Market Overview:
The global motor generator belt 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 electric vehicles and hybrid vehicles across the globe. In addition, rising awareness about fuel efficiency and emissions is also propelling the demand for motor generator belts in passenger cars and commercial vehicles.
The global motor generator belt market by type is segmented into rubber belt and PU belt. The rubber belt segment is expected to dominate the market during the forecast period owing to its high durability, tensile strength, and resistance against heat and chemicals.
Product Definition:
A motor generator belt is a belt that transfers power from the engine to the generator. The belt helps to ensure that the generator receives power consistently, which is important for keeping the generator running.
Rubber Belt:
Rubber Belt is a flexible, elastomeric belt made from natural or synthetic rubber. It is used for transferring mechanical energy in the form of torque between two pulleys. The product finds application in various industries such as construction, automotive and food processing among others. In the past few years, there has been an increase in demand for Electric Vehicles (EVs) which are expected to drive market growth over the forecast period.
PU Belt:
PU Belt is Polyester Rigid Belts. They are used in generator sets to transmit power from the engine to accessories and other parts of the vehicle. The PU belts have high load carrying capacity, low elongation and shrinkage, high resistance to abrasion & solvent, excellent flexibility at low temperatures and good anti-tear properties.
Application Insights:
The commercial vehicle segment held the largest share of 59.4% in 2017. The growth can be attributed to the growing demand for electric power steering, air conditioner, HVAC and other comfort systems in passenger cars. Moreover, increasing number of hospitals and hotels across the world is expected to drive the demand for GMG in commercial vehicles over the forecast period.
Passenger car applications are projected to witness a CAGR of XX% from 2018 to 2030 owing to rising disposable income among consumers globally coupled with an increase in per capita ownership of passenger cars since 2010 due largely on account of high sales volume generated by domestic manufacturers such as Hyundai Motor Co., Ltd., Kia Motors Sdn Bhd., Suzuki Motor Indonesia Jepara (Mitsubishi Fuso), Nissan Motors Asia Pte Ltd., BYTON (Bajaj Auto) and BAIC Automotive Group Co.; LTD.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for AMGBs owing to rising automotive production, especially in China and India. Furthermore, growing infrastructure activities are projected to drive product demand over the coming years.
The North American market is also anticipated to witness considerable growth due to stringent government regulations pertainingto safety standards of workers coupled with high awareness levels among end-users regardingthe benefits offered by these belts.
MEA is expected witness substantial growth from 2018 through 2030 on account of rapid industrialization alongwith an increase in oil & gas exploration activities primarily within GCC countries such as Saudi Arabia UAE Oman Kuwait Jordan Nigeria Egypt etc.
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in renewable energy sources
- Rising concerns over climate change and air pollution
- Proliferation of smart grids and microgrids
- Technological advancements in motor generator belt manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Generator Belt Market Research Report
By Type
Rubber Belt, PU Belt
By Application
Passenger Car, Commercial Vehicle
By Companies
Gates, Continental, BANDO, Bosch, Mitsuboshi, Habasit, ACDelco, Drake Automotive Group, John Deere, Shri Rama Industries, Eckler, Dennis Carpenter, Tenneco, Caterpillar, Lycoming Engines, AC Industrials, AGCO
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Motor Generator Belt Market Report Segments:
The global Motor Generator Belt market is segmented on the basis of:
Types
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.
Applications
Passenger Car, Commercial Vehicle
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:
- Gates
- Continental
- BANDO
- Bosch
- Mitsuboshi
- Habasit
- ACDelco
- Drake Automotive Group
- John Deere
- Shri Rama Industries
- Eckler
- Dennis Carpenter
- Tenneco
- Caterpillar
- Lycoming Engines
- AC Industrials
- AGCO
Highlights of The Motor Generator Belt 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:
- Rubber Belt
- PU Belt
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Motor 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
- 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?
A motor generator belt is a type of engine belt that transfers power from the engine to other parts of the vehicle. It typically includes pulleys and gears, and is used to rotate the drive shaft or propeller.
Some of the key players operating in the motor generator belt market are Gates, Continental, BANDO, Bosch, Mitsuboshi, Habasit, ACDelco, Drake Automotive Group, John Deere, Shri Rama Industries, Eckler, Dennis Carpenter, Tenneco, Caterpillar, Lycoming Engines, AC Industrials, AGCO.
The motor generator belt market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motor 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. Motor 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. Motor Generator Belt Market - Supply Chain
4.5. Global Motor Generator Belt Market Forecast
4.5.1. Motor Generator Belt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motor Generator Belt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motor Generator Belt Market Absolute $ Opportunity
5. Global Motor 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. Motor 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 Motor 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. Motor Generator Belt Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. Commercial Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Motor 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. Motor 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 Motor 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. Motor 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 Motor Generator Belt Demand Share Forecast, 2019-2026
9. North America Motor 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 Motor 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 Motor Generator Belt Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. Commercial Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motor 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 Motor Generator Belt Demand Share Forecast, 2019-2026
10. Latin America Motor 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 Motor 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 Motor Generator Belt Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. Commercial Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motor 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 Motor Generator Belt Demand Share Forecast, 2019-2026
11. Europe Motor 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 Motor 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 Motor Generator Belt Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. Commercial Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motor 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 Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Motor Generator Belt Demand Share, 2019-2026
12. Asia Pacific Motor 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 Motor 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 Motor Generator Belt Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. Commercial Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motor 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 Motor Generator Belt Demand Share, 2019-2026
13. Middle East & Africa Motor 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 Motor 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 Motor Generator Belt Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. Commercial Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motor 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 Motor Generator Belt Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Motor Generator Belt Market: Market Share Analysis
14.2. Motor Generator Belt Distributors and Customers
14.3. Motor Generator Belt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gates
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Continental
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BANDO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bosch
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsuboshi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Habasit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ACDelco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Drake Automotive Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. John Deere
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shri Rama Industries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Eckler
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dennis Carpenter
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tenneco
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Caterpillar
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lycoming Engines
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. AC Industrials
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AGCO
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
