Global V-belts Market Growth 2023-2029

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’.

LPI (LP Information)' newest research report, the “V-belts Industry Forecast” looks at past sales and reviews total world V-belts sales in 2022, providing a comprehensive analysis by region and market sector of projected V-belts sales for 2023 through 2029. With V-belts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world V-belts industry.

This Insight Report provides a comprehensive analysis of the global V-belts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on V-belts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global V-belts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for V-belts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global V-belts.

The global V-belts market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The major players in India V-belts market include Continental Corporation, Sanlux, Mitsuboshi, Navyug (India), etc. The top 4 players occupy about 30% shares of the whole market. D Type and E Type are two main types, with a share about 50%. Industrial and Agricultural are the key applications, which holds a share about 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of V-belts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    A Type
    B Type
    C Type
    D Type
    E Type
    Others

Segmentation by application
    Automotive
    Industrial
    Agricultural
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    N.K. Enterprises
    Dharamshila Belting
    Navyug
    Flexer Rubbers
    Mitsuboshi
    Gates
    Fenner Drives
    Continental Corporation
    Beha
    Optibelt
    Sanlux
    Sanwei

Key Questions Addressed in this Report
What is the 10-year outlook for the global V-belts market?
What factors are driving V-belts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do V-belts market opportunities vary by end market size?
How does V-belts break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. V-belts Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. V-belts Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of A Type
    Table 4. Major Players of B Type
    Table 5. Major Players of C Type
    Table 6. Major Players of D Type
    Table 7. Major Players of E Type
    Table 8. Major Players of Others
    Table 9. Global V-belts Sales by Type (2018-2023) & (K Units)
    Table 10. Global V-belts Sales Market Share by Type (2018-2023)
    Table 11. Global V-belts Revenue by Type (2018-2023) & ($ million)
    Table 12. Global V-belts Revenue Market Share by Type (2018-2023)
    Table 13. Global V-belts Sale Price by Type (2018-2023) & (USD/Unit)
    Table 14. Global V-belts Sales by Application (2018-2023) & (K Units)
    Table 15. Global V-belts Sales Market Share by Application (2018-2023)
    Table 16. Global V-belts Revenue by Application (2018-2023)
    Table 17. Global V-belts Revenue Market Share by Application (2018-2023)
    Table 18. Global V-belts Sale Price by Application (2018-2023) & (USD/Unit)
    Table 19. Global V-belts Sales by Company (2018-2023) & (K Units)
    Table 20. Global V-belts Sales Market Share by Company (2018-2023)
    Table 21. Global V-belts Revenue by Company (2018-2023) ($ Millions)
    Table 22. Global V-belts Revenue Market Share by Company (2018-2023)
    Table 23. Global V-belts Sale Price by Company (2018-2023) & (USD/Unit)
    Table 24. Key Manufacturers V-belts Producing Area Distribution and Sales Area
    Table 25. Players V-belts Products Offered
    Table 26. V-belts Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 27. New Products and Potential Entrants
    Table 28. Mergers & Acquisitions, Expansion
    Table 29. Global V-belts Sales by Geographic Region (2018-2023) & (K Units)
    Table 30. Global V-belts Sales Market Share Geographic Region (2018-2023)
    Table 31. Global V-belts Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 32. Global V-belts Revenue Market Share by Geographic Region (2018-2023)
    Table 33. Global V-belts Sales by Country/Region (2018-2023) & (K Units)
    Table 34. Global V-belts Sales Market Share by Country/Region (2018-2023)
    Table 35. Global V-belts Revenue by Country/Region (2018-2023) & ($ millions)
    Table 36. Global V-belts Revenue Market Share by Country/Region (2018-2023)
    Table 37. Americas V-belts Sales by Country (2018-2023) & (K Units)
    Table 38. Americas V-belts Sales Market Share by Country (2018-2023)
    Table 39. Americas V-belts Revenue by Country (2018-2023) & ($ Millions)
    Table 40. Americas V-belts Revenue Market Share by Country (2018-2023)
    Table 41. Americas V-belts Sales by Type (2018-2023) & (K Units)
    Table 42. Americas V-belts Sales by Application (2018-2023) & (K Units)
    Table 43. APAC V-belts Sales by Region (2018-2023) & (K Units)
    Table 44. APAC V-belts Sales Market Share by Region (2018-2023)
    Table 45. APAC V-belts Revenue by Region (2018-2023) & ($ Millions)
    Table 46. APAC V-belts Revenue Market Share by Region (2018-2023)
    Table 47. APAC V-belts Sales by Type (2018-2023) & (K Units)
    Table 48. APAC V-belts Sales by Application (2018-2023) & (K Units)
    Table 49. Europe V-belts Sales by Country (2018-2023) & (K Units)
    Table 50. Europe V-belts Sales Market Share by Country (2018-2023)
    Table 51. Europe V-belts Revenue by Country (2018-2023) & ($ Millions)
    Table 52. Europe V-belts Revenue Market Share by Country (2018-2023)
    Table 53. Europe V-belts Sales by Type (2018-2023) & (K Units)
    Table 54. Europe V-belts Sales by Application (2018-2023) & (K Units)
    Table 55. Middle East & Africa V-belts Sales by Country (2018-2023) & (K Units)
    Table 56. Middle East & Africa V-belts Sales Market Share by Country (2018-2023)
    Table 57. Middle East & Africa V-belts Revenue by Country (2018-2023) & ($ Millions)
    Table 58. Middle East & Africa V-belts Revenue Market Share by Country (2018-2023)
    Table 59. Middle East & Africa V-belts Sales by Type (2018-2023) & (K Units)
    Table 60. Middle East & Africa V-belts Sales by Application (2018-2023) & (K Units)
    Table 61. Key Market Drivers & Growth Opportunities of V-belts
    Table 62. Key Market Challenges & Risks of V-belts
    Table 63. Key Industry Trends of V-belts
    Table 64. V-belts Raw Material
    Table 65. Key Suppliers of Raw Materials
    Table 66. V-belts Distributors List
    Table 67. V-belts Customer List
    Table 68. Global V-belts Sales Forecast by Region (2024-2029) & (K Units)
    Table 69. Global V-belts Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Americas V-belts Sales Forecast by Country (2024-2029) & (K Units)
    Table 71. Americas V-belts Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. APAC V-belts Sales Forecast by Region (2024-2029) & (K Units)
    Table 73. APAC V-belts Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 74. Europe V-belts Sales Forecast by Country (2024-2029) & (K Units)
    Table 75. Europe V-belts Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 76. Middle East & Africa V-belts Sales Forecast by Country (2024-2029) & (K Units)
    Table 77. Middle East & Africa V-belts Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 78. Global V-belts Sales Forecast by Type (2024-2029) & (K Units)
    Table 79. Global V-belts Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 80. Global V-belts Sales Forecast by Application (2024-2029) & (K Units)
    Table 81. Global V-belts Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 82. N.K. Enterprises Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 83. N.K. Enterprises V-belts Product Portfolios and Specifications
    Table 84. N.K. Enterprises V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 85. N.K. Enterprises Main Business
    Table 86. N.K. Enterprises Latest Developments
    Table 87. Dharamshila Belting Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 88. Dharamshila Belting V-belts Product Portfolios and Specifications
    Table 89. Dharamshila Belting V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 90. Dharamshila Belting Main Business
    Table 91. Dharamshila Belting Latest Developments
    Table 92. Navyug Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 93. Navyug V-belts Product Portfolios and Specifications
    Table 94. Navyug V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 95. Navyug Main Business
    Table 96. Navyug Latest Developments
    Table 97. Flexer Rubbers Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 98. Flexer Rubbers V-belts Product Portfolios and Specifications
    Table 99. Flexer Rubbers V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 100. Flexer Rubbers Main Business
    Table 101. Flexer Rubbers Latest Developments
    Table 102. Mitsuboshi Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 103. Mitsuboshi V-belts Product Portfolios and Specifications
    Table 104. Mitsuboshi V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 105. Mitsuboshi Main Business
    Table 106. Mitsuboshi Latest Developments
    Table 107. Gates Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 108. Gates V-belts Product Portfolios and Specifications
    Table 109. Gates V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 110. Gates Main Business
    Table 111. Gates Latest Developments
    Table 112. Fenner Drives Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 113. Fenner Drives V-belts Product Portfolios and Specifications
    Table 114. Fenner Drives V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 115. Fenner Drives Main Business
    Table 116. Fenner Drives Latest Developments
    Table 117. Continental Corporation Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 118. Continental Corporation V-belts Product Portfolios and Specifications
    Table 119. Continental Corporation V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 120. Continental Corporation Main Business
    Table 121. Continental Corporation Latest Developments
    Table 122. Beha Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 123. Beha V-belts Product Portfolios and Specifications
    Table 124. Beha V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 125. Beha Main Business
    Table 126. Beha Latest Developments
    Table 127. Optibelt Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 128. Optibelt V-belts Product Portfolios and Specifications
    Table 129. Optibelt V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 130. Optibelt Main Business
    Table 131. Optibelt Latest Developments
    Table 132. Sanlux Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 133. Sanlux V-belts Product Portfolios and Specifications
    Table 134. Sanlux V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 135. Sanlux Main Business
    Table 136. Sanlux Latest Developments
    Table 137. Sanwei Basic Information, V-belts Manufacturing Base, Sales Area and Its Competitors
    Table 138. Sanwei V-belts Product Portfolios and Specifications
    Table 139. Sanwei V-belts Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 140. Sanwei Main Business
    Table 141. Sanwei Latest Developments
List of Figures
    Figure 1. Picture of V-belts
    Figure 2. V-belts Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global V-belts Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global V-belts Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. V-belts Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of A Type
    Figure 10. Product Picture of B Type
    Figure 11. Product Picture of C Type
    Figure 12. Product Picture of D Type
    Figure 13. Product Picture of E Type
    Figure 14. Product Picture of Others
    Figure 15. Global V-belts Sales Market Share by Type in 2022
    Figure 16. Global V-belts Revenue Market Share by Type (2018-2023)
    Figure 17. V-belts Consumed in Automotive
    Figure 18. Global V-belts Market: Automotive (2018-2023) & (K Units)
    Figure 19. V-belts Consumed in Industrial
    Figure 20. Global V-belts Market: Industrial (2018-2023) & (K Units)
    Figure 21. V-belts Consumed in Agricultural
    Figure 22. Global V-belts Market: Agricultural (2018-2023) & (K Units)
    Figure 23. V-belts Consumed in Others
    Figure 24. Global V-belts Market: Others (2018-2023) & (K Units)
    Figure 25. Global V-belts Sales Market Share by Application (2022)
    Figure 26. Global V-belts Revenue Market Share by Application in 2022
    Figure 27. V-belts Sales Market by Company in 2022 (K Units)
    Figure 28. Global V-belts Sales Market Share by Company in 2022
    Figure 29. V-belts Revenue Market by Company in 2022 ($ Million)
    Figure 30. Global V-belts Revenue Market Share by Company in 2022
    Figure 31. Global V-belts Sales Market Share by Geographic Region (2018-2023)
    Figure 32. Global V-belts Revenue Market Share by Geographic Region in 2022
    Figure 33. Americas V-belts Sales 2018-2023 (K Units)
    Figure 34. Americas V-belts Revenue 2018-2023 ($ Millions)
    Figure 35. APAC V-belts Sales 2018-2023 (K Units)
    Figure 36. APAC V-belts Revenue 2018-2023 ($ Millions)
    Figure 37. Europe V-belts Sales 2018-2023 (K Units)
    Figure 38. Europe V-belts Revenue 2018-2023 ($ Millions)
    Figure 39. Middle East & Africa V-belts Sales 2018-2023 (K Units)
    Figure 40. Middle East & Africa V-belts Revenue 2018-2023 ($ Millions)
    Figure 41. Americas V-belts Sales Market Share by Country in 2022
    Figure 42. Americas V-belts Revenue Market Share by Country in 2022
    Figure 43. Americas V-belts Sales Market Share by Type (2018-2023)
    Figure 44. Americas V-belts Sales Market Share by Application (2018-2023)
    Figure 45. United States V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Canada V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Mexico V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Brazil V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 49. APAC V-belts Sales Market Share by Region in 2022
    Figure 50. APAC V-belts Revenue Market Share by Regions in 2022
    Figure 51. APAC V-belts Sales Market Share by Type (2018-2023)
    Figure 52. APAC V-belts Sales Market Share by Application (2018-2023)
    Figure 53. China V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Japan V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 55. South Korea V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 56. Southeast Asia V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 57. India V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 58. Australia V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 59. China Taiwan V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 60. Europe V-belts Sales Market Share by Country in 2022
    Figure 61. Europe V-belts Revenue Market Share by Country in 2022
    Figure 62. Europe V-belts Sales Market Share by Type (2018-2023)
    Figure 63. Europe V-belts Sales Market Share by Application (2018-2023)
    Figure 64. Germany V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 65. France V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 66. UK V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Italy V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Russia V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Middle East & Africa V-belts Sales Market Share by Country in 2022
    Figure 70. Middle East & Africa V-belts Revenue Market Share by Country in 2022
    Figure 71. Middle East & Africa V-belts Sales Market Share by Type (2018-2023)
    Figure 72. Middle East & Africa V-belts Sales Market Share by Application (2018-2023)
    Figure 73. Egypt V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 74. South Africa V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Israel V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 76. Turkey V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 77. GCC Country V-belts Revenue Growth 2018-2023 ($ Millions)
    Figure 78. Manufacturing Cost Structure Analysis of V-belts in 2022
    Figure 79. Manufacturing Process Analysis of V-belts
    Figure 80. Industry Chain Structure of V-belts
    Figure 81. Channels of Distribution
    Figure 82. Global V-belts Sales Market Forecast by Region (2024-2029)
    Figure 83. Global V-belts Revenue Market Share Forecast by Region (2024-2029)
    Figure 84. Global V-belts Sales Market Share Forecast by Type (2024-2029)
    Figure 85. Global V-belts Revenue Market Share Forecast by Type (2024-2029)
    Figure 86. Global V-belts Sales Market Share Forecast by Application (2024-2029)
    Figure 87. Global V-belts Revenue Market Share Forecast by Application (2024-2029)

N.K. Enterprises
Dharamshila Belting
Navyug
Flexer Rubbers
Mitsuboshi
Gates
Fenner Drives
Continental Corporation
Beha
Optibelt
Sanlux
Sanwei

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape