Automotive Timing Belt Market Regulations and Competitive Landscape Outlook to 2027 May 2017 Report Id : REP-GB-3758 Status : Ongoing Category : Automotive & Transportation ©2015 Future Market Insights, All Rights Reserved About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. 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T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com ©2015 Future Market Insights, All Rights Reserved 2 Research Methodology (1/2) Systematic Research Approach 1 Market profiling 2 Formulating discussion guide 3 Developing list of respondents 4 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Data collection PMR conducts interviews with industry experts, industry players, distributors and retailers Data validation Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 6 Data analysis Insights 7 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF) Data Collection Research & Intelligence Data Filter & Analysis Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Actionable Insights A Primary Research B SOLUTION Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments Primary Research # Linkedin Zoominfo Salesforce Avention Business Solution Desk Research C Key industry experts Channel study Developments Market dynamics Products Conclusions Company Analysis Secondary Research # Company websites Company annual reports White papers Financial reports Paid Publications# Factiva GBI Genios Meltwater # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3 Automotive Timing Belt Market The automotive timing belt is an essential part of any internal combustion engine. The function of these timing belts or chains is to coordinate the rotation of camshafts and crankshaft in such a way that the inlet and outlet valves open and close at correct and suitable times during an engine’s exhaust and intake cycles. The timing belt or timing chain is very crucial as it prevents the pistons from hitting the valves. Automotive timing belts are basically either toothed belts or drive belts with teeth on the inside surface. The timing chain is a simple roller chain. Timing belts are usually made from polymers, rubbers or metal chains. These days, manufacturers are focusing on creating timing belts or chains which facilitate proper synchronization of crankshaft rotation with camshaft rotation. However, some still old engines use gears for driving the camshaft. There are many advantages of using timing belts or timing chains instead of direct gears for the placement of camshaft away from the crankshaft. Additionally, engines with multiple camshafts have a timing chain or belt that enables the engine designer to place camshafts away from each other. Timing chains were quite popular in automobiles through the 1980’s. However, timing chains have become increasingly popular again in recent years. Timing chains are normally more robust than timing belts, but, neither is as strong as the direct gear drive. However, since timing belts are less expensive, operate more quietly and are lighter, they are preferred over direct gear drive. Automotive timing Belt Market dynamics: The market for automotive engine timing drives is composed principally of belt- and belt-based products, with belts being currently used in a majority of engines. ©2015 Future Market Insights, All Rights Reserved 4 Automotive Timing Belt Market In recent years, however, the automotive engine manufacturers are leaning towards more reliable and lower fuel consumption models. Therefore, their interest in belts, which are more durable and compact, has increased. Technological modernization has assisted in the expansion of new belts that are quieter, lighter and smaller than conventional belts and as a result, automakers are increasingly choosing to use belts in new engines. The market share of automotive belts is expected to surpass that of driving gears in the next five years. The market for automotive timing belts is anticipated to grow at a healthy CAGR in the coming future. Furthermore, growing applications of automotive belts in the automotive industry is expected to propel the growth of the automotive timing belt market in near future. Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3758 Automotive timing Belt Market segmentation: Automotive timing belts can be segmented on the basis of type of chemicals and application. By Product type, the automotive timing belt Market can be segmented into: • Timing Belts • Timing Chains ©2015 Future Market Insights, All Rights Reserved 5 Automotive Timing Belt Market On the basis of Sales Channels, the automotive timing belt market can be segmented into: • OEM • Aftermarket On the basis of Vehicle Type, the automotive timing belt market can be segmented into: • Passenger Cars • LCV • HCV Automotive timing Belt: Regional Outlook: Owing to increasing global vehicle production and manufacturing, adoption of fuel competent technologies, developments in materials in reference to their durability and stern emission guidelines and norms, the market for timing belts is estimated to grow at a swift pace in coming future. The demand for timing chains or belts is also projected to grow due to the implementation of new fuel saving technologies and the growing government regulations on tail pipe emissions globally. ©2015 Future Market Insights, All Rights Reserved 6 Automotive Timing Belt Market The demand for timing belts and chains is coming from emerging nations such as India, China, Brazil, Russia and South Africa. Additionally, the increasing demand for automobiles in these regions is expected to grow at a very rapid rate, which in turn, is estimated to fuel the growth of the overall timing belt market globally. In terms of the global demand, the Asia Pacific region is anticipated to be largest market for the automotive timing belts and chains due to the growing vehicle production in China, followed by India. The demand for automotive timing belts in European countries is also anticipated to be high owing to the increasing production of automobiles in this region. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3758 Automotive timing Belt: Market Participants Some of the market participants in the Automotive timing Belt market are: • B&B Manufacturing • Dayco • Ningbo Beidi Synchronous Belt • NingBo Fulong Synchronous Belt ©2015 Future Market Insights, All Rights Reserved 7 Automotive Timing Belt Market • SKF • Tsubaki • Carlstar Group • ContiTech (Continental AG) • Fenner • Gates • ACDelco Click here to Order a free sample • Bando • Beck Arnley ©2015 Future Market Insights, All Rights Reserved 8 To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Thank You Future Market Insights Global & Consulting Private Limited (FMI) ©2015 Future Market Insights, All Rights Reserved 9
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