Global Conveyor Belt Market 2020-2024

Global Conveyor Belt Market 2020-2024

Technavio has been monitoring the conveyor belt market and it is poised to grow by $ 1.38 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on conveyor belt market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for automation in material handling, rising aging population and increasing need for cost-reduction. In addition, increasing demand for automation in material handling is anticipated to boost the growth of the market as well.

The conveyor belt market analysis includes type segment and geographic landscapes

Technavio's conveyor belt market is segmented as below:

By Type

  • Medium-weight
  • Light-weight
  • Heavy-weight
By Geographic Landscapes
  • APAC
  • North America
  • Europe
  • South America
  • MEA
This study identifies the increasing demand for steel cord conveyor belts as one of the prime reasons driving the conveyor belt market growth during the next few years. Also, growing construction industry and increasing demand from mining industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our conveyor belt market covers the following areas:
  • Conveyor belt market sizing
  • Conveyor belt market forecast
  • Conveyor belt market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading conveyor belt market vendors that include Bando Chemical Industries Ltd., Bridgestone Corp., Continental AG, Daifuku Co. Ltd., Emerson Electric Co., FIVES Group, Goodyear Rubber Products Inc., Honeywell International Inc., Kossan Rubber Industries Bhd, Michelin Group, MRF Ltd., Siemens AG, Taikisha Ltd., Vanderlande Industries BV, and Yokohama Rubber Co. Ltd.. Also, the conveyor belt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis - Industrial machinery market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Medium-weight - Market size and forecast 2019- 2024
      • Table Medium-weight - Market size and forecast 2019-2024 ($ million)
      • Table Medium-weight - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Medium-weight - Year-over-year growth 2019-2024 (%)
    • Light-weight - Market size and forecast 2019-2024
      • Table Light-weight - Market size and forecast 2019-2024 ($ million)
      • Table Light-weight - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Light-weight - Year-over-year growth 2019-2024 (%)
    • Heavy-weight - Market size and forecast 2019- 2024
      • Table Heavy-weight - Market size and forecast 2019-2024 ($ million)
      • Table Heavy-weight - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Heavy-weight - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for automation in material handling
      • Rising aging population
      • Increasing need for cost-reduction
    • Market challenges
      • Storage and handling challenges of conveyor belts
      • Environmental challenges on conveyor belts
      • Fluctuating costs of raw materials
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing demand for steel cord conveyor belts
      • Growing construction industry
      • Increasing demand from mining industry
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bando Chemical Industries Ltd.
      • Table Bando Chemical Industries Ltd. - Overview
      • Table Bando Chemical Industries Ltd. - Business segments
      • Table Bando Chemical Industries Ltd. - Key offerings
      • Table Bando Chemical Industries Ltd. - Segment focus
    • Bridgestone Corp.
      • Table Bridgestone Corp. - Overview
      • Table Bridgestone Corp. - Business segments
      • Table Bridgestone Corp. - Key offerings
      • Table Bridgestone Corp. - Key news
      • Table Bridgestone Corp. - Segment focus
    • Continental AG
      • Table Continental AG - Overview
      • Table Continental AG - Business segments
      • Table Continental AG - Key offerings
      • Table Continental AG - Segment focus
    • Daifuku Co. Ltd.
      • Table Daifuku Co. Ltd. - Overview
      • Table Daifuku Co. Ltd. - Business segments
      • Table Daifuku Co. Ltd. - Key news
      • Table Daifuku Co. Ltd. - Key offerings
      • Table Daifuku Co. Ltd. - Segment focus
    • Emerson Electric Co.
      • Table Emerson Electric Co. - Overview
      • Table Emerson Electric Co. - Business segments
      • Table Emerson Electric Co. - Key offerings
      • Table Emerson Electric Co. - Segment focus
    • FIVES Group
      • Table FIVES Group - Overview
      • Table FIVES Group - Business segments
      • Table FIVES Group - Key offerings
      • Table FIVES Group - Segment focus
    • Goodyear Rubber Products Inc.
      • Table Goodyear Rubber Products Inc. - Overview
      • Table Goodyear Rubber Products Inc. - Product and service
      • Table Goodyear Rubber Products Inc. - Key news
      • Table Goodyear Rubber Products Inc. - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • Kossan Rubber Industries Bhd
      • Table Kossan Rubber Industries Bhd - Overview
      • Table Kossan Rubber Industries Bhd - Business segments
      • Table Kossan Rubber Industries Bhd - Key offerings
      • Table Kossan Rubber Industries Bhd - Segment focus
    • Michelin Group
      • Table Michelin Group - Overview
      • Table Michelin Group - Business segments
      • Table Michelin Group - Key news
      • Table Michelin Group - Key offerings
      • Table Michelin Group - Segment focus
    • MRF Ltd.
      • Table MRF Ltd. - Overview
      • Table MRF Ltd. - Business segments
      • Table MRF Ltd. - Key offerings
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • Taikisha Ltd.
      • Table Taikisha Ltd. - Overview
      • Table Taikisha Ltd. - Business segments
      • Table Taikisha Ltd. - Key offerings
      • Table Taikisha Ltd. - Segment focus
    • Vanderlande Industries BV
      • Table Vanderlande Industries BV - Overview
      • Table Vanderlande Industries BV - Product and service
      • Table Vanderlande Industries BV - Key news
      • Table Vanderlande Industries BV - Key offerings
    • Yokohama Rubber Co. Ltd.
      • Table Yokohama Rubber Co. Ltd. - Overview
      • Table Yokohama Rubber Co. Ltd. - Business segments
      • Table Yokohama Rubber Co. Ltd. - Key offerings
      • Table Yokohama Rubber Co. Ltd. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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