Market Overview:
The global flat belt drive conveyor 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 automation in various industries and the growing need for efficient material handling solutions. Based on type, the global flat belt drive conveyor market can be segmented into open belt conveyor system and enclosed belt conveyor system. The open belt conveyor system is expected to dominate the market during the forecast period owing to its low cost and easy installation. Based on application, the global flat belt drive conveyor market can be segmented into mining, industrial, logistics/warehousing, automotive, and others.
Product Definition:
A flat belt drive conveyor is a type of conveyor belt that uses a flat belt to transport goods. This type of conveyor belt is often used in factories and other industrial settings, where it can be used to move goods between machines or from one part of the factory to another. Flat belt drive conveyors are important because they are durable and can handle large loads, making them ideal for transporting heavy objects.
Open Belt Conveyor System:
Open Belt Conveyor System, also known as Open Pulley System or Open Rotor System is a type of drive system used in material handling applications. The primary function of an open belt conveyor system is to transfer materials from one location to another with minimum loss of product and maximum efficiency. These systems are primarily used for bulk material handling in industries such as mining, food & beverage processing, cement and construction among others.
Enclosed Belt Conveyor System:
The enclosed belt conveyor system is used in the flat belt drive conveyor to transfer material from one location to another with minimum loss of time and maximum efficiency. The system includes a number of pulleys, a driven roller or band, and an idler roller or band. The materials are transferred between the two rollers by means of a continuous looped elastic strip called as an enclosed belt which is mounted between them and has no open ends.
Application Insights:
The industrial segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for flat belt conveyors in industries, such as mining, automotive and logistics/warehousing among others is expected to drive the industry growth over the coming years.
The mining sector was one of the major application areas observed across various regions including North America and Europe. In recent times, owing to technological advancements coupled with high cost efficiency; these systems have become an essential part of operations in mines across all geographies. These systems are used for moving material throughout different stages of mineral processing including crushing & screening, washing & leaching circuits along with transportation activities within a mine site or between mine sites where there is no railhead facility available.
Regional Analysis:
Asia Pacific dominated the global flat belt drive conveyor market in 2017. The region is expected to maintain its position over the forecast period owing to increasing industrial and mining activities in China, India, South Korea, and Taiwan. In addition, rising investments by governments for infrastructural development are anticipated to create ample growth opportunities for industry players over the next eight years.
The European market is projected to grow at a significant rate during the forecast period due to growing manufacturing industries across Germany, Italy France Spain and other countries of Western Europe.
North America accounted for a major share in terms of revenue generation owing to high adoption rates of latest technology coupled with advanced infrastructure facilities provided by Belt Conveyors Inc., Honeywell International Inc., Johnson Controls Intl Ltd.
Growth Factors:
- Increasing demand for flat belt drive conveyors from the automotive and food processing industries.
- Growing popularity of low-cost, high-efficiency flat belt drive conveyors in small and medium-sized businesses.
- Rising demand for flat belt drive conveyors with integrated controls and sensors to improve accuracy and efficiency.
- Advances in materials science that have led to the development of new types of belts with improved performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Belt Drive Conveyor Market Research Report
By Type
Open Belt Conveyor System, Enclosed Belt Conveyor System
By Application
Mining, Industrial, Logistics/Warehousing, Automotive, Others
By Companies
ContiTech AG, Gates, Partners Group, Habasit, Mitsuboshi, Intralox, Forbo Movement Systems, Bando Chemical Industries, Ltd., Nitta, Dayco, SANLUX, YongLi, CHIORINO, Wuxi Shun Sheng, Jiangyin TianGuang, Sparks, Esbelt, MärtensTransportbänder, Volta Belting
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Flat Belt Drive Conveyor Market Report Segments:
The global Flat Belt Drive Conveyor market is segmented on the basis of:
Types
Open Belt Conveyor System, Enclosed Belt Conveyor System
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
Mining, Industrial, Logistics/Warehousing, Automotive, 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:
- ContiTech AG
- Gates
- Partners Group
- Habasit
- Mitsuboshi
- Intralox
- Forbo Movement Systems
- Bando Chemical Industries, Ltd.
- Nitta
- Dayco
- SANLUX
- YongLi
- CHIORINO
- Wuxi Shun Sheng
- Jiangyin TianGuang
- Sparks
- Esbelt
- MärtensTransportbänder
- Volta Belting
Highlights of The Flat Belt Drive Conveyor 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 Conveyor System
- Enclosed Belt Conveyor System
- By Application:
- Mining
- Industrial
- Logistics/Warehousing
- Automotive
- 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 Drive Conveyor 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.
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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 drive conveyor is a type of conveyor that uses a continuous belt to move material. The belt typically has several pulleys, and the material moves along the belt by being pulled by the pulleys. This type of conveyor is often used in factories to move materials between different parts of the factory.
Some of the major companies in the flat belt drive conveyor market are ContiTech AG, Gates, Partners Group, Habasit, Mitsuboshi, Intralox, Forbo Movement Systems, Bando Chemical Industries, Ltd., Nitta, Dayco, SANLUX, YongLi, CHIORINO, Wuxi Shun Sheng, Jiangyin TianGuang, Sparks, Esbelt, MƒÂ¤rtensTransportbƒÂ¤nder, Volta Belting.
The flat belt drive conveyor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flat Belt Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor Market - Supply Chain
4.5. Global Flat Belt Drive Conveyor Market Forecast
4.5.1. Flat Belt Drive Conveyor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flat Belt Drive Conveyor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flat Belt Drive Conveyor Market Absolute $ Opportunity
5. Global Flat Belt Drive Conveyor 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 Drive Conveyor Market Size and Volume Forecast by Type
5.3.1. Open Belt Conveyor System
5.3.2. Enclosed Belt Conveyor System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flat Belt Drive Conveyor 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 Drive Conveyor Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Industrial
6.3.3. Logistics/Warehousing
6.3.4. Automotive
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flat Belt Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor Demand Share Forecast, 2019-2026
9. North America Flat Belt Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Industrial
9.4.3. Logistics/Warehousing
9.4.4. Automotive
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 Drive Conveyor Market Size and Volume Forecast by Type
9.7.1. Open Belt Conveyor System
9.7.2. Enclosed Belt Conveyor System
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 Drive Conveyor Demand Share Forecast, 2019-2026
10. Latin America Flat Belt Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Industrial
10.4.3. Logistics/Warehousing
10.4.4. Automotive
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 Drive Conveyor Market Size and Volume Forecast by Type
10.7.1. Open Belt Conveyor System
10.7.2. Enclosed Belt Conveyor System
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 Drive Conveyor Demand Share Forecast, 2019-2026
11. Europe Flat Belt Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Industrial
11.4.3. Logistics/Warehousing
11.4.4. Automotive
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 Drive Conveyor Market Size and Volume Forecast by Type
11.7.1. Open Belt Conveyor System
11.7.2. Enclosed Belt Conveyor System
1.8. 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 Drive Conveyor Demand Share, 2019-2026
12. Asia Pacific Flat Belt Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Industrial
12.4.3. Logistics/Warehousing
12.4.4. Automotive
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 Drive Conveyor Market Size and Volume Forecast by Type
12.7.1. Open Belt Conveyor System
12.7.2. Enclosed Belt Conveyor System
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 Drive Conveyor Demand Share, 2019-2026
13. Middle East & Africa Flat Belt Drive Conveyor 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 Drive Conveyor 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 Drive Conveyor Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Industrial
13.4.3. Logistics/Warehousing
13.4.4. Automotive
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 Drive Conveyor Market Size and Volume Forecast by Type
13.7.1. Open Belt Conveyor System
13.7.2. Enclosed Belt Conveyor System
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 Drive Conveyor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flat Belt Drive Conveyor Market: Market Share Analysis
14.2. Flat Belt Drive Conveyor Distributors and Customers
14.3. Flat Belt Drive Conveyor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ContiTech AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gates
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Partners 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. Habasit
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsuboshi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Intralox
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Forbo Movement Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bando Chemical Industries, Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nitta
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dayco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SANLUX
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. YongLi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CHIORINO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wuxi Shun Sheng
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jiangyin TianGuang
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sparks
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Esbelt
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. MärtensTransportbänder
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Volta Belting
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
