Automotive Engine Belt and Hoses Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	161 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260745

Best Price Guarantee
Price	from $4,850
Length	161 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260745

Automotive Engine Belt and Hoses Market

Growth Factors of Automotive Engine Belt and Hoses Market

The automotive engine belt and hoses market size was valued at USD 24.95 billion in 2022, and the market is now projected to grow from USD 25.51 billion in 2023 to USD 29.04 billion by 2030, exhibiting a CAGR of 1.9% during the forecast period of 2023-2030.

The lockdown measures and logistic restrictions have dropped demand for the products. The monetary issues in the pandemic have decreased orders. Lessening of expenses by consumers hampered the capability to invest in research and development activities. Hence, the COVID-19 pandemic has affected the automotive engine belt and hoses market growth.

The automotive engine belt and hoses market share globally has improved because of the rising automotive production and its dealing. These products are highly indispensable components of conventional automobiles. They help in a diverse variety of automobile operations. The constant growth of various means of transportation production and its sales are making an impression on the demand for premium equipment. Therefore, the adoption of modern vehicle engines to fulfill the diverse customer demands is fueling the market expansion.

A major trend is the use of advanced materials for belt and hose manufacturing is impelling the market growth. The utilization of advanced materials for manufacturing of these items is boosting the market growth. The essential resources used in production of the substance comprise natural rubber and a blend of synthetic rubber. Though, makers are highly focused on developing innovative and improved materials and designs. They can enhance durability, performance, and consistency of the engine.

Comprehensive Analysis of Automotive Engine Belt and Hoses Market

The automotive engine belt and hoses market and automotives industry is rising at an exponential rate because of its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the automotives industry. These segmentations are methodically segregated by types of belt type, hose type, and vehicle type. The belt types are timing belt and drive belt. The hose type includes turbocharger, heating/cooling, fuel delivery, braking, steering, and vacuum. Similarly, the vehicle type is such as passenger cars, light commercial vehicles, and heavy commercial vehicles.

The Asia Pacific region is conducive to the global automotive engine belt and hoses market, leading to a recall of USD 13.75 billion because of the existence of a major auto manufacturers and rising economies is sustaining market growth in the region.

The top players in the market play a critical role in the automotives industry assuring industrial prospectus growth and setting market standards. These players are Hutchinson (France), NICHIRIN CO., LTD. (Japan), Cooper Standard (U.S.), Toyoda Gosei (Japan), Sumitomo Riko Company Limited (Japan), Continental AG (Germany), Yamashita Rubber (Japan), Gates Corporation (U.S.), THE YOKOHAMA RUBBER CO., LTD. (Japan), and Bando Chemical Industries (Japan), these market players present a level-playing competitive landscape.

In June 2023, Toyota Central R&D Labs., Inc. and Toyoda Gosei Co., Ltd. signed a contract to advance new technology to lessen the amount of energy used to generate rubber products. It can also reduce by half the amount of steam required in discharge compared with the previous process.

Segmentation Table

Global Automotive Engine Belt and Hoses Market Scope

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 1.9% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Type

Belt Type

Timing Belt
Drive Belt

Hose Type

Turbocharger
Heating/Cooling
Fuel Delivery
Steering
Braking
Vacuum

By Vehicle Type

Passenger Cars

Light Commercial Vehicles

Heavy Commercial Vehicles

By Region

North America (By Type, Vehicle Type)

U.S. (By Vehicle Type)

Canada (By Vehicle Type)

Mexico (By Vehicle Type)

Europe (By Type, By Vehicle Type)

Germany (By Vehicle Type)

U.K. (By Vehicle Type)

France (By Vehicle Type)

Rest of Europe (By Vehicle Type)

Asia Pacific (By Type, Vehicle Type)

China (By Vehicle Type)

Japan (By Vehicle Type)

India (By Vehicle Type)

South Korea (By Vehicle Type)

Rest of Asia Pacific (By Vehicle Type)

Rest of the World (By Vehicle Type, Type, Application)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Mergers, Acquisition and Partnerships; 4.2. PORTER’s Five Forces; 4.3. Technological Advancement; 4.4. Impact of COVID-19 on Bicycle Market
5. Consolidated Global Automotive Engine Belt and Hoses Market Analysis, Insights and Forecast, 2019-2030: 5.1. Key Findings / Definitions; 5.2. Market Analysis, Insights and Forecast – By Type; 5.2.1. By Belt Type; 5.2.1.1. Timing Belt; 5.2.1.2. Drive Belt; 5.2.2. By Hose Type; 5.2.2.1. Turbocharger; 5.2.2.2. Heating/Cooling; 5.2.2.3. Fuel Delivery; 5.2.2.4. Steering; 5.2.2.5. Braking; 5.2.2.6. Vacuum; 5.3. Market Analysis, Insights and Forecast – By Vehicle Type; 5.3.1. Passenger Cars; 5.3.2. Light Commercial Vehicles; 5.3.3. Heavy Commercial Vehicles; 5.4. Market Analysis, Insights and Forecast – By Region; 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Rest of the World
6. North America Automotive Engine Belt and Hoses Market Analysis, Insights and Forecast, 2019-2030: 6.1. Market Analysis, Insights and Forecast – By Type; 6.1.1. By Belt Type; 6.1.1.1. Timing Belt; 6.1.1.2. Drive Belt; 6.1.2. By Hose Type; 6.1.2.1. Turbocharger; 6.1.2.2. Heating/Cooling; 6.1.2.3. Fuel Delivery; 6.1.2.4. Steering; 6.1.2.5. Braking; 6.1.2.6. Vacuum; 6.2. Market Analysis, Insights and Forecast – By Vehicle Type; 6.2.1. Passenger Cars; 6.2.2. Light Commercial Vehicles; 6.2.3. Heavy Commercial Vehicles; 6.3. Market Analysis, Insights and Forecast – By Country; 6.3.1. U.S.; 6.3.1.1. By Vehicle Type; 6.3.2. Canada; 6.3.2.1. By Vehicle Type; 6.3.3. Mexico; 6.3.3.1. By Vehicle Type
7. Europe Automotive Engine Belt and Hoses Market Analysis, Insights and Forecast, 2019-2030: 7.1. Market Analysis, Insights and Forecast – By Type; 7.1.1. By Belt Type; 7.1.1.1. Timing Belt; 7.1.1.2. Drive Belt; 7.1.2. By Hose Type; 7.1.2.1. Turbocharger; 7.1.2.2. Heating/Cooling; 7.1.2.3. Fuel Delivery; 7.1.2.4. Steering; 7.1.2.5. Braking; 7.1.2.6. Vacuum; 7.2. Market Analysis, Insights and Forecast – By Vehicle Type; 7.2.1. Passenger Cars; 7.2.2. Light Commercial Vehicles; 7.2.3. Heavy Commercial Vehicles; 7.3. Market Analysis, Insights and Forecast – By Country; 7.3.1. Germany; 7.3.1.1. By Vehicle Type; 7.3.2. U.K.; 7.3.2.1. By Vehicle Type; 7.3.3. France; 7.3.3.1. By Vehicle Type; 7.3.4. Rest of Europe; 7.3.4.1. By Vehicle Type
8. Asia Pacific Automotive Engine Belt and Hoses Market Analysis, Insights and Forecast, 2019-2030: 8.1. Market Analysis, Insights and Forecast – By Type; 8.1.1. By Belt Type; 8.1.1.1. Timing Belt; 8.1.1.2. Drive Belt; 8.1.2. By Hose Type; 8.1.2.1. Turbocharger; 8.1.2.2. Heating/Cooling; 8.1.2.3. Fuel Delivery; 8.1.2.4. Steering; 8.1.2.5. Braking; 8.1.2.6. Vacuum; 8.2. Market Analysis, Insights and Forecast – By Vehicle Type; 8.2.1. Passenger Cars; 8.2.2. Light Commercial Vehicles; 8.2.3. Heavy Commercial Vehicles; 8.3. Market Analysis, Insights and Forecast – By Country; 8.3.1. China; 8.3.1.1. By Vehicle Type; 8.3.2. Japan; 8.3.2.1. By Vehicle Type; 8.3.3. India; 8.3.3.1. By Vehicle Type; 8.3.4. South Korea; 8.3.4.1. By Vehicle Type; 8.3.5. Rest of Asia Pacific; 8.3.5.1. By Vehicle Type
9. Rest of the World Automotive Engine Belt and Hoses Market Analysis, Insights and Forecast, 2019-2030: 9.1. Market Analysis, Insights and Forecast – By Type; 9.1.1. By Belt Type; 9.1.1.1. Timing Belt; 9.1.1.2. Drive Belt; 9.1.2. By Hose Type; 9.1.2.1. Turbocharger; 9.1.2.2. Heating/Cooling; 9.1.2.3. Fuel Delivery; 9.1.2.4. Steering; 9.1.2.5. Braking; 9.1.2.6. Vacuum; 9.2. Market Analysis, Insights and Forecast – By Vehicle Type; 9.2.1. Passenger Cars; 9.2.2. Light Commercial Vehicles; 9.2.3. Heavy Commercial Vehicles
10. Competitive Analysis: 10.1. Key Industry Developments; 10.2. Global Market Ranking Analysis (2022); 10.3. Competition Dashboard; 10.4. Comparative Analysis- Major Players; 10.5. Company Profiles; 10.5.1. Hutchinson; 10.5.1.1. Overview; 10.5.1.2. Products & services; 10.5.1.3. SWOT analysis; 10.5.1.4. Recent developments; 10.5.1.5. strategies; 10.5.1.6. financials (based on availability); 10.5.2. Cooper Standard; 10.5.2.1. Overview; 10.5.2.2. Products & services; 10.5.2.3. SWOT analysis; 10.5.2.4. Recent developments; 10.5.2.5. strategies; 10.5.2.6. financials (based on availability); 10.5.3. NICHIRIN CO.,LTD.; 10.5.3.1. Overview; 10.5.3.2. Products & services; 10.5.3.3. SWOT analysis; 10.5.3.4. Recent developments; 10.5.3.5. strategies; 10.5.3.6. financials (based on availability); 10.5.4. Continental AG; 10.5.4.1. Overview; 10.5.4.2. Products & services; 10.5.4.3. SWOT analysis; 10.5.4.4. Recent developments; 10.5.4.5. strategies; 10.5.4.6. financials (based on availability); 10.5.5. Sumitomo Riko Company Limited; 10.5.5.1. Overview; 10.5.5.2. Products & services; 10.5.5.3. SWOT analysis; 10.5.5.4. Recent developments; 10.5.5.5. strategies; 10.5.5.6. financials (based on availability); 10.5.6. THE YOKOHAMA RUBBER CO., LTD.; 10.5.6.1. Overview; 10.5.6.2. Products & services; 10.5.6.3. SWOT analysis; 10.5.6.4. Recent developments; 10.5.6.5. strategies; 10.5.6.6. financials (based on availability); 10.5.7. Toyoda Gosei; 10.5.7.1. Overview; 10.5.7.2. Products & services; 10.5.7.3. SWOT analysis; 10.5.7.4. Recent developments; 10.5.7.5. strategies; 10.5.7.6. financials (based on availability); 10.5.8. Yamashita Rubber; 10.5.8.1. Overview; 10.5.8.2. Products & services; 10.5.8.3. SWOT analysis; 10.5.8.4. Recent developments; 10.5.8.5. strategies; 10.5.8.6. financials (based on availability); 10.5.9. Gates Corporation; 10.5.9.1. Overview; 10.5.9.2. Products & services; 10.5.9.3. SWOT analysis; 10.5.9.4. Recent developments; 10.5.9.5. strategies; 10.5.9.6. financials (based on availability); 10.5.10. Bando Chemical Industries; 10.5.10.1. Overview; 10.5.10.2. Products & services; 10.5.10.3. SWOT analysis; 10.5.10.4. Recent developments; 10.5.10.5. strategies; 10.5.10.6. financials (based on availability)