Press release
Global Mat-Style Conveyor Market Industry Analysis, Size, Share, Growth, Trends, Forecast 2016-2024
"The Report Mat-Style Conveyor Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"The mat-style conveyor is primarily employed for carrying large, bulky objects from one point to another. The mat-style conveyor assembles multiple products on the same line. It operates at various speeds such as 40, 60, 100, 125, 165 and 250 feet per minute (FPM).
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The mat-style conveyor offers benefits such as positive belt tracking and smooth transportation, efficient flexibility, and trouble-free performance. It also offers more endurance, reliability and less maintenance than roller conveyors with smoother operations.
The plastic belt mat-style conveyor is expected to dominate the global mat style conveyor market owing to its high impact resistance, easy cleaning, low maintenance, less tipping and product damage owing to stable product flow. The mat-style conveyor offers applications in transporting, combining, turning, filling, labeling, accumulation, merging, diverting and packaging of products. The global market for mat-style conveyor is anticipated to register significant growth rate over the forecast period.
Global Mat-Style Conveyor Market: Drivers and Trends
Increasing need for flexibility in automated assembly processes is the primary driver for the growth of global mat-style conveyor market. Furthermore, growing packaging and food and beverage industry is expected to drive the demand for mat-style conveyor. In addition, growing adoption of automated manufacturing and material handling systems by various industries across the globe is anticipated to boost demand for mat-style conveyors.
Key trends observed in the global mat-style conveyor market are manufacturers of mat-style conveyor are focusing on catering to on-site maintenance of mat-style conveyor and energy cost reduction by use of energy-efficient belts.
Global Mat-Style Conveyor Market: Segmentation
The global mat-style conveyor market is segmented on the basis of product type, chain styles, and end user industry.
On the basis of product type, the global mat-style conveyor market is segmented into:
Plastic belt
Thermoplastic belt
On the basis of chain styles, the global mat-style conveyor market is segmented into:
Flat Top
Friction Top
Open Top
Roller Top
Radius Flush Grid
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On the basis of end user industry, the global mat-style conveyor market is segmented into:
Packaging Industry
Food and Beverage Industry
Pharmaceutical Industry
Automotive Industry
Electronics Industry
Other (Chemical Industry & Paper Industry)
Global Mat-Style Conveyor Market: Regional Outlook
Based on the geographies, the global mat-style conveyor market is segmented into five key regions, namely North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold the maximum market share in terms of value in the global mat-style conveyor market owing to the presence of a number of manufacturers such as Nercon Eng. & Mfg. Inc., Modular Conveyor Express, Dyco, Inc., etc. in the US.
Growing packaging industries in Europe is expected to register decent CAGR over the forecast period. Owing to increasing investments in food and beverage industries in China and Japan, the market in Asia Pacific is anticipated to contribute significantly in the global mat-style conveyor market. Latin America is expected to exhibit favorable growth in the global mat-style conveyor market due to the support of the government and banks to the agriculture sector and food security, resulting in growth of food industry in this region. MEA is anticipated to grow at modest growth rate during the forecast period.
Global Mat-Style Conveyor Market: Key Players
Some of the major players identified in the global mat-style conveyor market include,
Nercon Eng. & Mfg. Inc.
Modular Conveyor Express
Dyco, Inc.
Multi-Conveyor, LLC
Easy Conveyors
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Argentina, Brazil, rest of Latin America)
Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Asia Pacific (China, India, Japan, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC, S. Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
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TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
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