Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Conveyor
Belts Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Conveyor Belts Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Conveyor Belts Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Conveyor Belts Market is offered. In accordance with the
report, the global Conveyor Belts Market is projected to expand at a CAGR of 3.58%
over the period of forecast.
Market Insight, Drivers, Restraints
& Opportunity of the Market:
Conveyor belts are widely used in aviation industry to
transport luggage from the aircraft to the baggage claim section. Additionally,
conveyor belts are used to transport heavy and bulk materials in mining
machines running in tunnels over long distances. Increase in activities in
aviation and mining industry, globally is pushing the market for conveyor belts
to new heights.
One of the key factors driving the global Conveyor Belt
industry is the growing demand of the manufacturing, power, aviation &
mining industries. Also, an increase in infrastructural activities,
macroeconomic factors such as GDP growth due to increase in industrial
investment, self-cleaning properties in eco-friendly conveyor belts to improve
the operation cost is also expected to lead to increase in demand of the
Conveyor Belts market. Government bodies are constantly taking initiative and
funding in several sectors which will indirectly boost the global Conveyor belt
market. Repetitive breakdown of equipment and replacements of old conveyor
belts with new ones is fueling the demand of conveyor belts further. Conveyor
belts are usually made of plastic, due to which it has been non-corrosive and
non-rusting. Many industries are now adopting the use of conveyor belts, which
further reduces the manpower cost of manufacturer.
However, the maintenance and instalment cost of this
product is comparatively higher and also a strict rule for clean and safe
environment to install conveyor belts may hinder the global Conveyor belt
market in the forecast period. Lack of reliability due to constant glitches may
also be considered as key restraints for global Conveyor Belts market.
Increasing population, urbanization, rising investments
in various industries and constant development of infrastructure, especially in
the field of aviation industries in Asia – Pacific specially with countries
like India & China being the fastest growing economies, has made it one of
the key regions for the global conveyor belt market, followed by Europe.
Segment Covered:
This market intelligence
report on the global Conveyor Belts Market encompasses market segments based on
belt type, product type, end users and country/region.
In terms of belt type, the global Conveyor
Belts Market is segregated
into
§ Medium Weight conveyor belt
§ Light Weight conveyor belt
§ Heavy Weight Conveyor Belt
§ Flat Belts
§ Modular Belts
§ Cleated Belts
In terms of product type, the global Conveyor
Belts Market is segregated
into
§ Belt
§ Overhead
§ Tri-planar
§ Cable
§ Bucket
§ Floor
§ Roller
§ Pallet
§ Crescent
§ Others
By end users, the global Conveyor Belts Market is also classified into,
§ Metallurgy Industry
§ Chemical Industry
§ Automotive Industry
§ Aerospace Industry
§ Airports
§ Food & Beverages Industry
ü Meat & Poultry
ü Dairy
ü Others
§ Malls
§ Retail Industries
§ Steel – Making Industry
§ Oil & Gas Industry
§ Others
By country/region, the global Conveyor Belts Market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Siemens AG
§ Daifuku Co. Ltd
§ Emerson Electric Co.
§ Vanderlande Industries
§ Swisslog
§ TGW Logistics Group
§ Intelligrated
§ Interroll Holding GmBH
§ Fives
§ Bando Chemical Industries
§ Qingdao Rubber Six
§ Zhediang Double Arrow
§ The Good Year Tire & Rubber Company
§ Bridgestone Corporation
§ Taikisha Ltd.
§ Contitech AG
§ Intralox
§ Volta Bearing Technology Ltd.
§ Fenner and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Conveyor Belts related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the growth
of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Conveyor Belts Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account
2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Conveyor Belts
Market is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Siemens AG, Daifuku
Co Ltd, Emerson Electric Co, Vanderlande Industries, Swisslog, TGW Logistics
Group, Intelligrated, Interroll Holding GmBH, Fives, Bando Chemical Industries,
Qingdao Rubber Six, Zhejiang Double Arrow, The Good Year Tire & Rubber
Company, Bridgestone Corporation, Taikisha Ltd., Contitech A.G., Fenner,
Intralox, Volta Belting Technologies Ltd. among others.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Conveyor Belts
Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Conveyor Belts Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Conveyor Belts Market
v
Identification
of key factors driving investment opportunities in the Conveyor Belts Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants