Belt Conveyor Type is Estimated to Hold the Largest Conveyor System Market in Airport Industry

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Conveyor Market by Industry (Retail, Food
Beverage Meat, Poultry Dairy, Automotive, and
Airport), Type (Overhead, Floor, Roller, Pallet,
Crescent, Belt), Belt Type (Light, Medium, and
Heavy Weight Belt), Region - Global Forecast to
2021
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Belt conveyors would be the largest segment of
the market for conveyor systems used in the
retail industry The belt conveyor type is
expected to dominate the retail industry conveyor
system market. Belt conveyors are made of one or
more layers of material and run in an endless
loop. They are easy to maintain and are suitable
for linear running. Power belt conveyor types are
being used in certain retail industries as they
help to increase productivity, easily integrate
with the companys existing automation system and
work efficiently. PDF Brochure
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Airports to be the fastest growing segment in the
conveyor system market, by industry The airport
segment is projected to grow at the highest CAGR
during the forecast period. The demand for
conveyor systems in the airport industry is
influenced by the increase in the number of
terminal expansions, growing number of airports,
rise in passenger traffic, and increasing
necessity of efficient baggage transportation.
People now prefer travelling by air to save time,
thus, increasing passenger traffic at airports.
Asia-Oceania is expected to be the largest market
for conveyor system application in airports due
to the increased passenger traffic in countries
such as China, and India. Request for
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The dairy subsegment of the food and beverage
industry conveyor system market is estimated to
grow at the fastest CAGR during the forecast
period. According to the European Food Drink
industry statistics, the dairy industry accounted
for 14 of the total revenue of the food and
beverage segment which include meat products,
drinks, bakery products and others. Dairy
products include cheese, butter, milk, curd, and
others which need conveyor systems to maintain
proper hygiene. Currently, the dairy industry
prefers steel belts over traditional plastic and
PU conveyor systems. Request Sample _at_
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Asia-Oceania to grow at the highest CAGR during
the forecast period Asia-Oceania is estimated
to dominate the conveyor system market, and is
projected to grow at the highest CAGR during the
forecast period. The growth in Asia-Oceania is
attributed to the improving socio-economic
conditions in emerging economies such as China,
India, Indonesia, and Thailand. Factors such as
reduced human effort, increased efficiency, and
decreased product loss, are driving the demand
for conveyor systems. For countries like India
and Japan, the consumption pattern of the people
is changing. The rising middle class population
has meant that the need for conveyor systems are
increasing in order to cater to these
consumers. Speak to analyst _at_
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Market Ecosystem The conveyor system ecosystem
consists of conveyor system manufacturers such as
Siemens AG (Germany), Daifuku Co., Ltd. (Japan),
Vanderlande Industries B.V. (The Netherlands) and
these conveyor systems are supplied to major OEMs
in the automotive industry such as Nissan
(Japan), and Tesla Motors (U.S.) among others,
retail stores such as Wal-Mart (U.S.), and Costco
Wholesale Corporation (U.S.) among others, food
and beverage industries such as Mars (U.K.), and
Unilever (U.K.) among others,  and the airport
sector. Buy Now https//www.marketsandmarke
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Browse gtgt 94 market data
tables 78 figures
186 pages and in-depth TOC  Conveyor
Market by Industry (Retail, Food Beverage
Meat, Poultry Dairy, Automotive, and Airport),
Type (Overhead, Floor, Roller, Pallet, Crescent,
Belt), Belt Type (Light, Medium, and Heavy Weight
Belt), Region - Global Forecast to 2021 Early
buyers will receive 10 customization on this
report. This study answers several questions
for the stakeholders, primarily which market
segments to focus on in the next two to five
years to prioritize efforts and investments.
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