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Table of Contents
Conveying equipment carries ingredients, products, containers, packs or packaging components from one place to another. Conveying equipment is helpful in achieving efficient warehouse management and operation. Conveying equipment, in their simplest form, are mechanical assemblies which can be demountable and easy to move while, in their most sophisticated form, they are can be complex machines with drives, controls and sensors. Complex conveying equipment is required for highly accurate sorting, ordering or distribution of the items or products being conveyed.
Conveying equipment usually consists of frames that support rollers, wheels, or belts and may be motor powered or manual devices. There are a large number of different types of conveying equipment which are designed to convey different types of product or to perform particular tasks. Conveying equipment for bulk products e.g. powders or free flowing solids, conveying equipment for both bulk products and small unit loads, conveying equipment for small unit loads e.g. bottles or cartons, conveying equipment for large unit loads e.g. pallets or kegs. Conveying equipment market is segmented into unit handling, bulk handling, parts & attachments on product basis. Unit handling equipment was the largest product segment.
Global conveying equipment market finds application as goods carrier in several industries including metal mining and coal, power, food and beverages, steelworks, airports, cement, ports, soft drinks, alcoholic beverages, home care,, cosmetics and personal care, agricultural, computer, electronic, packaging, aerospace, pharmaceuticals, automotive, canning and bottling, print finishing, and chemicals. Conveying equipment can transport equipment of all loads, shapes, weights, and sizes also offer cost-effective and efficient techniques for easy and fast goods transportation.
Europe is the largest conveying equipment market followed by North America. Asia Pacific is estimated to grow with the fastest CAGR during the forecast period. The growing industrial production urbanization and rising income with the rising trend of e-commerce mainly in China and India is expected to drive the market over the forecast period. The growing transportation boom in China, South Korea, Malaysia, Thailand, Vietnam, Indonesia, and India significantly help the market growth over the forecast period.
Conveying Equipment Market : Product Type
Conveying Equipment Market: Application
Conveying Equipment Market : Company Analysis
Geographical analysis of Conveying Equipment Market:
Global Conveying Equipment Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2019-2024 |
Forecast Data |
2025-2031 |
Base Year Value (2024) |
USD 40258.4 million |
Forecast Value (2031) |
USD 48512.04 million |
CAGR (2025-2031) |
2.7 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Conveying Equipment Market was valued at around USD 40258.4 million in 2024 & is estimated to reach USD 48512.04 million by 2031.
Conveying Equipment Market is likely to grow at Compound Annual Growth Rate (CAGR) of 2.7% between 2025-2031.
Conveying Equipment Market is dominated by the Durable Goods Manufacturing segment and the Asia-Pacific region holds the highest market share in 2023.
Some of the top key players in the Conveying Equipment Market are Dematic Group, Rexnord, Sandvik AB, Intelligrated, Nordstrong Equipment, Webster Industries, Daifuku, FMC Technologies, Hitachi, Hytrol Conveyer Company, Fritz Schafer, Richards Wilcox, Mecalux, Murata Machinery, Siemens AG.
Primary driving factors for the growth of the Conveying Equipment Market include The growing industrial production urbanization and rising income with the rising trend of e-commerce.
Yes, the report includes Geopolitical impact on the market.
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