Conveyor Market Is Presumed To Reach At 760 Million Usd By The End Of 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.

The global Conveyor market was 610 million US$ in 2018 and is expected to 760 million US$ by the end of 2025, growing at a CAGR of 3.0% between 2019 and 2025. This report studies the Conveyor market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Conveyor in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ATS

Daifuku

Bosch Rexroth

Beckhoff

Destaco

Dürr

Fives Group

RichardsWilcox

Dorner

SFI

SSI

Idealline

PACLINE

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By the product type, the market is primarily split into

Power & Free Conveyors

Programmable Conveyors

Precision Indexing Conveyors

By the end users/application, this report covers the following segments

Electronic Industry

Automobile Industry

Consumer Goods

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