The Conveyor System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Conveyor System Market?
The market size of the conveyor system has experienced significant growth lately. It is projected to escalate from $9.71 billion in 2024 to $10.28 billion in 2025, progressing at a compound annual growth rate (CAGR) of 5.9%. The historical growth of the conveyor system market is attributed to several factors.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Conveyor System Industry?
In 2029, the market size for the Conveyor System is projected to reach $13.19 billion, with a Compound Annual Growth Rate (CAGR) of 6.4%.
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What are the Key Growth Drivers Fueling the Conveyor System Market?
The key drivers in the conveyor system market are:
• Adoption of automation and Industry 4.0 technologies
• Growth in the manufacturing sector
• Innovations in warehouse optimization and retail sector
• Focus on sustainability and green logistics
Global Market Segmentation: Identifying Major Conveyor System Industry Segments
The conveyor system market covered in this report is segmented –
1) By Product Type: Belt Conveyor, Roller Conveyor, Pallet Conveyor, Overhead Conveyor, Tri-Planar Conveyor, Crescent Conveyor, Skid Conveyor, Trailer Conveyor, Other Product Types
2) By Component: Aluminum Profile, Driving Unit, Extremity Unit
3) By Operation: Manual, Semi-Automatic, Automatic
4) By End-User Industry: Retail, Food And Beverages, Poultry And Dairy, Automotive, Airport, Other End User Industries
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What are the Emerging Trends Shaping the Future of the Conveyor System Market?
The key trends in the conveyor system market are:
• Automation and advancement towards Industry 4.0 is key in shaping the future of the conveyor system market.
• The growth of the manufacturing sector and optimization of warehouse operations are key emerging trends.
• Sustainability and adoption of green logistics are becoming increasingly important in the conveyor system market.
• The integration of robotics, maintenance, and after-sales services are emerging trends shaping the conveyor system market.
Who Are the Top Competitors & Leading Players in the Conveyor System Market?
Major companies in the conveyor system market are:
• Daifuku Co. Ltd.
• Continental AG
• Siemens AG
• Taikisha Ltd.
• Fives Group
• Kion Group AG
• Toyota Industries Corporation
• KUKA AG
• Honeywell International Inc.
• Murata Machinery Ltd.
• Interroll Holding AG
• Beumer Group GmbH & Co. KG
• Viastore Systems GmbH
• SSI Schaefer AG
• Knapp AG
• Mecalux SA
• Witron Logistik + Informatik GmbH
• Kardex Group
• Terex Corporation
• FlexLink AB
• Dorner Mfg Corp.
• Hytrol Conveyor Co. Inc.
• mk Technology Group Inc.
• TGW Logistics Group
• Conveyor Systems Ltd.
• Conveyor Units Ltd.
• ConveyorTek Ltd.
• LAC Conveyors & Automation Ltd.
• Advance Automated Systems Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the conveyor system market in 2024
