Global Conveying Equipment Market, By Product (Bulk Handling, Unit Handling, Parts & Attachments), B

Published Date: | Report Code : MT1958295

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Growing demand from end-use industry applications in developing regions and the promotion of application-specific grades by companies is expected to drive the conveying equipment market during the forecast period. This market has witnessed the number of key developments in terms of application-specific grade developments and strategic investments in emerging regions by companies to strengthen their market position in the global market. Some of the other key factors governing the market dynamics include regulatory scenario, exchange rates, environmental constraints, and so on. All these factors are expected to have a significant impact on the dynamics of the conveying equipment market during the forecast period.

Conveyor systems are being highly adopted as an efficient means of transporting materials from one location to another. There has been an increase in the focus on the reduction of human efforts in various facilities which have resulted in rapid industrialization and the installation of conveying equipment in these facilities.

Segment Analysis:

The market is segmented based on the product and the application. By the product, further segmentation is bulk handling, unit handling, and parts & attachments.

The unit handling conveying equipment is mainly used to handle small batches that are applicable in food & beverage processing, shipments, and manufacturing of automotive industries. Installation of these takes minimum time and decreases maintenance costs. Bulk handling is required in the loading and unloading of goods. With the increase in the logistics industry, the bulk handling segment will also increase.

Based on the application, the segmentation is as durable and non-durable goods.

Key Factors Impacting Market Growth:

  • Increase in industrial automation

  • Efficient and timely transportation of goods

Regional Analysis:

The regional outlook section for conveying equipment market provides the region-wise market projections along with related market dynamics. Besides, this section provides further information about segments in the market on a regional basis and country-wise outlook. Major regions considered in this report include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe have been traditional markets with a sizeable demand for advanced materials from end-use industries. North America and Western Europe with an established industrial sector having substantial contribution towards respective economies are estimated to dominate overall demand by region. Some of the major industries in this region include automotive, heavy engineering, building & construction, aerospace & defense, mining, and so on. These industries are expected to register steady growth in North America and Western Europe region during the forecast period.

Asia Pacific region is estimated to register the highest CAGR with strong industrial and infrastructural growth. Some of the major economies, in the region, include China, India, South Korea, Japan, Australia, and so on. Besides, favorable conditions for production activities in addition to the growing market demand has attracted global companies to make strategic investments in this region. The Middle East and Eastern Europe with countries including UAE, Russia, Saudi Arabia, Turkey, and Qatar are expected to be potential markets with the growth of the industrial sector in the region. Rest of the World consisting of South America and Africa are estimated to be emerging regions for conveying the equipment market during the forecast period.

Companies Covered: Dematic, Sandvik, Rexnord, Webster, FMC Technologies, Hitachi, Seimens, Daifuku, Intelligrated, and Nordstrong Equipment...

Market Segmentation:

By Product:

  • Bulk Handling

  • Unit Handling

  • Parts & Attachments

By Application:

  • Durable Goods

  • Non-Durable Goods

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Product

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Product

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Product

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Product

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Product

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Product

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global conveying equipment market on a regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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