Asia-Pacific Conveyor Market Research Report, 2029
The Asia-Pacific Conveyor Market is segmented into By Industry (Automotive & Transportation, Food & Beverage, Chemical & Pharmaceutical, Construction & Mining, Consumer Electronics and Others), By Type (Belt, Roller, Overhead and Others), By Operation (Manual, Semi-automatic and Automatic) and By Load (Bulk and Unit).
- Actual Market Research
- 02-10-2024
- Pages : 100
- Figures : 14
- Tables : 33
- Region : Asia-Pacific
- Category : Manufacturing & Industry
- Machinery, Parts & Equipment
The Asia-Pacific conveyor system market is set to grow at more than 6.58% CAGR from 2024 to 2029, driven by expanding e-commerce and logistics operations.
- Historical Period2018-2022
- Base Year2023
- Forecast Period2024-2029
- CAGR (2024-2029) 0.0658%
- Largest MarketChina
- Fastest Market India
- Format
Featured Companies
- 1. Siemens AG
- 2. KUKA AG
- 3. Cognex Corporation
- 4. Tata Elxsi Ltd.
- 5. Intralox, LLC
- More...
Conveyor Market Analysis
The Asia Pacific conveyor system market has grown significantly, owing to industrialisation, industry improvements, and the rise of e-commerce. Conveyor systems, which move goods along a production line, have become essential in industries such as automotive, retail, food and beverage, and warehousing. This expansion has been fuelled by a variety of economic, technological, and logistical factors, positioning the Asia Pacific region as a significant player in the worldwide conveyor system market. The Asia Pacific conveyor system market may be traced back to significant economies like as Japan and South Korea, which experienced industrial revolutions. Conveyor systems were originally used mostly in heavy sectors, such as car production and mining. Conveyor systems became increasingly popular as countries such as China, India, and Southeast Asia industrialised. Manufacturing operations expanded to meet global demand, and conveyor systems became critical to ensuring production efficiency and scalability. Automation became a driving force behind market expansion in the late twentieth and early twenty-first centuries, as businesses sought to streamline manufacturing processes and lower labour costs. Conveyor systems are becoming more linked with robotics and automation technology. This advancement is particularly widespread in the e-commerce and automobile industries, where speedier processing times are critical. Automated guided vehicles (AGVs) and smart conveyors that can efficiently transport products are currently in high demand. According to the research report "Asia Pacific Conveyor System Market Research Report, 2029," published by Actual Market Research, the Asia Pacific conveyor system market is anticipated to grow at more than 6.58% CAGR from 2024 to 2029. Asia Pacific, led by China, Japan, and South Korea, is a significant exporter and buyer of conveyor systems. China, famed for its cost-effective manufacturing, sends a large number of conveyor systems to developing countries in Southeast Asia, Africa, and Latin America. Japan and South Korea export advanced and high-tech conveyor solutions to the worldwide market, mostly to Europe and North America. On the import side, Asia Pacific countries buy specialised conveyor systems from Europe and North America, particularly those employed in highly automated and sophisticated industries like pharmaceutical and electronics manufacture. Schenck Process, which is well-known for its material handling systems, provides conveyor belts and automated solutions to a wide range of industries. BEUMER is a major supplier of intralogistics solutions with a rising position in the Asia Pacific market. The corporation is a significant provider to the food, retail, and parcel distribution industries. Local suppliers in China, India, and Southeast Asia also play an important role in offering low-cost solutions for small and medium-sized firms. These local providers typically focus on basic conveyor systems and serve the industrial and packaging industries. Daifuku, one of the major manufacturers of material handling systems, has a strong presence throughout Asia Pacific. The company is well-known for its sophisticated conveyor solutions designed specifically for the e-commerce, automotive, and logistics industries. Murata, another significant player from Japan, specialises in innovative conveyor systems for warehouses and manufacturing.
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Download SampleMarket Dynamic
Market Drivers • Focus on improving warehouse efficiency: Companies are increasingly using conveyor systems that link with warehouse management systems (WMS) and automated storage and retrieval systems (ASRS) in order to improve warehouse management and minimise operational expenses. • Government Initiatives and Infrastructure Development: Governments in Asia Pacific are increasing their investment in infrastructure projects such as logistics hubs, smart cities, and industrial corridors, all of which require contemporary material handling systems. These initiatives are driving the conveyor system market in the region. Market Challenges • Complexities of System Integration: Integrating conveyor systems with other automated technologies like AGVs (Automated Guided Vehicles), IoT sensors, and robotic arms can be difficult and may necessitate specialised technical knowledge. This difficulty is magnified in industries where real-time monitoring and data integration are essential. • Maintenance and downtime issues: Conveyor systems are susceptible to wear and tear, particularly in industries with heavy-duty applications such as mining and manufacturing. Frequent maintenance and system downtime can cause disruptions in production and logistics, reducing overall efficiency. Market Trends • Sustainable and Energy-Efficient Systems: Increasing environmental restrictions and sustainability goals in Asia Pacific are pushing up demand for energy-efficient conveyor systems. Companies are investing in conveyors that use less energy and are constructed from environmentally friendly materials. • Increased emphasis on safety and ergonomics: Conveyor systems are currently being developed with enhanced safety features such as sensors, automated shutdown capabilities, and ergonomic improvements. The emphasis on worker safety is especially visible in the industrial and logistics industries, where conveyor-related accidents have long been a source of worry.
Conveyor Segmentation
| By Industry | Automotive & Transportation | |
| Food & Beverage | ||
| Chemical & Pharmaceutical | ||
| Construction & Mining | ||
| Consumer Electronics | ||
| Others | ||
| By Type | Belt | |
| Roller | ||
| Pallet | ||
| Overhead | ||
| Others | ||
| By Operation | Manual | |
| Semi-automatic | ||
| Automatic | ||
| By Load | Bulk | |
| Unit | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
The automotive & transportation industry is the primary driver of the conveyor system market in the Asia Pacific region. This dominance arises from the high level of automation necessary in car manufacture, where conveyor systems are critical for efficient assembly lines, material handling, and production processes. Major car manufacturers in China, Japan, and South Korea rely significantly on modern conveyor systems to increase efficiency, cut labour costs, and ensure constant production quality. Conveyor systems have become increasingly important in the automobile industry as demand for electric vehicles (EVs) has increased, necessitating accurate and scalable production procedures. Also, firms are implementing modular and flexible conveyor systems to handle changes in vehicle models and parts, making the automotive industry the major consumer of conveyor systems in the region. Daifuku is a large Japanese firm that specialises in automated material handling systems, such as conveyor systems. It services Asia's leading car manufacturers. Murata, a key Japanese manufacturer, offers customised conveyor solutions to the automotive, electronics, and logistics industries. SSI Schaefer, a German firm with a strong presence in the Asia Pacific area, provides conveyor systems to the automotive and other industries, mainly in China and Southeast Asia. Siemens, known for its innovative automation technology, provides automobile manufacturers with integrated conveyor systems to help them create smart production lines. Belt conveyors are the most common form of conveyor system in the Asia Pacific region. Their ubiquitous use in a variety of industries, including automotive, food and beverage, and consumer electronics, makes them the most common type. Belt conveyors are popular because of their versatility, low cost, and ability to efficiently carry a wide range of commodities across great distances. They are widely employed in assembly lines, manufacturing factories, and distribution centres to transport lightweight to heavy goods. Belt conveyors are used extensively in the automotive and food and beverage industries to expedite operations and move products and materials through various stages of manufacturing with precision. Belt conveyors have become indispensable in e-commerce and warehouse logistics, allowing for speedier order fulfilment through sorting, picking, and packing. Belt conveyors' capacity to scale and adapt to industry-specific requirements strengthens their position as the region's leader. Daifuku, a global leader in material handling systems, provides a variety of belt conveyor solutions, mostly for the automotive and electronics industries. Its prominence in Japan and throughout the region originates from its innovation in automated material handling systems. Mitsubishi Electric is a significant supplier of belt conveyor systems, with applications in industries such as food and beverage and logistics. Their expertise on merging automation and IoT with belt conveyors positions them as a vital contender. Interroll, known for its high-performance belt conveyor systems, serves a diverse range of industries throughout Asia, including e-commerce and manufacturing. The company focusses on energy-efficient and adaptable solutions that appeal to the region's different sectors. Automatic conveyor systems dominate the Asia Pacific conveyor system market, owing to the region's emphasis on industrial automation and the implementation of Industry 4.0 techniques. Automotive, e-commerce, food and beverage, and electronics industries are increasingly relying on fully automated conveyor systems to boost production, lower labour costs, and increase operational efficiency. Automatic systems integrate seamlessly with other technologies such as robotics, IoT, and artificial intelligence (AI), helping to optimise production lines and warehouse operations with minimal human interaction. The demand for automated systems is especially great in nations such as China, Japan, and South Korea, where production is shifting to smart factories. Automated conveyor systems offer real-time monitoring, predictive maintenance, and high throughput, making them essential in high-speed industrial applications. Also, the rise of e-commerce in Asia Pacific has resulted in an increase in automated sorting and distribution centres, accelerating the growth of automatic conveyors. Daifuku is a global leader in automated material handling solutions, providing highly innovative automatic conveyor systems to industries such as automotive and electronics. Their solutions combine robotics and IoT, making them a major player in the Asia Pacific region. SSI Schaefer, known for its warehouse automation expertise, provides fully automated conveyor systems for the logistics and e-commerce sectors. Their solutions are focused on smart automation, which helps firms optimise warehouse management. Murata specialises in automated conveyor systems and offers solutions for high-demand industries such as automotive and logistics. Their automation solutions are widely used throughout the region to increase industrial efficiency. In the Asia Pacific conveyor system market, unit load conveyor systems outperform bulk load systems. Unit load conveyors are designed to handle discrete items or packages, such as pallets, boxes, and merchandise, making them vital in industries that require precision handling and sorting. The region's growing e-commerce, warehousing, and automobile manufacturing sectors have increased demand for unit load systems, since these industries prioritise the efficient transportation of individual items through production, packaging, and distribution processes. The rise of e-commerce and a greater emphasis on logistics and supply chain efficiency, particularly in China, Japan, and South Korea, have fuelled demand for unit load conveyor systems. These systems are essential in order fulfilment centres because they allow for quick product sorting, packing, and delivery. Interroll specialises in modular unit load conveyors for industries such as logistics and food & beverage. Their energy-efficient solutions are widely used throughout the region, especially in high-demand industries such as e-commerce and distribution. Mitsubishi delivers innovative unit load conveyor systems that integrate seamlessly with automation and smart technology. Their solutions are widely used in logistics and manufacturing, especially in Japan and South Korea. Daifuku is a leading provider of unit load conveyor systems, serving key industries such as automotive and e-commerce. Their expertise in material handling automation positions them as a vital player, providing personalised solutions to improve operational efficiency.
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Conveyor Market Regional Insights
China dominates the Asia Pacific conveyor system market, owing to its vast industrial base, rapid infrastructure development, and continued push for automation and smart manufacturing. As the world's largest industrial hub, China is home to a varied range of industries, including automotive, electronics, e-commerce, food and beverage, and logistics, all of which rely heavily on conveyor systems. The country's Belt and Road Initiative (BRI) has also boosted infrastructure projects, increasing demand for conveyor systems in the construction and mining industries.The automotive sector, one of the world's largest, relies significantly on modern conveyor systems for automated production lines, making China an important market for these systems. Also, the advent of e-commerce behemoths like Alibaba and JD.com has increased demand for automated logistics and warehouse management systems, in which conveyors are essential for sorting, handling, and packaging. China's leadership in the adoption of Industry 4.0 methods strengthens its market position. Many factories and industrial facilities in China are transitioning to smart factories, which combine modern conveyor systems with automation, robots, IoT, and AI. This trend is especially obvious in industries such as electronics manufacturing and shipping, where precision and efficiency are crucial. China's supremacy in global manufacturing creates a significant demand for conveyors in a variety of industries. The fast rise of e-commerce logistics necessitates automated conveyor solutions.China's vigorous push for automation and smart manufacturing enhances the use of modern conveyor systems. Massive infrastructure investments in construction and mining are driving the conveyor system industry.
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Key Development
• In 2011, Daifuku, a major producer of material handling systems, launched a new production plant in China to address the growing demand for conveyor systems in the Asia Pacific area. • In 2012, Dematic, a global supplier of integrated automated technology, established a regional headquarters in Singapore to service the Asia Pacific market and push conveyor system innovation. • In 2014, Honeywell offered advanced conveyor solutions in China, including automated sortation and high-speed conveyor systems, to fulfil the needs of the e-commerce and logistics industries. • In 2020, Geek+, a prominent provider of smart logistics solutions, introduced new conveyor systems designed specifically for the e-commerce business, with high-speed sortation and automated warehousing capabilities.
Companies Mentioned
- Siemens AG
- KUKA AG
- Cognex Corporation
- Tata Elxsi Ltd.
- Intralox, LLC
- Vanderlande Industries B.V.
- Kardex
- Mecalux SA
- Knapp AG
- Hytrol Conveyor Company, Inc.
- SSI Schafer AG
- CITConveyors
Table of Contents
- 1. Executive Summary
- 2. Research Methodology
- 2.1. Secondary Research
- 2.2. Primary Data Collection
- 2.3. Market Formation & Validation
- 2.4. Report Writing, Quality Check & Delivery
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Assumptions
- 3.3. Limitations
- 3.4. Abbreviations
- 3.5. Sources
- 3.6. Definitions
- 4. Economic /Demographic Snapshot
- 5. Global Conveyor System Market Outlook
- 5.1. Market Size By Value
- 5.2. Market Share By Region
- 5.3. Market Size and Forecast, By Industry
- 5.4. Market Size and Forecast, By Type
- 5.5. Market Size and Forecast, By Operation
- 5.6. Market Size and Forecast, By Load
- 6. Asia-Pacific Conveyor System Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Country
- 6.3. Market Size and Forecast, By Industry
- 6.4. Market Size and Forecast, By Type
- 6.5. Market Size and Forecast, By Operation
- 6.6. Market Size and Forecast, By Load
- 7. Market Dynamics
- 7.1. Market Drivers & Opportunities
- 7.2. Market Restraints & Challenges
- 7.3. Market Trends
- 7.3.1. XXXX
- 7.3.2. XXXX
- 7.3.3. XXXX
- 7.3.4. XXXX
- 7.3.5. XXXX
- 7.4. Covid-19 Effect
- 7.5. Supply chain Analysis
- 7.6. Policy & Regulatory Framework
- 7.7. Industry Experts Views
- 7.8. China Conveyor System Market Outlook
- 7.8.1. Market Size By Value
- 7.8.2. Market Size and Forecast By Industry
- 7.8.3. Market Size and Forecast By Type
- 7.8.4. Market Size and Forecast By Operation
- 7.8.5. Market Size and Forecast By Load
- 7.9. Japan Conveyor System Market Outlook
- 7.9.1. Market Size By Value
- 7.9.2. Market Size and Forecast By Industry
- 7.9.3. Market Size and Forecast By Type
- 7.9.4. Market Size and Forecast By Operation
- 7.9.5. Market Size and Forecast By Load
- 7.10. India Conveyor System Market Outlook
- 7.10.1. Market Size By Value
- 7.10.2. Market Size and Forecast By Industry
- 7.10.3. Market Size and Forecast By Type
- 7.10.4. Market Size and Forecast By Operation
- 7.10.5. Market Size and Forecast By Load
- 7.11. Australia Conveyor System Market Outlook
- 7.11.1. Market Size By Value
- 7.11.2. Market Size and Forecast By Industry
- 7.11.3. Market Size and Forecast By Type
- 7.11.4. Market Size and Forecast By Operation
- 7.11.5. Market Size and Forecast By Load
- 7.12. South Korea Conveyor System Market Outlook
- 7.12.1. Market Size By Value
- 7.12.2. Market Size and Forecast By Industry
- 7.12.3. Market Size and Forecast By Type
- 7.12.4. Market Size and Forecast By Operation
- 7.12.5. Market Size and Forecast By Load
- 8. Competitive Landscape
- 8.1. Competitive Dashboard
- 8.2. Business Strategies Adopted by Key Players
- 8.3. Key Players Market Positioning Matrix
- 8.4. Porter's Five Forces
- 8.5. Company Profile
- 8.5.1. CITConveyors
- 8.5.1.1. Company Snapshot
- 8.5.1.2. Company Overview
- 8.5.1.3. Financial Highlights
- 8.5.1.4. Geographic Insights
- 8.5.1.5. Business Segment & Performance
- 8.5.1.6. Product Portfolio
- 8.5.1.7. Key Executives
- 8.5.1.8. Strategic Moves & Developments
- 8.5.2. Siemens AG
- 8.5.3. Daifuku Co., Ltd.
- 8.5.4. Taikisha Global Limited
- 8.5.5. KUKA AG
- 8.5.6. Fives-Lille
- 8.5.7. Interroll Holding AG
- 8.5.8. Continental AG
- 8.5.9. Beumer Group GmbH & Co. KG
- 8.5.10. Kion Group AG
- 8.5.11. ATS Corporation
- 8.5.12. Intralox, LLC
- 9. Strategic Recommendations
- 10. Annexure
- 10.1. FAQ`s
- 10.2. Notes
- 10.3. Related Reports
- 11. Disclaimer
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Conveyor System Market Size and Forecast, By Industry (2019 to 2029F) (In USD Billion)
Table 6: Global Conveyor System Market Size and Forecast, By Type (2019 to 2029F) (In USD Billion)
Table 7: Global Conveyor System Market Size and Forecast, By Operation (2019 to 2029F) (In USD Billion)
Table 8: Global Conveyor System Market Size and Forecast, By Load (2019 to 2029F) (In USD Billion)
Table 9: Asia-Pacific Conveyor System Market Size and Forecast, By Industry (2019 to 2029F) (In USD Billion)
Table 10: Asia-Pacific Conveyor System Market Size and Forecast, By Type (2019 to 2029F) (In USD Billion)
Table 11: Asia-Pacific Conveyor System Market Size and Forecast, By Operation (2019 to 2029F) (In USD Billion)
Table 12: Asia-Pacific Conveyor System Market Size and Forecast, By Load (2019 to 2029F) (In USD Billion)
Table 13: Influencing Factors for Conveyor System Market, 2023
Table 14: China Conveyor System Market Size and Forecast By Industry (2019 to 2029F) (In USD Billion)
Table 15: China Conveyor System Market Size and Forecast By Type (2019 to 2029F) (In USD Billion)
Table 16: China Conveyor System Market Size and Forecast By Operation (2019 to 2029F) (In USD Billion)
Table 17: China Conveyor System Market Size and Forecast By Load (2019 to 2029F) (In USD Billion)
Table 18: Japan Conveyor System Market Size and Forecast By Industry (2019 to 2029F) (In USD Billion)
Table 19: Japan Conveyor System Market Size and Forecast By Type (2019 to 2029F) (In USD Billion)
Table 20: Japan Conveyor System Market Size and Forecast By Operation (2019 to 2029F) (In USD Billion)
Table 21: Japan Conveyor System Market Size and Forecast By Load (2019 to 2029F) (In USD Billion)
Table 22: India Conveyor System Market Size and Forecast By Industry (2019 to 2029F) (In USD Billion)
Table 23: India Conveyor System Market Size and Forecast By Type (2019 to 2029F) (In USD Billion)
Table 24: India Conveyor System Market Size and Forecast By Operation (2019 to 2029F) (In USD Billion)
Table 25: India Conveyor System Market Size and Forecast By Load (2019 to 2029F) (In USD Billion)
Table 26: Australia Conveyor System Market Size and Forecast By Industry (2019 to 2029F) (In USD Billion)
Table 27: Australia Conveyor System Market Size and Forecast By Type (2019 to 2029F) (In USD Billion)
Table 28: Australia Conveyor System Market Size and Forecast By Operation (2019 to 2029F) (In USD Billion)
Table 29: Australia Conveyor System Market Size and Forecast By Load (2019 to 2029F) (In USD Billion)
Table 30: South Korea Conveyor System Market Size and Forecast By Industry (2019 to 2029F) (In USD Billion)
Table 31: South Korea Conveyor System Market Size and Forecast By Type (2019 to 2029F) (In USD Billion)
Table 32: South Korea Conveyor System Market Size and Forecast By Operation (2019 to 2029F) (In USD Billion)
Table 33: South Korea Conveyor System Market Size and Forecast By Load (2019 to 2029F) (In USD Billion)
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Conveyor System Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 5: Global Conveyor System Market Share By Region (2023)
Figure 6: Asia-Pacific Conveyor System Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 7: Asia-Pacific Conveyor System Market Share By Country (2023)
Figure 8: China Conveyor System Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 9: Japan Conveyor System Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 10: India Conveyor System Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 11: Australia Conveyor System Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 12: South Korea Conveyor System Market Size By Value (2019, 2023 & 2029F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2023
Figure 14: Porter's Five Forces of Global Conveyor System Market
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