Conveyors Market

By Product Type;

Belt, Roller, Pallet, and Overhead

By Operation;

Manual, Semi-Automatic, and Automatic

By Load Type;

Unit Handling and Bulk Handling

By Application;

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

By End-User Industry;

Airport, Retail & E-Commerce, Automotive, and More

By Geography;

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

Conveyors Market Overview

Conveyors Market (USD Million)

Conveyors Market was valued at USD 9,037.83 million in the year 2024. 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%.


Conveyors Market

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 9,037.83 Million
Market Size (2031)USD 12,217.09 Million
Market ConcentrationHigh
Report Pages344
9,037.83
2024
12,217.09
2031

Major Players

  • Siemens AG
  • Honeywell International Inc.
  • Daifuku Co., Ltd.
  • Dematic Group
  • Interroll Group
  • Vanderlande Industries
  • Fives Group
  • Swisslog Holding AG
  • BEUMER Group
  • TGW Logistics Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Conveyors Market

Fragmented - Highly competitive market without dominant players


The conveyors market is evolving as a crucial element in industrial operations, delivering efficiency and consistent workflow management. Usage has surged by about 45%, as companies increasingly depend on conveyor systems to enhance throughput and reduce human intervention, thereby ensuring faster and more reliable operations.

Rising Demand for Efficiency
A strong emphasis on automation and efficiency is fueling conveyor adoption, with nearly 40% of industries incorporating these systems to minimize downtime and maintain seamless processes. By enabling uninterrupted material flow, conveyors improve cost-effectiveness while supporting industries in meeting rising productivity demands.

Technological Advancements Driving Growth
Modern innovations like AI-enabled controls, IoT connectivity, and advanced automation are reshaping conveyor functionality. Roughly 50% of new installations are integrated with smart technologies, allowing real-time monitoring, predictive maintenance, and process optimization. This has significantly enhanced performance, accuracy, and operational efficiency across industries.

Safety and Operational Benefits
The role of conveyors in ensuring workplace safety is equally important. Approximately 35% of companies attribute a reduction in workplace risks to conveyor adoption. These systems lessen manual handling, improve ergonomics, and create safer working environments while maintaining high productivity levels.

Future Outlook of Conveyors Market
Looking ahead, the conveyors market shows strong growth prospects, supported by digital transformation and industrial modernization. Nearly 60% of enterprises are set to increase investment in advanced conveyors. Continuous innovation and strategic adoption are expected to embed these systems even deeper into the future of industrial infrastructure.

  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 Load Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By End-User Industry
    6. Market Snapshot, By Region
  4. 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. Conveyors Market, By Product Type, 2021 - 2031 (USD Million)
      1. Belt
      2. Roller
      3. Pallet
      4. Overhead.
    2. Conveyors Market, By Operation, 2021 - 2031 (USD Million)
      1. Manual
      2. Semi-Automatic
      3. Automatic
    3. Conveyors Market, By Load Type, 2021 - 2031 (USD Million)

      1. Unit Handling

      2. Bulk Handling

    4. Conveyors Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Pharmaceuticals
      3. Supply chain & Logistics
      4. Manufacturing
      5. Mining
      6. Others
    5. Conveyors Market, By End-User Industry, 2021 - 2031 (USD Million)

      1. Airport

      2. Retail & E-Commerce

      3. Automotive

      4. More

    6. 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