Conveyor Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Conveyor System Market is segmented by Product (Belt, Roller, Pallet, Overhead), End-user Vertical (Airport, Retail, Automotive, Manufacturing, Food & Beverage, Pharmaceuticals, Mining), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Conveyor Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Conveyor Market Size

Conveyors Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.50 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Conveyors Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Conveyors Market with other markets in Technology, Media and Telecom Industry

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Conveyor Market Analysis

The Conveyors Market is expected to register a CAGR of 4.5% during the forecast period.

  • With the rapidly increasing growth in Stock-Keeping Units (SKUs), wholesalers and distributors need help to make informed decisions about their operations, which drives the need for the more innovative use of labor, equipment, and technology. The main factors driving the need for these automated material handling systems are cost savings, labor efficiency, and space constraints.
  • Various factors, such as industrial growth, expansions, modernization of industries, and product and process-specific conditions, influence the conveyor systems market. Conveyor systems help simplify the task of handling bulky materials. It plays a vital role in operations by reducing and minimizing production cycle time and errors.
  • Supply chains and business processes are becoming increasingly complex, and customers are demanding more. At the same time, competitive pressure is also growing among national economies and individual market players. Therefore, outsourcing models and automation are gaining demand.
  • It has also been observed that there is an increasing need for delivering various products in small time frames that require efficient inventory management and reverse logistic systems. The developing automotive, retail, and food and beverage industries are also likely to fuel the growth of the market studied.
  • The spread of COVID-19 has positively affected the market studied, especially in the food & beverage and pharmaceutical sectors, which have been deemed under essential services. Due to increased sales of the products under these segments, manufacturing facilities have been working round the clock to deliver the end products, which was only possible with the usage of conveyor belts, among other machines.

Conveyor Industry Overview

The Conveyor Market is highly competitive owing to the presence of many prominent players supplying their products in domestic and international markets. The market appears to be moderately fragmented, with the major players adopting strategies like product innovation and mergers and acquisitions. Some of the major players in the market are Daifuku Co. Ltd, SSI Schaefer AG, and Murata Machinery Ltd, among others.

  • March 2022 - Honeywell announced a collaboration with OTTO Motors, a division of Clearpath Robotics, giving warehouses and distribution centers throughout North America an automated option to address some of the most labor-intensive roles in an increasingly scarce job market. The collaboration also allows Honeywell customers to increase efficiency, reduce errors and enhance safety by installing OTTO's autonomous mobile robots (AMRs) in their facilities. These AMRs also provide a flexible and powerful way to transport pallets, typically accomplished primarily with forklifts and conveyor systems.
  • May 2022 - Viastrore Systems GmbH announced that Interroll and Viastore had agreed to work more closely together in the field of conveyor technology in the future. The managing directors locked the corresponding cooperation with a handshake at LogiMAT, the international trade fair for intralogistics solutions, in Stuttgart, Germany.

Conveyor Market Leaders

  1. Daifuku Co. Ltd

  2. SSI Schaefer AG

  3. Murata Machinery Ltd

  4. BEUMER Group GmbH & Co. KG

  5. Honeywell Intelligrated Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Conveyors Market  Concentration
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Conveyor Market News

  • October 2022: Daifuku North America Holding Company (Daifuku) announced its new manufacturing plant in Boyne City, Michigan, USA. The company invested USD 26 million to build this world-class 225,000 sq. ft. manufacturing facility. The plant is on 22 acres of land and is operated by Jervis B. Webb Company, a Daifuku North America subsidiary. Moreover, Jervis B. Webb Company (Webb) builds conveyor components for complex systems that support airports, automotive, and general industries.
  • August 2022: Hitachi Energy announced that it would implement the Kardex AutoStore solution in the Dietlikon site, which includes goods receipt and inspection, storage, picking & packing, and shipping of the service components. Kardex performed several system simulations with actual data during the planning phase for the customized design of Hitachi Energy's AutoStore solution. In the first expansion stage, the grid will only be equipped with 3,000 bins, two "Red Line" (R5) robots, and two Conveyor Ports.

Conveyor Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Demand for Handling Larger Volumes of Goods and Improving Productivity
    • 4.2.2 Rapid Growth of E-commerce
  • 4.3 Market Restraints
    • 4.3.1 High Initial Investments
  • 4.4 Industry Value Chain Analysis
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Assessment of COVID-19 Impact on the Industry

5. MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Belt
    • 5.1.2 Roller
    • 5.1.3 Pallet
    • 5.1.4 Overhead
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 By End User
    • 5.2.1.1.1 Airport
    • 5.2.1.1.2 Retail
    • 5.2.1.1.3 Automotive
    • 5.2.1.1.4 Manufacturing
    • 5.2.1.1.5 Food and Beverage
    • 5.2.1.1.6 Pharmaceuticals
    • 5.2.1.1.7 Mining *(Kindly note that similar end-user segment coverage is provided for all other regions in the scope)
    • 5.2.1.2 By Country
    • 5.2.1.2.1 United States
    • 5.2.1.2.2 Canada
    • 5.2.2 Europe
    • 5.2.2.1 By End User
    • 5.2.2.2 By Country
    • 5.2.2.2.1 France
    • 5.2.2.2.2 Germany
    • 5.2.2.2.3 Italy
    • 5.2.2.2.4 Netherlands
    • 5.2.2.2.5 Rest of Europe
    • 5.2.3 Asia Pacific
    • 5.2.3.1 By End User
    • 5.2.3.2 By Country
    • 5.2.3.2.1 Australia
    • 5.2.3.2.2 China
    • 5.2.3.2.3 India
    • 5.2.3.2.4 Japan
    • 5.2.3.2.5 South Korea
    • 5.2.3.2.6 Rest of APAC
    • 5.2.4 Latin America
    • 5.2.4.1 By End User
    • 5.2.4.2 By Country
    • 5.2.4.2.1 Argentina
    • 5.2.4.2.2 Brazil
    • 5.2.4.2.3 Mexico
    • 5.2.4.2.4 Rest of Latin America
    • 5.2.5 Middle East & Africa
    • 5.2.5.1 By End User
    • 5.2.5.2 By Country
    • 5.2.5.2.1 United Arab Emirates
    • 5.2.5.2.2 Saudi Arabia
    • 5.2.5.2.3 South Africa
    • 5.2.5.2.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Daifuku Co. Ltd
    • 6.1.2 SSI Schaefer AG
    • 6.1.3 Murata Machinery Ltd
    • 6.1.4 Mecalux SA
    • 6.1.5 BEUMER Group GmbH & Co. KG
    • 6.1.6 KNAPP AG
    • 6.1.7 KUKA AG (Swisslog AG)
    • 6.1.8 Honeywell Intelligrated Inc.
    • 6.1.9 Kardex Group
    • 6.1.10 Viastrore Systems GmbH
    • 6.1.11 Bastian Solutions Inc.
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Conveyor Industry Segmentation

Conveyor systems are mechanical devices or assemblies used to transport various materials with little effort. There are different conveyor systems, usually consisting of a frame that supports either wheels, rollers, or a belt, upon which the materials move from one place to another.

The Conveyors Market is segmented by Product (Belt, Roller, Pallet, Overhead), End-user Vertical (Airport, Retail, Automotive, Manufacturing, Food & Beverage, Pharmaceuticals, Mining), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Product Type Belt
Roller
Pallet
Overhead
Geography North America By End User Airport
Retail
Automotive
Manufacturing
Food and Beverage
Pharmaceuticals
Mining *(Kindly note that similar end-user segment coverage is provided for all other regions in the scope)
By Country United States
Canada
Europe By End User
By Country France
Germany
Italy
Netherlands
Rest of Europe
Asia Pacific By End User
Australia
China
India
Japan
South Korea
Rest of APAC
Latin America By End User
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa By End User
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Conveyor Market Research FAQs

What is the current Conveyors Market size?

The Conveyors Market is projected to register a CAGR of 4.5% during the forecast period (2025-2030)

Who are the key players in Conveyors Market?

Daifuku Co. Ltd, SSI Schaefer AG, Murata Machinery Ltd, BEUMER Group GmbH & Co. KG and Honeywell Intelligrated Inc. are the major companies operating in the Conveyors Market.

Which is the fastest growing region in Conveyors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Conveyors Market?

In 2025, the Asia Pacific accounts for the largest market share in Conveyors Market.

What years does this Conveyors Market cover?

The report covers the Conveyors Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Conveyors Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Conveyor Industry Report

Statistics for the 2025 Conveyors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Conveyors analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.