A conveyor is a common piece of mechanical handling equipment that moves materials from one location to consumer goods. Conveyor allows quick and efficient transportation for a wide variety of materials, which make them very popular in the material handling and packaging industries. Many kinds of conveying are available, and are used according to the various needs of different industries.
The two largest operators account for about 23.13 % of total industry revenue in 2015. Key market players include ATS, Bosch Rexroth, Daifuku, Beckhoff, Destaco, Dürr, Fives Group, RichardsWilcox, Dorner, and SFI among others.
Power & Free Conveyors covered over 65 % of the market share in 2015, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 3.39% from 2016 to 2021.
Worldwide, Automobile Industry was the largest consumer of Conveyor, which is responsible for about 59.35 percent of Conveyor consumption in 2015. The remaining 40.65 percent was consumed for Electronic Industry and Consumer Goods etc.
According to this study, over the next five years the Conveyor market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 740 million by 2024, from US$ 610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Conveyor business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Conveyor market by product type, application, key manufacturers and key regions and countries.
This study considers the Conveyor value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Power & Free Conveyors
Programmable Conveyors
Precision Indexing Conveyors
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electronic Industry
Automobile Industry
Consumer Goods
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ATS
Daifuku
Bosch Rexroth
Beckhoff
Destaco
Dürr
Fives Group
RichardsWilcox
Dorner
SFI
SSI
Idealline
Motion Index Drives
Allied Conveyor Systems
PACLINE
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Conveyor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Conveyor market by identifying its various subsegments.
Focuses on the key global Conveyor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Conveyor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Conveyor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Conveyor . Industry analysis & Market Report on Conveyor is a syndicated market report, published as Global Conveyor Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Conveyor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.