North America Conveyor Belt Market Size, Share, Demand and Report 2022-2027
The growing demand for automation across the aviation, automotive, and retail sectors represent one of the primary factors accelerating the market growth in North America.
According to the latest report by IMARC Group, titled “North America Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the North America conveyor belt market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.39% during 2022-2027.
A conveyor belt is a product handling system designed to move materials, supplies, and components using an effortless and efficient process that saves time, cost, and energy. It includes two continuous moving, motorized pulleys with the conveyor material looped over them. The pulleys move in the same direction and operate at the same speed to activate the motion of the conveyor belt. Roller bed, flat belt, cleated, curved, and incline are some common product offerings. Conveyor belt helps in handling a wide range of bulky, heavy materials without the use of manpower. As a result, it is witnessing significant demand across manufacturing facilities, shopping centers, mines, and airports.
Note: We are updating our reports, If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours.
Download Free Sample of the Report: https://www.imarcgroup.com/north-america-conveyor-belt-market/requestsample
North America Conveyor Belt Market Trends and Drivers:
The growing demand for automation across the aviation, automotive, and retail sectors represent one of the primary factors accelerating the market growth in North America. Additionally, increasing infrastructure activities and the rising product application across the pharmaceutical, food processing, packaging, and printing industries are creating a positive outlook for the market. Moreover, key market players are investing heavily in advanced technologies to introduce new, eco-friendly conveyer belts with self-cleaning properties to increase their consumer base, which is bolstering the market growth.
Besides this, the surging consumer awareness about the safety of commercial food products and the rising adoption of conveyor belts in warehouses and distribution centers are driving the market growth in the region.
Competitive Landscape with Key Players:
The competitive landscape of the North America conveyor belt market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Highlights of the Market Segmentation:
The report has segmented the North America conveyor belt market on the basis of product type, end-use and country.
Breakup by Product Type:
Medium-Weight Conveyor Belt
Light-Weight Conveyor Belt
Heavy-Weight Conveyor Belt
Breakup by End-Use:
Mining and Metallurgy
Chemicals, Oils and Gases
Breakup by Country:
Explore Full Report Description At: https://www.imarcgroup.com/north-america-conveyor-belt-market
Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
About the Creator
Hi Guys My name is Rahul Gautam and I am a Business Consultant Market Intelligence in the company named P&S Intelligence. I have 7 years of work experience. You can contact me at my personal number for any query at +1-888-778-7886
There are no comments for this story
Be the first to respond and start the conversation.