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.
The Conveyor Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Conveyor industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Conveyor by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Conveyor market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Conveyor market for 2015-2027.
Key Companies
ATS
Daifuku
Bosch Rexroth
Beckhoff
Destaco
Dürr
Fives Group
RichardsWilcox
Dorner
SFI
SSI
Idealline
Motion Index Drives
Allied Conveyor Systems
PACLINE
Conveyor Market by Type
Power & Free Conveyors
Programmable Conveyors
Precision Indexing Conveyors
Conveyor Market by Application
Electronic Industry
Automobile Industry
Consumer Goods
Conveyor Market by Region
United States
Europe
China
Japan
Other Regions
Conveyor Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
At the same time, we classify Conveyor according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Conveyor market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Conveyor market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Conveyor market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Conveyor market for the forecast period 2021 - 2027?
• What are the driving forces in the Conveyor market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Conveyor industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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