Global Automotive Timing Belt Market 2017-2021

About Automotive Timing Belt
The timing belt, also called as timing chain or cam belt synchronizes the rotation of the crankshaft and the camshaft for opening and closing the vales during intake and exhaust strokes. It is one of the most critical components in internal combustion engines (ICEs). This is because it operates and controls the number of revolutions of the camshaft, which defines the power generated by the engine.

Technavio’s analysts forecast the global automotive timing belt market to grow at a CAGR of 2.90% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive timing belt market for 2017-2021. To calculate the market size, the report considers the new shipments and aftermarket sales of the timing belt.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Timing Belt Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• B&B MANUFACTURING
• THE CARLSTAR GROUP
• ContiTech (Continental)
• J.K. Fenner (India) Limited
• Gates Corporation

Other prominent vendors
• ACDelco
• Bando USA
• Federal-Mogul Motorparts Corporation
• Dayco
• Goodyear
• Ningbo Beidi Synchronous Belt
• Ningbo Fulong Synchronous Belt
• SKF
• Tsubaki
• MAHLE Aftermarket

Market driver
• Improvement in aftermarket segment
• For a full, detailed list, view our report

Market challenge
• Increase in annual wage leading to declining profit margins
• For a full, detailed list, view our report

Market trend
• Use of thermally-stable materials for producing timing belts

• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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