A poly-v belt is a single continuous belt used to drive auxiliary components such as the alternator, air pump, water pump, power steering pump, and air conditioning compressor in an automotive engine.
Technavio’s analysts forecast the global commercial vehicle poly-v belt market to grow at a CAGR of 6.18% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global commercial vehicle poly-v belt market for 2017-2021. To calculate the market size, the report considers the sales volumes of poly-v belts in commercial vehicles.
The market is divided into the following segments based on geography: • Americas • APAC • Europe
Technavio's report, Global Commercial Vehicle Poly-V Belt 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 • Continental • Gates • Sumitomo
Other prominent vendors • Bando • Colmant-Cuvelier • Federal-Mogul
Market driver • Increase in sales of commercial vehicles in emerging countries
• For a full, detailed list, view our report
Market challenge • Fluctuating demand for commercial vehicles • For a full, detailed list, view our report
Market trend • Design improvements in engine belts • 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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