Conveyor System Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Belt Conveyors, Roller Conveyors, Overhead Conveyors, and Others), Operation Mode (Automatic Conveyor Syste

The conveyor system market was valued at US$ 6.47 million in 2024 and is projected to reach US$ 9.40 million by 2031; it is expected to register a CAGR of 5.7% during 2025-2031.

South and Central America is segmented into Brazil, Argentina, and the Rest of SAM. Industrial expansion, resource-based sectors, and rising automation in logistics and manufacturing operations primarily drive South and Central America's conveyor system market. Countries such as Brazil, Chile, and Argentina are focal points due to their established mining, agriculture, automotive, and food processing industries. Conveyor systems are integral in these sectors to handle bulk materials efficiently, especially in environments with high throughput requirements. In mining, conveyors are used to transport minerals over long distances, improving efficiency and reducing reliance on trucks. Meanwhile, the food and beverage sector is upgrading production lines to meet international safety and traceability standards, leading to the adoption of hygienic and modular conveyor systems. Another key driver is the steady growth of e-commerce, especially in urban centers, which is prompting investments in warehouse automation and last-mile logistics infrastructure.

However, economic instability and varying import regulations across countries pose challenges to market consistency. In response, many regional firms are turning to locally manufactured systems that offer simpler design and lower upfront costs. Furthermore, rising labor costs and the need for operational scalability are prompting even small and mid-sized businesses to adopt semi-automated conveyor solutions. Government-backed industrialization policies, along with trade agreements facilitating equipment imports and exports, are also creating a more favorable environment for conveyor system adoption. As supply chains become more regionalized and infrastructure spending continues, the conveyor systems market is expected to gradually expand across South and Central America, with tailored solutions taking precedence over one-size-fits-all models.

Daifuku Co Ltd, Kion Group AG, Metso Outotec Corp, Honeywell International Inc, Interroll Holding GmbH, Fives SAS, SSI SCHAEFER Group, Swisslog Holding AG, TGW Logistics Group GmbH, and Vanderlande Industries BV are among the key conveyor system market players that are profiled in this market study.

The overall conveyor system market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the conveyor system market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the conveyor system market.

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