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Automotive Belts-Global Market Insights and Sales Trends 2024
Synopsis
The global Automotive Belts market size is expected to reach US$ 21940 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Belts in various end use industries. The expanding demands from the Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles,, are propelling Automotive Belts market. Drive Belts, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Timing Belts segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Belts, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Belts market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Belts market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Belts sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Belts covered in this report include Robert Bosch, ContiTech, Cooper Standard, Dayco, Goodyear Belts and Hoses and Toyoda Gosei, etc.
The global Automotive Belts market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch
ContiTech
Cooper Standard
Dayco
Goodyear Belts and Hoses
Toyoda Gosei
Global Automotive Belts market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Belts market, Segment by Type:
Drive Belts
Timing Belts
Global Automotive Belts market, by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Belts manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Belts in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Automotive Belts market size is expected to reach US$ 21940 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Belts in various end use industries. The expanding demands from the Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles,, are propelling Automotive Belts market. Drive Belts, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Timing Belts segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Belts, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Belts market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Belts market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Belts sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Belts covered in this report include Robert Bosch, ContiTech, Cooper Standard, Dayco, Goodyear Belts and Hoses and Toyoda Gosei, etc.
The global Automotive Belts market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch
ContiTech
Cooper Standard
Dayco
Goodyear Belts and Hoses
Toyoda Gosei
Global Automotive Belts market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Belts market, Segment by Type:
Drive Belts
Timing Belts
Global Automotive Belts market, by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Belts manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Belts in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Belts Market Overview
1.1 Automotive Belts Product Overview
1.2 Automotive Belts Market Segment by Type
1.2.1 Drive Belts
1.2.2 Timing Belts
1.3 Global Automotive Belts Market Size by Type
1.3.1 Global Automotive Belts Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Belts Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Belts Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Belts Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Belts Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Belts Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Belts Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Belts Sales Breakdown by Type (2018-2023)
2 Global Automotive Belts Market Competition by Company
2.1 Global Top Players by Automotive Belts Sales (2018-2023)
2.2 Global Top Players by Automotive Belts Revenue (2018-2023)
2.3 Global Top Players by Automotive Belts Price (2018-2023)
2.4 Global Top Manufacturers Automotive Belts Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Belts Market Competitive Situation and Trends
2.5.1 Automotive Belts Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Belts Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Belts as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Belts Market
2.8 Key Manufacturers Automotive Belts Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Belts Status and Outlook by Region
3.1 Global Automotive Belts Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Belts Historic Market Size by Region
3.2.1 Global Automotive Belts Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Belts Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Belts Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Belts Forecasted Market Size by Region
3.3.1 Global Automotive Belts Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Belts Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Belts Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Belts by Application
4.1 Automotive Belts Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Light Commercial Vehicles
4.1.3 Heavy Commercial Vehicles
4.2 Global Automotive Belts Market Size by Application
4.2.1 Global Automotive Belts Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Belts Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Belts Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Belts Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Belts Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Belts Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Belts Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Belts Sales Breakdown by Application (2018-2023)
5 North America Automotive Belts by Country
5.1 North America Automotive Belts Historic Market Size by Country
5.1.1 North America Automotive Belts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Belts Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Belts Sales in Value by Country (2018-2023)
5.2 North America Automotive Belts Forecasted Market Size by Country
5.2.1 North America Automotive Belts Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Belts Sales in Value by Country (2024-2029)
6 Europe Automotive Belts by Country
6.1 Europe Automotive Belts Historic Market Size by Country
6.1.1 Europe Automotive Belts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Belts Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Belts Sales in Value by Country (2018-2023)
6.2 Europe Automotive Belts Forecasted Market Size by Country
6.2.1 Europe Automotive Belts Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Belts Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Belts by Region
7.1 Asia-Pacific Automotive Belts Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Belts Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Belts Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Belts Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Belts Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Belts Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Belts Sales in Value by Region (2024-2029)
8 Latin America Automotive Belts by Country
8.1 Latin America Automotive Belts Historic Market Size by Country
8.1.1 Latin America Automotive Belts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Belts Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Belts Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Belts Forecasted Market Size by Country
8.2.1 Latin America Automotive Belts Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Belts Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Belts by Country
9.1 Middle East and Africa Automotive Belts Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Belts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Belts Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Belts Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Belts Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Belts Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Belts Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Robert Bosch
10.1.1 Robert Bosch Company Information
10.1.2 Robert Bosch Introduction and Business Overview
10.1.3 Robert Bosch Automotive Belts Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Robert Bosch Automotive Belts Products Offered
10.1.5 Robert Bosch Recent Development
10.2 ContiTech
10.2.1 ContiTech Company Information
10.2.2 ContiTech Introduction and Business Overview
10.2.3 ContiTech Automotive Belts Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ContiTech Automotive Belts Products Offered
10.2.5 ContiTech Recent Development
10.3 Cooper Standard
10.3.1 Cooper Standard Company Information
10.3.2 Cooper Standard Introduction and Business Overview
10.3.3 Cooper Standard Automotive Belts Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Cooper Standard Automotive Belts Products Offered
10.3.5 Cooper Standard Recent Development
10.4 Dayco
10.4.1 Dayco Company Information
10.4.2 Dayco Introduction and Business Overview
10.4.3 Dayco Automotive Belts Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Dayco Automotive Belts Products Offered
10.4.5 Dayco Recent Development
10.5 Goodyear Belts and Hoses
10.5.1 Goodyear Belts and Hoses Company Information
10.5.2 Goodyear Belts and Hoses Introduction and Business Overview
10.5.3 Goodyear Belts and Hoses Automotive Belts Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Goodyear Belts and Hoses Automotive Belts Products Offered
10.5.5 Goodyear Belts and Hoses Recent Development
10.6 Toyoda Gosei
10.6.1 Toyoda Gosei Company Information
10.6.2 Toyoda Gosei Introduction and Business Overview
10.6.3 Toyoda Gosei Automotive Belts Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Toyoda Gosei Automotive Belts Products Offered
10.6.5 Toyoda Gosei Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Belts Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Belts Industrial Chain Analysis
11.4 Automotive Belts Market Dynamics
11.4.1 Automotive Belts Industry Trends
11.4.2 Automotive Belts Market Drivers
11.4.3 Automotive Belts Market Challenges
11.4.4 Automotive Belts Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Belts Distributors
12.3 Automotive Belts Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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