NEW YORK, Feb. 25, 2020 /PRNewswire/ -- Belt Drives market worldwide is projected to grow by US$1.7 Billion, driven by a compounded growth of 4%. Material Handling, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.9 Billion by the year 2025, Material Handling will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 3.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$62.3 Million to the region's size and clout in the next 5 to 6 years. Over US$52 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Material Handling will reach a market size of US$82.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.1% over the next couple of years and add approximately US$476.2 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others,
- Arntz Optibelt Group
- Colmant Cuvelier RPS S.A.S.
- ContiTech AG
- Dayco Products, LLC
- Federal-Mogul Holdings Corporation
- Fenner PLC
- Gates Corporation
- Mitsuboshi Belting Ltd.
- Regina Industria SpA
- The Timken Company
- Tsubakimoto Chain Co.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Belt Drives - A Preview
Recent Market Activity
Improving Economy Buoys General Market Optimism
Current State of the Manufacturing Industry: Vital for Market
Growth
Progressive Momentum in Global Manufacturing PMI Underpins
Volume Growth
Outlook
Export-Import Statistics
Global Competitor Market Shares
Belt Drives Competitor Market Share Scenario Worldwide (in %):
2020 & 2029
2. FOCUS ON SELECT PLAYERS
Arntz Optibelt Group (Germany)
Colmant Cuvelier RPS S.A.S. (France)
ContiTech AG (Germany)
Dayco Products, LLC (USA)
Federal-Mogul Holdings Corporation (USA)
Fenner PLC (UK)
Gates Corporation (USA)
Mitsuboshi Belting Ltd. (Japan)
Regina Industria SpA (Italy)
The Timken Company (USA)
Tsubakimoto Chain Co. (Japan)
3. MARKET TRENDS & DRIVERS
Heavy Industrial Equipment/Machinery Manufacturing Industry
Sets the Stage for Demand
Healthy Outlook for the Oil & Gas Industry Bodes Well for the
Asphalt Market
Global Oil Demand & Supply Scenario: Opportunity Indicators
Steady Growth in Global Power Generation Activity Spurs Demand
Strong Demand for Conveyor Equipment Promotes Market for Belt
Drives
Factors Influencing Demand for Conveyors
Robust Demand for Construction Equipment Offers Growth
Opportunities
US Displays an Upside Potential
Europe - A Mixed Bag of Opportunities
Rising Demand in Developing Economies to Energize Growth
Mechanization of Agriculture Spurs Growth
Technology Advances to Spur Growth Opportunities
3D Printing Technology Transforming Pulley and Belt Design
Applications Drive Innovation in Pulley and Belt Design
Metal Belts on the Rise
New Materials to Drive Opportunities for Timing Belts
Ease of Maintenance Promotes Belt Drives over Chain Drives in
Food Manufacturing
Improving Energy Efficiency - A Vital Goal for Belt Drives
CVT Technology Makes a Determined Comeback
Component Manufacturers Lead Drive Belt Innovations to Comply
with Changing Automotive Manufacturing Requirements
Vehicles in Operation - A Market Opportunity for Replacement
Demand
Focus on Fuel Efficiency Promotes Interest in Belt Drives
Growing Focus on Hybrid Vehicles Spurs Improvements in Belt Drives
Belt Drive - The Future of eBikes/Bicycles
4. GLOBAL MARKET PERSPECTIVE
Table 1: Belt Drives Global Market Estimates and Forecasts in
US$ Million by Region/Country: 2018-2025
Table 2: Belt Drives Global Retrospective Market Scenario in
US$ Million by Region/Country: 2009-2017
Table 3: Belt Drives Market Share Shift across Key Geographies
Worldwide: 2009 VS 2019 VS 2025
Table 4: Material Handling (End-Use) Global Opportunity
Assessment in US$ Million by Region/Country: 2018-2025
Table 5: Material Handling (End-Use) Historic Sales Analysis in
US$ Million by Region/Country: 2009-2017
Table 6: Material Handling (End-Use) Percentage Share Breakdown
of Global Sales by Region/Country: 2009 VS 2019 VS 2025
Table 7: Industrial Machinery (End-Use) Worldwide Sales in US$
Million by Region/Country: 2018-2025
Table 8: Industrial Machinery (End-Use) Historic Demand
Patterns in US$ Million by Region/Country: 2009-2017
Table 9: Industrial Machinery (End-Use) Market Share Shift
across Key Geographies: 2009 VS 2019 VS 2025
Table 10: Agriculture (End-Use) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2018-2025
Table 11: Agriculture (End-Use) Retrospective Demand Analysis
in US$ Million by Region/Country: 2009-2017
Table 12: Agriculture (End-Use) Market Share Breakdown by
Region/Country: 2009 VS 2019 VS 2025
Table 13: Mining (End-Use) Demand Potential Worldwide in US$
Million by Region/Country: 2018-2025
Table 14: Mining (End-Use) Historic Sales Analysis in US$
Million by Region/Country: 2009-2017
Table 15: Mining (End-Use) Share Breakdown Review by
Region/Country: 2009 VS 2019 VS 2025
Table 16: Other End-Uses (End-Use) Worldwide Latent Demand
Forecasts in US$ Million by Region/Country: 2018-2025
Table 17: Other End-Uses (End-Use) Global Historic Analysis in
US$ Million by Region/Country: 2009-2017
Table 18: Other End-Uses (End-Use) Distribution of Global Sales
by Region/Country: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Belt Drives Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 19: United States Belt Drives Latent Demand Forecasts in
US$ Million by End-Use: 2018 to 2025
Table 20: Belt Drives Historic Demand Patterns in the United
States by End-Use in US$ Million for 2009-2017
Table 21: Belt Drives Market Share Breakdown in the United
States by End-Use: 2009 VS 2019 VS 2025
CANADA
Table 22: Canadian Belt Drives Market Quantitative Demand
Analysis in US$ Million by End-Use: 2018 to 2025
Table 23: Belt Drives Market in Canada: Summarization of
Historic Demand Patterns in US$ Million by End-Use for
2009-2017
Table 24: Canadian Belt Drives Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025
JAPAN
Table 25: Japanese Demand Estimates and Forecasts for Belt
Drives in US$ Million by End-Use: 2018 to 2025
Table 26: Japanese Belt Drives Market in US$ Million by
End-Use: 2009-2017
Table 27: Belt Drives Market Share Shift in Japan by End-Use:
2009 VS 2019 VS 2025
CHINA
Table 28: Chinese Demand for Belt Drives in US$ Million by
End-Use: 2018 to 2025
Table 29: Belt Drives Market Review in China in US$ Million by
End-Use: 2009-2017
Table 30: Chinese Belt Drives Market Share Breakdown by
End-Use: 2009 VS 2019 VS 2025
EUROPE
Market Facts & Figures
European Belt Drives Market: Competitor Market Share Scenario
(in %) for 2020 & 2025
Market Analytics
Table 31: European Belt Drives Market Demand Scenario in US$
Million by Region/Country: 2018-2025
Table 32: Belt Drives Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2009-2017
Table 33: European Belt Drives Market Share Shift by
Region/Country: 2009 VS 2019 VS 2025
Table 34: European Belt Drives Addressable Market Opportunity
in US$ Million by End-Use: 2018-2025
Table 35: Belt Drives Market in Europe: Summarization of
Historic Demand in US$ Million by End-Use for the Period
2009-2017
Table 36: European Belt Drives Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025
FRANCE
Table 37: Belt Drives Quantitative Demand Analysis in France in
US$ Million by End-Use: 2018-2025
Table 38: French Belt Drives Historic Market Review in US$
Million by End-Use: 2009-2017
Table 39: French Belt Drives Market Share Analysis: A 17-Year
Perspective by End-Use for 2009, 2019, and 2025
GERMANY
Table 40: Belt Drives Market in Germany: Annual Sales Estimates
and Forecasts in US$ Million by End-Use for the Period
2018-2025
Table 41: German Belt Drives Market in Retrospect in US$
Million by End-Use: 2009-2017
Table 42: Belt Drives Market Share Distribution in Germany by
End-Use: 2009 VS 2019 VS 2025
ITALY
Table 43: Italian Demand for Belt Drives in US$ Million by
End-Use: 2018 to 2025
Table 44: Belt Drives Market Review in Italy in US$ Million by
End-Use: 2009-2017
Table 45: Italian Belt Drives Market Share Breakdown by
End-Use: 2009 VS 2019 VS 2025
UNITED KINGDOM
Table 46: United Kingdom Demand Estimates and Forecasts for
Belt Drives in US$ Million by End-Use: 2018 to 2025
Table 47: United Kingdom Belt Drives Market in US$ Million by
End-Use: 2009-2017
Table 48: Belt Drives Market Share Shift in the United Kingdom
by End-Use: 2009 VS 2019 VS 2025
SPAIN
Table 49: Spanish Belt Drives Market Quantitative Demand
Analysis in US$ Million by End-Use: 2018 to 2025
Table 50: Belt Drives Market in Spain: Summarization of
Historic Demand Patterns in US$ Million by End-Use for
2009-2017
Table 51: Spanish Belt Drives Market Share Analysis by End-Use:
2009 VS 2019 VS 2025
RUSSIA
Table 52: Russian Belt Drives Latent Demand Forecasts in US$
Million by End-Use: 2018 to 2025
Table 53: Belt Drives Historic Demand Patterns in Russia by
End-Use in US$ Million for 2009-2017
Table 54: Belt Drives Market Share Breakdown in Russia by
End-Use: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 55: Rest of Europe Belt Drives Addressable Market
Opportunity in US$ Million by End-Use: 2018-2025
Table 56: Belt Drives Market in Rest of Europe: Summarization
of Historic Demand in US$ Million by End-Use for the Period
2009-2017
Table 57: Rest of Europe Belt Drives Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 58: Asia-Pacific Belt Drives Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 59: Belt Drives Market in Asia-Pacific: Historic Market
Analysis in US$ Million by Region/Country for the Period
2009-2017
Table 60: Asia-Pacific Belt Drives Market Share Analysis by
Region/Country: 2009 VS 2019 VS 2025
Table 61: Belt Drives Quantitative Demand Analysis in
Asia-Pacific in US$ Million by End-Use: 2018-2025
Table 62: Asia-Pacific Belt Drives Historic Market Review in
US$ Million by End-Use: 2009-2017
Table 63: Asia-Pacific Belt Drives Market Share Analysis:
A 17-Year Perspective by End-Use for 2009, 2019, and 2025
AUSTRALIA
Table 64: Belt Drives Market in Australia: Annual Sales
Estimates and Forecasts in US$ Million by End-Use for the
Period 2018-2025
Table 65: Australian Belt Drives Market in Retrospect in US$
Million by End-Use: 2009-2017
Table 66: Belt Drives Market Share Distribution in Australia by
End-Use: 2009 VS 2019 VS 2025
INDIA
Table 67: Indian Belt Drives Market Quantitative Demand
Analysis in US$ Million by End-Use: 2018 to 2025
Table 68: Belt Drives Market in India: Summarization of
Historic Demand Patterns in US$ Million by End-Use for
2009-2017
Table 69: Indian Belt Drives Market Share Analysis by End-Use:
2009 VS 2019 VS 2025
SOUTH KOREA
Table 70: Belt Drives Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by End-Use for the
Period 2018-2025
Table 71: South Korean Belt Drives Historic Market Analysis in
US$ Million by End-Use: 2009-2017
Table 72: Belt Drives Market Share Distribution in South Korea
by End-Use: 2009 VS 2019 VS 2025
REST OF ASIA-PACIFIC
Table 73: Rest of Asia-Pacific Demand Estimates and Forecasts
for Belt Drives in US$ Million by End-Use: 2018 to 2025
Table 74: Rest of Asia-Pacific Belt Drives Market in US$
Million by End-Use: 2009-2017
Table 75: Belt Drives Market Share Shift in Rest of
Asia-Pacific by End-Use: 2009 VS 2019 VS 2025
LATIN AMERICA
Table 76: Latin American Belt Drives Market Trends by
Region/Country in US$ Million: 2018-2025
Table 77: Belt Drives Market in Latin America in US$ Million by
Region/Country: A Historic Perspective for the Period 2009-2017
Table 78: Latin American Belt Drives Market Percentage
Breakdown of Sales by Region/Country: 2009, 2019, and 2025
Table 79: Latin American Demand for Belt Drives in US$ Million
by End-Use: 2018 to 2025
Table 80: Belt Drives Market Review in Latin America in US$
Million by End-Use: 2009-2017
Table 81: Latin American Belt Drives Market Share Breakdown by
End-Use: 2009 VS 2019 VS 2025
ARGENTINA
Table 82: Argentinean Belt Drives Addressable Market
Opportunity in US$ Million by End-Use: 2018-2025
Table 83: Belt Drives Market in Argentina: Summarization of
Historic Demand in US$ Million by End-Use for the Period
2009-2017
Table 84: Argentinean Belt Drives Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025
BRAZIL
Table 85: Belt Drives Quantitative Demand Analysis in Brazil in
US$ Million by End-Use: 2018-2025
Table 86: Brazilian Belt Drives Historic Market Review in US$
Million by End-Use: 2009-2017
Table 87: Brazilian Belt Drives Market Share Analysis:
A 17-Year Perspective by End-Use for 2009, 2019, and 2025
MEXICO
Table 88: Belt Drives Market in Mexico: Annual Sales Estimates
and Forecasts in US$ Million by End-Use for the Period
2018-2025
Table 89: Mexican Belt Drives Market in Retrospect in US$
Million by End-Use: 2009-2017
Table 90: Belt Drives Market Share Distribution in Mexico by
End-Use: 2009 VS 2019 VS 2025
REST OF LATIN AMERICA
Table 91: Rest of Latin America Belt Drives Latent Demand
Forecasts in US$ Million by End-Use: 2018 to 2025
Table 92: Belt Drives Historic Demand Patterns in Rest of Latin
America by End-Use in US$ Million for 2009-2017
Table 93: Belt Drives Market Share Breakdown in Rest of Latin
America by End-Use: 2009 VS 2019 VS 2025
MIDDLE EAST
Table 94: The Middle East Belt Drives Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 95: Belt Drives Market in the Middle East by
Region/Country in US$ Million: 2009-2017
Table 96: The Middle East Belt Drives Market Share Breakdown by
Region/Country: 2009, 2019, and 2025
Table 97: The Middle East Belt Drives Market Quantitative
Demand Analysis in US$ Million by End-Use: 2018 to 2025
Table 98: Belt Drives Market in the Middle East: Summarization
of Historic Demand Patterns in US$ Million by End-Use for
2009-2017
Table 99: The Middle East Belt Drives Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025
IRAN
Table 100: Iranian Demand Estimates and Forecasts for Belt
Drives in US$ Million by End-Use: 2018 to 2025
Table 101: Iranian Belt Drives Market in US$ Million by
End-Use: 2009-2017
Table 102: Belt Drives Market Share Shift in Iran by End-Use:
2009 VS 2019 VS 2025
ISRAEL
Table 103: Israeli Belt Drives Addressable Market Opportunity
in US$ Million by End-Use: 2018-2025
Table 104: Belt Drives Market in Israel: Summarization of
Historic Demand in US$ Million by End-Use for the Period
2009-2017
Table 105: Israeli Belt Drives Market Share Analysis by
End-Use: 2009 VS 2019 VS 2025
SAUDI ARABIA
Table 106: Saudi Arabian Demand for Belt Drives in US$ Million
by End-Use: 2018 to 2025
Table 107: Belt Drives Market Review in Saudi Arabia in US$
Million by End-Use: 2009-2017
Table 108: Saudi Arabian Belt Drives Market Share Breakdown by
End-Use: 2009 VS 2019 VS 2025
UNITED ARAB EMIRATES
Table 109: Belt Drives Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
End-Use for the Period 2018-2025
Table 110: United Arab Emirates Belt Drives Historic Market
Analysis in US$ Million by End-Use: 2009-2017
Table 111: Belt Drives Market Share Distribution in United Arab
Emirates by End-Use: 2009 VS 2019 VS 2025
REST OF MIDDLE EAST
Table 112: Belt Drives Market in Rest of Middle East: Annual
Sales Estimates and Forecasts in US$ Million by End-Use for the
Period 2018-2025
Table 113: Rest of Middle East Belt Drives Market in Retrospect
in US$ Million by End-Use: 2009-2017
Table 114: Belt Drives Market Share Distribution in Rest of
Middle East by End-Use: 2009 VS 2019 VS 2025
AFRICA
Table 115: African Belt Drives Latent Demand Forecasts in US$
Million by End-Use: 2018 to 2025
Table 116: Belt Drives Historic Demand Patterns in Africa by
End-Use in US$ Million for 2009-2017
Table 117: Belt Drives Market Share Breakdown in Africa by
End-Use: 2009 VS 2019 VS 2025
IV. COMPETITION
Total Companies Profiled: 128
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