Mat-Style Conveyor Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
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). 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
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
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