September 21, 2021

Industrial Belt Drives Market: Expected Growth of USD 1.31 Billion at a CAGR OF 4% | Technavio

NEW YORK, Aug. 10, 2021 /PRNewswire/ — The industrial belt drives market research report has been added to Technavio’s catalog….

NEW YORK, Aug. 10, 2021 /PRNewswire/ — The industrial belt drives market research report has been added to Technavio’s catalog. The market is anticipated to witness healthy growth at a CAGR of almost 4%. This growth can be attributed to the demand for automated material handling equipment. 

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Read the 120-page report with TOC on “Industrial Belt Drives Market Analysis Report by Product (Industrial V-belt drives, Industrial synchronous belt drives, and Industrial pulleys), End-User (Material Handling Industry, Industrial Machinery Sector, Agriculture Industry, Mining and mineral industry, and Others) and Geographic Landscape (APAC, North America, Europe, South America, and MEA) Forecasts,2020-2024″:https://www.technavio.com/report/report/industrial-belt-drives-market-industry-analysis

The industrial belt drives market is attributed to the demand for automated material handling equipment and drivers. This report has been curated considering various factors for forecast evaluation including the supply chain disruptions, demand destruction, and change in customer behavior.

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Major Industrial Belt Drives Companies:

  • 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
  • The Timken Co.

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Industrial Belt Drives Market Product Outlook (Revenue, USD bn, 2019-2024)

  • Industrial V-belt drives – size and forecast 2019-2024
  • Industrial synchronous belt drives – size and forecast 2019-2024
  • Industrial pulleys – size and forecast 2019-2024

Industrial Belt Drives Market End-user Outlook (Revenue, USD bn, 2019-2024)

  • Material handling industry – Market size and forecast 2019-2024
  • Industrial machinery sector – Market size and forecast 2019-2024
  • Agriculture industry – Market size and forecast 2019-2024
  • Mining and mineral industry – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024

Industrial Belt Drives Market Geographic Landscape Outlook (Revenue, USD bn, 2019-2024)

  • APAC – size and forecast 2019-2024
  • North America – size and forecast 2019-2024
  • Europe – size and forecast 2019-2024
  • South America – size and forecast 2019-2024
  • MEA – size and forecast 2019-2024
  • Key leading countries

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