Automotive Belts and Hoses Market to Grow with a CAGR of 6.40% through 2030
Rising vehicle production,
increasing demand for fuel-efficient systems, and advancements in material
technology are the factors driving the market in the forecast period 2026-2030.
According to TechSci Research report, “Automotive Belts and
Hoses Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
2020-2030F”, The Global Automotive Belts and Hoses Market was valued at
USD 13.34 Billion in 2024 and is expected to reach USD 19.36 Billion by 2030
with a CAGR of 6.40% during the forecast period. The global automotive belts
and hoses market is expanding as vehicle complexity and performance demands
continue to rise. The increasing integration of electronic and auxiliary
systems in modern vehicles is driving the need for durable and high-quality belts
and hoses that can support advanced powertrain and cooling functions. The
widespread adoption of forced induction technologies, such as turbochargers and
superchargers, has increased the demand for high-pressure hoses capable of
handling greater thermal and mechanical stress. Automotive manufacturers are
also focusing on reducing friction losses in belt-driven systems to improve
overall fuel efficiency, leading to innovations in belt design, such as
low-noise and low-stretch materials.
Advancements in material science are significantly influencing the
development of next-generation automotive belts and hoses. The use of
reinforced elastomers, synthetic rubber compounds, and high-performance
thermoplastics is improving durability, reducing weight, and enhancing
resistance to environmental degradation. Smart belt technologies equipped with
wear sensors are emerging as a notable trend, allowing predictive maintenance
and reducing unexpected failures. The automotive aftermarket is also playing a
key role in market expansion, as vehicle owners prioritize cost-effective
replacement parts that ensure long-term vehicle performance. With rising global
vehicle ownership and increasing consumer awareness about regular maintenance,
the demand for high-quality aftermarket belts and hoses is expected to remain
strong in the coming years.
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in-depth TOC on "Automotive Belts and Hoses Market"
Automotive
Belts and Hoses Market Is Segmented by Vehicle Type, Belt Type, Hose Type, and
By Region.
Based on vehicle type, The
passenger car segment is the fastest-growing category in the global automotive
belts and hoses market in 2024, driven by rising vehicle ownership, increasing
demand for fuel-efficient components, and advancements in powertrain
technologies. Modern passenger cars rely on high-performance belts and hoses
for critical functions such as power transmission, engine cooling, air
conditioning, and fluid management. The growing popularity of turbocharged
engines, hybrid powertrains, and advanced auxiliary systems is fueling the need
for durable and high-quality components that can withstand extreme operating
conditions. Consumer preference for longer-lasting and low-maintenance vehicles
is pushing manufacturers to develop belts and hoses with enhanced wear resistance,
heat tolerance, and flexibility. The surge in global vehicle production and the
rising disposable income of consumers are also contributing to increased
demand, as more people opt for technologically advanced passenger cars equipped
with high-performance belt and hose systems.
Based on region, North
America is the fastest-growing region in the automotive belts and hoses market
in 2024, supported by increasing vehicle sales, a strong aftermarket industry,
and stringent regulatory standards for vehicle efficiency and emissions. The
region’s automotive sector is witnessing a shift toward more sophisticated
engine designs that require high-quality belts and hoses for effective power
transmission and fluid management. The presence of a well-established service
and maintenance infrastructure is further driving demand, as vehicle owners
prioritize high-performance replacement components to maintain efficiency and
longevity. Advancements in material technology, such as reinforced rubber and
thermoplastic elastomers, are allowing manufacturers to produce more durable
and lightweight products tailored to North American driving conditions. The
region’s emphasis on fuel efficiency and emission reduction is pushing
automakers to adopt advanced belt and hose solutions that minimize energy loss
while improving engine performance.
Major Market
Players Operating in Global Automotive Belts and Hoses Market Are:
- Sumitomo Riko Co. Ltd
- ACDelco (General Motors)
- Toyoda Gosei Co. Ltd
- Continental AG
- Goodyear Tire & Rubber Co.
- Dayco IP Holdings LLC
- Yokohama Rubber Co., Ltd.
- Schaeffler
AG
- Nichirin
Co., Ltd.
- Hutchinson SA
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The global automotive belts and
hoses market is experiencing significant expansion as vehicle manufacturers
focus on enhancing performance, durability, and efficiency in modern
powertrains. The increasing integration of advanced engine technologies,
turbocharging systems, and auxiliary components has amplified the demand for
high-quality belts and hoses capable of withstanding extreme temperatures,
pressure variations, and prolonged operational stress. Advancements in material
science, such as reinforced elastomers and high-performance thermoplastics, are
improving durability while reducing weight, contributing to better fuel
efficiency and lower emissions. As automakers emphasize reliability, heat
resistance, and optimal power transmission, the need for next-generation belts
and hoses designed for high-performance applications continues to grow,
according to, according to Mr. Karan Chechi, Research Director of TechSci
Research, a global research-based management consulting firm.
“Automotive Belts and Hoses Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Vehicle Type (Passenger Cars, Commercial Vehicle), Belt Type (Drive Belts, Timing Belts), By Hose Type (Fuel Delivery System Hoses, Braking System Hoses, Power Steering System Hoses, Heating and Cooling System Hoses, and Turbocharger Hoses), By Region, By Competition, 2020-2030F”,
assesses the market's future growth potential and provides data on market size,
trends, and forecasts. It aims to offer comprehensive market insights, helping
decision-makers make informed investment choices. The report also highlights
emerging trends, key drivers, challenges, and opportunities in the Global Automotive
Belts and Hoses Market.
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