Conveying equipment Market To Reach $81.9 Billion By 2033

Conveying Equipment Market Growth & Trends

The global conveying equipment market size is expected to reach USD 81.9 billion by 2033, registering a CAGR of 4.3% from 2026 to 2033, according to a new report by Grand View Research, Inc. The robust growth of e-commerce and the need for a high-quality goods management system to maintain high flexibility in the distribution system are the key drivers for the conveyor equipment market. As more people shop online, companies are setting up modern centers to make shipping faster.

The growing industrial expansion contributes to the expansion of manufacturing activities in energy, mining, food & beverage, and production sectors. These industries heavily rely on conveying equipment for tasks like material handling, and manufacturing process control. As the production volume rises to meet the growing demand, the demand for efficient, reliable, and cost-effective conveying equipment is likely to increase over the forecast period.

Moreover, the surge in technological innovations has been contributing to market expansion. Technologically advanced conveying equipment used in industrial compressors improves the productivity and capabilities of various end-use industries, such as food & beverage, automotive & electronics production. For instance, in February 2024 TSGlobal unveiled a range of conveyor belts that manages the way materials are transported within manufacturing facilities, distribution centers, and warehouses. The conveyor belts now have an advanced automation system that optimizes their operations. This system utilizes sensors, machine learning algorithms, and artificial intelligence to enable real-time adjustments and monitoring.

Manufacturers are adopting several strategies, such as acquisitions, mergers, joint ventures, new product launches, and geographical expansion, to enhance market penetration and cater to changing technological demands from various end-use applications, including food & beverage, warehouse & distribution, automotive, and airport.

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Conveying Equipment Market Report Highlights

• The conveying equipment market is fragmented, with a mix of large global players and numerous regional and specialized manufacturers. While a few multinational companies dominate high-value, automated, and large-scale system integration projects, a significant portion of the market is served by small and mid-sized firms offering customized or niche conveyor solutions

• The conveying equipment market continues to see strong innovation focused on improving efficiency, reducing waste, and enhancing system performance. Manufacturers are increasingly introducing customer-driven retrofit solutions that upgrade existing systems without requiring full replacements. 

• The conveying equipment market is being driven by the rapid growth of e-commerce, warehousing, and distribution activities, which require fast and efficient material handling systems. Companies are increasingly adopting automated conveyors to improve throughput, reduce manual labor, and enhance accuracy in operations.

• The unit handling segment dominated the conveying equipment market and accounted for 45.0% share in 2025, supported by the rapid expansion of e-commerce, warehousing, and distribution operations

• In 2025, belt conveyors dominated the conveying equipment market with 24.1% share, owing to their widespread use across industries such as mining, food & beverage, and logistics.

• The warehouse & distribution segment dominated the conveying equipment market in 2025, mainly due to the rapid growth of e-commerce and omnichannel retail. Companies heavily invested in automated material handling systems to manage high order volumes, faster delivery expectations, and efficient inventory movement.

• Asia Pacific held the largest share of the conveying equipment market and accounted for 46.6% share in 2025. Asia Pacific dominated the conveying equipment market in 2025 and also emerged as the fastest-growing region.

Conveying Equipment Market Segmentation

Grand View Research has segmented the global conveying equipment market on the basis of product, type, application, and region:

Conveying Equipment Product Outlook (Revenue, USD Billion, 2021 - 2033)

• Unit Handling

• Bulk Handling

• Parts & Attachments

Conveying Equipment Type Outlook (Revenue, USD Billion, 2021 - 2033)

• Belt

• Roller

• Pallet

• Overhead

• Chain conveyors

• Others

Conveying Equipment Application Outlook (Revenue, USD Billion, 2021 - 2033)

• Warehouse & Distribution

• Airport

• Food & Beverage

• Mining

• Electronics

• Automotive

• Others

Conveying Equipment Regional Outlook (Revenue, USD Billion, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Spain

  • Germany

  • Italy

  • France

  • UK

  • Russia

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

  • Thailand

  • Indonesia

  • Malaysia

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in Conveying Equipment Market

• Daifuku Co., Ltd.

• BEUMER GROUP

• Fives Group

• FlexLink

• Jungheinrich AG

• Kardex

• Kion Group AG

• Intralox

• Murata Machinery, Ltd

• Phoenix Conveyor Belt Systems

• Dorner Conveyors

• TGW Logistics Group

• Continental AG

• Interroll Group

• FMH Conveyors