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Car Drum Brake Market Size, Trends, Analysis, and Outlook by Type (Normal Braking, Automatic Self-adjustment, Emergency Braking), Break Type (Internal Expanding Shoes, External Contracting Shoes), Application (Passenger Cars, Commercial Vehicles), Sales Channel (Aftermarket, OEM), by Country, Segment, and Companies, 2024-2030

April 2024 | 196 pages | ID: C93520FBD908EN
VPAResearch

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The global Timing Belt market size is poised to register 5.53% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Timing Belt market by Type (Belt-in-Oil, Chains, Dry Belts), Vehicle (Passenger Vehicle, Commercial Vehicle, Hybrid Vehicle), Component (Tensioner, Idler Pulleys, Timing Shield/Cover, Sprocket).
The timing belt market is poised for significant evolution leading up, driven by advancements in material science and manufacturing technologies that are expected to improve the durability, reliability, and lifespan of timing belts, meeting the demands of modern high-performance engines. Further, the shift toward electric vehicles (EVs) and hybrid electric vehicles (HEVs) alters the landscape of the timing belt market, with some vehicles opting for timing chains or direct-drive systems. However, traditional internal combustion engines (ICEs) are likely to continue utilizing timing belts, especially as engines become more compact and efficient. Furthermore, the growing trend of vehicle electrification and lightweight supported the development of lightweight and low-friction timing belt solutions to enhance .

Timing Belt Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Timing Belt market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Timing Belt survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Timing Belt industry.

Key market trends defining the global Timing Belt demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Timing Belt Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Timing Belt industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Timing Belt companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Timing Belt industry
Leading Timing Belt companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Timing Belt companies.

Timing Belt Market Study- Strategic Analysis Review
The Timing Belt market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Timing Belt Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Timing Belt industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Timing Belt Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Timing Belt Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Timing Belt market segments. Similarly, Strong end-user demand is encouraging Canadian Timing Belt companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Timing Belt market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Timing Belt Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Timing Belt industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Timing Belt market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Timing Belt Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Timing Belt in Asia Pacific. In particular, China, India, and South East Asian Timing Belt markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Timing Belt Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Timing Belt Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Timing Belt market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Timing Belt.

Timing Belt Market Company Profiles
The global Timing Belt market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are ACDelco, B&B Manufacturing Company, Bando USA Inc, ContiTech AG, Federal-Mogul Motorparts LLC, Gates Corp, J.K. Fenner (India) Ltd, MAHLE GmbH, Ningbo Fulong Synchronous Belt Co. Ltd, The Carlstar Group LLC.

Recent Timing Belt Market Developments
The global Timing Belt market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Timing Belt Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
Belt-in-Oil
Chains
Dry Belts
Vehicle
Passenger Vehicle
Commercial Vehicle
Hybrid Vehicle
-HEV
-PHEV
Component
Tensioner
Idler Pulleys
Timing Shield/Cover
Sprocket

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
ACDelco
B&B Manufacturing Company
Bando USA Inc
ContiTech AG
Federal-Mogul Motorparts LLC
Gates Corp
J.K. Fenner (India) Ltd
MAHLE GmbH
Ningbo Fulong Synchronous Belt Co. Ltd
The Carlstar Group LLC.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Car Drum Brake Market Overview and Key Findings, 2024
1.2 Car Drum Brake Market Size and Growth Outlook, 2021- 2030
1.3 Car Drum Brake Market Growth Opportunities to 2030
1.4 Key Car Drum Brake Market Trends and Challenges
  1.4.1 Car Drum Brake Market Drivers and Trends
  1.4.2 Car Drum Brake Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Car Drum Brake Companies

2. CAR DRUM BRAKE MARKET SIZE OUTLOOK TO 2030

2.1 Car Drum Brake Market Size Outlook, USD Million, 2021- 2030
2.2 Car Drum Brake Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. CAR DRUM BRAKE MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. CAR DRUM BRAKE MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Normal Braking
Automatic Self-adjustment
Emergency Braking
Break Type
Internal Expanding Shoes
External Contracting Shoes
Application
Passenger Cars
Commercial Vehicles
Sales Channel
Aftermarket
OEMs
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Car Drum Brake Market, 2025
5.2 Asia Pacific Car Drum Brake Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Car Drum Brake Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Car Drum Brake Market, 2025
5.5 Europe Car Drum Brake Market Size Outlook by Type, 2021- 2030
5.6 Europe Car Drum Brake Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Car Drum Brake Market, 2025
5.8 North America Car Drum Brake Market Size Outlook by Type, 2021- 2030
5.9 North America Car Drum Brake Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Car Drum Brake Market, 2025
5.11 South America Pacific Car Drum Brake Market Size Outlook by Type, 2021- 2030
5.12 South America Car Drum Brake Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Car Drum Brake Market, 2025
5.14 Middle East Africa Car Drum Brake Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Car Drum Brake Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Car Drum Brake Market Size Outlook and Revenue Growth Forecasts
6.2 US Car Drum Brake Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Car Drum Brake Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Car Drum Brake Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Car Drum Brake Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Car Drum Brake Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Car Drum Brake Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Car Drum Brake Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Car Drum Brake Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Car Drum Brake Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Car Drum Brake Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Car Drum Brake Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Car Drum Brake Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Car Drum Brake Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Car Drum Brake Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Car Drum Brake Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Car Drum Brake Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Car Drum Brake Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Car Drum Brake Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Car Drum Brake Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Car Drum Brake Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Car Drum Brake Industry Drivers and Opportunities

7. CAR DRUM BRAKE MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. CAR DRUM BRAKE COMPANY PROFILES

8.1 Profiles of Leading Car Drum Brake Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Aisin Seiki Co. Ltd
Akebono Brake Industry Co. Ltd
APG Automotive Parts Group AG
Brembo S.p.A.
CARDONE Industries Inc
Continental AG
Dorman Products Inc
Federal-Mogul Corp
Federal-Mogul LLC
Robert Bosch GmbH
ZF Friedrichshafen AG

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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