Global Conveyors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Belt, Roller, Pallet, and Overhead.

By Operation;

Manual, Semi-Automatic, and Automatic.

By Application;

Food & Beverages, Pharmaceuticals, Supply chain & Logistics, Manufacturing, Mining, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn253185125 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Conveyors Market (USD Million), 2021 - 2031

In the year 2024, the Global Conveyors Market was valued at USD 9,037.83 million. The size of this market is expected to increase to USD 12,217.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global conveyors market is a critical component of various industries, including manufacturing, mining, logistics, food and beverage, pharmaceuticals, and aviation. Conveyors play a vital role in streamlining material handling processes by enabling the efficient movement of goods, raw materials, and finished products across production lines and distribution centers. The demand for conveyor systems has been on the rise due to rapid industrialization, increasing automation, and the need for cost-effective and time-saving solutions. As businesses aim to enhance productivity and reduce operational costs, the adoption of advanced conveyor technologies, such as automated, modular, and smart conveyors, has gained significant momentum.

One of the primary drivers of the global conveyors market is the growing emphasis on automation and Industry 4.0. Companies across various sectors are increasingly integrating conveyor systems with robotics, artificial intelligence (AI), and the Internet of Things (IoT) to improve efficiency, minimize human intervention, and optimize production workflows. Automated conveyors equipped with sensors and real-time data analytics enable predictive maintenance, reduce downtime, and enhance overall equipment effectiveness. In the manufacturing sector, these advanced systems facilitate seamless assembly line operations, while in the logistics and e-commerce sectors, they streamline order fulfillment and warehouse management.

The mining and heavy industries also contribute significantly to the demand for conveyor systems. Conveyor belts are essential for transporting bulk materials such as coal, minerals, and aggregates over long distances with minimal energy consumption. With the increasing focus on sustainability and energy efficiency, manufacturers are developing eco-friendly conveyor solutions that reduce carbon emissions and operational costs. The food and beverage industry is another key sector benefiting from conveyor technology, as hygiene-compliant and food-grade conveyors ensure safe and efficient handling of perishable goods while meeting stringent regulatory requirements.

Regional market dynamics play a crucial role in shaping the global conveyors industry. North America and Europe have well-established conveyor markets driven by technological advancements and high levels of automation across industries. Meanwhile, Asia-Pacific is witnessing rapid market growth due to rising industrialization, increasing investments in infrastructure development, and the expansion of manufacturing hubs in countries like China, India, and Japan. The booming e-commerce sector in these regions further fuels the demand for conveyor systems in warehouses and distribution centers.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Operation
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Conveyors Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation Integration
        2. Efficiency Enhancement
        3. Increasing Demand
        4. Technological Advancements
      2. Restraints
        1. High Initial Costs
        2. Maintenance Challenges
        3. Limited Flexibility
        4. Regulatory Compliance
      3. Opportunities
        1. Emerging Economies
        2. Industry 4.0 Adoption
        3. Customization Demand
        4. Sustainable Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Conveyors Market, By Product Type, 2021 - 2031 (USD Million)
      1. Belt
      2. Roller
      3. Pallet
      4. Overhead.
    2. Global Conveyors Market, By Operation, 2021 - 2031 (USD Million)
      1. Manual
      2. Semi-Automatic
      3. Automatic
    3. Global Conveyors Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Pharmaceuticals
      3. Supply chain & Logistics
      4. Manufacturing
      5. Mining
      6. Others
    4. Global Conveyors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens AG
      2. Honeywell International Inc.
      3. Daifuku Co., Ltd.
      4. Dematic Group
      5. Interroll Group
      6. Vanderlande Industries
      7. Fives Group
      8. Swisslog Holding AG
      9. BEUMER Group
      10. TGW Logistics Group
  7. Analyst Views
  8. Future Outlook of the Market