Even if the U.S. pulley market is segmented on the basis of host material,
the automotive and truck pulley market is expected to account for the largest share by 2024,
as the aluminum housing segment is less costly and less affected by moisture,
but the steel housing segment is expected to grow at the highest CAGR.
Pulleys segmented by purpose
The steel housing segment shines in heavy machinery owing to its durability and strength.
The U.S. pulley market, segmented by application, ruler conveyors account for the largest market share,
but belt conveyors are expected to grow at the highest CAGR owing to the increasing adoption of automation technology.
Logistics and warehousing account for the largest share
The U.S. pulley market is also segmented on the basis of these various criteria,
and the logistics & warehousing segment is expected to account for the most prominent share of the United States pulley market in 2024,
largely due to increased visibility and higher productivity and stability offered by the conveying conveyors systems.