Global Conveying Equipment Market Size and Growth Forecast 2025-2032
The conveying equipment industry is witnessing robust transformation driven by automation and logistics advancements. This sector caters to diverse industries, fueling improvements in material handling efficiency. Recent trends indicate steady expansion supported by technological integration and rising demand across manufacturing and warehousing verticals.Market Size and Overview
The conveying equipment market is estimated to be valued at USD 54.21 Bn in 2025 and is expected to reach USD 71.34 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.00% from 2025 to 2032.
This Conveying Equipment Market Growth is propelled by increasing automation in supply chains and expanding e-commerce activities. The market report highlights significant investments in conveyor system innovations and an uptick in market revenue driven by smart conveyor systems adoption. Market insights emphasize a diversifying market scope with enhanced material handling solutions meeting complex logistics challenges.
Market Drivers
One of the primary market drivers impacting the conveying equipment market dynamics is the surge in industrial automation combined with escalating demand for efficient logistics operations. For instance, in 2024, several manufacturing hubs in Asia-Pacific accelerated conveyor system installations, contributing to a 12% rise in regional market revenue. This shift towards automated sorting, packaging, and material transport significantly boosts the industry share by streamlining warehouse operations and reducing human error. Increasing investments by top market companies in smart conveyor integration technologies underscore this growth opportunity.
PEST Analysis
- Political: Regulatory initiatives promoting domestic manufacturing and infrastructure development in the US and China in 2024 have stimulated capital infusion into logistics equipment segments, reflecting a positive impact on conveying equipment market growth strategies.
- Economic: Global inflation pressures in early 2025 led some manufacturers to optimize costs by adopting energy-efficient conveying systems, which is reflected in updated market analysis forecasting steady revenue growth despite economic challenges.
- Social: The rise in e-commerce and preference for fast delivery amplified consumer expectations, driving market demand and shaping industry trends towards versatile, scalable conveyor solutions optimized for last-mile delivery centers.
- Technological: Innovations such as AI-powered conveyor monitoring and IoT-enabled predictive maintenance introduced by key players in 2025 revolutionize market opportunities and are crucial to overcoming market restraints related to operational downtime.
Promotion and Marketing Initiative
In 2025, one notable marketing campaign was executed by a leading conveying equipment manufacturer, focusing on interactive virtual reality demonstrations for logistics clients. This initiative enhanced customer engagement and provided real-time insights into product applications, resulting in a 15% increase in qualified leads and contributing positively to the company's market share and revenue growth. Such strategies demonstrate the growing importance of technology-driven marketing in amplifying market scope.
Key Players
- Daifuku Co., Ltd.
- Siemens AG
- Honeywell Intelligrated
- TGW Logistics Group
- BEUMER Group
Recent developments include:
- Daifuku Co., Ltd. expanded its automated conveyor solutions portfolio in 2025, entering new geographies in Southeast Asia, which led to increased market penetration.
- Siemens AG launched an AI-integrated conveyor control system in 2024, enhancing operational efficiency for industry clients and strengthening its industry share.
- Honeywell Intelligrated formed strategic partnerships with major e-commerce players in 2025, scaling up its conveyor equipment demand significantly.
- TGW Logistics Group introduced eco-friendly conveyor belts supporting sustainability goals in 2024, influencing market trends positively.
- BEUMER Group invested in R&D to develop modular conveying equipment, improving customization and accelerating business growth in 2025.
FAQs
Q1: Who are the dominant players in the Conveying Equipment market?
The dominant players include Daifuku Co., Ltd., Siemens AG, Honeywell Intelligrated, TGW Logistics Group, and BEUMER Group, all of which have introduced innovative solutions and expanded operations between 2024 and 2025.
Q2: What will be the size of the Conveying Equipment market in the coming years?
The market size is projected to grow from USD 54.21 billion in 2025 to USD 71.34 billion by 2032, with a CAGR of 4.0% driven by automation and logistics industry growth.
Q3: Which end-user industry has the largest growth opportunity?
The logistics and e-commerce sectors present the largest growth opportunities due to rising demand for efficient material handling and quick delivery systems.
Q4: How will Conveying Equipment market development trends evolve over the next five years?
The market trends will evolve towards AI-driven automation, IoT integration, and sustainability-focused equipment, enhancing predictive maintenance and energy efficiency.
Q5: What is the nature of the competitive landscape and challenges in the Conveying Equipment market?
The landscape is competitive with strong innovation focus among market players, while challenges include high initial investment costs and increasing demand for customization.
Q6: What go-to-market strategies are commonly adopted in the Conveying Equipment market?
Strategies include virtual product demonstrations, strategic partnerships with logistics firms, and expansion into emerging markets to leverage rising e-commerce demand.
This comprehensive conveying equipment market report incorporates key market size and revenue insights supported by recent data, delivering strategic value for stakeholders monitoring market trends and growth opportunities.
‣ Get more insights on: Conveying Equipment Market
‣ Get this Report in Japanese Language: 搬送機器市場
‣ Get this Report in Korean Language: 수송장비시장
‣ Read More Related Articles: Mitral Valve Annuloplasty Rings: Rapid Growth With Increasing Prevalence Of Valvular Heart Disease
About Author:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights. (LinkedIn: www.linkedin.com/in/alice-mutum-3b247b137 )