Farmington, March 29, 2023 (GLOBE NEWSWIRE) -- The Global Hydraulic Belt Tensioner Market Size Is Projected To Grow At A CAGR Of 4.5% During The Forecast Period From 2022-2030. Hydraulic systems are typically utilized in applications with high loads or angular vibrations where mechanically automated tensioners cannot provide sufficient attenuation or tensioner movement. Typically, hydraulic tensioner components necessitate additional engine space. A tensioning wheel and a hydraulic actuator constitute the hydraulic tensioner system. A distinct or integrated lever transfers the movement of the piston rod in the actuator to the tension wheel.
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A hydraulic actuator operates similarly to a shock absorber, and the combination of spring and oil damping functions maintains the wheel in contact with the road surface. Mechanical tensioners have a narrower spectrum of belt lengths compared to hydraulic tensioners. The global market for hydraulic belt tensioners is ripe for expansion as a result of rising automobile sales and production.
Hydraulic Belt Tensioner 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-compressors to meet growing demand.
- In January 2022, Gates Industrial Corporation, a global manufacturer of power transmission and fluid power 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 feature 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 bearing and seal supplier, 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 supplier of automotive and industrial solutions, announced the launch of a new hydraulic belt tensioner for heavy-duty diesel engines. Tensioners feature 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:
OEM integration into vehicles is a significant factor propelling production of cockpit modules. Increasing vehicle sales contributed directly to the market for hydraulic tensioners. Because of the actuator's stroke length and lever design, hydraulic tensioners can operate over a wider spectrum of dynamic belt lengths than mechanical tensioners.
After a period of time, the seal may fail, oil may escape, and any type of contamination may occur. An actuator with even the slightest leak can result in improper damping. Moreover, due to the incessant movement of system components, components degrade over time. High risks of component failure and catastrophic engine damage exist if the system is not maintained and components are not replaced at regular maintenance intervals.
Regional Outlook:
Few of the world's largest original equipment manufacturers are located in Europe, with countries such as Germany, Italy, the United Kingdom, 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 market for hydraulic belt tensioners is anticipated to experience high year-over-year development due to the rising sales of passenger vehicles.
North America is also a mature automotive market, with the United States accounting for the largest proportion, and Latin America is anticipated to expand, with many OEMs establishing manufacturing facilities in countries such as Mexico and Brazil. The Middle East and Africa exhibit a sluggish growth pattern in the market for automotive hydraulic belt tensioners.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | 4.5% from 2023 to 2030 |
| By Type |
|
| By Applications |
|
| By Companies | Gates, Dayco, Toyota, Aisin, Schaeffler, and Others |
| Base Year | 2022 |
| Historical Year | 2017 to 2021 |
| Forecast Year | 2023 to 2030 |
Hydraulic Belt Tensioner Market Key Segments Covered:
Top 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
- Other
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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