E-Commerce Surge Accelerates Growth Of The Conveyor System Market: Core Growth Enabler in the Conveyor System Market, 2025

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What Will the Conveyor System Industry Market Size Be by 2025?
In the past few years, the conveyor system market has seen significant growth. The market size is expected to rise from $9.71 billion in 2024 to $10.28 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. The expansion during this historic period can be accredited to the acceptance of labor-saving devices, implementation of maintenance and after-sales services, enhancement of supply chain efficiency, increasing demands in emerging markets, and strategies aimed at reducing costs.

What's the Long-Term Growth Forecast for the Conveyor System Market Size Through 2029?
The market size for the conveyor system is projected to experience robust growth in the forthcoming years, reaching $13.19 billion in 2029 with a compound annual growth rate (CAGR) of 6.4%. This growth during the forecast period can be credited to the adoption of automation and industry 4.0, expansion in the manufacturing sector, optimization of warehouses, advancements in the retail sector, and a focus on sustainability and green logistics. Key trends noted during the forecast period consist of the fusion with robotics, the provision of maintenance and post-sales services, increased demand in emerging economies, labor cost and productivity considerations, and the impact of globalization and trade.

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What Are the Key Growth Drivers Fueling the Conveyor System Market Expansion?
The surge in e-commerce activities is projected to fuel the expansion of the conveyor system market. E-commerce involves the digital purchase or sale of goods over an electronic network, typically the internet. Conveyor systems are advantageous for e-commerce operations as they offer swift and efficient delivery of various sized packages and parcels, have high speed, and are specifically designed for product capacity. For example, Shopify Inc, a multinational e-commerce corporation based in Canada, reported in February 2022 that the global e-commerce market achieved a total of $5.55 trillion in 2022. Furthermore, in 2021, e-commerce sales in Latin America hit $85 billion. As a result, the growth in the e-commerce industry is spurring the expansion of the conveyor system market.

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What Are the Key Trends Driving Conveyor System Market Growth?
The emergence of sophisticated technology is a leading trend gaining traction in the conveyor system market. Major industries in this field are integrating cutting-edge technologies like the Internet of Things (IoT), radio-frequency identification (RFIDs), two-dimensional radar technology, ultrasonic technology, and artificial intelligence (AI) to maintain their dominance in the market. For example, in February 2022, Continental AG, a company based in Germany and engaged in conveyor systems, rolled out Conti Load Sense, an innovative 2D radar-oriented conveyor monitoring system. This conveyor system stands out owing to its two-dimensional radar-based monitoring that scrutinizes the material and conveyor belt from different perspectives to establish the location of the load and the belt. It also leverages ultrasonic technologies to accurately calculate the volume of products in transit.

How Is the Conveyor System Market Segmented?
The conveyor system market covered in this report is segmented -

1) By Product Type: Belt Conveyor, Roller Conveyor, Pallet Conveyor, Overhead Conveyor, Tri-Planar Conveyor, Crescent Conveyor, Skid Conveyor, Trailer Conveyor, Other Product Types
2) By Component: Aluminum Profile, Driving Unit, Extremity Unit
3) By Operation: Manual, Semi-Automatic, Automatic
4) By End-User Industry: Retail, Food And Beverages, Poultry And Dairy, Automotive, Airport, Other End User Industries

Subsegments:
1) By Belt Conveyor: Flat Belt Conveyor, Modular Belt Conveyor, Wire Mesh Belt Conveyor, Cleated Belt Conveyor
2) By Roller Conveyor: Gravity Roller Conveyor, Powered Roller Conveyor, Accumulation Roller Conveyor
3) By Pallet Conveyor: Chain Driven Pallet Conveyor: Slat Pallet Conveyor, Roller Bed Pallet Conveyor
4) By Overhead Conveyor: Enclosed Track Overhead Conveyor, I-Beam Overhead Conveyor, Power And Free Overhead Conveyor
5) By Tri-Planar Conveyor: Horizontal Tri-Planar Conveyor, Inclined Tri-Planar Conveyor
6) By Crescent Conveyor: Modular Crescent Conveyor, Custom Crescent Conveyor Systems
7) By Skid Conveyor: Fixed Skid Conveyor, Portable Skid Conveyor
8) By Trailer Conveyor: Standard Trailer Conveyor, Custom Trailer Conveyor Systems
9) By Other Product Types: Screw Conveyor, Bucket Conveyor, Magnetic Conveyor, Chain Conveyor

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Which Companies Are Leading the Charge in Conveyor System Market Innovation?
Major companies operating in the conveyor system market are Daifuku Co. Ltd., Continental AG, Siemens AG, Taikisha Ltd., Fives Group, Kion Group AG, Toyota Industries Corporation, KUKA AG, Honeywell International Inc., Murata Machinery Ltd., Interroll Holding AG, Beumer Group GmbH & Co. KG, Viastore Systems GmbH, SSI Schaefer AG, Knapp AG, Mecalux SA, Witron Logistik + Informatik GmbH, Kardex Group, Tere*x Corporation, FlexLink AB, Dorner Mfg Corp., Hytrol Conveyor Co. Inc., mk Technology Group Inc., TGW Logistics Group, Conveyor Systems Ltd., Conveyor Units Ltd., ConveyorTek Ltd., LAC Conveyors & Automation Ltd., Advance Automated Systems Ltd.

Which Regions Are Leading the Global Conveyor System Market in Revenue?
Asia-Pacific was the largest region in the conveyor system market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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