Market Overview:
The global industrial conveyor and drive belt 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 conveyor belts and drive belts from various end-use industries, such as agriculture, mining, food, construction, and others. Additionally, the growing awareness about energy efficiency is also propelling the growth of this market.
Product Definition:
Industrial conveyor belts are used to move materials over a distance. The belt is driven by a motor and moves the material along its surface. This type of belt is often used in factories to move products from one machine to another or to transport them across a production line.
Conveyor Belt:
Conveyor belt is a flexible rubber or plastic-based band used to transfer items in an industrial context. Conveyor belts are available in different forms and designs for specific applications. The selection of the correct conveyor belt depends on the weight of the products to be moved, type of material being handled, frequency of use and environment where it will be installed.
The global conveyor belt market size was valued at USD 6,500 million in 2016.
Drive Belt:
The drive belt is a flexible band that is used to transmit the rotatory motion from the driven pulley to the driving pulley. It can be made of rubber, cloth or leather and it has different types of constructions according to its applications. The most commonly used construction type for drive belts in industries are flat or round belts with one or more Idlers attached.
The Idler Belts are also known as tension belts.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The rising demand for construction materials and equipment, particularly in developing countries such as India, China, Vietnam, Indonesia and others is anticipated to drive the market over the forecast period.
Global industrial conveyor.
In terms of revenue agriculture was at number 21 in 2017 owing to low penetration of automation tools compared to other industries globally. However with rising adoption of technology agricultural production would be able to increase output leading to an increased demand for automated systems which would propel growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are among the largest agricultural producers in the world as well as prominent consumers of industrial machinery. Growing food processing industry coupled with increasing investments in construction activities are likely to drive regional demand for industrial conveyor belts over the next eight years.
Europe accounted for a significant share of global revenue in 2017 owing to growing adoption across numerous industries including mining, food & beverage, power generation, oil & gas exploration/production/transportation sectors.
The Middle East & Africa region was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand from the automotive and manufacturing industries for conveyor belts and drives to improve production efficiency.
- Growing popularity of automated material handling systems, which use conveyor belts and drives to move goods quickly and efficiently within a facility.
- Rising demand for replacement parts due to aging conveyor belt and drive systems in factories worldwide.
- Advances in technology that have led to the development of more energy-efficient, durable, and reliable conveyor belts and drives.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Conveyor and Drive Belt Market Research Report
By Type
Conveyor Belt, Drive Belt, Others
By Application
Agriculture, Mining, Food, Construction, Others
By Companies
Siemens, Habasit, Ammeraal Beltech, Forbo-Siegling, Sampla, Intralox, Volta Belting, Derco, Veyance Technologies(Continental AG), Esbelt, Bando, Mitsuboshi, Nitta, MARTENS, CHIORINO, Sparks, YongLi, Wuxi Shun Sheng, Beltar, LIAN DA, Jiangyin TianGuang, Shanghai Beiwen, Contenental, Gates, Bando, Habasit, Dayco, SANLUX
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Conveyor and Drive Belt Market Report Segments:
The global Industrial Conveyor and Drive Belt market is segmented on the basis of:
Types
Conveyor Belt, Drive Belt, Others
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
Agriculture, Mining, Food, Construction, 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:
- Siemens
- Habasit
- Ammeraal Beltech
- Forbo-Siegling
- Sampla
- Intralox
- Volta Belting
- Derco
- Veyance Technologies(Continental AG)
- Esbelt
- Bando
- Mitsuboshi
- Nitta
- MARTENS
- CHIORINO
- Sparks
- YongLi
- Wuxi Shun Sheng
- Beltar
- LIAN DA
- Jiangyin TianGuang
- Shanghai Beiwen
- Contenental
- Gates
- Bando
- Habasit
- Dayco
- SANLUX
Highlights of The Industrial Conveyor and Drive Belt 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:
- Conveyor Belt
- Drive Belt
- Others
- By Application:
- Agriculture
- Mining
- Food
- Construction
- 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 Industrial Conveyor and Drive Belt 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?
Industrial conveyor belt and drive belt are two types of machines used in factories to move materials. Conveyor belts move products through a factory by continuously moving them along the belt. The drive belts power the movement of the conveyor belt, and they are usually made from rubber or metal.
Some of the major players in the industrial conveyor and drive belt market are Siemens, Habasit, Ammeraal Beltech, Forbo-Siegling, Sampla, Intralox, Volta Belting, Derco, Veyance Technologies(Continental AG), Esbelt, Bando, Mitsuboshi, Nitta, MARTENS, CHIORINO, Sparks, YongLi, Wuxi Shun Sheng, Beltar, LIAN DA, Jiangyin TianGuang, Shanghai Beiwen, Contenental, Gates, Bando, Habasit, Dayco, SANLUX.
The industrial conveyor and drive belt market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Conveyor and Drive Belt 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. Industrial Conveyor and Drive Belt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Conveyor and Drive Belt Market - Supply Chain
4.5. Global Industrial Conveyor and Drive Belt Market Forecast
4.5.1. Industrial Conveyor and Drive Belt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Conveyor and Drive Belt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Conveyor and Drive Belt Market Absolute $ Opportunity
5. Global Industrial Conveyor and Drive Belt 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. Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Type
5.3.1. Conveyor Belt
5.3.2. Drive Belt
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Conveyor and Drive Belt 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. Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Mining
6.3.3. Food
6.3.4. Construction
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Conveyor and Drive Belt 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. Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt 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. Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt Demand Share Forecast, 2019-2029
9. North America Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Mining
9.4.3. Food
9.4.4. Construction
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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Type
9.7.1. Conveyor Belt
9.7.2. Drive Belt
9.7.3. Others
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 Industrial Conveyor and Drive Belt Demand Share Forecast, 2019-2029
10. Latin America Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Mining
10.4.3. Food
10.4.4. Construction
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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Type
10.7.1. Conveyor Belt
10.7.2. Drive Belt
10.7.3. Others
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 Industrial Conveyor and Drive Belt Demand Share Forecast, 2019-2029
11. Europe Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Mining
11.4.3. Food
11.4.4. Construction
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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Type
11.7.1. Conveyor Belt
11.7.2. Drive Belt
11.7.3. Others
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 Industrial Conveyor and Drive Belt Demand Share, 2019-2029
12. Asia Pacific Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Mining
12.4.3. Food
12.4.4. Construction
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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Type
12.7.1. Conveyor Belt
12.7.2. Drive Belt
12.7.3. Others
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 Industrial Conveyor and Drive Belt Demand Share, 2019-2029
13. Middle East & Africa Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt 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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Mining
13.4.3. Food
13.4.4. Construction
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 Industrial Conveyor and Drive Belt Market Size and Volume Forecast by Type
13.7.1. Conveyor Belt
13.7.2. Drive Belt
13.7.3. Others
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 Industrial Conveyor and Drive Belt Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Conveyor and Drive Belt Market: Market Share Analysis
14.2. Industrial Conveyor and Drive Belt Distributors and Customers
14.3. Industrial Conveyor and Drive Belt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Habasit
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ammeraal Beltech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Forbo-Siegling
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sampla
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. Volta Belting
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Derco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Veyance Technologies(Continental AG)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Esbelt
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bando
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitsuboshi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nitta
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. MARTENS
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. CHIORINO
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. YongLi
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wuxi Shun Sheng
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Beltar
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. LIAN DA
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
