Wednesday 30 September 2015

Global Automotive Timing Belt Market Growth Drivers 2015-2019



Research Report on “ Global Automotive Timing Belt Market 2015-2019”

About timing belts
Timing belts are one of the most critical components in an internal combustion engine (ICE) as it operates and controls the number of revolutions of the camshaft, which defines the power generated by the engine. As timing belts are placed close to the engine cylinder where the fuel air mixture combusts, it is exposed to a significant amount of heat. A major reason for timing belt failure in conventional timing belts is corrosion, and wear and tear due to high temperatures from the combustion chamber.

Technavio's analysts forecast the global automotive timing belt market to grow at a CAGR of 4.37% over the period 2014-2019.

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Covered in this report
This report covers the present scenario and growth prospects of the global automotive timing belt market for the period 2015-2019. To calculate the market size, the report considers automobiles manufactured and total number of automobiles in use across all geographies. It analyzes the sales of timing belts to OEMs and in the aftermarket. The geographical/regional segmentation of shares and leading countries for 2014 have been calculated on the basis of automotive production, primarily cars and commercial vehicles, and the number of automobiles in use. It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market.

Technavio's report, Global Automotive Timing Belt Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global automotive timing belt platform market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key regions
  • Americas
  • APAC
  • EMEA

Key vendors
  • B&B Manufacturing
  • Carlstar Group
  • ContiTech (Continental AG)

Other prominent vendors
  • ACDelco
  • Bando
  • Beck Arnley
  • Dayco
  • Goodyear
  • Ningbo Beidi Synchronous Belt
Market driver :Need for replacement of old and damaged timing belts
Market challenge : Shift in focus toward BEVs
Market trend : Use of thermally stable materials for producing timing belts


Table of Content :

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast

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