North America Conveyor Belt Market Report 2022-2027

According to the latest report by IMARC Group, titled “North America Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the North America conveyor belt market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.39% during 2022-2027.

Industry Outlook:

A conveyor belt is a product handling system designed to move materials, supplies, and components using an effortless and efficient process that saves time, cost, and energy. It includes two continuous moving, motorized pulleys with the conveyor material looped over them. The pulleys move in the same direction and operate at the same speed to activate the motion of the conveyor belt. Roller bed, flat belt, cleated, curved, and incline are some common product offerings. Conveyor belt helps in handling a wide range of bulky, heavy materials without the use of manpower. As a result, it is witnessing significant demand across manufacturing facilities, shopping centers, mines, and airports.

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North America Conveyor Belt Market Trends and Drivers:

The growing demand for automation across the aviation, automotive, and retail sectors represent one of the primary factors accelerating the market growth in North America. Additionally, increasing infrastructure activities and the rising product application across the pharmaceutical, food processing, packaging, and printing industries are creating a positive outlook for the market. Moreover, key market players are investing heavily in advanced technologies to introduce new, eco-friendly conveyer belts with self-cleaning properties to increase their consumer base, which is bolstering the market growth. Besides this, the surging consumer awareness about the safety of commercial food products and the rising adoption of conveyor belts in warehouses and distribution centers are driving the market growth in the region.

Competitive Landscape with Key Players:

The competitive landscape of the North America conveyor belt market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Highlights of the Market Segmentation:

The report has segmented the North America conveyor belt market on the basis of product type, end-use  and country.

Breakup by Product Type:

Breakup by End-Use:

Breakup by Country:

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Key Highlights of the Report:

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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