South America Conveyor Market Outlook, 2029

The conveyor system market in South America has grown dramatically over the last few decades, owing to industrialisation, technical improvements, and economic growth. Conveyor systems were traditionally utilised in manufacturing and logistics to improve material handling processes. The late twentieth century saw the advent of automation and advanced control technologies, which significantly improved the efficiency and capability of conveyor systems. South America had rapid industrial expansion in the early 2000s, particularly in the mining, automotive, and food and beverage industries. This expansion generated demand for innovative conveyor systems that could handle a wide range of commodities and operate in a variety of environments.

The rise of the retail and e-commerce sectors accelerated the use of conveyor systems for sorting and distribution. The integration of sensors, IoT technology, and data analytics has resulted in the development of smart conveyor systems. These technologies enable real-time monitoring, predictive maintenance, and improved process management, resulting in increased efficiency and less downtime. Modular conveyor systems are flexible and scalable, allowing businesses to customise and expand their conveyor setups in response to changing needs. These systems are simpler to install and reconfigure, making them perfect for dynamic industrial and logistical settings.

The COVID-19 pandemic had a significant impact on the South American conveyor systems market. The initial phase of the pandemic caused supply chain disruptions, temporary shutdowns of production facilities, and delays in project completion. Global uncertainty and economic slowdown impacted industrial activities, resulting in a decrease in conveyor system demand.

According to the research report, "South America Conveyor System Market Outlook, 2029,", the South America conveyor system market is anticipated to add to more than USD 230 Million by 2024-29. Several important players control the South American conveyor system market, each contributing to its expansion with novel solutions and strategic activities. Siemens is a global leader in automation and conveyor technology. Its material handling and logistics solutions are widely used throughout South America in a variety of industries. Schneider Electric offers a variety of conveyor systems and automation solutions to improve efficiency and control.

The company's conveyor system offerings demonstrate its commitment to digital transformation and sustainability. Daifuku is a key player in the conveyor system market, renowned for its innovative automation and material handling systems. Participation in industry groups and trade organisations enables businesses to stay current on market developments, legislation, and best practices. South American countries rely on imports for innovative conveyor systems and components due to limited local manufacturing capacity.

Major exporters to the region include the United States, Germany, and China. Import activity is fuelled by the need for sophisticated technology and the requirement to upgrade old systems. Some South American countries, like Brazil and Argentina, are becoming exporters of conveyor systems and components. These exports are frequently aimed at neighbouring nations and other regions with thriving industrial economies.

Market Drivers

• Rapid industrial growth and urbanisation: As businesses grow and new production and logistical facilities are built, the demand for efficient material handling systems rises. The creation of new industrial parks and distribution centres in nations such as Brazil, Argentina, and Chile is driving up demand for modern conveyor systems.
• E-commerce Expansion: The growth of e-commerce has significantly raised the demand for efficient sorting and delivery systems. As more people purchase online, businesses are investing in conveyor systems to handle large numbers of shipments and optimise warehouse operations. This trend is particularly noticeable in countries such as Brazil and Argentina, where online retail is quickly expanding.

Market Challenges

• Economic Instability: Economic volatility and instability in certain South American countries may have an impact on the conveyor system market. Economic downturns and political uncertainty may result in reduced industry investments and project delays, lowering demand for conveyor systems.
• Technological Integration Issues: It might be difficult to integrate new conveyor technologies with old systems. Compatibility difficulties, the necessity for system upgrades, and the complexities of integrating advanced technology can all pose challenges for businesses wanting to modernise their material handling operations.

Market Trends

• Automation in conveyor system: Automated conveyor systems boost efficiency, lower labour costs, and increase material handling accuracy. The combination of robotics and automation technology is revolutionising conveyor systems and accelerating their acceptance throughout South America.
• Growth in the Mining and Automotive Sectors: The mining and automotive industries make important contributions to the conveyor system industry. Conveyor systems are used in mining to carry ores and minerals, and in the automotive industry for assembly and logistics. The expansion of these sectors in South America increases demand for innovative conveyor systems that are suited to their individual requirements.

The automotive & transportation industry now dominates the South American conveyor system market.

This dominance stems from the car industry's rapid growth and ongoing expenditures in manufacturing and assembly procedures. Conveyor systems are essential in automotive production, enabling efficient material handling, assembly line operations, and logistics. As automobile manufacturers in South America expand their production capabilities and renovate their facilities to improve efficiency, the need for innovative conveyor systems grows. Daifuku is well-known for its extensive material handling solutions, which include conveyor systems tailored for the automotive industry.

Their technologies are noted for their dependability and versatility, which are critical in automotive assembly lines and production facilities.Fives offers innovative conveyor systems for the automobile sector, with an emphasis on increasing productivity and process efficiency. Their technologies are applicable to a variety of automotive applications, including assembly lines and logistics.

While the automotive industry dominates the demand for conveyor systems, other industries such as food and beverage, chemical and pharmaceutical, construction and mining, and consumer electronics also play a key role in the market. Conveyor systems are used in every industry to streamline operations and improve efficiency, but the automotive industry is now leading the way due to its size and investment levels.

In the South American conveyor system market, belt conveyors are the most popular.

Belt conveyors are popular due to their adaptability, ease of installation, and ability to handle a diverse range of commodities, including bulk and packaged goods. Their versatility makes them useful for a wide range of industries, including automotive, food and beverage, and logistics. Interroll is a major player in the conveyor systems market, providing a wide variety of belt conveyor solutions. Their products are well-known for their durability and efficiency, with applications ranging from logistics to manufacturing. Belt conveyors manufactured by Interroll are popular in South America due to their superior technology and modular designs.

Schneider Electric manufactures revolutionary belt conveyor systems that use energy-efficient and smart technologies. Their solutions are intended to improve performance while lowering operational costs, making them a major player in the South American market. Other types of conveyors, such as roller, pallet, and overhead conveyors, have their applications, but belt conveyors dominate the market due to their broad use and adaptability across numerous industries. Their capacity to handle a wide range of materials and applications makes them a popular choice for many South American firms.

In the South American conveyor system market, automatic conveyor systems are now the most used operation type.

The desire for better productivity, lower labour costs, and improved accuracy in material handling procedures drives the automation trend. Automatic systems provide various benefits, including real-time monitoring, less manual involvement, and the possibility to interface with other automated technology. Schneider Electric offers automatic conveyor systems with an emphasis on energy economy and digital integration. Their solutions are built to maximise performance and include intelligent features like predictive maintenance and real-time data. Schneider Electric's emphasis on automation and sustainability establishes them as a prominent player in South America.

Fives specialises in automatic conveyor systems designed for a variety of industrial applications. Their solutions are renowned to increase productivity and operational efficiency. Fives' devotion to innovation and automation reinforces their key role in the South American market. While manual and semi-automatic systems remain significant, the growing emphasis on automation is fuelling demand for automatic conveyor systems. Automatic systems are preferred by many industries in South America due to their potential to improve efficiency, minimise human error, and combine with other automated technology.

Unit load conveyors now dominate the South American conveyor system market. Unit load conveyors are designed to handle single loads or parcels.

Unit load conveyors now dominate the South American conveyor system market. Unit load conveyors are intended to handle single loads or packages, making them perfect for sectors that require precise and efficient material handling. This sort of conveyor is very common in industries like logistics, automotive, and food and beverage, where handling individual goods or pallets is critical for maintaining smooth operations and optimising throughput. While belt conveyors are also extensively used, unit load conveyors are preferred due to their capacity to handle precise loads and efficiency in automated settings. This makes them especially useful in the dynamic and diverse industries of South America.

Daifuku is a key player in the unit load conveyor market, known for its diverse variety of solutions for industries such as automotive, logistics, and manufacturing. Their unit load conveyors are well-known for their dependability, versatility, and effectiveness while handling big and bulky objects. Daifuku's creative designs and strong market presence position them as a top provider in South America.

Siemens provides innovative unit load conveyor systems that focus on automation and integration. Their solutions are outfitted with cutting-edge control systems and are intended to improve operational efficiency and minimise downtime. Siemens' industrial automation experience helps them maintain their dominant position in South America's unit load conveyor sector.

In the South American conveyor system market, Brazil is the leading country.

Brazil's dominance stems from its extensive industrial base, strong manufacturing sector, and significant investments in infrastructural development. The country is a significant centre for industries like automotive, food and beverage, logistics, and mining, all of which rely heavily on modern conveyor systems to improve efficiency and streamline operations. Brazil's vast industrial landscape contains multiple production and distribution facilities that use conveyor systems for material handling, sorting, and automation. The continued industrial expansion, together with the growth of the e-commerce and logistics sectors, has resulted in a surge in demand for advanced conveyor solutions in the country.

Also, Brazil's emphasis on infrastructure projects, such as the construction of new ports, airports, and industrial parks, increases the demand for conveyor systems to support large-scale operations. Interroll conveyor systems are popular in Brazil because to their high performance and durability. The company's unique solutions address the different needs of Brazilian industry. Fives provides conveyor systems in Brazil that focus on increasing productivity and efficiency in a variety of industrial applications.

• In 2023, several large Brazilian e-commerce enterprises will begin deploying automated conveyor systems to speed sorting and fulfilment procedures. This move emphasises the growing relevance of conveyor technology in managing greater online shopping volume.
• In 2022, the Brazilian government has announced large investments in infrastructure projects, such as ports and industrial parks, for 2022. These improvements are likely to increase demand for innovative conveyor systems that will assist logistics and material handling in these new facilities.
• In 2013, the Chilean government established the National Program for Mining Suppliers (PNA Minera) to promote the growth of local suppliers, including conveyor system manufacturers. This effort aims to boost the mining sector's competitiveness while also encouraging local innovation.
• In 2017, the Argentine government announced the National Plan for Mining Development, which includes attempts to improve the efficiency and sustainability of mining operations via sophisticated conveyor systems.

Considered in this report

• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report

• Conveyor market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Industry

• Automotive & Transportation
• Food & Beverage
• Chemical & Pharmaceutical
• Construction & Mining
• Consumer Electronics
• Other

By Type

• Belt
• Roller
• Pallet
• Overhead
• Others

By Operation

• Manual
• Semi-automatic
• Automatic

By Load

• Bulk
• Unit

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases.

After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Conveyor industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.