Conveying Equipment Market – The New Ways to Win in Emerging Markets Forecast to 2027
Stratview Research, a global market research firm announces the release of the report titled – Conveying Equipment Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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According to this report, the global Conveying Equipment Market is estimated to growth at a healthy CAGR of 5% by 2027.
Market Segments Analysis
The market researchers have studied the Conveying Equipment Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -
Key Players
Beumer Group GmbH & Co.
Caterpillar Inc.
Daifuku Co. Ltd.
Fenner Group Holdings Ltd.
Fives Group
Flexlink
Intelligrated, Inc.
Jungheinrich AG
Kardex Group
Kion Group AG.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Conveying Equipment Market value and growth drivers over the trend period of 2022-27. According to the report -
Conveying equipment market is likely to witness a steady CAGR of 3.7% during the forecast period. The prime factor that is contributing to the demand for conveying equipment is the growing adoption of automation in various industries across the globe.
Based on Product Type:
Based on the product type, the market is segmented as bulk handling equipment, unit handling equipment, and parts & attachments. The bulk handling equipment segment held the largest share of the market in 2021, and is expected to remain dominant during the forecast period, owing to the utility in conveying materials such as cement, coal, chemicals, and others.
Based on Region:
In terms of regions, Asia-Pacific is estimated to contribute for the largest market share during the forecast period. The Asia-Pacific’s market is expected to grow with a lucrative CAGR due to the rapid industrialization especially in food & beverages, e-commerce, and automotive sectors in countries such as India, China, Indonesia, South Korea, Thailand, and Malaysia. North America and Europe are also expected to offer sizeable market opportunities during the forecast period.
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What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
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About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
