Modular Belt Drive Market is Anticipated to Expand at a Healthy CAGR of 5.5% by 2025

Global industry analysis

The Modular Belt Drive Market is expected to witness significant growth over the coming years. According to a recent report by Persistence Market Research, the Modular Belt Drive Market size is projected to grow at a Compound Annual Growth Rate (CAGR) of around 5.5% by 2025.

A belt is a common loop strip that connects two or more mechanically rotating shafts. It is used in many industries including food, beverage and pharmaceutical industries. Friction was the main operating principle of belts. The movement required to transmit power and track relative motion is provided by a belt drive. Belts, known as modular power transmission belts, consist of interconnected segments. They require little maintenance and can be easily replaced. Compared to flat belts, modular belts are chosen because they have a higher load capacity.

Easy to clean and sterilize, modular belts are widely used and perfect for the food and beverage industry. It consists of a collection of plastic modules connected by side bars. It is easier for users to move and clean things effectively. A modular belt drive is a mechanism that drives a belt and is used to move objects from one location to another.

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Global Modular Belt Drives: Market Dynamics

The global modular belt drive market is primarily driven by modular belt manufacturers. These companies favor the entire modular belt drive market due to their wide range of industrial applications in the food, beverage, pharmaceutical and logistics industries. Belt drives are easy to use, inexpensive, and do not require parallel shafts. It is easier for users to prevent jamming or overloading of product on the conveyor. Modular belt drives help increase plant efficiency and reduce manufacturing costs due to plant downtime.

All these factors are driving the global modular belt drive market and as a result propelling the global modular belt drive market over the forecast period. In addition, the maintenance cost of the belt drive is low, making it economical. Because they are highly efficient and easy to clean and disinfect, they are in high demand in the food, beverage and pharmaceutical industries.

Legal regulations and guidelines for hygiene and cleanliness of equipment used in the food, pharmaceutical and beverage industries are driving market demand for modular belt drives. Hence, it is expected to gain momentum and reach a significant CAGR during the forecast period 2017-2027.

However, the angular velocity cannot be kept constant due to stretching and slipping of the belt. The operating temperature of the belt drive must be constant, limiting the temperature parameters of the process. Only minor technical adjustments are required to the pulleys and other belt components to deploy and stretch the modular belt. These factors are impacting the global modular belt drive market during the forecast period.

Global Modular Belt Drives: Segmentation

According to unit type
• Light drives
• Medium drives
• Large drive

Based on unit location
• Front End
• Center
• Rear End
• Below
• Side

Depending on the type of modular belt
• Straight belt
• Radius
• Spiral

Depending on the size of the modular belt drive
• Micro-pitch
• Nominal pitch

Based on modular belt drive design
• Closed hinge design
• Open hinge design
• Dynamic open hinge design

Based on the material used for modular belts
• Polypropylene
• Polyethylene
• Poly-oxy-methylene (Acetal)
• Polyamide (Nylon)

End-use industry base
• Food processing
o meat,
o poultry,
o seafood,
o fruit,
o vegetable,
o snack,
o bakery
• Beverages
o soft drink,
o beer,
o Water
• Can making
• Automobile/tire manufacturing
• Packaging

Global Modular Belt Drive Segment Overview

Depending on the type of belt drive, lightweight belt drives are used in agricultural machinery and small machine tools. The average belt drive is on machine tools. Large belt drives are used in compressors, generators and heavy equipment. The market is segmented into front, rear, center, bottom, and side by location of units used.

This is where the drive is installed to ensure correct movement of the modular belt depending on the product, weight and configuration. Based on the type of modular belts, the overall modular belts market is classified into three categories: straight belts, radial belts and spiral belts. The material used for modular belts is polypropylene, which is resistant to many chemicals. It is a robust material that can be used in temperature-sensitive processes.

Modular belt manufacturers also prefer polyethylene, polyoxymethylene (acetal) and polyamide (nylon). The global modular belt drive market is segmented into food and beverage based on end-use industry. In the food industry, these modular belt drives are used in food processing of meat, beef, seafood, fruits, vegetables, baked goods, confectionery and packaged foods.

It is also used in the pharmaceutical industry to package and transport medicines, medicines and other related products within factories. Based on modular belt drive size, the market is segmented into micro pitch and nominal pitch. Depends on product type.

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Global Modular Belt Drives - Regional Overview

Geographically, the global modular belt drive market is segmented into seven regions including North America, Middle East & Africa, Latin America, Asia Pacific, Eastern Europe, Western Europe and Japan. The global modular belt drive market is expected to witness a significant CAGR during the forecast period 2017-2027. North America and Europe are major players in the global modular belt drive market owing to their industrial applications.

North America and Europe are expected to dominate the modular belt drive market. Asia Pacific is a potential market and is expected to hold a significant market share in the global modular belt drive market during the forecast period. Increased investment in the food and pharmaceutical industry in Asia Pacific, resulting in awareness of technological advances and their importance, and rapid development of industry and infrastructure are the factors driving demand and growth. The global market for modular belt drives is responsible during the forecast period.

Global Modular Belt Drives Market Players

Major players in the global modular belt drive market include Martin Sprocket & Gear Inc., Central Conveyor Limited, Scan belt A/S, Habasit Ag (Habasit Group), Bode Belting GmBh, Abb Automation Products GmBh, Dunlop Btl Ltd.

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This release was published on openPR.