Belt Drives Market 2019 Global Trend, Segmentation And Opportunities Forecast To 2024
Description
Global Belt Drives market is expected grow at a CAGR of 5.6% during the forecast period of 2017 to 2026. Growing developments in materials, increasing adoption from automobile sector, and cost effectiveness of belt drives are some of the factors propelling the market growth during the forecast period. In addition, growing investments in renovating industrial plants is also favouring the market growth. On the other hand, durability issues are hindering the market growth.
A belt is a looped strip of flexible fabric used to mechanically hyperlink two or extra rotating shafts. A belt drive offers smooth transmission of electricity between shafts at a sizable distance. Belt drives are used as the source of motion to switch to effectively transmit strength or to music relative motion. V-belt kinds are utilized in pinnacle pace excessive strength transmitting programs. It gives higher velocity ratios and best amongst other belt drives.
The growth is attributed to increasing mining activities, rapid industrialization in emerging countries such as India, Japan, and China. North America and Europe are projected to register a substantial growth rate over the forecast period.
Some of the key players in Belt Drives market include Arntz Optibelt GmbH, B&B Manufacturing, Brammer, Colmant-Cuvelier, ContiTech AG, Dayco Products, LLC, DESCH Antriebstechnik GmbH & Co. KG, Federal-Mogul Holdings Corporation, Fenner PLC, Gates Corporation, Hutchinson, Jason Industrial, Optibelt, Pix Transmission, Regina Industria SpA, The Timken Company, and Tsubakimoto UK Ltd.
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Belt Types Covered:
• V-Belt
• Timing Belt
• Flat Belt
End Users Covered:
• Industrial Machinery
• Oil Refineries
• Mining and Minerals
• Material handling industry
• Automobiles
• Agriculture
• Other End Users
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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Table of Content
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Belt Drives Market, By Belt Type
6 Global Belt Drives Market, By End User
7 Global Belt Drives Market, By Geography
8 Key Developments
9 Company Profiling
9.1 Arntz Optibelt GmbH
9.2 B&B Manufacturing
9.3 Brammer
9.4 Colmant-Cuvelier
9.5 ContiTech AG
9.6 Dayco Products, LLC
9.7 DESCH Antriebstechnik GmbH & Co. KG
9.8 Federal-Mogul Holdings Corporation
9.9 Fenner PLC
9.10 Gates Corporation
9.11 Hutchinson
9.12 Jason Industrial
9.13 Optibelt
9.14 Pix Transmission
9.15 Regina Industria SpA
9.16 The Timken Company
9.17 Tsubakimoto UK Ltd.
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