Conveyor System Market by End User, Scope, Analysis and Forecasts to 2023

According to Publisher, the global Conveyor System market is expected to grow from $5.32 billion in 2016 to reach $10.59 billion by 2023 with a CAGR of 10.3%. Conveyor systems are mechanically-operated handling equipment used to transport materials within premises with a high degree of safety. This market is expected to experience significant growth over the forecast period due to rising need of cost-effective material handling systems, growing automation in industrial sector, improving technological advancements and growth in motor vehicle manufacturing due to assembly line methodology and mass production. However, high initial investments, maintenance and safety concerns are some of the restraints reflecting the market strength.

Depending on end user, airport segment is expected to acquire a significant share in the market due to increasing airports, growing terminal expansions and growth in passenger traffic. By geography, Asia Pacific region commanded a largest market share over the forecast period attributed to declining product loss, condensed human effort, increasing efficiency and enhancing socio-economic conditions in emerging economies such as China and India.

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Some of the key players in global Conveyor System market include Siemens AG, Interroll Holding GmbH, Intelligrated, Fives Group, Emerson Electric Co., Dematic, Vanderlande Industries B.V., TGW Logistics Group, Taikisha Ltd., Swisslog, SSI Schäfer, Daifuku Co. Ltd., Dorner Conveyors and Allied Conveyor Systems.

End Users Covered:
-Retail
-Cross-Docking
-Distribution and Warehousing
-Sorting
-Airport
-Baggage Handling
-Others
-Food and beverages
-Dairy
-Meat & Poultry
-Others
-Automotive
-Paint shop
-Body shop
-Assembly line
-Others
-Mail logistics

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Conveyors Covered:
-Tri-Planar
-Pallet Conveyors
-Roller Conveyors
-Crescent Conveyors
-Overhead Conveyors
-Belt Conveyors
-Floor Conveyors
-Other Conveyors

Products Covered:
-Unit Handling Systems
-Bulk handling systems
-Conveyor Components

Material Conveyer Type:
-Plastic
-Metal Reinforced Rubber
-Fabric Reinforced Rubber

Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-UK
-Italy
-France
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-Rest of Asia Pacific
-South America
-Argentina
-Brazil
-Chile
-Rest of South America
-Middle East & Africa
-Saudi Arabia
-UAE
-Qatar
-South Africa
-Rest of Middle East & Africa

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