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The adoption of automated systems is rising in the construction, mining, and aviation sectors. These systems are crucial to increase productivity and withstand labour challenges in the conveyor belt market in South Africa. These challenges provide an opportunity for smart conveyor systems which are integrated with sensors and the Internet of Things (IoT) technology that can detect malfunctions and optimise the flow of materials in real-time. Further, technologies, such as blockchain technology, robotics, augmented reality (AR) maintenance, and 3D printing technology, enhance the efficiency and versatility of conveyor belts.
Figure: Technological Advancement in the Conveyor Belt Market
Some of the factors driving the South Africa conveyor belt market growth are an expanding mining sector, rising automation in end-use sectors, and advancement in conveyor belt technology.
South Africa Conveyor Belt Market Size
South Africa Conveyor Belt Market Trends
South Africa Conveyor Belt Market Analysis
South Africa Conveyor Belt Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 34.80 million.
The South Africa conveyor belt market is projected to grow at a CAGR of 4.1% in the forecast period of 2024-2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 49.65 million by 2032.
A conveyor belt system is made up of continuous moving strips that carry different materials from one place to another in a short period.
Conveyor belts are often made from a rubber or plastic compound combined with layers of fabric material or steel cable.
The major drivers of the South Africa conveyor belt market include the adoption of automation in end-use markets, expansion of the mining sector, and rising air travel.
The key trends supporting the market growth are advancement in conveyor belt technology, development of energy-efficient conveyor belt systems, and expansion of the aviation and manufacturing sector.
The major end uses of conveyor belts are mining and metallurgy, manufacturing, chemicals, oil, and gases, and aviation, among others.
The significant product types of conveyor belts are medium-weight conveyor belt, light-weight conveyor belt, and heavy-weight conveyor belt.
The major players in the market are National Conveyor Products, Oriental Rubber Industries Pvt Ltd., Truco Africa., Fenner Conveyor Belting (SA) (Pty) Ltd, and Conveyor & Industrial Supplies (PTY) LTD, among others.
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