DUBLIN--(BUSINESS WIRE)--The "Global Automotive Belt Tensioner Pulleys Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global automotive belt tensioner pulleys market to grow at a CAGR of 3.03% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is increasing vehicle production to boost the market for automotive belt tensioner pulleys. 2016 was a remarkable year in the history of the automotive industry. It witnessed a record sale of about 88.01 million vehicles. The industry is expecting global automotive production to cross 100 million units toward the end of the forecast period. The increasing demand for passenger cars, compact sport utility vehicles (SUVs), and crossovers are fueling the growth of the automotive industry. The cars, which were earlier used only for commuting purposes, today have turned into a status symbol. The purchase decision of a buyer is driven by his position in the society.
Further, the report states that one challenge in the market is increase in competition due to high market fragmentation. The most significant problem for this industry is to deliver better quality products at competitive prices.
- Gates Corporation
Other Prominent Vendors
- Litens Automotive Group
Bando Chemical Industries
- The Goodyear Tire & Rubber Company
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by Application
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/cqbc7h/global_automotive?w=4