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Home   Machinery and Equipment    Continuous-Action Goods Conveyors and Elevators

Continuous-Action Goods Conveyors and Elevators

Global demand for continuous-action goods conveyors and elevators is forecast to expand 4.7% p.a. between 2016 and 2020. Currently, belt type continuous-action goods conveyors and elevators account for 34.4% of the global demand while the remaining market share is divided between bucket type continuous-action goods conveyors and elevators (6.1%) and other continuous-action goods conveyors and elevators (59.6%).

China, Cyprus, Philippines, the United States and Vietnam are considered the highest potential markets in the coming years. China, Germany, Japan, South Korea and the United States represent the largest continuous-action goods conveyor and elevator markets while the strongest annual growth is forecast to occur in Cyprus (30.2%), Vietnam (13.2%), Philippines (12.5%), China (7.3%) and Bangladesh (7.0%).

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