Global Conveyor Belt Market 2024-2028

Description

List of Tables

The conveyor belt market is forecasted to grow by USD 1.32 bn during 2023-2028, accelerating at a CAGR of 4.69% during the forecast period. 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for automation in material handling, rising adoption of e-commerce and logistics, and increasing need for cost reduction during manufacturing operation.

Technavio's conveyor belt market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.18%
CAGR	4.69%
Incremental Value	$1.32bn

By End-user

Retail
Food and beverage
Automotive
Others

By Type

Unit handling
Bulk handling

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increasing demand for IoT-enabled conveyor belt systems as one of the prime reasons driving the conveyor belt market growth during the next few years. Also, increasing demand for steel cord conveyor belts and rising use of conveyor belts in warehouses will lead to sizable demand in the market.

The report on the conveyor belt market covers the following areas:

Conveyor belt market sizing
Conveyor belt market forecast
Conveyor belt market industry analysis

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 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. 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.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44239

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 Geographical Landscape
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 Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 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 Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ 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