Global Conveyor Systems Market (2020-2025) – Advanced conveyor systems present opportunities

The global conveyor system market is expected to reach $10.6 billion by 2025 and is estimated to be worth $8.8 billion by 2020, with a CAGR of 3.9%. The high degree of automation in various end-use industries and the increasing demand to handle large quantities of goods are the driving forces driving the development of the conveyor system market. The continuous efforts of conveyor system manufacturers to modernize the industry will provide manufacturers with an opportunity to drive the development of automated conveyor systems in the coming years. Airport industry, by conveyor type (belt, three planes, crescent, etc.): automotive industry, by conveyor type (overhead, floor, roller, etc.): retail and distribution industry, by conveyor type (belt, roller, pallet, etc.): electronics industry, press Conveyor types (belts, rollers, etc.): mining, by conveyor type (belts, cables, buckets, etc.): food and beverage industry, sub-sector (meat and poultry, dairy products and other industries): and regions (North America, Asia Pacific, Europe and rest of the world).


Post time: May-14-2021