Electric Motors For Conveyor System Market Growth, Trends, Absolute Opportunity and Value Chain 2017-2027

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Electric Motors For Conveyor System Market
Size, Analysis, and Forecast Report 2017-2027
June 2017
Report Id : REP-GB-3407
Status : Ongoing
Category : Industrial Automation and
Equipment
©2015 Future Market Insights, All Rights
Reserved
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Research Methodology (1/2)
Systematic Research Approach
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Market profiling
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Formulating discussion guide
3
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Data collection
Data validation
Data analysis
Insights
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In-depth secondary research is
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Data
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Market participants
Key strengths
Product portfolio
Mapping as per value
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Key focus segments
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Products
Conclusions
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Factiva
GBI
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Meltwater
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3
Electric Motors For Conveyor System Market
The use of conveyor systems as material handling equipment has emerged as the
backbone of industries in multiple sectors, as it enables quick and efficient
transportation of a wide variety of material. Conveyor systems are now highly
advanced and are capable of handling multiple complex operations. With the
increasing adoption of automation in the manufacturing sector, conveying systems
have become an important part of material handling and find applications in
automotive, transportation and logistics, packaging, food processing and other
industries. A conveyor motor imparts the motive force behind the operation of a
conveyor system; it conveys the desired motion of the belt according to the
transportation need. Motors are among the important components of conveyor
systems, and different types of conveyor motors are required in different areas of
application, depending on various factors, such as power source, type of
movement/operation, and load, to name a few. Ongoing advancements in the
conveying industry and increasing transition towards automation are expected to
cause a significant technology upsurge in conveyor motors. The market for electric
conveyor motors is expected to witness positive growth at a steady intensity over
the forecast period. The market analysis on electric motors for conveyor systems
covers various types of conveyor systems, including roller conveyors, belt conveyors,
chain conveyors, wheel, flat bed, magnetic, etc., which find application in various
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Electric Motors For Conveyor System Market
end-use industries including mining and metallurgy, construction, power generation,
industrial production, commercial, and logistics & transportation.
Electric Motors for Conveyor System Market: Dynamics
Continuously rising demand for handling large volume of goods and performing
complex conveying operations is expected to drive growth of electric motors for
conveyor system market. Further, healthy growth of end-use industries is another
factor that could create significant demand for electric motors for conveyor systems.
For instance, increase in the number of new airport projects across the globe, rising
demand for vehicles resulting in establishment of new production facilities, growing
online sales of consumer products that require proper warehousing and
transportation, and an increase in the demand for packed foods are few of the
factors forecasted to supplement the demand for electric motors for conveyor
systems in the long run.
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Electric Motors For Conveyor System Market
Electric Motors for Conveyor System Market: Segmentation
The global electric motors for conveyor system market can be segmented on the
basis of product type, power output, phase type, end-use industry and region.
By product type, the global electric motors for conveyor system market can be
classified into:
AC Motors
Gear motors
Brushless DC Motors
Stepper & Servo Motors
By power output, the global electric motors for conveyor system market can be
classified into:
Less than 1 kW
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Electric Motors For Conveyor System Market
1 to 100 kW
More than 100 kW
By phase type, the global electric motors for conveyor system market can be
classified into:
Single Phase
Three Phase
By end-use Industry, the global electric motors for conveyor system market can be
classified into:
Mining & Metallurgy Industry
Construction Industry
Power Generation Industry
Industrial Production
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Electric Motors For Conveyor System Market
Commercial
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Logistics and Material Handling Industry
Electric Motors for Conveyor System Market: Region-Wise Outlook
By region, developing countries are anticipated to be opportunistic markets for
electric motors for conveyor systems. Developing countries in the Asia Pacific region
have witnessed noteworthy upsurge in industrial and infrastructural investments,
which create prospects for new conveying projects. Countries, such as India, China,
South Korea and Japan pose significant opportunities for market growth. North
America and Europe are expected to witness growth in the market, owing to
increasing transition of manufacturers towards automation, which in turn will require
complex conveying operations. Outlook for the Latin America market for electric
motors for conveying systems remains neutral, and the market in the region is
expected to witness marginal growth, which predominantly will be attributed to the
growth of industrial production in the region.
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Electric Motors For Conveyor System Market
Electric Motors for Conveyor System Market: Market Participants
Examples of some of the market participants identified in the market of electric
motors for conveyor system market are:
ABB Group (Baldor Electric Company), Siemens AG, Power Electric (PE), Nord Gear
Corporation, Bodine Electric Company, Oriental Motor U.S.A. Corp., Great Lakes
Belting, Bonfiglioli Riduttori S.p.A
Altra Industrial Motion
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rket
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