The global market
for conveying equipment was valued at USD 30.76 billion in 2011 and
is expected to reach USD 34.71 billion by 2018, growing at a CAGR
of 1.8% from 2012 to 2018.
Browse the full
report at U.S. Conveying Equipment Market - Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2012 - 2018
http://www.transparencymarketresearch.com/conveying-equipment-market.html
Introduction of mass
production and assembly line methodologies in different industries
has been boosting the demand for conveyors, and in turn fuelling the
conveyor equipment demand. The increasing demand for automotives
coupled with growing need for customized conveying equipments are
also expected to bolster the global market. However, fluctuating
demand from the durable goods industry has a profound impact on the
conveying equipment market. The durable goods industry is affected by
macroeconomic factors such as inflation rate, economic output, and
GDP among others which are expected to hamper the market growth. The
rising trend of e-commerce with a paradigm shift in distribution of
products from the merchant to client together with growth in food and
beverage industry that requires horizontal production and movement of
goods are expected to create new opportunities for the market in the
next five years.
Unit handling
equipment emerged as the biggest product segment and accounted for
44.9% of the total conveying equipment market in 2011. These
equipments are used for both manufacturing and shipping of materials
which makes them one of the fundamental requirements for any
industry. Parts and attachments segment is expected to be the fastest
growing conveying equipment at an estimated CAGR of 2.2% from 2012 to
2018. Parts and attachments are both end products as well as
intermediate products hence expected to grow at higher rate. The
global market for bulk handling equipment is expected to exceed a
market worth USD 11.1 billion by 2018.
Europe dominated the
conveying equipment market and accounted for 35.9% of the total
market in 2011. Presence of large number of automobile manufacturers
mainly in Germany, Italy and France has been contributing to the
growth of conveying equipment market in Europe. North America market
is expected to reach USD 8,457.8 million by 2018. The U.S. market was
the largest contributor to the conveying equipment market of North
America and had revenue earning of USD 6,618.2 million in 2011. Asia
Pacific is expected to be the fastest growing market for conveying
equipment at an estimated CAGR of 2.3% from 2012 to 2018. The growing
industrial production mainly in China and India is expected to drive
the market over the forecast period.
Request for
customization of this report
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1489
The U.S. conveying
equipment market was dominated by unit handling equipment sharing 33%
of the total market in 2011. The market for unit handling equipment
in the U.S. is expected to exceed USD 3,452.3 million by 2018. Parts
and attachments market in the U.S. is expected to grow at a CAGR of
2.3% from 2012 to 2018.
Conveying equipment
market is highly fragmented as top three companies had almost equal
market shares in 2011. Major participants in order to achieve
sustainable growth are focusing on product differentiation and
innovation which would help companies achieve brand loyalty as they
provide innovative and quality oriented products according to the
customized industrial needs. The key participants in the industry
include Dematic, Fenner Dunlop, Intelligrated Inc., Nordstrong
Equipment Ltd., Rexnord, Sandvik AB and Webster Industries among
others.
Global
Conveying Equipment Market: Product Segment Analysis
Unit
handling
Bulk
handling
Parts and
attachments
Global
Conveying Equipment Market: Regional Analysis
North
America
Europe
Asia Pacific
Rest of the
World
U.S.
Conveying Equipment Market: Product Segment Analysis
Unit
handling
Bulk
handling
Parts and
attachments
U.S.
Conveying Equipment Market: Application Analysis
Durable
goods
Non-durable
goods
Other
Manufacturing goods (Including mining, construction, etc.)
Browse all
Chemical Industry Research Reports @
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market
Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers. We are privileged with
highly experienced team of Analysts, Researchers, and Consultants,
who use proprietary data sources and various tools and techniques to
gather, and analyze information.
Our data repository
is continuously updated and revised by a team of research experts, so
that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
Contact
Sheela AK
90 Sate Street,
Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll
Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
0 comments:
Post a Comment