Timing Gear Market Size, Share, Analysis, Demand.


Data Bridge Market Research analyses that the timing gear market was valued at USD 6.22 billion in 2021 and is expected to reach the value of USD 9.19 billion by 2029, at a CAGR of 5.00% during the forecast period of 2022-2029. In addition to the market insights such as market value, growt

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Data Bridge Market Research analyses that the timing gear market was valued at USD 6.22 billion in 2021 and is expected to reach the value of USD 9.19 billion by 2029, at a CAGR of 5.00% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis

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Global Timing Gear Market Dynamics: -

Drivers

 

Rapid product developments

The automobile timing chain reduces friction by 25% when compared to belt technology. Furthermore, the timing chain may outlast the vehicle's entire life cycle and is more reliable than traditional belt technology in internal combustion engines. The demand for timing chains is being driven by the desire for improved engine performance and fuel economy.  

 

Rising inactivates by governing authorities

Government initiatives and new standards all over the world are encouraging automakers to improve fuel economy by lightening vehicles and parts. For instance, in Europe and Asia-Pacific, corporate average fuel economy (CAFÉ) standards are paving the way for vehicles with higher fuel economy. Reducing the weight of automobile engines in order to improve fuel economy is a critical factor in promoting the growth of the automobile timing gear market.

 

Opportunity

The rising population and rising income levels will create more opportunities, fuelling the growth of the timing gear market during the forecast period.

 

Restraints

The rising cost of replacement, combined with the development of new and advanced technology such as camless engines, will likely impede the growth of the timing gear market during the forecasted period.

Global Timing Gear Market Scope: -

The timing gear market is segmented on the basis of product type, engine type, vehicle type, and sales channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

 

Engine type

Inline Engines

V–Engines

Product type

Camshaft Timing Gear

Crankshaft Timing Gear

Vehicle type

Passenger Vehicle

Light Commercial Vehicle

Heavy Commercial Vehicle

Off-Road Vehicles

Sales channel

OEM (Original Equipment Manufacturers)

Aftermarket

Timing Gear Market Regional Analysis/Insights: -

The countries covered in the timing gear market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Competitive Landscape and Timing Gear Market: -  

Some of the major players operating in the timing gear market are:

 

GKN PLC (U.K.)

ACPT Inc. (U.S.)

American Axle Manufacturing Inc. (U.S.)

Yamada Manufacturing Co. Ltd. (Japan)

Trelleborg AB (publ) (Sweden)

NTN Corporation (Japan)

The Timken Company (U.S.)

Bailey Morris Limited (U.K.)

Fortune-Cross (Thailand) Co., Ltd. (Thailand)

HYUNDAI WIA CORP. (South Korea)

JTEKT Corporation (Japan)

Meritor, Inc. (U.S.)

Mohit Engineers Pvt. Ltd (India)

Nexteer Automotive Corporation (U.S.)

shanghai gkn huayu driveline systems co. ltd (China)

SHOWA CORPORATION (Japan)

Wanxiang America Corporation (China)

Xuchang Yuangdong Driveshaft Co., Ltd (China)

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MAJOR TOC OF THE REPORT: -

  • Chapter One: Introduction
  • Chapter Two: Market Analysis and Insights
  • Chapter Three: Market Dynamics
  • Chapter Four: Market Scope
  • Chapter Five: Market Regional Insights
  • Chapter Six: Competitive Landscape System Market

 

Get TOC Detail:-   https://www.databridgemarketresearch.com/toc/?dbmr=global-timing-gear-market

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