Rubber V-belt, Global Top 16 Players Rank and Total Market Size Forecast 2023-2029 | |
Rubber V-belt Market Summary A rubber V-belt is a type of power transmission belt that has a trapezoidal cross-section and is commonly used in mechanical systems to transfer rotational power from one component to another. It is called a "V-belt" because of its shape, which resembles the letter "V". The belt is usually made of rubber or synthetic materials and is reinforced with cords or fibers for strength. Rubber V-belts are widely used in various applications, including automotive engines, industrial machinery, agricultural equipment, and appliances. They are known for their flexibility, high friction grip, and ability to transmit power efficiently. The V-shaped design allows the belt to wedge tightly into the pulley grooves, providing a positive drive and preventing slippage. These belts are designed to withstand a range of operating conditions, such as temperature variations, moisture, and exposure to oil and other contaminants. Regular maintenance, including proper tensioning and periodic inspection, is important to ensure optimal performance and prevent premature wear or failure. According to the new market research report "Global Rubber V-belt Market Report 2023-2029", published by QYResearch, the global Rubber V-belt market size is projected to grow from USD 1907.7 million in 2023 to USD 2376.5 million by 2029, at a CAGR of 3.7% during the forecast period. In 2023, the global top five Rubber V-belt players account for 70.55% of market share in terms of revenue. Above figure shows the key players ranked by revenue share in Rubber V-belt.In terms of product type, Fabric Covered V-belt is the largest segment, hold a share of 64.4% in 2023.In terms of product application, Industrial Machinery Field is the largest application, hold a share of 49.9% in 2023. About The Authors HuChen Yang Lead Author Machinery and Equipment Email: yanghuchen@qyresearch.com Tel: +86-17801072109 About QYResearch QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future. QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc. | |
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