Conveyor System Market to exceed US$ 9.40 Billion by 2031

Published on 08-Aug-2025
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Report : Conveyor System Market Report: Size, Share and Outlook by 2031

According to our latest study on "Conveyor system Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Type, Operation Mode, and Industry" 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.

The conveyor system market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.

Middle East and Africa is segmented into Saudi Arabia, UAE, South Africa, and the Rest of MEA. The conveyor system market in the Middle East and Africa (MEA) is shaped by rapid infrastructure development, economic diversification efforts, and increasing investments in automation across logistics, mining, food processing, and manufacturing sectors. In the Gulf Cooperation Council (GCC) countries, government-led diversification away from oil dependence is stimulating industrial growth, leading to the establishment of free zones, logistics parks, and large-scale manufacturing units that rely on conveyor systems for streamlined operations. For instance, in June 2025, ProStack, a leading provider of bulk material handling solutions, introduced a new line of tracked conveyors tailored for small to medium-sized operations.

According to the company, these new models feature shorter conveyor lengths compared to the existing ProStack range, offering more flexibility without sacrificing performance. The newly launched models include the TC 50, TC 60, and TR 60-tracked conveyors available in 50-foot (15-meter) and 60-foot (18-meter) lengths, with the TR 60 offering a radial configuration . Sectors such as cement, steel, and petrochemicals continue to be significant adopters, especially for heavy-duty conveyor solutions. In the logistics sector, regional hubs like the UAE and Saudi Arabia are seeing a surge in demand for conveyors due to increasing cargo traffic, growing e-commerce, and the expansion of smart warehouse facilities. Africa's market, though at a relatively nascent stage, is gaining momentum due to increasing mining activity and agricultural processing needs.

Conveyor systems are being recognized as essential tools for improving productivity and reducing labor reliance, especially in regions where workforce availability can be inconsistent. In food and beverage processing, rising hygiene standards are driving the adoption of enclosed and easily cleanable conveyors. Challenges such as inconsistent regulatory frameworks, limited technical expertise, and fragmented supply chains persist in some parts of the MEA region. However, international players are increasingly forming partnerships with local firms to bridge these gaps, offering maintenance and training services alongside product deployment. Overall, growing infrastructure investment and a rising focus on efficiency and automation are steadily unlocking opportunities in the Middle East and Africa conveyor market.

Key Findings of Conveyor system Market Study:

The global conveyor system market, by type, is segmented into belt conveyors, roller conveyors, overhead conveyors, and others. Overhead conveyors are conveyor systems that hang from the ceiling or a support structure, moving products above the floor. This design saves floor space and keeps work areas clear. Overhead conveyors are common in industries like automotive manufacturing, garment production, and food processing. Their main advantage is that they use space more efficiently, which is important in factories or warehouses where floor space is limited. Overhead conveyors also help create smooth and continuous workflows, moving products through different stages of production or assembly. The market for overhead conveyors is growing because companies want to maximize space and improve productivity. As factories become more automated, overhead conveyors help integrate different production processes. New technologies, such as automated controls and smart system integration, make these conveyors more flexible and easy to operate. This makes overhead conveyors a popular choice for modern manufacturing plants.

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 players profiled in the conveyor system market report. Several other major players were studied and analyzed during the Conveyor system market analysis to get a holistic view of the market and its ecosystem. The conveyor system market also provides detailed market insights, which help the key players strategize their growth. The report includes growth prospects owing to the current conveyor system market trends and their foreseeable impact during the forecast period.

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