Global Automotive Timing Belt Market 2024-2028

PUBLISHED: March 26, 2024

PAGES: 174 Pages

DELIVERY TIME: 1-2 business days

ADD TO COMPARE

SELECT AN OPTION

The automotive timing belt market is forecasted to grow by USD 3.66 bn during 2023-2028, accelerating at a CAGR of 6.55% during the forecast period. The report on the automotive timing belt market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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 increasing demand for high-performance vehicles, improvement in aftermarket sector, and need for replacement of old and damaged timing belts.

Technavio's automotive timing belt market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.69%
CAGR	6.55%
Incremental Value	$3.66bn

By Vehicle Type

Passenger vehicles
Commercial vehicles

By End-user

OEMs
Aftermarket

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the integration of smart technologies into timing belt components as one of the prime reasons driving the automotive timing belt market growth during the next few years. Also, use of fiber-reinforced materials in automotive timing belts to increase lifespan and advent of low-friction timing chains will lead to sizable demand in the market.

The report on the automotive timing belt market covers the following areas:

Automotive timing belt market sizing
Automotive timing belt market forecast
Automotive timing belt market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive timing belt market vendors that include AISIN CORP., B and B Manufacturing Inc., Bando Chemical Industries Ltd., BorgWarner Inc., BRECOflex Co L.L.C., Continental AG, Dayco IP Holdings LLC, DuraBelt Inc., Gates Industrial Corp. Plc, General Motors Co., MAHLE GmbH, MEGADYNE S.P.A, Mitsuboshi Belting Ltd., Ningbo Fulong Synchronous Belt Co., Ltd, Optibelt GmbH, Robert Bosch GmbH, Schaeffler AG, SKF, The Goodyear Tire and Rubber Co., Tsubakimoto Chain Co., Hyundai Motor Co., and JK Fenner. Also, the automotive timing belt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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.

Product Code: IRTNTR40699

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global automotive timing belt market 2018 - 2022
4.2 Vehicle Type Segment Analysis 2018 - 2022
4.3 End-User Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Vehicle Type

6.1 Market segments
6.2 Comparison by Vehicle Type
6.3 Passenger vehicles - Market size and forecast 2023-2028
6.4 Commercial vehicles - Market size and forecast 2023-2028
6.5 Market opportunity by Vehicle Type

7 Market Segmentation by End-user

7.1 Market segments
7.2 Comparison by End-user
7.3 OEMs - Market size and forecast 2023-2028
7.4 Aftermarket - Market size and forecast 2023-2028
7.5 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 North America - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 China - Market size and forecast 2023-2028
9.9 US - Market size and forecast 2023-2028
9.10 Japan - Market size and forecast 2023-2028
9.11 Germany - Market size and forecast 2023-2028
9.12 UK - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 B and B Manufacturing Inc.
12.4 Bando Chemical Industries Ltd.
12.5 BRECOflex Co L.L.C.
12.6 Continental AG
12.7 Dayco IP Holdings LLC
12.8 Gates Industrial Corp. Plc
12.9 General Motors Co.
12.10 Hyundai Motor Co.
12.11 JK Fenner
12.12 MEGADYNE S.P.A
12.13 Robert Bosch GmbH
12.14 Schaeffler AG
12.15 SKF
12.16 The Goodyear Tire and Rubber Co.
12.17 Tsubakimoto Chain Co.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations

Product Code: IRTNTR40699

Exhibits:

Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits7: Executive Summary - Chart on Incremental Growth
Exhibits8: Executive Summary - Data Table on Incremental Growth
Exhibits9: Executive Summary - Chart on Vendor Market Positioning
Exhibits10: Parent market
Exhibits11: Market Characteristics
Exhibits12: Offerings of vendors included in the market definition
Exhibits13: Market segments
Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Historic Market Size - Data Table on global automotive timing belt market 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
Exhibits20: Historic Market Size - End-User Segment 2018 - 2022 ($ billion)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Vehicle Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Vehicle Type
Exhibits33: Data Table on Comparison by Vehicle Type
Exhibits34: Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits35: Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits39: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
Exhibits40: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by Vehicle Type ($ billion)
Exhibits43: Data Table on Market opportunity by Vehicle Type ($ billion)
Exhibits44: Chart on End-user - Market share 2023-2028 (%)
Exhibits45: Data Table on End-user - Market share 2023-2028 (%)
Exhibits46: Chart on Comparison by End-user
Exhibits47: Data Table on Comparison by End-user
Exhibits48: Chart on OEMs - Market size and forecast 2023-2028 ($ billion)
Exhibits49: Data Table on OEMs - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Chart on OEMs - Year-over-year growth 2023-2028 (%)
Exhibits51: Data Table on OEMs - Year-over-year growth 2023-2028 (%)
Exhibits52: Chart on Aftermarket - Market size and forecast 2023-2028 ($ billion)
Exhibits53: Data Table on Aftermarket - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Chart on Aftermarket - Year-over-year growth 2023-2028 (%)
Exhibits55: Data Table on Aftermarket - Year-over-year growth 2023-2028 (%)
Exhibits56: Market opportunity by End-user ($ billion)
Exhibits57: Data Table on Market opportunity by End-user ($ billion)
Exhibits58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits61: Chart on Geographic comparison
Exhibits62: Data Table on Geographic comparison
Exhibits63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits74: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits78: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits83: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits84: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits86: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits90: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits91: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits92: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits93: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits102: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits103: Market opportunity By Geographical Landscape ($ billion)
Exhibits104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits105: Impact of drivers and challenges in 2023 and 2028
Exhibits106: Overview on Criticality of inputs and Factors of differentiation
Exhibits107: Overview on factors of disruption
Exhibits108: Impact of key risks on business
Exhibits109: Vendors covered
Exhibits110: Matrix on vendor position and classification
Exhibits111: B and B Manufacturing Inc. - Overview
Exhibits112: B and B Manufacturing Inc. - Product / Service
Exhibits113: B and B Manufacturing Inc. - Key offerings
Exhibits114: Bando Chemical Industries Ltd. - Overview
Exhibits115: Bando Chemical Industries Ltd. - Business segments
Exhibits116: Bando Chemical Industries Ltd. - Key offerings
Exhibits117: Bando Chemical Industries Ltd. - Segment focus
Exhibits118: BRECOflex Co L.L.C. - Overview
Exhibits119: BRECOflex Co L.L.C. - Product / Service
Exhibits120: BRECOflex Co L.L.C. - Key offerings
Exhibits121: Continental AG - Overview
Exhibits122: Continental AG - Business segments
Exhibits123: Continental AG - Key news
Exhibits124: Continental AG - Key offerings
Exhibits125: Continental AG - Segment focus
Exhibits126: Dayco IP Holdings LLC - Overview
Exhibits127: Dayco IP Holdings LLC - Product / Service
Exhibits128: Dayco IP Holdings LLC - Key offerings
Exhibits129: Gates Industrial Corp. Plc - Overview
Exhibits130: Gates Industrial Corp. Plc - Business segments
Exhibits131: Gates Industrial Corp. Plc - Key offerings
Exhibits132: Gates Industrial Corp. Plc - Segment focus
Exhibits133: General Motors Co. - Overview
Exhibits134: General Motors Co. - Business segments
Exhibits135: General Motors Co. - Key news
Exhibits136: General Motors Co. - Key offerings
Exhibits137: General Motors Co. - Segment focus
Exhibits138: Hyundai Motor Co. - Overview
Exhibits139: Hyundai Motor Co. - Business segments
Exhibits140: Hyundai Motor Co. - Key news
Exhibits141: Hyundai Motor Co. - Key offerings
Exhibits142: Hyundai Motor Co. - Segment focus
Exhibits143: JK Fenner - Overview
Exhibits144: JK Fenner - Key offerings
Exhibits145: MEGADYNE S.P.A - Overview
Exhibits146: MEGADYNE S.P.A - Product / Service
Exhibits147: MEGADYNE S.P.A - Key offerings
Exhibits148: Robert Bosch GmbH - Overview
Exhibits149: Robert Bosch GmbH - Business segments
Exhibits150: Robert Bosch GmbH - Key news
Exhibits151: Robert Bosch GmbH - Key offerings
Exhibits152: Robert Bosch GmbH - Segment focus
Exhibits153: Schaeffler AG - Overview
Exhibits154: Schaeffler AG - Business segments
Exhibits155: Schaeffler AG - Key offerings
Exhibits156: Schaeffler AG - Segment focus
Exhibits157: SKF - Overview
Exhibits158: SKF - Business segments
Exhibits159: SKF - Key news
Exhibits160: SKF - Key offerings
Exhibits161: SKF - Segment focus
Exhibits162: The Goodyear Tire and Rubber Co. - Overview
Exhibits163: The Goodyear Tire and Rubber Co. - Business segments
Exhibits164: The Goodyear Tire and Rubber Co. - Key news
Exhibits165: The Goodyear Tire and Rubber Co. - Key offerings
Exhibits166: The Goodyear Tire and Rubber Co. - Segment focus
Exhibits167: Tsubakimoto Chain Co. - Overview
Exhibits168: Tsubakimoto Chain Co. - Business segments
Exhibits169: Tsubakimoto Chain Co. - Key offerings
Exhibits170: Tsubakimoto Chain Co. - Segment focus
Exhibits171: Inclusions checklist
Exhibits172: Exclusions checklist
Exhibits173: Currency conversion rates for US$
Exhibits174: Research methodology
Exhibits175: Validation techniques employed for market sizing
Exhibits176: Information sources
Exhibits177: List of abbreviations