
Conveyor System Market
Conveyor System Market Forecasts to 2028 – Global Analysis By Operation (Manual, Automatic), Load (Unit Load, Bulk Load), Location, Type, Application, End User, and By Geography

Years Covered |
2020-2028 |
Estimated Year Value (2021) |
US $8.85 BN |
Projected Year Value (2028) |
US $15.17 BN |
CAGR (2021 - 2028) |
8.0% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
North America |
Fastest Growing Market |
Europe |
According to Stratistics MRC, the Global Conveyor System Market is accounted for $8.85 billion in 2021 and is expected to reach $15.17 billion by 2028 growing at a CAGR of 8.0% during the forecast period. Conveyor systems are mechanically-operated handling equipment used to transport materials within premises with a high degree of safety. Conveyor System is one of the most used & preferred equipment all over the world and it can be used in a wide range of applications.
Market Dynamics:
Driver:
Increasing demand for handling larger volumes of products
Mining requires handling larger volumes of products; the conveyor system is popular additionally as an economical resolution for long distances. The increasing popularity of online shopping and buying power of shoppers in developing regions are the key factors that have inspired the expansion of the manufacturing trade. Automation in manufacturing, baggage handling, food & beverages, mining, and varied alternative industries has brought the trade nearer to the zero-defect target.
Restraint:
High cost
The high initial cost is restraining the market growth, as it includes the expenses related to hardware, belt, power source, truss, wire rope, and supports. It is a mechanical system prone to wear, tear, haulage, and errors if not taken care of periodically. It requires systemic repairs and maintenance. Moreover, the maintenance and the operation of these systems such as registration, insurance, and fuel cost, repairs, and tire rotation need additional costs, which restrain the market growth.
Opportunity:
Rising e-commerce industry
E-commerce companies are extremely popular among online shoppers. The conveyor systems are used in the e-commerce industry for various applications such as fast delivery, efficient delivery of parcels, reduced time, and efficient packaging. Digitization in material handling equipment such as automated storage and retrieval systems and automated conveyors has emerged as a comprehensive solution. It has gained popularity among e-commerce companies, helping them handle order fulfillment processes efficiently. This is encouraging the e-commerce industries to adopt conveyor systems. Hence, the increasing e-commerce industry with growing trends of automation for increasing productivity is creating opportunities for the market.
Threat:
Assuring safety and reducing accidents
Conveyor systems can cause injuries if not handled with caution and care. Many accidents have caused severe losses to firms. Employees or workers who use or encounter conveyor systems should be properly trained to ensure their safety and security. The more complex these systems are, there is a high chance of failure. Continuous breakdowns may negatively impact the life of the conveyor system. Firms have to be compelled to abide by the norms set by the authority to scale back accidents and increase the security of workers.
The belt conveyor segment is expected to be the largest during the forecast period
The belt conveyor segment is estimated to have a lucrative growth as belt type of conveyors is extensively used in airports as they are easy to install and require little maintenance. With the increasing industrialization and urbanization across the world, especially in developing economies, the demand for conveyor belts in most industrial scenarios has surged dramatically.
The metal & mining segment is expected to have the highest CAGR during the forecast period
The metal & mining segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the continuous demand for minerals and rare earth metals. The demand has encouraged mining equipment companies to offer technologically advanced equipment that helps in performing better mining operations.
Region with highest share:
North America is projected to hold the largest market share during the forecast period due to complexities in the supply chain with regard to the transportation and handling of materials in the manufacturing and mining industries. The increasing development of domestic and international airports, expanding tourism industry, and growing population are likely to drive the growth of the conveyor system market for the airport industry in the region.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period owing to the extensive R&D infrastructure, a highly qualified workforce, and complete industry value chain integration. Conveyor system manufacturers in the region have made high investments in research and development for innovating technologies to stay competitive in the market. Moreover, huge demand for packaged food, and other consumer goods, strong governmental initiatives, and ongoing projects will boost the market in the region.
Key players in the market
Some of the key players profiled in the Conveyor System Market include Vanderlande Industries Holding B.V, TGW Logistics Group Gmbh, Dematic Group S.a.r.l, Swisslog Holding AG, Emerson Electric Co, Siemens AG, Murata Machinery Ltd, Kardex AG, Interroll Holding Ltd, Honeywell International Inc, Mesto Corporation, Eisenmann SE, SSI Schäfer AG, Daifuku Co., Ltd, Taikisha Ltd, Fives Group and Continental AG.
Key Developments:
In Feb 2022, Continental AG launched ContiLoad Sense. The system scans the material and conveyor belt from various angles to determine the position of the load and the belt utilizing 2D radar and ultrasonic technologies. This calculates the volume of goods transported precisely.
In November 2021, Fives Group introduced Hold Baggage Screening (HBS) system. The handling solution includes a conveying system equipped with a baggage carousel for makeup and integrating 2 latest generations of tomographic scanners to process 800 baggage per hour.
Operations Covered:
• Manual
• Semi-Automatic
• Automatic
Components Covered:
• Driving Unit
• Extremity Unit
• Aluminum Profile
Belt Types Covered:
• Heavy
• Medium
• Light
Loads Covered:
• Unit Load
• Bulk Load
Locations Covered:
• On-Floor
• In-Floor
Types Covered:
• Crescent Conveyor
• Wheel Conveyor
• Tri-Planar Conveyor
• Belt Conveyor
• Skid Conveyor
• Pallet Conveyor
• Overhead Conveyor
• Floor
• Powdered Roller Conveyor
• Trailer Conveyor
• Cable
• Bucket
• Other Types
Applications Covered:
• Textile & Paper
• Mineral
• Engineering Machinery
• E-Commerce and 3PL (3rd Party Logistics)
• Coal
End Users Covered:
• Packaging
• Manufacturing
• Chemicals
• Airport
• Food & Beverage
• Supply Chain & Logistics
• Retail & Distribution
• Pharmaceuticals
• Metal & Mining
• Consumer Electronics
• Automotive & Transportation
• Construction
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Conveyor System Market, By Operation
5.1 Introduction
5.2 Manual
5.3 Semi-Automatic
5.4 Automatic
6 Global Conveyor System Market, By Component
6.1 Introduction
6.2 Driving Unit
6.2.1 Counter-Bearing
6.2.2 Electrical Drive
6.2.3 Motor Bracket
6.3 Extremity Unit
6.3.1 Clamping Strap
6.3.2 Pulley
6.4 Aluminum Profile
7 Global Conveyor System Market, By Belt Type
7.1 Introduction
7.2 Heavy
7.3 Medium
7.4 Light
8 Global Conveyor System Market, By Load
8.1 Introduction
8.2 Unit Load
8.3 Bulk Load
9 Global Conveyor System Market, By Location
9.1 Introduction
9.2 On-Floor
9.3 In-Floor
10 Global Conveyor System Market, By Type
10.1 Introduction
10.2 Crescent Conveyor
10.3 Wheel Conveyor
10.4 Tri-Planar Conveyor
10.5 Belt Conveyor
10.6 Skid Conveyor
10.7 Pallet Conveyor
10.8 Overhead Conveyor
10.9 Floor
10.10 Powdered Roller Conveyor
10.11 Trailer Conveyor
10.12 Cable
10.13 Bucket
10.14 Other Types
10.14.1 Vertical Conveyors
10.14.2 Pneumatic
10.14.3 Gravity Conveyor
10.14.4 Chain
11 Global Conveyor System Market, By Application
11.1 Introduction
11.2 Textile & Paper
11.3 Mineral
11.4 Engineering Machinery
11.5 E-Commerce and 3PL (3rd Party Logistics)
11.6 Coal
12 Global Conveyor System Market, By End User
12.1 Introduction
12.2 Packaging
12.3 Manufacturing
12.4 Chemicals
12.5 Airport
12.6 Food & Beverage
12.6.1 Seasonings & Sauces
12.6.2 Poultry & Dairy
12.6.3 Meat
12.6.4 Confectionery
12.6.5 Baked Goods
12.7 Supply Chain & Logistics
12.8 Retail & Distribution
12.9 Pharmaceuticals
12.10 Metal & Mining
12.11 Consumer Electronics
12.12 Automotive & Transportation
12.13 Construction
13 Global Conveyor System Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Vanderlande Industries Holding B.V
15.2 TGW Logistics Group Gmbh
15.3 Dematic Group S.a.r.l
15.4 Swisslog Holding AG
15.5 Emerson Electric Co
15.6 Siemens AG
15.7 Murata Machinery Ltd
15.8 Kardex AG
15.9 Interroll Holding Ltd
15.10 Honeywell International Inc
15.11 Mesto Corporation
15.12 Eisenmann SE
15.13 SSI Schäfer AG
15.14 Daifuku Co., Ltd
15.15 Taikisha Ltd
15.16 Fives Group
15.17 Continental AG
List of Tables
1 Global Conveyor System Market Outlook, By Region (2020-2028) ($MN)
2 Global Conveyor System Market Outlook, By Operation (2020-2028) ($MN)
3 Global Conveyor System Market Outlook, By Manual (2020-2028) ($MN)
4 Global Conveyor System Market Outlook, By Semi-Automatic (2020-2028) ($MN)
5 Global Conveyor System Market Outlook, By Automatic (2020-2028) ($MN)
6 Global Conveyor System Market Outlook, By Component (2020-2028) ($MN)
7 Global Conveyor System Market Outlook, By Driving Unit (2020-2028) ($MN)
8 Global Conveyor System Market Outlook, By Counter-Bearing (2020-2028) ($MN)
9 Global Conveyor System Market Outlook, By Electrical Drive (2020-2028) ($MN)
10 Global Conveyor System Market Outlook, By Motor Bracket (2020-2028) ($MN)
11 Global Conveyor System Market Outlook, By Extremity Unit (2020-2028) ($MN)
12 Global Conveyor System Market Outlook, By Clamping Strap (2020-2028) ($MN)
13 Global Conveyor System Market Outlook, By Pulley (2020-2028) ($MN)
14 Global Conveyor System Market Outlook, By Aluminum Profile (2020-2028) ($MN)
15 Global Conveyor System Market Outlook, By Belt Type (2020-2028) ($MN)
16 Global Conveyor System Market Outlook, By Heavy (2020-2028) ($MN)
17 Global Conveyor System Market Outlook, By Medium (2020-2028) ($MN)
18 Global Conveyor System Market Outlook, By Light (2020-2028) ($MN)
19 Global Conveyor System Market Outlook, By Load (2020-2028) ($MN)
20 Global Conveyor System Market Outlook, By Unit Load (2020-2028) ($MN)
21 Global Conveyor System Market Outlook, By Bulk Load (2020-2028) ($MN)
22 Global Conveyor System Market Outlook, By Location (2020-2028) ($MN)
23 Global Conveyor System Market Outlook, By On-Floor (2020-2028) ($MN)
24 Global Conveyor System Market Outlook, By In-Floor (2020-2028) ($MN)
25 Global Conveyor System Market Outlook, By Type (2020-2028) ($MN)
26 Global Conveyor System Market Outlook, By Crescent Conveyor (2020-2028) ($MN)
27 Global Conveyor System Market Outlook, By Wheel Conveyor (2020-2028) ($MN)
28 Global Conveyor System Market Outlook, By Tri-Planar Conveyor (2020-2028) ($MN)
29 Global Conveyor System Market Outlook, By Belt Conveyor (2020-2028) ($MN)
30 Global Conveyor System Market Outlook, By Skid Conveyor (2020-2028) ($MN)
31 Global Conveyor System Market Outlook, By Pallet Conveyor (2020-2028) ($MN)
32 Global Conveyor System Market Outlook, By Overhead Conveyor (2020-2028) ($MN)
33 Global Conveyor System Market Outlook, By Floor (2020-2028) ($MN)
34 Global Conveyor System Market Outlook, By Powdered Roller Conveyor (2020-2028) ($MN)
35 Global Conveyor System Market Outlook, By Trailer Conveyor (2020-2028) ($MN)
36 Global Conveyor System Market Outlook, By Cable (2020-2028) ($MN)
37 Global Conveyor System Market Outlook, By Bucket (2020-2028) ($MN)
38 Global Conveyor System Market Outlook, By Other Types (2020-2028) ($MN)
39 Global Conveyor System Market Outlook, By Vertical Conveyors (2020-2028) ($MN)
40 Global Conveyor System Market Outlook, By Pneumatic (2020-2028) ($MN)
41 Global Conveyor System Market Outlook, By Gravity Conveyor (2020-2028) ($MN)
42 Global Conveyor System Market Outlook, By Chain (2020-2028) ($MN)
43 Global Conveyor System Market Outlook, By Application (2020-2028) ($MN)
44 Global Conveyor System Market Outlook, By Textile & Paper (2020-2028) ($MN)
45 Global Conveyor System Market Outlook, By Mineral (2020-2028) ($MN)
46 Global Conveyor System Market Outlook, By Engineering Machinery (2020-2028) ($MN)
47 Global Conveyor System Market Outlook, By E-Commerce and 3PL (3rd Party Logistics) (2020-2028) ($MN)
48 Global Conveyor System Market Outlook, By Coal (2020-2028) ($MN)
49 Global Conveyor System Market Outlook, By End User (2020-2028) ($MN)
50 Global Conveyor System Market Outlook, By Packaging (2020-2028) ($MN)
51 Global Conveyor System Market Outlook, By Manufacturing (2020-2028) ($MN)
52 Global Conveyor System Market Outlook, By Chemicals (2020-2028) ($MN)
53 Global Conveyor System Market Outlook, By Airport (2020-2028) ($MN)
54 Global Conveyor System Market Outlook, By Food & Beverage (2020-2028) ($MN)
55 Global Conveyor System Market Outlook, By Seasonings & Sauces (2020-2028) ($MN)
56 Global Conveyor System Market Outlook, By Poultry & Dairy (2020-2028) ($MN)
57 Global Conveyor System Market Outlook, By Meat (2020-2028) ($MN)
58 Global Conveyor System Market Outlook, By Confectionery (2020-2028) ($MN)
59 Global Conveyor System Market Outlook, By Baked Goods (2020-2028) ($MN)
60 Global Conveyor System Market Outlook, By Supply Chain & Logistics (2020-2028) ($MN)
61 Global Conveyor System Market Outlook, By Retail & Distribution (2020-2028) ($MN)
62 Global Conveyor System Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
63 Global Conveyor System Market Outlook, By Metal & Mining (2020-2028) ($MN)
64 Global Conveyor System Market Outlook, By Consumer Electronics (2020-2028) ($MN)
65 Global Conveyor System Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
66 Global Conveyor System Market Outlook, By Construction (2020-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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