Global Industrial V-Belts Market 2020-2024

Global Industrial V-Belts Market 2020-2024

Technavio has been monitoring the industrial v-belts market and it is poised to grow by $ 545.24 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on industrial v-belts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for automated material handling equipment, growth of industrial machinery in developing countries and increase in replacement activities.

The industrial v-belts market analysis includes end-user segment and geographic landscape.

Technavio's industrial v-belts market is segmented as below:

By End-user

  • Material handling
  • Industrial machinery
  • Agricultural machinery
  • Mining and minerals
  • Others
By Geographic Landscapes
  • APAC
  • North America
  • Europe
  • South America
  • MEA
This study identifies the developments in design and analysis technologies as one of the prime reasons driving the industrial v-belts market growth during the next few years. Also, mechanization of agriculture and farm operations in developing economies and improvements in industrial V-belts will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our industrial v-belts market covers the following areas:
  • Industrial v-belts market sizing
  • Industrial v-belts market forecast
  • Industrial v-belts market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial v-belts market vendors that include AB SKF, Arntz Optibelt Group, Continental AG, Dayco IP Holdings LLC, Fenner Drives Inc., Gates Industrial Corp. Plc, Goodyear Rubber Products Inc., Hutchinson SA, Megadyne Group, and The Timken Co. Also, the industrial v-belts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Industrial machinery market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019-2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019-2024 ($ million)
        • Table Global industrial v-belts market 2019-2024 ($ million), exclusive of COVID-19 impact
        • Table Global market: Year-over-year growth 2019-2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2019-2024 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Material handling - Market size and forecast 2019- 2024
      • Table Material handling - Market size and forecast 2019-2024 ($ million)
      • Table Material handling segment of global industrial v-belts market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Material handling - Year-over-year growth 2019-2024 (%)
    • Industrial machinery - Market size and forecast 2019-2024
      • Table Industrial machinery - Market size and forecast 2019-2024 ($ million)
      • Table Industrial machinery segment of global industrial v-belts market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Industrial machinery - Year-over-year growth 2019-2024 (%)
    • Agricultural machinery - Market size and forecast 2019-2024
      • Table Agricultural machinery - Market size and forecast 2019-2024 ($ million)
      • Table Agricultural machinery segment of global industrial v-belts market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Agricultural machinery - Year-over-year growth 2019-2024 (%)
    • Mining and minerals - Market size and forecast 2019-2024
      • Table Mining and minerals - Market size and forecast 2019-2024 ($ million)
      • Table Mining and minerals segment of global industrial v-belts market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Mining and minerals - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others segment of global industrial v-belts market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table Industrial v-belts market in APAC 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table Industrial v-belts market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Industrial v-belts market in Europe 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table Industrial v-belts market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table Industrial v-belts market in MEA 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increase in replacement activities
      • Growth of industrial machinery in developing countries
      • Growing demand for automated material handling equipment
    • Market challenges
      • Threat from alternative products
      • Decrease in mining-related investments
      • Growing preference for synchronous belts
        • Table Impact of drivers and challenges
    • Market trends
      • Mechanization of agriculture and farm operations in developing economies
      • Developments in design and analysis technologies
      • Improvements in industrial V-belts
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AB SKF
      • Table AB SKF – Overview
      • Table AB SKF - Business segments
      • Table AB SKF- Key news
      • Table AB SKF - Key offerings
      • Table AB SKF - Segment focus
    • Arntz Optibelt Group
      • Table Arntz Optibelt Group – Overview
      • Table Arntz Optibelt Group - Business segments
      • Table Arntz Optibelt Group - Key offerings
    • Continental AG
      • Table Continental AG – Overview
      • Table Continental AG - Business segments
      • Table Continental AG - Key news
      • Table Continental AG - Key offerings
      • Table Continental AG - Segment focus
    • Dayco IP Holdings LLC
      • Table Dayco IP Holdings LLC – Overview
      • Table Dayco IP Holdings LLC - Product and service
      • Table Dayco IP Holdings LLC - Key news
      • Table Dayco IP Holdings LLC - Key offerings
    • Fenner Drives Inc.
      • Table Fenner Drives Inc. –Overview
      • Table Fenner Drives Inc. - Product and service
      • Table Fenner Drives Inc. - Key news
      • Table Fenner Drives Inc. - Key offerings
    • Gates Industrial Corp. Plc
      • Table Gates Industrial Corp. Plc – Overview
      • Table Gates Industrial Corp. Plc - Business segments
      • Table Gates Industrial Corp. Plc - Key news
      • Table Gates Industrial Corp. Plc - Key offerings
      • Table Gates Industrial Corp. Plc - Segment focus
    • Goodyear Rubber Products Inc.
      • Table Goodyear Rubber Products Inc. –Overview
      • Table Goodyear Rubber Products Inc. - Product and service
      • Table Goodyear Rubber Products Inc. - Key offerings
    • Hutchinson SA
      • Table Hutchinson SA – Overview
      • Table Hutchinson SA - Product and service
      • Table Hutchinson SA - Key news
      • Table Hutchinson SA - Key offerings
    • Megadyne Group
      • Table Megadyne Group – Overview
      • Table Megadyne Group - Product and service
      • Table Megadyne Group - Key news
      • Table Megadyne Group - Key offerings
    • The Timken Co.
      • Table The Timken Co. –Overview
      • Table The Timken Co. - Business segments
      • Table The Timken Co. - Key news
      • Table The Timken Co. - Key offerings
      • Table The Timken Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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