Global Conveying Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Belt, Roller, Pallet, Overhead, Chain conveyors, and Others.By Product;
Unit handling, Bulk handling, and Parts & attachments.By End User;
Food & Beverage, Warehouse & Distribution, Automotive, Airport, Mining, Electronics, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East, Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Conveying Equipment Market (USD Million), 2021 - 2031
In the year 2023, the Global Conveying Equipment Market was valued at USD 35,557.15 million. The size of this market is expected to increase to USD 46,164.53 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.
The global conveying equipment market is a critical component of the industrial sector, encompassing a wide range of products designed to move materials efficiently within manufacturing, warehousing, and distribution facilities. This market includes various types of conveyors, such as belt conveyors, roller conveyors, and overhead conveyors, each tailored for specific applications. The industry's growth is fueled by the increasing demand for automation in manufacturing processes, which enhances productivity, reduces labor costs, and minimizes human error. The rapid expansion of e-commerce and the need for faster order fulfillment have significantly boosted the demand for advanced conveying systems in warehouses and distribution centers.
Technological advancements are playing a pivotal role in shaping the future of the conveying equipment market. Innovations such as IoT integration, machine learning, and advanced sensors are transforming traditional conveyor systems into smart, connected solutions. These smart conveyors offer real-time monitoring, predictive maintenance, and enhanced operational efficiency, which are highly sought after in industries such as automotive, food and beverage, and pharmaceuticals. The development of energy-efficient and eco-friendly conveying systems is becoming increasingly important as companies strive to reduce their carbon footprint and adhere to stringent environmental regulations.
The global conveying equipment market is also influenced by regional economic conditions and industrial growth patterns. North America and Europe have traditionally been the dominant markets due to their established industrial base and early adoption of automation technologies. However, the Asia-Pacific region is emerging as a significant growth area, driven by rapid industrialization, urbanization, and the expansion of manufacturing activities in countries like China and India. As companies continue to invest in upgrading their production facilities and supply chain operations, the conveying equipment market is poised for sustained growth, driven by the continuous demand for improved efficiency and productivity across various industries.
Global Conveying Equipment Market Recent Developments
- In July 2023, Jungheinrich AG disclosed that by October 2024, it would be building a new logistics warehouse in Freilassing for Hawle Armaturen GmbH. The scope of delivery from Jungheinrich AG includes a full conveyor system featuring order-picking workstations, five stacker cranes with SPS, and silo steel rack constructions with roof and wall cladding.
- In June 2023, TGW Logistics Group announced that it would be building a high-performance e-commerce system for SKECHERS USA, Inc., a manufacturer of premium-quality shoes, about 50 km north of Shanghai. The automated system is expected to go active in the summer of 2025. The core element of the TGW Logistics Group offers is a 13-kilometer-long network of energy-effective KingDrive conveyors that not only link every part of the system to one another but also ensure that they are connected to the current fulfillment center.
Segment Analysis
The global conveying equipment market, integral to industries like mining, automotive, food and beverage, and pharmaceuticals, has been experiencing significant growth due to increasing industrial automation and the need for efficient material handling systems. Conveying equipment, including belt conveyors, roller conveyors, and overhead conveyors, facilitate the seamless movement of materials, thereby enhancing productivity and reducing labor costs. The market is segmented based on product type, application, and geography. Each segment plays a crucial role in driving the market dynamics, influenced by varying industrial demands and technological advancements.
The product type segment encompasses different kinds of conveying equipment tailored to specific industrial needs. Belt conveyors, for example, are extensively used in industries requiring continuous movement of materials over long distances, owing to their efficiency and versatility. Roller conveyors are preferred in manufacturing and warehousing due to their robustness and ease of handling diverse products. Overhead conveyors find applications in sectors where space optimization is critical, such as automotive manufacturing and assembly lines. Innovations and technological advancements within these product categories, such as the integration of IoT and automation, are driving their adoption, enhancing operational efficiency, and offering better control and monitoring capabilities.
Geographically, the conveying equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is anticipated to witness substantial growth, driven by rapid industrialization, increasing investments in manufacturing and infrastructure development, and the presence of major manufacturing hubs like China and India. North America and Europe, with their established industrial base and focus on automation and technological innovation, continue to be significant markets. Meanwhile, emerging economies in Latin America and the Middle East & Africa are also contributing to market growth due to expanding industrial activities and improving economic conditions. The diverse geographical segmentation highlights the varying market dynamics and growth opportunities across different regions.
Global Conveying Equipment Segment Analysis
The Global Conveying Equipment Market Has Been Segmented By Type, Product, End User, and Geography.
Global Conveying Equipment Market, Segmentation by Type
The Global Conveying Equipment Market Has Been Segmented By Type into Belt, Roller, Pallet, Overhead, Chain conveyors, and Others.
The global conveying equipment market is broadly segmented by type, which includes belt conveyors, roller conveyors, pallet conveyors, overhead conveyors, chain conveyors, and others. Belt conveyors are the most commonly used type, ideal for transporting bulk materials over long distances in industries such as mining, agriculture, and manufacturing. They are favored for their efficiency and ability to handle a wide range of materials, from raw ores to finished products. The demand for belt conveyors is driven by the need for cost-effective, high-capacity, and reliable material handling solutions.
Roller conveyors, on the other hand, are extensively utilized in warehousing and distribution centers. These conveyors are particularly suitable for transporting goods with a flat bottom, like boxes, crates, and pallets. The rise in e-commerce and the subsequent growth of logistics and warehousing industries have significantly boosted the demand for roller conveyors. Pallet conveyors, which are designed specifically to handle heavy loads, find their primary applications in industries such as automotive, food and beverage, and heavy equipment manufacturing. Their robust construction and ability to move large volumes of goods make them indispensable in environments where heavy-duty material handling is required.
Overhead conveyors and chain conveyors are often employed in manufacturing and assembly lines. Overhead conveyors help maximize floor space by transporting goods above ground level, which is especially useful in crowded or space-constrained facilities. They are commonly used in the automotive and aerospace industries for moving parts and assemblies through various stages of production. Chain conveyors, known for their durability and strength, are used in applications that require the movement of heavy items over short distances, such as in the steel and automotive industries. The "Others" category encompasses specialized conveyors like screw conveyors, pneumatic conveyors, and vibrating conveyors, which cater to niche applications requiring specific material handling solutions. The diversity in conveyor types reflects the wide range of industrial needs and the continuous evolution of material handling technology to meet these demands.
Global Conveying Equipment Market, Segmentation by Product
The Global Conveying Equipment Market Has Been Segmented By Product into Unit handling, Bulk handling, and Parts & attachments.
The global conveying equipment market is segmented by Product into three primary categories: unit handling, bulk handling, and parts & attachments. Unit handling equipment is designed to handle discrete items such as boxes, pallets, and packages. This segment is vital in industries like manufacturing, warehousing, and logistics, where efficient movement of individual units is crucial for operational efficiency. Conveying systems such as belt conveyors, roller conveyors, and overhead conveyors are commonly used in unit handling to streamline processes, reduce manual labor, and enhance productivity. The growing e-commerce sector significantly drives the demand for unit handling equipment, as rapid order fulfillment and accurate sorting are paramount.
Bulk handling equipment, on the other hand, is utilized for transporting large volumes of materials in bulk form, such as grains, coal, ores, and chemicals. This segment plays a critical role in industries like agriculture, mining, and construction, where moving substantial quantities of raw materials efficiently is essential. Conveyors designed for bulk handling include bucket elevators, screw conveyors, and pneumatic conveyors, which are built to withstand the heavy-duty requirements of transporting bulk goods. The expansion of the mining industry and the need for sustainable agricultural practices are key factors driving the growth of the bulk handling equipment market. Advancements in bulk material handling technology contribute to improved safety and efficiency in these industries.
Parts & attachments refer to the various components and accessories used to enhance and customize conveying systems for specific applications. This segment includes conveyor belts, rollers, bearings, motors, and other accessories that ensure the smooth operation of conveying equipment. The demand for parts & attachments is driven by the need for maintenance, repair, and upgrades of existing conveying systems. Industries such as automotive, food & beverage, and pharmaceuticals rely heavily on high-quality parts & attachments to maintain the efficiency and reliability of their conveyor systems. The continuous evolution of conveying technology and the emphasis on minimizing downtime in industrial operations underscore the importance of this segment in the global conveying equipment market.
Global Conveying Equipment Market, Segmentation by End User
The Global Conveying Equipment Market Has Been Segmented By End User into Food & Beverage, Warehouse & Distribution, Automotive, Airport, Mining, Electronics, and Others.
The global conveying equipment market is segmented by end users into several categories: Food & Beverage, Warehouse & Distribution, Automotive, Airport, Mining, Electronics, and Others. Each segment exhibits unique demands and growth drivers that shape the overall market landscape. In the Food & Beverage sector, conveying equipment is essential for the efficient handling of raw materials, ingredients, and finished products throughout the production process. This sector requires highly specialized conveying solutions that can meet strict hygiene standards, ensure contamination-free transportation, and accommodate various types of food and beverage products. The increasing demand for processed and packaged foods is a key driver of growth in this segment.
Warehouse & Distribution is another significant segment in the conveying equipment market. The rise of e-commerce and the need for efficient logistics solutions have fueled the demand for advanced conveying systems in warehouses and distribution centers. These systems enhance operational efficiency by automating the movement of goods, reducing labor costs, and minimizing errors. Conveying equipment in this segment includes belt conveyors, roller conveyors, and automated guided vehicles (AGVs), all of which play a crucial role in streamlining inventory management and order fulfillment processes. The need for faster delivery times and the integration of advanced technologies like the Internet of Things (IoT) and artificial intelligence (AI) further drive innovation and growth in this segment.
In the Automotive, Airport, Mining, and Electronics segments, conveying equipment also plays a critical role in optimizing production and operational efficiency. The automotive industry relies on conveying systems for the assembly line production of vehicles and components, ensuring seamless and timely transportation of parts. Airports use conveying equipment, such as baggage handling systems, to manage the flow of luggage efficiently and improve passenger experience. The mining sector requires robust and durable conveying solutions to handle bulk materials and ore, often in challenging environments. Meanwhile, the electronics industry demands precision and reliability in conveying equipment to transport delicate components during manufacturing. Each of these segments contributes to the overall growth of the global conveying equipment market, driven by advancements in technology and increasing automation across industries.
Global Conveying Equipment Market, Segmentation by Geography
The Global Conveying Equipment Market Has Been Segmented By Geography into five regions; North America, Europe, Asia Pacific, Middle East, Africa and Latin America.
Global Conveying Equipment Market Share (%), by Geographical Region, 2024
North America, comprising the United States and Canada, is a mature market characterized by the presence of established manufacturing industries, including automotive, food and beverage, and pharmaceuticals. The demand for conveying equipment in this region is fueled by the need for automation and efficiency in production processes, as well as the modernization of existing infrastructure. The region benefits from advanced technology adoption and a strong focus on innovation.
Europe is another significant market for conveying equipment, with countries such as Germany, France, Italy, and the United Kingdom leading in industrial manufacturing. The region is known for its robust automotive and aerospace sectors, which drive the demand for sophisticated conveying solutions. European manufacturers are increasingly investing in sustainable and energy-efficient conveying systems to comply with stringent environmental regulations and enhance operational efficiency. The presence of prominent conveying equipment manufacturers and a well-established supply chain network further bolster market growth in this region.
Asia Pacific region is experiencing rapid growth in the conveying equipment market, primarily due to the burgeoning industrialization and urbanization in countries like China, India, Japan, and South Korea. The expansion of manufacturing sectors, coupled with the rising demand for consumer goods, is propelling the need for efficient material handling solutions. The Middle East and Africa regions are also witnessing steady growth, driven by infrastructure development and the expansion of the oil and gas, mining, and construction industries. Latin America, with Brazil and Mexico at the forefront, is experiencing moderate growth, supported by the development of the automotive and mining sectors. Overall, each region's unique economic landscape and industrial activities shape the demand and adoption of conveying equipment, contributing to the global market's diverse and dynamic nature.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Conveying Equipment Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Public Health Campaigns
- Expansion of Hospitals and Clinics
- Access to Healthcare in Developing Regions
-
Regulations Promoting Safe Injection Practices: Regulations promoting safe injection practices are crucial in preventing healthcare-associated infections and ensuring patient safety. These regulations are typically enforced by health authorities and professional organizations, which provide comprehensive guidelines and standards for healthcare providers. For instance, the Centers for Disease Control and Prevention (CDC) in the United States outlines specific recommendations, such as using a new needle and syringe for each injection, properly sterilizing multi-dose vials, and disposing of sharps in designated containers to avoid needlestick injuries. The World Health Organization (WHO) has developed the Safe Injection Global Network (SIGN) to promote best practices and advocate for policies that minimize the risks associated with unsafe injections.
Compliance with these regulations is often mandatory, with healthcare facilities required to implement training programs for their staff, conduct regular audits, and maintain stringent record-keeping practices. Penalties for non-compliance can be severe, including fines, revocation of licenses, and legal actions. Regulatory bodies also emphasize the importance of educating patients about safe injection practices, ensuring that they understand the risks of reusing needles and the importance of following medical advice. By enforcing these regulations and promoting a culture of safety, healthcare systems aim to reduce the incidence of bloodborne infections such as HIV, hepatitis B, and hepatitis C, ultimately protecting both patients and healthcare workers.
Restraints:
- Insufficient medical facilities
- Presence of counterfeit products
- Price competition among manufacturers
-
Access to healthcare in developing regions: Access to healthcare in developing regions remains a significant challenge, characterized by disparities in availability, affordability, and quality of services. Many developing countries face a shortage of healthcare facilities and professionals, particularly in rural and remote areas. This scarcity limits the ability of populations to receive timely and adequate medical attention. Financial barriers, such as high out-of-pocket expenses and lack of insurance coverage, prevent many individuals from seeking necessary care. The situation is exacerbated by inadequate infrastructure, including unreliable transportation and communication networks, which hinder the delivery of healthcare services and essential supplies.
Efforts to improve healthcare access in these regions often involve multifaceted approaches. International organizations, governments, and non-governmental organizations (NGOs) collaborate to strengthen healthcare systems through funding, policy development, and capacity building. Initiatives such as the construction of new clinics, training of healthcare workers, and implementation of mobile health technologies are crucial. Mobile health units and telemedicine platforms are becoming increasingly vital, allowing healthcare providers to reach underserved populations and deliver services remotely. Community-based health programs focus on preventive care and health education, empowering individuals to take charge of their health and reduce the burden on formal healthcare systems. Despite these efforts, sustainable progress requires continuous investment, political commitment, and innovative solutions to address the complex and evolving challenges in healthcare access.
Opportunities:
- Risk of cross-contamination
- Incidences of needle stick injuries
- Adoption of needle-free technology
-
Use of alternative drug delivery systems: Alternative drug delivery systems encompass a diverse array of technologies designed to enhance therapeutic outcomes, patient compliance, and overall treatment efficacy beyond traditional oral tablets and injections. These systems include transdermal patches, inhalers, implantable devices, and targeted drug delivery systems. Transdermal patches, for instance, offer advantages such as sustained release of medication through the skin, bypassing digestive enzymes and hepatic metabolism, which can improve drug bioavailability and reduce side effects associated with oral administration. Inhalers are crucial for respiratory conditions, delivering medication directly to the lungs, offering rapid onset of action and minimizing systemic side effects.
Implantable devices, such as drug-eluting stents and intraocular implants, provide localized drug delivery to specific tissues or organs, ensuring precise dosing and prolonged therapeutic effect while minimizing systemic exposure. These technologies are particularly beneficial in chronic disease management, where maintaining steady drug levels is critical for efficacy and patient adherence. Targeted drug delivery systems, including nanoparticles and liposomes, enable drugs to be encapsulated and delivered to specific cells or tissues, enhancing therapeutic efficacy while minimizing damage to healthy cells.The adoption of alternative drug delivery systems is driven by their ability to overcome physiological barriers, improve drug stability, and offer more convenient administration routes. These advancements not only enhance patient comfort and compliance but also enable the development of novel therapies that were previously impractical with conventional delivery methods. As research continues to innovate in this field, the future holds promise for personalized medicine approaches that tailor drug delivery systems to individual patient needs, further optimizing treatment outcomes and improving quality of life.
Competitive Landscape Analysis
Key players in Global Conveying Equipment Market include:
- Daifuku Co., Ltd.
- BEUMER GROUP
- Fives Group
- FlexLink
- Jungheinrich AG
- Kardex
- Kion Group AG
- KUKA AG
- Murata Machinery, Ltd
- Phoenix Conveyor Belt Systems
- Siemens
- TGW Logistics Group
- Continental AG
- Emerson Electric Co.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysi
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Product
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Conveying Equipment Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
-
Public Health Campaigns
-
Expansion of Hospitals and Clinics
-
Access to Healthcare in Developing Regions
-
Regulations Promoting Safe Injection Practices
-
- Restraints
-
Insufficient medical facilities
-
Presence of counterfeit products
-
Price competition among manufacturers
-
Access to healthcare in developing regions
-
- Opportunities
-
Risk of cross-contamination
-
Incidences of needle stick injuries
-
Adoption of needle-free technology
-
Use of alternative drug delivery systems
-
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Conveying Equipment Market, By Type, 2021 - 2031 (USD Million)
- Belt
- Roller
- Pallet
- Overhead
- Chain conveyors
- Others
- Global Conveying Equipment Market, By Product, 2021 - 2031 (USD Million)
- Unit handling
- Bulk handling
- Parts & attachments
- Global Conveying Equipment Market, By End User, 2021 - 2031 (USD Million)
- Food & Beverage
- Warehouse & Distribution
- Automotive
- Airport
- Mining
- Electronics
- Others
- Global Conveying Equipment Market, By Geography, 2021 - 2031 (USD Million)
-
North America
-
United States
-
Canada
-
-
Europe
-
Germany
-
United Kingdom
-
France
-
Italy
-
Spain
-
Nordic
-
Benelux
-
Rest of Europe
-
-
Asia Pacific
-
Japan
-
China
-
India
-
Australia/New Zealand
-
South Korea
-
ASEAN
-
Rest of Asia Pacific
-
-
Middle East & Africa
-
GCC
-
Israel
-
South Africa
-
Rest of Middle East & Africa
-
-
Latin America
-
Brazil
-
Mexico
-
Argentina
-
Rest of Latin America
-
-
- Global Conveying Equipment Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Daifuku Co., Ltd.
- BEUMER GROUP
- Fives Group
- FlexLink
- Jungheinrich AG
- Kardex
- Kion Group AG
- KUKA AG
- Murata Machinery, Ltd
- Phoenix Conveyor Belt Systems
- Siemens
- TGW Logistics Group
- Continental AG
- Emerson Electric Co.
- Company Profiles
- Analyst Views
- Future Outlook of the Market