Conveyor Belt Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC664

Introduction

Conveyor belts are employed to carry goods and are basically used in manufacturing, and mining industries. It comprises two or more pulleys and a belt rotating on them. The pulleys are connected to the motor which helps in rotating the pulleys and eventually the belt. The material to be shifted is placed on the belt and moved to the other end of the belt. The growth in infrastructure activities, for instance, construction of malls is among the major factors driving the growth of conveyor belt market. The rising demand for steel cord conveyor belts is one of the key trends in this industry and is expected to gain huge importance in coming years. Also, the need for conveyer belts changes depending on application to application and industry to industry. For instance, coal-mining industry requires high-performance conveyor belt systems like steel cord conveyor to carry heavy loads.

Market Dynamics

The fast increasing demand for automation in material handling is one of the major drivers for this market. The increasing need for proficient handling of bulky materials and raw materials further contributes to the rising need for automation in material handling application. The expansion of industries with several manufacturing facilities such as automotive, retail, and healthcare industries is also demanding the need for automation and conveyor belts in order to facilitate the transportation of large materials.

Market Classification
 
The market for conveyor belt is segmented based on product type, application, and geography. Geographically, this market can be segmented in five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. On the basis product type, the market is divided into rubber, PVC, PE, TPU, AND TPEE. Based on application, the global conveyor belt market is segmented into mining, steel, cement, power industry and automated assembly line.
 

Report Coverage

Market

Conveyor Belt Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product Type, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Some of the major players in the global conveyor belt market include Siemens AG, Emerson Electric Co, Daifuku Co. Ltd, Vanderlande Industries B.V., and Fives Intralogistics among others.

Market Segmentation

Market By Product Type

  • Construction
  • Rubber Conveyor Belt
  • PVC Conveyor Belt
  • PE Conveyor Belt
  • TPU Conveyor Belt
  • TPEE Conveyor Belt

Market By Application

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

 

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