Conveyor Systems Market in Europe is Expected to rise at a CAGR of 2.57% over Forecast period 2015-2019

Albany, NY, Dec 14: A conveyor system is a highly advanced mechanical material handling equipment that aids in the handling, storage, and distribution of raw materials, loose components, and semi-assemblies between a manufacturing capacity's workstations. It allows rapid and efficient transportation with increased degree of safety. It is also advantageous in the fact that it can move a variety of loads and can be installed almost anywhere, leading to proper capacity utilization. It runs either based on hydraulic, mechanical, or automated systems.

The Conveyor Systems market in Europe will grow at a CAGR of 2.57 percent over the period 2014-2019. Based on the type, the Conveyor Systems market in Europe can be divided into three segments: Unit Handling Systems, Bulk Handling Systems, and Conveyor Components. The Retail, F&B, and Aviation sectors are the major end-users in the market. On the basis of the product, it can be segmented into five categories: Roller Conveyors, Belt Conveyors, Overhead Conveyors, Pallet Conveyors, and Other Conveyors.

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TechNavio's report, the Conveyor Systems Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the entire European continent; it also covers the market landscape in Europe and its growth prospects in the coming years. It also includes a discussion of the key vendors operating in this market.

Key Vendors
- Dematic Group
- Siemens
- SSI Schaefer
- Swisslog Holding

Other Prominent Vendors
- Caterpillar
- Daifuku
- Dorner Conveyors
- Eisenmann
- Emerson Electric
- Fives Group
- Flexlink
- Interroll
- Mahindra Conveyor Systems
- Murata Machinery
- Redler
- RUD
- Shuttleworth
- Taikisha
- Vanderlande

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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