North America Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

North America Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • December 2019 •
  • 86 pages •
  • Report ID: 5834375 •
  • Format: PDF
The North America conveyor belt market reached a value of US$ 1.63 Billion in 2018. Conveyor belt stands for a continuous moving belt used in several material handling processes. It operates over fixed pulleys and transports objects horizontally or along an inclined slope, between two points. Conveyor belt is efficient, economic and helps in handling wide range of heavy, bulk materials without involving manpower. Owing to these capabilities, the belt is employed in distinctive manufacturing facilities, mines, airports and shopping centers. In addition to this, conveyor belt is also utilized in conveyor transport, namely escalators and travellators.

At present, North America represents one of the leading conveyor belt markets pertaining to increasing demand of automation across diverse industry sectors such as aviation, retail and automotive. Additionally, conveyor belt has numerous applications across pharmaceutical, packaging, food processing and printing industries. Overall maturation of economy, rising automotive industry and escalating infrastructure activities in the region will continue to spur the demand of conveyor belts in the upcoming years. Looking forward, the analyst expects the market to reach a value of US$ 1.94 Billion by 2024, registering a CAGR of nearly 3% during 2019-2024.

Report Scope:
North America Conveyor Belt Market

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by Product Type
Medium-Weight Conveyor Belt
Light-Weight Conveyor Belt
Heavy-Weight Conveyor Belt

Market by End-Use
Mining and Metallurgy
Manufacturing
Chemicals, Oils and Gases
Aviation
Others

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America conveyor belt market performed so far and how will it perform in the coming years?
What are the key regions in the North America conveyor belt market?
What is the breakup of the North America conveyor belt market on the basis of product type?
What is the breakup of the North America conveyor belt market on the basis of end-use?
What are the various stages in the value chain of the North America conveyor belt industry?
What are the key driving factors and challenges in the North America conveyor belt industry?
What is the structure of the North America conveyor belt industry and who are the key players?
What is the degree of competition in the North America conveyor belt industry?

Report Coverage:
Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Currency: US$
Geography Covered: North America, United States Canada and Mexico
Segments Covered: Product Type and End-Use

Report Customization: Although the analyst has tried to cover everything in the North America conveyor belt market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.