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(IT-NEWSWIRE.COM, February 06, 2018 ) The conveyor system is the primary part of the material handling system, which plays a crucial role in industrial processes for various applications such as the transformation of heavy materials from one location to another. The most important factor for conveyor system to emerge is automation.
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As there is increasing disposable income, the retail market is expected to witness substantial growth rate, US and Canada are expected to follow China’s trend, which has conveyors as one of the main equipment’s. Many process industries, such as retail, food and beverage, oil & gas, conveyors are used as crucial equipment for the automation system.
Key players in the market include:
• Conitech (continental AG)
• Bridgestone
• Fernnel
• Yokohama
• Habasit
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Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
• A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
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