Market Overview:
The global flat belt conveyors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food & beverages, pharmaceuticals, electronics, cosmetics and other products across the globe. In addition, the growing adoption of automated systems in various industries is also contributing to the growth of this market. Based on type, open belt conveyors accounted for a larger share of the global flat belt conveyors market in 2017. This can be attributed to their low cost and easy installation as compared to enclosed belt conveyors. However, enclosed belt conveyors are expected to grow at a higher CAGR during the forecast period as they offer several advantages such as protection from dust and debris present in industrial environments and improved safety features. Based on application, food & beverages was the largest segment of the global flat belt conveyor market in 2017 followed by pharmaceuticals and electronics segments respectively.
Product Definition:
A flat belt conveyor is a conveyor that uses a horizontal belt on which products are carried. The belt is supported by pulleys and typically runs over rollers or drums to keep it moving. Flat belt conveyors are often used in manufacturing and assembly lines to move materials from one point to another.
Open Belt Conveyors:
Open belt conveyors are primarily used in material handling applications where the product to be transported is exposed and can be grabbed by the belts. Open belt conveyors are also known as flat or horizontal belt conveyors, they have a large number of advantages over vertical or inclined belt conveyor which includes less operating time, low maintenance cost and flexibility in terms of loading on the belts.
Enclosed Belt Conveyors:
Enclosed Belt Conveyors (EBC) are used in Flat Belt Conveyors to transfer material within a closed loop. The conveyor belt is enclosed by the EBC which prevents the material from moving out and also assists in maintaining uniformity of speed throughout the belt.
The primary function of an enclosed belt conveyor is to maintain constant contact between a stationary power source and moving stock, thereby assuring efficient operation of all components involved.
Application Insights:
Food & beverage, pharmaceuticals, electronics and cosmetics are the major application areas of the global flat belt conveyors market. In 2017, food & beverages were the largest application segment with a share of over 40%. The segment is expected to continue its dominance over the forecast period.
The product demand in this industry is witnessing an upsurge due to rapid industrialization and urbanization leading to increasing population in developing countries such as India and China. Moreover, governments from various angles are making efforts for improving people¢â‚¬â„¢s lifestyle which includes improving their diet quality along with regular exercise through gym activities which further boosts product demand in this sector globally.
Regional Analysis:
Asia Pacific dominated the global flat belt conveyors market in 2017. This is attributed to increasing industrialization and rapid urbanization in this region. Moreover, rising demand for processed food coupled with growing pharmaceutical industry is expected to drive the regional market over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to high demand from end-use industries such as electronics, pharmaceuticals, and cosmetics among others. The presence of major companies such as Siemens AG; Alstom; Gamesa Corporation; General Electric; ABB Ltd.; MAN Diesel & Turbo SE; and Volvo AB has led to an increase in investments by these companies which will boost product adoption over the next eight years.
Growth Factors:
- Increasing demand for flat belt conveyors from the automotive and food processing industries
- Growing popularity of modular belt conveyors in small and medium-sized enterprises
- Rising adoption of flat belt conveyors in e-commerce and retail sectors
- Proliferation of automated material handling systems across various industrial verticals
- Technological advancements in flat belt conveyor design and manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Belt Conveyors Market Research Report
By Type
Open Belt Conveyors, Enclosed Belt Conveyors
By Application
Food & Beverages, Pharmaceuticals, Electronics, Cosmetics, Others
By Companies
Elcom, Toso Conveyor, mk Technoloogy Group, Hebei Zhanwei, Wanliyuan, Universal Bulk Handling Projects, Monk Conveyors
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Flat Belt Conveyors Market Report Segments:
The global Flat Belt Conveyors market is segmented on the basis of:
Types
Open Belt Conveyors, Enclosed Belt Conveyors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Pharmaceuticals, Electronics, Cosmetics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elcom
- Toso Conveyor
- mk Technoloogy Group
- Hebei Zhanwei
- Wanliyuan
- Universal Bulk Handling Projects
- Monk Conveyors
Highlights of The Flat Belt Conveyors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Open Belt Conveyors
- Enclosed Belt Conveyors
- By Application:
- Food & Beverages
- Pharmaceuticals
- Electronics
- Cosmetics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flat Belt Conveyors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A flat belt conveyor is a type of conveyor belt that moves products in a straight line. This type of conveyor belt is often used to move goods between different parts of a factory or warehouse.
Some of the major players in the flat belt conveyors market are Elcom, Toso Conveyor, mk Technoloogy Group, Hebei Zhanwei, Wanliyuan, Universal Bulk Handling Projects, Monk Conveyors.
The flat belt conveyors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flat Belt Conveyors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flat Belt Conveyors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flat Belt Conveyors Market - Supply Chain
4.5. Global Flat Belt Conveyors Market Forecast
4.5.1. Flat Belt Conveyors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flat Belt Conveyors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flat Belt Conveyors Market Absolute $ Opportunity
5. Global Flat Belt Conveyors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flat Belt Conveyors Market Size and Volume Forecast by Type
5.3.1. Open Belt Conveyors
5.3.2. Enclosed Belt Conveyors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flat Belt Conveyors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flat Belt Conveyors Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Pharmaceuticals
6.3.3. Electronics
6.3.4. Cosmetics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flat Belt Conveyors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flat Belt Conveyors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flat Belt Conveyors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flat Belt Conveyors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flat Belt Conveyors Demand Share Forecast, 2019-2026
9. North America Flat Belt Conveyors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flat Belt Conveyors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flat Belt Conveyors Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Pharmaceuticals
9.4.3. Electronics
9.4.4. Cosmetics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flat Belt Conveyors Market Size and Volume Forecast by Type
9.7.1. Open Belt Conveyors
9.7.2. Enclosed Belt Conveyors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flat Belt Conveyors Demand Share Forecast, 2019-2026
10. Latin America Flat Belt Conveyors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flat Belt Conveyors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flat Belt Conveyors Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Pharmaceuticals
10.4.3. Electronics
10.4.4. Cosmetics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flat Belt Conveyors Market Size and Volume Forecast by Type
10.7.1. Open Belt Conveyors
10.7.2. Enclosed Belt Conveyors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flat Belt Conveyors Demand Share Forecast, 2019-2026
11. Europe Flat Belt Conveyors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flat Belt Conveyors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flat Belt Conveyors Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Pharmaceuticals
11.4.3. Electronics
11.4.4. Cosmetics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flat Belt Conveyors Market Size and Volume Forecast by Type
11.7.1. Open Belt Conveyors
11.7.2. Enclosed Belt Conveyors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flat Belt Conveyors Demand Share, 2019-2026
12. Asia Pacific Flat Belt Conveyors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flat Belt Conveyors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flat Belt Conveyors Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Pharmaceuticals
12.4.3. Electronics
12.4.4. Cosmetics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flat Belt Conveyors Market Size and Volume Forecast by Type
12.7.1. Open Belt Conveyors
12.7.2. Enclosed Belt Conveyors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flat Belt Conveyors Demand Share, 2019-2026
13. Middle East & Africa Flat Belt Conveyors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flat Belt Conveyors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flat Belt Conveyors Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Pharmaceuticals
13.4.3. Electronics
13.4.4. Cosmetics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flat Belt Conveyors Market Size and Volume Forecast by Type
13.7.1. Open Belt Conveyors
13.7.2. Enclosed Belt Conveyors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flat Belt Conveyors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flat Belt Conveyors Market: Market Share Analysis
14.2. Flat Belt Conveyors Distributors and Customers
14.3. Flat Belt Conveyors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Elcom
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toso Conveyor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. mk Technoloogy Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hebei Zhanwei
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wanliyuan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Universal Bulk Handling Projects
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Monk Conveyors
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
