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Industrial V-Belts - Global Market Trajectory & Analytics

  • ID: 5030205
  • Report
  • July 2020
  • Region: Global
  • 185 pages
  • Global Industry Analysts, Inc
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Global Industrial V-Belts Market to Reach US$2.5 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Industrial V-Belts estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$2.5 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027.Material Handling, one of the segments analyzed in the report, is projected to grow at a 3.3% CAGR to reach US$791.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Industrial Machinery segment is readjusted to a revised 2.7% CAGR for the next 7-year period. This segment currently accounts for a 19.9% share of the global Industrial V-Belts market.

The U. S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 5% CAGR for the Period of 2020-2027

The Industrial V-Belts market in the U. S. is estimated at US$555.6 Million in the year 2020. The country currently accounts for a 27.03% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$497 Million in the year 2027 trailing a CAGR of 5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR while Rest of European market (as defined in the study) will reach US$497 Million by the year 2027.

Agricultural Segment Corners a 12.9% Share in 2020

In the global Agricultural segment, USA, Canada, Japan, China and Europe will drive the 2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$200.4 Million in the year 2020 will reach a projected size of US$230.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$336.1 Million by the year 2027, while Latin America will expand at a 3.2% CAGR through the analysis period. The publisher brings years of research experience to this 9th edition of our report. The 185-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Ban. Do Designs, LLC
  • BEHA Innovation GmbH
  • Colmant Cuvelier RPS
  • ContiTech AG
  • Dayco Products LLC
  • Dunlop BTL Ltd.
  • Fenner PLC
  • Flexer Rubber
  • Gates Corporation
  • Goodyear Tire & Rubber Company
  • Hutchinson SA
  • Lovejoy, Inc.
  • Megadyne SpA
  • Mitsuboshi Belting Ltd.
  • Navyug (India) Ltd.
  • OPTIBELT GmbH
  • ProTorque
  • QPower, Inc.
  • Rubena AS
  • Sanlux Co., Ltd.
  • Shandong Yuelong Rubber & Plastic Technology Co., Ltd.
  • SIT S. p.A.
  • SKF Group
  • The Timken Company
  • Zhejiang Powerbelt Co., Ltd.
  • Zhejiang Sanwei Rubber Item Co., Ltd.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Industrial V-Belts Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Industrial V-Belts Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 2: Industrial V-Belts Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
TABLE 3: Industrial V-Belts Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Material Handling (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
TABLE 5: Material Handling (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 6: Material Handling (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Industrial Machinery (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
TABLE 8: Industrial Machinery (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
TABLE 9: Industrial Machinery (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
TABLE 10: Agricultural (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 11: Agricultural (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 12: Agricultural (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Mining (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
TABLE 14: Mining (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 15: Mining (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
TABLE 16: Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 17: Other End-Uses (End-Use) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 18: Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Industrial V-Belts Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 19: United States Industrial V-Belts Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 20: Industrial V-Belts Historic Demand Patterns in the United States by End-Use in US$ Thousand for 2012-2019
TABLE 21: Industrial V-Belts Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027

CANADA

TABLE 22: Canadian Industrial V-Belts Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 23: Industrial V-Belts Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 24: Canadian Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

JAPAN

TABLE 25: Japanese Demand Estimates and Forecasts for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 26: Japanese Industrial V-Belts Market in US$ Thousand by End-Use: 2012-2019
TABLE 27: Industrial V-Belts Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027

CHINA

TABLE 28: Chinese Demand for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 29: Industrial V-Belts Market Review in China in US$ Thousand by End-Use: 2012-2019
TABLE 30: Chinese Industrial V-Belts Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

EUROPE

Market Facts & Figures

European Industrial V-Belts Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 31: European Industrial V-Belts Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
TABLE 32: Industrial V-Belts Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 33: European Industrial V-Belts Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 34: European Industrial V-Belts Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 35: Industrial V-Belts Market in Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 36: European Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

FRANCE

TABLE 37: Industrial V-Belts Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2020-2027
TABLE 38: French Industrial V-Belts Historic Market Review in US$ Thousand by End-Use: 2012-2019
TABLE 39: French Industrial V-Belts Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027

GERMANY

TABLE 40: Industrial V-Belts Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 41: German Industrial V-Belts Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 42: Industrial V-Belts Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027

ITALY

TABLE 43: Italian Demand for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 44: Industrial V-Belts Market Review in Italy in US$ Thousand by End-Use: 2012-2019
TABLE 45: Italian Industrial V-Belts Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

UNITED KINGDOM

TABLE 46: United Kingdom Demand Estimates and Forecasts for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 47: United Kingdom Industrial V-Belts Market in US$ Thousand by End-Use: 2012-2019
TABLE 48: Industrial V-Belts Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027

SPAIN

TABLE 49: Spanish Industrial V-Belts Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 50: Industrial V-Belts Market in Spain: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 51: Spanish Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

RUSSIA

TABLE 52: Russian Industrial V-Belts Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 53: Industrial V-Belts Historic Demand Patterns in Russia by End-Use in US$ Thousand for 2012-2019
TABLE 54: Industrial V-Belts Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 55: Rest of Europe Industrial V-Belts Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 56: Industrial V-Belts Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 57: Rest of Europe Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 58: Asia-Pacific Industrial V-Belts Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 59: Industrial V-Belts Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 60: Asia-Pacific Industrial V-Belts Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 61: Industrial V-Belts Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2020-2027
TABLE 62: Asia-Pacific Industrial V-Belts Historic Market Review in US$ Thousand by End-Use: 2012-2019
TABLE 63: Asia-Pacific Industrial V-Belts Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027

AUSTRALIA

TABLE 64: Industrial V-Belts Market in Australia: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 65: Australian Industrial V-Belts Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 66: Industrial V-Belts Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027

INDIA

TABLE 67: Indian Industrial V-Belts Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 68: Industrial V-Belts Market in India: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 69: Indian Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

SOUTH KOREA

TABLE 70: Industrial V-Belts Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027
TABLE 71: South Korean Industrial V-Belts Historic Market Analysis in US$ Thousand by End-Use: 2012-2019
TABLE 72: Industrial V-Belts Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 73: Rest of Asia-Pacific Demand Estimates and Forecasts for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 74: Rest of Asia-Pacific Industrial V-Belts Market in US$ Thousand by End-Use: 2012-2019
TABLE 75: Industrial V-Belts Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 76: Latin American Industrial V-Belts Market Trends by Region/Country in US$ Thousand: 2020-2027
TABLE 77: Industrial V-Belts Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 78: Latin American Industrial V-Belts Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 79: Latin American Demand for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 80: Industrial V-Belts Market Review in Latin America in US$ Thousand by End-Use: 2012-2019
TABLE 81: Latin American Industrial V-Belts Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

ARGENTINA

TABLE 82: Argentinean Industrial V-Belts Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 83: Industrial V-Belts Market in Argentina: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 84: Argentinean Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

BRAZIL

TABLE 85: Industrial V-Belts Quantitative Demand Analysis in Brazil in US$ Thousand by End-Use: 2020-2027
TABLE 86: Brazilian Industrial V-Belts Historic Market Review in US$ Thousand by End-Use: 2012-2019
TABLE 87: Brazilian Industrial V-Belts Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027

MEXICO

TABLE 88: Industrial V-Belts Market in Mexico: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 89: Mexican Industrial V-Belts Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 90: Industrial V-Belts Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 91: Rest of Latin America Industrial V-Belts Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 92: Industrial V-Belts Historic Demand Patterns in Rest of Latin America by End-Use in US$ Thousand for 2012-2019
TABLE 93: Industrial V-Belts Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 94: The Middle East Industrial V-Belts Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 95: Industrial V-Belts Market in the Middle East by Region/Country in US$ Thousand: 2012-2019
TABLE 96: The Middle East Industrial V-Belts Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 97: The Middle East Industrial V-Belts Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 98: Industrial V-Belts Market in the Middle East: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 99: The Middle East Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

IRAN

TABLE 100: Iranian Demand Estimates and Forecasts for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 101: Iranian Industrial V-Belts Market in US$ Thousand by End-Use: 2012-2019
TABLE 102: Industrial V-Belts Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027

ISRAEL

TABLE 103: Israeli Industrial V-Belts Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 104: Industrial V-Belts Market in Israel: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 105: Israeli Industrial V-Belts Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 106: Saudi Arabian Demand for Industrial V-Belts in US$ Thousand by End-Use: 2020 to 2027
TABLE 107: Industrial V-Belts Market Review in Saudi Arabia in US$ Thousand by End-Use: 2012-2019
TABLE 108: Saudi Arabian Industrial V-Belts Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

UNITED ARAB EMIRATES

TABLE 109: Industrial V-Belts Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027
TABLE 110: United Arab Emirates Industrial V-Belts Historic Market Analysis in US$ Thousand by End-Use: 2012-2019
TABLE 111: Industrial V-Belts Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 112: Industrial V-Belts Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 113: Rest of Middle East Industrial V-Belts Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 114: Industrial V-Belts Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027

AFRICA

TABLE 115: African Industrial V-Belts Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 116: Industrial V-Belts Historic Demand Patterns in Africa by End-Use in US$ Thousand for 2012-2019
TABLE 117: Industrial V-Belts Market Share Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 38

Note: Product cover images may vary from those shown
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