Zion Market Research Global Conveyor Systems Market , 2015–2021 | Page 3

Conveyor Systems Market
this, in turn, is expected to drive the global market. Improved speedy transport of material
via conveyor belt is boosting the market. Modern industries are moving towards gearless
designs and energy-efficient conveyor systems for improved performance. This is also
anticipated to foster the conveyor systems market. Steel is an important aspect of the
conveyor system market. Thus, its increasing cost may hamper the growth of the market.
The global conveyor systems market is segmented on the basis of conveyor type as the
pallet, tri-planar, sorter conveyor, belt, overhead conveyors, spiral conveyors, roller,
crescent conveyor, and others. Out of which, conveyor belt segment is the most demanding
in the market. Based on the end-user application, the conveyor systems market is further
segmented as the airport, mail logistics, automotive, retail, and food & beverage. In the
automotive sector, major applications of conveyor system are painted shop, Assembly line,
body shop, and others.
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Europe accommodated for the highest market share owing to vast distribution channel in
the conveyor systems market. Owing to significant growth in the food and beverage,
automotive, retail, and many industries, Asia Pacific is expected to fuel the growth of the
market. Moreover, improving economies such as Mexico and Brazil are anticipated to
witness the fastest growth in the Latin America region for conveyor systems market.
Some of the major players dominating the global conveyor systems market are Swisslog
Holding AG, Taikisha Ltd., Emerson Electric Co., Interroll Holding Ltd., Dematic Group S.r.l.,
Interroll Holding Ltd., and SSI Schfer AG. Other key players influencing the global market