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(IT-NEWSWIRE.COM, September 04, 2018 ) Global Timing Belt Market 2018-2023
This report studies the Timing Belt market. Timing belt is a synthetic rubber belt, which reinforced with fiber cords. It is a ribbed belt placed in a specific configuration along one side of automobile engine to keep crank and camshafts timed properly. When the engine is on, the crankshaft converts linear energy from the pistons into rotational energy. The rotating wheel drives the timing belt and eventually the timing belt drives the two camshaft opens and closes the engine's valves to allow air and gas in and out of the engine. If the timing belt does not work well, the pistons and valves may collide, so drivers should replace timing belt regularly.
Scope of the Global Timing Belt Market Report
This report studies the Timing Belt market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Timing Belt market by product type and applications/end industries.
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The worldwide market for Timing Belt is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 3270 million US$ in 2023, from 2720 million US$ in 2017, according to a new GIR (Global Info Research) study.
At present, there are a mass of manufacturers in the market. Leading five companies in the market are Gates, Continental, BANDO, DAYCO and Tsubakimoto, together occupying about 40% market share in 2016. Other major manufacturers in the market are Forbo, Hutchinson, OPTIBELT, Bosch, Mitsuboshi, Timken, Schaeffler, Habasit, ACDelco, SKF, Megadyne, Federal-Mogul, Wuxi Belt, DRB, Ningbo Jiebao, Shanghai Wutong, Ningbo Fulong and Zhejiang Kaiou etc. As downstream demand grows and technical barriers become less, there will be a huge market space for timing belt. To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of new entrants and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, timing belt market will still be a market of fierce competition.
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This report covers Analysis of Global Timing Belt Market Segment by Manufacturers
Gates Continental BANDO DAYCO Tsubakimoto Forbo Hutchinson OPTIBELT Bosch Mitsuboshi Timken Schaeffler Habasit ACDelco SKF Megadyne Federal-Mogul Wuxi Belt DRB Ningbo Jiebao Shanghai Wutong Ningbo Fulong Zhejiang Kaiou
Global Timing Belt Market Segment by regional analysis covers
North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Global Timing Belt Market Segment by Type
Rubber Belt PU Belt
Global Timing Belt Market Segment by Applications, can be divided into
Automotive Industrial Others
Some of the Points cover in Global Timing Belt Market Research Report is:
Chapter 1: Describe Timing Belt Industry
Introduction, Product Scope, Market Overview, Market Opportunities, Market Risk, Market Driving Force Chapter 2: To analyze the top manufacturers of Timing Belt Industry in 2016 and 2017
Sales Revenue and price Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017
Sales Revenue and market share Chapter 4: Global Timing Belt Market by regions from 2013 to 2018
Sales Revenue and market share Chapter 5, 6, 7 and 8: Global Timing Belt Market by key countries in these regions
Sales Revenue and market share Chapter 9 and 10: Global Timing Belt Market by type and application from 2013 to 2018
Sales Revenue and market share Growth rate Chapter 11:Timing Belt Industry Market forecast from 2018 to 2023
Regions Type and application with sales and revenue Chapter 12 and 13:Timing Belt Industry
Sales channel Distributors Traders and dealers Appendix Data source About Us:
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