Introduction: Idler Pulley Market
The vehicle’s idler pulley, a mechanical component, controls and upholds the drive belt’s tension. In addition to helping other system components like alternators, air compressors, water pumps, and power steering pump housing, the idler pulley provides the necessary tension for the driving belt. Under tension, the car may vibrate, the belt may fail sooner, there may be noise, and there may be spillage.
In this situation, idler pulleys are crucial. Steel, cast iron, and plastic are the materials that the idler pulley is available in. Plastic idler pulleys are in great demand because of the trend toward lightweight design in the automobile sector. The idler pulley has the features of having a smooth, riveted, or grooved pattern on its surface.
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These patterns serve various purposes. For example, an idler pulley with a grooved design lowers friction and belt wear, while a belt with a smooth surface avoids scuffing, and an idler pulley with a riveted construction is more durable. The idler pulley is produced for original equipment manufacturers and is also sold in the aftermarket. Due to the product life cycle and the fact that aftermarket products are less expensive than OEM, the aftermarket for idler pulleys is anticipated to increase rapidly.
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.
Segmentation
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
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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.
Key Players
- 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
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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)
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