Conveying Equipment Market
By Type;
Belt, Roller, Pallet, Overhead, Chain Conveyors and OthersBy Product;
Unit Handling, Bulk Handling and Parts & AttachmentsBy Application;
Food & Beverage, Warehouse & Distribution, Automotive, Airport, Mining, Electronics and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Conveying Equipment Market Overview
Conveying Equipment Market (USD Million)
Conveying Equipment Market was valued at USD 35,557.15 million in the year 2023. 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%.
Conveying Equipment Market
*Market size in USD million
CAGR 3.8 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 3.8 % |
Market Size (2024) | USD 36,908.32 Million |
Market Size (2031) | USD 47,918.78 Million |
Market Concentration | High |
Report Pages | 367 |
Major Players
- 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.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Conveying Equipment Market
Fragmented - Highly competitive market without dominant players
The Conveying Equipment Market is witnessing strong growth as industries increasingly adopt automated systems for material handling. With more than 45% of manufacturing facilities utilizing mechanized conveying, the trend reflects the need for efficiency and reduced labor reliance. Key sectors such as automotive, mining, and food processing are fueling demand.
Rising Automation Demand
Automation is transforming the conveying equipment industry, with nearly 55% of new installations featuring integrated automation. Companies are investing in digitally connected systems to improve monitoring, minimize downtime, and align with Industry 4.0 strategies. This shift is boosting adoption across modern manufacturing environments.
Efficiency and Cost Advantages
The appeal of conveying equipment lies in its ability to cut costs and increase productivity. Businesses report up to a 30% reduction in operational expenses by implementing these systems. Enhanced speed of raw material transport and reduced manual handling have made conveying solutions highly valuable for medium and large enterprises.
Sustainability and Energy Efficiency
Environmental considerations are influencing product design, with over 40% of new equipment incorporating energy-efficient technologies. Features like lightweight construction, eco-friendly motors, and optimized designs help industries lower emissions. These advancements align with global sustainability goals while delivering long-term operational benefits.
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.
Conveying Equipment Market Segment Analysis
In this report, the Conveying Equipment Market Has Been Segmented By Type, Product, Equipment Type, End User and Geography.
Conveying Equipment Market, Segmentation by Type
The Conveying Equipment Market Has Been Segmented By Type into Belt, Roller, Pallet, Overhead, Chain conveyors and Others.
Belt Conveyors
Belt conveyors account for nearly 30% of the market, widely applied in mining, food processing, and manufacturing. They provide cost-effective, efficient transport of bulk materials across long distances.
Roller Conveyors
Roller conveyors represent about 20%, preferred in warehousing, e-commerce, and automotive sectors. They ensure smooth handling of packages, cartons, and assembly operations.
Pallet Conveyors
Pallet conveyors contribute around 15%, designed for heavy-duty logistics and manufacturing plants. They allow safe and efficient movement of large, bulky items across facilities.
Overhead Conveyors
Overhead conveyors hold nearly 12%, ideal for assembly lines and production facilities. They improve workflow efficiency and maximize space utilization in industries like automotive and textiles.
Chain Conveyors
Chain conveyors account for about 13%, suited for steel, cement, and automotive industries. Their robust design ensures handling of heavy, abrasive, or high-temperature materials.
Others
Others represent nearly 10%, including screw, vibrating, and magnetic conveyors. These solutions serve niche applications requiring specialized handling in diverse industries.
Conveying Equipment Market, Segmentation by Product
The Conveying Equipment Market Has Been Segmented By Product into Unit handling, Bulk handling, and Parts & attachments.
Unit Handling
Unit handling equipment represents nearly 45% of the market, used for moving boxes, pallets, and packages. It is highly adopted in warehousing, e-commerce, and automotive industries to improve material flow and reduce manual handling.
Bulk Handling
Bulk handling accounts for about 40%, designed for transporting coal, ores, grains, and cement. Demand is strong in mining, agriculture, and construction due to the need for continuous high-volume transport.
Parts & Attachments
Parts & attachments contribute nearly 15%, including belts, chains, rollers, and motors. These components ensure system efficiency, extend equipment lifespan, and support seamless industrial operations.
Conveying Equipment Market, Segmentation by Equipment Type
The Conveying Equipment Market Has Been Segmented By Equipment Type into Belt, Roller, Pallet, Overhead, Chain Conveyors and Others
Belt Conveyors
Belt conveyors account for nearly 32% of the market, widely applied in mining, food processing, and manufacturing. They enable efficient bulk transport over long distances at a cost-effective rate.
Roller Conveyors
Roller conveyors represent about 18%, used in warehousing, e-commerce, and automotive assembly. They provide smooth handling of packaged goods and ensure efficient material flow.
Pallet Conveyors
Pallet conveyors contribute nearly 15%, designed to move heavy-duty loads in logistics hubs, distribution centers, and manufacturing plants. They improve efficiency in handling bulky items.
Overhead Conveyors
Overhead conveyors hold close to 12%, ideal for automotive, textiles, and food industries. They enhance space utilization by reducing floor congestion and improving workflow.
Chain Conveyors
Chain conveyors account for around 13%, mainly used in steel, cement, and heavy machinery. Their robust design ensures durability when handling abrasive or heavy materials.
Others
Others represent nearly 10%, including screw, vibrating, and magnetic conveyors. These systems cater to specialized applications that demand unique handling solutions.
Conveying Equipment Market, Segmentation by End User
The Conveying Equipment Market Has Been Segmented By End User into Food & Beverage, Warehouse & Distribution, Automotive, Airport, Mining, Electronics and Others.
Food & Beverage
Food & Beverage accounts for nearly 22% of the market, applied in processing, packaging, and distribution. Their hygienic design and automation efficiency ensure compliance with food-grade standards while supporting high-volume output.
Warehouse & Distribution
Warehouse & Distribution represents about 20%, driven by e-commerce growth and logistics automation. Conveyors are vital in order fulfillment centers to enable fast material flow and reduced labor reliance.
Automotive
The automotive sector contributes close to 18%, using conveyors in assembly lines, painting systems, and vehicle manufacturing. They improve precision, reduce downtime, and optimize mass production.
Airport
Airports account for around 12%, primarily for baggage handling systems. Conveyors provide secure, fast, and reliable luggage movement, ensuring operational efficiency in passenger services.
Mining
Mining represents nearly 10%, where conveyors transport coal, ores, and minerals. Their durability and bulk handling capacity support safe and effective mining operations.
Electronics
Electronics holds about 9%, using conveyors for component assembly, testing, and packaging. Their precision handling and cleanroom compatibility drive adoption.
Others
Others contribute close to 9%, covering pharmaceuticals, chemicals, and textiles. Conveyors here are tailored for specialized applications to enhance efficiency.
Conveying Equipment Market, Segmentation by Geography
In this report, the Conveying Equipment Market Has Been Segmented By Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Conveying Equipment Market Share (%), by Geographical Region
North America
North America accounts for nearly 34% of the market, driven by warehousing, automotive, and food processing industries. Rising automation adoption and e-commerce expansion further support growth.
Europe
Europe represents about 27%, fueled by manufacturing hubs and strict automation standards. Industries such as automotive, mining, and food & beverage rely heavily on conveying systems.
Asia Pacific
Asia Pacific holds close to 26%, led by rapid industrialization and rising infrastructure investments. Strong demand comes from China, India, and Japan due to growing manufacturing and logistics activities.
Middle East & Africa
Middle East & Africa contribute nearly 7%, with demand concentrated in mining, oil & gas, and infrastructure projects. Adoption of advanced conveying systems is gradually expanding with industrial investment.
Latin America
Latin America holds around 6%, driven by mining, cement, and agriculture sectors. Regional industrial modernization is boosting the adoption of automated conveyor solutions.
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
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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
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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
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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.
Conveying Equipment Market Competitive Landscape Analysis
Conveying Equipment Market is shaped by a highly competitive environment where leading manufacturers continuously refine their strategies to secure stronger market positioning. With more than 65% share controlled by top players, intense collaboration and frequent partnerships define the industry, emphasizing cost efficiency, product reliability, and the pursuit of sustainable growth across various industrial applications.
Market Structure and Concentration
The market reflects a moderately consolidated framework, with the top 10 participants accounting for nearly 70% of overall activity. Regional suppliers capture about 30%, adding competitive pressure. Strategic mergers and collaboration strengthen dominance, while investment in specialized segments fuels expansion. Increasing customer focus on automation further enhances concentration among established brands.
Brand and Channel Strategies
Prominent companies rely on multi-channel strategies, balancing direct sales with distributor networks. Around 55% of demand is met through integrated partnerships, while e-commerce platforms account for nearly 20%. Strong branding, after-sales services, and innovation in digital marketing enhance visibility. Strategic alignment with global distributors secures competitive growth across manufacturing hubs.
Innovation Drivers and Technological Advancements
Nearly 60% of new launches integrate advanced automation, robotics, and IoT-enabled technological advancements. Continuous innovation in energy efficiency and smart monitoring systems improves operational performance. Investment in R&D accounts for over 15% of leading firms’ budgets, highlighting the push toward intelligent conveying solutions that ensure sustainable growth and adaptability to diverse industries.
Regional Momentum and Expansion
Asia-Pacific contributes more than 40% of total demand, driven by rapid industrial expansion and infrastructure development. North America and Europe collectively capture 45%, focusing on automation and digital transformation. Regional partnerships and localized production strategies enhance competitiveness. Strategic collaboration with suppliers ensures supply chain stability, fueling consistent growth in developed and emerging economies.
Future Outlook
The future landscape indicates steady growth, with automation projected to influence nearly 65% of industry processes within the next decade. Continued mergers and partnerships will define consolidation, while innovation in green technologies will enhance efficiency. Regional expansion through strategic investments ensures a strong market presence, positioning industry leaders for sustained competitiveness and long-term resilience.
Key players in Conveying Equipment Market include:
- Daifuku Co., Ltd.
- BEUMER Group
- Continental AG
- Fives Group
- Emerson Electric Co.
- FlexLink
- Siemens AG
- Kion Group AG
- KUKA AG
- Jungheinrich AG
- Kardex
- Murata Machinery, Ltd.
- Phoenix Conveyor Belt Systems
- TGW Logistics Group
- Telelift GmbH
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Market Share Analysis
- Financial Overview
- Strategies
- Company SWOT Analysis
- 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 Application
- Market Snapshot, By Region
- 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
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- 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
- Conveying Equipment Market, By Type, 2021 - 2031 (USD Million)
- Belt
- Roller
- Pallet
- Overhead
- Chain Conveyors
- Others
- Conveying Equipment Market, By Product, 2021 - 2031 (USD Million)
- Unit Handling
- Bulk Handling
- Parts & Attachments
- Conveying Equipment Market, By Application, 2021 - 2031 (USD Million)
- Food & Beverage
- Warehouse & Distribution
- Automotive
- Airport
- Mining
- Electronics
- Others
- Conveying Equipment Market, By Geography, 2021 - 2031 (USD Million)
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North America
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United States
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Canada
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Europe
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Germany
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United Kingdom
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France
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Italy
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Spain
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Nordic
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Benelux
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Rest of Europe
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Asia Pacific
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Japan
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China
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India
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Australia & New Zealand
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South Korea
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ASEAN (Association of South East Asian Countries)
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Rest of Asia Pacific
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Middle East & Africa
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GCC
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Israel
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Mexico
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Argentina
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Rest of Latin America
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- Conveying Equipment Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Daifuku Co., Ltd.
- BEUMER Group
- Continental AG
- Fives Group
- Emerson Electric Co.
- FlexLink
- Siemens AG
- Kion Group AG
- KUKA AG
- Jungheinrich AG
- Kardex
- Murata Machinery, Ltd.
- Phoenix Conveyor Belt Systems
- TGW Logistics Group
- Telelift GmbH
- Company Profiles
- Analyst Views
- Future Outlook of the Market