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North America Conveyor Belt Market By Type (Crescent, Floor, Overhead, Pallet, Roller); By Belt Type (Heavy-Weight, Medium-Weight, Lightweight); By Material (Polymers, Metals); By Installation (Stationary, Portable); By End User (Automotive, Retail, Industrial, Poultry & Dairy, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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Published: | Report ID: 42893 | Report Format : PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2019-2022
Base Year 2023
Forecast Period 2024-2032
North America Conveyor Belt Market Size 2023 USD 7,368.67 million
North America Conveyor Belt Market, CAGR 4.50%
North America Conveyor Belt Market Size 2032 USD 11,001.20 million

Market Overview

The North America conveyor belt market is projected to grow from USD 7,368.67 million in 2023 to an estimated USD 11,001.20 million by 2032, with a compound annual growth rate (CAGR) of 4.50% from 2024 to 2032. This robust growth is driven by the increasing adoption of automation in various industries, including manufacturing, food and beverage, and mining.

Market drivers and trends include the growing emphasis on industrial automation and the expansion of the e-commerce sector, which necessitates the need for advanced conveyor belt systems. Additionally, technological advancements, such as the integration of IoT and AI in conveyor systems, are further propelling market growth. These innovations facilitate predictive maintenance and improve overall system efficiency, making them highly attractive to end-users.

Geographically, the United States dominates the North America conveyor belt market, accounting for the largest market share due to its well-established industrial base and continuous investments in automation technologies. Canada is also witnessing significant growth, supported by its expanding mining and manufacturing sectors. Key players in the market include Fenner Dunlop, ContiTech AG, and Bridgestone Corporation, who are focusing on strategic collaborations, product innovations, and expansions to strengthen their market positions and meet the evolving demands of the industry.

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Market Drivers

Increasing Industrial Automation

The drive towards industrial automation is one of the primary factors propelling the North America conveyor belt market. For instance, companies like FANUC America are providing automation solutions that redefine productivity. As industries aim to enhance productivity and efficiency, the adoption of automated systems is becoming increasingly crucial. Conveyor belts play a vital role in these automated setups, providing seamless material handling solutions across various stages of production and logistics. By minimizing human intervention, these systems reduce the risk of errors and accidents, leading to significant cost savings and improved operational efficiency. Automation is particularly prevalent in the manufacturing sector, where conveyor belts are integral to assembly lines, packaging, and distribution processes. Advanced conveyor systems equipped with sensors and control technologies enable precise and efficient movement of goods, reducing downtime and optimizing production flows. Moreover, the increasing complexity of modern manufacturing processes necessitates the use of sophisticated conveyor systems that can handle diverse materials and adapt to varying production requirements. This demand for flexibility and efficiency continues to drive the growth of the conveyor belt market in North America.

Expansion of the E-commerce Sector

The rapid expansion of the e-commerce sector in North America has significantly influenced the conveyor belt market. The rise of online shopping has led to an increased need for efficient warehousing and logistics solutions to handle the growing volume of orders. Conveyor belts are essential in automated sorting and distribution centers, where they facilitate the swift and accurate movement of goods from storage to shipment. E-commerce giants such as Amazon, Walmart, and others are continuously investing in state-of-the-art conveyor systems to enhance their logistics capabilities. These investments are aimed at reducing delivery times, minimizing errors, and improving overall customer satisfaction. The conveyor belts used in these facilities are designed to handle a wide range of products, from small packages to large parcels, ensuring efficient order fulfillment. As the e-commerce industry continues to expand, the demand for advanced conveyor belt systems is expected to rise, driving market growth.

Technological Advancements in Conveyor Systems

Technological advancements are playing a pivotal role in shaping the North America conveyor belt market. The integration of Internet of Things (IoT), Artificial Intelligence (AI), and advanced sensor technologies into conveyor systems has revolutionized the way material handling processes are managed. These innovations enable real-time monitoring, predictive maintenance, and enhanced system control, leading to increased efficiency and reduced operational costs. For instance, AI-powered conveyor systems can optimize processes by predicting maintenance needs, reducing downtime, and improving overall efficiency. IoT-enabled conveyor belts provide valuable data on system performance, wear and tear, and operational bottlenecks. This data allows for proactive maintenance and timely interventions, preventing costly downtimes and extending the lifespan of the equipment. AI-powered systems can analyze this data to optimize conveyor operations, predict failures, and recommend maintenance schedules, ensuring smooth and uninterrupted production processes. Additionally, advancements in materials and design have led to the development of more durable and energy-efficient conveyor belts, further driving market growth.

Growth in the Mining and Construction Sectors

The mining and construction sectors are significant contributors to the North America conveyor belt market. Conveyor belts are extensively used in mining operations to transport raw materials such as coal, ores, and aggregates from extraction sites to processing facilities. The demand for conveyor belts in the mining industry is driven by the need for efficient material handling solutions that can operate in harsh and demanding environments. In the construction sector, conveyor belts are utilized for the transportation of construction materials, including sand, gravel, cement, and asphalt. The growth of infrastructure projects and urban development initiatives across North America has led to increased construction activities, boosting the demand for conveyor belt systems. These belts enhance the efficiency of material handling processes on construction sites, reducing labor costs and improving project timelines. Furthermore, the trend towards sustainable and eco-friendly construction practices is driving the adoption of energy-efficient conveyor systems. Manufacturers are focusing on developing conveyor belts with low energy consumption and reduced environmental impact, aligning with the sustainability goals of the construction industry. This shift towards green technologies is expected to create new opportunities for the conveyor belt market in the region.

Market Trends

Integration of Smart Technologies

A prominent trend in the North America conveyor belt market is the integration of smart technologies, including Internet of Things (IoT), Artificial Intelligence (AI), and advanced sensors. These innovations are transforming traditional conveyor systems into intelligent, interconnected units capable of real-time monitoring and self-diagnosis. For instance, companies like FANUC America are providing automation solutions that redefine productivity.  IoT-enabled conveyor belts gather data on various operational parameters such as speed, load, and temperature, which are then analyzed to optimize performance and predict maintenance needs. This predictive maintenance capability helps in minimizing downtime and reducing maintenance costs by addressing potential issues before they escalate into significant problems. AI-driven systems further enhance the efficiency of conveyor belts by analyzing collected data to optimize routing, sorting, and overall workflow. For instance, AI algorithms can predict the best times for maintenance based on usage patterns and wear indicators, ensuring that the conveyor systems operate at peak efficiency with minimal interruptions. Additionally, the use of advanced sensors enables the detection of anomalies in real-time, allowing for immediate corrective actions. This technological advancement not only boosts productivity but also extends the lifespan of conveyor systems, providing a significant return on investment for businesses.

Emphasis on Sustainability and Energy Efficiency

Another critical trend in the North America conveyor belt market is the growing emphasis on sustainability and energy efficiency. As environmental concerns rise and regulations become stricter, companies are increasingly adopting eco-friendly practices and technologies. Conveyor belt manufacturers are responding to this demand by developing energy-efficient products that reduce power consumption and minimize environmental impact.  For instance, Dorner is leading the way in energy efficiency by incorporating cutting-edge technologies that focus on energy efficiency without compromising performance. Innovations in material science have led to the creation of lighter, yet more durable, conveyor belts that require less energy to operate. Additionally, the incorporation of energy-efficient motors and variable speed drives allows for better control of energy usage, adapting to the load and operational requirements dynamically. These advancements not only help in reducing the carbon footprint of industrial operations but also result in significant cost savings on energy bills.

Furthermore, the trend towards recycling and reusing materials is becoming more prevalent. Manufacturers are now focusing on producing conveyor belts from recycled materials without compromising on quality and performance. This approach aligns with the broader sustainability goals of many industries, contributing to a circular economy and reducing waste.

Market Restraints and Challenges

High Initial Investment and Maintenance Costs

One of the primary restraints in the North America conveyor belt market is the high initial investment and ongoing maintenance costs associated with advanced conveyor systems. Implementing state-of-the-art conveyor technology, such as IoT-enabled and AI-driven systems, requires substantial capital expenditure. This includes the costs of acquiring sophisticated hardware, integrating software solutions, and setting up the necessary infrastructure. For small and medium-sized enterprises (SMEs), these costs can be prohibitive, limiting their ability to adopt advanced conveyor technologies. Moreover, maintaining these advanced systems involves continuous monitoring, regular maintenance, and occasional upgrades to ensure optimal performance. The complexity of these systems often necessitates skilled technicians for maintenance, adding to the operational expenses. Downtime during maintenance or unexpected breakdowns can further escalate costs and disrupt production schedules. These financial challenges can deter businesses from investing in modern conveyor systems, thereby restraining market growth.

Fluctuating Raw Material Prices and Supply Chain Disruptions

The conveyor belt market is significantly impacted by the fluctuating prices of raw materials such as rubber, metal, and synthetic polymers. Volatility in raw material prices can be attributed to various factors, including changes in global supply and demand, geopolitical tensions, and economic instability. These price fluctuations directly affect the production costs of conveyor belts, making it challenging for manufacturers to maintain stable pricing structures and profitability. Additionally, supply chain disruptions pose a significant challenge to the conveyor belt market. Events such as natural disasters, political unrest, or pandemics can lead to shortages of critical raw materials, delays in production, and increased transportation costs. The recent COVID-19 pandemic, for instance, has highlighted the vulnerability of global supply chains, causing substantial disruptions in the availability of raw materials and components. These supply chain issues can result in longer lead times, higher costs, and potential delays in project completion for end-users, thereby affecting the market’s overall growth.

Market Segmentation Analysis

By Type

Crescent conveyor belts are designed for smooth and efficient handling of granular and fine materials, primarily used in food processing and packaging industries for gentle product handling. Floor conveyor belts enhance productivity and reduce manual labor in warehousing and distribution centers by facilitating efficient movement across flat surfaces. Overhead conveyor belts, ideal for limited floor space applications, are commonly used in automotive manufacturing and assembly lines for efficient material transport and space optimization. Pallet conveyor belts, robust systems for heavy loads, are extensively utilized in automotive and heavy manufacturing industries for transporting large, bulky items. Roller conveyor belts, versatile and suitable for various industries including retail and e-commerce, provide flexibility and efficiency in handling items of different sizes and weights.

By Belt Type

Heavy-weight conveyor belts are designed for demanding applications, such as transporting heavy materials like coal, ores, and aggregates, making them ideal for mining and heavy industrial sectors. Medium-weight conveyor belts are suitable for industries requiring moderate load handling capabilities, including manufacturing, packaging, and distribution. Lightweight conveyor belts cater to high-speed and light-duty material handling needs, commonly used in food processing, pharmaceuticals, and electronics industries.

Segments

Based on Type

  • Crescent
  • Floor
  • Overhead
  • Pallet
  • Roller

Based on Belt Type

  • Heavy-Weight
  • Medium-Weight
  • Lightweight

Based on Material

  • Polymers
  • Metals

Based on Installation

  • Stationary
  • Portable

Based on End User

  • Automotive
  • Retail
  • Industrial
  • Poultry & Dairy
  • Others

Based on Region

  • United States
  • Canada
  • Mexico

Regional Analysis

United States (60%):

The United States dominates the North America conveyor belt market, holding an estimated 60% market share. This dominance is attributed to the country’s well-established industrial sector, which includes automotive, manufacturing, food processing, and e-commerce industries. The increasing adoption of automation and advanced material handling systems in these industries drives the demand for conveyor belts. The United States is a hub for technological innovation, and the integration of IoT and AI in conveyor systems is significantly advancing the market. Furthermore, the presence of major conveyor belt manufacturers and a robust supply chain infrastructure contribute to the market’s growth. The U.S. market is also supported by substantial investments in industrial modernization and the expansion of warehousing and logistics facilities, particularly driven by the booming e-commerce sector.

Canada (25%):

Canada accounts for approximately 25% of the North America conveyor belt market. The country’s market growth is propelled by its expanding mining and manufacturing sectors. Canada is rich in natural resources, and the mining industry extensively utilizes conveyor belts for efficient material transport. Additionally, the manufacturing sector, which includes automotive and food processing industries, is increasingly adopting advanced conveyor systems to enhance productivity and operational efficiency. The Canadian government’s focus on industrial innovation and sustainability also promotes the adoption of energy-efficient conveyor belts. Despite the smaller market size compared to the United States, Canada’s emphasis on technological advancements and sustainable practices positions it as a significant player in the regional market.

Mexico (15%):

Mexico holds around 15% of the North America conveyor belt market. The country’s market is driven by the growing industrial activities, particularly in the automotive and manufacturing sectors. Mexico’s strategic location and trade agreements, such as the United States-Mexico-Canada Agreement (USMCA), facilitate industrial growth and cross-border trade, boosting the demand for efficient material handling systems. The automotive industry, a key pillar of Mexico’s economy, relies heavily on conveyor belts for assembly lines and parts handling. Additionally, the country’s focus on improving infrastructure and industrial capabilities supports the growth of the conveyor belt market. However, challenges such as economic fluctuations and supply chain disruptions can impact the market’s expansion.

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Key players

  • Daifuku Co. Ltd
  • Schaefer Systems International, Inc.
  • Murata Machinery USA, Inc.
  • Honeywell Intelligrated Inc.
  • Dorner Mfg. Corp.
  • BEUMER Corporation
  • Bastian Solutions, Inc.
  • Interlake Mecalux (Mecalux, S.A.)
  • KNAPP Inc.
  • Swisslog Logistics Inc.
  • Kardex Remstar, LLC
  • Viastore Systems Inc.
  • Hytrol Conveyor Co. Inc.
  • Material Handling Systems Inc.
  • Precision Inc.

Competitive Analysis

The North America conveyor belt market is highly competitive, with numerous key players vying for market share. Companies like Daifuku Co. Ltd and Honeywell Intelligrated Inc. lead the market with their extensive product portfolios and advanced technological solutions. These companies leverage their strong R&D capabilities to introduce innovative conveyor systems that integrate IoT and AI for enhanced efficiency and automation. Schaefer Systems International, Inc. and Murata Machinery USA, Inc. also hold significant market positions, focusing on comprehensive material handling solutions tailored to various industries. Companies such as Dorner Mfg. Corp. and BEUMER Corporation emphasize reliability and customization, catering to specific industry needs. Additionally, Bastian Solutions, Inc. and Interlake Mecalux (Mecalux, S.A.) offer robust solutions with a strong emphasis on customer support and service. New entrants and smaller players like Precision Inc. compete by offering specialized products and niche solutions. The market’s competitive landscape drives continuous innovation, ensuring diverse and advanced conveyor belt solutions for various end-users.

Recent Developments

In January 2023, Power, LLC acquired Dunham Rubber & Belting Corporation. This strategic acquisition enabled Power, LLC to expand its offerings and better serve the food processing, material handling, building products, pharmaceutical, and general industrial markets, enhancing its market presence and capabilities.

In July 2022, Continental AG acquired U.S.-based WCCO Belting, Inc. This acquisition strengthened Continental AG’s conveyor solutions portfolio, specifically enhancing its capabilities in the agricultural sector, and reinforcing its commitment to providing advanced and reliable belting solutions.

In February 2020, Honeywell Intelligrated showcased a vertical reciprocating conveyor designed to transport totes from lower to upper levels. Additionally, they featured the SuperPick robot from Soft Robotics, which efficiently picks and places items into order containers, highlighting their advancements in automation technology.

In January 2020, Material Handling Systems Inc. launched the Activated Roller Belt (ARB) Large Parcel Singulator. This new singulation solution is designed for high-throughput parcel operations, transforming bulk package flow into a single-file stream, which is essential for optimizing high-throughput operations.

In April 2021, Marubeni Corporation acquired Remacan Industries Inc., which operates a conveyor belt distribution business in Ontario, Canada, through its subsidiary, Belterra Corporation. This acquisition allowed Marubeni to strengthen its distribution network and expand its market reach in the conveyor belt industry.

Market Concentration and Characteristics

The North America conveyor belt market is characterized by a moderate to high level of market concentration, with several key players holding significant market shares. Major companies such as Daifuku Co. Ltd, Honeywell Intelligrated Inc., and Continental AG dominate the market, leveraging their extensive product portfolios, technological innovations, and strong distribution networks. The market is also marked by continuous advancements in automation and smart technologies, catering to diverse industries like automotive, food processing, e-commerce, and mining. Despite the dominance of established players, the market remains competitive with new entrants and smaller companies introducing niche and customized solutions to meet specific industry needs.

Report Coverage

The research report offers an in-depth analysis based on Type, Belt Type, Material, Installation, End User and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The increasing adoption of automation across industries will continue to drive demand for advanced conveyor belt systems, enhancing efficiency and productivity.
  1. Innovations in IoT and AI will lead to smarter conveyor systems, enabling real-time monitoring, predictive maintenance, and improved operational control.
  1. The rapid growth of the e-commerce sector will necessitate efficient warehousing and logistics solutions, boosting the demand for conveyor belts.
  1. A greater emphasis on sustainability will drive the development of energy-efficient and environmentally friendly conveyor belt technologies.
  1. Ongoing industrial modernization and infrastructure projects will increase the need for robust and reliable conveyor belt systems in manufacturing and construction sectors.
  1. Growing demand for customized conveyor solutions tailored to specific industry requirements will spur innovation and market differentiation.
  1. Expansion in the mining industry will create opportunities for heavy-duty conveyor belts designed to handle demanding material transport tasks.
  1. Stricter safety and environmental regulations will push manufacturers to develop compliant conveyor systems, fostering market growth.
  1. Increased investments in industrial activities across Canada and Mexico will contribute to market expansion, diversifying regional demand.
  1. Strategic partnerships, mergers, and acquisitions among key players will strengthen market positions and enhance product offerings, driving competitive growth.

CHAPTER NO. 1 : INTRODUCTION 15

1.1.1. Report Description 15

Purpose of the Report 15

USP & Key Offerings 15

1.1.2. Key Benefits for Stakeholders 15

1.1.3. Target Audience 16

1.1.4. Report Scope 16

CHAPTER NO. 2 : EXECUTIVE SUMMARY 17

2.1. North America Conveyor Belt Market Snapshot 17

2.1.1. North America Conveyor Belt Market, 2018 – 2032 (Units) (USD Million) 19

2.2. Insights from Primary Respondents 20

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 21

3.1. Russia-Ukraine and Israel-Palestine War Impacts 21

CHAPTER NO. 4 : NORTH AMERICA CONVEYOR BELT MARKET – INDUSTRY ANALYSIS 22

4.1. Introduction 22

4.2. Market Drivers 23

4.2.1. Driving Factor 1 Analysis 23

4.2.2. Driving Factor 2 Analysis 24

4.3. Market Restraints 25

4.3.1. Restraining Factor Analysis 25

4.4. Market Opportunities 26

4.4.1. Market Opportunity Analysis 26

4.5. Porter’s Five Forces Analysis 27

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 28

5.1. Company Market Share Analysis – 2023 28

5.1.1. North America Conveyor Belt Market: Company Market Share, by Volume, 2023 28

5.1.2. North America Conveyor Belt Market: Company Market Share, by Revenue, 2023 29

5.1.3. North America Conveyor Belt Market: Top 6 Company Market Share, by Revenue, 2023 29

5.1.4. North America Conveyor Belt Market: Top 3 Company Market Share, by Revenue, 2023 30

5.2. North America Conveyor Belt Market Company Volume Market Share, 2023 31

5.3. North America Conveyor Belt Market Company Revenue Market Share, 2023 32

5.4. Company Assessment Metrics, 2023 33

5.4.1. Stars 33

5.4.2. Emerging Leaders 33

5.4.3. Pervasive Players 33

5.4.4. Participants 33

5.5. Start-ups /SMEs Assessment Metrics, 2023 33

5.5.1. Progressive Companies 33

5.5.2. Responsive Companies 33

5.5.3. Dynamic Companies 33

5.5.4. Starting Blocks 33

5.6. Strategic Developments 34

5.6.1. Acquisitions & Mergers 34

New Product Launch 34

Regional Expansion 34

5.7. Key Players Product Matrix 35

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 36

6.1. PESTEL 36

6.1.1. Political Factors 36

6.1.2. Economic Factors 36

6.1.3. Social Factors 36

6.1.4. Technological Factors 36

6.1.5. Environmental Factors 36

6.1.6. Legal Factors 36

6.2. Adjacent Market Analysis 36

CHAPTER NO. 7 : NORTH AMERICA CONVEYOR BELT MARKET – BY TYPE SEGMENT ANALYSIS 37

7.1. North America Conveyor Belt Market Overview, by Type Segment 37

7.1.1. North America Conveyor Belt Market Volume Share, By Type, 2023 & 2032 38

7.1.2. North America Conveyor Belt Market Revenue Share, By Type, 2023 & 2032 38

7.1.3. North America Conveyor Belt Market Attractiveness Analysis, By Type 39

7.1.4. Incremental Revenue Growth Opportunity, by Type, 2024 – 2032 39

7.1.5. North America Conveyor Belt Market Revenue, By Type, 2018, 2023, 2027 & 2032 40

7.2. Crescent 41

7.3. Floor 42

7.4. Overhead 43

7.5. Pallet 44

7.6. Roller 45

CHAPTER NO. 8 : NORTH AMERICA CONVEYOR BELT MARKET – BY BELT TYPE SEGMENT ANALYSIS 46

8.1. North America Conveyor Belt Market Overview, by Belt Type Segment 46

8.1.1. North America Conveyor Belt Market Volume Share, By Belt Type, 2023 & 2032 47

8.1.2. North America Conveyor Belt Market Revenue Share, By Belt Type, 2023 & 2032 47

8.1.3. North America Conveyor Belt Market Attractiveness Analysis, By Belt Type 48

8.1.4. Incremental Revenue Growth Opportunity, by Belt Type, 2024 – 2032 48

8.1.5. North America Conveyor Belt Market Revenue, By Belt Type, 2018, 2023, 2027 & 2032 49

8.2. Heavy-Weight 50

8.3. Medium-Weight 51

8.4. Lightweight 52

CHAPTER NO. 9 : NORTH AMERICA CONVEYOR BELT MARKET – BY MATERIAL SEGMENT ANALYSIS 53

9.1. North America Conveyor Belt Market Overview, by Material Segment 53

9.1.1. North America Conveyor Belt Market Volume Share, By Material, 2023 & 2032 54

9.1.2. North America Conveyor Belt Market Revenue Share, By Material, 2023 & 2032 54

9.1.3. North America Conveyor Belt Market Attractiveness Analysis, By Material 55

9.1.4. Incremental Revenue Growth Opportunity, by Material, 2024 – 2032 55

9.1.5. North America Conveyor Belt Market Revenue, By Material, 2018, 2023, 2027 & 2032 56

9.2. Polymers 57

9.3. Metals 58

CHAPTER NO. 10 : NORTH AMERICA CONVEYOR BELT MARKET – BY INSTALLATION SEGMENT ANALYSIS 59

10.1. North America Conveyor Belt Market Overview, by Installation Segment 59

10.1.1. North America Conveyor Belt Market Volume Share, By Installation, 2023 & 2032 60

10.1.2. North America Conveyor Belt Market Revenue Share, By Installation, 2023 & 2032 60

10.1.3. North America Conveyor Belt Market Attractiveness Analysis, By Installation 61

10.1.4. Incremental Revenue Growth Opportunity, by Installation, 2024 – 2032 61

10.1.5. North America Conveyor Belt Market Revenue, By Installation, 2018, 2023, 2027 & 2032 62

10.2. Stationary 63

10.3. Portable 64

CHAPTER NO. 11 : NORTH AMERICA CONVEYOR BELT MARKET – BY END-USER SEGMENT ANALYSIS 65

11.1. North America Conveyor Belt Market Overview, by End-User Segment 65

11.1.1. North America Conveyor Belt Market Volume Share, By End-User, 2023 & 2032 66

11.1.2. North America Conveyor Belt Market Revenue Share, By End-User, 2023 & 2032 66

11.1.3. North America Conveyor Belt Market Attractiveness Analysis, By End-User 67

11.1.4. Incremental Revenue Growth Opportunity, by End-User, 2024 – 2032 67

11.1.5. North America Conveyor Belt Market Revenue, By End-User, 2018, 2023, 2027 & 2032 68

11.2. Automotive 69

11.3. Retail 70

11.4. Industrial 71

11.5. Poultry & Dairy 72

11.6. Others 73

CHAPTER NO. 12 : NORTH AMERICA CONVEYOR BELT MARKET – NORTH AMERICA 74

12.1. North America 74

12.1.1. Key Highlights 74

12.1.2. North America Conveyor Belt Market Volume, By Country, 2018 – 2032 (Units) 75

12.1.3. North America Conveyor Belt Market Revenue, By Country, 2018 – 2023 (USD Million) 76

12.1.4. North America Conveyor Belt Market Volume, By Type, 2018 – 2023 (Units) 77

12.1.5. North America Conveyor Belt Market Revenue, By Type, 2018 – 2023 (USD Million) 78

12.1.6. North America Conveyor Belt Market Volume, By Belt Type, 2018 – 2023 (Units) 79

12.1.7. North America Conveyor Belt Market Revenue, By Belt Type, 2018 – 2023 (USD Million) 80

12.1.8. North America Conveyor Belt Market Volume, By Material, 2018 – 2023 (Units) 81

12.1.9. North America Conveyor Belt Market Revenue, By Material, 2018 – 2023 (USD Million) 82

12.1.10. North America Conveyor Belt Market Volume, By Installation, 2018 – 2023 (Units) 83

12.1.11. North America Conveyor Belt Market Revenue, By Installation, 2018 – 2023 (USD Million) 84

12.1.12. North America Conveyor Belt Market Volume, By End-User, 2018 – 2023 (Units) 85

12.1.13. North America Conveyor Belt Market Revenue, By End-User, 2018 – 2023 (USD Million) 86

12.2. U.S. 87

12.3. Canada 87

12.4. Mexico 87

CHAPTER NO. 13 : COMPANY PROFILES 88

13.1. Daifuku Co. Ltd 88

13.1.1. Company Overview 88

13.1.2. Product Portfolio 88

13.1.3. Swot Analysis 88

13.1.4. Business Strategy 88

13.1.5. Financial Overview 89

13.2. Schaefer Systems International, Inc 90

13.3. Murata Machinery USA, Inc. 90

13.4. Honeywell Intelligrated Inc. 90

13.5. Dorner Mfg. Corp. 90

13.6. BEUMER Corporation 90

13.7. Bastian Solutions, Inc. 90

13.8. Interlake Mecalux (Mecalux, S.A.) 90

13.9. KNAPP Inc. 90

13.10. Swisslog Logistics Inc 90

13.11. Kardex Remstar, LLC 90

13.12. Viastore Systems Inc 90

13.13. Hytrol Conveyor Co. Inc 90

13.14. Material Handling Systems Inc 90

13.15. Precision Inc 90

CHAPTER NO. 14 : RESEARCH METHODOLOGY 91

14.1. Research Methodology 91

14.1.1. Phase I – Secondary Research 92

14.1.2. Phase II – Data Modeling 92

Company Share Analysis Model 93

Revenue Based Modeling 93

14.1.3. Phase III – Primary Research 94

14.1.4. Research Limitations 95

Assumptions 95

List of Figures

FIG NO. 1. North America Conveyor Belt Market Volume & Revenue, 2018 – 2032 (Units) (USD Million) 27

FIG NO. 2. Porter’s Five Forces Analysis for North America Conveyor Belt Market 35

FIG NO. 3. Company Share Analysis, 2023 36

FIG NO. 4. Company Share Analysis, 2023 37

FIG NO. 5. Company Share Analysis, 2023 37

FIG NO. 6. Company Share Analysis, 2023 38

FIG NO. 7. North America Conveyor Belt Market – Company Volume  Market Share, 2023 39

FIG NO. 8. North America Conveyor Belt Market – Company Revenue Market Share, 2023 40

FIG NO. 9. North America Conveyor Belt Market Volume Share, By Type, 2023 & 2032 46

FIG NO. 10. North America Conveyor Belt Market Revenue Share, By Type, 2023 & 2032 46

FIG NO. 11. Market Attractiveness Analysis, By Type 47

FIG NO. 12. Incremental Revenue Growth Opportunity by Type, 2024 – 2032 47

FIG NO. 13. North America Conveyor Belt Market Revenue, By Type, 2018, 2023, 2027 & 2032 48

FIG NO. 14. North America Conveyor Belt Market for Crescent, Volume & Revenue (Units) (USD Million) 2018 – 2032 49

FIG NO. 15. North America Conveyor Belt Market for Floor, Volume & Revenue (Units) (USD Million) 2018 – 2032 50

FIG NO. 16. North America Conveyor Belt Market for Overhead, Volume & Revenue (Units) (USD Million) 2018 – 2032 51

FIG NO. 17. North America Conveyor Belt Market for Pallet, Volume & Revenue (Units) (USD Million) 2018 – 2032 52

FIG NO. 18. North America Conveyor Belt Market for Roller, Volume & Revenue (Units) (USD Million) 2018 – 2032 53

FIG NO. 19. North America Conveyor Belt Market Volume Share, By Belt Type, 2023 & 2032 55

FIG NO. 20. North America Conveyor Belt Market Revenue Share, By Belt Type, 2023 & 2032 55

FIG NO. 21. Market Attractiveness Analysis, By Belt Type 56

FIG NO. 22. Incremental Revenue Growth Opportunity by Belt Type, 2024 – 2032 56

FIG NO. 23. North America Conveyor Belt Market Revenue, By Belt Type, 2018, 2023, 2027 & 2032 57

FIG NO. 24. North America Conveyor Belt Market for Heavy-Weight, Volume & Revenue (Units) (USD Million) 2018 – 2032 58

FIG NO. 25. North America Conveyor Belt Market for Medium-Weight, Volume & Revenue (Units) (USD Million) 2018 – 2032 59

FIG NO. 26. North America Conveyor Belt Market for Lightweight, Volume & Revenue (Units) (USD Million) 2018 – 2032 60

FIG NO. 27. North America Conveyor Belt Market Volume Share, By Material, 2023 & 2032 62

FIG NO. 28. North America Conveyor Belt Market Revenue Share, By Material, 2023 & 2032 62

FIG NO. 29. Market Attractiveness Analysis, By Material 63

FIG NO. 30. Incremental Revenue Growth Opportunity by Material, 2024 – 2032 63

FIG NO. 31. North America Conveyor Belt Market Revenue, By Material, 2018, 2023, 2027 & 2032 64

FIG NO. 32. North America Conveyor Belt Market for Polymers, Volume & Revenue (Units) (USD Million) 2018 – 2032 65

FIG NO. 33. North America Conveyor Belt Market for Metals, Volume & Revenue (Units) (USD Million) 2018 – 2032 66

FIG NO. 34. North America Conveyor Belt Market Volume Share, By Installation, 2023 & 2032 68

FIG NO. 35. North America Conveyor Belt Market Revenue Share, By Installation, 2023 & 2032 68

FIG NO. 36. Market Attractiveness Analysis, By Installation 69

FIG NO. 37. Incremental Revenue Growth Opportunity by Installation, 2024 – 2032 69

FIG NO. 38. North America Conveyor Belt Market Revenue, By Installation, 2018, 2023, 2027 & 2032 70

FIG NO. 39. North America Conveyor Belt Market for Stationary, Volume & Revenue (Units) (USD Million) 2018 – 2032 71

FIG NO. 40. North America Conveyor Belt Market for Portable, Volume & Revenue (Units) (USD Million) 2018 – 2032 72

FIG NO. 41. North America Conveyor Belt Market Volume Share, By End-User, 2023 & 2032 74

FIG NO. 42. North America Conveyor Belt Market Revenue Share, By End-User, 2023 & 2032 74

FIG NO. 43. Market Attractiveness Analysis, By End-User 75

FIG NO. 44. Incremental Revenue Growth Opportunity by End-User, 2024 – 2032 75

FIG NO. 45. North America Conveyor Belt Market Revenue, By End-User, 2018, 2023, 2027 & 2032 76

FIG NO. 46. North America Conveyor Belt Market for Automotive, Volume & Revenue (Units) (USD Million) 2018 – 2032 77

FIG NO. 47. North America Conveyor Belt Market for Retail, Volume & Revenue (Units) (USD Million) 2018 – 2032 78

FIG NO. 48. North America Conveyor Belt Market for Industrial, Volume & Revenue (Units) (USD Million) 2018 – 2032 79

FIG NO. 49. North America Conveyor Belt Market for Poultry & Dairy, Volume & Revenue (Units) (USD Million) 2018 – 2032 80

FIG NO. 50. North America Conveyor Belt Market for Others, Volume & Revenue (Units) (USD Million) 2018 – 2032 81

FIG NO. 51. North America Conveyor Belt Market Volume & Revenue, 2018 – 2032 (Units) (USD Million) 82

FIG NO. 52. Research Methodology – Detailed View 99

FIG NO. 53. Research Methodology 100

 

List of Tables

TABLE NO. 1. : North America Conveyor Belt Market: Snapshot 26

TABLE NO. 2. : Drivers for the North America Conveyor Belt Market: Impact Analysis 32

TABLE NO. 3. : Restraints for the North America Conveyor Belt Market: Impact Analysis 34

TABLE NO. 4. : North America Conveyor Belt Market Volume, By Country, 2018 – 2023 (Units) 84

TABLE NO. 5. : North America Conveyor Belt Market Volume, By Country, 2024 – 2032 (Units) 84

TABLE NO. 6. : North America Conveyor Belt Market Revenue, By Country, 2018 – 2023 (USD Million) 85

TABLE NO. 7. : North America Conveyor Belt Market Revenue, By Country, 2024 – 2032 (USD Million) 85

TABLE NO. 8. : North America Conveyor Belt Market Volume, By Type, 2018 – 2023 (Units) 86

TABLE NO. 9. : North America Conveyor Belt Market Volume, By Type, 2024 – 2032 (Units) 86

TABLE NO. 10. : North America Conveyor Belt Market Revenue, By Type, 2018 – 2023 (USD Million) 87

TABLE NO. 11. : North America Conveyor Belt Market Revenue, By Type, 2024 – 2032 (USD Million) 87

TABLE NO. 12. : North America Conveyor Belt Market Volume, By Belt Type, 2018 – 2023 (Units) 88

TABLE NO. 13. : North America Conveyor Belt Market Volume, By Belt Type, 2024 – 2032 (Units) 88

TABLE NO. 14. : North America Conveyor Belt Market Revenue, By Belt Type, 2018 – 2023 (USD Million) 89

TABLE NO. 15. : North America Conveyor Belt Market Revenue, By Belt Type, 2024 – 2032 (USD Million) 89

TABLE NO. 16. : North America Conveyor Belt Market Volume, By Material, 2018 – 2023 (Units) 90

TABLE NO. 17. : North America Conveyor Belt Market Volume, By Material, 2024 – 2032 (Units) 90

TABLE NO. 18. : North America Conveyor Belt Market Revenue, By Material, 2018 – 2023 (USD Million) 91

TABLE NO. 19. : North America Conveyor Belt Market Revenue, By Material, 2024 – 2032 (USD Million) 91

TABLE NO. 20. : North America Conveyor Belt Market Volume, By Installation, 2018 – 2023 (Units) 92

TABLE NO. 21. : North America Conveyor Belt Market Volume, By Installation, 2024 – 2032 (Units) 92

TABLE NO. 22. : North America Conveyor Belt Market Revenue, By Installation, 2018 – 2023 (USD Million) 93

TABLE NO. 23. : North America Conveyor Belt Market Revenue, By Installation, 2024 – 2032 (USD Million) 93

TABLE NO. 24. : North America Conveyor Belt Market Volume, By End-User, 2018 – 2023 (Units) 94

TABLE NO. 25. : North America Conveyor Belt Market Volume, By End-User, 2024 – 2032 (Units) 94

TABLE NO. 26. : North America Conveyor Belt Market Revenue, By End-User, 2018 – 2023 (USD Million) 95

TABLE NO. 27. : North America Conveyor Belt Market Revenue, By End-User, 2024 – 2032 (USD Million) 95

Frequently Asked Questions:

What is the projected growth of the North America conveyor belt market?

The North America conveyor belt market is expected to grow from USD 7,368.67 million in 2023 to USD 11,001.20 million by 2032, with a CAGR of 4.50% from 2024 to 2032.

What are the key drivers of growth in the North America conveyor belt market?

Key drivers include the increasing adoption of industrial automation, the expansion of the e-commerce sector, and technological advancements like IoT and AI integration in conveyor systems.

Which region holds the largest market share in the North America conveyor belt market?

The United States dominates the market, holding approximately 60% of the market share due to its advanced industrial base and significant investments in automation technologies.

Who are some of the major players in the North America conveyor belt market?

Major players include Daifuku Co. Ltd, Honeywell Intelligrated Inc., Continental AG, Schaefer Systems International, Inc., and Murata Machinery USA, Inc., among others.

How is the e-commerce sector influencing the conveyor belt market in North America?

The rapid growth of e-commerce is driving demand for efficient warehousing and logistics solutions, significantly boosting the need for advanced conveyor belt systems to handle increasing order volumes.

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