Automotive engine belt hose

Global Automotive Engine Belt & Hose Market Size, by Belt Type (Drive Belt, Timing Belt), Hose Application, Vehicle Type & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2026

Category: Automotive and Transportation     ID: IRP1752     Date: Sep, 2020
Automotive engine belts support the engine to drive other vehicle components, that require an external power source to function. On the other hand, a hose is a hollow tube structure designed to transport fluids between parts in a vehicle. The hose can be made up of either rubber or plastic. The requirement for belt and hose in automotive systems is growing with the trending adoption of turbochargers coupled with the rising need for fuel-efficient technologies. Moreover, innovations and technological developments in the automotive industry have paved new pathways for the belt and hose market.
Additionally, the increasing production of passenger and commercial vehicles is anticipated to fuel the automotive engine belt and hose market over the coming years. Rising environmental concerns and implementation of stringent norms and regulations around the globe concerning the improvement of the fuel efficiency of vehicles and the alleviation of vehicular emissions are projected to stimulate the automotive engine belt and hose market during the forecast period.
However, the automotive belt and hose get out of order after usage of a certain period of time since it undergoes rigorous wear and tear. Considering this factor, if the belt and hose are not replaced after a set interval of time, it can generate safety concerns by posing a threat to the driver’s life. This minor drawback of the automotive belt and hose is expected to be a major challenge for the manufacturers and can restraint the growth of the automotive engine belt and hose market to some degree over the forthcoming years.
The global automotive engine belt & hose market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2026, at a CAGR of XX% during 2018 to 2026. Scope of global automotive engine belt & hose market includes by belt type (drive belt, timing belt), by hose application (turbocharger, cooling/heating, fuel delivery, braking, steering), by vehicle type (passenger cars, commercial vehicles), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

The global automotive engine belt & hose market is primarily segmented by belt type, hose application, vehicle type, and region.

In terms of belt type, the market is split into:
* Drive Belt
* Timing Belt

In terms of hose application, the market is divided into:
* Turbocharger
* Cooling/Heating
* Fuel Delivery
* Braking
* Steering

On the vehicle type front, the market is segmented into:
* Passenger Cars
* Commercial Vehicles

The market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Continental AG
* Toyoda Gosei Co., Ltd.
* Sumitomo Riko Co., Ltd.
* Yokohama Rubber Co., Ltd.
* Pinafore Holdings B.V. and Its Subsidiaries
* Cooper Standard Holdings, Inc.
* Schaeffler AG
* Bando Chemical Industries Ltd.
* Nichirin Co., Ltd.
* Hutchinson SA

These enterprises have been focusing on development strategies, such as expansions, new belt type launches, agreements & partnerships, and acquisitions to expand their vehicle type across the globe.
Key Benefits of the Report:
* Global, regional, country, belt type, vehicle type, and hose application market size and their forecast from 2015-2026
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis an insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key Belt Types, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new belt type introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, belt type, vehicle type, and hose application with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of automotive engine belt & hose
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring in stability in the foreseeable future

Target Audience:
* Automotive Engine Belt & Hose manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white Turbochargers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and Belt Typeion capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

Project Analysis

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