Global Automatic conveyor Market Size, Share & Trends Analysis Report, Forecast Period, 2023-2030

The Automatic conveyor market is experiencing robust expansion, with market size projected to increase from 2024 to (3.11 Billion) 2030, demonstrating a consistent year-over-year growth rate of 6.2% Automatic conveyor Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Roller Conveyor, Belt Conveyor, Chain Conveyor, Screw Conveyor, Other), by applications (Industrial, Logistics, Food and Beverage, Pharmaceutical, Other) ,by Drive Type (Electric, Hydraulic, Pneumatic, Other) And regions (North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2030

The worldwide automatic conveyor market covers the process of creating, constructing, and putting in place various automated systems, which convey materials or products internally in factories, warehouses, and distribution centres. These systems remove manual handling of materials, assisting in improving efficiency, productivity, and safety standards. The market is driven by several factors, the most important being incessant automation and robotic application in manufacturing and logistics operations, an increase in demand for efficiency, cost-effective production, and improving safety at the workplace. With the increase in the uptake of automation and digitalization in various sectors, the advanced conveyor systems are likely to have a high demand in the coming years.

Automatic conveyor Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2023
Growth Rate	CAGR of 6.2%
Forecast Value (2030)	USD 3.11 Billion
By Product Type	Roller Conveyor, Belt Conveyor, Chain Conveyor, Screw Conveyor, Other
Key Market Players	Interroll Holding Apeks TGW Logistics Group KION Group Murata Machinery Hytrol Conveyor Company Dematic Daifuku Co. Bastian Solutions Vanderlande Knapp AG Honeywell Intelligrated Swisslog Siemens Beumer Group
By Region	North America(United States, Canada, Mexico) South America(Brazil, Argentina, Chile, Rest of South America) Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe) Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific) MEA(Middle East, Africa)

Automatic conveyor Market Trends

There is a notable development in the automatic conveyor industry, which is shaped by the introduction of advanced automation and smart integrated technologies. Manufacturers are more responsible in incorporating new components, such as efficient sensors, AI-based management systems connected over Internet of Things networks, optimizing the speed, efficiency, flexibility, and the supervision of the conveyor systems. As a result, the operation of automatic conveyor systems is improved by effective movement of materials, reduction of idle time, and enhancement of other productive capital usage. This is especially true for the automotive, food and beverage, and e-commerce sectors, which need faster and more reliable systems due to increased consumer demands and better supply chain management. A further advancement within the market is reflected in the increased focus on conveyor systems that are energy efficient and environmentally friendly. Due to heightened awareness of the environment, there is a rise in the need for energy-efficient conveyors, those made from green materials, and those with less emission of carbon. Systematic green approaches are being adopted by many companies, for example, regenerative drives and low-energy motors fitted in conveyor systems.

Automatic conveyor Market Leading Players

The key players profiled in the report are Interroll Holding, Apeks, TGW Logistics Group, KION Group, Murata Machinery, Hytrol Conveyor Company, Dematic, Daifuku Co., Bastian Solutions, Vanderlande, Knapp AG, Honeywell Intelligrated, Swisslog, Siemens, Beumer Group

Growth Accelerators

The primary market drivers for automatic conveyor systems are the emphasis on the need for automation across industries like those already mentioned: manufacturing, logistics, and e-commerce. In their quest to enhance efficiency, minimize workforce costs, and improve the handling of products, companies have incorporated automated conveyor systems in the production lines, packaging, and even movement of materials. The increasing use of e-commerce by consumers who are on the verge of buying a product but, other than that, waiting for delivery has led to middle-adopted conveyor systems to help in the quick handling of massive quantities of products. Moreover, the growing emphasis on industrial safety and workplace ergonomics is also contributing to the growth of the automatic conveyor market. The adoption of automated conveyors promotes safety in the operations since there is less manual handling, reducing the chances of manual handling injury. Also, the growth of technology, for instance, the use of IoT and AI within conveyor systems, is enhancing monitoring, maintenance, and operational efficiency on a real-time basis, more persuading an industry in a long-term solution to enhance productivity and reduce operative costs.

Automatic conveyor Market Segmentation analysis

The Global Automatic conveyor is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Roller Conveyor, Belt Conveyor, Chain Conveyor, Screw Conveyor, Other . The Application segment categorizes the market based on its usage such as Industrial, Logistics, Food and Beverage, Pharmaceutical, Other. Geographically, the market is assessed across key Regions like North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The competitive scenario of the automatic conveyor market consists of a number of major players that cater to various applications of conveyor systems in industries like manufacturing, logistics, automotive, and food, among others. The major players consist of multinationals, including Siemens AG, Honeywell International, Daifuku Co. Ltd., and SKF Group systems, and conveyor systems, among others. These players invest heavily in research and development to enhance their product portfolio, offer new products and services, and extend their geographical scope through mergers, acquisitions, or alliances with other companies. They also promote green solutions, energy-saving, and solutions that are adaptable with Industry 4.0 systems such as the Internet of Things and artificial intelligence in order to improve automation and operational efficiency.

Challenges In Automatic conveyor Market

The market of automatic conveyors is plagued by high initial costs and laborious installation. While automatic conveyors guarantee efficiency and productivity in the long run, there is ease of installation and purchase which is expensive to most SMEs. Moreover, most conveyor systems have a high cost aiming at customization for given industries or applications, rendering it impossible for some firms to embrace automation. The process of installation has some physical deterrents such as downtime, disruption of ongoing processes, and even technical difficulties of which may discourage some companies from modernizing their machinery. Another crucial aspect that must be considered is the maintenance schedule and risks of system failure or breakdown. Operational automatic conveyor systems are serviced and monitored on a regular basis to keep them running efficiently, as this proves to be very important to eliminate loss of time in production due to standstills. Additionally, the adoption of new technologies, such as AI and IoT, into conveyor systems also entails the need for competent manpower for installation, training, and troubleshooting, making operations difficult.

Risks & Prospects in Automatic conveyor Market

The market for automatic conveyors has high potential due to the rising levels of automation in the manufacturing and logistics sectors in different industries. This has seen an increase in the use of automated conveyor systems as companies look to improve operational efficiency and reduce the costs of labour while at the same time increasing production rates. The automotive, food and beverage, pharmaceutical, and e-commerce industries are modernizing their conveyor systems to improve their material distribution and product availability and shorten the time taken to deliver goods. An additional opportunity is based on the growth of the e-commerce and warehousing industries, which are also capable of utilizing automated conveyors for sorting, packing, and storing goods, among other things. The growth of e-commerce has also created an opportunity for the growth of high-speed systems that have the capability to move large quantities of products with ease. The latest trends in running factories are incorporating hybrid systems and practices, which are strategies for carrying out business with minimal environmental consequences as well as being energy conserving. Thus, as such industries keep on maturing, there is a huge scope of conveyor technology and its application, divergent from the mundane offering of basic material handling systems.

Key Target Audience

Industries such as manufacturing, logistics, and warehousing are the primary end-users of automatic conveyors. Especially, manufacturers in the automotive, electronics, and food processing sectors depend on the appropriate use of automatic conveyors to enhance production line efficiency, cut operational costs, and enhance labour productivity. Conveyors are vital in moving raw materials, parts, and components, as well as finished goods, during production, assembly, and packaging. These industries focus on the automation of operations in order to improve the speed, accuracy, and uniformity of the processes. For this reason, automatic conveyors are integral components of their supply chain management systems.

Merger and acquisition

The automatic conveyor systems sector has witnessed an influx of mergers and acquisitions recently, with companies looking to acquire certain capabilities for their growth. As in 2021, ATS Corporation purchased NCC Automated Systems for $40 million. The purchase added value to the portfolio of precision conveyor technologies offered by ATS because it supported their strategy on automation products, particularly in the advanced food and beverage markets. With the NCC-engineered solutions and stand-alone conveyance equipment, ATS is now able to provide enhanced precision conveyor technologies to the existing customer base. Aside from that, it is worth noting that Garvey Corporation’s acquisition by Columbus McKinnon is a poignant transaction that strengthens its competitiveness in the conveyor market. The acquisition enabled Columbus McKinnon to add Garvey’s patented accumulation systems, which are essential for maximizing the efficiency of production line processes.