Conveyor Belt Market by Belt Type Heavy-Weight, Medium-Weight and Light-Weight, Type Crescent, Overhead, Pallet, Floor and Roller and End User Airport, Retail, Automotive, Food and Beverage, Industrial, Poultry and Dairy and Other End Users – Global Industry Analysis and Forecast To 2025
Industry Outlook
The conveyor belt is the medium of carrying of the system belt conveyor frequently abbreviated to as the belt conveyor. The system of belt conveyor is one of the numerous kinds of the conveyor systems. These systems comprise of at least two or more pulleys also alluded to as the drums, with an interminable loop of the conveying medium and the conveyor line which pivots around them. Either of the pulleys are controlled, moving the material on the belt forward. The operating pulley is known as the drive pulley whereas the un-operated pulley is known as the idler pulley. Therefore, the Conveyor Belt Market is anticipated to expand and has tremendous scope during the forecast period. The global Conveyor Belt Market anticipated to flourish in the future by growing at a significantly higher CAGR.
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Drivers and Restrains
Based on Belt Type the market is segmented into Heavy-Weight, Medium-Weight and Light-Weight. The Medium-Weight section is leading the market owing to ability of handling heavy and rough material, rising demand for these belts, etc.
Based on Type the market is segmented into Crescent, Overhead, Pallet, Floor and Roller. The Pallet section is leading the market due to rising demand from retail sector.
Based on End User the market is segmented into Airport, Retail, Automotive, Food and Beverage, Industrial, Poultry and Dairy and Other End Users. The Retail section is leading the market owing to rising demand from various distribution centres, warehouses and supermarkets. The Food and Beverage section is seen as the profitable section in the forecasted time span due to rising demand from various industries falling under this sector.
Regional Insights
The Asia Pacific region is leading the Global Conveyor Belt Market owing to increasing investment in the industrial sector in the major developing countries India and China. While the North American region is the second leading market.
Conveyor Belt Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
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India
Southeast Asia
Rest of Asia-Pacific [Click the below link for more info]
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Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Swisslog
Siemens AG
Interroll Holding GmbH
Taikisha Ltd.
TGW Logistics Group
Emerson Electric Co.
Fives
Vanderlande Industries B.V.
Intelligrated
Daifuku Co. Ltd.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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