DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7x6kvt/global_automotive) has announced the addition of the "Global Automotive Timing Belt Market 2015-2019" report to their offering.
The global automotive timing belt market is expected to grow at a CAGR of 4.37% over the period 2014-2019.
The emergence of trends such as the use of fiber-reinforced and thermally stable materials for producing timing belts, and a shift from conventional metal chain to rubber or fiber-based belts to achieve higher fuel economy and lower emission level will drive the market.
According to the report, the need for periodical replacement of old and broken timing belts is a major factor driving the market. On average, a timing belt has a service life of 60,000 miles or six years, thereafter it requires replacement. With a high demand for replacement of timing belts, the growth rate of the market is likely to increase. The increase in automobile demand from the emerging economies also contributes to market growth.
Further, the report states that a shift in focus on BEVs hinders the growth of the timing belt market.
Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-market
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
- B&B Manufacturing
- Carlstar Group
- ContiTech (Continental AG)
- Beck Arnley
- Ningbo Beidi Synchronous Belt
- NingBo Fulong Synchronous Belt
For more information visit http://www.researchandmarkets.com/research/7x6kvt/global_automotive