Aerospace drive belts are used in alternators and generators of aircraft engines. Most of the aerospace drive belts manufactured by the companies are utilized by the general purpose aviation industry. The aerospace drive belts with V-shape are mostly preferred owing to high power transmission capacity and excellent grip properties.Ê
Scope of the Report:This report focuses on the Aerospace Drive Belts in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Nearly one-third of passenger aircraft and freighters demand needed for replacement, along with substantial demand for new aircrafts by 2030 is expected to surge the growth of aerospace drive belts. In addition, general economic growth and corporate profits are significant factors contributing to demand aircrafts and consequently raising the demand for aircraft drive belts. Manufacturers are poised to develop aircraft drive belts more reliable and to embody lightweight designs. Expansion of commercial aircraft fleet will likely to facilitate additional growth in aerospace drive belts market.
The increased number of protectionist policies in Western countries challenges the trend toward increased air service liberalization. Moreover, microeconomic factors that are omnipresent across the aviation industry, including, intensified competition coupled with low fuel prices are expected to stimulate the demand for new aircraft fleet. Economic crisis caused due to low energy prices may likely to impede the pace of aviation industry and subsequently, impacting the aerospace drive belts market.
The worldwide market for Aerospace Drive Belts is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Continental
Hutchinson
McFarlane Aviation
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Timing Belts
Open-Ended Belts
V- and V-Ribbed Belts
Market Segment by Applications, can be divided into Military Aerospace
Commercial Aerospace
Others
There are 15 Chapters to deeply display the global Aerospace Drive Belts market.
Chapter 1, to describe Aerospace Drive Belts Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Aerospace Drive Belts, with sales, revenue, and price of Aerospace Drive Belts, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Aerospace Drive Belts, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Aerospace Drive Belts market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Aerospace Drive Belts sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
