A timing belt, timing chain or cambelt is a part of an internal combustion engine that synchronizes the rotation of the crankshaft and the camshaft(s) so that the engines valves open and close at the proper times during each cylinders intake and exhaust strokes. In an interference engine the timing belt or chain is also critical to preventing the piston from striking the valves. A timing belt is usually a toothed belt -- a drive belt with teeth on the inside surface. A timing chain is a roller chain.
In terms of application, the global automotive timing cain market can be segemented into three catogaries: HCV, LCV and passenger car. Among them, the HCV segement is the larggest market and is evaluated to see a CAGR of 3.23% during the period of 2017 to 2025.
The Global Automotive Timing Chain & Belt Market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 - 2026.
As the report focuses on global Automotive Timing Chain & Belt Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
BorgWarner Automotive
SKF
Aisin Automotive Casting
Tsubakimoto Europe
Egon von Ruville
Schaeffler AG
Cloyes Gear & Products
Maroblox
Joh. Winklhofer Beteiligungs
Engine Parts
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Roller Chain
Silent Chain
In Market segmentation by applications :
PC (Passenger Car)
LCV (Light Commercial Vehicle)
HCV (Heavy Commercial Vehicle)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Timing Chain & Belt Market for the forecast period 2020 - 2026?
• What are the driving forces in the Automotive Timing Chain & Belt Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Timing Chain & Belt industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?