Global Timing Belt Market Size study with COVID-19 impact, by ICE vehicle (Passenger Vehicle and Commercial Vehicle), by Hybrid vehicle type (Hybrid Electric Vehicle (HEV) and Plug-In Hybrid Electric Vehicle (PHEV)), by Component (Tensioner, Idler Pulley, Timing Shield/Cover and Sprocket) and Regional Forecasts 2020-2027

BIZ3933692
200 Pages
July 2020
Automotive and Transportation

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Global Timing Belt Market is valued approximately USD 6.87 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.21% over the forecast period 2020-2027. Timing belt, additionally known as the timing chain and is a component of the inner combustion engine of an automobile. The main feature of the timing belt is to synchronize the rotation of the camshafts to ensure the engine valves open and close at times. The global pandemic of COVID-19 is having inverse effect to the growth of timing belt market due to the announcement of lockdown by government authorities in the various region such as China, India, Germany, Spain, Italy, and United States. The lockdown in such regions created interruption in supply of essential raw materials and automobile parts which leads to the steady growth of market over the forecast years. Moreover, the global rise in production of passenger vehicles is propelling the growth of market due to the remarkable role of timing belt in delivering precise motion with accurate timing, reduction in rusting, high mechanical efficiency and zero slip problem to the passenger vehicle. For instance: According to the International Organization of Motor Vehicle Manufacturer (OICA), The production of passenger cars accounted for around 73.45 million units in the year 2017 as compared to 72.10 million units in the year 2016 on the global scenario. In addition, Data Mining and Artificial Intelligence in the Timing Belt System is creating a lucrative opportunity to the market growth over the forecast years. However, increase in demand for battery electric vehicles is the factor hampering the growth of market.

The regional analysis of global Timing Belt Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increased vehicle parc & average miles traveled. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rise in production of automobiles in the region would create lucrative growth prospects for the Timing Belt Market across Asia-Pacific region.

Major market player included in this report are:

Continental AG

BorgWarner

Schaffler

SKF

Toyoda

NTN

Aisin

Tsubakimoto

Fenner Limited

Goodyear SKF

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and ICE vehicle offerings of key players. The detailed segments and sub-segment of the market are explained below:

By ICE vehicle:

Passenger Vehicle

Commercial Vehicle

By Hybrid Vehicle type:

Hybrid Electric Vehicle (HEV)

Plug-In Hybrid Electric Vehicle (PHEV)

By Component:

Tensioner

Idler Pulley

Timing Shield/Cover

Sprocket

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Timing Belt Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Timing Belt Market, by Region, 2018-2027 (USD Billion)

1.2.2. Timing Belt Market, by ICE Vehicle, 2018-2027 (USD Billion)

1.2.3. Timing Belt Market, by Hybrid Vehicle, 2018-2027 (USD Billion)

1.2.4. Timing Belt Market, by Component, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Timing Belt Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Timing Belt Market Dynamics

3.1. Timing Belt Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Timing Belt Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Timing Belt Market, by ICE Vehicle

5.1. Market Snapshot

5.2. Global Timing Belt Market by ICE Vehicle, Performance - Potential Analysis

5.3. Global Timing Belt Market Estimates & Forecasts by ICE Vehicle 2017-2027 (USD Billion)

5.4. Timing Belt Market, Sub Segment Analysis

5.4.1. Passenger Vehicle

5.4.2. Commercial Vehicle

Chapter 6. Global Timing Belt Market, by Hybrid Vehicle Type

6.1. Market Snapshot

6.2. Global Timing Belt Market by Hybrid Vehicle type, Performance - Potential Analysis

6.3. Global Timing Belt Market Estimates & Forecasts by Hybrid Vehicle type 2017-2027 (USD Billion)

6.4. Timing Belt Market, Sub Segment Analysis

6.4.1. Hybrid Electric Vehicle (HEV)

6.4.2. Plug-In Hybrid Electric Vehicle (PHEV)

Chapter 7. Global Timing Belt Market, by Component

7.1. Market Snapshot

7.2. Global Timing Belt Market by Component, Performance - Potential Analysis

7.3. Global Timing Belt Market Estimates & Forecasts by Component 2017-2027 (USD Billion)

7.4. Timing Belt Market, Sub Segment Analysis

7.4.1. Tensioner

7.4.2. Idler Pulley

7.4.3. Timing Shield/Cover

7.4.4. Sprocket

Chapter 8. Global Timing Belt Market, Regional Analysis

8.1. Timing Belt Market, Regional Market Snapshot

8.2. North America Timing Belt Market

8.2.1. U.S. Timing Belt Market

8.2.1.1. ICE Vehicle breakdown estimates & forecasts, 2017-2027

8.2.1.2. Hybrid Vehicle type breakdown estimates & forecasts, 2017-2027

8.2.1.3. Component breakdown estimates & forecasts, 2017-2027

8.2.2. Canada Timing Belt Market

8.3. Europe Timing Belt Market Snapshot

8.3.1. U.K. Timing Belt Market

8.3.2. Germany Timing Belt Market

8.3.3. France Timing Belt Market

8.3.4. Spain Timing Belt Market

8.3.5. Italy Timing Belt Market

8.3.6. Rest of Europe Timing Belt Market

8.4. Asia-Pacific Timing Belt Market Snapshot

8.4.1. China Timing Belt Market

8.4.2. India Timing Belt Market

8.4.3. Japan Timing Belt Market

8.4.4. Australia Timing Belt Market

8.4.5. South Korea Timing Belt Market

8.4.6. Rest of Asia Pacific Timing Belt Market

8.5. Latin America Timing Belt Market Snapshot

8.5.1. Brazil Timing Belt Market

8.5.2. Mexico Timing Belt Market

8.6. Rest of The World Timing Belt Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Continental AG

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. ICE Vehicle Summary

9.2.1.5. Recent Developments

9.2.2. BorgWwarner

9.2.3. Schaffler

9.2.4. SKF

9.2.5. Toyoda

9.2.6. NTN

9.2.7. Aisin

9.2.8. Tsubakimoto

9.2.9. Fenner Limited

9.2.10. Goodyear SKF

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

TABLE 1. Global Timing Belt market, report scope

TABLE 2. Global Timing Belt market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Timing Belt market estimates & forecasts by ICE Vehicle 2017-2027 (USD Billion)

TABLE 4. Global Timing Belt market estimates & forecasts by Hybrid vehicle type 2017-2027 (USD Billion)

TABLE 5. Global Timing Belt market estimates & forecasts by Component 2017-2027 (USD Billion)

TABLE 6. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Timing Belt market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. Global Timing Belt market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 23. U.S. Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. U.S. Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 25. Canada Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 26. Canada Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. Canada Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 28. UK Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 29. UK Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. UK Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 31. Germany Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 32. Germany Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. Germany Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 34. France Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 35. France Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. France Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 37. Spain Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 38. Spain Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Spain Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 40. Italy Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 41. Italy Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. Italy Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 43. ROE Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 44. ROE Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. ROE Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 46. China Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 47. China Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. China Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 49. India Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 50. India Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. India Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 52. Japan Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 53. Japan Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Japan Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 55. Australia Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 56. Australia Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. Australia Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 58. South Korea Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 59. South Korea Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. South Korea Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 61. ROPAC Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 62. ROPAC Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. ROPAC Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 64. Brazil Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 65. Brazil Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Brazil Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 67. Mexico Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 68. Mexico Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. Mexico Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 70. ROLA Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 71. ROLA Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROLA Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 73. ROW Timing Belt market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 74. ROW Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. ROW Timing Belt market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 76. List of secondary sources, used in the study of global Timing Belt market

TABLE 77. List of primary sources, used in the study of global Timing Belt market

TABLE 78. Years considered for the study

TABLE 79. Exchange rates considered

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