The Conveyor market was valued at 610 Million US$ in 2017 and is projected to reach 760 Million US$ by 2025, at a CAGR of 3.0% during the forecast period.
Los Angeles, CA -- (SBWIRE) -- 01/12/2019 -- Global Conveyor market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player's various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail information about various clients which is the most significant element for the manufacturers.
The report takes a dashboard view of an entire Conveyor market by comprehensively analyzing market circumstance and situation and the various activities of leading players in the market such as mergers, partnership, and acquisitions. This unique report explains the present industry situations that gives the crystal clear picture of the global Conveyor market to the clients. The thorough database which has given in this report help the customers to get detail information about the competitors. It is the most significant factor in any report to provide client/s information and QY Research committedly follows this basic principle of the market research industry.
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A conveyor is a common piece of mechanical handling equipment that moves materials from one location to consumer goods. Conveyor allows quick and efficient transportation for a wide variety of materials, which make them very popular in the material handling and packaging industries. Many kinds of conveying are available, and are used according to the various needs of different industries.
The two largest operators account for about 23.13 % of total industry revenue in 2015. Key market players include ATS, Bosch Rexroth, Daifuku, Beckhoff, Destaco, Dürr, Fives Group, RichardsWilcox, Dorner, and SFI among others.
Power & Free Conveyors covered over 65 % of the market share in 2015, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 3.39% from 2016 to 2021.
Worldwide, Automobile Industry was the largest consumer of Conveyor, which is responsible for about 59.35 percent of Conveyor consumption in 2015. The remaining 40.65 percent was consumed for Electronic Industry and Consumer Goods etc.
The Conveyor market was valued at 610 Million US$ in 2017 and is projected to reach 760 Million US$ by 2025, at a CAGR of 3.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Conveyor.
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The following manufacturers are covered in this report:
Motion Index Drives
Allied Conveyor Systems
Conveyor Breakdown Data by Type
Power & Free Conveyors
Precision Indexing Conveyors
Conveyor Breakdown Data by Application
Conveyor Production by Region
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