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"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Aerospace Drive Belts market. Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Aerospace Drive Belts market." 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. 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 global Aerospace Drive Belts market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. This report focuses on Aerospace Drive Belts volume and value at global level, regional level and company level. From a global perspective, this report represents overall Aerospace Drive Belts market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report. The following manufacturers are covered: Continental Hutchinson McFarlane Aviation ... Segment by Regions North America Europe China Japan Segment by Type Timing Belts Open-Ended Belts V- and V-Ribbed Belts Segment by Application Military Aerospace Commercial Aerospace Others
Table of Contents Executive Summary 1 Aerospace Drive Belts Market Overview 1.1 Product Overview and Scope of Aerospace Drive Belts 1.2 Aerospace Drive Belts Segment by Type 1.2.1 Global Aerospace Drive Belts Production Growth Rate Comparison by Type (2014-2025) 1.2.2 Timing Belts 1.2.3 Open-Ended Belts 1.2.4 V- and V-Ribbed Belts 1.3 Aerospace Drive Belts Segment by Application 1.3.1 Aerospace Drive Belts Consumption Comparison by Application (2014-2025) 1.3.2 Military Aerospace 1.3.3 Commercial Aerospace 1.3.4 Others 1.4 Global Aerospace Drive Belts Market by Region 1.4.1 Global Aerospace Drive Belts Market Size Region 1.4.2 North America Status and Prospect (2014-2025) 1.4.3 Europe Status and Prospect (2014-2025) 1.4.4 China Status and Prospect (2014-2025) 1.4.5 Japan Status and Prospect (2014-2025) 1.5 Global Aerospace Drive Belts Market Size 1.5.1 Global Aerospace Drive Belts Revenue (2014-2025) 1.5.2 Global Aerospace Drive Belts Production (2014-2025) 2 Global Aerospace Drive Belts Market Competition by Manufacturers 2.1 Global Aerospace Drive Belts Production Market Share by Manufacturers (2014-2019) 2.2 Global Aerospace Drive Belts Revenue Share by Manufacturers (2014-2019) 2.3 Global Aerospace Drive Belts Average Price by Manufacturers (2014-2019) 2.4 Manufacturers Aerospace Drive Belts Production Sites, Area Served, Product Types 2.5 Aerospace Drive Belts Market Competitive Situation and Trends 2.5.1 Aerospace Drive Belts Market Concentration Rate 2.5.2 Aerospace Drive Belts Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion 3 Global Aerospace Drive Belts Production Market Share by Regions 3.1 Global Aerospace Drive Belts Production Market Share by Regions 3.2 Global Aerospace Drive Belts Revenue Market Share by Regions (2014-2019) 3.3 Global Aerospace Drive Belts Production, Revenue, Price and Gross Margin (2014-2019) 3.4 North America Aerospace Drive Belts Production 3.4.1 North America Aerospace Drive Belts Production Growth ... | read more...