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Chain Conveyors Market Share

Report ID: GMI11526
Published Date: Sep 2024
Report Format: PDF

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Chain Conveyors Market Share

Global Chain Conveyors Company Market Share Analysis, 2023

The chain conveyors industry is moderately consolidated, with several regional and local companies operating on a global scale. Together these companies hold a market share of 45-50% of the total market. These companies are investing heavily in research and development to create innovative and technologically advanced products. They are also focusing on expanding their distribution networks, both online and offline, to reach a wider customer base.

Chain Conveyors Market Companies

Major players operating in the chain conveyors industry are:

BEUMER Group
Daifuku Co., Ltd.
Dematic
Fives
FlexLink
Honeywell International Inc
Hytrol Conveyor Company, Inc.
Interroll Group
Kardex
Regal Rexnord Corporation
Shuttleworth
Siemens
Taikisha Ltd.
Ultimation Industries, LLC.
WAMGROUP S.p.A.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of chain conveyors was worth over USD 566.4 million in 2023 and is estimated to grow at 4.3% CAGR during 2024 to 2032, owing to the efficient movement of goods and materials.

The automatic segment in the chain conveyors market generated around 375.3 million in 2023 and is anticipated to grow at 4.5% CAGR during 2024 to 2032, driven by the investments in automation across various industries.

North America chain conveyors market held 31.8% share in 2023 and is expected to grow at 4% CAGR during 2024 to 2032, backed by the rapid growth of e-commerce.

BEUMER Group, Daifuku Co., Ltd., Dematic, Fives, FlexLink, Honeywell International Inc, Hytrol Conveyor Company, Inc., Interroll Group, Kardex, and Regal Rexnord Corporation among others.