About Automotive Belt

A belt is a loop of flexible material used to link two or more power transmitting shafts mechanically. It has multiple applications as a part of power generation and transmission in the vehicle. There are various dynamics used to manufacture automotive belts, such as two pulley systems or parallel shafts. The belt can either drive the pulley in a single direction, or the belts are crossed to achieve the reverse direction of rotation. Belts are a simple, inexpensive mode of power transmission between two shafts that are not axially aligned. Specially designed belts with specific materials aid in power transmission depending on their application.

Technavio’s analysts forecast the global automotive belt market to grow at a CAGR of 3.87% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive belt market for 2017-2021. 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

Technavio's report, Global Automotive Belt 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
• Continental
• Gates Corporation
• Federal-Mogul
• Fenner

Other prominent vendors
• Bando
• Colmant Cuvelier
• ACDelco
• Beck/Arnley
• Dayco
• Goodyear
• Ningbo Beidi Synchronous Belt
• NingBo Fulong Synchronous Belt
• SKF
• Tsubakimoto Chain

Market driver
• Increasing demand for fuel efficiency
• For a full, detailed list, view our report

Market challenge
• Stringent regulations for owning cars in China
• For a full, detailed list, view our report

Market trend
• Thermal stability in performance vehicles
• For a full, detailed list, view our 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?

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