NEW YORK, June 11, 2021 /PRNewswire/ — The industrial synchronous belt drives market is expected to grow by USD 518.13 million during 2021-2025, according to the new report from Technavio. The report projects the market to accelerate at a CAGR of over 4%.
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Read the 120-page report with TOC on “Industrial Synchronous Belt Drives Market Analysis Report by End-user (Material handling, Industrial machinery, Agriculture, Mining and mineral, and Others) and Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts,2021-2025”. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.
More Details: https://www.technavio.com/report/report/industrial-synchronous-belt-drives-market-industry-analysis
The industrial synchronous belt drives market is driven by the large volume demand from the aftermarket. In addition, the increase in demand for custom-made industrial synchronous belt drives is anticipated to boost the growth of the Industrial Synchronous Belt Drives Market.
Industrial synchronous belt drives have the ability to transmit high torque without slipping. Factors such as inadequate tension, mishandling of the belt, and the inappropriate use of