Belt Conveyor Equipments Market Segmentation, Growth, Global Trends, Opportunity & Forecast 2025
Global
Belt
Conveyor Equipment Market is expected to grow at a significant
CAGR in the upcoming years as the scope and its applications are increasing
across the globe. The factors that propel the growth of the Belt Conveyor
Equipment Industry include increasing demand, rapid urbanization & industrialization,
and product development & technological innovations.
On
the other hand, there are also factors that may hamper the growth of the Belt
Conveyor Equipment Market such as high cost. This market is classified on the
basis of product type, applications, distribution channel and geography. Belt
Conveyor Equipment Industry is segmented by product type as fixed belt conveyor
equipment and telescopic belt conveyor equipment.
Belt
Conveyor Equipment Market is classified on applications as chemical industry,
electric power, and food industry and other. This industry is segmented by
distribution channel as online stores, specialty stores and others. Belt
Conveyor Equipment Industry is classified on the basis of geography as North
America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and
Middle East and Africa.
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The
North American region consists of the U.S., and Canada. Latin America region
consists of Mexico and Brazil. The Western European region consists of Germany,
Italy, France, England and Spain. The Eastern European region consists of
Poland and Russia. Asia Pacific region consists of China, India, ASEAN, and
Australia & New Zealand. The Middle East and African region consists of
GCC, South Africa and North Africa.
In
case of geographical region, Asia Pacific is projected to display fast growth
rates in the Belt Conveyor Equipment Industry. India and China are the major
contributors to the market in this region. The key factors that attribute to
the growth of this region include rapid urbanization & industrialization,
changing standard of living, and growing construction activities.
Some
of the key players that fuel the growth of the Belt Conveyor Equipment Market
include Daifuku, Hytrol Conveyor, Murata Machinery, BEUMER Group, FMC
Technologies, Dearborn Mid-West Conveyor, Dematic Group, Fritz Schafer,
Vanderlande Industries, Swisslog Holding, Richards-Wilcox, Eisenmann, Durr,
Hitachi, Mecalux, and others. The key players are focusing on inorganic growth
to sustain themselves amidst fierce competition. As such, mergers,
acquisitions, and joint ventures are the need of the hour.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Belt Conveyor Equipments in these regions, from
2013 to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Belt Conveyor Equipments market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Daifuku
•
Dematic Group
•
Swisslog Holding
•
Vanderlande Industries
•
BEUMER Group
•
Dearborn Mid-West Conveyor
•
Durr
•
Eisenmann
•
FMC Technologies
•
Fritz Schafer
•
Hitachi
•
Hytrol Conveyor
•
Mecalux
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