Belt Conveyor Industry Overview

Belt conveyor, a mechanical device that realizes continuous material transportation based on the principle of friction drive, has become an indispensable key component of automated transportation lines in the production processes of many industries such as mineral mining, grain processing, feed production, cement manufacturing and chemical industry. It is widely used in all aspects of large and medium-sized enterprises in various industries, greatly promoting the smooth progress of production efficiency and flow operations. With the continuous expansion of production scale, belt conveyors are developing rapidly towards large-scale development, and technological innovations are changing with each passing day, indicating the infinite broadness of its market prospects.

The reason why belt conveyors are widely favored is due to their unique design advantages: the fuselage is flexible and retractable, equipped with a belt storage bin, which can automatically adjust the length as the coal mining working surface or production line advances, has a compact structure and no fixed foundation required, and is directly laid in the tunnel or working area, making it convenient and efficient to disassemble and assemble. Faced with the long-distance and large-volume conveyor, the belt conveyor can easily be equipped with an intermediate drive device to meet the requirements, and at the same time, it supports single-machine operations or multiple machines to jointly build complex transportation systems to achieve horizontal or tilt conveying of materials.

The Market analysis of Belt Conveyor Industry

In recent years, my country has continuously increased its attention to environmental protection, and its efforts in environmental protection supervision and governance have been significantly strengthened. Against this background, belt conveyors have gradually won wide recognition and favor from the market with their significant green and environmentally friendly characteristics, such as low noise, low energy consumption, and reduced dust emissions, and their market demand has shown a good trend of steady expansion.

At the same time, my country's belt conveyor industry has also ushered in unprecedented development opportunities, and the overall market size has maintained an upward trend. Looking back, compared with the end of the 20th century, my country's belt conveyor production technology has achieved a qualitative leap. After decades of unremitting efforts and continuous innovation, my country's technical strength in this field has been in line with the international level, and some cutting-edge technologies have even reached the international advanced level. This is not only reflected in the improvement of production efficiency and the optimization of product quality, but also in the active exploration and application of cutting-edge technologies such as environmental protection, energy conservation, and intelligence.

To sum up, under the promotion of environmental protection policies, market demand in my country's belt conveyor industry continues to grow; under the guidance of technological innovation, the overall strength of the industry continues to improve, and is developing towards a more green, efficient and intelligent direction.

Statistics show that the market size of China's belt conveyor industry in 2019 was 25.902 billion yuan, and the market size of China's belt conveyor industry in 2023 was 28.867 billion yuan. The market size of China's belt conveyor industry from 2019 to 2024 is as follows:

Belt conveyor industry chain

The upstream of the belt conveyor industry chain constitutes the basis of its production, mainly composed of raw materials and key equipment supply layers. This link covers a variety of core elements, such as steel, as the main supporting material for the conveyor structure; tape, responsible for the effective transmission of materials; motor, providing power for the conveyor belt operation; and reducer, ensuring smooth and precise control during the power transmission process. These key components and materials together form the cornerstone of the efficient operation of belt conveyors.

The downstream of the industrial chain is a market area where belt conveyors are widely used, covering a number of key industries such as electricity, metallurgy, building materials, and chemical industry. In these industries, belt conveyors have become an indispensable and important equipment for material conveying and production line automation due to their efficient, stable and reliable characteristics. As various industries continue to improve their production efficiency and cost control requirements, the application demand of belt conveyors in the downstream market will continue to grow, injecting strong impetus into the continued prosperity of the entire industrial chain.

Prospects of the Belt conveyor industry

Under the strong support and active guidance of national policies, the demand for conveyors in downstream industries will continue to rise in the future, drawing a bright development prospect for the conveyor industry. Faced with this favorable situation, enterprises should seize the opportunity, increase R&D investment, be committed to technological innovation and upgrading, and continuously improve the performance and quality of products. In particular, we must keep up with the national policy orientation and actively develop new intelligent, digital and more energy-saving and environmentally friendly conveyors to meet the growing diversified needs of the market.

It is predicted that the market size of China's belt conveyor industry will rise steadily from 2024 to 2030. It is predicted that the market size of China's belt conveyor industry will be 30.506 billion yuan in 2030. The market size forecast of China's belt conveyor industry from 2024 to 2030 is as follows:

Development trend of belt conveyor industry

(1) Supply of high-end energy-saving and environmentally friendly products and systematic integrated solutions

(2) Intelligence and digitalization: a new direction for the development of conveyors

(3) Overseas market: a new blue ocean of conveyor demand