts |
| Vehicle | Passenger Vehicle Commercial Vehicle |
| Hybrid | Hybrid Electric Vehicle (HEV) Plug-in Hybrid Electric Vehicle (PHEV) |
| Component | Tensioner Idler Pulleys Timing Shield/Cover Sprocket |
Key benefits of the report:
- This study presents the analytical depiction of the timing belt market along with current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global timing belt market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global timing belt market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions answered in the timing belt market research report:
- Which are the leading market players active in the timing belt market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
โTiming Belt Market Report Highlights
| Aspects | Details |
| By Component | Idler Pulley Tensioner Timing Shield/Cover Sprocket |
| By Propulsion | ICE Vehicles Electric Vehicles Hybrid Vehicles |
| By Vehicle Type | Passenger Cars Light Commercial Vehicles Heavy Commercial Vehicles |
| By Region | North America (U.S., Canada, Mexico) Europe (France, Germany, UK, Russia, Rest of Europe) Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific) LAMEA (Latin America, Middle East, Africa) |
| Key Market Players | Gates Corporation, MAHLE, Ningbo Fulong Synchronous Belt, J.K. Fenner Limited, ACDelco, ContiTech, Federal-Mogul Motorparts Corporation, The Carlstar Group, B&B Manufacturing, Bando USA |
About Us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of โMarket Research Reportsโ and โBusiness Intelligence Solutions.โ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1โ800โ792โ5285
UK: +44โ845โ528โ1300
Hong Kong: +852โ301โ84916
India (Pune): +91โ20โ66346060
Fax: +1โ800โ792โ5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com