Industrial variable speed belts are used in applications wherein changes in speed during operation are common. They are a part of the V-belt family. However, they differ in shape considerably as compared with the standard V-belt, which has a distinctly broader width and a narrower thickness. The global industrial variable speed belts market focuses on variable speed belts that are used in drive applications in machinery with varying drive ratios.
Technavio’s analysts forecast the global industrial variable speed belts market to grow at a CAGR of 7.89% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global industrial variable speed belts market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Industrial Variable Speed Belts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • ContiTech • Gates • Optibelt • SKF
Other prominent vendors • Goodyear Rubber • Hi-Lo Manufacturing • Lian Eng • Lovejoy • Megadyne • Pixtrans • Q-Power • Rubena • San Wu Rubber • Timken • TOYOPOWER
Market driver • Rise in energy saving through smart and efficient technologies in belt drives • For a full, detailed list, view our report
Market challenge • Lack of predictive maintenance • For a full, detailed list, view our report
Market trend • Rise of smart electrical systems • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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