Serpentine Belt Market by Engine Capacity (<1.4L, 1.5L-2.0L, 2.1L-3.0L, 3.1L-4.0L and 4.0L & Above), Belt Type (Serpentine & Timing), Market (OEM & Aftermarket), Fuel Type (Gasoline & Diesel), Vehicle Type, and Region - Global Trends & Forecast to 2020
The belts in any vehicle help to connect and drive accessories to the engine and facilitate the efficient execution of various processes like turning the alternator, cooling fan or water pump etc. Owing to the aforementioned fucntions, automotive belts are vital components as their failure can cause trivial inconvenience to major issues as well. There are majorly two types of belts used in any vehicle - the timing belt and the serpentine belt. The timing belt is also sometimes called a Glimmer belt or camshaft drive belt. It basically lets the crankshaft to turn the camshaft. The engine can stop working if and when the timing belt breaks. This can happen if the belt is loose as it will lead the valves to open at the wrong time and get struck by the pistons of the engine. Drive belt or also known as serpentine belt provide power to the air conditioning compressor, power steering pump, cooling fan, air injection pump, etc. Damage to the serpentine belt is not good either. If the serpentine belt breaks, all the aforementioned parts that it are supporting will also come to a halt which might lead to the overheating of engine and eventually its break down.
The automotive industry is being highly influenced by the developing markets of the emerging economies. As the demand for vehicles is declining in most matured markets, the manufacturers have turned their attention to attract the economically rising middle class in emerging countries like China, India and Brazil. This boom to the automotive sector as a whole also pushes the automotive belt market since it is a very crucial component of an automobile. Another driver to the automotive belt industry is that the belts need to be changed before they become too obsolete to avoid breaking down of engine. This constitutes a regular source of demand to the manufacturers in the aftermarket.
This report classifies and defines the automotive belt market size, in terms of volume and value. It provides a comprehensive analysis and insights (both, qualitative and quantitative) into automotive belt market while highlighting the potential growth opportunities in the coming years and reviews the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to automotive belt products. The report also covers who supplies whom data for all the key market players and the product life cycle for each belt type.
This report segments the automotive belt market as:
- By Engine Capacity
- < 1.4L
- 1.5L – 2.0L
- 2.1L – 3.0L
- 3.1L – 4.0L
- > 4.1L
- By Fuel Type
- Gasoline
- Diesel
- By Region
- Asia-Oceania
- Europe
- North America,
- ROW
- OEM and Aftermarket, By Belt Type
- Serpentine Belt (Drive Belt)
- Timing Belt (Glimmer Belt)
- By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
The key players in the automotive belt market have also been identified and profiled.
Target Audience
- Automotive belts manufacturers
- Automotive engine management system manufacturers
- Equipment service providers
- Government and research organizations
- Consulting companies of automotive sector
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Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Markets Covered
1.2.1 Global Automotive Belts Market, By Region
1.2.2 Global Automotive Belts Oe Market, By Belt Type
1.2.3 Global Automotive Belts Aftermarket, By Belt Type
1.3 Stakeholders
1.4 Market Definitions
1.5 Market Scope
1.5.1 Markets Covered
1.5.2 Years Considered in the Report
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Crackdown and Data Triangulation
2.3 Market Share Estimation
2.3.1 Key Data Points Taken From Secondary Sources
2.3.2 Key Data Points Taken From Primary Sources
2.3.3 Assumptions
2.3.4 Limitations
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunites
5.3.4 Challenges
5.4 Porter’s Five Force Analysis
5.4.1 Threat From New Entrants
5.4.2 Threat From Substitutes
5.4.3 Bargaining Power of Suppliers
5.4.4 Bargaining Power of Buyers
5.4.5 Intensity of Competitive Rivalry
5.5 Burning Issues
5.6 Value Chain Analysis
6 Global Automotive Belts Market, By Region
6.1 Introduction
6.2 Pest Anaysis
6.2.1 Political Factors
6.2.2 Economic Factors
6.2.3 Social Factors
6.2.4 Technological Factors
6.3 Global Market, By Region
6.3.1 Asia-Oceania Market, By Country
6.3.1.1 China
6.3.1.2 India
6.3.1.3 Japan
6.3.1.4 South Korea
6.3.1.5 Others
6.3.2 Europe Market, By Country
6.3.2.1 U.K.
6.3.2.2 Germany
6.3.2.3 France
6.3.2.4 Others
6.3.3 North America Market, By Country
6.3.3.1 U.S.
6.3.3.2 Mexico
6.3.3.3 Canada
6.3.4 Row Market, By Country
6.3.4.1 Brazil
6.3.4.2 Russia
6.3.4.3 Others
7 Global Automotive Belts Oe Market, By Belt Type
7.1 Introduction
7.2 Market By Type
7.2.1 Serpentine/Drive Belt Market, By Engine Capacity
7.2.1.1 <1.4l
7.2.1.2 1.5l – 2.0l
7.2.1.3 2.1l – 3.0l
7.2.1.4 3.1l – 4.0l
7.2.1.5 >4.1l
7.2.2 Timing/Gilmer Belt Market, By Engine (Fuel) Type
7.2.2.1 Gasoline
7.2.2.2 Diesel
8 Global Belt Aftermarket, By Belt Type
8.1 Introduction
8.1.1 Aftermarket Market, By Belt Type
8.1.1.1 Serpentine/Drive Belt
8.1.1.2 Timing/Gilmer Belt
9 Competitive Landscape
9.1 Overview
9.2 Competitive Situation and Trends
9.3 New Product Launches
9.4 Agreements, Partnerships, Collaborations, & Joint Ventures
9.5 Mergers & Acquisitions
9.6 Expansions
9.7 Supply Contracts
10 Company Profiles
10.1 Federal Mogul
10.2 Contitech AG
10.3 Hutchinson
10.4 Dayco Products LLC
10.5 Dunlop
10.6 Mitsubishi
10.7 The Gates Corp.
10.8 Altra Industrial Motion Corp.
10.9 Megadyne Spa
10.10 Zhejiang Hutian Rubber Belt Co.,Ltd
10.11 Henan Weishi Zhongyuan Rubber Co., Ltd
Growth opportunities and latent adjacency in Serpentine Belt Market