The global conveying equipment market size was estimated at USD 69 billion in 2019 and is expected to grow at a CAGR of 2% from 2021 to 2027. Increased reliance on machines with automated systems reduces production time. The improvement in efficiency is expected to have a positive impact on the entire conveying equipment industry. Conveying equipment is applied as a carrier of goods in a number of industries including mining and coal, food and beverage, automobiles, airports and ports. Conveyors are essential for the continuous transport of materials from one place to another in many industrial and commercial facilities. The conveying equipment provides high operational efficiency with increased productivity.
A full report of Conveying Equipment Market available at https://www.orionmarketreports.com/conveying-equipment-market/24289/
Conveying Equipment Market Segmentations
By Type
• Belt
• Roller
• Pallet
• Overhead
• Tri planar
• Bucket
• Floor
• Cable
• Crescent
• Others (combination of any of the aforementioned conveyor types or gravity, chain, and vertical conveyors)
By Operation
• Manual
• Automatic
• Semi-automatic
By Application
• Mineral
• Metal
• Coal
By Component
• Aluminum profile (conveyor belt support)
• Driving unit (motor bracket, counter-bearing, and electrical drive)
• Extremity unit (pulley and clamping strap)
Company Profiles
• Daifuku Co., Ltd.
• Beumer Group GmbH & Co., KG
• Fenner Group Holdings Ltd
• Fives Group
• Flexlink, Intelligrated, Inc
• Jungheinrich AG
• Kardex Group
• Kion Group AG
• KUKA AG
• Murata Machinery, Ltd
• Phoenix Conveyor Belt System
• Siemens AG
• TGW Logistics Group GmbH
• Continental
• Emerson
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