Global Conveyor Market Growth (Status and Outlook) 2023-2029

Global Conveyor Market Growth (Status and Outlook) 2023-2029

A conveyor system is a common piece of mechanical handling equipment that moves materials from one location to another. Conveyors are especially useful in applications involving the transportation of heavy or bulky materials.
LPI (LP Information)' newest research report, the “Conveyor Industry Forecast” looks at past sales and reviews total world Conveyor sales in 2022, providing a comprehensive analysis by region and market sector of projected Conveyor sales for 2023 through 2029. With Conveyor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Conveyor industry.
This Insight Report provides a comprehensive analysis of the global Conveyor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Conveyor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Conveyor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Conveyor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Conveyor.
The global Conveyor market size is projected to grow from US$ 10680 million in 2022 to US$ 15210 million in 2029; it is expected to grow at a CAGR of 5.2% from 2023 to 2029.
The major players in global conveyor market include Bosch Rexroth, Siemens, Dematic, etc. The top 3 players occupy about 25% shares of the global market. Europe and United States are main markets, they occupy about 50% of the global market. belt conveyors is the main type, with a share about 30%. Retail is the main application, which holds a share about 36%.
This report presents a comprehensive overview, market shares, and growth opportunities of Conveyor market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Roller Conveyors
Belt Conveyors
Overhead Conveyors
Pallet Conveyors
Other Conveyors
Segmentation by application
Automotive
Food & Beverages
Engineering Machinery
Retail
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch Rexroth
Siemens
Dematic
Buhler Group
Durr AG
Daifuku
FlexLink
Jungheinrich
Liebherr Group
Dorner Conveyors
Hytrol Conveyor
Fujian Gao Chuang Machinery Co.,Ltd
Kardex
LEWCO
Murata Machinery
Ssi Schaefer
Fives Group
Swisslog
BEUMER Group
Taikisha
Shuttleworth

Please note: The report will take approximately 2 business days to prepare and deliver.