Conveying Equipment Market By Type (Belt Conveyors, Roller Conveyors, Overhead Conveyors, Pallet Conveyors, Chain Conveyors, Screw Conveyors, Others), By Operation Mode (Automated Conveyors, Semi-Automated Conveyors, Manual Conveyors), By Load Capacity (Light-Duty Conveyors, Medium-Duty Conveyors, Heavy-Duty Conveyors), By Application (Packaging & Material Handling, Food & Beverage Processing, Pharmaceutical & Healthcare Logistics, Automotive Assembly Lines, E-commerce & Warehousing, Mining & Construction, Others), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035
Published Date: Apr 2025 | Report ID: MI2504 | 215 Pages
Industry Outlook
The Conveying Equipment Market accounted for USD 57.08 Billion in 2024 and is expected to reach USD 87.86 Billion by 2035, growing at a CAGR of around 4.00% between 2025 and 2035. The Conveying Equipment Market is expected to grow steadily with the increase in the automation trend in the manufacturing, logistics, and e-commerce sectors. High-tech conveyor systems have become a priority for companies. They are being used for purposes which include the reduction of costs of personnel, the optimization of efficiency, and the enhancement of material handling processes. The transition that entails the use of smart and IoT-enabled conveyors is happening fast and will enable predictive maintenance and real-time monitoring. What's more, one of the sustainable driving forces of the industry is energy-efficient and modular conveyor designs. Where agriculture is the most well-known area which is handled Indoors and outdoors, food & beverage. The manufacturing sector continues to be the biggest user of conveyor systems followed by mining and automotive industries. The recent trend in global trade and warehousing activities is one of the reasons for the injection of automated conveyor systems in the market. As AI 4.0 becomes the mainstream, AI, robots, and digital twins are anticipated to be the primary drivers of Conveying Equipment.
Report Scope:
Parameter | Details |
---|---|
Largest Market | North America |
Fastest Growing Market | Asia Pacific |
Base Year | 2024 |
Market Size in 2024 | USD 57.08 Billion |
CAGR (2025-2035) | 4.00% |
Forecast Years | 2025-2035 |
Historical Data | 2018-2024 |
Market Size in 2035 | USD 87.86 Billion |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa |
What We Cover | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies |
Segments Covered | Type, Operation Mode, Load Capacity, Application and Region |
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Market Dynamics
Growing e-commerce boosts demand for efficient material handling.
The rapid expansion of e-commerce is a principal contributor to the conveying equipment market, as firms pursue material handling solutions to correspond to the ever-increasing order quantities. Internet vendors and third-party logistics providers are injecting capital into automated conveyor systems to boost warehouse operations, automate the sorting process and speed up the process of order fulfilment. The demand for high-speed, scalable, and flexible conveyor solutions is at its peak which makes the delivery much faster and labour costs down. Cutting-edge techniques like AI-driven conveyor sorting and the use of robotics are aiding in the optimization of warehouse workflows. The ascension of e-commerce development from a single day to two or longer births the continual increase of the technology of internal logistics. This transformation is augmenting the capacity of automated warehouses and distribution hubs, enabling the Conveying Equipment to become a key component in the current supply chains.
Increased industrial automation enhances efficiency and reduces labour costs
Industrial automation is nowadays implemented in the Conveying Equipment Market because it helps companies to adopt new efficiencies as well as rope in the labour element. Automatically controlled conveyor-belt systems would be most useful in material handling, the production line, and warehousing transportation, required for a faster product circle and minimal downtime. Utilizing AI, robotics, and IoT, conveyors can self-check, diagnose the maintenance process, and make the production process to be at the optimal level.
Although this shift mainly takes the labour costs down, it also reduces the likelihood that workers will be endangered by their dangerous tasks. Moreover, automation helps in the achievement of quality control, thus decreasing errors and waste. Industries such as e-commerce, automotive, and food processing are implementing such advanced systems for several reasons, to cater to garnering demand, and the mechanism to win the battle with the competition. During automation's development, conveyor belts are going to keep on being the principal element in smart production and warehousing computational activities.
High initial investment costs limit adoption for small businesses.
The high start-up costs of Conveying Equipment are the main difficulties for small and medium-sized enterprises (SMEs). The acquisition and introduction of automatic conveyor systems require a considerable quantity of resources, among which are machinery, infrastructure modification, and the integration of current with new processes. For a great many small businesses, these expenses can be the deal-breakers, due to which they either stick to manual or semi-automated alternatives. Moreover, the maintenance and operational costs also contribute to financial pressure, which, in turn, further reduces the speed of technological advancement.
The limited availability of different funding options and an increased interest in the return on investment (ROI) are considered the reasons why SMEs are not eager to replace outdated conveyor solutions with modern ones. This conduces to the situation where large enterprises with enough financial resources are the ones that the competition revolves around, and the smaller firms simply are not capable of participating in the progress of the automation industry. As time goes by, innovations in reasonable-priced, modular conveyor techniques could reduce blockades for SMEs.
The rising adoption of AI and IoT enhances system efficiency.
Integration of AI and IoT in Conveying Equipment is changing the industry by improving operational efficiency, future-stating maintenance and real-time monitoring. AI-operated systems optimize the belt speed, load distribution and energy consumption, and reduce the cost of downtime and maintenance. IOT-enabled sensors provide immediate diagnosis and remote surveillance, allowing manufacturers to increase productivity and safety.
These smart technologies help businesses deal with content, reduce errors and improve workflow efficiency. As industries prioritize rapid data-operated decision-making, AI and IoT adoption in conveyor systems presents an important development opportunity. Companies investing in smart conveyor solutions achieve a competitive lead through cost savings and enhanced throughputs. This trend is expected to accelerate as digital changes in logistics and manufacturing operations.
Emerging market growth creates new installation opportunities.
Rapid industrialization and economic expansion conveyor tools in emerging markets offer an important opportunity for the market. In areas such as Asia-Pacific, Latin America and Africa, growing areas such as e-commerce, automotive, food processing and logistics are demanding automatic material handling solutions. As in the operation of businesses of businesses in these markets, the need for skilled, high-speed conveyor systems increases.
The initiative of the government supporting manufacturing and infrastructure development further promotes opportunities for establishment. Many companies are looking to set up new production facilities and warehouses, creating demand for cost-effective and scalable conveyor solutions. The rise of the adoption of smart factories and Industry 4.0 in emerging economies will also accelerate the integration of advanced conveyor technologies and increase efficiency and competition.
Industry Experts Opinion
"Industrial automation has become increasingly essential for manufacturing companies to grow and prosper. Investments in industrial automation improve overall manufacturing business performance in many areas, including consistent production quality, reduced labour costs, and lower production waste.”
- Bill Lydon, Editor Emeritus at Automation.com
“Pallet-based conveyor systems are often the best choice for assembly applications due to their scalability, modularity, and ability to accommodate complex transport paths. As manufacturing demands shift, having a system that can easily adapt to increased production volumes can offer a significant competitive advantage.”
- Bosch Rexroth’s Conveyor System Specialist
Segment Analysis
Based on the Type, the Conveying Equipment Market includes belt conveyors, roller conveyors, overhead conveyors, pallet conveyors, chain conveyors, screw conveyors, and others. Belt conveyors are widely used for bulk material handling, roller conveyors, transport heavy loads with minimal friction and are ideal for overhead conveyors, assembly lines and space-saving solutions. The palette conveyor is designed to handle large and heavy loads, chain conveyors provide durability to move products in a rigid environment, and screw conveyor is used to express granulated or half-to-half material in industries such as agriculture and food processing. Each type meets specific industrial needs, increases efficiency and reduces manual labour.
Based Operation mode segmentation includes automatic conveyors, which are integrated with sensors and robotics for spontaneous material handling, which are widely adopted in manufacturing and logistics industries. The semi-automatic conveyor requires partial human intervention and is used in warehouses where flexibility is required. Manual conveyors depend entirely on human effort and are cost-effective for small-scale operations. The growing trend towards automation is fully demanding automated systems, while cost-conscious businesses opt for a semi-female and manual conveyor based on their budget and operating requirements. The demand for skilled material handling solutions in industries is progressing in all these areas.
Regional Analysis
North America Conveying Equipment Market dominating market, which is run by high industrial automation in areas such as e-commerce, automotive and food processing. The area has been focused on increasing supply chain efficiency integrating smart technologies, increasing adopting advanced conveyor systems. Additionally, the presence of major market players and continuous investment in automation further strengthened its dominance.
Asia-Pacific is the fastest-growing Conveying Equipment Market, with rapid industrialization and expanding manufacturing sectors in countries such as China and India. The e-commerce and logistics industry of the region has created a strong demand for automated conveyor solutions. The government's initiative, which supports industrial automation and smart factories, accelerates market development. The growing requirement for skilled material handling solutions in diverse industries makes Asia-Pacific a major development centre for Conveying Equipment.
Competitive Landscape
The Conveying Equipment market is heavily involved in providing automation and smart technology, Daifuku CO., Ltd., one of the key players is taking full advantage of the new trends in its content handling system. The main goal of the company is to increase its general distribution by both acquiring businesses and working directly. Lately, Daifuku has reinforced its supply chain management tools which enable the connection of AI and IOT to the conveyor system, making the whole process more efficient in some fields like motor vehicles and e-commerce. The technology sector experienced significant evolution through Daifuku’s investment in Industry 4.0, no matter if the monitory is in real-time or the problems are fixed for the future.
Toyota Industries Corporation is the other key company in the region that sees the means of stability and energy-skilled conveyor solutions as being pivotal. Toyota’s key rationality in their investments involves the use of a conveyor system that is environmentally friendly and reduces carbon emissions with the help of regenerative drive technology. Along with that, they are developing their capabilities in automated guided vehicles (AGV) to provide a better experience in warehouse automation and logistics industries. No doubt their concern with the building of a durable material handling solution underlines the global trend of environmental responsibility.
Conveying Equipment Market, Company Shares Analysis, 2024
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Recent Developments:
- In April 2024, Walmart participated with Swissalog Holding AG to deploy an advanced conveyor system in a Texas feature, which integrates the storage automation technology of Swissalog to increase logistics efficiency.
- In March 2024, Cemenss AG acquired EBM-PAPST's industrial drive technology business, which strengthened its industrial automation portfolio, including conveyor system components to improve efficiency.
- In January 2024, Hai Robotics integrated its automatic storage and recovery systems with Honeywell International's enterprise software, which included conveyor systems to increase warehouse efficiency and automation.
Frequently Asked Questions (FAQs)
The Conveying Equipment market accounted for USD 57.08 Billion in 2024 and is expected to reach USD 87.86 Billion by 2035, growing at a CAGR of around 4.00% between 2025 and 2035.
The Conveying Equipment Market offers significant growth opportunities through the rising adoption of AI and IoT enhances system efficiency, Sustainability initiatives drive demand for energy-efficient conveyors and Emerging market growth creates new installation opportunities.
The largest segment in the Conveying Equipment Market is the belt conveyor segment, driven by its widespread use in industries such as mining, food processing, and logistics due to its cost-effectiveness and efficiency. The fastest-growing segment is the automated conveyor systems, fueled by increasing demand for efficiency in e-commerce, warehousing, and manufacturing, as companies adopt advanced technologies to optimize material handling.
Asia-Pacific is expected to make a notable contribution to the global Conveying Equipment Market, driven by rapid industrialization, expansion in e-commerce, and strong demand from manufacturing and logistics sectors. Countries like China and India are investing heavily in automation and smart warehousing solutions, further boosting conveyor system adoption. Additionally, North America remains a key contributor due to the high demand for automated material handling solutions in industries such as automotive, food & beverage, and retail logistics.
The leading players in the global conveying equipment market include Siemens AG, Daifuku Co., Ltd., Honeywell International Inc., Swisslog Holding AG, Caterpillar Inc., and ABB Ltd. These companies are actively investing in automation, AI-driven conveyor technologies, and warehouse optimization solutions. Interroll Group and Fives Group are also prominent, providing advanced conveyor solutions for logistics and manufacturing industries. Additionally, Kardex, KUKA AG (Swisslog), and Sandvik AB are key players enhancing the market through innovation and strategic expansions. The competition is driven by the increasing demand for automated material handling in e-commerce, food processing, and industrial manufacturing sectors.
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