The global Conveyor market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform. The report further highlights the market drivers, restraints and the top manufacturers at the global and regional levels. For a thorough understanding, the report also offers market segmentation and regional analysis for the forecast period from 2020 to 2025.
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.