Portable Conveyor Belt Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031

Status : Ongoing | Report Code : FACT715MR

Covid-19 pandemic resulted in declining the demand for portable conveyor belts in 2020. As production and supply chains were disrupted, the sales level went extremely down which forced the manufacturers to suspend their operations globally.

Local as well as leading players suffered heavy losses due to suspension in their operations whereas in 2021, the restrictions have been lifted up enabling the production centers to restart their operations. In 2021, business firms have shifted to online platforms for selling the conveyor belts through online modes creating an ease for the customers. Online modes are enabling the firms to overcome the losses suffered in the past and to boost the demand throughout the world.

What are Portable Conveyor Belt Manufacturers Doing?

Some of the known corporations like Continental Conveyor Corporation, Bastian Solutions, Conveyor Systems Limited, Dematic Corporation, ATS Automation Tooling System Incorporation, Invata Intralogistics Corporation, Daifuku Corporation and Tsubaki Corporation are paying attention to introduce automation in their operations and digitalize their working patterns to increase their sales in the current condition.

These companies have made significant investments in technological developments, hiring professionals with expertise skill and knowledge, establishing research and development centers, diversifying product portfolios, merging with known brands, acquisitions, sales agreements, product innovations and diversifications etc for strengthening their positions and market share globally.

Online selling has become a recent trend in this market as in Covid-19 condition, digital platforms are highly preferred by the leading companies to deliver their offerings easily to their customers. Allied Conveyor Belts, Fives Group and FMC Technologies are among the key players selling through e-commerce.

For instance,  Continental AG introduced ‘Sybercord Steel Cord Technology’ on May 2020 which provides conveyor belts with Sybercord steel cords as a tension member offering high dynamical breaking load with a simultaneous reduction of the cord diameter when compared to a standard steel cord belt. Conveyor belts with sybercord steel cords provides optimal corrosion resistance.

It is a highly dynamic conveyor belt with splice efficiency, less complex splice with fewer stages and is available for ST3500 up to ST10000. It has the potential for reduced pulley diameters, improved corrosion protection, low maintenance costs, lighter belt weight, less energy consumption etc making it flexible than any other conveyor belt. The development is an innovative step by the company which is enabling the company to generate higher revenues in 2021.

In addition to that, Siemens Corporation on September 2020 launched world’s first Misplaced Item Clearer (MIC) for the portable conveyor belts in parcel sorting centers. It is a unique innovation for the quick and seamless processing of small and light e-commerce on cross belt sorters in parcel centers.

It is easy to install and compatible with all sorter manufacturers.  This innovative device uses sensors to detect items that  due to their small size and low weight are inadvertently positioned in between cross belts. MIC automatically removes them into an outlet.

Through this introduction, the company is aiming to optimally support the customers by offering them innovative products with the highest benefit and better delivery time commitments. This intelligent sensor system is currently enabling the users to detect misplaced parcels lying on the cover plates and determining their exact positions. The demand for these MICs is increasing worldwide creating a profitable environment for the company.

Trending Industry 4.0 to Impact the Adoption of Portable Conveyor Belts

The manufacturing sector has witnessed a paradigm shift with the implementation of Industry 4.0 across various industrial sectors. With the growing trend of automation, manufacturing units have implemented Industry 4.0 standards to reduce machine downtime, reduce labor inefficiencies, enhance production, relatively reduce ROI (return on investment) duration, and more importantly achieve high quality manufacturing. In all automation processes, material handling through conveyor systems has been a pivotal factor. Portable conveyor belts are a key element across automated factories, which are used in material transportation, used as a buffer in between processes, and metering out products.

With Industry 4.0 in its growth phase, the demand for portable conveyor belts has dramatically increased across various industries such as textile manufacturing, pharmaceuticals, food and beverage processing, and the mining industry, to name a few.

Being a critical component of smart automation systems, and with advances in technology based on Industry 4.0 standards, developments in portable conveyor belts have made them highly efficient, with electronic actuation and self-tuning, along with predictive maintenance with the help of machine learning algorithms and with track and trace. This is expected to intensify the demand for portable conveyor belts during the forecast period.

Demand for Mixed Model Assembly Growing

Increasing complexities in production systems have accelerated the demand for conveyors belts. Currently, the growing demand for mixed model assembly lines, as they offer high processing speeds, is generating good opportunities for portable conveyor systems, simultaneously making it challenging for engineers.

In addition, the ongoing drive towards high throughput and flexible conveyor systems is expected to fuel the adoption of portable conveyor belts in the coming years. Manufacturers of portable conveyor belts are integrating smart components such as sensors, controllers, motors, and drives to enable new capabilities and features such as controlled motion and efficient product delivery without stoppages.

These new portable conveyor belts have new features and abilities such as tracing and tracking of units for proper processing, scaling up production activities, merge and diverge products from various paths to enable unique process sequences, and parallel processing and supporting rapid changeover times.

This has supported the implementation of the mixed model assembly in manufacturing units, thus accelerating production, ultimately pushing up profits. This new norm of mixed model assembly is expected to provide an impetus to the adoption of portable conveyor belts across the manufacturing sector.

Development of Telescopic Portable Conveyor Belts to Auger Well

The development of telescopic portable conveyor belts has made it possible to carry out various functions, including handling of large volumes at the required speed. Manufacturers are introducing telescopic portable conveyor belts that are suited for carrying out various operations across industries.

For example, Caljan has developed a telescopic portable conveyer belt that allows the easy passing of forklift trucks. In facilities which handle loosely loaded goods as well as palletized goods, using a telescopic portable conveyor belt on rails allows the discharge of loosely loaded goods at any available door.

By shifting the position of the telescopic portable conveyor belt away from the door, it can give enough space for the convenient passing of forklift trucks to move into the trucks and trailers across the leveler.

Portable telescopic conveyor belts offer flexibility, especially during dual-purpose loading. Caljan’s telescopic portable conveyor belt comes with a counterweight fitted on its rear side to prevent tipping. Moreover, it can be operated by a single worker with ease in handling.

In addition, the weight of this telescopic portable conveyor belt is offset by using powered wheels, thus making the maneuvering quick and simple. With the increasing adoption of telescopic portable conveyor belts, the global portable conveyor belt market is likely to witness significant growth during the period of assessment.

Manufacturers have invested in researching on new technologies for developing novel and power-efficient portable conveyor belts. This aspect has been favoring the growth of the global market, as newly developed portable conveyor belts come with a wide application scope, and with increased capabilities and features.

For example, Access Construction Equipment has recently developed a new portable conveyor belt – Handiveyor. It allows the moving of solid materials without interference. It can be used for moving oversized products, as it is fitted with adjustable and specially designed guide rails.

Moreover, it can simply be plugged into a regular household power point or small generator, as it runs on 120V motors. High structural strength, light weight, and controlled power consumption make it a vital component of any manufacturing plant. Other key participants in the global portable conveyor belt market include

  • Monaflex
  • ContiTech AG
  • Dorner Conveyors
  • Coveya Ltd.
  • Redline Systems Inc.
  • Asmech Systems
  • Huzhou Maolian Machinery Co., Ltd.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

  • Market Dynamics
  • Market Size
  • Market Segments
  • Demand & Supply Trends
  • Current Issues and Challenges
  • Companies and Competitor Landscape
  • Value Chain
  • Technology

Regional Segments Analyzed Include

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

  • Elaborated scenario of the parent market
  • Transformations in the market dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast market size based on value and volume
  • Latest industry developments and trends
  • Competition landscape
  • Strategies adopted by the market players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on performance of the market
  • Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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Portable Conveyor Belt Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031