Global Industrial V-Belts Market 2017-2021

  • ID: 4211603
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Bando
  • Dayco
  • Gates
  • Megadyne
  • ProTorque
  • SIT
  • MORE
Industrial V-belts are the basic belts for power transmission that is applied in light-weight to heavy-weight industrial applications. They are used as a source to provide power transmission efficiently. Industrial V-belts provide more friction and power and are installed in all end-user orientations for efficient machinery functions.

Industrial V-belts are an integral part of power transmission systems as they are the basic belts that provide movement, speed, service life, and load bearings. V-belts are shaped like trapezoidal rough belts with the need to stop providing belt slip offs. V-belts are friction-based power transmitters that transmit power from one pulley to the other using the friction between them. Industrial V-belts are widely used in drive applications, such as machine tools, textile machines, continuous paper machines, high-power mills, stone crushers, etc.

The analysts forecast the global industrial v-belts market to grow at a CAGR of 4.45% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial v-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 V-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
- Bando
- BEHA
- COLMANT CUVELIER
- Dayco
- Dunlop
- Fenner
- Flexer Rubber
- Goodyear
- HUTCHINSON
- Lovejoy
- Megadyne
- Mitsuboshi Belting
- Navyug
- ProTorque
- QPower
- Rubena
- Sanlux
- SIT
- Super-Speed
- Supreme
- Timken
- Yuelong Rubber and Plastic
- Zhejiang Powerbelt
- Zhejiang Sanwei Rubber Item

Market drivers
- Growing retrofit activities in industrial machinery
- For a full, detailed list, view the full report

Market challenges
- Slump in the growth of industrial belt drives in major economies
- For a full, detailed list, view the full report

Market trends
- Growing number of M&A
- 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Bando
  • Dayco
  • Gates
  • Megadyne
  • ProTorque
  • SIT
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-users
  • Market overview
  • Global industrial V-belts market by material handling sector
  • Global industrial V-belts market by other sectors
  • Global industrial V-belts market by industrial machinery sector
  • Global industrial V-belts market by agricultural sector
  • Global industrial V-belts market by mining sector
PART 07: Geographical segmentation
  • Market overview
  • Industrial V-belts market in EMEA
  • Industrial V-belts market in APAC
  • Industrial V-belts market in the Americas
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Modernization of agriculture and farm equipment in emerging economies
  • Growing number of M&A
  • Improvements in industrial V-belts
PART 11: Vendor landscape
  • Competitive scenario
  • Prominent vendors
  • Other prominent vendors
PART 12: Key vendor analysis
  • ContiTech
  • Gates
  • Optibelt
  • SKF
PART 13: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Market landscape
Exhibit 02: Market size and forecast of the global industrial V-belts market ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: End-user segmentation
Exhibit 05: Market segmentation based on end-users 2016 and 2021 (%)
Exhibit 06: Market size and forecast by the material handling sector 2016-2021 ($ billions)
Exhibit 07: Market size and forecast by other sectors 2016-2021 ($ billions)
Exhibit 08: Market size and forecast by the industrial machinery sector 2016-2021 ($ billions)
Exhibit 09: Market size and forecast by the agricultural sector 2016-2021 ($ billions)
Exhibit 10: Market size and forecast by the mining sector 2016-2021 ($ billions)
Exhibit 11: Geographical segmentation 2016 and 2021 (%)
Exhibit 12: Market size and forecast for EMEA 2016-2021 ($ billions)
Exhibit 13: Market size and forecast for APAC 2016-2021 ($ billions)
Exhibit 14: Market size and forecast for the Americas 2016-2021 ($ billions)
Exhibit 15: Impact of drivers
Exhibit 16: Impact of challenges
Exhibit 17: Recent M&A in the variable speed belts market
Exhibit 18: Prominent vendors
Exhibit 19: Other prominent vendors
Exhibit 20: ContiTech: Product segments
Exhibit 21: ContiTech: V-belts product portfolio
Exhibit 22: ContiTech: Key highlights
Exhibit 23: Gates: Product segments
Exhibit 24: Gates: V-belts product portfolio
Exhibit 25: Gates: Key highlights
Exhibit 26: Optibelt: Product segments
Exhibit 27: Optibelt: V-belts product portfolio
Exhibit 28: Optibelt: Key highlights
Exhibit 29: SKF: Product segments
Exhibit 30: SKF: V-belt product portfolio
Exhibit 31: SKF: Key highlights
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Bando
  • Dayco
  • Gates
  • Megadyne
  • ProTorque
  • SIT
  • MORE
New Report Released: - Global Industrial V-Belts Market 2017-2021

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

Other Prominent Vendors in the market are: Bando, BEHA, COLMANT CUVELIER, Dayco, Dunlop, Fenner, Flexer Rubber, Goodyear, HUTCHINSON, Lovejoy, Megadyne, Mitsuboshi Belting, Navyug, ProTorque, QPower, Rubena, Sanlux, SIT, Super-Speed, Supreme, Timken, Yuelong Rubber and Plastic, Zhejiang Powerbelt and Zhejiang Sanwei Rubber Item.

Commenting on the report, an analyst from the research team said: “One trend in the market is modernization of agriculture and farm equipment in emerging economies. Modern machinery needs to be implemented in the agriculture sector by developing machines with technological progress through scientific achievements. The latest achievements by industrial manufacturers in the field of agricultural mechanization will play an important role in the variable speed belts market.”

According to the report, one driver in the market is growing retrofit activities in industrial machinery. The growing retrofit activities with advanced machinery and equipment for increasing productivity with low downtime have made end-users to increase their investments in machines and equipment. The manufacturing sector in APAC is continually growing. Countries such as India and China are currently undergoing major development initiatives to bolster the domestic manufacturing sector. Automation is a key aspect of any manufacturing process to ensure that all activities and sub-processes are streamlined, efficient, and faster.

Further, the report states that one challenge in the market is slump in the growth of industrial belt drives in major economies. The global industrial V-belts market is facing a decline in the growth of industrial belt drives and its machinery in major economies. Market maturity along with the lack of investor confidence has prompted a decline in the share of revenues for the industrial V-belts market in Europe. The economic and Eurozone crisis have influenced all the aspects of industries and commerce, ranging from small scale to large scale. This has reduced investments in acquiring new machinery and equipment as well as the need for maintenance, repair, and replacement of worn out traditional belt drives in old machinery. Thus, the OEM demand for V-belts has declined significantly.

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
5 of 5
  • ContiTech
  • Gates
  • Optibelt
  • SKF
  • Bando
  • BEHA
  • COLMANT CUVELIER
  • Dayco
  • Dunlop
  • Fenner
  • Flexer Rubber
  • Goodyear
  • HUTCHINSON
  • Lovejoy
  • Megadyne
  • Mitsuboshi Belting
  • Navyug
  • ProTorque
  • QPower
  • Rubena
  • Sanlux
  • SIT
  • Super-Speed
  • Supreme
  • Timken
  • Yuelong Rubber and Plastic
  • Zhejiang Powerbelt
  • Zhejiang Sanwei Rubber Item
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll