Idler Pulley Market

Introduction

The idler pulley is a mechanical part in the vehicle, functions to guide and maintain the tension on the drive belt. The idler pulley offers the required tension in the driving belt and also other systems parts such as alternators, air compressors, water pumps and power steering pumps housing are helped by the function of the idler pulley. On under tension, the vehicle can experience vibration, early failure of belt, noise and spillage.

In such a scenario idler pulley play an important role. The idler pulley is available in steel, cast iron and plastic material. Owing to the light weight design trend in the automotive industry, the demand for plastic idler pulley is high. Features in the idler pulley are, they are designed with a surface being smooth, riveted or grooved pattern.

These patterns serve the different need, for instance, grooved design in the idler pulley reduces the friction as well as wear on the belt, and smoothness prevents belt scuffing whereas riveted design adds durability to the idler pulley. The idler pulley is manufactured for OEMs and are also available in the aftermarket. The aftermarket for idler pulley is expected to grow at substantial growth rate due to the product life cycle and the products in the aftermarket are less expensive compared to OEM.

Global Idler Pulley Market: Drivers and Restraints

The idler pulley market is primarily driven by the growing automotive industry. The increasing sales of automotive vehicles drive the consumption of idler pulley. Further, the idler pulley has to be replaced when worn out and thus, the replacement rate of idler pulley is also quite high. However, the strict regulations for auto component manufacturing challenge the idler pulley manufacturers.

Global Idler Pulley Market:  Segmentation

Attribute	Details
On the basis of idler pulley type	Flat belt idler pulley With flange Without flange V- belt idler pulley Serpentine
On the basis of material type	Steel Cast iron Glass filled polymer
On the basis of distribution channel	OEM Aftermarket

Global Idler Pulley Market:  Region wise Outlook

The global idler pulley market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). The automotive industry growth is influenced by the improved sentiment of the consumers. In the emerging markets, factors such as stabilised government structure, a rise in the purchasing power, developments in the infrastructure attract the investments in the auto component industries in the developing regions.

The APEJ holds the majority of the share in the global idler pulley market owing to the vast presence of small scale manufacturers. The idler market in Western Europe is quite stable and matured in terms of production. Factor such as the strong technological base for efficient production of the idler pulley, coupled with a high spending power of consumers in the Europe as well as North America region exhibits influence on the idler pulley market.

Global Idler Pulley Market:  Key Players

Some of the key players identified in the global idler pulley market include:

• Dayco Products, LLC
• SKF AB
• The Gates Corporation
• Capitol Stampings Corp.
• Superior Industries, LLC
• The Timken Corporation
• Parcan Group
• Clutch Bearings Industries Co., Ltd.
• Jiuh Men Industry Co., Ltd.
• Precision, Inc.
• Schaeffler Technologies AG & Co. KG
• Standard Motor Products, Inc       

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain 

 Regional analysis includes

• North America (Canada, The U.S.)
• Latin America (Mexico, Brazil, Rest Of Latin America )
• Western Europe (Germany, Italy, France, U.K, Spain, Netherlands, BENELUX, Nordic countries )
• Eastern Europe ( Russia, Rest Of Eastern Europe)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC countries, S. Africa, and Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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