Overhead Conveyor Market Size, Share, Growth, Trends, Demand and Opportunity Analysis
Overhead Conveyor Market Size, Share, Growth, Trends, Demand and Opportunity Analysis
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Overhead Conveyor Market – Industry Trends and Forecast to 2028
Global Overhead Conveyor Market, By Product Type (I-Beam Trolley Conveyors, Enclosed Track Conveyors and Others), Application (Construction, Industrial, Oil and Gas, Transportation and Others), Function (Process Link, Process Decoupling, Buffering/ Storage, Sorting and Sequencing), Technology (Pouch Sorter and Power and Free System), Capacity (Up to 1000 items/H, 1000-10000 items/H and >10000 items/H), Weight (0-3 kg, 3-5 kg, 5-10 kg, 10-20 kg and 20-50 kg), Sales Channel (Direct and Via Main Contractors), Automation Grade (Manual, Semi-Automatic and Automatic), Country (U.S., copyright, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Growing focus on the technological advancements by the major manufacturers, rising up gradation of existing infrastructure with advanced systems, increasing need and demand for handling larger volumes of goods and growing focus on enhancing the productivity are the major factors attributable to the growth of overhead conveyor market. Data Bridge Market Research analyses that the overhead conveyor market will exhibit a CAGR of 5.10% for the forecast period of 2021-2028. Therefore, the overhead conveyor market value, which was USD 812,452.10 million in 2020, would rocket up to USD 1,209,537.93 million by 2028.
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**Segments**
- **Type:**
- Belt
- Slat
- Chain
- Power & Free
- Others
- **Load Capacity:**
- Up to 100 kg
- 100-500 kg
- Above 500 kg
- **Application:**
- Automotive
- Food & Beverage
- Retail & E-commerce
- Aerospace
- Others
**Market Players**
- Daifuku Co., Ltd.
- Fives
- Eisenmann SE
- Durr AG
- TGW Logistics Group
- BEUMER Group
- Dorner Mfg. Corp.
The global overhead conveyor market is witnessing significant growth due to the increasing demand for efficient material handling solutions in various industries. The market is segmented based on type, load capacity, and application. In terms of types, belt conveyors are widely used for transporting goods in manufacturing plants, while slat conveyors offer durability and flexibility. Chain conveyors are preferred for heavy-duty applications, and power & free conveyors provide a high level of automation. Load capacity segments include conveyors with capacities up to 100 kg, between 100-500 kg, and above 500 kg. The application segments cover industries such as automotive, food & beverage, retail & e-commerce, and aerospace, among others.
Key market players driving the growth of the overhead conveyor market include Daifuku Co., Ltd., a leading provider of material handling systems known for its innovative conveyor solutions. Fives specializes in designing and supplying overhead conveyors for various industries, while Eisenmann SE offers custom conveyor systems tailored to specific customer requirements. Durr AG is known for its advanced automation technologies in material handling, and TGW Logistics Group provides comprehensive intralogistics solutions, including overhead conveyors. BEUMER Group and Dorner Mfg. Corp. are also prominent players in the market known for their high-quality conveyor systems.
https://www.databridgThe global overhead conveyor market is poised for robust growth in the coming years as industries continue to prioritize efficient material handling solutions to streamline operations and enhance productivity. The market segmentation based on type, load capacity, and application provides a comprehensive view of the diverse needs and requirements of various sectors. Belt conveyors, known for their versatility and reliability, are extensively used in manufacturing plants for transporting goods along production lines. Slat conveyors, with their sturdy construction and adaptability to different product shapes and sizes, cater to industries seeking durable material handling solutions.
Chain conveyors, designed for heavy-duty applications requiring robust material transport capabilities, find applications in sectors such as automotive and aerospace where the movement of large and heavy components is essential. Power & free conveyors, offering a high degree of automation and flexibility in material flow management, are favored by industries looking to optimize their production processes. The load capacity segmentation further refines the market offerings, catering to the varying needs of businesses with conveyors capable of handling different weight ranges efficiently.
The application segments highlight the widespread adoption of overhead conveyors across diverse industries, showcasing the versatility and adaptability of these systems. In the automotive sector, overhead conveyors play a crucial role in the assembly and transportation of vehicle components within manufacturing facilities. The food & beverage industry relies on overhead conveyors for efficient product handling, ensuring smooth operations and adherence to strict quality standards. Retail & e-commerce companies benefit from the use of overhead conveyors in warehousing and distribution centers to streamline order fulfillment processes and enhance customer satisfaction.
The aerospace industry leverages overhead conveyors for the handling of aircraft parts and components, emphasizing the precision and reliability of these systems in critical operations. Other applications across sectors such as logistics, pharmaceuticals, and electronics underscore the widespread utility of overhead conveyors in modern industrial settings. Key market players, including Daifuku Co., Ltd., Fives, Eisenmann SE, Durr AG, TGW Logistics Group, BEUMER Group, and Dorner Mfg. Corp**Global Overhead Conveyor Market Analysis**
- **Segments**
The global overhead conveyor market is experiencing substantial growth driven by the increasing demand for efficient material handling solutions across various industries. The market is segmented based on type, load capacity, and application. Belt conveyors are widely used in manufacturing for their versatility, while slat conveyors offer durability and flexibility. Chain conveyors cater to heavy-duty applications, and power & free conveyors provide high automation levels. Load capacity segments range from conveyors handling up to 100 kg to those capable of handling loads above 500 kg. Application segments cover diverse industries such as automotive, food & beverage, retail & e-commerce, and aerospace, among others.
- **Market Players**
Key market players propelling the growth of the overhead conveyor market include Daifuku Co., Ltd., known for innovative conveyor solutions. Fives specializes in overhead conveyors for various industries, while Eisenmann SE offers custom conveyor systems. Durr AG is recognized for advanced automation technologies, and TGW Logistics Group provides comprehensive intralogistics solutions. BEUMER Group and Dorner Mfg. Corp. are also prominent players offering high-quality conveyor systems.
- **Global Overhead Conveyor Market, By Product Type (I-Beam Trolley Conveyors, Enclosed Track Conveyors and Others), Application (Construction, Industrial, Oil and Gas, Transportation and Others), Function (Process Link, Process Decoupling, Buffering/ Storage, Sorting and Sequencing), Technology (
Key Coverage in the Overhead Conveyor Market Report:
- Detailed analysis of Global Overhead Conveyor Market by a thorough assessment of the technology, product type, application, and other key segments of the report
- Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
- Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
- Comprehensive analysis of the regions of the Overhead Conveyor industry and their futuristic growth outlook
- Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Overhead Conveyor Market Landscape
Part 04: Global Overhead Conveyor Market Sizing
Part 05: Global Overhead Conveyor Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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