Automatic Conveyor Market Research Report By Conveying Orientation (Horizontal, Vertical, Inclined, Curved, Other), By Conveyor Type (Roller Conveyor, Belt Conveyor, Chain Conveyor, Screw Conveyor, Other), By Application (Industrial, Logistics, Food and Beverage, Pharmaceutical, Other), By Drive Type (Electric, Hydraulic, Pneumatic, Other), By Load Capacity (Light Duty (>100 kg), Medium Duty (>500 kg), Heavy Duty (>2,000 kg)) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to

Automatic Conveyor Market Overview

As per MRFR analysis, the Automatic Conveyor Market Size was estimated at 2.14 (USD Billion) in 2022. The Automatic Conveyor Market Industry is expected to grow from 2.22 (USD Billion) in 2023 to 3.11 (USD Billion) by 2032. The Automatic Conveyor Market CAGR (growth rate) is expected to be around 3.82% during the forecast period (2024 - 2032).

Key Automatic Conveyor Market Trends Highlighted

The Automatic Conveyor Market continues to evolve, driven by key market drivers such as the increasing demand for efficient material handling solutions in various industries, including manufacturing, e-commerce, and logistics. The market is also influenced by technological advancements, such as the rise of artificial intelligence (AI) and robotics, which enable conveyor systems to optimize processes and improve productivity. Opportunities for growth in the automatic conveyor market lie in the adoption of innovative technologies that enhance efficiency and reduce downtime. 

Emerging trends include the increasing integration of sensors and IoT (Internet of Things) devices into conveyor systems, allowing for real-time monitoring and predictive maintenance. Additionally, the growing trend towards e-commerce and online retailing has driven the demand for automated conveyor systems that can handle the high volumes and fast-paced nature of order fulfillment.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Automatic Conveyor Market Drivers

• 
  

  Increasing Demand for Efficient Material Handling

  
  

In the Automatic Conveyor Market Industry, a big driver is the growing necessity of efficient and cost-effective material handling solutions, especially in the manufacturing industry, where the use of automated conveyor systems is increasing. It not only enables businesses to speed up production lines but also reduces downtime as well as enhances productivity. Therefore, in the near future, the trend of searching for reliable and efficient conveyors will continue.

Advancements in Technology and Innovation

Increased focus on the development of advanced technologies and systems has been observed among companies in recent years. Such a tendency is caused by the evolving needs and requirements of the global economy and the necessity to address the problem of market saturation. Innovations and improved products facilitate the company's ability to not only meet all necessary demands of consumers but also to overcome multifaceted issues while attracting new clients.

At present, the majority of companies operating in the market pay attention to the development and implementation of new products and technologies and investigate the opportunities they have in terms of automating the production processes. Thus, many enterprises and corporations have introduced Overhead Conveyor Systems that distinguish them from their competitors and help them attract the attention of many customers. Increased efficiency, labor cost savings, reduced terms, and improved quality of services provided are reported to be the main benefits the automatic conveyor system is associated with.

Expansion of E-commerce and Logistics Sector

In the Automatic Conveyor Market Industry, another important driver is the rapid growth of the e-commerce and logistics sector. Active development of delivery services that would be fast and reliable prompted the overflow in the automatic conveyor investment in the distribution centers and warehouses. They help to minimize delays and improve overall customer satisfaction by enhancing order fulfillment efficiency. The e-commerce market continues to grow, which means that the demand for such systems will remain.

Automatic Conveyor Market Segment Insights

Automatic Conveyor Market Conveying Orientation Insights

The Automatic Conveyor Market is segmented by Conveying Orientation into Horizontal, Vertical, Inclined, Curved, and Other. Among these, the segment Horizontal recorded the highest market share in 2023, increasing over 55% of the Automatic Conveyor Market revenue. Horizontal orientation is used to transport and move materials across any flat surface, applicable in any industry. It provides the most efficient logistic-to-application procedure, enabling a high correspondence of transport costs to the finished product. 

The segment Vertical is expected to rise at a rapid growth rate in the period 2021-2028. Such solutions are increasingly used in industries. Fields of applications include the food and beverage industry, the pharmaceutical industry, automotive industry, among others. Within the production area, the fast lifting of the material between the floors is particularly important. Uniqueness is their ability to transport horizontally or diagonally movement in any direction. Together with the list price of carriers, this is the optimal solution in terms of rear floor space utilization and efficiency increases. The former requirement for the correct installation unevenness between the adjusted angles of individual type elements is no more stringent, and elimination is a completely non-standard angular correction of guiding rail guides.

The segment Inclined includes all applications that require transport at an angle. Inclined conveyors are used in the mining, construction, and manufacturing industries. Regarding critical assessment, they significantly improve the efficiency of labor transport compared to manual operations. The most cost-effective use is for the transportation of coarse material; the amount of this material is a significant part of overall transport. Transport systems are particularly suitable for conveying heavy material in the inclined direction. Conveyors are intended for common use in all surface mining, where they are superior to wagon labor. Traction capacity in relation to the weight of the transported material is mostly recovered in combination with partial car engines for braking during descending transportation. All this is an important cost-saving factor. 

The future Automatic Conveyor Market segment Curved is a similarly important component of the Automatic Conveyor Market needs basing on the need to move the material around a curve or otherwise overcome an obstacle. Flexible transport of material with different densities is ensured by a great deal of flexibility and adaptability to the length and type of carriers. Another segment, Other, combines additional specialized types of Automatic Conveyor with respect to the conveyed materials. Globally, demand will primarily satisfy rapid growth in the manufacturing, automotive, and logistics sectors.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Automatic Conveyor Market Conveyor Type Insights

The Automatic Conveyor Market is segmented based on Conveyor Type as Roller Conveyor, Belt Conveyor, Chain Conveyor, Screw Conveyor, and Others. The Belt Conveyor segment dominated the Automatic Conveyor Market in 2023, generating over USD 786.8 million in revenue. 

The Belt Conveyor segment is likely to continue leading throughout the forecast period. Belt conveyors are highly efficient and can handle a variety of materials. As a result, these are increasingly used in mining, manufacturing, and logistics. The Screw Conveyor segment will witness significant growth during the forecast period due to the increasing usage of these conveyor belts in the food processing and construction industries. This segment is likely to generate USD 421.6 million in revenue in 2023 and reach USD 563.6 million by 2032 at a CAGR of 3.2%.

Automatic Conveyor Market Application Insights

The Automatic Conveyor Market is segmented into various applications, including industrial, logistics, food and beverage, pharmaceutical, and others. Among these, the industrial segment is expected to account for the largest share of the market in 2023 and is projected to continue its dominance throughout the forecast period. The growth of the industrial segment can be attributed to the increasing adoption of automation in various industries, such as automotive, manufacturing, and packaging. The logistics sector is also expected to witness significant growth, driven by the rising demand for efficient and cost-effective transportation solutions.

The food and beverage industry is another major application area for automatic conveyors, as they are widely used in food processing and packaging lines. The pharmaceutical industry is also expected to contribute to the growth of the automatic conveyor market, as they are used extensively in the manufacturing and distribution of pharmaceutical products. The 'Other' segment includes applications such as waste management, mining, and agriculture, which are also expected to contribute to the overall growth of the market.

Automatic Conveyor Market Drive Type Insights

The Automatic Conveyor Market is segmented by drive type into electric, hydraulic, pneumatic, and other. Among these, the electric drive type segment is expected to hold the largest market share in 2023 and is projected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing adoption of electric motors in conveyor systems due to their energy efficiency, reliability, and low maintenance requirements. 

The hydraulic drive type segment is anticipated to witness significant growth over the forecast period owing to its ability to provide high torque and precise speed control. The pneumatic drive type segment is expected to hold a smaller market share due to its limited power and speed capabilities. The other drive type segment includes manual and gravity-driven conveyors, which are expected to witness stable growth over the forecast period.

Automatic Conveyor Market Load Capacity Insights

The Automatic Conveyor Market segmentation by Load Capacity offers a comprehensive analysis of the market. The market is segmented into Light Duty (>100 kg), Medium Duty (>500 kg), and Heavy Duty (>2,000 kg) load capacities. In 2023, the light-duty segment held the largest share of the market, accounting for around 55% of the Automatic Conveyor Market revenue. This is attributed to the increasing demand for light-duty conveyors in industries such as food and beverage, packaging, and logistics. The medium-duty segment is expected to witness significant growth over the forecast period, owing to the rising adoption of medium-duty conveyors in manufacturing and assembly lines.

Automatic Conveyor Market Regional Insights

The Automatic Conveyor Market is segmented into North America, Europe, APAC, South America, and MEA. In 2023, North America held the largest market share, followed by Europe and APAC. The market in North America is driven by the increasing demand for automated material handling systems in various industries, such as automotive, food and beverage, and pharmaceuticals. Europe is also a significant market for automatic conveyors due to the presence of a large number of manufacturing facilities. The APAC region is expected to witness the highest growth rate during the forecast period, owing to the rapidly growing manufacturing sector in countries such as China and India. South America and MEA are expected to have a relatively smaller market share but are expected to grow at a steady pace during the forecast period.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Automatic Conveyor Market Key Players And Competitive Insights:

Key players in the Automatic Conveyor Market are dedicated to innovating products and expanding their presence through geographical expansions. Top companies are investing heavily in developing new technologies to cater to the ever-growing demand of consumers. The market situation allows for a wide range of strategies, including cooperation, acquisition, and partnership. By using the mentioned strategy, Automatic Conveyor Market companies expand their product roster and strengthen their position in the market. 

The Automatic Conveyor Market Competitive Landscape is expected to remain intense for the next few years. Daifuku Co., Ltd. Daifuku is considered a key player in the industry due to its global presence and broad range of available products. The company specializes in automated conveyor systems and prides itself on high levels of customer satisfaction achieved through providing the most innovative solutions for customers in any industry. 

The company had numerous successful cooperations with major manufacturing and logistics companies. Daifuku is dedicated to research and development, resulting in its position at the forefront of conveyor technology. Interroll Holding AG Interroll is an automatic conveyor market key player based in Switzerland that is instrumental in the development of conveyor systems. The company specializes in providing high-quality conveyor components and access to conveyors. Such components include conveyor rollers, belts, drives, and controls. According to the developers, they built a global network of sales and service points to provide quick customer service. Interroll is also prized for its dedication to sustainable operations and environmentally friendly solutions.

Key Companies in the Automatic Conveyor Market Include:

• Interroll Holding


• Apeks


• TGW Logistics Group


• KION Group


• Murata Machinery


• Vanderlande


• Knapp AG


• Honeywell Intelligrated


• Swisslog


• Siemens


• Beumer Group


• Hytrol Conveyor Company


• Dematic


• Daifuku Co.


• Bastian Solutions

Automatic Conveyor Market Industry Developments

The Automatic Conveyor Market is projected to grow from an estimated USD 2.22 billion in 2024 to USD 3.11 billion by 2032, exhibiting a CAGR of 3.82% during the forecast period. This growth can be attributed to the rising demand for automation in various industries, increasing e-commerce activities, and the growing adoption of smart manufacturing techniques. 

Recent developments in the market include the launch of innovative conveyor systems with advanced features such as AI-powered controls, predictive maintenance capabilities, and enhanced energy efficiency. Key players in the market are focusing on strategic partnerships and collaborations to expand their product portfolios and gain a competitive edge. Mergers and acquisitions are also being witnessed as companies seek to consolidate their market position and enhance their capabilities.

Automatic Conveyor Market Segmentation Insights

• 
  

  Automatic Conveyor Market Conveying Orientation Outlook

  
  
  
  
  • Horizontal
  
  
  • Vertical
  
  
  • Inclined
  
  
  • Curved
  
  
  • Other
  
  
  
  

• 
  

  Automatic Conveyor Market Conveyor Type Outlook

  
  
  
  
  • Roller Conveyor
  
  
  • Belt Conveyor
  
  
  • Chain Conveyor
  
  
  • Screw Conveyor
  
  
  • Other
  
  
  
  

• 
  

  Automatic Conveyor Market Application Outlook

  
  
  
  
  • Industrial
  
  
  • Logistics
  
  
  • Food and Beverage
  
  
  • Pharmaceutical
  
  
  • Other
  
  
  
  

• 
  

  Automatic Conveyor Market Drive Type Outlook

  
  
  
  
  • Electric
  
  
  • Hydraulic
  
  
  • Pneumatic
  
  
  • Other
  
  
  
  

• 
  

  Automatic Conveyor Market Load Capacity Outlook

  
  
  
  
  • Light Duty (>100 kg)
  
  
  • Medium Duty (>500 kg)
  
  
  • Heavy Duty (>2,000 kg)
  
  
  
  

• 
  

  Automatic Conveyor Market Regional Outlook

  
  
  
  
  • 
    

    North America

    
    
  
  
  • 
    

    Europe

    
    
  
  
  • 
    

    South America

    
    
  
  
  • 
    

    Asia-Pacific

    
    
  
  
  • 
    

    Middle East and Africa