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Asia Pacific Conveyor System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by System Type (Overhead, Floor, Roller, Belt, and Others), Belt Type (Light, Medium, and Heavy), and Industry (Food and Beverage, Automotive, Airports, Logistics, Metals and Mining, and Others)

Code: TIPRE00017295 | Pages: 147 | Industry: Manufacturing and Construction | Date: Dec 2020
Covid

Market Introduction

India, China, Japan, Australia, and South Korea are among the prime contributors to the APAC conveyor system market. Stable economies and technological advancements support the growth of various markets in the region. Growing industrialization and availability of low-cost labor is encouraging gigantic multinational companies to move their plant operations in the Asian market, especially in countries such as China and India, which are the manufacturing hubs of APAC. The ongoing growth of manufacturing industries in Asian economies is anticipated to create lucrative opportunities for conveyor system providers.

AMETEK Land, Durr Systems, Inc., Daifuku Co. Ltd., and Neo Conveyors are few of the companies catering to the demand for conveyor systems in APAC. The abilities of these companies to address the complex needs of various industries help boost the adoption of conveyor systems. As food & beverage, electronics, manufacturing, electronics, and logistics are critical industries in Asia, they are the prime adopters of conveyor systems, such as belt conveyors, sortation systems, palletizing system in the region. Also, digital enhancements leading rise to new growth opportunities for conveyor system market surges the growth of the APAC conveyor system market.

Furthermore, COVID-19 is pandemic is having a negative impact over APAC region. APAC is characterized by a large number of developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a major growth driving region for various markets, including the conveyor system. Many online shoppers and the growing e-commerce sector in this region present a huge opportunity for the growth of the APAC conveyor system market. Due to the pandemic, social distancing and staying home have pushed the consumers towards online shopping. The outbreak of coronavirus impacted the logistics industry, owing to the uncertainty in the supply chain. The logistics supply chains are mainly strained by the pandemic and factory closures in China. The lockdown of various factories in China affects the supply chains and negatively impacts the manufacturing and sales of various products and services. However, the demand for new warehouse spaces is growing in the region since pharmaceuticals and supermarkets, and online retailers struggle to rise amid COVID-19. In order to ensure inventory levels are sufficient and to meet the demand for supermarkets, vendors are keeping higher amounts of merchandise in stock, hence, surging the demand for warehouse space. The mounting demand for goods brought online, especially food, would also fuel the need for distribution facilities. Thereby propelling market growth.

Market Overview and Dynamics

The conveyor system market in APAC is expected to grow from US$ 2,971.31 million in 2019 to US$ 4,934.40 million by 2027; it is estimated to grow at a CAGR of 6.9% from 2020 to 2027.  The e-commerce industry is one of the mature industries in APAC and is growing at an unprecedented adoption rate. The rising e-commerce industries in APAC is thriving in the business for conveyor systems. The conveyor system is one of the significant components of e-commerce for managing products such as poly bags, padded envelopes, totes, cases, and cartons. In the e-commerce business, conveyor system providers offer upgraded technology, scalability & flexibility, and efficiency to the end users. The rising usage of online retailing and changing consumer behavior toward purchasing are positively impacting the adoption of conveyor systems. If the consumers buy something online and decide to return it back because of some reason, the consumer anticipate the return process to be as rapid and convenient as the purchase process. For such processes, vendors require conveyor systems to move those products effectively.

Key Market Segments

In terms of system type, the belt segment accounted for the largest share of the APAC conveyor system market in 2019. In terms of belt type, the medium segment held a larger market share of the APAC conveyor system market in 2019. Further, the others segment held a substantial share of the APAC conveyor system market based on end user industry in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the conveyor system market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Daifuku Co., Ltd.; DEMATIC; Emerson Electric Co.; Honeywell Intelligrated; Interroll Holding, GmbH; Siemens AG; SSI Schäfer; Swisslog; TGW Logistics Group; Vanderlande Industries B.V.

Reasons to buy report

  • To understand the APAC conveyor system market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC conveyor system market
  • Efficiently plan M&A and partnership deals in APAC conveyor system market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC conveyor system market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in APAC region.

APAC Conveyor system Market Segmentation

APAC Conveyor system Market - By Deployment Type

  • Cloud
  • On-Premises

APAC Conveyor system Market - By Enterprise Size

  • Large Enterprises
  • SMEs

APAC Conveyor system Market - By End-Use Industry

  • IT and Telecommunication
  • BFSI
  • Government
  • Manufacturing
  • Others

APAC Conveyor system Market - By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Conveyor system Market - Company Profiles

  • Daifuku Co., Ltd.
  • DEMATIC
  • Emerson Electric Co.
  • Honeywell Intelligrated
  • Interroll Holding GmbH
  • Siemens AG
  • SSI Schäfer
  • Swisslog
  • TGW Logistics Group
  • Vanderlande Industries B.V.

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           APAC Conveyor System Market Landscape

4.1         Market Overview

4.2         APAC PEST Analysis

4.3         Ecosystem Analysis

5.           APAC Conveyor System Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rise in Demand of Conveyor Systems Due to Growth in E-commerce Industry

5.1.2        Escalating Demand for Conveyor Systems Owing to Huge Vehicle Production

5.2         Market Restraints

5.2.1        Mining Activities Raising Environmental Concerns

5.3         Market Opportunities

5.3.1        Digital Enhancements Leading Rise to New Growth Opportunities for Conveyor System

5.4         Future Trends

5.4.1        Manufacturing Sector to Adopt Adoption of Industrial 4.0

5.5         Impact Analysis of Drivers and Restraints

6.           Conveyor System Market – APAC Analysis

6.1         APAC Conveyor System Market Overview

6.2         APAC Conveyor System Market – Revenue, and Forecast to 2027 (US$ Million)

6.3         Market Positioning – Market Players Ranking

7.           APAC Conveyor System Market Analysis – By System Type

7.1         Overview

7.2         APAC Conveyor System Market Breakdown, by System Type, 2019 & 2027

7.3         Overhead

7.3.1        Overview

7.3.2        Overhead: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

7.4         Floor

7.4.1        Overview

7.4.2        Floor: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

7.5         Roller

7.5.1        Overview

7.5.2        Roller: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

7.6         Belt

7.6.1        Overview

7.6.2        Belt: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

7.7         Others

7.7.1        Overview

7.7.2        Others: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

8.           APAC Conveyor System Market Analysis – By Belt Type

8.1         Overview

8.2         APAC Conveyor System Market Breakdown, by Belt Type, 2019 & 2027

8.3         Light

8.3.1        Overview

8.3.2        Light: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

8.4         Medium

8.4.1        Overview

8.4.2        Medium: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

8.5         Heavy

8.5.1        Overview

8.5.2        Heavy: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

9.           APAC Conveyor System Market Analysis – By Industry

9.1         Overview

9.2         APAC Conveyor System Market Breakdown, by Industry, 2019 & 2027

9.3         Food & Beverage

9.3.1        Overview

9.3.2        Food & Beverage: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

9.4         Automotive

9.4.1        Overview

9.4.2        Automotive: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

9.5         Airports

9.5.1        Overview

9.5.2        Airports: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

9.6         Logistics

9.6.1        Overview

9.6.2        Logistics: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

9.7         Metals and Mining

9.7.1        Overview

9.7.2        Metals and Mining: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

9.8         Others

9.8.1        Overview

9.8.2        Others: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

10.        APAC Conveyor System Market – Country Analysis

10.1      Overview

10.1.1     APAC: Conveyor System Market , by Key Country

10.1.1.1       China: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       China: Conveyor System Market, by System Type

10.1.1.1.2       China: Conveyor System Market, by Belt Type

10.1.1.1.3       China: Conveyor System Market, by Industry

10.1.1.2       India: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       India: Conveyor System Market, by System Type

10.1.1.2.2       India: Conveyor System Market, by Belt Type

10.1.1.2.3       India: Conveyor System Market, by Industry

10.1.1.3       Japan: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       Japan: Conveyor System Market, by System Type

10.1.1.3.2       Japan: Conveyor System Market, by Belt Type

10.1.1.3.3       Japan: Conveyor System Market, by Industry

10.1.1.4       South Korea: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.4.1       South Korea: Conveyor System Market, by System Type

10.1.1.4.2       South Korea: Conveyor System Market, by Belt Type

10.1.1.4.3       South Korea: Conveyor System Market, by Industry

10.1.1.5       Australia: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.5.1       Australia: Conveyor System Market, by System Type

10.1.1.5.2       Australia: Conveyor System Market, by Belt Type

10.1.1.5.3       Australia: Conveyor System Market, by Industry

10.1.1.6       Rest of APAC: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.6.1       Rest of APAC: Conveyor System Market, by System Type

10.1.1.6.2       Rest of APAC: Conveyor System Market, by Belt Type

10.1.1.6.3       Rest of APAC: Conveyor System Market, by Industry

11.        Impact of COVID-19 Pandemic on APAC Conveyor System Market

11.1      APAC: Impact assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Product Development

12.4      Merger and Acquisition

13.        Company Profiles

13.1      Daifuku Co., Ltd.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Dematic

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Emerson Electric Co.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Honeywell Intelligrated

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Interroll Holding GmbH

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Siemens AG

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      SSI Schafer

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Swisslog Holding AG

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      TGW Logistics Group

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Vanderlande Industries B.V.

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

             14.2      Word Index

LIST OF TABLES

Table 1.             APAC Conveyor System Market – Revenue, and Forecast to 2027 (US$ Million)

Table 2.             China: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)

Table 3.             China: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)

Table 4.             China: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 5.             India: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)

Table 6.             India: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)

Table 7.             India: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Japan: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Japan: Conveyor System Market, by Belt Type – Revenue and Forecast to 2027 (US$ Million)

Table 10.          Japan: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 11.          South Korea: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)

Table 12.          South Korea: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)

Table 13.          South Korea: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 14.          Australia: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)

Table 15.          Australia: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)

Table 16.          Australia: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Rest of APAC: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)

Table 18.          Rest of APAC: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)

Table 19.          Rest of APAC: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)

Table 20.            List of Abbreviation

LIST OF FIGURES

Figure 1.           APAC Conveyor System Market Segmentation

Figure 2.           APAC Conveyor System Market Segmentation – By Country

Figure 3.           APAC Conveyor System Market Overview

Figure 4.           APAC Conveyor System Market, by Country

Figure 5.           APAC Conveyor System Market, by System Type

Figure 6.           APAC Conveyor System Market, by Belt Type

Figure 7.           APAC – PEST Analysis

Figure 8.           APAC Conveyor System Market – Ecosystem Analysis

Figure 9.           APAC Conveyor System Market Impact Analysis of Drivers and Restraints

Figure 10.        APAC : Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        APAC Conveyor System Market Breakdown, by System Type (2019 and 2027)

Figure 12.        APAC Overhead: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Floor: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 14.        APAC Roller: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 15.        APAC Belt: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 16.        APAC Others: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 17.        APAC Conveyor System Market Breakdown, by Belt Type (2019 and 2027)

Figure 18.        APAC Light: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

Figure 19.        APAC Medium: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 20.        Heavy: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 21.        APAC Conveyor System Market Breakdown, by Industry (2019 and 2027)

Figure 22.        APAC Food & Beverage: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)

Figure 23.        APAC Automotive: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 24.        APAC Airports: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 25.        APAC Logistics: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 26.        APAC Metals and Mining: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 27.        APAC Others: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)

Figure 28.        APAC: Conveyor System Market Revenue Share, by Key Country (2019 and 2027)

Figure 29.        China: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)

Figure 30.        India: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)

Figure 31.        Japan: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)

Figure 32.        South Korea: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)

Figure 33.        Australia: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)

Figure 34.        Rest of APAC: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)

Figure 35.          Impact of COVID-19 Pandemic in APAC Country Markets

Some of the leading companies are:

  1. Daifuku Co., Ltd.
  2. DEMATIC
  3. Emerson Electric Co.
  4. Honeywell Intelligrated
  5. Interroll Holding GmbH
  6. Siemens AG
  7. SSI Schäfer
  8. Swisslog
  9. TGW Logistics Group
  10. Vanderlande Industries B.V.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC conveyor system market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC conveyor system market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the conveyor system market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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