Global Power Transmission Belts Market Growth 2025-2031

The global Power Transmission Belts market size is predicted to grow from US$ 622 million in 2025 to US$ 958 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

United States market for Power Transmission Belts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Power Transmission Belts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Power Transmission Belts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Power Transmission Belts players cover Gates Corporation, SKF Technology, Habasit, Hutchinson Group, ContiTech AG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Power Transmission Belts Industry Forecast” looks at past sales and reviews total world Power Transmission Belts sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Transmission Belts sales for 2025 through 2031. With Power Transmission Belts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Transmission Belts industry.

This Insight Report provides a comprehensive analysis of the global Power Transmission Belts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Transmission Belts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Transmission Belts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Transmission Belts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Transmission Belts.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Transmission Belts market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Synchronous Belts
V-Belts
Round Polyurethane Belts
Others

Segmentation by Application:
Energy(Oil & Gas)
Infrastructure & Agriculture
Transportation
Automotive(Passenger Cars & Light Trucks)
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Gates Corporation
SKF Technology
Habasit
Hutchinson Group
ContiTech AG
Fenner Drives
Contenental
Bando
Dayco
SANLUX
Intralox
Volta Belting
Derco
Veyance Technologies(Continental AG)
Esbelt
Mitsuboshi
Nitta

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Transmission Belts market?

What factors are driving Power Transmission Belts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Transmission Belts market opportunities vary by end market size?

How does Power Transmission Belts break out by Type, by Application?

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