Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial Conveyor and Drive Belt Market by Type (Conveyor Belt, Drive Belt, Others), By Application (Agriculture, Mining, Food, Construction, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial Conveyor and Drive Belt Market by Type (Conveyor Belt, Drive Belt, Others), By Application (Agriculture, Mining, Food, Construction, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131284 3300 Machinery & Equipment 377 234 Pages 4.9 (42)

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.

Global Industrial Conveyor and Drive Belt Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Siemens
  2. Habasit
  3. Ammeraal Beltech
  4. Forbo-Siegling
  5. Sampla
  6. Intralox
  7. Volta Belting
  8. Derco
  9. Veyance Technologies(Continental AG)
  10. Esbelt
  11. Bando
  12. Mitsuboshi
  13. Nitta
  16. Sparks
  17. YongLi
  18. Wuxi Shun Sheng
  19. Beltar
  20. LIAN DA
  21. Jiangyin TianGuang
  22. Shanghai Beiwen
  23. Contenental
  24. Gates
  25. Bando
  26. Habasit
  27. Dayco
  28. SANLUX

Global Industrial Conveyor and Drive Belt Market Overview

Highlights of The Industrial Conveyor and Drive Belt Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Conveyor Belt
    2. Drive Belt
    3. Others
  1. By Application:

    1. Agriculture
    2. Mining
    3. Food
    4. Construction
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Industrial Conveyor and Drive Belt Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
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 Overview Financials Developments Strategic Outlook
      14.4.2. Habasit Overview Financials Developments Strategic Outlook
      14.4.3. Ammeraal Beltech Overview Financials Developments Strategic Outlook
      14.4.4. Forbo-Siegling Overview Financials Developments Strategic Outlook
      14.4.5. Sampla Overview Financials Developments Strategic Outlook
      14.4.6. Intralox Overview Financials Developments Strategic Outlook
      14.4.7. Volta Belting Overview Financials Developments Strategic Outlook
      14.4.8. Derco Overview Financials Developments Strategic Outlook
      14.4.9. Veyance Technologies(Continental AG) Overview Financials Developments Strategic Outlook
      14.4.10. Esbelt Overview Financials Developments Strategic Outlook
      14.4.11. Bando Overview Financials Developments Strategic Outlook
      14.4.12. Mitsuboshi Overview Financials Developments Strategic Outlook
      14.4.13. Nitta Overview Financials Developments Strategic Outlook
      14.4.14. MARTENS Overview Financials Developments Strategic Outlook
      14.4.15. CHIORINO Overview Financials Developments Strategic Outlook
      14.4.16. Sparks Overview Financials Developments Strategic Outlook
      14.4.17. YongLi Overview Financials Developments Strategic Outlook
      14.4.18. Wuxi Shun Sheng Overview Financials Developments Strategic Outlook
      14.4.19. Beltar Overview Financials Developments Strategic Outlook
      14.4.20. LIAN DA Overview Financials Developments Strategic Outlook

Our Trusted Clients

Contact Us