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Automatic Conveyor Market Statistical Analysis, 2020-2027 | Business Outlook, Key Drivers & Future Growth Opportunity

02-18-2021 09:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Automatic conveyor constitutes technology driven automated conveyor systems and belts that require minimum or no supervision for their operations. Further, they also provide assistance in automated distribution of logistics and materials in airports, manufacturing industries, and closed loop supply chain system.

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The factors that drive the growth of the automatic conveyor market include increase in adoption of industrial automation solution and rise in demand lowering the cost of operation. Further, the availability of lean manufacturing system through automatic conveyor is also expected to fuel the adoption of the market in the coming years. However, the high cost of initial investment of the automatic conveyor market is anticipated to hinder the growth of the market during the forecast period.

Key Segments

The global automatic conveyor market is segmented on the basis of by conveyor type, end-user industry, and geography. By conveyor type, the market is divided into belt conveyor, vibrating conveyor, pneumatic conveyor, horizontal motion conveyor, screw conveyors, and others. Based on end-user industry, the market is classified into retail, automotive, food & beverage, airport, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Players

Key players profiled in the report include Siemens AG, Daifuku Co., Ltd., Bosch Rexroth, Murata Machinery Ltd., Swisslog Holding AG, SSI Schaferfer AG, Dematic Group S.A.R.L., JBT Corporation, Bastain Solutions, Inc., and Key Technology.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global automatic conveyor market and current & future trends to elucidate the imminent investment pockets.

Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.

Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.

The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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