Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Type (Crank Pulley, Accessory Pulley), By Application (Passenger Cars, Commercial Vehicles) And Competitive Landscape
Product Code: ETC399710 | Publication Date: Feb 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Latin America Automotive Engine Pulley Market is likely to grow faster over the forecast period owing to the rising production of vehicles and the requirement to reduce weight and enhanced fuel efficiency in vehicles.
According to 6Wresearch, the Latin America Automotive Engine Pulley Market size is anticipated to grow at a higher growth rate during 2023-2029. An engine pulley is a part or component in a vehicle's engine which aids to transfer power from the engine to other parts of the vehicle. This component is typically made of cast iron, composite materials, or aluminum, and it comes in many shapes and sizes in order to accommodate different engine configurations. These components are used to drive accessories like the alternator, air conditioning compressor, and water pump.
The demand for these components in the automotive market is driven by the rising production of vehicles, and the requirement to reduce weight and enhance fuel efficiency in vehicles. The use of lightweight materials in these components, such as composite materials and aluminium can aid reducing the overall weight of the vehicle, that can result in enhanced fuel efficiency as well performance. The sector in the region is estimated to grow over the forecast period as engine pulley is an essential part of vehicles.
Currently, there has been a rising trend towards the use of lighter weight materials in such components, like aluminum as well as composite materials, to reduce the weight of vehicles and to enhance fuel efficiency. This trend in the market has been driven by the rising demand for fuel-efficient vehicles, and strict emissions regulations. Another essential trend that has been affecting the Latin America Automotive Engine Pulley Market share is the growing demand for high-performance as well as specialized engine pulleys, like those used in high-performance sports cars as well as racing vehicles.
Report Name | Latin America Automotive Engine Pulley Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Market Size Value | XXXX |
Revenue Forecast | XXXX |
Growth Rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Country, By Type, By Application |
Countries Covered | Brazil, Mexico, Argentina, Rest of Latin America |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
The automotive industry not just in Latin America but across the world was one of the most negatively affected industries by the pandemic. The demand for vehicles decreased owing to the enforcement of lockdowns in Latin American countries. As people were maintaining social distancing and staying in their homes, there was no need for vehicles, and people who wanted to buy vehicles canceled or postponed their plans as everyone was focused on meeting their most basic needs which included food products and healthcare services or products if they needed any.
Based on countries, the Latin America Automotive Engine Pulley Industry is fragmented into Brazil, Mexico, Argentina, and the Rest Of Latin America. The demand for automotive engine pulley is growing in all countries in the region.
Based on type, the Automotive Engine Pulley Market in Latin America is fragmented into Crank Pulley and Accessory Pulley. Both these types of segments are growing in the sector and will continue to grow in the future.
Based on application, the sector is fragmented into Passenger Cars and Commercial Vehicles. The passenger cars application segment is projected to account for the largest share in the market owing to the rising demand for pulleys that are of high quality with advanced load-carrying potential.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Automotive Engine Pulley Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Automotive Engine Pulley Market Revenues & Volume, 2022 & 2029F |
3.3 Latin America Automotive Engine Pulley Market - Industry Life Cycle |
3.4 Latin America Automotive Engine Pulley Market - Porter's Five Forces |
3.5 Latin America Automotive Engine Pulley Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Latin America Automotive Engine Pulley Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.7 Latin America Automotive Engine Pulley Market Revenues & Volume Share, By Application, 2022 & 2029F |
4 Latin America Automotive Engine Pulley Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Automotive Engine Pulley Market Trends |
6 Latin America Automotive Engine Pulley Market, 2019 - 2029 |
6.1 Latin America Automotive Engine Pulley Market, Revenues & Volume, By Type, 2019 - 2029 |
6.2 Latin America Automotive Engine Pulley Market, Revenues & Volume, By Application, 2019 - 2029 |
7 Brazil Automotive Engine Pulley Market, 2019 - 2029 |
7.1 Brazil Automotive Engine Pulley Market, Revenues & Volume, By Type, 2019 - 2029 |
7.2 Brazil Automotive Engine Pulley Market, Revenues & Volume, By Application, 2019 - 2029 |
8 Mexico Automotive Engine Pulley Market, 2019 - 2029 |
8.1 Mexico Automotive Engine Pulley Market, Revenues & Volume, By Type, 2019 - 2029 |
8.2 Mexico Automotive Engine Pulley Market, Revenues & Volume, By Application, 2019 - 2029 |
9 Argentina Automotive Engine Pulley Market, 2019 - 2029 |
9.1 Argentina Automotive Engine Pulley Market, Revenues & Volume, By Type, 2019 - 2029 |
9.2 Argentina Automotive Engine Pulley Market, Revenues & Volume, By Application, 2019 - 2029 |
10 Rest of Latin America Automotive Engine Pulley Market, 2019 - 2029 |
10.1 Rest of Latin America Automotive Engine Pulley Market, Revenues & Volume, By Type, 2019 - 2029 |
10.2 Rest of Latin America Automotive Engine Pulley Market, Revenues & Volume, By Application, 2019 - 2029 |
11 Latin America Automotive Engine Pulley Market Key Performance Indicators |
12 Latin America Automotive Engine Pulley Market - Opportunity Assessment |
12.1 Latin America Automotive Engine Pulley Market Opportunity Assessment, By Countries, 2022 & 2029F |
12.2 Latin America Automotive Engine Pulley Market Opportunity Assessment, By Type, 2022 & 2029F |
12.3 Latin America Automotive Engine Pulley Market Opportunity Assessment, By Application, 2022 & 2029F |
13 Latin America Automotive Engine Pulley Market - Competitive Landscape |
13.1 Latin America Automotive Engine Pulley Market Revenue Share, By Companies, 2022 |
13.2 Latin America Automotive Engine Pulley Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |