Market Highlights:
The automotive pulley is designed to support the movement of power steering, air conditioning, and the alternator. It protects the car battery from draining. Automotive pulley market is growing owing to increasing government initiative for the safety standards with regard to automotive. Further, increasing production of the vehicle, increasing demand from the developing economies due to increasing disposable income, and technological development in the breaking system expected to drive the demand for automotive pulley market over the forecasted period. The market study is being classified by Type (Single Belt Groove Drive and Multiple Belt Grooves Drive), by Application (Passenger Vehicles and Commercial Vehicles) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Automotive Pulley are Bosch (Germany), Acdelco (United States), Skf (Sweden), Dayco (United States), Diemolding (United States), Engineered Sintered Components (United States), Zhejiang Linhai Dongxing Autoparts Co., Ltd. (China), Fujian Howard Spinning Technology Co., Ltd (China) and Wenzhou Nanya Automobile Accessories Co., Ltd (China).

The Distribution Channel, such as Online Retail, is boosting the Automotive Pulley market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

Major Market Development Highlights
In Sept 2020 - Strategic partnership: Bosch and SAP aim to simplify corporate processes with a new standard and In Nov 2020 - SKF has announced a consolidation and restructuring of various manufacturing, business, and administrative functions in France.
In May 2023, Dayco has a rich history in the global design and manufacture of propulsion products for automotive, heavy-duty and industrial markets. The offering has been expanded with the recent addition of the company's Alternator Decoupler Pulley (ADP). Dayco's premium alternator decouplers (also referred to in the industry as overrun alternator decouplers) will serve the world's leading alternator suppliers and ultimately vehicle manufacturers. To support this important business award, Dayco will begin production of high-performance ADPs at its state-of-the-art facility in China by mid-2024.

Key Questions Answered in the Report
What will the Automotive Pulley Market size and the growth rate be in Future?
What are the key factors driving the Automotive Pulley Market?
What are the key market trends and macro-economic impacting the growth of the Automotive Pulley Market?
What are the challenges to market growth?
Who are the key vendors in the Automotive Pulley Market?
What are the market opportunities and threats faced by the vendors in the Automotive Pulley Market?
Trending factors influencing the market shares of the Vendors.
What are the key outcomes of the five forces analysis of the Automotive Pulley Market?

Refer complete Table of Content of Automotive Pulley Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automotive Pulley market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automotive Pulley market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Automotive pulleys Manufacturers, Automotive pulleys Distributors and Suppliers, Market Research and Consulting Firms, Potential Investors, Research Laboratories, Government Agencies and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.