The Global Idler Pulley Market size is expected to grow at a CAGR of 4.4% by 2028. The market for the idler pulleys has been increasing steadily in recent years, and it can be attributed to factors such as increased use of electric motors in vehicles, high demand for low-noise and energy-efficient products, etc.
An Idler Pulley is a mechanical device that transmits motion on one side of the wheel to its opposite end. Idlers are typically seen in systems with cogged wheels, such as timing belts or bicycle chains. They can be found in many other applications and they may also have an integral bearing housing. In this way, it is different from most types of pulleys because it does not lift loads up over long distances like some form of block and tackle system but instead moves them around corners without changing height or length.
An Idler Pulley is generally used in systems with cogged wheels. The two most common applications of idler pulleys are timing belts and bicycle chains. In a system where the belt or chain must turn corners, such as on the backside of a machine tool, it can be difficult to use wheel-mounted pivot points because there's no way for them to swivel around each other at the corner (they could if they had some sort of articulating joint). In these cases, an idler pulley mounted off-axis and just outside the line connecting one end of the belt/chain to its opposite end will rotate along that same arc and allow smooth transitions when bending around corners while also providing adequate support at the opposite end of the belt/chain.
On the basis of Type, the market is segmented into Steel, Cast Iron, and Glass-Filled Polymer.
The steel idler pulley is a kind of steel-made that consists of axles and two parallel arms. Steel idler pulleys are used to transfer power from the motor shaft to the output shaft through the belt, chain, gear system; they transmit torque between machine parts when these machines do not have an integral transmission device such as gears. They can be seen in factories, construction sites where many items need to be transported up narrow stairs at one time which would otherwise require more than one person with a hand truck.
Cast Iron Idler Pulley, also known as cast iron pulleys, are made of a durable material that has been used for centuries. Cast Iron is mainly composed of silicon (Si), oxygen (O), and aluminum oxide (Al). It can be found in nature by mining or other natural deposits such as the open ocean floor.
Cast Iron Idler Pulleys are used in a wide range of applications, including in the manufacturing industry. They are mainly used for driving belt systems such as conveyor belts and other types of industrial application machinery that need to be powered or driven by an electric motor. These pulleys can also serve as a guard for rotating shafts or provide support around stationary bearings.
Glass-filled polymer idler pulleys are used in a variety of automotive and industrial applications. These idlers provide low wear, high efficiency, and good corrosion resistance to their environment. They can also be manufactured as either single or double row designs for use on most types of conveyors with the exception of those that require continuous rotation from one direction due to material handling requirements.
Glass-filled polymer idler pulleys are the most recent innovation on the market, and they offer many benefits over traditional materials. First off, because it is made of glass-filled polymer, this material does not need to be lubricated like metal or cast iron idlers do in order for them to function properly.
On the basis of Application, the market is segmented into OEM and aftermarket. The Aftermarket application is further sub-segmented into replacement, spare part, repair markets.
Idler pulleys are mainly used in the automotive industry, where they provide support to long driveshafts. They can also be found on front- and rear axles as well as other heavy machinery. Idlers may sometimes have bearings inside them for a smoother ride of parts that will tend to come into contact with each other such as brake drums or rotors. The idler pulley is then used to transmit torque from one side of the axle shafts (the power side) to another (the driven side). This helps keep these components in alignment when there is slack created by uneven suspension travel or body roll during cornering maneuvers.
While Idler Pulleys are used in a variety of industries, the Aftermarket industry is one of their most common uses. Idler pulley shafts attach to idler bearings and have teeth on either side that engage with the belt. The width of these belts depends on the size of the pulley's diameter. During operation, an electric motor turns a drive wheel which causes an axle to turn around its axis. This motion then spins both driveshaft arm ends at constant speeds while allowing them to move closer or farther from each other by turning Cardan joints (universal joint).
On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. The European market is the leading market due to high demand from OEM. The U.S is expected to be the largest aftermarket in North America followed by Canada and Mexico respectively.
The Asia Pacific region will witness an exponential growth rate owing to the increasing industrialization in developing countries like India, China, and Vietnam as well as the growing importance of the automotive industry which accounts for a significant share of vehicle production globally.
The global idler pulley market is the fastest-growing segment in the global automotive industry, owing to its increasing demand and growth prospects. The rising freight rates are also supporting this expansion of the market. With an increase in production capacity for vehicles over time, there has been a significant surge in vehicular traffic as well as longer distances between work locations and residences due to layoffs or transfers among other reasons. This is leading to increased wear and tear on vehicle parts such as tires, brakes, etc., which would result in more business for suppliers of components like idlers pulleys across all regions except North America where it will see a slump during 2021 - 2028.
Up Market Research published a new report titled “Idler Pulley Market research report which is segmented by Types (Steel, Cast iron, Glass filled polymer), By Applications (OEM, Aftermarket), By Players/Companies Dayco Products, SKF AB, The Gates Corporation, Capitol Stampings, Superior Industries, The Timken Corporation, Parcan Group, Clutch Bearings Industries, Jiuh Men Industry, Precision, Schaeffler Technologies, Standard Motor Products”.
|Report Attributes||Report Details|
|Report Title||Idler Pulley Market Research Report|
|By Type||Steel, Cast iron, Glass filled polymer|
|By Application||OEM, Aftermarket|
|By Companies||Dayco Products, SKF AB, The Gates Corporation, Capitol Stampings, Superior Industries, The Timken Corporation, Parcan Group, Clutch Bearings Industries, Jiuh Men Industry, Precision, Schaeffler Technologies, Standard Motor Products|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||224|
|Number of Tables & Figures||157|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Steel, Cast iron, Glass filled polymer and By Application OEM, Aftermarket.
Some of the companies that are profiled in this report are:
Idler Pulley Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Idler Pulley Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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