Conveyor System Market Size

Conveyor System Market size was valued at USD 12.55 billion in 2024 and is likely to exceed USD 39.78 billion by the end of 2037, expanding at over 9.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of conveyor system is evaluated at USD 13.48 billion.

The growth of the market can be attributed to the increasing number of e-commerce companies across the globe. Furthermore, e-commerce companies are trying to provide the best experience to their customers by providing their orders at an accurate time, day, and place. Therefore, the conveyor system assists these companies in the warehouse through handling all their orders, and it is expected to boost the growth of the market over the forecast period. By the end of 2025, it is expected that retail e-commerce sales across the globe to reach more than USD 7,000 Billion.

A conveyor system refers to mechanical handling equipment that is used to move materials from one to another locations. They are popularly used for the transportation of high load materials, as they are difficult to carry. There has been continuous advancement in the conveyor system through different means, such as portable conveyors. In addition to these, factors that are believed to fuel the market growth of conveyor systems include the increasing use of conveyors in different industries such as the logistics, parcel, and automation industries. The logistics and parcel delivery industries use portable conveyors, also known as mobile line shaft conveyors, as it shortens production time and lowers overall costs.