Conveyor System Market Size and Forecast 2021 - 2031, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type, Operation Mode, Industry, and Geography

List of Tables

The conveyor system market was valued at US$ 6.47 million in 2024 and is projected to reach US$ 9.40 million by 2031; it is expected to register a CAGR of 5.7% during 2025-2031.

South and Central America is segmented into Brazil, Argentina, and the Rest of SAM. Industrial expansion, resource-based sectors, and rising automation in logistics and manufacturing operations primarily drive South and Central America's conveyor system market. Countries such as Brazil, Chile, and Argentina are focal points due to their established mining, agriculture, automotive, and food processing industries. Conveyor systems are integral in these sectors to handle bulk materials efficiently, especially in environments with high throughput requirements. In mining, conveyors are used to transport minerals over long distances, improving efficiency and reducing reliance on trucks. Meanwhile, the food and beverage sector is upgrading production lines to meet international safety and traceability standards, leading to the adoption of hygienic and modular conveyor systems. Another key driver is the steady growth of e-commerce, especially in urban centers, which is prompting investments in warehouse automation and last-mile logistics infrastructure.

However, economic instability and varying import regulations across countries pose challenges to market consistency. In response, many regional firms are turning to locally manufactured systems that offer simpler design and lower upfront costs. Furthermore, rising labor costs and the need for operational scalability are prompting even small and mid-sized businesses to adopt semi-automated conveyor solutions. Government-backed industrialization policies, along with trade agreements facilitating equipment imports and exports, are also creating a more favorable environment for conveyor system adoption. As supply chains become more regionalized and infrastructure spending continues, the conveyor systems market is expected to gradually expand across South and Central America, with tailored solutions taking precedence over one-size-fits-all models.

Daifuku Co Ltd, Kion Group AG, Metso Outotec Corp, Honeywell International Inc, Interroll Holding GmbH, Fives SAS, SSI SCHAEFER Group, Swisslog Holding AG, TGW Logistics Group GmbH, and Vanderlande Industries BV are among the key conveyor system market players that are profiled in this market study.

The overall conveyor system market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the conveyor system market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the conveyor system market.

Product Code: TIPMC00002528

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Analyst Market Outlook
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
3.3 Assumptions and Limitations

4. Conveyor System Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain

5. Conveyor System Market - Key Market Dynamics

5.1 Conveyor System Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Expansion of E-Commerce and Warehousing
- 5.2.2 Surging Demand in Food and Beverage and Pharmaceuticals
- 5.2.3 Airport Infrastructure Development
5.3 Market Restraints
- 5.3.1 High Initial Investment and Integration Costs
5.4 Market Opportunities
- 5.4.1 Emergence of Smart Conveyors and AI Integration
5.5 Future Trends
- 5.5.1 Energy-Efficient and Eco-Friendly Systems
5.6 Impact of Drivers and Restraints:

6. Conveyor System Market - Global Market Analysis

6.1 Conveyor System Market Revenue (US$ Million), 2021-2031
6.2 Conveyor System Market Forecast Analysis

7. Conveyor System Market Analysis - by Type

7.1 Belt Conveyors
- 7.1.1 Overview
- 7.1.2 Belt Conveyors: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Roller Conveyors
- 7.2.1 Overview
- 7.2.2 Roller Conveyors: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Overhead Conveyors
- 7.3.1 Overview
- 7.3.2 Overhead Conveyors: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)

8. Conveyor System Market Analysis - by Operation Mode

8.1 Automatic Conveyor Systems
- 8.1.1 Overview
- 8.1.2 Automatic Conveyor Systems: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Semi-automatic Systems
- 8.2.1 Overview
- 8.2.2 Semi-automatic Systems: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Manual Systems
- 8.3.1 Overview
- 8.3.2 Manual Systems: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)

9. Conveyor System Market Analysis - by End-user Industry

9.1 Food and Beverage
- 9.1.1 Overview
- 9.1.2 Food and Beverage: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Automotive
- 9.2.1 Overview
- 9.2.2 Automotive: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Airports
- 9.3.1 Overview
- 9.3.2 Airports: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Logistics
- 9.4.1 Overview
- 9.4.2 Logistics: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Metals and Mining
- 9.5.1 Overview
- 9.5.2 Metals and Mining: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Conveyor System Market - Revenue and Forecast to 2031 (US$ Million)

10. Conveyor System Market - Geographical Analysis

10.1 Overview
10.2 North America
- 10.2.1 North America Conveyor System Market Overview
- 10.2.2 North America: Conveyor System Market - Revenue, 2021-2031 (US$ Million)
- 10.2.3 North America: Conveyor System Market Breakdown, by Type
  - 10.2.3.1 North America: Conveyor System Market - Revenue and Forecast Analysis - by Type
- 10.2.4 North America: Conveyor System Market Breakdown, by Operation Mode
  - 10.2.4.1 North America: Conveyor System Market - Revenue and Forecast Analysis - by Operation Mode
- 10.2.5 North America: Conveyor System Market Breakdown, by End-user Industry
  - 10.2.5.1 North America: Conveyor System Market - Revenue and Forecast Analysis - by End-user Industry
- 10.2.6 North America: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.1 North America: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.2.6.2 United States: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.2.6.2.1 United States: Conveyor System Market Breakdown, by Type
    - 10.2.6.2.2 United States: Conveyor System Market Breakdown, by Operation Mode
    - 10.2.6.2.3 United States: Conveyor System Market Breakdown, by End-user Industry
  - 10.2.6.3 Canada: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.2.6.3.1 Canada: Conveyor System Market Breakdown, by Type
    - 10.2.6.3.2 Canada: Conveyor System Market Breakdown, by Operation Mode
    - 10.2.6.3.3 Canada: Conveyor System Market Breakdown, by End-user Industry
  - 10.2.6.4 Mexico: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.2.6.4.1 Mexico: Conveyor System Market Breakdown, by Type
    - 10.2.6.4.2 Mexico: Conveyor System Market Breakdown, by Operation Mode
    - 10.2.6.4.3 Mexico: Conveyor System Market Breakdown, by End-user Industry
10.3 Europe
- 10.3.1 Europe Conveyor System Market Overview
- 10.3.2 Europe: Conveyor System Market - Revenue, 2021-2031 (US$ Million)
- 10.3.3 Europe: Conveyor System Market Breakdown, by Type
  - 10.3.3.1 Europe: Conveyor System Market - Revenue and Forecast Analysis - by Type
- 10.3.4 Europe: Conveyor System Market Breakdown, by Operation Mode
  - 10.3.4.1 Europe: Conveyor System Market - Revenue and Forecast Analysis - by Operation Mode
- 10.3.5 Europe: Conveyor System Market Breakdown, by End-user Industry
  - 10.3.5.1 Europe: Conveyor System Market - Revenue and Forecast Analysis - by End-user Industry
- 10.3.6 Europe: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.1 Europe: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.3.6.2 Germany: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.2.1 Germany: Conveyor System Market Breakdown, by Type
    - 10.3.6.2.2 Germany: Conveyor System Market Breakdown, by Operation Mode
    - 10.3.6.2.3 Germany: Conveyor System Market Breakdown, by End-user Industry
  - 10.3.6.3 United Kingdom: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.3.1 United Kingdom: Conveyor System Market Breakdown, by Type
    - 10.3.6.3.2 United Kingdom: Conveyor System Market Breakdown, by Operation Mode
    - 10.3.6.3.3 United Kingdom: Conveyor System Market Breakdown, by End-user Industry
  - 10.3.6.4 France: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.4.1 France: Conveyor System Market Breakdown, by Type
    - 10.3.6.4.2 France: Conveyor System Market Breakdown, by Operation Mode
    - 10.3.6.4.3 France: Conveyor System Market Breakdown, by End-user Industry
  - 10.3.6.5 Italy: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.5.1 Italy: Conveyor System Market Breakdown, by Type
    - 10.3.6.5.2 Italy: Conveyor System Market Breakdown, by Operation Mode
    - 10.3.6.5.3 Italy: Conveyor System Market Breakdown, by End-user Industry
  - 10.3.6.6 Russia: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.6.1 Russia: Conveyor System Market Breakdown, by Type
    - 10.3.6.6.2 Russia: Conveyor System Market Breakdown, by Operation Mode
    - 10.3.6.6.3 Russia: Conveyor System Market Breakdown, by End-user Industry
  - 10.3.6.7 Rest of Europe: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.3.6.7.1 Rest of Europe: Conveyor System Market Breakdown, by Type
    - 10.3.6.7.2 Rest of Europe: Conveyor System Market Breakdown, by Operation Mode
    - 10.3.6.7.3 Rest of Europe: Conveyor System Market Breakdown, by End-user Industry
10.4 Asia Pacific
- 10.4.1 Asia Pacific Conveyor System Market Overview
- 10.4.2 Asia Pacific: Conveyor System Market - Revenue, 2021-2031 (US$ Million)
- 10.4.3 Asia Pacific: Conveyor System Market Breakdown, by Type
  - 10.4.3.1 Asia Pacific: Conveyor System Market - Revenue and Forecast Analysis - by Type
- 10.4.4 Asia Pacific: Conveyor System Market Breakdown, by Operation Mode
  - 10.4.4.1 Asia Pacific: Conveyor System Market - Revenue and Forecast Analysis - by Operation Mode
- 10.4.5 Asia Pacific: Conveyor System Market Breakdown, by End-user Industry
  - 10.4.5.1 Asia Pacific: Conveyor System Market - Revenue and Forecast Analysis - by End-user Industry
- 10.4.6 Asia Pacific: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.1 Asia Pacific: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.4.6.2 China: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.2.1 China: Conveyor System Market Breakdown, by Type
    - 10.4.6.2.2 China: Conveyor System Market Breakdown, by Operation Mode
    - 10.4.6.2.3 China: Conveyor System Market Breakdown, by End-user Industry
  - 10.4.6.3 Japan: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.3.1 Japan: Conveyor System Market Breakdown, by Type
    - 10.4.6.3.2 Japan: Conveyor System Market Breakdown, by Operation Mode
    - 10.4.6.3.3 Japan: Conveyor System Market Breakdown, by End-user Industry
  - 10.4.6.4 South Korea: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.4.1 South Korea: Conveyor System Market Breakdown, by Type
    - 10.4.6.4.2 South Korea: Conveyor System Market Breakdown, by Operation Mode
    - 10.4.6.4.3 South Korea: Conveyor System Market Breakdown, by End-user Industry
  - 10.4.6.5 India: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.5.1 India: Conveyor System Market Breakdown, by Type
    - 10.4.6.5.2 India: Conveyor System Market Breakdown, by Operation Mode
    - 10.4.6.5.3 India: Conveyor System Market Breakdown, by End-user Industry
  - 10.4.6.6 Australia: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.6.1 Australia: Conveyor System Market Breakdown, by Type
    - 10.4.6.6.2 Australia: Conveyor System Market Breakdown, by Operation Mode
    - 10.4.6.6.3 Australia: Conveyor System Market Breakdown, by End-user Industry
  - 10.4.6.7 Rest of APAC: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.4.6.7.1 Rest of APAC: Conveyor System Market Breakdown, by Type
    - 10.4.6.7.2 Rest of APAC: Conveyor System Market Breakdown, by Operation Mode
    - 10.4.6.7.3 Rest of APAC: Conveyor System Market Breakdown, by End-user Industry
10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Conveyor System Market Overview
- 10.5.2 Middle East and Africa: Conveyor System Market - Revenue, 2021-2031 (US$ Million)
- 10.5.3 Middle East and Africa: Conveyor System Market Breakdown, by Type
  - 10.5.3.1 Middle East and Africa: Conveyor System Market - Revenue and Forecast Analysis - by Type
- 10.5.4 Middle East and Africa: Conveyor System Market Breakdown, by Operation Mode
  - 10.5.4.1 Middle East and Africa: Conveyor System Market - Revenue and Forecast Analysis - by Operation Mode
- 10.5.5 Middle East and Africa: Conveyor System Market Breakdown, by End-user Industry
  - 10.5.5.1 Middle East and Africa: Conveyor System Market - Revenue and Forecast Analysis - by End-user Industry
- 10.5.6 Middle East and Africa: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.1 Middle East and Africa: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.5.6.2 Saudi Arabia: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.2.1 Saudi Arabia: Conveyor System Market Breakdown, by Type
    - 10.5.6.2.2 Saudi Arabia: Conveyor System Market Breakdown, by Operation Mode
    - 10.5.6.2.3 Saudi Arabia: Conveyor System Market Breakdown, by End-user Industry
  - 10.5.6.3 United Arab Emirates: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.3.1 United Arab Emirates: Conveyor System Market Breakdown, by Type
    - 10.5.6.3.2 United Arab Emirates: Conveyor System Market Breakdown, by Operation Mode
    - 10.5.6.3.3 United Arab Emirates: Conveyor System Market Breakdown, by End-user Industry
  - 10.5.6.4 South Africa: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.4.1 South Africa: Conveyor System Market Breakdown, by Type
    - 10.5.6.4.2 South Africa: Conveyor System Market Breakdown, by Operation Mode
    - 10.5.6.4.3 South Africa: Conveyor System Market Breakdown, by End-user Industry
  - 10.5.6.5 Rest of Middle East and Africa: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.5.6.5.1 Rest of Middle East and Africa: Conveyor System Market Breakdown, by Type
    - 10.5.6.5.2 Rest of Middle East and Africa: Conveyor System Market Breakdown, by Operation Mode
    - 10.5.6.5.3 Rest of Middle East and Africa: Conveyor System Market Breakdown, by End-user Industry
10.6 South and Central America
- 10.6.1 South and Central America Conveyor System Market Overview
- 10.6.2 South and Central America: Conveyor System Market - Revenue, 2021-2031 (US$ Million)
- 10.6.3 South and Central America: Conveyor System Market Breakdown, by Type
  - 10.6.3.1 South and Central America: Conveyor System Market - Revenue and Forecast Analysis - by Type
- 10.6.4 South and Central America: Conveyor System Market Breakdown, by Operation Mode
  - 10.6.4.1 South and Central America: Conveyor System Market - Revenue and Forecast Analysis - by Operation Mode
- 10.6.5 South and Central America: Conveyor System Market Breakdown, by End-user Industry
  - 10.6.5.1 South and Central America: Conveyor System Market - Revenue and Forecast Analysis - by End-user Industry
- 10.6.6 South and Central America: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.1 South and Central America: Conveyor System Market - Revenue and Forecast Analysis - by Country
  - 10.6.6.2 Brazil: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.6.6.2.1 Brazil: Conveyor System Market Breakdown, by Type
    - 10.6.6.2.2 Brazil: Conveyor System Market Breakdown, by Operation Mode
    - 10.6.6.2.3 Brazil: Conveyor System Market Breakdown, by End-user Industry
  - 10.6.6.3 Argentina: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.6.6.3.1 Argentina: Conveyor System Market Breakdown, by Type
    - 10.6.6.3.2 Argentina: Conveyor System Market Breakdown, by Operation Mode
    - 10.6.6.3.3 Argentina: Conveyor System Market Breakdown, by End-user Industry
  - 10.6.6.4 Rest of South and Central America: Conveyor System Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.6.6.4.1 Rest of South and Central America: Conveyor System Market Breakdown, by Type
    - 10.6.6.4.2 Rest of South and Central America: Conveyor System Market Breakdown, by Operation Mode
    - 10.6.6.4.3 Rest of South and Central America: Conveyor System Market Breakdown, by End-user Industry

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Market Share Analysis, 2024

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 Other Developments

13. Company Profiles

13.1 Daifuku Co Ltd,
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Kion Group AG
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Metso Outotec Corp
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Honeywell International Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Interroll Holding GmbH
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Fives SAS
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 SSI SCHAEFER Group
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Swisslog Holding AG,
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 TGW Logistics Group GmbH
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Vanderlande Industries BV
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 List of Abbreviations