Home Industry Reports Custom Research Blogs About Us Contact us

Conveying Equipment Market Size & Share, By Type (Belt, Roller, Pallet, Overhead, Chain Conveyors, Others), Product (Unit Handling, Bulk Handling, Parts & Attachments), Application (Food & Beverage, Warehouse & Distribution, Automotive, Airport, Mining, Electronics, Others), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 6974

|

Published Date: Sep-2024

|

Format : PDF, Excel

التوقعات السوقية:

Conveying Equipment Market exceeded USD 50.71 billion in 2023 and is expected to cross USD 70.24 billion by end of the year 2032, growing at over 3.7% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 50.71 billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

3.7%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 70.24 billion

19-23 x.x %
24-32 x.x %
Conveying Equipment Market

Historical Data Period

2019-2023

Conveying Equipment Market

Largest Region

Asia Pacific

Conveying Equipment Market

Forecast Period

2024-2032

Get more details on this report -

سوق الديناميكية:

Growth Drivers & Opportunity:

One of the primary growth drivers for the conveying equipment market is the surge in automation across various industries. As companies strive for enhanced operational efficiency and productivity, the adoption of automated systems has increased significantly. This has led to a higher demand for conveying equipment, which plays a critical role in streamlining material handling processes. Industries such as manufacturing, logistics, and food processing are particularly focusing on incorporating advanced conveying solutions to improve workflow and reduce labor costs.

Another major growth driver is the expansion of e-commerce and online retailing. The rise of online shopping has necessitated efficient supply chain solutions to manage the high volume of orders and fast delivery expectations. This trend has resulted in increased investments in material handling technologies, including conveying systems, to optimize warehousing and distribution processes. Companies are looking for innovative conveying equipment that can handle a variety of products while ensuring quick and reliable order fulfillment to maintain competitive advantage in the market.

Lastly, technological advancements in conveying equipment contribute significantly to market growth. Innovations such as IoT integration, smart sensors, and automation technologies have transformed traditional conveyor systems into highly efficient and adaptable solutions. This technological evolution enables better monitoring, predictive maintenance, and enhanced performance, making modern conveying equipment more appealing to businesses aiming for operational excellence. As companies seek to leverage these technologies, the demand for advanced conveying solutions is expected to increase.

Report Scope

Report CoverageDetails
Segments CoveredConveying Equipment Type, Product, Application
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledDaifuku, Siemens AG, Honeywell Intelligrated, TGW Logistics Group, BEUMER Group, Vanderlande Industries, Murata Machinery,., Fives Group, Dematic, Swisslog Holding AG, Interroll Group, Viastore Systems, KNAPP AG, Hytrol Conveyor Company,, Jervis B. Webb Company

Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!

Industry Restraints:

A major restraint impacting the conveying equipment market is the high initial investment required for advanced conveyor systems. Despite the long-term cost advantages and efficiency gains, the upfront costs associated with purchasing and installing sophisticated conveying equipment can be a deterrent for small to medium-sized enterprises. These organizations may find it challenging to allocate budget for such investments, limiting their ability to adopt modern conveying solutions and compete effectively in the market.

Another significant restraint is the complexity of integration with existing systems. Many companies operate with legacy equipment and systems, making it difficult to incorporate new conveying technology without significant modifications or overhauls. The challenge of seamless integration can lead to increased downtime during the installation phase, causing potential disruptions in operations. This complexity may discourage businesses from upgrading their material handling processes, ultimately slowing growth in the conveying equipment market.

التوقعات الإقليمية:

Conveying Equipment Market

Largest Region

Asia Pacific

42% Market Share in 2023

Get more details on this report -

North America

The conveying equipment market in North America is primarily driven by the growing industrial sector, particularly in manufacturing, logistics, and warehousing. The U.S. holds a significant share of the market, with a strong emphasis on automation and efficiency in material handling processes. The expansion of e-commerce has led to an increased demand for advanced conveying systems capable of handling diverse product types and sizes. Additionally, a focus on reducing operational costs and improving productivity in warehouses is propelling the adoption of state-of-the-art conveying solutions. Canada is witnessing similar trends, with a burgeoning logistics sector and investment in industrial infrastructure fueling market growth.

Asia Pacific

In the Asia Pacific region, China stands out as a major player in the conveying equipment market due to its expansive manufacturing base and rapid industrialization. The country is investing heavily in automation technologies, which are crucial for enhancing operational efficiency in various sectors, including automotive and electronics. Japan and South Korea also contribute significantly to the market, with a strong focus on advanced material handling solutions and robotics. The growing e-commerce landscape in these countries is increasing the demand for innovative conveying systems. Furthermore, government initiatives promoting smart factories and Industry 4.0 are expected to bolster market growth across Asia Pacific.

Europe

Europe is experiencing steady growth in the conveying equipment market, driven by the need for automation and modernization across various industries. The United Kingdom is at the forefront, with investments in logistics and supply chain enhancements aimed at improving efficiency and throughput. Germany’s strong manufacturing sector, especially in automotive and machinery, is a critical contributor to the market, as companies seek to modernize their material handling processes. France also supports this growth through initiatives aimed at fostering innovation in industrial automation. The increasing importance of sustainability and eco-friendly solutions is prompting manufacturers to adopt advanced conveying technologies that align with these goals, further driving market expansion in Europe.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Conveying Equipment Market

تحليل التجزئة:

""

In terms of segmentation, the global Conveying Equipment market is analyzed on the basis of Conveying Equipment Type, Product, Application.

Conveying Equipment Market by Type

The conveying equipment market is diversified across various types including belt, roller, pallet, overhead, chain conveyors, and others. Belt conveyors dominate the market due to their versatility and wide application across multiple industries. Roller conveyors are favored for their ease of use in warehousing and distribution settings, providing efficient movement of goods. Pallet conveyors find their niche in the automotive and logistics sectors, while overhead conveyors offer innovative solutions in limited space environments, such as manufacturing and assembly lines. Chain conveyors, known for their durability and capability to transport heavy loads, are essential in industrial applications. Collectively, the range of types available caters to specific operational needs and enhances productivity across various sectors.

Conveying Equipment Market by Product

The product segmentation in the conveying equipment market is categorized into unit handling, bulk handling, and parts & attachments. Unit handling products are crucial for efficient movement and organization of individual items in warehouses and manufacturing facilities. Bulk handling products cater to industries dealing with large volumes of materials, such as mining and agriculture, facilitating the transportation of bulk goods. Parts and attachments play a significant role in enhancing the functionality and efficiency of conveying systems, providing essential support and adaptability for various material handling needs. The combination of these products allows for a comprehensive approach to material transport across diverse applications.

Conveying Equipment Market by Application

In terms of application, the conveying equipment market encompasses key sectors including food & beverage, warehouse & distribution, automotive, airport, mining, electronics, and others. The food and beverage industry requires specialized conveyors that meet hygiene standards and ensure safe transport of products. The warehouse and distribution sector relies on efficient conveying systems to manage inventory and streamline logistics operations. Automotive applications utilize conveyor systems for various stages of vehicle assembly, while airports focus on baggage handling solutions. Mining and electronics industries benefit from heavy-duty conveyors designed for bulk material handling and precision transport of sensitive components, respectively. The varied applications highlight the critical role of conveying equipment in enhancing efficiency and productivity across multiple industries.

Get more details on this report -

مشهد تنافسي:

The conveying equipment market is characterized by a diverse and competitive landscape, with players ranging from large multinational corporations to specialized local manufacturers. Key trends shaping this market include the increasing demand for automation in manufacturing processes, the rise of e-commerce necessitating efficient material handling systems, and the focus on sustainability leading to the development of energy-efficient conveying solutions. Companies are investing in research and development to innovate their products and improve operational efficiency. Strategic partnerships, mergers and acquisitions, and expansion into emerging markets are common tactics employed by businesses to enhance their market position and cater to varied industry needs.

Top Market Players

1. Daifuku Co., Ltd.

2. Siemens AG

3. Honeywell Intelligrated

4. Bruks Siwertell

5. Schenck Process Holding GmbH

6. Interroll Holding AG

7. Getriebebau Norderstedt GmbH

8. FLSmidth A/S

9. Kuehne + Nagel International AG

10. FlexLink AB

Our Clients

Why Choose Us

Specialized Expertise: Our team comprises industry experts with a deep understanding of your market segment. We bring specialized knowledge and experience that ensures our research and consulting services are tailored to your unique needs.

Customized Solutions: We understand that every client is different. That's why we offer customized research and consulting solutions designed specifically to address your challenges and capitalize on opportunities within your industry.

Proven Results: With a track record of successful projects and satisfied clients, we have demonstrated our ability to deliver tangible results. Our case studies and testimonials speak to our effectiveness in helping clients achieve their goals.

Cutting-Edge Methodologies: We leverage the latest methodologies and technologies to gather insights and drive informed decision-making. Our innovative approach ensures that you stay ahead of the curve and gain a competitive edge in your market.

Client-Centric Approach: Your satisfaction is our top priority. We prioritize open communication, responsiveness, and transparency to ensure that we not only meet but exceed your expectations at every stage of the engagement.

Continuous Innovation: We are committed to continuous improvement and staying at the forefront of our industry. Through ongoing learning, professional development, and investment in new technologies, we ensure that our services are always evolving to meet your evolving needs.

Value for Money: Our competitive pricing and flexible engagement models ensure that you get maximum value for your investment. We are committed to delivering high-quality results that help you achieve a strong return on your investment.

Select Licence Type

Single User

US$ 4250

Multi User

US$ 5050

Corporate User

US$ 6150

Conveying Equipment Market Size & Share, By Type (...

RD Code : 24