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(Transportation-News.com, November 05, 2016 ) Market overview of conveyer systems in the US
The US is a steadily growing region in the global material handling market. Its growth drives the demand for conveyer systems in the region. Technavios market research analysts predict the global conveyer systems market in the US to reach close to USD 10 billion in revenues by 2019.
Major customers of conveyor systems in the US range across multiple manufacturing industries and sectors where goods are handled. The rapid growth of manufacturing activities in process and discrete manufacturing industries is also a key growth driver for this market. Various process industries such as F&B, oil and gas, and petrochemicals use conveyor equipment to goods at various stages such as processing, packaging, and assembling.
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Conveyor systems market in US by type of equipment
Unit handling systems
Conveyer components
Bulk handling systems
Based on the key findings of this research report, a decline in the market share of bulk handling systems is anticipated during the forecast period. It is attributed to the rapid growth of the other two segments, especially the conveyor components segment.
Growing demand from mining and manufacturing industries
The growing complexity in the supply chain process with regards to transportation and handling of materials in manufacturing and mining industries has surged the adoption of conveyor systems in the SCM process.
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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Segmentation by product
Roller conveyor systems
Belt conveyor systems
Overhead conveyor systems
Pallet conveyor systems
Other conveyor systems
PART 07: Market segmentation by type of equipment
Conveyor systems market in the US by type of equipment
Unit handling systems market in the US
Bulk handling systems market in the US
Conveyor components market in the US
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
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