Conveying Equipment Market Size
Market Size in USD Bn
CAGR4.00%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 4.00% |
| Market Concentration | High |
| Major Players | Daifuku Co., Ltd., Siemens AG, Honeywell Intelligrated, TGW Logistics Group, BEUMER Group and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Conveying Equipment Market Analysis
The conveying equipment market is estimated to be valued at USD 54.21 Bn in 2025 and is expected to reach USD 71.34 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.00% from 2025 to 2032. This steady growth of the conveying equipment market can be attributed to factors like increasing automation across industries and rising adoption of advanced conveying technologies that improve efficiency.