DUBLIN--(BUSINESS WIRE)--The "Myanmar Conveyor Systems Market By Type (Belt, Roller, Overhead, Floor, Pallet, Crescent, Cable, Bucket), By Location (In-Floor Conveyors v/s On-Floor Conveyors & Overhead), By Load, By Operation, By End User Industry, By Region, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Myanmar Conveyor Systems Market is expected to grow at a formidable rate during the forecast period.
The Myanmar Conveyor Systems Market is driven by the mounting requirement for managing large quantities of bulky goods. Moreover, growing investments in food & beverage, automotive sector, among others is further bolstering the market growth in the country. Additionally, growing industrialization coupled with need of automation in order to minimize the manufacturing costs and waste are further driving the market in the country.
The Myanmar Conveyor Systems Market is segmented based type, location, load, operation, end-user industry, company and region. Based on type, the market can be categorized into belt, roller, overhead, floor, pallet, crescent, cable and bucket. Among them, the belt conveyor is estimated to dominate the conveyor market in terms of largest market share during the forecast period on account of its widespread use in numerous industries such as food & beverages, airport, electronics, warehouse & distribution and mining.
This belt conveyor segment is projected to see increased demand as these industries will continue to witness growth in the coming years. In addition to this, belt conveyors offer several benefits in conveying variety of goods of regular or irregular shape, large or small products, light or heavy weight, which is boosting the segment growth in the market.
Also, the crescent type of conveyor is anticipated to be the fastest growing segment during the forecast period which can be accredited to the fact that these conveyors are very easy to handle, customize and to clean.
Major players operating in the Myanmar Conveyor Systems Market include Emerson Myanmar Ltd., Gurukrupa Wirenetting Industries, Eternal Co., Ltd (Dongil Rubber Belt), General Machinery Trading Co., Ltd, Siemens Myanmar, Continental Conveyor Ltd., Honeywell Pte Ltd., Murata Machinery, Ltd, Caterpillar Inc., Taikisha Myanmar Co., Ltd. and others.
The companies are adopting advanced strategies such as contract/agreements in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions, partnership, product launches and expansion. For instance, renowned groups like Swisslog and Dematic Group have adopted acquisition as part of their strategy to build up their market share.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Myanmar Conveyor Systems Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Belt, Roller, Overhead, Floor, Pallet, Crescent, Cable, Bucket)
5.2.2. By Location (In-Floor Conveyors v/s On-Floor Conveyors & Overhead)
5.2.3. By Load (Unit Load v/s Bulk Load)
5.2.4. By Operation (Semi-automatic v/s Automatic)
5.2.5. By End User Industry (Warehouse & Distribution, Food & Beverage, Automotive, Electronics, Mining, Airport, Others)
5.2.6. By Region (Mandalay Region, Shan State, Ayeyarwady Region, Yangon Region)
5.2.7. By Company (2019)
5.3. Product Market Map
6. Myanmar In-Floor Conveyor Systems Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Operation
6.2.3. By End User Industry
7. Myanmar On-Floor Conveyors & Overhead Conveyor Systems Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Operation
7.2.3. By End User Industry
8. Market Dynamics
8.1. Drivers
8.2. Challenges
9. Market Trends & Developments
10. Policy & Regulatory Landscape
11. Myanmar Economic Profile
12. Competitive Landscape
12.1. Competition Outlook
12.2. Company Profiles
12.2.1. Emerson Myanmar Ltd.
12.2.2. Gurukrupa Wirenetting Industries
12.2.3. Eternal Co., Ltd (Dongil Rubber Belt)
12.2.4. General Machinery Trading Co., Ltd
12.2.5. Siemens Myanmar
12.2.6. Continental Conveyor Ltd.
12.2.7. Honeywell Pte Ltd.
12.2.8. Murata Machinery, Ltd
12.2.9. Caterpillar Inc.'
12.2.10. Taikisha Myanmar Co., ltd.
13. Strategic Recommendations
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