The Global V-belts Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
V-belt is a belt of V-shaped cross section engaging a V-shaped groove in a pulley for wedging and better traction.
V-Belts are friction based power or torque transmitters. The power is transmitted from one pulley to the other by means of the friction between the belt and pulley. The rubber used as the base material plays a very vital role in this. This is quite similar to the friction between the Tyre and road in the automobiles that enables the automobiles to move on the road.
The V-Belt is called so because of its cross section. The cross section of a V-Belt is similar to that of the letter ‘V’.
Continental Corporation ranks the first in terms of sales share in Indian market of V-belts, occupies 8.70% of the Indian market share in 2016; While, Sanlux, with a market share of 7.97%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 31.53% of the Indian market in 2016.
According to this study, over the next five years the V-belts market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in V-belts business, shared in Chapter 3.
Browse the complete V-belts market Report and TOC @ https://www.decisiondatabases.com/ip/20244-v-belts-market-analysis-report
The key manufacturers covered in this report:
- N.K. Enterprises
- Dharamshila Belting
- Flexer Rubbers
- Fenner Drives
- Continental Corporation
Segmentation by product type:
- A Type
- B Type
- C Type
- D Type
Segmentation by application:
This report also splits the market by region:
- United States
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- To study and analyze the global V-belts consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of V-belts market by identifying its various subsegments.
- Focuses on the key global V-belts manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the V-belts with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of V-belts submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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