Conveyor System Market, By Type (Belt Conveyor Systems, Roller Conveyor Systems, Overhead Conveyor Systems, Pallet Conveyor Systems, Others (e.g.Vibrating Conveyor, Bucket Conveyor)), By Vertical (Manufacturing, Logistics and Warehousing, Food and Beverage, Mining and Minerals, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Conveyor systems have revolutionized industrial operations by providing efficient material handling solutions. A conveyor system consists of belt platforms or other transport equipment that moves materials from one location to another in various industrial processes. Globalization and rapid industrialization have significantly boosted demand for automated material handling systems across diverse industries. Conveyor systems help streamline workflows, boost productivity, and facilitate just-in-time manufacturing practices by seamlessly integrating different production stages. Rising labor costs and focus on labor optimization have boosted the adoption of conveyor technology worldwide.
Market Dynamics:
Global conveyor system market growth is driven by factors like rapid growth of the e-commerce and logistics industries, increasing labor costs, and need for automation and operational efficiency improvements across diverse end-use verticals. However, high initial investment requirements can pose a major challenge for market growth. Growing trend of automation and use of Industry 4.0 technologies can offer new opportunities with innovations like integrated controls, predictive maintenance, and advanced material tracking capabilities. Advancements in belt materials, compact designs, and integration of IoT can also expand potential uses of conveyor systems in novel application areas.
Key features of the study:
This report provides in-depth analysis of the global conveyor system market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global conveyor system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bastian Solutions, Inc., BEUMER Group GmbH & Co. KG, Caterpillar Inc., Continental Conveyor, Daifuku Co., Ltd., Dematic Corp., Dürr AG, Emerson Electric Co., Fives Group, Interroll Group, Kardex Group, Kuka AG (Swisslog Holding AG), Murata Machinery, Ltd., Siemens AG, SSI Schäfer AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global conveyor system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation-
Type Insights (Revenue, US$ Bn, 2019 - 2031)
Belt Conveyor Systems
Roller Conveyor Systems
Overhead Conveyor Systems
Pallet Conveyor Systems
Others (e.g. Vibrating Conveyor, Bucket Conveyor)
Vertical Insights (Revenue, US$ Bn, 2019 - 2031)
Manufacturing
Logistics and Warehousing
Food and Beverage
Mining and Minerals
Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
Bastian Solutions, Inc.
BEUMER Group GmbH & Co. KG
Caterpillar Inc.
Continental Conveyor
Daifuku Co., Ltd.
Dematic Corp.
Dürr AG
Emerson Electric Co.
Fives Group
Interroll Group
Kardex Group
Kuka AG (Swisslog Holding AG)
Murata Machinery, Ltd.
Siemens AG
SSI Schäfer AG
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Conveyor System Market, By Type
Global Conveyor System Market, By Vertical
Global Conveyor System Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Conveyor System Market, By Type, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Belt Conveyor Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Roller Conveyor Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Overhead Conveyor Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Pallet Conveyor Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Others (e.g. Vibrating Conveyor, Bucket Conveyor)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
5. Global Conveyor System Market, By Vertical, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Logistics and Warehousing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Food and Beverage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Mining and Minerals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
6. Global Conveyor System Market, By Region, 2019 - 2031, (US$ Bn)