U.S. Motorized Pulleys Market to be Worth $249.4 Million by 2031
Global and U.S. Motorized Pulleys Market Size, Share, Forecast, & Trends Analysis by Power Output (Upto 5 hp, Others), Gear Material (Polymer, Steel, Others), Housing Material (Steel, Others), Application (Belt Conveyors, Roller Conveyors), End User (Logistics & Warehousing, Others) – Forecast to 2031
The U.S. Motorized Pulleys Market is expected to reach $249.4 million by 2031, at a CAGR of 3.5% from 2024 to 2031. The growth of the U.S. motorized pulleys market is driven by factors such as the rising adoption of industrial automation and Industry 4.0 technologies, the need to replace aging assets, and the increasing demand for effective material handling solutions. Moreover, the growth of the e-commerce and logistics sectors and advancements in motor and control technologies are expected to create opportunities for market growth.
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