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Rubber Conveyor Belt Market Trends

Report ID: GMI4411
Published Date: Jul 2024
Report Format: PDF

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Rubber conveyor belt market Trends

The rising adoption of advanced automated belts is currently trending in the rubber conveyor belt industry. These belts are equipped with advanced technologies where different sensors are installed to sort out the materials further reducing the manual sorting time and efforts.

For instance, photoelectric sensors are used in conveyer belt systems to control and monitor conveyer systems. Another sensor technology used is magnetic sensors which are used for monitoring and control the movement in conveyer belt. Speed switch sensors are used to give alarm when a conveyer belt breaks or fail down. Ferrous metal proximity sensors are used for inspecting steel components in aluminum assemblies. They are used to track position and alignment between moving components in production lines. These features are attracting industries to easily invest in conveyor belts and to improve the overall efficiency of an organization.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of rubber conveyor belt was reached USD 3.78 billion in 2023 and is expected to register 4.5% CAGR from 2024 to 2032, owing to rising automation and manufacturing in industries worldwide.

Rubber conveyor belt industry from the textile reinforced conveyor belts segment is expected to reach USD 4860.8 million by 2032, due to the belts strengths and flexibility it offers during the operations in industries such as mining, constructions.

Asia Pacific rubber conveyor belt industry is expected to cross USD 3.46 billion by 2032 due to the China and India growing their industrialization in sectors such as mining, manufacturing, food processing in the region.

Qingdao Rubber Six Conveyor Belt Co., Ltd., Sempertrans Conveyor Belt Solutions GmbH, SIG Societa Italiana Gomma S.p.A., THE YOKOHAMA RUBBER CO., LTD., Trelleborg AB, and Zhejiang Double Arrow Rubber Co., Ltd., are some of the major rubber conveyor belt companies worldwide.