Market Overview:
The global automotive pulley market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. In terms of type, the single belt groove drive segment is expected to dominate the global automotive pulley market during the forecast period, owing to its low cost and easy installation. However, with advancements in technology, multiple belt groove drive is expected to gain traction in the coming years. In terms of application, passenger vehicles are anticipated to hold a dominant share in the global automotive pulley market during 2018-2030 due high demand for these vehicles across different regions.
Product Definition:
A pulley is a mechanical device that is used to change the direction of force or motion. Pulleys are often used in conjunction with ropes or cables to transmit power or motion from one point to another. Automotive pulleys are used in a variety of applications, including power steering, air conditioning, and engine timing.
Single Belt Groove Drive:
Single Belt Groove (SGB) drive is a mechanical system which uses one or more pulleys to transmit power. The most common application of this technology is in automotive, where it's used for tensioners and belt replacement applications.
The global single belt groove market size was valued at USD 523.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Multiple Belt Grooves Drive:
Multiple belt grooves drive and it's usage in automotive pulley market is a new technology that has been developed to overcome the limitations of the conventional single or double roller drives. The multiple belt grooves design provides more contact between the belts and thus, offers better traction. Also, this design helps in reducing power loss which is usually experienced with single or double roller designs.
Application Insights:
The passenger vehicles segment held the largest share of over 70.0% in 2017. The demand for automotive pulleys is expected to increase due to rising sales of passenger cars and light commercial vehicles in developing countries such as China, India and Brazil owing to increasing income levels among consumers, growing middle-class population and improved purchasing power parity.
Commercial vehicles are anticipated to be the fastest-growing segment over the forecast period on account of increasing government spending towards infrastructure development projects including roads and railways across various regions coupled with favorable regulations promoting investments from both domestic as well as foreign players in this sector is expected drive growth over the coming years.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is anticipated to witness significant growth over the forecast period. This can be attributed to increasing automotive production in countries, such as China, India, Japan and South Korea. Moreover, rising disposable income of consumers coupled with government initiatives encouraging people to use public transport instead of personal vehicles is expected to drive demand for automated machinery. This factor will also contribute toward regional growth during the forecast period.
The North American region held a substantial revenue share in 2017 owing to high demand from U.S., which has been one of the major markets across all regions analyzed herein. The presence of prominent players undertaking extensive expansion strategies within this country is likely contributing toward industry development within this region as well as other regions globally; hence propelling overall industry growth across all geographies considered herein during the estimated time frame mentioned above i.e.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive sector in developing countries
- Rising disposable income of consumers
- Technological advancements in pulley manufacturing process
- Stringent government regulations for fuel efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Pulley Market Research Report
By Type
Single Belt Groove Drive, Multiple Belt Grooves Drive
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Bosch, ACDelco, INA, SKF, Dayco, A.J.Rose, Diemolding, Metaldyne, Engineered Sintered Components, Eaststar, Bosch, Nanya, CME, Kaicheng, Gates Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Pulley Market Report Segments:
The global Automotive Pulley market is segmented on the basis of:
Types
Single Belt Groove Drive, Multiple Belt Grooves Drive
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.
Applications
Passenger Vehicles, Commercial Vehicles
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:
- Bosch
- ACDelco
- INA
- SKF
- Dayco
- A.J.Rose
- Diemolding
- Metaldyne
- Engineered Sintered Components
- Eaststar
- Bosch
- Nanya
- CME
- Kaicheng
- Gates Corporation
Highlights of The Automotive Pulley Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Belt Groove Drive
- Multiple Belt Grooves Drive
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Pulley 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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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive pulleys are used in automotive applications to transfer power from one component to another. Pulleys can be found on engines, transmissions, and other mechanical components.
Some of the major players in the automotive pulley market are Bosch, ACDelco, INA, SKF, Dayco, A.J.Rose, Diemolding, Metaldyne, Engineered Sintered Components, Eaststar, Bosch, Nanya, CME, Kaicheng, Gates Corporation.
The automotive pulley market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Pulley Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Pulley Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Pulley Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Pulley Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Pulley Market Size & Forecast, 2018-2028
4.5.1 Automotive Pulley Market Size and Y-o-Y Growth
4.5.2 Automotive Pulley Market Absolute $ Opportunity
Chapter 5 Global Automotive Pulley Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Pulley Market Size Forecast by Type
5.2.1 Single Belt Groove Drive
5.2.2 Multiple Belt Grooves Drive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Pulley Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Pulley Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Pulley Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Pulley Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Pulley Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Pulley Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Pulley Market Size Forecast by Type
9.6.1 Single Belt Groove Drive
9.6.2 Multiple Belt Grooves Drive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Pulley Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Pulley Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Pulley Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Pulley Market Size Forecast by Type
10.6.1 Single Belt Groove Drive
10.6.2 Multiple Belt Grooves Drive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Pulley Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Pulley Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Pulley Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Pulley Market Size Forecast by Type
11.6.1 Single Belt Groove Drive
11.6.2 Multiple Belt Grooves Drive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Pulley Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Pulley Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Pulley Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Pulley Market Size Forecast by Type
12.6.1 Single Belt Groove Drive
12.6.2 Multiple Belt Grooves Drive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Pulley Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Pulley Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Pulley Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Pulley Market Size Forecast by Type
13.6.1 Single Belt Groove Drive
13.6.2 Multiple Belt Grooves Drive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Pulley Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Pulley Market: Competitive Dashboard
14.2 Global Automotive Pulley Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 ACDelco
14.3.3 INA
14.3.4 SKF
14.3.5 Dayco
14.3.6 A.J.Rose
14.3.7 Diemolding
14.3.8 Metaldyne
14.3.9 Engineered Sintered Components
14.3.10 Eaststar
14.3.11 Bosch
14.3.12 Nanya
14.3.13 CME
14.3.14 Kaicheng
14.3.15 Gates Corporation
