Market Overview:
The global idler pulley market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles and rising production levels across the globe. Additionally, the growing demand for aftermarket parts is also contributing to the growth of this market. The global idler pulley market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into steel, cast iron, and glass filled polymer segments. The steel segment is expected to dominate this market during the forecast period owing to its properties such as high tensile strength and durability. On account of these properties, it is extensively used in various industrial applications such as automotive components manufacturing and construction industry among others.
Product Definition:
An idler pulley is a device that allows a belt to move freely around it. It is typically used on an engine to tension the belt and keep it in place.
Steel:
Steel is a alloy of iron and carbon. It has various applications in the industries including construction, automotive, oil & gas and energy. The Idler Pulley made of steel are used for tensioning or torsion purposes in hydraulic systems that operate at high temperatures. Hydraulic system includes pumps, cylinders, motors all working under pressure; therefore it needs to be controlled with certain safety parameters to avoid any damage to the components due to overpressure or underpressure situations arising from its application.
Cast iron:
Cast iron is a type of metal that is obtained from the process of melting cast or wrought iron. It has high thermal and electrical conductivity, low carbon content, and high mechanical strength. The most common types of cast irons are sand casting and die casting. Sand casting involves melting the metal in a sand mold whereas die casting involves using a die to melt the metal into shape.
Application Insights:
OEMs held around 60.0% of the global market share in 2017. Idler pulleys are used in various OEM applications such as power steering, air conditioner, HVAC (heating, ventilation and cooling), fuel injection system and emission control system among others. The demand for these products is expected to increase due to their use in several OEM applications especially in emerging countries like India and China where the aftermarket is not well developed which forces customers to purchase these products from original equipment manufacturers (OEMs).
The application segment includes OEM & aftermarket.
Regional Analysis:
Asia Pacific dominated the global industry and accounted for over 45% of total market revenue in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing automotive production in countries such as India, China, and Japan. Moreover, rising disposable income coupled with a growing population will also have a positive impact on regional growth during the forecast period.
The demand for idler pulleys in North America is anticipated to grow at an estimated CAGR of XX% from 2018 to 2030 owing to increased consumer spending on passenger cars and light commercial vehicles (LCVs). Furthermore, government initiatives encouraging domestic manufacturing are expected favorably impact industry growth over the coming years.
Growth Factors:
- Increasing demand for automobiles
- Growing construction and infrastructure activities
- Rising industrial output across the globe
- Proliferation of automated machines and equipment in various industries
- Technological advancements in idler pulley design and manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Idler Pulley Market Research Report
By Type
Steel, Cast iron, Glass filled polymer
By Application
OEM, Aftermarket
By Companies
Dayco Products, SKF AB, The Gates Corporation, Capitol Stampings, Superior Industries, The Timken Corporation, Parcan Group, Clutch Bearings Industries, Jiuh Men Industry, Precision, Dayco Products, Standard Motor Products
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Idler Pulley Market Report Segments:
The global Idler Pulley market is segmented on the basis of:
Types
Steel, Cast iron, Glass filled polymer
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
OEM, Aftermarket
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:
- Dayco Products
- SKF AB
- The Gates Corporation
- Capitol Stampings
- Superior Industries
- The Timken Corporation
- Parcan Group
- Clutch Bearings Industries
- Jiuh Men Industry
- Precision
- Dayco Products
- Standard Motor Products
Highlights of The Idler 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:
- Steel
- Cast iron
- Glass filled polymer
- By Application:
- OEM
- Aftermarket
- 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 Idler 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An idler pulley is a device that helps to keep a machine running smoothly by providing extra power when needed. It's typically mounted on the side of a machine, and it uses gears or belts to transfer power from the engine to other parts of the machine.
Some of the major players in the idler pulley market are Dayco Products, SKF AB, The Gates Corporation, Capitol Stampings, Superior Industries, The Timken Corporation, Parcan Group, Clutch Bearings Industries, Jiuh Men Industry, Precision, Dayco Products, Standard Motor Products.
The idler pulley market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Idler 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 Idler Pulley Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Idler 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 Idler 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 Idler Pulley Market Size & Forecast, 2020-2028
4.5.1 Idler Pulley Market Size and Y-o-Y Growth
4.5.2 Idler Pulley Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Steel
5.2.2 Cast iron
5.2.3 Glass filled polymer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Idler 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 Idler 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Steel
9.6.2 Cast iron
9.6.3 Glass filled polymer
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 Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Steel
10.6.2 Cast iron
10.6.3 Glass filled polymer
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 Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Steel
11.6.2 Cast iron
11.6.3 Glass filled polymer
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 Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Steel
12.6.2 Cast iron
12.6.3 Glass filled polymer
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 Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Steel
13.6.2 Cast iron
13.6.3 Glass filled polymer
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) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
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 Idler Pulley Market: Competitive Dashboard
14.2 Global Idler Pulley Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dayco Products
14.3.2 SKF AB
14.3.3 The Gates Corporation
14.3.4 Capitol Stampings
14.3.5 Superior Industries
14.3.6 The Timken Corporation
14.3.7 Parcan Group
14.3.8 Clutch Bearings Industries
14.3.9 Jiuh Men Industry
14.3.10 Precision
14.3.11 Dayco Products
14.3.12 Standard Motor Products
