Conveyor and Conveying Equipment Market size was valued at USD 8.5 Billion in 2024 and is forecasted to grow at a CAGR of 5% from 2026 to 2033, reaching USD 12.3 Billion by 2033.
In 2024, the global conveyor and conveying equipment market was valued at approximately USD 51,258.2 million, with North America accounting for over 40% of this total, equating to USD 20,503.3 million. The United States led this region with a market size of USD 16,177.1 million, driven by the rapid expansion of online retail necessitating advanced conveyor systems in warehouses and distribution centers. Canadas market was valued at USD 2,460.4 million, benefiting from a shift towards Industry 4.0 and the adoption of automated conveyor systems. Mexico contributed USD 1,865.8 million, with growth propelled by increasing industrial automation. Europe held over 30% of the global market, amounting to USD 15,373.5 million, supported by a robust industrial base and a focus on sustainability and efficiency. Germany, representing more than 20% of the European market, saw significant demand due to advancements in industrial automation and technological innovation. In the Asia Pacific region, the market was valued at USD 11,789.4 million, representing approximately 23% of the global share, with a compound annual growth rate (CAGR) of 6.0% projected from 2024 to 2031. China led this region, holding over 35% of the Asia Pacific market, fueled by the expanding e commerce sector and technological advancements. Indias market was valued at USD 2,921.5 million in 2023 and is expected to reach USD 4,351.0 million by 2030, growing at a CAGR of 5.9%, driven by government initiatives like "Make in India" and the expansion of the manufacturing sector. Latin America accounted for over 5% of the global market, totaling USD 2,562.9 million, with Brazil projected to hold over 30% of this regional share, supported by growth in the automotive and transportation sectors. The Middle East and Africa region held around 2% of the global market, amounting to USD 1,025.2 million, with Saudi Arabias market projected to grow at a CAGR of 5.0%, driven by developments in the airport and food & beverage industries. The warehouse and distribution segment dominated the market in 2023, propelled by the rapid growth of the e commerce industry and the expansion of supermarkets and online retail stores, particularly in the Asia Pacific and North America regions. In terms of product types, the unit handling segment led the market, widely utilized in industries such as food and beverage processing, warehouse and distribution, and automotive manufacturing. Technological advancements, including automation, modular design, and sensor driven operations, have enhanced productivity and reduced labor costs, further driving market growth. For instance, in April 2023, FMH Conveyors introduced a new conveyor system designed for easy reconfiguration, aiming to improve efficiency in loading, unloading, and sorting processes. Overall, the global conveyor and conveying equipment market is poised for continued expansion, driven by industrial automation, technological innovations, and the increasing need for efficient material handling solutions across various sectors.
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Dematic
Nordstrong Equipment
Rexnord
Webster Industries
Daifuku
Dearborn Mid-West Conveyor
Durr
Hitachi
Richards Wilcox Conveyor
Hytrol Conveyor
Siemens
Jervis B. Webb Company
Superior Industries
Barry-Wehmiller Container Systems
Roach Manufacturing Corporation
Arrowhead Conveyor Corporation
Diversified Conveyors
Joy Global Conveyors
Intralox
Fki Logistex Automation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Conveyor and Conveying Equipment Market
Belt Conveyors
Roller Conveyors
Chain Conveyors
Bucket Elevators
Plastic Modular Conveyors
Overhead Conveyors
Vibrating Conveyors
Manufacturing
Food and Beverage
Mining and Minerals
Packaging
Pharmaceutical
Automotive
Logistics and Warehousing
Steel Conveyors
Stainless Steel Conveyors
Aluminum Conveyors
Plastic Conveyors
Rubber Conveyors
Composite Material Conveyors
Motorized Conveyors
Non-Motorized Conveyors
Gravity Conveyors
Direct Sales
Distributors and Dealers
Online Retail
Third-Party Retailers
Wholesale Suppliers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Conveyor and Conveying Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Conveyor and Conveying Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Conveyor and Conveying Equipment Market, By Type
6. Global Conveyor and Conveying Equipment Market, By Application
7. Global Conveyor and Conveying Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Conveyor and Conveying Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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