Report ID : 1307097 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Conveyor Equipments Industry is categorized based on Type (Belt Conveyors, Roller Conveyors, Overhead Conveyors, Pneumatic Conveyors, Magnetic Conveyors) and End-Use Industry (Manufacturing, Food & Beverage, Retail, Mining & Minerals, Pharmaceuticals) and Conveyor System Configuration (Unit Handling, Bulk Handling, Automated, Non-Automated, Modular) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The Conveyor Equipments Industry was worth $4.5 billion in 2023 and is forecasted to reach $7.2 billion by 2033, growing at a CAGR of 5.0% over the period 2024-2033. This report covers various segments and analyzes the key trends and factors influencing the market significantly.
The Conveyor Equipment Market is one of the modern revolutions in expanding industrial gains as such equipment increases the efficiency and productivity of numerous industries. Despite the rapid growth of many industries that make the demand for global freight processes occur smoother, further explanations concerning conveyor systems cannot be left untold. They push the simplest actions of transporting goods, materials, and products to the extreme limits of automation and enable a reduction in operational downtime so that manual work is virtually non-existent. Technology has dramatically altered the capabilities of conveyor equipment in recent years modernizing its application in manufacturing, warehousing, and distribution operations.
Today, one of the main trends that the conveyor equipment market will develop within the next few years is the increasing focus on automation, environmental and practical design, and personalization of equipment. The internal processes structures of most companies are changing rapidly as they strive for cost-effective and sustainable optimization processes in their supply chain. The introduction of cost-effective solutions within conveyor systems for its users has also caused an increasing application of smart technologies, various layouts, and modifiable homenclature. Such factors make this business environment quite complex, as well as offering substantial scope for meeting the aspirations of companies that seek to adopt conveyor technology in order to remain competitive within the B2B ecosystem.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Siemens AG, Daifuku Co. Ltd., Honeywell Intelligrated, Dematic, Mitsubishi Electric Corporation, Schneider Electric, Fives Group, Interroll Holding AG, Bosch Rexroth AG, BEUMER Group GmbH & Co. KG, KION GROUP AG |
SEGMENTS COVERED |
By Type - Belt Conveyors, Roller Conveyors, Overhead Conveyors, Pneumatic Conveyors, Magnetic Conveyors By End-Use Industry - Manufacturing, Food & Beverage, Retail, Mining & Minerals, Pharmaceuticals By Conveyor System Configuration - Unit Handling, Bulk Handling, Automated, Non-Automated, Modular By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Conveyor Equipments Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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