The report on Timing Belt Market by component (idler pulleys, timing shield, tensioner, sprocket),by drive
type (dry belts, chains),by hybrid vehicle type (plug-in hybrid electric vehicle, hybrid electric vehicle), ice
vehicle type (passenger vehicle, commercial vehicle) trends analysis and forecasts up to 2023 studies the
market sizes, key trends and opportunities in the main geographies such as North America, Europe, Asia-
Pacific, Rest of the World. According to the report the Global Timing Belt Market is projected to grow at a
CAGR of 4.89% in terms of value over the period of 2017-2023. The growth in the world market is primarily
driven by significant contribution by North America (Leading region) region to this market.
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Segments Covered
The report on global timing belt market covers segments such as component, drive type, hybrid vehicle
type, and ice vehicle type. The component segments include idler pulleys, timing shield, tensioner, and
sprocket. On the basis of drive type the global timing belt market is categorized into belt-in-oil, dry belts,
and chains. Furthermore, on the basis of hybrid vehicle type the timing belt market is segmented as plug-in
hybrid electric vehicle (PHEV), and hybrid electric vehicle (HEV). On the basis of ice vehicle type the timing
belt market is segmented as passenger vehicle, and commercial vehicle.
Geographic Coverage
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific,
and Rest of the World. In this section the key trends and market size for each geography is provided over
the period of 2015 – 2023.
Infinium Global Research