Conveyor Systems Market in US 2015-2019 is a new research report added to RnRMarketResearch.com. The conveyor systems market vendors are expected to scale up their investments to build a capable workforce in the future.
Pune, Maharastra -- (SBWIRE) -- 12/07/2015 -- According to the Conveyor Systems Market in US 2015-2019 report, conveyor equipment is widely used for baggage handling, and in the automotive and process manufacturing industries. Conveyor systems enable manufacturers to decrease their overall costs by reducing inventory levels and improving the order-to-delivery cycle, thus, helping in process optimization. In a competitive business environment, companies need to develop superior-quality products within a minimal period to ensure that they stay ahead of their competitors.
Access Complete Report Conveyor Systems Market in US 2015-2019
The technological improvements in the development of textile conveyor belts are replacing the steel cord conveyor belts in the US market. Steel cord conveyor belts are used in several applications in heavy industries such as the coal, automotive, metal, and mining. Despite steel conveyor belts having a longer life span, they are expensive.
The US is a steadily growing region in the global material handling market. Its growth drives the demand for conveyer systems in the region. The market research analysts predict the global conveyer systems market in the US to reach close to USD 10 billion in revenues by 2019.
Major customers of conveyor systems in the US range across multiple manufacturing industries and sectors where goods are handled. The rapid growth of manufacturing activities in process and discrete manufacturing industries is also a key growth driver for this market. Various process industries such as F&B, oil and gas, and petrochemicals use conveyor equipment to goods at various stages such as processing, packaging, and assembling.
Conveyor systems market in US by type of equipment: Unit handling systems, Conveyer components and Bulk handling systems.
Order a Copy of Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=441276.
Based on the key findings of this research report, a decline in the market share of bulk handling systems is anticipated during the forecast period. It is attributed to the rapid growth of the other two segments, especially the conveyor components segment.
Growing demand from mining and manufacturing industries
The growing complexity in the supply chain process with regards to transportation and handling of materials in manufacturing and mining industries has surged the adoption of conveyor systems in the SCM process.
The mining and manufacturing industry in the US uses custom designed belt conveyor systems for transportation of bulk materials over long distances. These conveyor belts are custom designed as per client requirements based on specific volume-based requirements for transportation. Overhead conveyors, mobile conveyors, gravity conveyors, and inplant conveyors are some of the major type of conveyor systems used in mining and manufacturing industries.
The key players in the Conveyor Systems Market in US are Daifuku, Fives, SSI SCHAEFER and Swisslog.
Market vendors are expected to scale up their investments to build a capable workforce in the future. Conveyors are highly technical systems that require appropriately skilled and trained manpower to operate, maintain, and upgrade these systems. These developments have led to increasing expectation from conveyer belt system manufacturers. Lack of such personnel is a matter of concern for end-users of this market. Retaining talented and experienced professionals with expertise in handling specific systems will emerge as a priority area for the market vendors during the forecast period.
Single User License Copy of Report is US $2500. Get DISCOUNT at http://www.rnrmarketresearch.com/contacts/discount?rname=441276.
Other Prominent Vendors in the market are: Allied Conveyor Systems, Caterpillar, Dorner Conveyors, Dynamic Conveyor, Eisenmann, Emerson, Flexlink, FMC Technologies, Intelligrated, Interroll, Murata Machinery, Nordstrong Equipment, Redler, RUD, Shuttleworth, Taikisha, and Vanderlande.
Further, the report states that the high initial investment is a severe challenge that will hinder the market growth during the forecast period.
Global Conveyor Systems Market 2015-2019: The analysts forecast the Global Conveyor Systems market to grow at a CAGR of 2.71% over the period 2014-2019.
The Global Conveyor Systems market can be divided into five segments based on the type of product: Roller Conveyors, Belt Conveyors, Overhead Conveyors, Pallet Conveyors, and Other Conveyors. The major customers of these systems hail from the Retail sector, F&B sector, Aviation sector, and other manufacturing industries such as Chemical and Pharmaceutical and Healthcare.
Key Vendors: Daifuku, Dematic Group, Emerson Electric and Siemens
Other Prominent Vendors: Allied Conveyor Systems, Caterpillar, Dorner Conveyors, Dynamic Conveyor, Eisenmann, Fives Group, Flexlink, FMC Technologies, Intelligrated, Interroll, Mahindra Conveyor Systems, Murata Machinery, Nordstrong, Redler, RUD, Shuttleworth, SSI Schaefer, Swisslog, Taikisha and Vanderlande.
Conveyor Systems Market in Europe 2015-2019: The analysts forecast the Conveyor Systems market in Europe will grow at a CAGR of 2.57% over the period 2014-2019.
Based on the type, the Conveyor Systems market in Europe can be divided into three segments: Unit Handling Systems, Bulk Handling Systems, and Conveyor Components. The Retail, F&B, and Aviation sectors are the major end-users in the market. On the basis of the product, it can be segmented into five categories: Roller Conveyors, Belt Conveyors, Overhead Conveyors, Pallet Conveyors, and Other Conveyors.
RnRMarketResearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.