Global Industrial V-Belts Market 2017-2021 grow at a CAGR of 4.45%


Posted May 5, 2017 by MRRS_Milly

Analysts forecast the global industrial v-belts market to grow at a CAGR of 4.45% during the period 2017-2021.

 
About Industrial V-Belts

Industrial V-belts are the basic belts for power transmission that is applied in light-weight to heavy-weight industrial applications. They are used as a source to provide power transmission efficiently. Industrial V-belts provide more friction and power and are installed in all end-user orientations for efficient machinery functions. Industrial V-belts are an integral part of power transmission systems as they are the basic belts that provide movement, speed, service life, and load bearings. V-belts are shaped like trapezoidal rough belts with the need to stop providing belt slip offs. V-belts are friction-based power transmitters that transmit power from one pulley to the other using the friction between them. Industrial V-belts are widely used in drive applications, such as machine tools, textile machines, continuous paper machines, high-power mills, stone crushers, etc.

Analysts forecast the global industrial v-belts market to grow at a CAGR of 4.45% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial v-belts market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Global Industrial V-Belts Market 2017-2021, 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.

Key vendors
• ContiTech
• Gates
• Optibelt
• SKF

Other prominent vendors
• Bando
• BEHA
• COLMANT CUVELIER
• Dayco
• Dunlop
• Fenner
• Flexer Rubber
• Goodyear
• HUTCHINSON
• Lovejoy
• Megadyne
• Mitsuboshi Belting
• Navyug
• ProTorque
• QPower
• Rubena
• Sanlux
• SIT
• Super-Speed
• Supreme
• Timken
• Yuelong Rubber and Plastic
• Zhejiang Powerbelt
• Zhejiang Sanwei Rubber Item

Market driver
• Growing retrofit activities in industrial machinery
• For a full, detailed list, view our report

Market challenge
• Slump in the growth of industrial belt drives in major economies
• For a full, detailed list, view our report

Market trend
• Growing number of M&A
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

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Issued By Market Research Report Store
Country United States
Categories Business , Marketing , Reports
Last Updated May 5, 2017