Market Giant Industrial Belt Drives Market Size, Share and Capa | Seite 2
Growing popularity of industrial belt drives in the industrial machinery segment is attributed to the increasing
manufacturing activities in North America and Asia Pacific region. The material handling industry segment has also
witnessed substantial growth due to increasing adoption of conveyor systems and growing demand for power
transmission equipment.
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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies in manufacturing
sector, surge in number of research & development activities in the region and existence of well-established industrial
infrastructure.
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Market Segment:
The major manufacturers covered in this report
• ContiTech
• Dayco
• Fenner
• Gates
• Optibelt
• B&B Manufacturing
• Belt