Market Overview:
The global friction conveyor system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for friction conveyor systems from various end-use industries, such as automotive, rubber, woodworking/sawmill, and others. In terms of type, the floor type segment is expected to hold the largest share of the global friction conveyor system market in 2018. This can be attributed to its high demand from various end-use industries owing to its ability to handle large payloads and ease of installation.
Product Definition:
A friction conveyor system is a type of conveyor belt that relies on the friction between the conveyed material and the belt to move. This type of system is often used when transferring large or heavy objects, as it can provide more traction than other types of conveyor belts. The importance of friction conveyor systems lies in their ability to safely and efficiently transport large or heavy objects over long distances.
Floor Type:
Floor type is a device that is used to transfer material from one place to another without the use of any other equipment. Floor types are classified into two major categories, namely flooring and floor type conveyors. The primary function of a friction conveyor system is to move materials at constant velocity in the desired direction.
Overhead Type:
Overhead type is a system that consists of rollers, chain or belts and their associated hardware. It is used to transfer material from one place to another without any loss of material due to friction. Overhead conveyors are widely used in the food & beverage industry for moving raw materials such as grain, sugar, coffee beans and others through processing lines at a high speed with minimum waste.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a steady CAGR over the forecast period. Rising demand for friction conveyor systems in automotive industry is attributed to increasing production of passenger cars, LCVs & trucks, and buses, particularly in China, Germany, U.K., Japan and France. Moreover, stringent regulations regarding waste disposal from various regulatory bodies are further driving the growth of this segment.
Rubber industry application segment also accounted for significant market share in terms of revenue as well as volume due to rising demand from tire manufacturers across the globe coupled with high utilization rate of rubber processing facilities at present time which includes primary processing plants followed by secondary & tertiary processes such as vulcanization or compounding shops etcetera.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from various end-use industries, such as automotive and rubber industry. In addition, growing infrastructure activities are also anticipated to drive the regional market growth.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to rising industrialization and developing economies, such as China and India. Growing population coupled with increased consumer spending on household goods will further boost product demand in construction sector of these countries which will drive regional growth over next eight years till 2030 at a CAGR of XX%. Europe has been experiencing sluggish growth since past few years on account of economic slowdown in major countries like Italy, Spain and France which has affected overall performance of European Union (EU).
Growth Factors:
- Increasing demand for friction conveyor systems from the food and beverage industry as they are ideal for conveying delicate items such as bakery products, fruits, and vegetables.
- Rising adoption of friction conveyor systems in the automotive sector due to their ability to handle heavy loads without damaging the product.
- Growing demand for friction conveyor systems in e-commerce and retail sectors due to their ability to handle large volumes of goods with minimal damage or spoilage.
- Increasing investment in research and development by leading players in order to develop new and innovative products that can cater to the needs of different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Friction Conveyor System Market Research Report
By Type
Floor Type, Overhead Type, Shuttle Type, Pallet Type
By Application
Automotive Industry, Rubber Industry, Woodworking/Sawmill, Other
By Companies
Daifuku, Central Conveyor, ASI, NKC, ATS Group, ContiTech
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Friction Conveyor System Market Report Segments:
The global Friction Conveyor System market is segmented on the basis of:
Types
Floor Type, Overhead Type, Shuttle Type, Pallet Type
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
Automotive Industry, Rubber Industry, Woodworking/Sawmill, Other
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:
- Daifuku
- Central Conveyor
- ASI
- NKC
- ATS Group
- ContiTech
Highlights of The Friction Conveyor System 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:
- Floor Type
- Overhead Type
- Shuttle Type
- Pallet Type
- By Application:
- Automotive Industry
- Rubber Industry
- Woodworking/Sawmill
- Other
- 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 Friction Conveyor System 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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- Correctly Positioning New Products
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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 friction conveyor system is a type of machine that moves materials by using the force of friction. The machine uses a belt, chain, or other type of moving surface to move the material along the path.
Some of the major companies in the friction conveyor system market are Daifuku, Central Conveyor, ASI, NKC, ATS Group, ContiTech.
The friction conveyor system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Friction Conveyor System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Friction Conveyor System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Friction Conveyor System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Friction Conveyor System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Friction Conveyor System Market Size & Forecast, 2020-2028
4.5.1 Friction Conveyor System Market Size and Y-o-Y Growth
4.5.2 Friction Conveyor System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Floor Type
5.2.2 Overhead Type
5.2.3 Shuttle Type
5.2.4 Pallet Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Rubber Industry
6.2.3 Woodworking/Sawmill
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Friction Conveyor System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Friction Conveyor System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Floor Type
9.6.2 Overhead Type
9.6.3 Shuttle Type
9.6.4 Pallet Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Rubber Industry
9.10.3 Woodworking/Sawmill
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Floor Type
10.6.2 Overhead Type
10.6.3 Shuttle Type
10.6.4 Pallet Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Rubber Industry
10.10.3 Woodworking/Sawmill
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Floor Type
11.6.2 Overhead Type
11.6.3 Shuttle Type
11.6.4 Pallet Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Rubber Industry
11.10.3 Woodworking/Sawmill
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Floor Type
12.6.2 Overhead Type
12.6.3 Shuttle Type
12.6.4 Pallet Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Rubber Industry
12.10.3 Woodworking/Sawmill
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Floor Type
13.6.2 Overhead Type
13.6.3 Shuttle Type
13.6.4 Pallet Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Rubber Industry
13.10.3 Woodworking/Sawmill
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Friction Conveyor System Market: Competitive Dashboard
14.2 Global Friction Conveyor System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daifuku
14.3.2 Central Conveyor
14.3.3 ASI
14.3.4 NKC
14.3.5 ATS Group
14.3.6 ContiTech
