Farmington, March 29, 2023 (GLOBE NEWSWIRE) — The Global Hydraulic belt tensioners market The size is expected to grow at a CAGR of 4.5% during the forecast period 2022-2030. Hydraulic systems are typically used in applications with high loads or angular vibrations where mechanically automated turnbuckles cannot provide sufficient damping or turnbuckle movement. Hydraulic tensioner components typically require additional engine clearance. A tensioning wheel and a hydraulic actuator make up the hydraulic tensioning system. A separate or integrated lever transfers the movement of the piston rod to the actuator on the tension wheel.
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A hydraulic actuator works similarly to a shock absorber, and the combination of spring and oil damping functions keeps the wheel in contact with the road surface. Mechanical tensioners have a narrower spectrum of belt lengths compared to hydraulic tensioners. The global hydraulic belt tensioner market is ripe for expansion as a result of rising automobile sales and production.
Hydraulic belt tensioners market Recent developments:
- In October 2020, Sanden Holdings Corporation automates the assembly process on the motor-compressor production line at the Yajima plant and begins mass production of motor-compressor to meet growing demand.
- In January 2022, Gates Industrial Corporation, a global manufacturer of power transmission and fluid solutions, announced the release of a new G-Force XT hydraulic belt tensioner designed to deliver improved performance and durability in heavy-duty applications. The new tensioners have a robust design and advanced sealing technology and are intended for use in industries such as agriculture, construction and mining.
- In October 2021, SKF, a leading supplier of bearings and seals, announced the acquisition of PEER Bearing Company, a manufacturer of bearing solutions for various industries, including the hydraulic belt tensioner market. The acquisition is expected to expand SKF’s product portfolio and customer base, particularly in the North American market.
- In August 2021, Continental AG, a leading provider of automotive and industrial solutions, announced the launch of a new hydraulic belt tensioner for heavy-duty diesel engines. The tensioners have an innovative design that improves belt alignment and reduces vibration, providing a more efficient and reliable solution for industrial applications.
Hydraulic Belt Tensioner Market Dynamics:
The integration of OEMs into vehicles is a major factor driving the production of cabin modules. The increase in vehicle sales contributed directly to the hydraulic tensioner market. Because of the stroke length and actuator lever design, hydraulic tensioners can operate over a wider spectrum of dynamic belt lengths than mechanical tensioners.
After a period of time, the seal can fail, oil can escape, and all kinds of contamination can occur. An actuator with the slightest leak can cause inadequate damping. Also, due to the incessant movement of system components, components degrade over time. There is a high risk of component failure and catastrophic engine damage if the system is not maintained and components are not replaced at regular maintenance intervals.
Regional perspectives:
Few of the world’s largest OEMs are located in Europe, with countries such as Germany, Italy, the UK and Russia dominating the competition.
Due to their high disposable incomes, China, Japan and India are the fastest growing markets in the APAC region. The Hydraulic Belt Tensioner market is anticipated to experience great development year-on-year due to the increase in sales of passenger vehicles.
North America is also a mature automotive market, with the United States accounting for the largest share, and Latin America is expected to expand, with many OEMs establishing manufacturing facilities in countries such as Mexico and Brazil. The Middle East and Africa shows a slow growth pattern in the automotive hydraulic belt tensioner market.
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Scope of the report:
| Report attributes | Details |
| Growth index | 4.5% from 2023 to 2030 |
| By Type |
|
| By Applications |
|
| For Companies | Gates, Dayco, Toyota, Aisin, Schaeffler and others |
| base year | 2022 |
| Historical Year | 2017 to 2021 |
| Forecast year | 2023 to 2030 |
Key Hydraulic Belt Tensioner Market Segments Covered:
Major Market Players:
Gates, Dayco, Toyota, Aisin, Schaeffler and others.
By type:
- V8 engines
- V6 engines
- others
By application:
- Passenger vehicle
- Light commercial vehicle
- Heavy Commercial Vehicle
- others
Regions and countries covered
- North America: (USA, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, United Kingdom, Nordic countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- Middle East and Africa: (Saudi Arabia, United Arab Emirates, Egypt, South Africa, Rest of the Middle East and Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- The rest of the world
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