Conveying Equipment

Global Conveying Equipment Market to Reach US$64.5 Billion by 2030

The global market for Conveying Equipment estimated at US$55.4 Billion in the year 2024, is expected to reach US$64.5 Billion by 2030, growing at a CAGR of 2.6% over the analysis period 2024-2030. Belt Conveyors, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$4.7 Billion by the end of the analysis period. Growth in the Roller Conveyors segment is estimated at 2.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$15.1 Billion While China is Forecast to Grow at 5.1% CAGR

The Conveying Equipment market in the U.S. is estimated at US$15.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.5 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.9% and 2.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.

Global Conveying Equipment Market – Trends, Innovations & Growth Drivers

Why Is Conveying Equipment Essential in Industrial Operations?

Conveying equipment plays a crucial role in modern industrial processes, enabling the efficient movement of materials, products, and components across various stages of manufacturing, packaging, and distribution. These systems are widely used in industries such as automotive, food and beverage, pharmaceuticals, mining, and logistics, ensuring seamless material handling, reduced labor costs, and improved operational efficiency. As industries continue to scale up production and automation becomes a central focus, the demand for advanced conveying systems is increasing significantly.

One of the primary drivers behind the growth of conveying equipment is the rising need for efficiency and safety in material handling operations. Traditional manual methods are often time-consuming, labor-intensive, and prone to errors, leading to inefficiencies in production lines. Conveying equipment enhances productivity by automating material movement, reducing downtime, and minimizing the risk of workplace injuries. Additionally, the expansion of e-commerce and warehousing operations has fueled the demand for automated conveyor systems that can handle high-speed sorting, packaging, and order fulfillment processes with precision.

How Are Technological Advancements Enhancing Conveying Equipment?

The rapid integration of automation, robotics, and IoT-based monitoring systems is significantly improving the capabilities of conveying equipment. One of the most notable advancements is the adoption of smart conveyors equipped with sensors, real-time data tracking, and predictive maintenance capabilities. These systems allow manufacturers to monitor conveyor performance, detect potential failures before they occur, and optimize material flow to prevent bottlenecks in production.

Another key innovation is the development of modular and flexible conveyor systems that can be easily reconfigured to accommodate changing production requirements. Unlike traditional fixed conveyors, modular designs offer scalability and adaptability, allowing industries to customize their material handling systems based on specific operational needs. Additionally, the incorporation of energy-efficient conveyor technologies, such as low-power motors and regenerative braking systems, is helping industries reduce energy consumption and lower operational costs. The emergence of robotic conveyor systems integrated with AI-driven automation is also transforming material handling, enabling precise sorting, automated palletizing, and seamless coordination with robotic pick-and-place operations.

What Are the Key Applications of Conveying Equipment?

Conveying equipment is extensively used across multiple industries, each with specific material handling requirements. In the manufacturing sector, conveyors play a vital role in assembly lines, moving raw materials, semi-finished products, and finished goods between different workstations. Automotive manufacturers, for example, rely on conveyor belts, roller conveyors, and overhead conveyor systems to transport vehicle components efficiently throughout production facilities.

In the food and beverage industry, conveying systems are essential for processing, packaging, and distribution. Hygienic conveyor designs featuring stainless steel frames, easy-to-clean surfaces, and food-grade belts help maintain product quality and comply with industry regulations. The pharmaceutical sector also benefits from precision conveying equipment used in tablet production, sterile packaging, and high-speed sorting. Additionally, logistics and warehousing operations heavily depend on conveyor systems for order fulfillment, carton handling, and automated sorting, enhancing the efficiency of supply chain operations. The mining and construction industries utilize heavy-duty conveyors for bulk material handling, transporting aggregates, ores, and raw materials over long distances with minimal manual intervention.

What Factors Are Driving Growth in the Conveying Equipment Market?

The growth in the conveying equipment market is driven by several factors, including increasing industrial automation, expanding e-commerce operations, and rising demand for energy-efficient material handling solutions. As businesses focus on improving production efficiency and reducing operational costs, the adoption of automated conveyor systems is gaining momentum. The rapid expansion of e-commerce and third-party logistics providers is further boosting the demand for high-speed conveyor systems capable of handling large volumes of parcels and shipments efficiently.

Another key driver is the growing emphasis on workplace safety and ergonomics. Companies are investing in advanced conveyor systems to minimize manual lifting, reduce repetitive strain injuries, and ensure compliance with workplace safety regulations. Additionally, the push for sustainability in industrial operations is encouraging the development of eco-friendly conveyor technologies that consume less energy and incorporate recyclable materials. The continuous advancement in robotics, AI-driven automation, and IoT-enabled monitoring systems is expected to further accelerate market growth, positioning conveying equipment as a vital component in modern industrial and logistics operations.

SCOPE OF STUDY:

The report analyzes the Conveying Equipment market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Conveyor Type (Belt Conveyors, Roller Conveyors, Pallet Conveyors, Overhead Conveyors, Chain Conveyors, Other Conveyor Types); Equipment Type (Unit Handling Equipment, Bulk Handling Equipment, Parts and Attachments Equipment); Application (Food and Beverage Application, Warehouse and Distribution Application, Automotive Application, Airport Application, Mining Application, Electronics Application, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 44 Featured) -

• American Conveyor Systems
• Continental AG
• Daifuku Co., Ltd.
• Dematic
• Dorner Conveyors
• Elecon Engineering
• Fives Group
• Hytrol Conveyor Co., Inc.
• Intelligrated, Inc.
• Intralox
• Kaufman Engineered Systems
• Konecranes
• Siemens AG
• Taikisha Ltd.
• Takraf GmbH
• Terex Corporation
• Titan Industries Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.