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North America Conveyor System Market Size, Share, Growth: By Product Type: Belt, Roller, Pallet, Overhead, Cable, Bucket, Others; By Operation: Manual, Semi-Automatic, Automatic; By End User: Airport, Retail, Automotive, Food and Beverage, Pharmaceuticals, Mining, Others; Regional Analysis; Competitive Landscape; 2024-2032
North America Conveyor System Market Outlook
The North America conveyor system market size is projected to grow at a CAGR of 5.2% between 2024 and 2032.
Key Takeaways
- Rising demand for high throughput and flexible conveyor belts is expected to drive the adoption of portable conveyor belts.
- In May 2022, Fenner Dunlop Conveyor Belting announced the launch of OptimaHeat Xtreme™, their latest conveyor belt designed to withstand high temperatures. The new product merges the durable, patented, super-flexible single ply fabric Nova-Xtreme™ with a novel high-performance covering compound, OptimaHeat, safeguarding the belt structure in the harshest conditions.
- The United States e-commerce sales in 2023 reached an estimated total of $1,118.7 billion, marking a 7.6% rise from the figures recorded in 2022.
Key Trends Propelling the North America Conveyor System Market Growth
Incorporation of Artificial Intelligence: Conveyors enhanced with AI capabilities can refine operations through predictive maintenance, minimise downtime, and boost efficiency. Intelligent conveyors, armed with sensors and AI algorithms, adjust dynamically to fluctuations in production needs, rendering manufacturing or logistics workflows more agile and efficient. Moreover, they utilise real-time data analysis to foresee maintenance requirements and prevent possible disruptions in the production line.
IoT Connectivity for Better Monitoring: The Internet of Things (IoT) is rapidly integrating into industrial environments, including the conveyor sector. IoT-enabled conveyor systems facilitate continuous monitoring and data evaluation, providing a distinct advantage by linking various equipment pieces. This interconnectedness supports predictive maintenance, early identification of potential problems, and energy use optimisation. Businesses can achieve lower operational expenses and heightened productivity via anticipatory, informed decision-making.
Modular and Flexible Conveyor Designs: Conventional conveyor systems frequently fall short in terms of flexibility and adaptability, hindering their ability to adjust to variations in production, manufacturing, or logistics workflows. A notable shift in conveyor design emphasises modularity and adaptability, with manufacturers crafting systems that can be swiftly restructured to address changing demands.
Autonomous and Collaborative Robotic Integration: Combining conveyors with autonomous and collaborative robots, would allow them to undertake more sophisticated operations like sorting, picking, and packaging. This synergy boosts efficiency, cuts down on labour expenses, and introduces innovative opportunities for sectors in need of detailed and accurate goods management. Conveyors paired with robotic technologies can be extensively tailored to suit the robots' requirements, incorporating features such as illuminated sections, precise indexing, and the ability to adjust speeds from very fast to extremely slow to synchronise with robotic actions.
Market Segmentation
North America Conveyor System Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.
Market Breakup by Product Type:
- Belt
- Roller
- Pallet
- Overhead
- Cable
- Bucket
- Others
Market Breakup by Operation:
- Manual
- Semi-Automatic
- Automatic
Market Breakup by End User:
- Airport
- Retail
- Automotive
- Food and Beverage
- Pharmaceuticals
- Mining
- Others
Market Breakup by Country:
- United States of America
- Canada
Competitive Landscape
With the use of strategies including collaborations, acquisitions & mergers, and investments, the market participants aim to increase their market share.
- Hytrol Conveyor Company, Inc.
- Murata Machinery USA, Inc.
- Honeywell International Inc
- Dorner Mfg. Corp.
- Titan Industries Inc.
- Multi-Conveyor, LLC
- Beumer Group
- Bastian Solutions, LLC
- Mecalux, S.A
- KNAPP AG
- Swisslog Holding AG
- Kardex Holding AG
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Operation |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Conveyor System Market Overview
8.1 Key Industry Highlights
8.2 Global Conveyor System Historical Market (2018-2023)
8.3 Global Conveyor System Market Forecast (2024-2032)
8.4 Global Conveyor System Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Conveyor System Market Overview
9.1 Key Industry Highlights
9.2 North America Conveyor System Historical Market (2018-2023)
9.3 North America Conveyor System Market Forecast (2024-2032)
10 North America Conveyor System Market by Product Type
10.1 Belt
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Roller
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Pallet
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Overhead
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Cable
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Bucket
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Others
11 North America Conveyor System Market by Operation
11.1 Manual
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Semi-Automatic
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Automatic
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 North America Conveyor System Market by End User
12.1 Airport
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Retail
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Automotive
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Food and Beverage
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Pharmaceuticals
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Mining
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Others
13 North America Conveyor System Market by Country
13.1 United States of America
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Canada
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Hytrol Conveyor Company, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Murata Machinery USA, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Honeywell International Inc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Dorner Mfg. Corp.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Titan Industries Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Multi-Conveyor, LLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Beumer Group
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Bastian Solutions, LLC
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Mecalux, S.A
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 KNAPP AG
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Swisslog Holding AG
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Kardex Holding AG
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Conveyor System Market: Key Industry Highlights, 2018 and 2032
2. North America Conveyor System Market: Key Industry Highlights, 2018 and 2032
3. North America Conveyor System Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. North America Conveyor System Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. North America Conveyor System Historical Market: Breakup by Operation (USD Million), 2018-2023
6. North America Conveyor System Market Forecast: Breakup by Operation (USD Million), 2024-2032
7. North America Conveyor System Historical Market: Breakup by End User (USD Million), 2018-2023
8. North America Conveyor System Market Forecast: Breakup by End User (USD Million), 2024-2032
9. North America Conveyor System Historical Market: Breakup by Country (USD Million), 2018-2023
10. North America Conveyor System Market Forecast: Breakup by Country (USD Million), 2024-2032
11. North America Conveyor System Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 5.2% between 2024 and 2032.
The various product types include belt, roller, pallet, cable, and bucket.
Conveyors are used by several industries to move their goods. Some of the key industry verticals include automotive, retail, electronic, food processing, aerospace, pharmaceutical, chemical, and packaging.
Increasing retail sales, rising pharmaceutical industry, and technological advancements are fuelling the market growth.
Key trends catalysing the market demand include shift towards sustainable conveyor systems, robotic integration and preference for modular and flexible conveyor designs.
Major countries in the market are the USA and Canada.
Key players in the market are Hytrol Conveyor Company, Inc, Murata Machinery USA, Inc., Honeywell International Inc, Dorner Mfg. Corp., Titan Industries Inc., Multi-Conveyor, LLC, Beumer Group, Bastian Solutions, LLC, Mecalux, S.A, KNAPP AG, Swisslog Holding AG, and Kardex Holding AG, among others.
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