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The industrial belt drives market is forecasted to grow by USD 1.50 billion during 2023-2028, accelerating AT a CAGR of 4.36% during the forecast period. The report on the industrial belt drives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for automated material handling equipment, growth of industrial machinery in developing countries, and increase in replacement activities.
The industrial belt drives market is segmented as below:
By End-user
- Material handling industry
- Industrial machinery sector
- Agriculture industry
- Mining and mineral industry
- Others
By Product
- Industrial V-belt drives
- Industrial synchronous belt drives
- Industrial pulleys
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the industrial belt drives market covers the following areas:
- Industrial belt drives market sizing
- Industrial belt drives market forecast
- Industrial belt drives market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial belt drives market: AB SKF, B and B Manufacturing Inc., Bando Chemical Industries Ltd., BEHA Innovation GmbH, BTL UK LTD., Dayco IP Holdings LLC, FLEXER, Gates Industrial Corp. Plc, Goodyear Rubber Products Inc., Ino Industrial Belting Co. Ltd., MEGADYNE S.P.A, Michelin Group, Mitsuboshi Belting Ltd., Navyug India Ltd., Optibelt GmbH, PIX Transmissions Ltd., Schaeffler AG, The Timken Co., TotalEnergies SE, and W.W. Grainger Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is developments in design and analysis technologies."
According to the report, one of the major drivers for this market is the growing demand for automated material handling equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- B and B Manufacturing Inc.
- Bando Chemical Industries Ltd.
- BEHA Innovation GmbH
- BTL UK LTD.
- Dayco IP Holdings LLC
- FLEXER
- Gates Industrial Corp. Plc
- Goodyear Rubber Products Inc.
- Ino Industrial Belting Co. Ltd.
- MEGADYNE S.P.A
- Michelin Group
- Mitsuboshi Belting Ltd.
- Navyug India Ltd.
- Optibelt GmbH
- PIX Transmissions Ltd.
- Schaeffler AG
- The Timken Co.
- TotalEnergies SE
- W.W. Grainger Inc.
