AP NEWS

Conveyor System Market Report 2019 - Global Forecast to 2025 - ResearchAndMarkets.com

January 28, 2019

DUBLIN--(BUSINESS WIRE)--Jan 28, 2019--The “Conveyor System Market by Industry (Warehouse & Distribution, Food & Beverage - Meat, Poultry, Dairy, Automotive, Electronics, Mining, Airport), Type (Belt, Roller, Overhead, Floor, Pallet, Crescent, Cable, Bucket), Region - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The conveyor system market is projected to grow at a CAGR of 4.33% during the forecast period, to reach a market size of USD 9.9 billion by 2025 from an estimated USD 7.4 billion in 2018.

The market is driven by factors such as increased demand for automation, demand for cost-efficient material handling systems, need to handle larger volumes in several industries, increasing FDI investments in developing countries, and other factors. The key factor that restrains the market is high initial investment, which may not be feasible for various small and medium scale enterprises.

Asia Pacific is estimated to be the largest market for conveyor systems, backed by the growth of the automotive industry in China and India. China is the largest vehicle-producing country in the region and is also the strongest economy. It is home to many global as well as regional automotive manufacturers such as BYD Automotive, Geely, Dongfeng, Volkswagen, Ford Motor Co., and others. Other than OEMs, there are many Tier 1 players such as Mitsubishi Electric, Denso, and foreign players such as BorgWarner, Bosch, and Continental.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Conveyor System Market for Airport Industry, By Conveyor Type

8 Conveyor System Market for Automotive Industry, By Conveyor Type

9 Conveyor System Market for Warehouse & Distribution, By Conveyor Type

10 Conveyor System Market for Mining Industry, By Conveyor Type

11 Conveyor System Market for Food & Beverage , By Sub-Industry

12 Conveyor System Market for Electronics Industry, By Conveyor Type

13 Conveyor System Market, By Conveyor Type

14 Conveyor System Market, By Region & Industry

15 Competitive Landscape

16 Company Profiles

Bastian Continental CSL Daifuku Dematic Emerson Fives Honeywell Intelligrated Interroll Holding GmbH Invata Khare Group Phoenix Conveyor Belt Systems Siemens Somi Conveyor Beltings SSI Schaefer Swisslog Taikisha TGW Logistics Group Vanderlande Industries B.V. Westfalia

For more information about this report visit https://www.researchandmarkets.com/research/8slr4r/conveyor_system?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190128005254/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Conveyors

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/28/2019 05:35 AM/DISC: 01/28/2019 05:35 AM

http://www.businesswire.com/news/home/20190128005254/en

AP RADIO
Update hourly