North America Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America conveyor belt market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Conveyor belt stands for a continuous moving belt used in several material handling processes. It operates over fixed pulleys and transports objects horizontally or along an inclined slope, between two points. Conveyor belt is efficient, economic and helps in handling wide range of heavy, bulk materials without involving manpower. Owing to these capabilities, the belt is employed in distinctive manufacturing facilities, mines, airports and shopping centers. In addition to this, conveyor belt is also utilized in conveyor transport, namely escalators and travellators.
At present, North America represents one of the leading conveyor belt markets pertaining to increasing demand of automation across diverse industry sectors such as aviation, retail and automotive. Additionally, conveyor belt has numerous applications across pharmaceutical, packaging, food processing and printing industries. Overall maturation of economy, rising automotive industry and escalating infrastructure activities in the region will continue to spur the demand of conveyor belts in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America conveyor belt market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on product type and end-use.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Product Type
Medium-Weight Conveyor Belt
Light-Weight Conveyor Belt
Heavy-Weight Conveyor Belt
Market by End-Use
Mining and Metallurgy
Manufacturing
Chemicals, Oils and Gases
Aviation
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the North America conveyor belt market in 2022?
2. What is the expected growth rate of the North America conveyor belt market during 2023-2028?
3. What has been the impact of COVID-19 on the North America conveyor belt market?
4. What are the key factors driving the North America conveyor belt market?
5. What is the breakup of the North America conveyor belt market based on the product type?
6. What is the breakup of the North America conveyor belt market based on the end-use?
7. What are the key regions in the North America conveyor belt market?
The North America conveyor belt market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Conveyor belt stands for a continuous moving belt used in several material handling processes. It operates over fixed pulleys and transports objects horizontally or along an inclined slope, between two points. Conveyor belt is efficient, economic and helps in handling wide range of heavy, bulk materials without involving manpower. Owing to these capabilities, the belt is employed in distinctive manufacturing facilities, mines, airports and shopping centers. In addition to this, conveyor belt is also utilized in conveyor transport, namely escalators and travellators.
At present, North America represents one of the leading conveyor belt markets pertaining to increasing demand of automation across diverse industry sectors such as aviation, retail and automotive. Additionally, conveyor belt has numerous applications across pharmaceutical, packaging, food processing and printing industries. Overall maturation of economy, rising automotive industry and escalating infrastructure activities in the region will continue to spur the demand of conveyor belts in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America conveyor belt market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on product type and end-use.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Product Type
Medium-Weight Conveyor Belt
Light-Weight Conveyor Belt
Heavy-Weight Conveyor Belt
Market by End-Use
Mining and Metallurgy
Manufacturing
Chemicals, Oils and Gases
Aviation
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the North America conveyor belt market in 2022?
2. What is the expected growth rate of the North America conveyor belt market during 2023-2028?
3. What has been the impact of COVID-19 on the North America conveyor belt market?
4. What are the key factors driving the North America conveyor belt market?
5. What is the breakup of the North America conveyor belt market based on the product type?
6. What is the breakup of the North America conveyor belt market based on the end-use?
7. What are the key regions in the North America conveyor belt market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL CONVEYOR BELT MARKET
5.1Market Performance
5.2Market Breakup by Product Type
5.3Market Breakup by End-Use
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA CONVEYOR BELT MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA CONVEYOR BELT MARKET: BREAKUP BY PRODUCT TYPE
7.1Medium-Weight Conveyor Belt
7.2Light-Weight Conveyor Belt
7.3Heavy-Weight Conveyor Belt
8 NORTH AMERICA CONVEYOR BELT MARKET: BREAKUP BY END-USE
8.1Mining and Metallurgy
8.2Manufacturing
8.3Chemicals, Oils and Gases
8.4Aviation
8.5Others
9 NORTH AMERICA CONVEYOR BELT MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Product Type
9.1.3Market Breakup by End-Use
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Product Type
9.2.3Market Breakup by End-Use
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Product Type
9.3.3Market Breakup by End-Use
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Research and Development
11.3Raw Material Procurement
11.4Manufacturing
11.5Distribution
11.6Export
11.7End-Use
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 COMPETITIVE LANDSCAPE
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL CONVEYOR BELT MARKET
5.1Market Performance
5.2Market Breakup by Product Type
5.3Market Breakup by End-Use
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA CONVEYOR BELT MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA CONVEYOR BELT MARKET: BREAKUP BY PRODUCT TYPE
7.1Medium-Weight Conveyor Belt
7.2Light-Weight Conveyor Belt
7.3Heavy-Weight Conveyor Belt
8 NORTH AMERICA CONVEYOR BELT MARKET: BREAKUP BY END-USE
8.1Mining and Metallurgy
8.2Manufacturing
8.3Chemicals, Oils and Gases
8.4Aviation
8.5Others
9 NORTH AMERICA CONVEYOR BELT MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Product Type
9.1.3Market Breakup by End-Use
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Product Type
9.2.3Market Breakup by End-Use
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Product Type
9.3.3Market Breakup by End-Use
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Research and Development
11.3Raw Material Procurement
11.4Manufacturing
11.5Distribution
11.6Export
11.7End-Use
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 COMPETITIVE LANDSCAPE
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
LIST OF TABLES
Table 1: North America: Conveyor Belt Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Conveyor Belt Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: North America: Conveyor Belt Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
Table 4: North America: Conveyor Belt Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 5: North America: Conveyor Belt Market: Competitive Structure
Table 6: North America: Conveyor Belt Market: Key Players
Table 1: North America: Conveyor Belt Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Conveyor Belt Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: North America: Conveyor Belt Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
Table 4: North America: Conveyor Belt Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 5: North America: Conveyor Belt Market: Competitive Structure
Table 6: North America: Conveyor Belt Market: Key Players
LIST OF FIGURES
Figure 1: North America: Conveyor Belt Market: Major Drivers and Challenges
Figure 2: Global: Conveyor Belt Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 5: Global: Conveyor Belt Market: Breakup by Region (in %), 2022
Figure 6: Global: Conveyor Belt Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: North America: Conveyor Belt Market: Sales Value (in Billion US$), 2017-2022
Figure 8: North America: Conveyor Belt Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: North America: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 10: North America: Conveyor Belt (Medium-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: North America: Conveyor Belt (Medium-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: North America: Conveyor Belt (Light-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: North America: Conveyor Belt (Light-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: North America: Conveyor Belt (Heavy-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: North America: Conveyor Belt (Heavy-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: North America: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 17: North America: Conveyor Belt (Mining and Metallurgy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: North America: Conveyor Belt (Mining and Metallurgy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: North America: Conveyor Belt (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: North America: Conveyor Belt (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: North America: Conveyor Belt (Chemicals, Oils and Gases) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: North America: Conveyor Belt (Chemicals, Oils and Gases) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: North America: Conveyor Belt (Aviation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: North America: Conveyor Belt (Aviation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: North America: Conveyor Belt (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: North America: Conveyor Belt (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Conveyor Belt Market: Breakup by Country (in %), 2022
Figure 28: United States: Conveyor Belt Market: Sales Value (in Million US$), 2017-2022
Figure 29: United States: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 30: United States: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 31: United States: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Conveyor Belt Market: Sales Value (in Million US$), 2017-2022
Figure 33: Canada: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 34: Canada: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 35: Canada: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Mexico: Conveyor Belt Market: Sales Value (in Million US$), 2017-2022
Figure 37: Mexico: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 38: Mexico: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 39: Mexico: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Conveyor Belt Industry: SWOT Analysis
Figure 41: North America: Conveyor Belt Industry: Value Chain Analysis
Figure 42: North America: Conveyor Belt Industry: Porter’s Five Forces Analysis
Figure 1: North America: Conveyor Belt Market: Major Drivers and Challenges
Figure 2: Global: Conveyor Belt Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 5: Global: Conveyor Belt Market: Breakup by Region (in %), 2022
Figure 6: Global: Conveyor Belt Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: North America: Conveyor Belt Market: Sales Value (in Billion US$), 2017-2022
Figure 8: North America: Conveyor Belt Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: North America: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 10: North America: Conveyor Belt (Medium-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: North America: Conveyor Belt (Medium-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: North America: Conveyor Belt (Light-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: North America: Conveyor Belt (Light-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: North America: Conveyor Belt (Heavy-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: North America: Conveyor Belt (Heavy-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: North America: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 17: North America: Conveyor Belt (Mining and Metallurgy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: North America: Conveyor Belt (Mining and Metallurgy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: North America: Conveyor Belt (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: North America: Conveyor Belt (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: North America: Conveyor Belt (Chemicals, Oils and Gases) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: North America: Conveyor Belt (Chemicals, Oils and Gases) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: North America: Conveyor Belt (Aviation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: North America: Conveyor Belt (Aviation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: North America: Conveyor Belt (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: North America: Conveyor Belt (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Conveyor Belt Market: Breakup by Country (in %), 2022
Figure 28: United States: Conveyor Belt Market: Sales Value (in Million US$), 2017-2022
Figure 29: United States: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 30: United States: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 31: United States: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Conveyor Belt Market: Sales Value (in Million US$), 2017-2022
Figure 33: Canada: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 34: Canada: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 35: Canada: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Mexico: Conveyor Belt Market: Sales Value (in Million US$), 2017-2022
Figure 37: Mexico: Conveyor Belt Market: Breakup by Product Type (in %), 2022
Figure 38: Mexico: Conveyor Belt Market: Breakup by End-Use (in %), 2022
Figure 39: Mexico: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Conveyor Belt Industry: SWOT Analysis
Figure 41: North America: Conveyor Belt Industry: Value Chain Analysis
Figure 42: North America: Conveyor Belt Industry: Porter’s Five Forces Analysis
