The conveyor belt market is poised to grow by USD 1.29 bn during 2021-2025, progressing at a CAGR of 3.72%
This study identifies the rising aging population as one of the prime reasons driving the conveyor belt market growth during the next few years. The market is driven by increasing demand for automation in material handling and increasing need for cost-reduction.
The report on the conveyor belt market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The conveyor belt market analysis includes the type segment and geographic landscape.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading conveyor belt market vendors that include Bando Chemical Industries Ltd., BEHA Innovation GmbH, Bridgestone Corp., Continental AG, Daifuku Co. Ltd., FIVES Group, Hytrol Conveyor Co., Intralox, Michelin Group, and The Yokohama Rubber Co. Ltd.
Also, the conveyor belt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Type
Comparison by Type
Medium-weight - Market size and forecast 2020-2025
Light-weight - Market size and forecast 2020-2025
Heavy-weight - Market size and forecast 2020-2025
Market opportunity by Type
APAC - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity By Geographical Landscape
Market positioning of vendors
Bando Chemical Industries Ltd.
BEHA Innovation GmbH
Daifuku Co. Ltd.
Hytrol Conveyor Co.
The Yokohama Rubber Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/66iwfa
View source version on businesswire.com: https://www.businesswire.com/news/home/20211028005914/en/
Laura Wood, Senior Press Manager
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