Conveyor Belt Market Size to Grow by USD 2.82 billion with 50% of the contribution from APAC - Technavio

NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The latest market analysis report titled Conveyor Belt Market by Type and Geography - Forecast and Analysis 2022-2026 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 5.18%. The analysts have categorized the global conveyor belt market as a part of the global industrial machinery market. Our report provides extensive information on the value chain analysis for the conveyor belt market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period. One of the key factors driving the global conveyor belt market growth is the increasing demand for automation in material handling due to the rising need for handling materials, especially bulky materials, as they vary in texture and size. In addition, the increasing demand for steel cord conveyor belts is one of the key conveyor belt market trends that is expected to impact the industry positively in the forecast period. However, one of the key challenges to the global conveyor belt market growth is the storage and handling challenges of conveyor belts.

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Conveyor Belt Market Segmentation Highlights

• Type
• Unit Handling: The conveyor belt market share growth in the unit handling segment will be significant during the forecast period. Pallets, packages, and other discrete items, such as cartons and totes, are handled separately in the unit handling conveyor system. The e-commerce business is mainly based on both the business-to-business (B2B) and business-to-consumer (B2C) models, which gives rise to the need for more complex distribution systems than traditional logistics workflows. This is expected to increase the demand for unit handling conveyor belt systems in warehousing and distribution space, as such conveyor belt systems are widely used for handling goods as a single unit.  
• Bulk Handling
• Geography
• APAC: 50% of the market's growth will originate from APAC during the forecast period. Japan and China are the key markets for conveyor belts in APAC. Market growth in this region will be faster than the growth of the market in other regions. The significant increase in the industrial demand for conveyor belts in several countries will facilitate the conveyor belt market growth in APAC over the forecast period. 
• North America
• Europe
• South America
• Middle East And Africa

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Conveyor Belt Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our conveyor belt market report covers the following areas:

• Conveyor Belt Market size
• Conveyor Belt Market trends
• Conveyor Belt Market industry analysis

Conveyor Belt Market Vendor Analysis

The conveyor belt market is fragmented and the vendors are deploying growth strategies such as investment in R&D to compete in the market. This statistical study of the conveyor belt market encompasses successful business strategies deployed by the key vendors.  To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The conveyor belt market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Backed with competitive intelligence and benchmarking, our research reports on the conveyor belt market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

We provide a detailed analysis of around 25 vendors operating in the Conveyor Belt Market, including some of the vendors.

• ACMI SPA: The company offers conveyor belt that includes conveyor belts and conveying systems, which is used in handling equipment to move goods, products, raw goods, and other materials from one location to another.
• Bastian Solutions LLC: The company offers material handling automation services and specializes in designing and developing supply chain software and technologies.
• FLSmidth AS: The company offers a conveyor belt that includes Digital Assort System and a surfing sorter.
• Heat and Control Inc.: The company offers conveyor belt that includes easy stream conveyors and paller conveying systems.
• Indpro Engineering Systems Pvt Ltd.: The company offers a conveyor belt that includes an overhead conveyor which is used to free up valuable floor space by moving to convey systems up above work areas.
• Beumer Group GmbH and Co. KG: 
• Carolina Material Handling Inc.
• Daifuku Co. Ltd.
• FIVES SAS
• Guoqi Machinery Co, Ltd.
• Hytrol Conveyor Co.
• Telschig GmbH
• VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co.
• YUH CHERN MFG CO, LTD.
• Apollo Group B.V.
• Conveyor Eng. and Mfg.
• Eriez Magnetics India Pvt Ltd
• ICONVEY and HONGSBELT
• TECHFLOW ENTERPRISES PVT LTD.
• VAC-U-MAX

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Conveyor Belt Market Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist conveyor belt market growth during the next five years
• Estimation of the conveyor belt market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the conveyor belt market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of conveyor belt market vendors

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Conveyor Systems Market in Europe by End-user, Type, and Geography - Forecast and Analysis 2020-2024

Table Of Contents :

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Unit handling - Market size and forecast 2021-2026
• Exhibit 28: Chart on Unit handling - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Unit handling - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Unit handling - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Unit handling - Year-over-year growth 2021-2026 (%)

• 5.4 Bulk handling - Market size and forecast 2021-2026
• Exhibit 32: Chart on Bulk handling - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Bulk handling - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Bulk handling - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Bulk handling - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type
• Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Japan - Market size and forecast 2021-2026
• Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 ACMI SPA
• Exhibit 89: ACMI SPA - Overview
• Exhibit 90: ACMI SPA - Product / Service
• Exhibit 91: ACMI SPA - Key offerings

• 10.4 Daifuku Co. Ltd.
• Exhibit 92: Daifuku Co. Ltd. - Overview
• Exhibit 93: Daifuku Co. Ltd. - Business segments
• Exhibit 94: Daifuku Co. Ltd. - Key news
• Exhibit 95: Daifuku Co. Ltd. - Key offerings
• Exhibit 96: Daifuku Co. Ltd. - Segment focus

• 10.5 FIVES SAS
• Exhibit 97: FIVES SAS - Overview
• Exhibit 98: FIVES SAS - Business segments
• Exhibit 99: FIVES SAS - Key offerings
• Exhibit 100: FIVES SAS - Segment focus

• 10.6 Guoqi Machinery Co, Ltd.
• Exhibit 101: Guoqi Machinery Co, Ltd. - Overview
• Exhibit 102: Guoqi Machinery Co, Ltd. - Product / Service
• Exhibit 103: Guoqi Machinery Co, Ltd. - Key offerings

• 10.7 Heat and Control Inc.
• Exhibit 104: Heat and Control Inc. - Overview
• Exhibit 105: Heat and Control Inc. - Product / Service
• Exhibit 106: Heat and Control Inc. - Key offerings

• 10.8 Hytrol Conveyor Co.
• Exhibit 107: Hytrol Conveyor Co. - Overview
• Exhibit 108: Hytrol Conveyor Co. - Product / Service
• Exhibit 109: Hytrol Conveyor Co. - Key news
• Exhibit 110: Hytrol Conveyor Co. - Key offerings

• 10.9 Indpro Engineering Systems Pvt Ltd.
• Exhibit 111: Indpro Engineering Systems Pvt Ltd. - Overview
• Exhibit 112: Indpro Engineering Systems Pvt Ltd. - Product / Service
• Exhibit 113: Indpro Engineering Systems Pvt Ltd. - Key offerings

• 10.10 Telschig GmbH
• Exhibit 114: Telschig GmbH - Overview
• Exhibit 115: Telschig GmbH - Product / Service
• Exhibit 116: Telschig GmbH - Key offerings

• 10.11 VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co.
• Exhibit 117: VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co. - Overview
• Exhibit 118: VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co. - Product / Service
• Exhibit 119: VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co. - Key offerings

• 10.12 YUH CHERN MFG CO, LTD.
• Exhibit 120: YUH CHERN MFG CO, LTD. - Overview
• Exhibit 121: YUH CHERN MFG CO, LTD. - Product / Service
• Exhibit 122: YUH CHERN MFG CO, LTD. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 125: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 11.5 List of abbreviations
• Exhibit 129: List of abbreviations

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