0

Global Industrial Synchronous Timing Belts Market 2017-2021

  • Published: May 2017
  • Pages: 70
  • SKU: IRTNTR13217
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

This industry research report identifies ContiTech, Gates, Optibelt, and SKF as the key vendors in the global industrial synchronous timing belts market. This industry research report also presents a comprehensive analysis of the market by product (rubber and polyurethane), by end-user (material handling industry, automation industry, food and beverages industry, and others), and by geography (the Americas, APAC, and EMEA).

Overview of the global industrial synchronous timing belts market

Market research analysts at Technavio predict that the global industrial synchronous timing belts market will grow steadily over the next four years and post a CAGR of more than 4% by 2021. This market research analysis identifies the rising adoption of synchronous belts over V-belts as one of the key growth factors for the global industrial synchronous timing belts market. The manufacturing industry is slowly shifting toward the adoption of synchronous belts as compared to V-belts. The growing adoption toward the belt can be affiliated to the challenges faced by V-belts such as tension, vibration, and low-efficiency. The synchronous timing belts are mainly preferred among high-speed applications, owing to the robust benefits of managing overloads and cost-efficiency. Moreover, additional benefits such as limited maintenance and re-tensioning will also drive the growth of the industrial synchronous timing belts market over the next few years.

To increase the efficiency of farm operations, governments across the globe are introducing initiatives to leverage the use of industrial resources, which will also drive the growth of the market. Moreover, the developing economies already rely completely on advanced machinery to enhance their agricultural production. Additionally, to promote the adoption of effective and advanced farm equipment, the governments of various countries are also providing a number of subsidies, which will again fuel the growth prospects of the industrial synchronous timing belts market.

Competitive landscape and key vendors

The industrial synchronous timing belts market is characterized by the presence of both international and local vendors. To retain their existing position in the market, prominent players are focusing on increasing their product portfolios through innovations. The vendors in the market are competing with their counterparts based on factors such as quality, features, functionalities, supply chain, and services. Also, to highlight their products in the market, vendors are also offering customized synchronized timing belts to end-users.

The leading vendors in the market are –

  • ContiTech
  • Gates
  • Optibelt
  • SKF

The other prominent vendors in the market are B&B Manufacturing, Bervina, BRECOflex, Fenner, Forbo, Fuju Belt, Habasit, Hutchison, Megadyne, Mitsuboshi Belting, Pix Transmissions, Embekon Engineers, Tempo International, Timken, WM Berg, and Wutong.

Market segmentation by end-user and analysis of the industrial synchronous timing belts market

During 2016, the material handling industry was the major end-user to the industrial synchronous timing belts market. The growing investments and developments in machine tool applications, food processing, and agricultural machinery to reduce downtime and to enhance the overall efficiency are further propeling the growth of the market in this segment. Moreover, the incorporation of automation into the existing machinery will also fuel the growth of the market in the coming years.

Geographical segmentation and analysis of the industrial synchronous timing belts market

  • Americas
  • APAC
  • EMEA

EMEA accounted for the major share of the industrial synchronous timing belts market during 2016. The rapid influx of robust machinery in the material handling application and manufacturing industries is contributing to the growth of the market. Additionally, the export market for industrial machinery in Germany is also spurring the growth of the industrial synchronous timing belts market in this region. Also, the extensive use of heavy-duty and oil-resistant synchronous timing belts for oil and gas operations also contributes to the growth of the market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global industrial synchronous timing belts market?
  • What are the key market trends impacting the growth of the global industrial synchronous timing belts market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global industrial synchronous timing belts market?
  • What are the market opportunities and threats faced by the vendors in the global industrial synchronous timing belts market?
  • Trending factors influencing the market shares in the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global industrial synchronous timing belts market?

 Technavio also offers customization on reports based on specific client requirement.

Industrial synchronous timing belts are advanced belts used for power transmission, used in lightweight to heavyweight industrial applications, with high efficiency. To help clients gain an actionable intelligence, market research firm Technavio provides an extensive collection of industry research reports on several aspects of the industrial automation industry.

Our forthcoming market research report on industrial synchronous timing belts market for the prediction period of 2017 to 2021 will support clients infer the constantly changing landscape of the industrial automation industry. The impending report on industrial synchronous timing belts market also considers into account the growth of the corresponding markets such as automatic tray loading system market and industrial V-belts market, that are expected to project a CAGR of almost 5% and above 4% until 2021. According to our research analysts, the steadily growing retrofit activities in industrial machinery is expected to contribute to the growth of this market during the next few years.

The upcoming industry research report on industrial synchronous timing belts market also identifies the primary drivers, impending trends, coupled with the imminent challenges currently experienced by the automation sector

Read More Read Less

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction 

  • Market outline  

PART 05: Market landscape  

  • Market overview   
  • Market size and forecast 
  • Five forces analysis 

PART 06: Market segmentation by product 

  • Market overview   
  • Global rubber industrial synchronous timing belts market 
  • Global polyurethane industrial synchronous timing belts market 

PART 07: Market segmentation by end-user 

  • Market overview   
  • Global industrial synchronous timing belts market by material handling industry 
  • Global industrial synchronous timing belts market by others 
  • Global industrial synchronous timing belts market by automation industry 
  • Global industrial synchronous timing belts market by food and beverages industry 

PART 08: Geographical segmentation  

  • Market overview   
  • Industrial synchronous timing belts market in EMEA  
  • Industrial synchronous timing belts market in Americas 
  • Industrial synchronous timing belts market in APAC  

PART 09: Decision framework 

PART 10: Drivers and challenges

  • Market drivers 
  • Market challenges 

PART 11: Market trends 

  • Mechanization of agriculture and farm operations in developing economies 
  • Rising improvements in industrial synchronous timing belts 
  • Increasing number of M&As 

PART 12: Vendor landscape  

  • Competitive scenario  
  • Other prominent vendors 

PART 13: Key vendor analysis 

  • ContiTech  
  • Gates 
  • Optibelt 
  • SKF 

PART 14: Appendix

  • List of abbreviations 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Industrials
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>