Global Overhead Conveyor Systems Market 2022: Key Players Include Niko, Daifuku, Ferag and Rapid Industries – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Overhead Conveyor Systems Market” report has been added to ResearchAndMarkets.com’s offering.
Overhead conveyors help in handling, thus influencing the machine productivity located upstream or downstream, and impacting the work-in-progress and significant capital investment. Overhead conveyors help in carrying the hanged load to a chain moving continuously with a little flexibility through the whole process in the manufacturing plant.
Impact of the COVID-19
The COVID-19 interrupted markets on a worldwide scale. The material handling sector is facing an uncertain recovery timeline because of lockdown implementations in various parts of the world.
Lockdowns & limited operations of manufacturing facilities and distribution centers have delayed new orders for overhead conveyor systems. Nevertheless, the increase in trend in e-commerce is likely to fuel the demand for the market.
Regional Analysis
The Overhead Conveyor Systems Market in Europe is anticipated to lead the market because of decrease in manufacturing costs, rise in adoption of SCADA based automation, adoption of smart manufacturing methods, and growth in demand for higher productivity with energy-efficient technologies are anticipated to gain attraction in the region.
Moreover, Asia-Pacific is expected to witness noteworthy growth primarily because of the rise in the manufacturing segment in the region, awareness among end-use industries to make smooth movement of goods without affecting the plant performance and efficiency.
Key Players
Some of the key players operating in Global Overhead Conveyor Systems Market are:
- RJT Conveyors International
- Niko Ltd
- SSI SCHAEFER AG
- Daifuku Co. Ltd.
- Ferag AG
- PACLINE OVERHEAD CONVEYORS
- Rapid Industries Inc
- Mahindra Tsubaki Conveyor Systems (MTC)
- OCS Overhead Conveyor System
- Allied Conveyor Systems Inc
Market Taxonomy
By Type
- I-Beam Trolley Conveyors
- Enclosed Track Conveyors
- Others
By Function
- Process Link
- Process Decoupling
- Buffering/Storage, Sorting
- Sequencing
By Technology
- Pouch Sorter
- Power & Free System
By Weight
- 0-3 kg
- 3-5 kg
- 5-10 kg
- 10-20 kg
- 20-50 kg
By Capacity
- Upto 1000 items/h
- 1000-10,000 items/h
- >10,000 items/h
By Sales Channel
- Direct
- Via Main Contractors
By Automation Grade
- Manual
- Semi-Automatic
- Automatic
By Application
- E-Commerce/Retail
- Logistics
- Production Processes
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/433raj
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