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(IT-NEWSWIRE.COM, August 04, 2018 ) Introduction:
Conveyer belts are primarily employed for carrying objects, from one point to another. The belts typically comprise two or more pulleys to rotate a belt in continuous circles. The material to be transported in placed on the belt and is carried to the end point on the belt. Commonly, two pulleys are employed for functioning of one conveyor belt one of the pulleys is rotated and it drives the other pulley while it is rotating. The belts are generally used for transportation in close distances, generally within a building.
Scope of the Global Conveyor Belts Market Report
This report focuses on the Conveyor Belts in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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The worldwide market for Conveyor Belts is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 9240 million US$ in 2023, from 7780 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global manufactures mainly distributed in APAC. Demand for conveyor belt is profoundly dependent on increase in industrial investments in a region. Therefore, macroeconomic factors such as GDP growth are among major growth drivers for conveyor belt market. APAC dominates the global demand market for conveyor belts and the trend is anticipated to continue for a foreseeable future. Increasing industrial investment in India and China has been among foremost factor driving demand for conveyor belt in Asia Pacific.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly, investors are still optimistic about this area; the future will still have more new investment enter the field.
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This report covers Analysis of Global Conveyor Belts Market Segment by Manufacturers
Continental AG
Bridgestone
Habasit
Ammeraal Beltech
Forbo Movement Systems
Fenner
Yokohama
Intralox
Zhejiang Double Arrow
Bando
Mitsuboshi Belting
Baoding Huayue
Zhejiang Sanwei
YongLi
Shandong Phoebus
Wuxi Boton
Zhangjiagang Huashen
HSIN YUNG
Fuxin Shuangxiang
Anhui Zhongyi
QingDao Rubber Six
Hebei Yichuan
Smiley Monroe
Global Conveyor Belts Market Segment by regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Global Conveyor Belts Market Segment by Type
Heavy weight Conveyer Belt
Light Weight Conveyer Belt
Global Conveyor Belts Market Segment by Applications, can be divided into
Mining
Industrial
Food Production Industry
Agriculture
Logistics/warehousing
Construction
Other
Some of the Points cover in Global Conveyor Belts Market Research Report is:
Chapter 1: Describe Conveyor Belts Industry
Introduction,
Product Scope,
Market Overview,
Market Opportunities,
Market Risk,
Market Driving Force
Chapter 2: To analyze the top manufacturers of Conveyor Belts Industry in 2016 and 2017
Sales
Revenue and price
Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017
Sales
Revenue and market share
Chapter 4: Global Conveyor Belts Market by regions from 2013 to 2018
Sales
Revenue and market share
Chapter 5, 6, 7 and 8: Global Conveyor Belts Market by key countries in these regions
Sales
Revenue and market share
Chapter 9 and 10: Global Conveyor Belts Market by type and application from 2013 to 2018
Sales
Revenue and market share
Growth rate
Chapter 11:Conveyor Belts Industry Market forecast from 2018 to 2023
Regions
Type and application with sales and revenue
Chapter 12 and 13:Conveyor Belts Industry
Sales channel
Distributors
Traders and dealers
Appendix
Data source
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