Conveyor Belt Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, UK, Germany - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 164 SKU: IRTNTR44239

Conveyor Belt Market Forecast 2024-2028

The conveyor belt market size is forecast to increase by USD 1.32 billion, at a CAGR of 4.69% between 2023 and 2028. The market growth analysis depends on several factors such as the increasing demand for automation in material handling, the rising adoption of e-commerce and logistics, and the increasing need for cost reduction during manufacturing operation. Our report examines historic data from 2018-2022, besides analyzing the current and forecasts market scenario.

In addition to the growing demand for conveyor belts in various sectors across APAC due to rapid industrialization and urbanization, two prominent companies are contributing significantly to meet these needs. ACMI SpA: The company offers conveyor belt such as CAN conveyor belts with high efficiency motors and an automatic lubrication system that requires minimal maintenance. Daifuku Co. Ltd: The company offers conveyor belt baggage transport and sorting solutions that include versatile belt conveyors capable of handling baggage of virtually any shape and size.

Market Forecasting and Size

Market Forecast 2024-2028

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Market Dynamics

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Driver- Increasing demand for automation in material handling

Conveyor systems are essential for material handling in various industries such as automotive, F&B, and construction and automation technologies are enhancing their capabilities. Automated conveyor systems can feature sorting mechanisms, robotic arms for picking and placing items, sensors for monitoring product flow, and integrated control systems for seamless operation. Automated conveyor systems enable efficient and flexible material handling, streamlining production and distribution processes.

Moreover, automated conveyor systems are integral to modern warehouse operations, where they facilitate tasks such as sorting, picking, packing, and shipping. Conveyor belts enable efficient movement of goods within warehouses, maximizing storage density and minimizing labor requirements. Furthermore, as companies grow or adapt to changing market conditions, conveyor belts can be easily integrated into existing systems or extended to accommodate increased throughput or new process requirements. Thus, such factors may fuel the growth of the global conveyor belt market during the forecast period.

Trends- Increasing demand for IoT-enabled conveyor belt systems

IoT-enabled conveyor belts use predictive maintenance algorithms to anticipate equipment failures before they occur. By analyzing data collected from sensors and historical performance patterns, predictive maintenance systems can detect early signs of wear, misalignment, or other issues that may lead to breakdowns. This proactive approach to maintenance minimizes unplanned downtime, extends equipment lifespan, and reduces maintenance costs, making IoT-enabled conveyor belts an attractive investment for businesses.

Additionally, connected sensors and actuators continuously monitor conveyor operations and respond to safety hazards or abnormal conditions in real-time. These safety enhancements help prevent accidents, protect workers, and ensure compliance with industry regulations and safety standards, driving the adoption of IoT-enabled conveyor belts in safety-critical applications. Thus, the rising demand for IoT-enabled conveyor belts may boost the growth of the market during the forecast period.

Challenge- Maintenance and downtime issues associated with conveyor belts

Balancing maintenance needs with production demands while minimizing downtime poses a significant challenge for businesses operating conveyor belt systems. Frequent maintenance requirements and unplanned downtime can disrupt production schedules and decrease operational efficiency. Conveyor belt systems are critical components of material handling processes in various industries, and any interruptions in their operation can lead to delays, decreased throughput, and increased costs.

Furthermore, conveyor belt maintenance often involves complex procedures, specialized equipment, and skilled personnel. Implementing effective maintenance programs requires comprehensive training, adherence to safety protocols, and access to appropriate tools and resources. Businesses operating conveyor belt systems may struggle to manage maintenance complexities, leading to inefficiencies, errors, and increased downtime. Thus, maintenance and downtime issues associated with conveyor belts may lead to slow growth of the conveyor belt market during the forecast period.

Market Segmentation by End-user, Type, and Geography

End-user Segment Analysis:

The retail segment will account for a major share of the market's growth during the forecast period.?Conveyor belts are commonly used at checkout counters to transport items from the shopping cart to the cashier for scanning and bagging. Using conveyor belts speeds up the checkout process, reduces waiting times, and improves customer flow. In some retail clothing stores, conveyor systems are used to transport items customers do not want to purchase from the fitting rooms back to the appropriate sections of the store.

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The retail segment was valued at USD 1.59 billion in 2018. Conveyor belts streamline various processes within retail establishments, such as point-of-sale (POS) checkout and distribution centers. Further, with the growth of online shopping and e-commerce, conveyor belts are essential in distribution centers for sorting, organizing, and transporting packages. This supports quick and accurate order fulfillment, meeting the demands of online consumers. Hence, the demand for conveyor belts is rising in the retail sector, which is expected to boost market growth during the forecast period.

Type Segment Analysis:

Based on type, the market has been segmented into unit handling, and bulk handling. The unit handling?segment will account for the largest share of this segment.?The unit-handling conveyor belt system provides conveyor movement for different materials, which are arranged, handled, controlled, and monitored as a single unit. Unit-handling conveyor belts are extensively used in warehouses, distribution centers, and fulfillment facilities for order picking, sorting, packing, and shipping operations. The rapid expansion of e-commerce has driven the demand for unit-handling conveyor belts in fulfillment centers, distribution warehouses, and sorting facilities. Furthermore, as businesses strive to optimize material handling processes, streamline operations, and adapt to evolving market trends, the demand for innovative and reliable unit-handling conveyor solutions continues to grow, which will fuel market growth during the forecast period.

Regional Analysis

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APAC is estimated to contribute 50% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. APAC is rich in natural resources, including minerals, coal, and ores, which require conveyor belts for bulk material handling in mining and quarrying operations. The conveyor belt market in APAC is growing owing to increasing industrial demand in several countries. It is observed that the food and beverage and mining industry in India is a key component of the growth of the country.

Additionally, automotive companies, such as General Motors Co., are increasingly investing in countries such as Japan and India. Several new investments are also seen from other global manufacturers, such as Foxconn Technology Group, to set up a semiconductor chip manufacturing facility in India, which may require a conveyor belt system for material handling. In February 2022, the company formed a joint venture with Vedanta Ltd. to develop semiconductors in India. Such developments are expected to drive the regional market growth during the forecast period. 

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co.: The company offers conveyor belts such as Trash belt conveyor, Belt over roller conveyor, and Troughed bed belt conveyor under the brand Bastian Solutions LLC.

The market report also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

, Apollo Group B.V., Beumer Group GmbH and Co. KG, Carolina Material Handling Inc., Eriez Manufacturing Co., FIVES SAS, FLSmidth and Co. AS, Forbo Management SA, Habasit, Heat and Control Inc., Hytrol Conveyor Company Inc., ICONVEY, Indpro Engineering Systems Pvt Ltd., Shriram Beltings., Telschig GmbH, Toyota Industries Corp., Techflow Enterprises Pvt. Ltd., and Vac U Max 

Technavio market forecast is an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • End-user Outlook 
    • Retail
    • Food and beverage
    • Automotive
    • Others
  • Type Outlook 
    • Unit handling
    • Bulk handling
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America 
      • Chile 
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview:

The market is experiencing rapid growth, driven by the demand for efficient belt conveyor systems across diverse industries like aviation, food & beverages, and poultry & dairy. With the expansion of online retailers' warehouses and distribution facilities, conveyor belts play a crucial role in transporting commodities within the same area or building, ensuring hassle-free transportation and enhancing productivity while reducing manual labor.

Additionally, technological advancements in mechanical handling equipment and material handling systems have led to the development of novel and inventive belt materials that ensure optimal belt material quality and controlled product movement. The market is witnessing key trends towards automated production lines and efficient on-site maintenance, catering to diverse customer bases and installation types, including stationary installation and walking beams. With increasing demand driven by the food & beverage sector and trends like convenience food demand and take-out lifestyle, conveyor belts are becoming integral to enhancing productivity in food and beverage manufacturing facilities, reflecting the global market share continuous evolution to meet industry needs.

Conveyor Belt Market Scope

Report Coverage

Details

Page number

164

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.69%

Market Growth 2024-2028

USD 1.32 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.18

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 50%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ACMI SpA, Apollo Group B.V., Beumer Group GmbH and Co. KG, Carolina Material Handling Inc., Daifuku Co. Ltd, Eriez Manufacturing Co., FIVES SAS, FLSmidth and Co. AS, Forbo Management SA, Habasit, Heat and Control Inc., Hytrol Conveyor Company Inc., ICONVEY, Indpro Engineering Systems Pvt Ltd., Shriram Beltings., Telschig GmbH, Toyota Industries Corp., VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co., Techflow Enterprises Pvt. Ltd., and Vac U Max

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the conveyor belt market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market  companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

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 End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global conveyor belt market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global conveyor belt market 2018 - 2022 ($ billion)
    • 4.2 End User Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End User Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Retail - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Retail - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Retail - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Retail - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Retail - Year-over-year growth 2023-2028 (%)
    • 6.4 Food and beverage - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Food and beverage - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Food and beverage - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
    • 6.5 Automotive - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ billion)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Unit handling - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Unit handling - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Unit handling - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Unit handling - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Unit handling - Year-over-year growth 2023-2028 (%)
    • 7.4 Bulk handling - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Bulk handling - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Bulk handling - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Bulk handling - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Bulk handling - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 ACMI SpA
              • Exhibit 119: ACMI SpA - Overview
              • Exhibit 120: ACMI SpA - Product / Service
              • Exhibit 121: ACMI SpA - Key offerings
            • 12.4 Beumer Group GmbH and Co. KG
              • Exhibit 122: Beumer Group GmbH and Co. KG - Overview
              • Exhibit 123: Beumer Group GmbH and Co. KG - Product / Service
              • Exhibit 124: Beumer Group GmbH and Co. KG - Key news
              • Exhibit 125: Beumer Group GmbH and Co. KG - Key offerings
            • 12.5 Daifuku Co. Ltd
              • Exhibit 126: Daifuku Co. Ltd - Overview
              • Exhibit 127: Daifuku Co. Ltd - Product / Service
              • Exhibit 128: Daifuku Co. Ltd - Key offerings
            • 12.6 FIVES SAS
              • Exhibit 129: FIVES SAS - Overview
              • Exhibit 130: FIVES SAS - Business segments
              • Exhibit 131: FIVES SAS - Key offerings
              • Exhibit 132: FIVES SAS - Segment focus
            • 12.7 Forbo Management SA
              • Exhibit 133: Forbo Management SA - Overview
              • Exhibit 134: Forbo Management SA - Business segments
              • Exhibit 135: Forbo Management SA - Key offerings
              • Exhibit 136: Forbo Management SA - Segment focus
            • 12.8 Habasit
              • Exhibit 137: Habasit - Overview
              • Exhibit 138: Habasit - Product / Service
              • Exhibit 139: Habasit - Key offerings
            • 12.9 Heat and Control Inc.
              • Exhibit 140: Heat and Control Inc. - Overview
              • Exhibit 141: Heat and Control Inc. - Product / Service
              • Exhibit 142: Heat and Control Inc. - Key offerings
            • 12.10 Hytrol Conveyor Company Inc.
              • Exhibit 143: Hytrol Conveyor Company Inc. - Overview
              • Exhibit 144: Hytrol Conveyor Company Inc. - Product / Service
              • Exhibit 145: Hytrol Conveyor Company Inc. - Key offerings
            • 12.11 ICONVEY
              • Exhibit 146: ICONVEY - Overview
              • Exhibit 147: ICONVEY - Product / Service
              • Exhibit 148: ICONVEY - Key offerings
            • 12.12 Indpro Engineering Systems Pvt Ltd.
              • Exhibit 149: Indpro Engineering Systems Pvt Ltd. - Overview
              • Exhibit 150: Indpro Engineering Systems Pvt Ltd. - Product / Service
              • Exhibit 151: Indpro Engineering Systems Pvt Ltd. - Key offerings
            • 12.13 Techflow Enterprises Pvt. Ltd.
              • Exhibit 152: Techflow Enterprises Pvt. Ltd. - Overview
              • Exhibit 153: Techflow Enterprises Pvt. Ltd. - Product / Service
              • Exhibit 154: Techflow Enterprises Pvt. Ltd. - Key offerings
            • 12.14 Telschig GmbH
              • Exhibit 155: Telschig GmbH - Overview
              • Exhibit 156: Telschig GmbH - Product / Service
              • Exhibit 157: Telschig GmbH - Key offerings
            • 12.15 Toyota Industries Corp.
              • Exhibit 158: Toyota Industries Corp. - Overview
              • Exhibit 159: Toyota Industries Corp. - Business segments
              • Exhibit 160: Toyota Industries Corp. - Key news
              • Exhibit 161: Toyota Industries Corp. - Key offerings
              • Exhibit 162: Toyota Industries Corp. - Segment focus
            • 12.16 Vac U Max
              • Exhibit 163: Vac U Max - Overview
              • Exhibit 164: Vac U Max - Product / Service
              • Exhibit 165: Vac U Max - Key offerings
            • 12.17 VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co.
              • Exhibit 166: VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co. - Overview
              • Exhibit 167: VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co. - Product / Service
              • Exhibit 168: VIBRA MASCHINENFABRIK SCHULTHEIS GmbH and Co. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 169: Inclusions checklist
                • Exhibit 170: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 171: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 172: Research methodology
                • Exhibit 173: Validation techniques employed for market sizing
                • Exhibit 174: Information sources
              • 13.5 List of abbreviations
                • Exhibit 175: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              conveyor belt market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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