Conveyor Systems Market worth $6,268.3 Million by 2018, According to A New Study on ASDReports

Wednesday 28 May 2014, Amsterdam

The report “Conveyor Systems Market by Conveyor Types (Roller, Belt, Overhead, Pallet, Crescent & others), Industry (Automotive, Airport, Retail and Food & Beverage) and Geography (Asia-Pacific, Europe, Americas & ROW): Industry Trends & Forecast to 2018”, now available on ASDReports, defines and segments the conveyor systems market with the analysis and forecasting of the global volume and revenue.


Asia-Pacific: Potential, growing market for conveyor systems

Asia-Pacific is the region which includes developing countries such as China, India, Thailand, Indonesia, and Malaysia. The end-use industries for conveyor systems such as automotive, retail, airport, and food & beverage, are growing at a healthy growth rate which is leading companies to expand their facilities and construct new ones. This expansion and construction has enhanced the market for conveyor systems in Asia-Pacific. Conveyor system companies such as Daifuku (Japan) and Taikisha (Japan) are dominant players in this region which will drive the demand for conveyor systems. Apart from these, global players such as Vanderlande Industries (The Netherlands), Swisslog Holding AG (Switzerland), SSI Schaefer (Germany), and Dematic (Luxembourg), have their presence in the Asia-Pacific region, which will also influence the market demand for conveyor systems.


Europe: Established market for conveyor systems

The European region had experienced the economic downturn of 2009, which affected many industries. Currently, it is in a recovery phase and is anticipated that it will recover in a phased manner. The conveyor systems market is projected to grow at a stable growth rate for the period under study. Europe is the major market for conveyor systems, and it is a home to a number of conveyor system suppliers such as SSI Schaefer (Germany), Dematic (Luxembourg), Swisslog Holding AG (Germany), Fives Group (France), and Vanderlande Industries (The Netherlands).

Americas: Conveyor systems market shows healthy growth rate

The Americas region comprises the U.S., Mexico, Brazil, Canada, and others. Mexico and Brazil are the emerging economies in this region, and the industrial sector in these countries is booming. Due to which the automotive, airport, retail, food & beverage industries are growing at a healthy rate. The growth in these industries has positively affected the conveyor systems market; since these industries are the key users of conveyors, the expansion and modernization of the plants/airports has increased the demand for conveyor systems in this region. The major conveyor system manufacturers such as Intelligrated (U.S.), Dematic (Luxembourg), Daifuku (Japan), and Vanderlande Industries (The Netherlands) have a major presence in the Americas region.

The report covers the conveyor systems market in terms of volume (meter) and value ($million) across regions such as Asia-Pacific, Europe, Americas, and the Rest of the World (ROW). It explains qualitative and quantitative aspects of conveyor systems with respect to types and industries. The report briefly explains the conveyor systems market on the basis of geography, conveyor type, and industry, from 2013 to 2018.

The report also shows an overview of the technical, as well as other important aspects of the conveyor systems market. It includes the analysis of the value chain, Porter’s Five Force model, competitive landscapes, and company profiles. In addition to this, 12 key players in the market have also been profiled.