Global V-belts Market Growth 2019-2024

SKU ID : LPI-13814296 | Publishing Date : 04-Feb-2019 | No. of pages : 162

V-belt is a belt of V-shaped cross section engaging a V-shaped groove in a pulley for wedging and better traction.
V-Belts are friction based power or torque transmitters. The power is transmitted from one pulley to the other by means of the friction between the belt and pulley. The rubber used as the base material plays a very vital role in this. This is quite similar to the friction between the Tyre and road in the automobiles that enables the automobiles to move on the road.
The V-Belt is called so because of its cross section. The cross section of a V-Belt is similar to that of the letter ā€˜Vā€™.

Continental Corporation ranks the first in terms of sales share in Indian market of V-belts, occupies 8.70% of the Indian market share in 2016; While, Sanlux, with a market share of 7.97%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 31.53% of the Indian market in 2016.
Continental Corporation ranks the first in terms of sales share in global market of V-belts, occupies 14.68% of the global market share in 2016; While, Gates, with a market share of 14.27%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 30.71% of the global market in 2016.

According to this study, over the next five years the V-belts market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in V-belts business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of V-belts market by product type, application, key manufacturers and key regions and countries.

This study considers the V-belts value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
A Type
B Type
C Type
D Type
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Industrial
Agricultural
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
N.K. Enterprises
Dharamshila Belting
Navyug
Flexer Rubbers
Mitsuboshi
Gates
Fenner Drives
Continental Corporation
Beha
Optibelt
Sanlux
Sanwei

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global V-belts consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of V-belts market by identifying its various subsegments.
Focuses on the key global V-belts manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the V-belts with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of V-belts submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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