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North America Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The North America conveyor belt market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2 Billion by 2027, exhibiting a growth rate (CAGR) of 4.39% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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 sub-segment of the North America conveyor belt market report, along with forecasts at the regional and country level from 2022-2027. 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
       

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, End-Use, Country
Countries Covered United States, Canada, Mexico
Customization Scope 10% Free Customization
Report Price and Purchase Option

Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Conveyor Belt Market
    5.1    Market Performance
    5.2    Market Breakup by Product Type
    5.3    Market Breakup by End-Use 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6   North America Conveyor Belt Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast 
7   North America Conveyor Belt Market: Breakup by Product Type 
    7.1    Medium-Weight Conveyor Belt
    7.2    Light-Weight Conveyor Belt
    7.3    Heavy-Weight Conveyor Belt
8   North America Conveyor Belt Market: Breakup by End-Use 
    8.1    Mining and Metallurgy
    8.2    Manufacturing
    8.3    Chemicals, Oils and Gases
    8.4    Aviation
    8.5    Others
9   North America Conveyor Belt Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Product Type
     9.1.3    Market Breakup by End-Use 
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Product Type 
     9.2.3    Market Breakup by End-Use 
     9.2.4    Market Forecast
    9.3   Mexico
     9.3.1    Historical Market Trends
     9.3.2    Market Breakup by Product Type 
     9.3.3    Market Breakup by End-Use 
     9.3.4    Market Forecast
10  SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis 
    11.1    Overview
    11.2    Research and Development
    11.3    Raw Material Procurement
    11.4    Manufacturing
    11.5    Distribution
    11.6    Export
    11.7    End-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
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of 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$), 2016-2021
Figure 3: Global: Conveyor Belt Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Conveyor Belt Market: Breakup by End-Use (in %), 2021
Figure 5: Global: Conveyor Belt Market: Breakup by Region (in %), 2021
Figure 6: Global: Conveyor Belt Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: North America: Conveyor Belt Market: Sales Value (in Billion US$), 2016-2021
Figure 8: North America: Conveyor Belt Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: North America: Conveyor Belt Market: Breakup by Product Type (in %), 2021
Figure 10: North America: Conveyor Belt (Medium-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: North America: Conveyor Belt (Medium-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: North America: Conveyor Belt (Light-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: North America: Conveyor Belt (Light-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: North America: Conveyor Belt (Heavy-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: North America: Conveyor Belt (Heavy-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: North America: Conveyor Belt Market: Breakup by End-Use (in %), 2021
Figure 17: North America: Conveyor Belt (Mining and Metallurgy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: North America: Conveyor Belt (Mining and Metallurgy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: North America: Conveyor Belt (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: North America: Conveyor Belt (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Conveyor Belt (Chemicals, Oils and Gases) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Conveyor Belt (Chemicals, Oils and Gases) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: North America: Conveyor Belt (Aviation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: North America: Conveyor Belt (Aviation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: North America: Conveyor Belt (Other End-Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: North America: Conveyor Belt (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Conveyor Belt Market: Breakup by Country (in %), 2021
Figure 28: United States: Conveyor Belt Market: Sales Value (in Million US$), 2016-2021
Figure 29: United States: Conveyor Belt Market: Breakup by Product Type (in %), 2021
Figure 30: United States: Conveyor Belt Market: Breakup by End-Use (in %), 2021
Figure 31: United States: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Conveyor Belt Market: Sales Value (in Million US$), 2016-2021
Figure 33: Canada: Conveyor Belt Market: Breakup by Product Type (in %), 2021
Figure 34: Canada: Conveyor Belt Market: Breakup by End-Use (in %), 2021
Figure 35: Canada: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Mexico: Conveyor Belt Market: Sales Value (in Million US$), 2016-2021
Figure 37: Mexico: Conveyor Belt Market: Breakup by Product Type (in %), 2021
Figure 38: Mexico: Conveyor Belt Market: Breakup by End-Use (in %), 2021
Figure 39: Mexico: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
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

List of Tables

Table 1: North America: Conveyor Belt Market: Key Industry Highlights, 2021 and 2027
Table 2: North America: Conveyor Belt Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: North America: Conveyor Belt Market Forecast: Breakup by End-Use (in Million US$), 2022-2027
Table 4: North America: Conveyor Belt Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 5: North America: Conveyor Belt Market: Competitive Structure
Table 6: North America: Conveyor Belt Market: Key Players


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Key Questions Answered in This Report

The North America conveyor belt market was valued at US$ 1.5 Billion in 2021.

 

We expect the North America conveyor belt market to exhibit a CAGR of 4.39% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of conveyor belts across diverse sectors, such as food and beverages, packaging, logistics, etc., to automate numerous operations and limit human interaction for reducing the risk of coronavirus infection across several North American nations.

The emerging trend of industrial automation, along with the growing demand for advanced conveyor belts with self-cleaning properties, improved operational costs, high energy-efficiency, etc., is primarily driving the North America conveyor belt market.

Based on the product type, the North America conveyor belt market has been segregated into medium-weight conveyor belt, light-weight conveyor belt, and heavy-weight conveyor belt. Among these, medium-weight conveyor belt currently holds the largest market share.

 

Based on the end-use, the North America conveyor belt market can be bifurcated into mining and metallurgy, manufacturing, chemicals, oils and gases, aviation, and others. Currently, the mining and metallurgy sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into United States, Canada, and Mexico, where United States currently dominates the North America conveyor belt market.

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