Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video

  • Timing Belt Market 2025: Continental, Borgwarner, Schaffler, SKF, Toyoda, Aisin, Fenner

    (, June 08, 2019 ) The Timing Belt Market is estimated to be USD 5.90 Billion in 2016 and is projected to grow at a CAGR of 5.21% from 2017 to 2025. Increase in vehicle production and rising adoption of direct injection is driving the growth of the timing belt market. In this study, 2016 has been considered the base year, and 2017 to 2025 the forecast period, for estimating the size of the timing belt market.

    Company Profiles:











    Get Sample Copy of Report:

    Passenger vehicle segment estimated to lead the timing belt market by ICE Vehicle type from 2017 to 2025

    The passenger vehicle segment is estimated to lead the timing belt market, by ICE vehicle type. Increasing consumer disposable income and rise in vehicle ownership have led to a rise in the production of passenger cars with Internal Combustion Engine (ICE) and propelled the growth of the timing belt market in this segment. According to International Organization of Motor Vehicle Manufacturers (OICA), the global production of passenger cars increased from 59.89 million units in 2011 to 72.10 million units in 2016. The passenger car production in Asia Oceania increased from 40.57 million units in 2011 to 43.85 million units in 2016. Asia Oceania contributed around 60.66% of the global passenger car production in 2016 as per OICA. China contributed 55.69% of the total passenger car production in Asia Oceania in 2016. Japan and India contributed 17.95% and 8.39% of the Asia Oceania passenger car production in 2016, respectively.

    Timing Belt Market Target Audience

    Automotive organizations/associations

    Automotive Original Equipment Manufacturers (OEMs)

    Raw material suppliers for timing belt kits

    Tensioner pulley and idler pulley manufacturers

    Timing belt and timing chain manufacturers

    Timing belt kit distributors

    Aftermarket suppliers of timing drive kit

    Timing Chain market is estimated to be the fastest growing market from 2017 to 2025

    Stringent emission regulations are now followed across several countries such as the US, Canada, UK, France and others. These have led to an increase in the adoption of direct injection engines. As direct injection engines deploy timing chain drive, their increasing adoption would drive the growth of chains over dry belts and belt-in-oil timing drives. Also, premium brands such as BMW are preferring timing chain systems in most of their vehicle models. Hence, the timing chain market is estimated to be the fastest growing market in timing drive systems during the forecast period.

    Download our free PDF Brochure:

    Asia Oceania: Largest and fastest growing market for timing belt from 2017 to 2025

    The Asia Oceania region is estimated to dominate the global timing belt market during the forecast period. Countries such as China, Japan, and India are the major countries in the region in terms of vehicle production. As per International Organization of Motor Vehicle Manufacturers (OICA), China alone contributed 29.61% of the global vehicle production in 2016, whereas Japan and India contributed 9.69% and 4.73%, respectively. Asia Oceania accounts for 54.56% of the global vehicle production and its contribution is projected to increase in the next few years. Thus, Asia Oceania is estimated to be the largest and fastest growing market for timing belt. In addition, timing belts are cheaper than timing chains and therefore preferred by OEMs for economy models. These factors have helped Asia Oceania to lead the timing belt market.

    About MarketsandMarkets

    MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

    Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the Growth Engagement Model GEM. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write Attack, avoid and defend strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

    MarketsandMarketss flagship competitive intelligence and market research platform, Knowledgestore connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


    MarketsandMarkets INC.

    630 Dundee Road

    Suite 430

    Northbrook, IL 60062

    USA : 1-888-600-6441


    Mr. Shelly Singh


    Source: EmailWire.Com


    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - Newswire and Press Release service of GroupWeb Media LLC