Overhead Conveyor Market Report: Trends, Forecast and Competitive Analysis to 2030

Overhead Conveyor Market Report: Trends, Forecast and Competitive Analysis to 2030

Overhead Conveyor Trends and Forecast

The future of the global overhead conveyor market looks promising with opportunities in the e-commerce/retail, logistic, and production process markets. The global overhead conveyor market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rise in mining operations, growing demand for efficient and reliable material handling equipment, and expanding usage of this product in various industries, such as automotive, pharmaceuticals, food and beverages, and logistics.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Overhead Conveyor by Segment

The study includes a forecast for the global overhead conveyor by function, technology, automation grade, application, and region.

Overhead Conveyor Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• Process Link
• Process Decoupling
• Buffering/Storage
• Sorting
• Sequencing

Overhead Conveyor Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Pouch Sorter
• Power & Free System

Overhead Conveyor Market by Automation Grade [Shipment Analysis by Value from 2018 to 2030]:

• Manual
• Semi-Automatic
• Automatic

Overhead Conveyor Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• E-Commerce/Retail
• Logistics
• Production Processes
• Others

Overhead Conveyor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Overhead Conveyor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies overhead conveyor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the overhead conveyor companies profiled in this report include-

• SSI SCHAEFER
• Dematic
• TGW LOGISTICS GROUP
• Vanderlande Industries
• Dürkopp Fördertechnik
• Daifuku
• Ferag
• psb intralogistics
• Jiangsu Huazhang Logistics Technology
• PACLINE OVERHEAD CONVEYORS

Overhead Conveyor Market Insights

Lucintel forecasts that process link will remain the largest segment over the forecast period.

Within this market, e-commerce/retail will remain the largest segment over the forecast period.

APAC will remain the largest region over the forecast period.

Features of the Global Overhead Conveyor Market

Market Size Estimates: Overhead conveyor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Overhead conveyor market size by various segments, such as by function, technology, automation grade, application, and region in terms of value ($B).

Regional Analysis: Overhead conveyor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different functions, technologies, automation grades, applications, and regions for the overhead conveyor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the overhead conveyor market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the overhead conveyor market size?

Answer: The global overhead conveyor market is expected to reach an estimated $2.5 billion by 2030.

Q2. What is the growth forecast for overhead conveyor market?

Answer: The global overhead conveyor market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the overhead conveyor market?

Answer: The major drivers for this market are rise in mining operations, growing demand for efficient and reliable material handling equipment, and expanding usage of this product in various industries, such as automotive, pharmaceuticals, food and beverages, and logistics.

Q4. What are the major segments for overhead conveyor market?

Answer: The future of the overhead conveyor market looks promising with opportunities in the e-commerce/retail, logistic, and production process markets.

Q5. Who are the key overhead conveyor market companies?

Answer: Some of the key overhead conveyor companies are as follows:

• SSI SCHAEFER
• Dematic
• TGW LOGISTICS GROUP
• Vanderlande Industries
• Dürkopp Fördertechnik
• Daifuku
• Ferag
• psb intralogistics
• Jiangsu Huazhang Logistics Technology
• PACLINE OVERHEAD CONVEYORS

Q6. Which overhead conveyor market segment will be the largest in future?

Answer: Lucintel forecasts that process link will remain the largest segment over the forecast period.

Q7. In overhead conveyor market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the overhead conveyor market by function (process link, process decoupling, buffering/storage, sorting, and sequencing), technology (pouch sorter and power & free system), automation grade (manual, semi-automatic, and automatic), application (e-commerce/retail, logistics, production processes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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