Global Industrial Variable Speed Belts Market 2017-2021

  • ID: 4211578
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ContiTech
  • Goodyear Rubber
  • Lian Eng
  • Megadyne
  • Pixtrans
  • Rubena
  • MORE
Industrial variable speed belts are used in applications wherein changes in speed during operation are common. They are a part of the V-belt family. However, they differ in shape considerably as compared with the standard V-belt, which has a distinctly broader width and a narrower thickness. The global industrial variable speed belts market focuses on variable speed belts that are used in drive applications in machinery with varying drive ratios.

The analysts forecast the global industrial variable speed belts market to grow at a CAGR of 7.89% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial variable speed belts market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Industrial Variable Speed Belts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ContiTech
- Gates
- Optibelt
- SKF

Other prominent vendors
- Goodyear Rubber
- Hi-Lo Manufacturing
- Lian Eng
- Lovejoy
- Megadyne
- Pixtrans
- Q-Power
- Rubena
- San Wu Rubber
- Timken
- TOYOPOWER

Market drivers
- Rise in energy saving through smart and efficient technologies in belt drives
- For a full, detailed list, view the full report

Market challenges
- Lack of predictive maintenance
- For a full, detailed list, view the full report

Market trends
- Rise of smart electrical systems
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ContiTech
  • Goodyear Rubber
  • Lian Eng
  • Megadyne
  • Pixtrans
  • Rubena
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Introduction
  • Key market highlights
PART 04: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 05: Market segmentation by end-user
  • Market overview
  • Global industrial variable speed belts market by industrial sector
  • Global industrial variable speed belts market by agricultural sector
  • Global industrial variable speed belts market by others
PART 06: Geographical segmentation
  • Market overview
  • Industrial variable speed belts market in EMEA
  • Industrial variable speed belts market in Americas
  • Industrial variable speed belts market in APAC
PART 07: Decision framework

PART 08: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 09: Market trends
  • Mechanization of agriculture and farm operations in developing economies
  • Rise of smart electrical systems
  • Increasing number of M&As
PART 10: Vendor landscape
  • Competitive scenario
  • Prominent vendors
  • Other prominent vendors
PART 11: Key vendor analysis
  • ContiTech
  • Gates
  • Optibelt
  • SKF
PART 12: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Market landscape
Exhibit 02: Market size and forecast of global industrial variable speed belts ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: End-user segmentation
Exhibit 05: Market segmentation based on end-users during 2016 and 2021
Exhibit 06: Market size and forecast by industrial sector in 2016-2021 ($ millions)
Exhibit 07: Market size and forecast by agricultural sector in 2016-2021 ($ millions)
Exhibit 08: Market size and forecast by others in 2016-2021 ($ millions)
Exhibit 09: Geographical segmentation in 2016 and 2021
Exhibit 10: Industrial variable speed belts market in EMEA in 2016-2021 ($ millions)
Exhibit 11: Industrial variable speed belts market in Americas in 2016-2021 ($ millions)
Exhibit 12: Industrial variable speed belts market in EMEA ($ millions)
Exhibit 13: Impact of Drivers
Exhibit 14: Impact of challenges
Exhibit 15: Recent M&As in global industrial variable speed belts market
Exhibit 16: Prominent vendors
Exhibit 17: Other prominent vendors
Exhibit 18: ContiTech: Product segments
Exhibit 19: ContiTech: Industrial variable speed belts product portfolio
Exhibit 20: ContiTech: Key highlights
Exhibit 21: Gates: Product segments
Exhibit 22: Gates: Industrial variable speed belts product portfolio
Exhibit 23: Gates: Key highlights
Exhibit 24: Optibelt: Product segments
Exhibit 25: Optibelt: Industrial variable speed belts product portfolio
Exhibit 26: Optibelt: Key highlights
Exhibit 27: SKF: Product segments
Exhibit 28: SKF: Industrial variable speed belts product portfolio
Exhibit 29: SKF: Key highlights
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ContiTech
  • Goodyear Rubber
  • Lian Eng
  • Megadyne
  • Pixtrans
  • Rubena
  • MORE
New Report Released: - Global Industrial Variable Speed Belts Market 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial variable speed belts market: ContiTech, Gates, Optibelt and SKF.

Other Prominent Vendors in the market are: Goodyear Rubber, Hi-Lo Manufacturing, Lian Eng, Lovejoy, Megadyne, Pixtrans, Q-Power, Rubena, San Wu Rubber, Timken and TOYOPOWER.

Commenting on the report, an analyst from the research team said: “One trend in the market is rise of smart electrical systems. At present, there has been a change from the practice of conventional mechanical and fluid power systems to advanced smart electrical systems for enabling automation with remote access and diagnostic capabilities. In the future, many factories will have fully automated assembly lines assisted by artificial intelligence.”

According to the report, one driver in the market is rise in energy saving through smart and efficient technologies in belt drives. Energy-efficiency is becoming a rising concern for the industrial sector. This is because on an average around 10% of the operational cost is entailed by electricity. This number increases to 40% in energy-intensive industries such as oil and gas, food and beverages, and power. The awareness of energy savings has gained substantial momentum in the recent years. Government bodies of Europe and North America have taken concerted steps in ensuring that plant equipment such as pumps, motors, and fans adapt to energy-efficiency standards.

Further, the report states that one challenge in the market is lack of predictive maintenance. Predictive maintenance is a precautionary maintenance to rectify an error in a machine before it completely breaks down. This type of maintenance is essential for efficient, reliable, and safe production process. Variable speed belt drives are cost-effective and reliable means for transmitting power between shafts. The lack of predictive maintenance in a variable speed belt drive system will result in vibration and reduced efficiency by 10%-20%. Predictive maintenance can be applied in all drive systems through the inspection of non-destructive testing such as oil analysis, vibration analysis, infrared testing, and other techniques.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ContiTech
  • Gates
  • Optibelt
  • SKF
  • Goodyear Rubber
  • Hi-Lo Manufacturing
  • Lian Eng
  • Lovejoy
  • Megadyne
  • Pixtrans
  • Q-Power
  • Rubena
  • San Wu Rubber
  • Timken
  • TOYOPOWER
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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