Conveyor System Market Size, Growth, Trends & Forecast 2025-2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

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 Systems, Semi‑automatic Systems, and Manual Systems), Industry (Food and Beverage, Automotive, Airports, Logistics, Metal and Mining, and Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America)

  • Report Date : Aug 2025
  • Report Code : TIPMC00002528
  • Category : Manufacturing and Construction
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 190
Page Updated: Aug 2025

The Conveyor System Market size is expected to reach US$ 9.40 billion by 2031 from US$ 6.47 billion in 2024. The market is anticipated to register a CAGR of 5.7% during 2025–2031.

Conveyor System Market Analysis

The global conveyor system market has experienced steady growth due to rising industrial automation, the expansion of e-commerce, and the modernization of manufacturing facilities. As supply chains become more complex and time-sensitive, conveyor systems are essential for smooth material flow and process efficiency. Major sectors driving demand include automotive, food & beverage, pharmaceuticals, logistics, and airports. Asia Pacific dominates the market due to rapid industrialization, while North America and Europe follow with steady upgrades to legacy systems and growing adoption of smart technologies.

Conveyor System Market Overview

A conveyor system is a mechanical handling solution used to move materials from one point to another within a facility. These systems are widely employed across industries such as manufacturing, warehousing, food processing, mining, and airports. They come in various types, including belt, roller, overhead conveyors, designed to transport goods of different shapes, sizes, and weights. Conveyor systems enhance operational efficiency by automating repetitive tasks, reducing manual labor, and minimizing processing time.

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Conveyor System Market: Strategic Insights

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Conveyor System Market Drivers and Opportunities

Market Drivers:

  • Growth of E-Commerce and Warehousing:

    The swift growth of e-commerce has emerged as a key catalyst for the expansion of the global conveyor system market. As digital adoption accelerates and consumer preferences evolve, the surge in online shopping activity is compelling businesses to enhance their warehousing and distribution infrastructure, prioritizing scalability, speed, and operational efficiency.
  • Surging Demand in Food & Beverage and Pharmaceuticals:

    The food & beverage (F&B) and pharmaceutical industries are experiencing significant growth, directly influencing the demand for automated conveyor systems. As these sectors scale operations to meet rising global demand, the need for efficient, hygienic, and high-speed material handling solutions becomes essential.

Market Opportunities:

  • Emergence of Smart Conveyors and AI Integration:

    The rise of smart conveyors integrated with artificial intelligence (AI) presents a transformative opportunity for the conveyor system market. With industries focusing on automation, efficiency, and predictive maintenance, AI-driven technologies such as machine learning, computer vision, natural language processing (NLP), and robotic process automation (RPA) are revolutionizing conveyor systems.

Conveyor System Market Report Segmentation Analysis

The Conveyor System market is divided into different segments to give a clearer view of how it works, its growth potential, and the latest trends. Below is the standard segmentation approach used in industry reports:

By Type:

  • Belt Conveyors:

    Belt conveyors use a continuous belt to carry materials from one place to another.
  • Roller Conveyors:

    Roller conveyors consist of many rollers placed next to each other, allowing items to move smoothly across them.
  • Roller Conveyors:

    Overhead conveyors are hung from the ceiling or a support structure, moving products above the floor.
  • Others:

    The "Others" category includes screw conveyors, vibrating conveyors, and pneumatic conveyors.

By Operation Mode:

  • Automatic Conveyor Systems:

    Automatic conveyor systems are fully automated machines that move products or materials without human help.
  • Semi‑automatic Systems:

    Semi-automatic conveyor systems combine automation and manual operation. Some tasks are done automatically, while others still need human input.
  • Manual Systems:

    Manual conveyor systems rely entirely on human effort to move items. These systems include simple rollers or tracks where workers push or guide products from one point to another.

By Industry:

  • Food and Beverage
  • Automotive
  • Airports
  • Logistics
  • Metal and Mining
  • Others

Each industry type has specific requirements for conveyor systems. It influences focus on speed, convenience, and sustainability.

By Geography:

  • North America
  • Europe
  • Asia Pacific
  • South & Central America
  • Middle East & Africa

Conveyor System Market Regional Insights

The regional trends and factors influencing the Conveyor System Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Conveyor System Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Conveyor System Market Report Scope

Report Attribute Details
Market size in 2024 US$ 6.47 Billion
Market Size by 2031 US$ 9.40 Billion
Global CAGR (2025 - 2031) 5.7%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Belt Conveyors
  • Roller Conveyors
  • Overhead Conveyor
  • Others
By Operation Mode
  • Automatic Conveyor Systems
  • Semi-automatic Systems
  • Manual Systems
By Industry
  • Food and Beverage
  • Automotive
  • Airports
  • Logistics
  • Metals and Mining
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • 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
  • Vanderlande Industries BV

  • Conveyor System Market Players Density: Understanding Its Impact on Business Dynamics

    The Conveyor System Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


    conveyor-system-market-cagr

    • Get the Conveyor System Market top key players overview
    Conveyor System Market Share Analysis by Geography

    The Conveyor System market in Asia Pacific is growing and is primarily driven by the expanding e-commerce sector. Emerging markets in South & Central America, the Middle East, and Africa also have untapped opportunities for conveyor system providers to expand their operations.

    The conveyor system market growth differs in each region due to expanding e-commerce and warehousing industries across countries. Below is a summary of market share and trends by region:

    1. North America

    • Market Share:

      Holds a significant portion of the global market
    • Key Drivers:

      • Strong industrial base in automotive, food & beverage, and manufacturing.
      • Rising labor costs and a shortage of skilled workforce are driving automation.
      • Growth of e-commerce and high-speed logistics operations.
    • Trends:

      Emergence of compact, modular conveyor systems in urban micro-fulfillment centers.

    2. Europe

    • Market Share:

      Substantial share due to early, stringent EU regulations
    • Key Drivers:

      • Established automotive and food processing sectors are adopting precision automation.
      • Strict safety and environmental regulations promote advanced conveyor solutions.
      • Rising adoption of Industry 4.0 technologies and retrofitting of legacy systems.
    • Trends:

      Adoption of energy-efficient drives and sensor-equipped systems for sustainability and predictive maintenance.

    3. Asia Pacific

    • Market Share:

      Fastest-growing region with dominant market share
    • Key Drivers:

      • Rapid industrialization in China, India, Vietnam, and Southeast Asia.
      • Government-led manufacturing and automation initiatives boost adoption.
      • Growth in e-commerce and warehousing infrastructure.
    • Trends:

      Shift toward modular, high-throughput conveyor systems for logistics automation.

    4. South and Central America

    • Market Share:

      Although small, it is growing quickly
    • Key Drivers:

      • Expanding mining, agriculture, and bulk material handling operations.
      • Modernization of logistics infrastructure and warehousing facilities.
      • Pressure to reduce manual labor costs through automation.
    • Trends:

      Development of regional consolidation hubs using automated conveyor systems.

    5. Middle East and Africa

    • Market Share:

      Growing Market with steady progress
    • Key Drivers:

      • Industrial and infrastructure mega-projects across logistics, airports, and manufacturing.
      • Increasing automation to address labor constraints and improve efficiency.
      • Public and private investments in warehousing and logistics zones.
    • Trends:

      Growth of local partnerships for customized conveyor system deployment in industrial zones.

    Conveyor System Market Players Density: Understanding Its Impact on Business Dynamics

     

    High Market Density and Competition

    Competition is intense due to established players such as Daifuku Co Ltd, Kion Group AG, and Metso Outotec Corp. Regional and niche providers such as Swisslog Holding AG (Germany) and Fives SAS (France) add to the competitive landscape across regions.

    This high level of competition urges companies to stand out by offering:

    • Investments in conveyor systems
    • Energy-Efficient and Eco-Friendly Systems.

    Opportunities and Strategic Moves

    • Emergence of Smart Conveyors and AI Integration.
    • Growing emphasis on sustainability.

    Major Companies operating in the Conveyor System Market are:

    1. Daifuku Co., Ltd. – Osaka, Japan
    2. KION Group AG – Frankfurt am Main, Germany
    3. Metso Outotec Corp – Helsinki, Finland
    4. Honeywell International Inc. – Charlotte, North Carolina, United States
    5. Interroll Holding GmbH – Sant'Antonino, Switzerland
    6. Fives SAS – Paris, France
    7. SSI SCHAEFER Group – Neunkirchen, Germany
    8. Swisslog Holding AG – Buchs, Switzerland
    9. TGW Logistics Group GmbH – Wels, Austria
    10. Vanderlande Industries BV – Veghel, Netherlands

    Disclaimer: The companies listed above are not ranked in any particular order.

    Other companies analyzed during the course of research:

    1. Dorner Mfg. Corp.
    2. FlexLink (a Coesia company)
    3. Hytrol Conveyor Company, Inc.
    4. mk Technology Group
    5. LEWCO, Inc.
    6. Wynright Corporation (a Daifuku company)
    7. FMH Conveyors
    8. Ashworth Bros., Inc.
    9. Chantland-MHS
    10. Vecoplan, LLC
    11. DynaCon (Dynamic Conveyor Corporation)
    12. Neuhaus Neotec GmbH
    13. Schnaithmann Maschinenbau GmbH
    14. Eaglestone Equipment
    15. Bunting Magnetics Co.
    16. Kalitta Air

    Conveyor System Market News and Recent Developments

    • Liebherr is constructing a new logistics center in Tupelo, Mississippi –

      SSI SCHAEFER is responsible for delivering the intralogistics solution. As a system integrator, SSI SCHAEFER provides a fully automated intralogistics solution featuring high-bay and shuttle warehouses, conveyor systems, and SAP Extended Warehouse Management for highly efficient and transparent warehouse operations

    • Coop and SSI SCHAEFER Strengthening Partnership With Extensive WAMAS Upgrade.

      The cooperation between the Swiss Coop Group, an international production and retail business, and SSI SCHAEFER, one of the world's leading providers of holistic intralogistics solutions, is moving to the next level: By ordering the extensive release upgrade of the WAMAS intralogistics software, the Coop Group is putting its faith in a homogeneous, future-proof software landscape in its intralogistics operations.

    Conveyor System Market Report Coverage and Deliverables

    The "Conveyor System Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering the following areas:

    • Conveyor System Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Conveyor System Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • Conveyor System Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Conveyor System Market
    • Detailed company profiles

    Frequently Asked Questions

    1
    What are the key factors driving growth in the Conveyor System market?
    The market is primarily driven by:
    1. Growth of E-Commerce and Warehousing:

    The accelerated expansion of e-commerce has become a pivotal force driving the global conveyor system industry. With the rising penetration of digital technologies and shifting consumer dynamics, the substantial uptick in online retail activity is prompting enterprises to upgrade their logistics infrastructure, focusing on enhanced capacity, speed, and operational efficiency.
    2. Surging Demand in Food & Beverage and Pharmaceuticals:

    The rapid growth of the food & beverage and pharmaceutical sectors is significantly fueling the demand for automated conveyor systems. As these industries scale their operations to meet rising global consumption, the need for streamlined, sanitary, and high-throughput material handling solutions has become increasingly critical.
    2
    Which regions are leading in the adoption of the Conveyor System?
    As of 2025:
    1. Asia Pacific: Asia Pacific is experiencing rapid growth in the conveyor system market, propelled by accelerated industrialization, booming e-commerce, and expanding infrastructure across developed and emerging economies.
    2. North America: The North American conveyor system market expansion is driven primarily by the growing emphasis on automation and operational efficiency across industries such as automotive, e-commerce, food and beverage, and pharmaceuticals.
    3. Europe: In Europe, the conveyor system market is largely influenced by regulatory pressures, strong industrial automation uptake, and an ongoing shift toward sustainable and digitized operations.
    3
    Which leading companies are in the Conveyor System market?
    Major players include Daifuku Co., Ltd., KION Group AG, Honeywell International Inc., Interroll Holding AG, and Fives Group (Fives SAS).
    4
    Which type segment is gaining traction in the Conveyor System market?
    Automatic conveyor systems move products or materials without human help. These systems are controlled by software, sensors, and motors, making them fast, efficient, and accurate.
    5
    What is the current size of the global Conveyor System market?
    As of 2024, the global Conveyor System market is valued at approximately USD 6.47 billion. It is projected to reach USD 9.40 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.7% during the forecast period from 2025 to 2031.
    6
    What are the challenges faced by the Conveyor System market?
    Challenges include:
    1. High Initial Investment and Integration Costs: One of the key restraints limiting the widespread adoption of Conveyor System—particularly among small and mid-sized enterprises—is the high initial investment and complexity of integration.
    7
    Which industries are the primary end-users of the Conveyor System?
    Key industries utilizing Conveyor System include:
    1. Food and Beverage: The food and beverage industry uses conveyor systems to move products through processing, packaging, and distribution stages.
    2. Automotive: The automotive industry is one of the largest users of conveyor systems. These systems are used throughout manufacturing plants to transport car parts, engines, and entire vehicles during assembly.
    3. Airports: Conveyor systems are crucial in airport operations, especially baggage handling.
    4. Logistics: The logistics industry uses conveyor systems extensively in warehouses, distribution centers, and sorting facilities to move goods quickly and efficiently.
    5. Metals and Mining: Conveyor systems transport raw materials such as ores, coal, and minerals in the metals and mining industry.
    6. Others: This category includes industries such as pharmaceuticals, retail, agriculture, and electronics. Each of these sectors uses conveyor systems tailored to specific needs, such as moving delicate items, handling chemicals, or organizing small parts.
    Nivedita Upadhyay
    Manager,
    Market Research & Consulting

    Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

    With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

    Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

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    The List of Companies - Conveyor System Market

    1. Daifuku Co Ltd
    2. Kion Group AG
    3. Metso Outotec Corp
    4. Honeywell International Inc
    5. Interroll Holding GmbH
    6. Fives SAS
    7. SSI SCHAEFER Group
    8. Swisslog Holding AG
    9. TGW Logistics Group GmbH
    10. Vanderlande Industries BV
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