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US Overhead Conveyor Systems Market Research Report By Function (Process Link, Process Decoupling, Buffering/Storage, Sorting, Sequencing), By Technology (Pouch Sorter, Power & Free System), By Weight (0-3 kg, 3-5 kg, 5-10 g, 10-20 kg, and 20-50 kg), By Capacity (Upto 1000 items/h, 1000-10,000 items/h, & >10,000 items/h), By Sales Channel (Direct and Via Main Contractors),By Automation Grade (Manual, Semi-Automatic, and Automatic), By Application (E-Commerce/Retail, Logistics, Production Processes), and By Region – Forecast 2032

ID: MRFR/IA - E/11517-US | 100 Pages | Author: Garvit Vyas| December 2023

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us overhead conveyor systems market outlook

North America, encompassing the United States, Canada, and Mexico, stands at the forefront of adopting overhead conveyor systems, thanks to the rapid integration of smart factories and industrial automation. This region has been an early adopter, embracing the efficiency and technological advancements offered by overhead conveyor systems. Several factors contribute to the thriving growth of these systems in North America, including the rapid expansion of industries such as e-commerce, medical, healthcare, and retail. Additionally, increased government support and substantial investments in research and development have propelled the widespread adoption of overhead conveyor systems. In the United States, government initiatives aimed at promoting factory automation have played a pivotal role in driving the adoption of overhead conveyor systems. This strategic focus on enhancing manufacturing capabilities aligns with the rising demand for intelligent and automated facilities. A key driver in the US is the heightened demand for advanced overhead conveyor systems, propelled by the need for efficient material handling in various industries. As manufacturing industries grapple with increasing labor costs, the adoption of automatic conveyor systems becomes a logical choice. The inclination towards automation not only streamlines processes but also addresses the economic challenges posed by rising labor expenses. Moreover, the presence of prominent manufacturers of overhead conveyor systems in the US contributes significantly to the region's demand for these products. The burgeoning automotive industry in the United States further amplifies the need for advanced conveyor systems, highlighting the pivotal role played by these systems in optimizing manufacturing processes. According to data from the US Bureau of Labor Statistics, there has been a noticeable shift in the labor force dynamics. The average annual growth of the US labor force, which stood at 0.70% in 2010, is projected to decrease to 0.40% in 2020. This trajectory indicates a transition towards automation, with the potential to eliminate a substantial number of jobs—approximately 20% to 25%, equating to around 40 million displaced workers. Additionally, the shift towards automation may lead to depressed wage growth for an even larger segment of the workforce. The overarching trend of automation is not solely confined to the United States but extends across North America, including Canada and Mexico. The rapid development of the e-commerce, medical, healthcare, and retail sectors in these countries contributes significantly to the growing demand for overhead conveyor systems. The need for efficient and streamlined material handling processes is paramount in these industries, and overhead conveyor systems emerge as integral solutions to meet these evolving requirements. Furthermore, the support from governmental bodies in the form of policies promoting automation creates an enabling environment for the widespread adoption of advanced conveyor systems. The collaborative effort between industry players and government initiatives underscores the commitment to enhancing manufacturing capabilities and staying at the forefront of technological advancements. In conclusion, North America's robust adoption of overhead conveyor systems is driven by a combination of factors, including government support, investments in research and development, the expansion of key industries, and the imperative need for automation to address labor challenges. The United States, with its proactive policies and a thriving automotive sector, serves as a significant contributor to the region's leadership in adopting advanced conveyor systems. As the industrial landscape continues to evolve, overhead conveyor systems are poised to play a pivotal role in shaping the future of manufacturing and material handling in North America.

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