Curve Roller Conveyor Market Forecasts to 2030 – Global Analysis By Product Type (Flexible Curve Conveyors, Gravity Curve Roller Conveyors, Powered Curve Roller Conveyors and Other Product Types), Material, Application, End User and By Geography
According to Stratistics MRC, the Global Curve Roller Conveyor Market is growing at a CAGR of 7.5% during the forecast period. The industry that deals with the manufacturing, supplying, and using of curve roller conveyors—which are crucial parts of material handling systems—is known as the curve roller conveyor market. Curve roller conveyors are made of curved sections that allow products to be moved efficiently around curves and corners in an industrial setting. They offer versatility, depending on certain operational requirements, because they can be motorized or gravity-driven. The industry includes the production and modification of curve roller conveyor systems to meet the diverse needs of various industries.
According to the World Health Organization (WHO), in February 2020, the International Committee on Taxonomy of Viruses (ICTV) has given the name to SARS-CoV-2 virus as ‘COVID-19’ also called as ‘novel coronavirus’. Thus, in March 2020, the WHO declared it as ‘COVID-19 Pandemic’.
Market Dynamics:Driver:Focus on operational efficiency
Streamlined material handling procedures are becoming more and more important to industries in an effort to boost productivity and reduce expenses. Curve roller conveyors are essential for optimizing operations in manufacturing, distribution, and logistics facilities because of their ability to convey cargo around curves and corners with simplicity. Additionally, these conveyors help to maintain a consistent and organized flow of materials while lowering the need for manual handling and the possibility of errors.
Restraint:High initial costs
While these conveyors provide cutting-edge features and advanced technology for effective material handling, there may be a significant upfront cost. This financial obstacle might be especially difficult for startups or companies with small capital expenditures. However, the expenses cover the cost of the curve roller conveyor system as well as its installation, integration with the current infrastructure, and possible staff training.
Opportunity:Technological developments
Material handling efficiency has been transformed by ongoing innovation in conveyor system design, control mechanisms, and integration with Industry 4.0 principles. Curve roller conveyors are rendered more capable by smart technologies, which include sensors, automation, and data analytics. These technologies enable real-time monitoring, predictive maintenance, and seamless integration into complex production environments. The use of sophisticated control systems enables accurate and flexible material handling, enhancing industry production and overall efficiency. Furthermore, the appeal of technologically advanced curve roller conveyors becomes essential to achieving higher throughput, reducing downtime, and ensuring a more responsive and interconnected material handling infrastructure as businesses anticipate modernizing their manufacturing and logistics operations.
Threat:Integration challenges
Curve roller conveyor systems frequently require being fully integrated with larger industrial automation systems as well as existing conveyor technology. It can be difficult to achieve this integration since it involves software changes, compatibility problems, and possible interruptions to ongoing operations. The wide range of conveyor systems in use across industries raises the standard as companies work to develop an integrated and interoperable infrastructure for material handling. Overcoming integration obstacles may require system-wide changes, careful consideration, and cooperation with automation experts.
Covid-19 Impact:
Due to sudden interruptions in global supply chains, travel restrictions, and economic uncertainty, curve roller conveyor system production, logistics, and project timeframes were delayed. Businesses that were suffering financially during the epidemic showed prudence when it came to capital investments, which affected the market for new conveyor systems. Curve roller conveyors, particularly those that support logistics and fulfillment operations, have found opportunities as a result of the growing emphasis on automation and a rise in demand for e-commerce and distribution services.
The flexible curve conveyors segment is expected to be the largest during the forecast period
Due to their modularity and flexibility, which enable them to negotiate bends and curves while preserving a steady and continuous flow of materials, flexible curve conveyors obtained the largest share of the market. They are especially useful in settings where space efficiency is essential because of their capacity to adapt flexibly to various layouts while ensuring the effective movement of products. Moreover, flexible-curve conveyors improve the overall efficiency and adaptability of material handling processes by meeting the changing needs of industries like manufacturing, shipping, and e-commerce. They are versatile enough to handle a range of load capacities and product sizes.
The baggage handling segment is expected to have the highest CAGR during the forecast period
Baggage Handling segment is expected to have the highest CAGR during the projection period. Conveyor belts have been designed to efficiently navigate around bends and turns, ensuring the continuous passage of luggage through airports and other transit centers. Curve roller conveyors eliminate the possibility of delays and errors by improving luggage handling procedures' accuracy and speed through sophisticated automation and intelligent control systems. Additionally, these conveyors' ergonomic design reduces the possibility of luggage damage while keeping throughput high. The need for dependable and effective baggage handling solutions is growing along with the travel sector, which implies that enhancing the overall operational efficiency and passenger happiness of airports needs the curve roller conveyor segment.
Region with largest share:
Asia Pacific region dominated the largest share. Growing urbanization, booming e-commerce, and growing industrialization are driving the curve roller conveyor market's rapid expansion in the Asia Pacific region. The region's production and distribution operations have led to an increase in the need for effective material handling solutions, such as curve roller conveyors. Asia Pacific industries are implementing advanced conveyor systems to optimize supply chain efficiency, reduce costs associated with transportation, and boost overall production. These systems make it easier for goods to move smoothly through the supply chain at different locations.
Region with highest CAGR:
Because of the region's robust manufacturing and logistics sectors, rising automation patterns, and technological innovations, North America is expected to experience profitable growth. The necessity for effective material handling solutions in a variety of industries, including the automotive, e-commerce, and food and beverage sectors, is driving the need for curve roller conveyors. Companies in North America are investing in advanced conveyor systems with an emphasis on supply chain process optimization in order to improve operational efficiency and meet the growing demands for modern logistics.
Key players in the marketSome of the key players in Curve Roller Conveyor market include Bastian Solutions, Beumer Group, Bosch Rexroth AG, Daifuku Co., Ltd., Emerson Electric Co, Honeywell Intelligrated, Hytrol Conveyor Company, Inc., Interroll Holding AG, Murata Machinery, Ltd., Regal Beloit Corporation, Ryson International, Inc, Shuttleworth, LLC, Siemens AG, Swisslog Holding AG, Vanderlande Industries B.V. and Viastore Systems GmbH.
Key Developments:In November 2023, Siemens AG to acquire 18% stake in Siemens India for €2.1 billion. The purchase price reflects a customary discount of 15% on the five-trading-days volume weighted average price before the day of the signing. Siemens will also provide no new guarantees to Siemens Energy.
In November 2023, Siemens to Invest $510 Million in US, Build New Texas Plant. The investments will focus on growing data-center, semiconductor and battery manufacturing.
Product Types Covered:
• Flexible Curve Conveyors
• Gravity Curve Roller Conveyors
• Powered Curve Roller Conveyors
• Other Product Types
Materials Covered:
• Aluminium
• Stainless Steel
• Other Materials
Applications Covered:
• Baggage Handling
• Material Handling
• Sorting and Distribution
• Other Applications
End Users Covered:
• Automotive Manufacturing
• E-commerce and Retail
• Food and Beverage Processing
• Pharmaceuticals
• Logistics Industry
• Chemical Industry
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements