Global High-Power Drive Belt Market Insights, Forecast to 2028

Market Analysis and Insights: Global High-Power Drive Belt Market
Due to the COVID-19 pandemic, the global High-Power Drive Belt market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, V belt accounting for % of the High-Power Drive Belt global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Agriculture segment is altered to an % CAGR throughout this forecast period.
China High-Power Drive Belt market size is valued at US$ million in 2021, while the US and Europe High-Power Drive Belt are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe High-Power Drive Belt landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of High-Power Drive Belt include Shanghai Beiwen, YongLi, Veyance Technologies(Continental AG), Esbelt, SANLUX, Bando, Derco, Contenental and Wuxi Shun Sheng, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the High-Power Drive Belt capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of High-Power Drive Belt by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global High-Power Drive Belt Scope and Segment
High-Power Drive Belt market is segmented by Type and by Application. Players, stakeholders, and other participants in the global High-Power Drive Belt market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
V belt
Flat belt
Other
Segment by Application
Agriculture
Energy(Mining)
Food and Beverage
Construction
Other
By Company
Shanghai Beiwen
YongLi
Veyance Technologies(Continental AG)
Esbelt
SANLUX
Bando
Derco
Contenental
Wuxi Shun Sheng
Volta Belting
Habasit
LIAN DA
Beltar
MARTENS
Ammeraal Beltech
Nitta
Forbo-Siegling
Dayco
Habasit
Jiangyin TianGuang
Mitsuboshi
Gates
Intralox
Sampla
Sparks
CHIORINO
Bando
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE