Increased Vehicle Parc & Average Miles Traveled drives Timing Belt Market

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Timing Belt Market   by Drive Type (Dry Belts,
Chain, Belt in Oil), Component (Idler Pulley,
Sprocket, Tensioner, Timing Shield/Cover), ICE
Hybrid (Passenger Car, Commercial Vehicle, HEV,
PHEV), Aftermarket, and Region - Global Forecast
to 2025.
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The passenger car segment is estimated to be the
largest market, by volume as well as value, for
the timing belt OE market, by ICE vehicle type.
According to OICA publication, the passenger car
production has increased from 59.89 million units
in 2011 to 72.10 million units in 2016. This
trend is projected to continue for the next five
to seven years, owing to reasons such as rising
consumer disposable income and vehicle ownership.
Alternatively, the Hybrid Electric Vehicle (HEV)
segment is expected to dominate the timing belt
market, by hybrid vehicle type. The higher
production and adoption of HEVs, as compared to
PHEVs (Plug-in Hybrid Electric Vehicle), is
leading to the growth of timing belt systems in
HEV segment. Speak to analyst https//www.market
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Tensioners are expected to lead the timing belt
market, by component, in terms of value. The
types of tensioners may vary depending upon their
application in a timing belt and timing chain. On
the basis of damping structure, auto tensioners
can also be segmented into hydraulically operated
and frictional systems. The usage of tensioners
in timing belts and chains and relatively higher
pricing have led to the growth of the timing belt
market. Request for Customization
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Browse gtgt 78 market data
tables 40 figures
124 pages and in-depth TOC on Timing
Belt Market - Global Forecast to
2025 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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Asia Oceania is estimated to be the largest and
fastest growing timing belt market during the
forecast period. Countries such as China, Japan,
and India are the leading markets in the region
in terms of vehicle production. The production of
passenger cars is the highest in the Asia Oceania
region and has grown from 40.57 million units in
2011 to 43.85 million units in 2016 as per OICA.
Asia Oceania contributed around 60.66 of the
global passenger car production in 2016 as per
OICA. The availability of cheap labor is one of
the primary reasons for the high vehicle
production in the region. China contributed
55.69 of the total passenger car production in
Asia Oceania in 2016. Japan and India contributed
17.95 and 8.39 of the passenger car production,
respectively in 2016. These factors have helped
Asia Oceania to become the largest timing belt
market.   Request Sample https//www.marketsandmar
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• Target audience
• Automotive organizations/associations
• Automotive Original Equipment Manufacturers
  (OEMs)
• Raw material suppliers for timing belt kits
• Tensioner pulley and idler pulley manufacturers
• Timing belt and timing chain manufacturers
• Timing belt kit distributors
• Aftermarket suppliers of timing drive kit (OES
  independent aftermarket suppliers)
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• https//www.marketsandmarkets.com/Purchase/purchas
  e_reportNew.asp?id135305591

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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes
  profiles of some of the top players in the Timing
  Belt Market. These players include
• Continental (Germany),
• iwis motorsysteme (Germany),
• SKF (Sweden),
• BorgWarner (US),
• Tsubakimoto Chain (Japan),

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