Market Overview:
The global steel belt conveyors 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 steel belt conveyors in various industries such as food, logistics, packaging, agriculture, construction and others. Steel belt conveyors are used for conveying materials over long distances with minimum wear and tear. They are also used for handling fragile items without any damage. These factors are driving the growth of the global steel belt conveyors market. On the basis of type, pre-crusher compactors accounted for a major share of the global steel belt conveyor market in 2017 and is expected to maintain its dominance during the forecast period from 2018 to 2030 owing to their ability to crush large pieces of waste into small fragments before transferring them onto a transport system. On the basis of application, food industry held a major share of the global steel belt conveyor market in 2017 and is expected to maintain its dominance duringthe forecast period from 2018to2030 owingtoits growing demandfrom emerging economies such as Chinaand India .
Product Definition:
Steel belt conveyors are a type of conveyor belt that use steel belts instead of traditional rubber belts. Steel belt conveyors are often used in applications where there is a need for greater durability or resistance to oils and chemicals. They are also used when there is a need to move heavier loads.
Pre-Crusher Compactors:
Pre-crusher compactors are used in the manufacturing of steel products. It is a type of equipment that helps in reducing the size and weight of raw materials such as iron ore, coal, and scrap before they are sent to be crushed into small pieces by a hammer mill.
Transfer Station Compactors:
The transfer station compactors are used to lower the weight of steel products at the belt conveyor. The product is made up of high strength materials and is designed in such a way that it can withstand heavy-duty stress for long term use. It's structure includes a frame, which holds the material and two wheels, one on each side, which makes transportation easy.
Application Insights:
The food industry was the largest application segment in 2016, accounting for over 30% of the global market. The growth can be attributed to increasing demand for packaged foods as well as rising disposable income among consumers in developing countries including India and China.
The logistics industry is anticipated to witness significant growth over the forecast period owing to growing international trade activities coupled with extensive investments being made in various transportation infrastructure projects across major economies including China, Japan and Germany. In addition, favorable government policies regarding development of Logistics Infrastructures are expected to drive investments further driving demand for steel belt conveyors at a CAGR of XX% from 2017 to 2030 globally.
Regional Analysis:
Asia Pacific dominated the global steel belt conveyors market in 2016 and is expected to continue its dominance over the forecast period. The region comprises developing countries such as China, India, Japan, and South Korea. Developed nations such as Australia are also part of this region due to growing trade activities with Asia Pacific nations.
The demand for compactors in North America was valued at USD X million in 2016 owing to increasing construction activities across various industries including food & beverage; logistics; automotive; building & construction materials among others. In addition, rising investments by governments for infrastructural development are anticipated to drive demand over the next eight years.
Europe accounted for a significant share of revenue generation owing to growing waste management practices coupled with stringent government regulations regarding environmental protection from source/s of pollution especially during manufacturing processes or after product usage thereby driving innovation.
Growth Factors:
- Increasing demand for steel belt conveyors from the automotive and manufacturing industries due to the growing need for automation and efficient material handling systems.
- Rising investments in research and development by leading players to develop new and innovative products that can cater to the specific needs of different industries.
- Growing popularity of steel belt conveyors among small-scale businesses due to their low cost, easy installation, and low maintenance requirements.
- Increasing demand for customized steel belt conveyor solutions from various industrial sectors to meet their specific production needs.
- Proliferation of e-commerce platforms that are fueling the growth of automated warehouses, which in turn is driving the demand for steel belt conveyors
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Belt Conveyors Market Research Report
By Type
Pre-Crusher Compactors, Transfer Station Compactors, Mixed Waste Lines
By Application
Food Industry, Logistics Industry, Packaging Industry, Agriculture, Construction, Others
By Companies
Magaldi Group, Master Conveyors, LEWCO Inc., Titan Conveyors, Goessling USA Manufacturing, Mayfran International, Heinrich Brothers, Cardinal Conveyor, Transcon Incorporated
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 Steel Belt Conveyors Market Report Segments:
The global Steel Belt Conveyors market is segmented on the basis of:
Types
Pre-Crusher Compactors, Transfer Station Compactors, Mixed Waste Lines
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 Industry, Logistics Industry, Packaging Industry, Agriculture, 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:
- Magaldi Group
- Master Conveyors
- LEWCO Inc.
- Titan Conveyors
- Goessling USA Manufacturing
- Mayfran International
- Heinrich Brothers
- Cardinal Conveyor
- Transcon Incorporated
Highlights of The Steel 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:
- Pre-Crusher Compactors
- Transfer Station Compactors
- Mixed Waste Lines
- By Application:
- Food Industry
- Logistics Industry
- Packaging Industry
- Agriculture
- 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 Steel 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.
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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?
Steel belt conveyors are a type of industrial conveyor that use steel belts to move materials. They are often used in factories to move large amounts of material quickly and efficiently.
Some of the key players operating in the steel belt conveyors market are Magaldi Group, Master Conveyors, LEWCO Inc., Titan Conveyors, Goessling USA Manufacturing, Mayfran International, Heinrich Brothers, Cardinal Conveyor, Transcon Incorporated.
The steel 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. Steel 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. Steel 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. Steel Belt Conveyors Market - Supply Chain
4.5. Global Steel Belt Conveyors Market Forecast
4.5.1. Steel Belt Conveyors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Belt Conveyors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Belt Conveyors Market Absolute $ Opportunity
5. Global Steel 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. Steel Belt Conveyors Market Size and Volume Forecast by Type
5.3.1. Pre-Crusher Compactors
5.3.2. Transfer Station Compactors
5.3.3. Mixed Waste Lines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel 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. Steel Belt Conveyors Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Logistics Industry
6.3.3. Packaging Industry
6.3.4. Agriculture
6.3.5. Construction
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel 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. Steel 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 Steel 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. Steel 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 Steel Belt Conveyors Demand Share Forecast, 2019-2026
9. North America Steel 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 Steel 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 Steel Belt Conveyors Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Logistics Industry
9.4.3. Packaging Industry
9.4.4. Agriculture
9.4.5. Construction
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Belt Conveyors Market Size and Volume Forecast by Type
9.7.1. Pre-Crusher Compactors
9.7.2. Transfer Station Compactors
9.7.3. Mixed Waste Lines
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 Steel Belt Conveyors Demand Share Forecast, 2019-2026
10. Latin America Steel 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 Steel 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 Steel Belt Conveyors Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Logistics Industry
10.4.3. Packaging Industry
10.4.4. Agriculture
10.4.5. Construction
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Belt Conveyors Market Size and Volume Forecast by Type
10.7.1. Pre-Crusher Compactors
10.7.2. Transfer Station Compactors
10.7.3. Mixed Waste Lines
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 Steel Belt Conveyors Demand Share Forecast, 2019-2026
11. Europe Steel 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 Steel 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 Steel Belt Conveyors Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Logistics Industry
11.4.3. Packaging Industry
11.4.4. Agriculture
11.4.5. Construction
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Belt Conveyors Market Size and Volume Forecast by Type
11.7.1. Pre-Crusher Compactors
11.7.2. Transfer Station Compactors
11.7.3. Mixed Wste Lines
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 Steel Belt Conveyors Demand Share, 2019-2026
12. Asia Pacific Steel 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 Steel 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 Steel Belt Conveyors Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Logistics Industry
12.4.3. Packaging Industry
12.4.4. Agriculture
12.4.5. Construction
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Belt Conveyors Market Size and Volume Forecast by Type
12.7.1. Pre-Crusher Compactors
12.7.2. Transfer Station Compactors
12.7.3. Mixed Waste Lines
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 Steel Belt Conveyors Demand Share, 2019-2026
13. Middle East & Africa Steel 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 Steel 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 Steel Belt Conveyors Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Logistics Industry
13.4.3. Packaging Industry
13.4.4. Agriculture
13.4.5. Construction
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Belt Conveyors Market Size and Volume Forecast by Type
13.7.1. Pre-Crusher Compactors
13.7.2. Transfer Station Compactors
13.7.3. Mixed Waste Lines
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 Steel Belt Conveyors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Belt Conveyors Market: Market Share Analysis
14.2. Steel Belt Conveyors Distributors and Customers
14.3. Steel Belt Conveyors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Magaldi Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Master Conveyors
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LEWCO Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Titan Conveyors
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Goessling USA Manufacturing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mayfran International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Heinrich Brothers
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cardinal Conveyor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Transcon Incorporated
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