Conveyor systems market is influenced by various factors such as industrial expansion, modernization and technological advancement. Conveyor systems play an important role by minimizing the production cycle time. Earlier, limited conveyor belt types were available, but with the advancement of technology and change in demand, the conveyor systems market has drastically transformed.
Automation has become an integral part of every industries for which conveyor systems are used. Conveyor systems are mechanical equipment, which find applications in various industries such as automotive, retail, airport and food & beverages. Whether it is an existing structure or new manufacturing facility, ramping up production without planning can lead to work place congestion.
Earlier, belt and roller conveyor systems generated significant demand, but with change in industry demand and requirement of high efficiency, better customized conveyor systems are launched in the market. Now a days, companies manufacture combination of conveyor systems, which is then integrated to a single conveyor system. Many manufacturers are upgrading their facilities with advanced conveyor system technologies in order to increase their efficiency.
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Belt loaders/conveyors are the most commonly used conveyor systems. Belt conveyors can handle loads of any size and shape over a moving platform for production and process work. Belt conveyors are less expensive power conveyors. Belt conveyors are of various types according to their application such as slider bed and roller bed. These belt conveyors help to improve productivity and efficiency of facility.
Additionally, the growing demand from industries such as manufacturing, power and mining will increase the demand for belt conveyors. Owing to high competition, these industries depend on efficient techniques to maintain their production costs. With the help of conveyor systems, manufacturers are able to reduce their inventory level, thereby reducing costs.
At present, many manufacturing sites are equipped with conveyor systems. The expansion of baggage handling (airport), automotive, retail sector and food & beverages industry have spurred the demand for conveyor system. A large number of food processing and automotive plants are expanding their manufacturing sites and establishing new as well. Similarly, many domestic and international airports have increased their passenger and baggage handling capacity. Also, now days the retail sector has become much more organized. Therefore, these factors altogether increase the demand for conveyor systems.
Conveyors and Belt Loaders: Dynamics The adoption of lean manufacturing and just-in-time delivery worldwide act as primary factors that drive demand of conveyor systems. Also, rise in demand for automation and increase in number of industries will spur the demand of conveyor systems. However, high initial investments and lack of flexibility are restraining the growth of conveyors and belt loaders market.
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