Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Generator Belt Market by Type (Rubber Belt, PU Belt), By Application (Automotive, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Generator Belt Market by Type (Rubber Belt, PU Belt), By Application (Automotive, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156146 3300 Machinery & Equipment 377 245 Pages 4.5 (40)

Market Overview:

The global generator belt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for generators in automotive and industrial applications. In terms of type, the rubber belt segment is expected to dominate the global generator belt market during the forecast period, followed by PU belts. The automotive application segment is expected to account for a major share of the global generator belt market during the forecast period, followed by industrial and other applications segments. In terms of region, North America is projected to lead the global generator belt market duringthe forecast period, followed by Europe and Asia Pacific regions.

Global Generator Belt Industry Outlook

Product Definition:

A belt that transfers power from the engine to the generator. The belt is important because it transfers power from the engine to the generator, which in turn creates electricity.

Rubber Belt:

Rubber Belt is a flexible, elastomeric belt made up of natural or synthetic rubber. It is used for transmitting mechanical power from one point to another by means of continuous movement. Rubber Belts are available in various forms and can be customized according to the requirements of customers. They are widely used in industries such as food & beverage, chemicals, pharmaceuticals and paper manufacturing among others owing to their properties such as high tensile strength and abrasion resistance among others.

PU Belt:

Polyurethane (PU) Belt is a flexible, high-performance polyolefin resin belt that is used in the power sector for a broad range of applications including engine mounted equipment and generator sets. PU Belts are manufactured using highly efficient raw materials such as linear low-density polyethylene and high-density polyethylene. These belts have excellent chemical resistance, abrasion resistance, toughness, tensile strength and durability along with being able to withstand extreme temperatures.

Application Insights:

The automotive application segment accounted for the largest share of over 30.0% in 2017. The growing demand for electric vehicles is expected to drive the demand generators in automobiles, thereby driving the global generator belt market growth over the forecast period.

Industrial applications are projected to witness a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and urbanization resulting in increased construction activities and infrastructure development across various regions globally which is likely to propel product demand over the forecast period.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive, construction, and electronics markets across the globe. China accounted for a major share in global manufacturing owing to low labor costs coupled with easy availability of land. Growing industrialization along with increasing investments towards automation are projected to further drive regional growth over the coming years.

Europe generated significant revenue in 2017 due to high demand from several end-use industries such as aerospace & defense, healthcare & medical devices, transportation equipment including motor vehicles and rail cars as well as wind turbines for production purposes.

Growth Factors:

  • Increasing demand for electricity due to population growth and industrialization
  • Development of new technologies and products that can improve the efficiency of generators
  • Growing awareness about the benefits of using generator belts among consumers
  • Rising prices of traditional fuels such as diesel and gasoline, which is making generators more affordable for consumers
  • Stringent government regulations on emissions from generators, which is encouraging the use of generator belts

Scope Of The Report

Report Attributes

Report Details

Report Title

Generator Belt Market Research Report

By Type

Rubber Belt, PU Belt

By Application

Automotive, Industrial, Others

By Companies

Gates, Continental, BANDO, Tsubakimoto, Hutchinson, Bosch, Shri Rama Industries, Eckler, Drake Automotive Group, Dennis Carpenter, Elreg Distributors, Tenneco, Caterpillar, Lycoming Engines, AC Industrials, Ford Industria, John Deere, AGCO

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Generator Belt Market Report Segments:

The global Generator Belt market is segmented on the basis of:


Rubber Belt, PU Belt

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Automotive, Industrial, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Gates
  2. Continental
  3. BANDO
  4. Tsubakimoto
  5. Hutchinson
  6. Bosch
  7. Shri Rama Industries
  8. Eckler
  9. Drake Automotive Group
  10. Dennis Carpenter
  11. Elreg Distributors
  12. Tenneco
  13. Caterpillar
  14. Lycoming Engines
  15. AC Industrials
  16. Ford Industria
  17. John Deere
  18. AGCO

Global Generator Belt Market Overview

Highlights of The Generator Belt Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Rubber Belt
    2. PU Belt
  1. By Application:

    1. Automotive
    2. Industrial
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Generator Belt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
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  • Product & Brand Management
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Global Generator Belt Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A generator belt is a type of power transmission belt that helps to move energy from one location to another. It typically consists of a series of pulleys and gears, which allow it to rotate at a high speed. This allows it to transfer large amounts of energy quickly and efficiently.

Some of the key players operating in the generator belt market are Gates, Continental, BANDO, Tsubakimoto, Hutchinson, Bosch, Shri Rama Industries, Eckler, Drake Automotive Group, Dennis Carpenter, Elreg Distributors, Tenneco, Caterpillar, Lycoming Engines, AC Industrials, Ford Industria, John Deere, AGCO.

The generator belt market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Generator Belt Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Generator Belt Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Generator Belt Market - Supply Chain
   4.5. Global Generator Belt Market Forecast
      4.5.1. Generator Belt Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Generator Belt Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Generator Belt Market Absolute $ Opportunity

5. Global Generator Belt Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Generator Belt Market Size and Volume Forecast by Type
      5.3.1. Rubber Belt
      5.3.2. PU Belt
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Generator Belt Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Generator Belt Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Industrial
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Generator Belt Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Generator Belt Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Generator Belt Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Generator Belt Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Generator Belt Demand Share Forecast, 2019-2026

9. North America Generator Belt Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Generator Belt Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Generator Belt Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Industrial
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Generator Belt Market Size and Volume Forecast by Type
      9.7.1. Rubber Belt
      9.7.2. PU Belt
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Generator Belt Demand Share Forecast, 2019-2026

10. Latin America Generator Belt Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Generator Belt Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Generator Belt Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Industrial
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Generator Belt Market Size and Volume Forecast by Type
      10.7.1. Rubber Belt
      10.7.2. PU Belt
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Generator Belt Demand Share Forecast, 2019-2026

11. Europe Generator Belt Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Generator Belt Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Generator Belt Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Industrial
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Generator Belt Market Size and Volume Forecast by Type
      11.7.1. Rubber Belt
      11.7.2. PU Belt
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Counry
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Generator Belt Demand Share, 2019-2026

12. Asia Pacific Generator Belt Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Generator Belt Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Generator Belt Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Industrial
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Generator Belt Market Size and Volume Forecast by Type
      12.7.1. Rubber Belt
      12.7.2. PU Belt
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Generator Belt Demand Share, 2019-2026

13. Middle East & Africa Generator Belt Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Generator Belt Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Generator Belt Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Industrial
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Generator Belt Market Size and Volume Forecast by Type
      13.7.1. Rubber Belt
      13.7.2. PU Belt
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Generator Belt Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Generator Belt Market: Market Share Analysis
   14.2. Generator Belt Distributors and Customers
   14.3. Generator Belt Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Gates Overview Financials Developments Strategic Outlook
      14.4.2. Continental Overview Financials Developments Strategic Outlook
      14.4.3. BANDO Overview Financials Developments Strategic Outlook
      14.4.4. Tsubakimoto Overview Financials Developments Strategic Outlook
      14.4.5. Hutchinson Overview Financials Developments Strategic Outlook
      14.4.6. Bosch Overview Financials Developments Strategic Outlook
      14.4.7. Shri Rama Industries Overview Financials Developments Strategic Outlook
      14.4.8. Eckler Overview Financials Developments Strategic Outlook
      14.4.9. Drake Automotive Group Overview Financials Developments Strategic Outlook
      14.4.10. Dennis Carpenter Overview Financials Developments Strategic Outlook
      14.4.11. Elreg Distributors Overview Financials Developments Strategic Outlook
      14.4.12. Tenneco Overview Financials Developments Strategic Outlook
      14.4.13. Caterpillar Overview Financials Developments Strategic Outlook
      14.4.14. Lycoming Engines Overview Financials Developments Strategic Outlook
      14.4.15. AC Industrials Overview Financials Developments Strategic Outlook
      14.4.16. Ford Industria Overview Financials Developments Strategic Outlook
      14.4.17. John Deere Overview Financials Developments Strategic Outlook
      14.4.18. AGCO Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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