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Commercial Vehicle Poly-V Belt-Global Market Insights and Sales Trends 2024
Synopsis
The global Commercial Vehicle Poly-V Belt market size is expected to reach US$ 20 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Vehicle Poly-V Belt in various end use industries. The expanding demands from the Light Commercial Vehicles (LCV) and Medium and Heavy Commercial Vehicles (M&HCV), are propelling Commercial Vehicle Poly-V Belt market. 2.40 kN, 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 3.20 kN 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 Commercial Vehicle Poly-V Belt, 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 Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt covered in this report include Continental, Gates, Sumitomo, Bando, Colmant-Cuvelier, Tenneco (Federal-Mogul), Hutchinson Belt and ContiTech RAM, etc.
The global Commercial Vehicle Poly-V Belt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Continental
Gates
Sumitomo
Bando
Colmant-Cuvelier
Tenneco (Federal-Mogul)
Hutchinson Belt
ContiTech RAM
Global Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt market, Segment by Type:
2.40 kN
3.20 kN
4.00 kN
4.80 kN
Other
Global Commercial Vehicle Poly-V Belt market, by Application
Light Commercial Vehicles (LCV)
Medium and Heavy Commercial Vehicles (M&HCV)
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 Commercial Vehicle Poly-V Belt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt market size is expected to reach US$ 20 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Vehicle Poly-V Belt in various end use industries. The expanding demands from the Light Commercial Vehicles (LCV) and Medium and Heavy Commercial Vehicles (M&HCV), are propelling Commercial Vehicle Poly-V Belt market. 2.40 kN, 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 3.20 kN 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 Commercial Vehicle Poly-V Belt, 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 Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt covered in this report include Continental, Gates, Sumitomo, Bando, Colmant-Cuvelier, Tenneco (Federal-Mogul), Hutchinson Belt and ContiTech RAM, etc.
The global Commercial Vehicle Poly-V Belt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Continental
Gates
Sumitomo
Bando
Colmant-Cuvelier
Tenneco (Federal-Mogul)
Hutchinson Belt
ContiTech RAM
Global Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt market, Segment by Type:
2.40 kN
3.20 kN
4.00 kN
4.80 kN
Other
Global Commercial Vehicle Poly-V Belt market, by Application
Light Commercial Vehicles (LCV)
Medium and Heavy Commercial Vehicles (M&HCV)
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 Commercial Vehicle Poly-V Belt manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt Market Overview
1.1 Commercial Vehicle Poly-V Belt Product Overview
1.2 Commercial Vehicle Poly-V Belt Market Segment by Type
1.2.1 2.40 kN
1.2.2 3.20 kN
1.2.3 4.00 kN
1.2.4 4.80 kN
1.2.5 Other
1.3 Global Commercial Vehicle Poly-V Belt Market Size by Type
1.3.1 Global Commercial Vehicle Poly-V Belt Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial Vehicle Poly-V Belt Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial Vehicle Poly-V Belt Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial Vehicle Poly-V Belt Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial Vehicle Poly-V Belt Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial Vehicle Poly-V Belt Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial Vehicle Poly-V Belt Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial Vehicle Poly-V Belt Sales Breakdown by Type (2018-2023)
2 Global Commercial Vehicle Poly-V Belt Market Competition by Company
2.1 Global Top Players by Commercial Vehicle Poly-V Belt Sales (2018-2023)
2.2 Global Top Players by Commercial Vehicle Poly-V Belt Revenue (2018-2023)
2.3 Global Top Players by Commercial Vehicle Poly-V Belt Price (2018-2023)
2.4 Global Top Manufacturers Commercial Vehicle Poly-V Belt Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial Vehicle Poly-V Belt Market Competitive Situation and Trends
2.5.1 Commercial Vehicle Poly-V Belt Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial Vehicle Poly-V Belt Market
2.8 Key Manufacturers Commercial Vehicle Poly-V Belt Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial Vehicle Poly-V Belt Status and Outlook by Region
3.1 Global Commercial Vehicle Poly-V Belt Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial Vehicle Poly-V Belt Historic Market Size by Region
3.2.1 Global Commercial Vehicle Poly-V Belt Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial Vehicle Poly-V Belt Sales in Value by Region (2018-2023)
3.2.3 Global Commercial Vehicle Poly-V Belt Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial Vehicle Poly-V Belt Forecasted Market Size by Region
3.3.1 Global Commercial Vehicle Poly-V Belt Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial Vehicle Poly-V Belt Sales in Value by Region (2024-2029)
3.3.3 Global Commercial Vehicle Poly-V Belt Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial Vehicle Poly-V Belt by Application
4.1 Commercial Vehicle Poly-V Belt Market Segment by Application
4.1.1 Light Commercial Vehicles (LCV)
4.1.2 Medium and Heavy Commercial Vehicles (M&HCV)
4.2 Global Commercial Vehicle Poly-V Belt Market Size by Application
4.2.1 Global Commercial Vehicle Poly-V Belt Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial Vehicle Poly-V Belt Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial Vehicle Poly-V Belt Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial Vehicle Poly-V Belt Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial Vehicle Poly-V Belt Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial Vehicle Poly-V Belt Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial Vehicle Poly-V Belt Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial Vehicle Poly-V Belt Sales Breakdown by Application (2018-2023)
5 North America Commercial Vehicle Poly-V Belt by Country
5.1 North America Commercial Vehicle Poly-V Belt Historic Market Size by Country
5.1.1 North America Commercial Vehicle Poly-V Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial Vehicle Poly-V Belt Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial Vehicle Poly-V Belt Sales in Value by Country (2018-2023)
5.2 North America Commercial Vehicle Poly-V Belt Forecasted Market Size by Country
5.2.1 North America Commercial Vehicle Poly-V Belt Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial Vehicle Poly-V Belt Sales in Value by Country (2024-2029)
6 Europe Commercial Vehicle Poly-V Belt by Country
6.1 Europe Commercial Vehicle Poly-V Belt Historic Market Size by Country
6.1.1 Europe Commercial Vehicle Poly-V Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial Vehicle Poly-V Belt Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial Vehicle Poly-V Belt Sales in Value by Country (2018-2023)
6.2 Europe Commercial Vehicle Poly-V Belt Forecasted Market Size by Country
6.2.1 Europe Commercial Vehicle Poly-V Belt Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial Vehicle Poly-V Belt Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial Vehicle Poly-V Belt by Region
7.1 Asia-Pacific Commercial Vehicle Poly-V Belt Historic Market Size by Region
7.1.1 Asia-Pacific Commercial Vehicle Poly-V Belt Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial Vehicle Poly-V Belt Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial Vehicle Poly-V Belt Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial Vehicle Poly-V Belt Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial Vehicle Poly-V Belt Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial Vehicle Poly-V Belt Sales in Value by Region (2024-2029)
8 Latin America Commercial Vehicle Poly-V Belt by Country
8.1 Latin America Commercial Vehicle Poly-V Belt Historic Market Size by Country
8.1.1 Latin America Commercial Vehicle Poly-V Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial Vehicle Poly-V Belt Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial Vehicle Poly-V Belt Sales in Value by Country (2018-2023)
8.2 Latin America Commercial Vehicle Poly-V Belt Forecasted Market Size by Country
8.2.1 Latin America Commercial Vehicle Poly-V Belt Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial Vehicle Poly-V Belt Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial Vehicle Poly-V Belt by Country
9.1 Middle East and Africa Commercial Vehicle Poly-V Belt Historic Market Size by Country
9.1.1 Middle East and Africa Commercial Vehicle Poly-V Belt Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial Vehicle Poly-V Belt Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial Vehicle Poly-V Belt Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial Vehicle Poly-V Belt Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial Vehicle Poly-V Belt Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial Vehicle Poly-V Belt Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Continental
10.1.1 Continental Company Information
10.1.2 Continental Introduction and Business Overview
10.1.3 Continental Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Continental Commercial Vehicle Poly-V Belt Products Offered
10.1.5 Continental Recent Development
10.2 Gates
10.2.1 Gates Company Information
10.2.2 Gates Introduction and Business Overview
10.2.3 Gates Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Gates Commercial Vehicle Poly-V Belt Products Offered
10.2.5 Gates Recent Development
10.3 Sumitomo
10.3.1 Sumitomo Company Information
10.3.2 Sumitomo Introduction and Business Overview
10.3.3 Sumitomo Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sumitomo Commercial Vehicle Poly-V Belt Products Offered
10.3.5 Sumitomo Recent Development
10.4 Bando
10.4.1 Bando Company Information
10.4.2 Bando Introduction and Business Overview
10.4.3 Bando Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Bando Commercial Vehicle Poly-V Belt Products Offered
10.4.5 Bando Recent Development
10.5 Colmant-Cuvelier
10.5.1 Colmant-Cuvelier Company Information
10.5.2 Colmant-Cuvelier Introduction and Business Overview
10.5.3 Colmant-Cuvelier Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Colmant-Cuvelier Commercial Vehicle Poly-V Belt Products Offered
10.5.5 Colmant-Cuvelier Recent Development
10.6 Tenneco (Federal-Mogul)
10.6.1 Tenneco (Federal-Mogul) Company Information
10.6.2 Tenneco (Federal-Mogul) Introduction and Business Overview
10.6.3 Tenneco (Federal-Mogul) Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Tenneco (Federal-Mogul) Commercial Vehicle Poly-V Belt Products Offered
10.6.5 Tenneco (Federal-Mogul) Recent Development
10.7 Hutchinson Belt
10.7.1 Hutchinson Belt Company Information
10.7.2 Hutchinson Belt Introduction and Business Overview
10.7.3 Hutchinson Belt Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hutchinson Belt Commercial Vehicle Poly-V Belt Products Offered
10.7.5 Hutchinson Belt Recent Development
10.8 ContiTech RAM
10.8.1 ContiTech RAM Company Information
10.8.2 ContiTech RAM Introduction and Business Overview
10.8.3 ContiTech RAM Commercial Vehicle Poly-V Belt Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ContiTech RAM Commercial Vehicle Poly-V Belt Products Offered
10.8.5 ContiTech RAM Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial Vehicle Poly-V Belt 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 Commercial Vehicle Poly-V Belt Industrial Chain Analysis
11.4 Commercial Vehicle Poly-V Belt Market Dynamics
11.4.1 Commercial Vehicle Poly-V Belt Industry Trends
11.4.2 Commercial Vehicle Poly-V Belt Market Drivers
11.4.3 Commercial Vehicle Poly-V Belt Market Challenges
11.4.4 Commercial Vehicle Poly-V Belt Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial Vehicle Poly-V Belt Distributors
12.3 Commercial Vehicle Poly-V Belt 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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