Growth of belt conveyor systems
17th October 2022Belt conveyors are growing in use and popularity. The belt conveyor market is estimated to reach $10.07 billion by 2025, at a CAGR of 4.5% over the forecast period 2020-2025. In the commercial and civil sector’s businesses are rapidly increasing the implementation of belt conveyors at places like airports, shopping centres, stadiums, and restaurants.
Belt conveyors are highly popular in the manufacturing and packaging industries as well as production plants and with the amount of demand for these products going up, the systems excel at allowing businesses to meet consumer demand and for that reason are more in need in a manufacturing process than ever.
Commonly purchased type of belt conveyors are line shaft roller conveyors, chain conveyors, and a belt conveyor system.