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Conveying equipment market size | Industry Overview & Insights 2025

Code: MTA4404 Publication Date: Jun 2025

What is the Conveying Equipment Market Size?

According to ÂÌñÉç internal database and industry insights, the Global conveying equipment market was valued at approximately USD 54.9 billion in 2024 and is projected to reach USD 71.6 billion by 2031, reflecting a CAGR of 3.9%.

Asia Pacific was the largest region in 2024, while the U.S. is expected to record the highest CAGR through 2031. Rising automation in logistics and manufacturing, increasing demand for efficient bulk material handling, and the expansion of e-commerce and warehousing sectors.

Key Growth Drivers in the Conveying Equipment Market

  • Expansion of e-commerce and warehouse automation driving demand for efficient material handling.
  • Industrial growth in food & beverage, manufacturing, mining, and logistics sectors.
  • Technological upgrades: smart conveyors, IoT-enabled monitoring, and automation systems.
  • Replacement of legacy systems to enhance throughput and reduce manual labor.
  • Sustainability pressure promoting energy-efficient belt and roller conveyor designs.

Conveying Equipment Market Trends

The conveying equipment market is evolving with rising deployment of roller conveyors, which are gaining faster growth than traditional belt types. Intelligent conveyors featuring a built-in sensor and predictive maintenance features and digital control centers are becoming common. The modular conveyors and overhead track systems are becoming popular in the distribution centers and airports because of their scalability and flexibility.

the applications include everything form factory-handling to baggage systems at international airports and the demand is on the increase. Energy efficiency and sustainability are the most important factors and low-energy drive systems and recyclable parts have been developed. Regionally, Asia-Pacific continues to dominate, driven by industrialization in China, India, and Southeast Asia; North America follows closely with strong growth in automated cold-chain and fulfilment infrastructure.

Major Companies in the Conveying Equipment Market

  • Daifuku Co., Ltd.
  • Siemens AG
  • Honeywell Intelligrated
  • TGW Logistics Group
  • BEUMER Group
  • Vanderlande Industries
  • Murata Manufacturing Co., Ltd.
  • Fives Group
  • Dematic
  • Swisslog Holding AG
Conveying equipment market size : FAQs
Market was valued at USD 54.9 billion in 2023 and is forecast to reach USD 71.6 billion by 2030, growing at a 3.9% CAGR.
AsiaPacific leads with the highest revenue share, while North America is growing quickly due to logistics automation.
Belt conveyors hold the largest share, but roller conveyors are the fastest-growing segment due to adaptability in warehouses and airports.
High initial investment, integration complexity with automation platforms, and energy regulation pressures are notable challenges.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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