What is Global Intralogistics Conveyor Systems Market?
The Global Intralogistics Conveyor Systems Market is a vast and dynamic sector that plays a crucial role in various industries worldwide. Intralogistics refers to the process of optimizing, integrating, automating, and managing the logistical flow of information and material goods within the walls of a facility. Conveyor systems are an integral part of intralogistics, helping to transport items from one location to another efficiently and effectively. These systems are designed to streamline operations, reduce labor costs, and improve overall productivity. The global market for these systems was valued at a significant US$ 12110 million in 2022. The market is expected to grow steadily, reaching an estimated value of US$ 15330 million by 2029. This growth represents a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period of 2023-2029.
Roller Conveyors, Belt Conveyors, Overhead Conveyors, Pallet Conveyors, Other Conveyors in the Global Intralogistics Conveyor Systems Market:
The Intralogistics Conveyor Systems Market is segmented into various types, including Roller Conveyors, Belt Conveyors, Overhead Conveyors, Pallet Conveyors, and Other Conveyors. Each type has its unique features and applications. Roller Conveyors are widely used for their simplicity and versatility. They are ideal for handling any flat-bottomed objects. Belt Conveyors, on the other hand, are perfect for transporting light and medium weight loads between operations, departments, levels, and buildings. Overhead Conveyors are typically used in industries where the product needs to be hung, such as paint lines. Pallet Conveyors are designed to move pallets and other heavy-duty loads. Lastly, Other Conveyors include a variety of specialized systems designed for specific industry needs.
Automotive, Food & Beverages, Engineering Machinery, Retail, Others in the Global Intralogistics Conveyor Systems Market:
The Global Intralogistics Conveyor Systems Market finds its application in various sectors such as Automotive, Food & Beverages, Engineering Machinery, Retail, and Others. In the automotive industry, these systems are used for assembly line operations, parts delivery, and various other applications. In the food and beverages sector, conveyor systems are used for packaging, bottling, and other processes. The engineering machinery industry uses these systems for the production and assembly of machinery. In the retail sector, conveyor systems are used in warehouses for sorting, packing, and dispatching goods. Other industries also utilize these systems for various intralogistics processes.
Global Intralogistics Conveyor Systems Market Outlook:
The market outlook for the Global Intralogistics Conveyor Systems Market is promising. In 2022, the market was valued at US$ 12110 million and is projected to reach US$ 15330 million by 2029, growing at a CAGR of 4.0% during the forecast period 2023-2029. The top five manufacturers held approximately 31% of the market share in 2019. The report data indicates that the retail sector accounted for about 34% of the conveyor systems market demand in 2019, followed by the food & beverages sector at 19%, the automotive sector at 15%, and the engineering machinery sector at 16%. These figures highlight the significant role of conveyor systems in various industries and their potential for growth in the coming years.
| Report Metric | Details |
| Report Name | Intralogistics Conveyor Systems Market |
| Accounted market size in 2022 | US$ 12110 in million |
| Forecasted market size in 2029 | US$ 15330 million |
| CAGR | 4.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Daifuku, Ssi Schaefer, Bosch Rexroth, Murata Machinery, Dematic Group, Vanderlande, Fives Group, Swisslog, Siemens, BEUMER Group, Shuttleworth, Honeywell Intelligrated Inc., Interroll, Buhler Group, Flexlink, Hytrol, Taikisha, Mahindra Tsubaki Conveyor Systems |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
