Conveyor System Market Report 2026

The conveyor system market size has grown strongly in recent years. It will grow from $10.16 billion in 2025 to $10.77 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of manufacturing automation, growth of warehouse and logistics infrastructure, increasing labor cost pressures, rising adoption of assembly line production, expansion of airport baggage handling systems.

The conveyor system market size is expected to see strong growth in the next few years. It will grow to $13.61 billion in 2030 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing adoption of smart factories, rising investments in e-commerce logistics, expansion of automated warehouses, growing focus on predictive maintenance, increasing deployment of AI-enabled material handling. Major trends in the forecast period include expansion of automated material handling systems, increasing integration of smart sensors in conveyors, rising demand for flexible and modular conveyor designs, growing adoption of energy-efficient conveyor drives, enhanced focus on workplace safety automation.

Increasing vehicle production is expected to drive the growth of the conveyor system market going forward. Production vehicles, or production cars, are mass-produced automobile models offered for public sale and legally operable on public roads. Conveyor systems are extensively used in automotive manufacturing to move materials, components, and finished vehicles across various stages of the production line. For example, in March 2024, the European Automobile Manufacturers' Association (ACEA), an Italy-based motor vehicle manufacturing association, reported that EU car production experienced strong growth in 2023, surpassing 12 million units and increasing by 11.3% from the previous year. Therefore, the rise in vehicle production is driving the growth of the conveyor system market.

Key players in the conveyor system market are concentrating on developing innovative products, including next-generation solutions, to secure a competitive advantage. A next-generation conveyor system refers to an advanced conveyance system that integrates state-of-the-art technologies, design principles, and materials to improve operational efficiency, reliability, and performance. For example, in April 2023, Omtech Food Engineering, an India-based manufacturer of conveyor and modular belts, launched a next-generation conveyor belt system designed to enhance food processing operations. These systems are categorized into four main types: manufacturing conveyors, food application conveyors, parcel conveyors, and packaging sector conveyors. They offer a diverse range of application-specific designs and customizable belt options that consider essential factors such as the type and stage of production, while reducing downtime, increasing output, and enhancing overall efficiency. The conveyor's modular design reduces the risk of damage or contamination during the movement of food products, ensuring cleanliness and safety throughout the conveying process.

In March 2024, Marubeni Corporation, a Japan-based trading company, acquired Alternative Belting Enterprises Ltd. for an undisclosed amount. Through this acquisition, Marubeni aimed to expand its conveyor belt distribution and maintenance services in Canada, thereby strengthening its supply-chain presence in material-handling and bulk-conveyor systems across North America. Alternative Belting Enterprises Ltd. is a Canada-based provider of rubber and plastic conveyor belts, conveyor system components, and related installation and maintenance services.

Major companies operating in the conveyor system market are Daifuku, Continental, Siemens, Fives, Kion Group, Toyota Industries, Honeywell International, Murata Machinery, Interroll Holding, Beumer Group, Viastore Systems, SSI Schaefer, Knapp, Mecalux, Witron Logistik + Informatik, Kardex Group, FlexLink, Dorner, Hytrol Conveyor, mk Technology Group, TGW Logistics Group, Conveyor Systems, Conveyor Units, ConveyorTek, LAC Conveyors & Automation, Advance Automated Systems.

Asia-Pacific was the largest region in the conveyor system market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the conveyor system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the conveyor system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The conveyor system market consists of sales of cable, bucket, and floor conveyor systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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