Submit Press Release GroupWeb News Network Africa Alabama Alaska Arizona Arkansas Asia California China Colorada Connecticut Washington DC Delaware Florida France Georgia Germany Ghana Hawaii Idaho Illinois India Indiana Iowa Italy Japan Kansas Kentucky Korea Lousiana Main MaryLand Massachusetts Michigan Minnesota Mississippi Misouri Motana Nebraska Nevad New Hampshire New Jersey New Mexico New York Nigeria North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island Rhode Island Russia South Africa South Carolina South Dakota Spain Tennessee Texas UK Utah Vermont Virginia Washington Weather West Virginia Wisconsin

Home | Search Global IT News: IT News & Press Release Distribution: Conveyor System Market by Industry, Type, Belt Type and Region - 2021   (IT-NEWSWIRE.COM, December 04, 2018 ) According to recent research "Conveyor System Market by Industry (Retail, Food & Beverage – Meat, Poultry & Dairy, Automotive, and Airport), Type (Overhead, Floor, Roller, Pallet, Crescent, Belt), Belt Type (Light, Medium, and Heavy Weight Belt), & Region - Global Forecast to 2021", The conveyor system market is projected to grow at a CAGR of 9.04% from 2016 to 2021, to reach a market size of USD 8.87 Billion by 2021. The major drivers of this market are rising demand for handling larger volumes of goods, improving process efficiency, increasing FDI investments in the automotive, food and beverage, retail and airport sectors, and material safety concerns, among other factors. Don’t miss out on business opportunities in Conveyor System Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=31314058 Browse and in-depth TOC on “Conveyor System Market” 94 - Tables 78 - Figures 186- Pages The retail industry is the largest segment of the conveyor system market, in terms of value. Supermarkets, warehouses, and distribution centers cover a major portion of the retail conveyor system market. Belt, roller, and pallet type conveyors are majorly used in the retail industry and the pallet type segment is estimated to grow at the fastest CAGR, during the forecast period. Europe and the Americas account for the largest share of this market, owing to the presence of major conveyor system manufacturers. SSI Schaefer (Germany), Dematic (Luxembourg), Swisslog Holding AG (Switzerland), Fives Group (France), and Vanderlande Industries (The Netherlands) are some of the major conveyor system manufacturers in Europe, while Intelligrated (U.S.), Witron (U.S.), Wynright (U.S.) are present in the Americas. View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/conveyor-systems-market-31314058.html The dairy subsegment of the food and beverage industry conveyor system market is estimated to grow at the fastest CAGR during the forecast period. According to the European Food & Drink industry statistics, the dairy industry accounted for 14% of the total revenue of the food and beverage segment which include meat products, drinks, bakery products, and others. Dairy products include cheese, butter, milk, curd, and others who need conveyor systems to maintain proper hygiene. Currently, the dairy industry prefers steel belts over traditional plastic and PU conveyor systems. The medium-weight conveyor belt segment is the largest segment of the global conveyor system market, during the forecast period. Medium- weight conveyor belts have a tensile strength ranging from 500 N/mm to 2,500 N/mm and are suitable for handling rough and heavy material such as in the automotive sector. A boost in the manufacturing sector has led to increased demand for medium-weight conveyor belts. Asia-Oceania is estimated to be the fastest growing region in the global conveyor system market. The growing GDP, changing lifestyle, socio-economic shift, and relaxed government regulations regarding Foreign Direct Investment (FDI), has led to industrial growth. FDI in the automotive, retail, food and beverage, and airport sectors in developing countries has increased, and thus, makes them potential industry hubs in the future. Many conveyor manufacturers such as Daifuku (Japan) and Taikisha (Japan) are based in the Asia-Pacific, whereas, global players such as Vanderlande Industries (The Netherlands), Swisslog Holding AG (Switzerland), and Siemens (Germany) are also present in the Asia-Oceania region. Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=31314058 The conveyor system ecosystem consists of conveyor system manufacturers such as Siemens AG (Germany), Daifuku Co., Ltd. (Japan), Vanderlande Industries B.V. (The Netherlands) and these conveyor systems are supplied to major OEMs in the automotive industry such as Nissan (Japan), and Tesla Motors (U.S.) among others, retail stores such as Wal-Mart (U.S.), and Costco Wholesale Corporation (U.S.) among others, food and beverage industries such as Mars (U.K.), and Unilever (U.K.) among others, and the airport sector. Browse Adjacent Markets @ Automotive and Transportation Market Research Reports & Consulting About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com MarketsandMarkets Mr. Shelly Singh 18886006441 sales@marketsandmarket.com Source: EmailWire.Com Source: EmailWire.com

Information Technology Resources Application Software Bioinformatics Computers Computer Games Enterprise Software Graphics/Printing/CAD Hardware/Peripheral industrial Computers Information Internet Multimedia Networking Public Sector Robotics Semiconductor Software Telecommunications Webmaster Information Technology (IT) Advertisement Information Technology Sponsors Information Technology Publications We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including: The Integration Journey—a Field Guide to Enterprise Integration for SOA Government Technology\'s Public CIO Protecting Content During Business Disruption: Are You Covered? No credit cards, coupons, or promo codes required. Try it today!