Conveyor Monitoring - Global Strategic Business Report

Global Conveyor Monitoring Market to Reach $349.2 Million by 2030

The global market for Conveyor Monitoring estimated at US$217.3 Million in the year 2022, is projected to reach a revised size of US$349.2 Million by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030. Conveyor Belt Monitoring, one of the segments analyzed in the report, is projected to record 6.3% CAGR and reach US$196.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Conveyor Motor Monitoring segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $59.2 Million, While China is Forecast to Grow at 9.1% CAGR

The Conveyor Monitoring market in the U.S. is estimated at US$59.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$73.3 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Select Competitors (Total 36 Featured) -

• 4B
• Beltscan Systems
• Bruel & Kjaer
• CBG
• ContiTech
• Emerson
• Fenner Dunlop
• Honeywell
• Phoenix
• Pruftechnik Dieter Busch

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
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• Complimentary updates for one year