Product Code: PM4094
The global conveying equipment market size is expected to reach USD 71.83 billion by 2032, according to a new study by Polaris Market Research. The report "Conveying Equipment Market Share, Size, Trends, Industry Analysis Report, By Type (Belt, Roller, Pallet, Overhead, Chain Conveyors, Others), By Product (Unit Handling, Bulk Handling, Parts & Attachments), By Application, By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The expansion of the market is driven by the increasing need for exceptionally effective material handling solutions in key sectors such as food and beverage, automotive, and warehouse and distribution. Conveying equipment plays a vital role as a goods carrier across diverse industries, including food and beverage, mining, automotive, airports, and electronics, among others. These conveyors can be tailored to handle materials of various shapes and sizes, providing a versatile solution for different industries.
The significant advantage of employing conveying equipment lies in its cost-effectiveness heightened productivity, and enhanced operational efficiency. By automating the process of moving materials, these systems substantially reduce manual labor, leading to lower operational costs. Moreover, conveying equipment ensures a continuous flow of materials, thereby boosting productivity by eliminating downtime associated with manual handling. These factors combined make conveying equipment a preferred choice for industries aiming for streamlined, efficient, and economical material handling solutions.
The increasing demand for warehouses is directly linked to the booming e-commerce industry, supermarkets, and online retail businesses. As consumers increasingly turn to online shopping, there is a pressing need for storage facilities to accommodate the rising volume of goods. This surge in demand for storage solutions, driven by the growth of e-commerce, is expected to have a significant and positive impact on the conveying equipment market in the coming years.
Additionally, the expansion and establishment of new airports play a pivotal role in driving the market forward. Airports require advanced conveying systems for efficient baggage handling, cargo logistics, and streamlined operations. The modernization and expansion of airport infrastructure create a substantial demand for conveying equipment, ensuring the smooth flow of goods and luggage within these facilities. As these trends continue, the conveying equipment market is poised to experience sustained growth, driven by the evolving needs of the warehousing and airport sectors.
Conveying Equipment Market Report Highlights
The belts segment held the largest share, primarily due to the rise in demand for belt conveyors in varied industry verticals
Unit handling systems dominated the market, owing to huge growth in export materials and cross-border trade between countries
Asia Pacific will grow at a rapid pace, primarily to a surge in infrastructure and industrialization developments in the emerging nations
The key market players include Daifuku, BEUMER GROUP, Fives Group, FlexLink, Jungheinrich, Kardex, Kion Group, KUKA, Murata Machinery, and Phoenix Conveyor Belt Systems
Polaris Market Research has segmented the conveying equipment market report based on type, product, application, and region:
Conveying Equipment, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Belt
- Roller
- Pallet
- Overhead
- Chain Conveyors
- Others
Conveying Equipment, Product Outlook (Revenue - USD Billion, 2019 - 2032)
- Unit Handling
- Bulk Handling
- Parts & Attachments
Conveying Equipment, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Food & Beverage
- Warehouse & Distribution
- Automotive
- Airport
- Mining
- Electronics
- Others
Conveying Equipment, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Conveying Equipment Market Insights
- 4.1. Conveying Equipment Market - Application Snapshot
- 4.2. Conveying Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Automation advancements fueling conveying equipment
- 4.2.1.2. E-commerce boom accelerates demand for conveying equipment
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High initial costs and operational integration hurdles
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Conveying Equipment Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Conveying Equipment Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 5.3. Belt
- 5.3.1. Global Conveying Equipment Market, by Belt, by Region, 2019-2032 (USD Billion)
- 5.4. Roller
- 5.4.1. Global Conveying Equipment Market, by Roller, by Region, 2019-2032 (USD Billion)
- 5.5. Pallet
- 5.5.1. Global Conveying Equipment Market, by Pallet, by Region, 2019-2032 (USD Billion)
- 5.6. Overhead
- 5.6.1. Global Conveying Equipment Market, by Overhead, by Region, 2019-2032 (USD Billion)
- 5.7. Chain Conveyors
- 5.7.1. Global Conveying Equipment Market, by Chain Conveyors, by Region, 2019-2032 (USD Billion)
- 5.8. Others
- 5.8.1. Global Conveying Equipment Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Conveying Equipment Market, by Product
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 6.3. Unit Handling
- 6.3.1. Global Conveying Equipment Market, by Unit Handling, by Region, 2019-2032 (USD Billion)
- 6.4. Bulk Handling
- 6.4.1. Global Conveying Equipment Market, by Bulk Handling, by Region, 2019-2032 (USD Billion)
- 6.5. Parts & Attachments
- 6.5.1. Global Conveying Equipment Market, by Parts & Attachments, by Region, 2019-2032 (USD Billion)
7. Global Conveying Equipment Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 7.3. Food & Beverage
- 7.3.1. Global Conveying Equipment Market, by Food & Beverage, By Region, 2019-2032 (USD Billion)
- 7.4. Warehouse & Distribution
- 7.4.1. Global Conveying Equipment Market, by Warehouse & Distribution, By Region, 2019-2032 (USD Billion)
- 7.5. Automotive
- 7.5.1. Global Conveying Equipment Market, by Automotive, By Region, 2019-2032 (USD Billion)
- 7.6. Airport
- 7.6.1. Global Conveying Equipment Market, by Airport, By Region, 2019-2032 (USD Billion)
- 7.7. Mining
- 7.7.1. Global Conveying Equipment Market, by Mining, By Region, 2019-2032 (USD Billion)
- 7.8. Electronics
- 7.8.1. Global Conveying Equipment Market, by Electronics, By Region, 2019-2032 (USD Billion)
- 7.9. Others
- 7.9.1. Global Conveying Equipment Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Conveying Equipment Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Conveying Equipment Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Conveying Equipment Market - North America
- 8.3.1. North America: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.3.3. North America: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.3.4. Conveying Equipment Market - U.S.
- 8.3.4.1. U.S.: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.3.5. Conveying Equipment Market - Canada
- 8.3.5.1. Canada: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4. Conveying Equipment Market - Europe
- 8.4.1. Europe: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.3. Europe: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4.4. Conveying Equipment Market - UK
- 8.4.4.1. UK: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4.5. Conveying Equipment Market - France
- 8.4.5.1. France: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.5.3. France: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4.6. Conveying Equipment Market - Germany
- 8.4.6.1. Germany: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4.7. Conveying Equipment Market - Italy
- 8.4.7.1. Italy: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4.8. Conveying Equipment Market - Spain
- 8.4.8.1. Spain: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4.9. Conveying Equipment Market - Netherlands
- 8.4.9.1. Netherlands: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.4.10. Conveying Equipment Market - Russia
- 8.4.10.1. Russia: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.5. Conveying Equipment Market - Asia Pacific
- 8.5.1. Asia Pacific: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.5.4. Conveying Equipment Market - China
- 8.5.4.1. China: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.5.4.3. China: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.5.5. Conveying Equipment Market - India
- 8.5.5.1. India: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.5.5.3. India: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.5.6. Conveying Equipment Market - Malaysia
- 8.5.6.1. Malaysia: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.5.7. Conveying Equipment Market - Japan
- 8.5.7.1. Japan: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.5.8. Conveying Equipment Market - Indonesia
- 8.5.8.1. Indonesia: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.5.9. Conveying Equipment Market - South Korea
- 8.5.9.1. South Korea: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.6. Conveying Equipment Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.6.4. Conveying Equipment Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.6.5. Conveying Equipment Market - UAE
- 8.6.5.1. UAE: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.6.6. Conveying Equipment Market - Israel
- 8.6.6.1. Israel: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.6.7. Conveying Equipment Market - South Africa
- 8.6.7.1. South Africa: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.7. Conveying Equipment Market - Latin America
- 8.7.1. Latin America: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.7.4. Conveying Equipment Market - Mexico
- 8.7.4.1. Mexico: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.7.5. Conveying Equipment Market - Brazil
- 8.7.5.1. Brazil: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
- 8.7.6. Conveying Equipment Market - Argentina
- 8.7.6.1. Argentina: Conveying Equipment Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Conveying Equipment Market, by Application, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Conveying Equipment Market, by Product, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1.BEUMER GROUP
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Continental AG
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Daifuku Co., Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Emerson Electric Co.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Fives Group
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. FlexLink
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Jungheinrich AG
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Kardex
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Kion Group AG
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. KUKA AG
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.7. Murata Machinery, Ltd
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Phoenix Conveyor Belt Systems
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Siemens
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. TGW Logistics Group
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development