A research report on the Automotive Engine Belt & Hoses Market has recently been published by Stratview Research, which addresses the significant changes in the Automotive Engine Belt & Hoses Market. The study’s purpose is to recognize recent market sizes for various segments and countries, as well as forecast values for the coming years. This research gives an analytical review of the marketโ€™s present trend and future estimates in order to find additional opportunities. The report is meant to provide both qualitative and quantitative aspects of the market in each of the areas and countries studied.

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Market Insights

Automotive engine belt & hoses market is likely to witness an impressive CAGR of 7.1% during the forecast period. The rising automobile production is the prime factor that is underpinning the automotive engine belt & hoses market globally. Further, stringent regulations concerning fuel emissions, improvement in materials used in hoses for durability, and surge in penetration of fuel-efficient technologies are the other significant factors, likely to contribute towards the growth of the global automotive engine belt & hoses market.

Profiling Key Companies โ€“

  • Continental AG
  • Toyoda Gosei Co., Ltd.
  • Sumitomo Riko Company Limited
  • Yokohama Rubber Co., Ltd.
  • Pinafore Holdings B.V.
  • Cooper Standard Holdings, Inc.
  • Schaeffler AG
  • Bando Chemical Industries Ltd.
  • Nichirin Co., Ltd.
  • Hutchinson SA

Covid Impact

This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic’s impact and the industry’s economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.

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  • Assessment of the market
  • Competitive Landscape
  • COVID Impact Analysis
  • Value Chain Analysis
  • Historic Data, Estimates, and Forecast
  •  Company Profiles
  • Global and Regional Dynamics
  • Future Business Scope & Opportunities Forecast

Segment Analysis

Based on the application type, the market is segmented as cooling/heating hose, turbocharger hoses, fuel delivery system hose, braking hose, and steering hose. The turbocharger hoses segment is estimated to lead the market during the forecast period owing to the stringent emission standards and increasing awareness regarding fuel efficiency.

Based on the vehicle type, the market is segmented as passenger car, light commercial vehicle, and heavy commercial vehicle. The passenger car segment is anticipated to dominate the market during the forecast period owing to the increasing production and demand from the emerging economies such as China, India, and ASEAN countries. Growing worldwide economy, rising disposable income of consumers, and implementation of stringent emission standards across the globe are likely to act as a catalyst towards the growth of the passenger car segment.

In terms of regions, Asia-Pacific is expected to lead the market for automotive engine belt & hoses during the forecast period. The market is driven by the increasing demand for automobiles, rising disposable income of consumers, and economic development in the emerging countries of the region. China, Japan, India, and South Korea are the growth engines of the regionโ€™s market. North America and Europe are the other two major markets owing to the presence of major OEMs, tier players, and raw material suppliers along with the established supply chain.

Custom Research:

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Critical Questions Answered in the Report

  • What are the key trends in the Automotive Engine Belt & Hoses Market?
  • How the market (and its various sub-segments) has grown in the last five years and what growth trajectory will it follow in the next five years?
  • On what scale has COVID-19 impacted the Automotive Engine Belt & Hoses Market?
  • What are some key strategies adopted by the market leaders in the Automotive Engine Belt & Hoses Market?
  • How much share of the Automotive Engine Belt & Hoses Market do the top players own?

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