Global Industrial Belt Drives Industry
Global Industrial Belt Drives Market to Reach $7. 2 Billion by 2027. Amid the COVID-19 crisis, the global market for Industrial Belt Drives estimated at US$6 Billion in the year 2020, is projected to reach a revised size of US$7.
New York, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Industrial Belt Drives Industry" - https://www.reportlinker.com/p05957052/?utm_source=GNW
2 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027. V-Belt Drives, one of the segments analyzed in the report, is projected to record a 1.8% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Synchronous Belt Drives segment is readjusted to a revised 2.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 4.6% CAGR
The Industrial Belt Drives market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.
Pulleys Segment to Record 2.4% CAGR
In the global Pulleys segment, USA, Canada, Japan, China and Europe will drive the 2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$630.7 Million in the year 2020 will reach a projected size of US$724.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$985.1 Million by the year 2027, while Latin America will expand at a 3.2% CAGR through the analysis period. We bring years of research experience to this 6th edition of our report. The 179-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
Continental AG
Fenner Drives Inc.
Gates Corporation
SKF Group
The Timken Company
Read the full report: https://www.reportlinker.com/p05957052/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Industrial Belt Drives Competitor Market Share Scenario
Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Industrial Belt Drives Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 2: Industrial Belt Drives Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019
Table 3: Industrial Belt Drives Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: V-Belt Drives (Segment) World Market by Region/Country
in US$ Million: 2020 to 2027
Table 5: V-Belt Drives (Segment) Historic Market Analysis by
Region/Country in US$ Million: 2012 to 2019
Table 6: V-Belt Drives (Segment) Market Share Breakdown of
Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: Synchronous Belt Drives (Segment) Potential Growth
Markets Worldwide in US$ Million: 2020 to 2027
Table 8: Synchronous Belt Drives (Segment) Historic Market
Perspective by Region/Country in US$ Million: 2012 to 2019
Table 9: Synchronous Belt Drives (Segment) Market Sales
Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Table 10: Pulleys (Segment) Geographic Market Spread Worldwide
in US$ Million: 2020 to 2027
Table 11: Pulleys (Segment) Region Wise Breakdown of Global
Historic Demand in US$ Million: 2012 to 2019
Table 12: Pulleys (Segment) Market Share Distribution in
Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Industrial Belt Drives Market Share (in %) by Company:
2019 & 2025
Market Analytics
Table 13: United States Industrial Belt Drives Market Estimates
and Projections in US$ Million by Segment: 2020 to 2027
Table 14: Industrial Belt Drives Market in the United States by
Segment: A Historic Review in US$ Million for 2012-2019
Table 15: United States Industrial Belt Drives Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
CANADA
Table 16: Canadian Industrial Belt Drives Market Estimates and
Forecasts in US$ Million by Segment: 2020 to 2027
Table 17: Canadian Industrial Belt Drives Historic Market
Review by Segment in US$ Million: 2012-2019
Table 18: Industrial Belt Drives Market in Canada: Percentage
Share Breakdown of Sales by Segment for 2012, 2020, and 2027
JAPAN
Table 19: Japanese Market for Industrial Belt Drives: Annual
Sales Estimates and Projections in US$ Million by Segment for
the Period 2020-2027
Table 20: Industrial Belt Drives Market in Japan: Historic
Sales Analysis in US$ Million by Segment for the Period
2012-2019
Table 21: Japanese Industrial Belt Drives Market Share Analysis
by Segment: 2012 VS 2020 VS 2027
CHINA
Table 22: Chinese Industrial Belt Drives Market Growth
Prospects in US$ Million by Segment for the Period 2020-2027
Table 23: Industrial Belt Drives Historic Market Analysis in
China in US$ Million by Segment: 2012-2019
Table 24: Chinese Industrial Belt Drives Market by Segment:
Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Industrial Belt Drives Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
Table 25: European Industrial Belt Drives Market Demand
Scenario in US$ Million by Region/Country: 2020-2027
Table 26: Industrial Belt Drives Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019
Table 27: European Industrial Belt Drives Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027
Table 28: European Industrial Belt Drives Market Estimates and
Forecasts in US$ Million by Segment: 2020-2027
Table 29: Industrial Belt Drives Market in Europe in US$
Million by Segment: A Historic Review for the Period 2012-2019
Table 30: European Industrial Belt Drives Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
FRANCE
Table 31: Industrial Belt Drives Market in France by Segment:
Estimates and Projections in US$ Million for the Period
2020-2027
Table 32: French Industrial Belt Drives Historic Market
Scenario in US$ Million by Segment: 2012-2019
Table 33: French Industrial Belt Drives Market Share Analysis
by Segment: 2012 VS 2020 VS 2027
GERMANY
Table 34: Industrial Belt Drives Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by Segment for
the Period 2020-2027
Table 35: German Industrial Belt Drives Historic Market
Analysis in US$ Million by Segment: 2012-2019
Table 36: German Industrial Belt Drives Market Share Breakdown
by Segment: 2012 VS 2020 VS 2027
ITALY
Table 37: Italian Industrial Belt Drives Market Growth
Prospects in US$ Million by Segment for the Period 2020-2027
Table 38: Industrial Belt Drives Historic Market Analysis in
Italy in US$ Million by Segment: 2012-2019
Table 39: Italian Industrial Belt Drives Market by Segment:
Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
Table 40: United Kingdom Market for Industrial Belt Drives:
Annual Sales Estimates and Projections in US$ Million by
Segment for the Period 2020-2027
Table 41: Industrial Belt Drives Market in the United Kingdom:
Historic Sales Analysis in US$ Million by Segment for the
Period 2012-2019
Table 42: United Kingdom Industrial Belt Drives Market Share
Analysis by Segment: 2012 VS 2020 VS 2027
SPAIN
Table 43: Spanish Industrial Belt Drives Market Estimates and
Forecasts in US$ Million by Segment: 2020 to 2027
Table 44: Spanish Industrial Belt Drives Historic Market Review
by Segment in US$ Million: 2012-2019
Table 45: Industrial Belt Drives Market in Spain: Percentage
Share Breakdown of Sales by Segment for 2012, 2020, and 2027
RUSSIA
Table 46: Russian Industrial Belt Drives Market Estimates and
Projections in US$ Million by Segment: 2020 to 2027
Table 47: Industrial Belt Drives Market in Russia by Segment:
A Historic Review in US$ Million for 2012-2019
Table 48: Russian Industrial Belt Drives Market Share Breakdown
by Segment: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 49: Rest of Europe Industrial Belt Drives Market
Estimates and Forecasts in US$ Million by Segment: 2020-2027
Table 50: Industrial Belt Drives Market in Rest of Europe in
US$ Million by Segment: A Historic Review for the Period
2012-2019
Table 51: Rest of Europe Industrial Belt Drives Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 52: Asia-Pacific Industrial Belt Drives Market Estimates
and Forecasts in US$ Million by Region/Country: 2020-2027
Table 53: Industrial Belt Drives Market in Asia-Pacific:
Historic Market Analysis in US$ Million by Region/Country for
the Period 2012-2019
Table 54: Asia-Pacific Industrial Belt Drives Market Share
Analysis by Region/Country: 2012 VS 2020 VS 2027
Table 55: Industrial Belt Drives Market in Asia-Pacific by
Segment: Estimates and Projections in US$ Million for the
Period 2020-2027
Table 56: Asia-Pacific Industrial Belt Drives Historic Market
Scenario in US$ Million by Segment: 2012-2019
Table 57: Asia-Pacific Industrial Belt Drives Market Share
Analysis by Segment: 2012 VS 2020 VS 2027
AUSTRALIA
Table 58: Industrial Belt Drives Market in Australia: Recent
Past, Current and Future Analysis in US$ Million by Segment for
the Period 2020-2027
Table 59: Australian Industrial Belt Drives Historic Market
Analysis in US$ Million by Segment: 2012-2019
Table 60: Australian Industrial Belt Drives Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
INDIA
Table 61: Indian Industrial Belt Drives Market Estimates and
Forecasts in US$ Million by Segment: 2020 to 2027
Table 62: Indian Industrial Belt Drives Historic Market Review
by Segment in US$ Million: 2012-2019
Table 63: Industrial Belt Drives Market in India: Percentage
Share Breakdown of Sales by Segment for 2012, 2020, and 2027
SOUTH KOREA
Table 64: Industrial Belt Drives Market in South Korea: Recent
Past, Current and Future Analysis in US$ Million by Segment for
the Period 2020-2027
Table 65: South Korean Industrial Belt Drives Historic Market
Analysis in US$ Million by Segment: 2012-2019
Table 66: Industrial Belt Drives Market Share Distribution in
South Korea by Segment: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
Table 67: Rest of Asia-Pacific Market for Industrial Belt
Drives: Annual Sales Estimates and Projections in US$ Million
by Segment for the Period 2020-2027
Table 68: Industrial Belt Drives Market in Rest of
Asia-Pacific: Historic Sales Analysis in US$ Million by Segment
for the Period 2012-2019
Table 69: Rest of Asia-Pacific Industrial Belt Drives Market
Share Analysis by Segment: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 70: Latin American Industrial Belt Drives Market Trends
by Region/Country in US$ Million: 2020-2027
Table 71: Industrial Belt Drives Market in Latin America in US$
Million by Region/Country: A Historic Perspective for the
Period 2012-2019
Table 72: Latin American Industrial Belt Drives Market
Percentage Breakdown of Sales by Region/Country: 2012, 2020,
and 2027
Table 73: Latin American Industrial Belt Drives Market Growth
Prospects in US$ Million by Segment for the Period 2020-2027
Table 74: Industrial Belt Drives Historic Market Analysis in
Latin America in US$ Million by Segment: 2012-2019
Table 75: Latin American Industrial Belt Drives Market by
Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
ARGENTINA
Table 76: Argentinean Industrial Belt Drives Market Estimates
and Forecasts in US$ Million by Segment: 2020-2027
Table 77: Industrial Belt Drives Market in Argentina in US$
Million by Segment: A Historic Review for the Period 2012-2019
Table 78: Argentinean Industrial Belt Drives Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
BRAZIL
Table 79: Industrial Belt Drives Market in Brazil by Segment:
Estimates and Projections in US$ Million for the Period
2020-2027
Table 80: Brazilian Industrial Belt Drives Historic Market
Scenario in US$ Million by Segment: 2012-2019
Table 81: Brazilian Industrial Belt Drives Market Share
Analysis by Segment: 2012 VS 2020 VS 2027
MEXICO
Table 82: Industrial Belt Drives Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million by Segment for the
Period 2020-2027
Table 83: Mexican Industrial Belt Drives Historic Market
Analysis in US$ Million by Segment: 2012-2019
Table 84: Mexican Industrial Belt Drives Market Share Breakdown
by Segment: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 85: Rest of Latin America Industrial Belt Drives Market
Estimates and Projections in US$ Million by Segment: 2020 to
2027
Table 86: Industrial Belt Drives Market in Rest of Latin
America by Segment: A Historic Review in US$ Million for
2012-2019
Table 87: Rest of Latin America Industrial Belt Drives Market
Share Breakdown by Segment: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 88: The Middle East Industrial Belt Drives Market
Estimates and Forecasts in US$ Million by Region/Country:
2020-2027
Table 89: Industrial Belt Drives Market in the Middle East by
Region/Country in US$ Million: 2012-2019
Table 90: The Middle East Industrial Belt Drives Market Share
Breakdown by Region/Country: 2012, 2020, and 2027
Table 91: The Middle East Industrial Belt Drives Market
Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
Table 92: The Middle East Industrial Belt Drives Historic
Market by Segment in US$ Million: 2012-2019
Table 93: Industrial Belt Drives Market in the Middle East:
Percentage Share Breakdown of Sales by Segment for 2012,2020,
and 2027
IRAN
Table 94: Iranian Market for Industrial Belt Drives: Annual
Sales Estimates and Projections in US$ Million by Segment for
the Period 2020-2027
Table 95: Industrial Belt Drives Market in Iran: Historic Sales
Analysis in US$ Million by Segment for the Period 2012-2019
Table 96: Iranian Industrial Belt Drives Market Share Analysis
by Segment: 2012 VS 2020 VS 2027
ISRAEL
Table 97: Israeli Industrial Belt Drives Market Estimates and
Forecasts in US$ Million by Segment: 2020-2027
Table 98: Industrial Belt Drives Market in Israel in US$
Million by Segment: A Historic Review for the Period 2012-2019
Table 99: Israeli Industrial Belt Drives Market Share Breakdown
by Segment: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 100: Saudi Arabian Industrial Belt Drives Market Growth
Prospects in US$ Million by Segment for the Period 2020-2027
Table 101: Industrial Belt Drives Historic Market Analysis in
Saudi Arabia in US$ Million by Segment: 2012-2019
Table 102: Saudi Arabian Industrial Belt Drives Market by
Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
Table 103: Industrial Belt Drives Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million by Segment for the Period 2020-2027
Table 104: United Arab Emirates Industrial Belt Drives Historic
Market Analysis in US$ Million by Segment: 2012-2019
Table 105: Industrial Belt Drives Market Share Distribution in
United Arab Emirates by Segment: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 106: Industrial Belt Drives Market in Rest of Middle
East: Recent Past, Current and Future Analysis in US$ Million
by Segment for the Period 2020-2027
Table 107: Rest of Middle East Industrial Belt Drives Historic
Market Analysis in US$ Million by Segment: 2012-2019
Table 108: Rest of Middle East Industrial Belt Drives Market
Share Breakdown by Segment: 2012 VS 2020 VS 2027
AFRICA
Table 109: African Industrial Belt Drives Market Estimates and
Projections in US$ Million by Segment: 2020 to 2027
Table 110: Industrial Belt Drives Market in Africa by Segment:
A Historic Review in US$ Million for 2012-2019
Table 111: African Industrial Belt Drives Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 38
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