[Start of Market Research Report Handling] Global Conveyor System Market Report 2023-2030
The global market for conveyor systems, estimated at 56.5 billion USD in 2023, is projected to grow at a CAGR of 4.4% from 2023 to 2030, reaching 79.6 billion USD by 2030. The belt conveyor system is one of the segments analyzed in this report, expected to record a CAGR of 4.4% and reach 20.3 billion USD by the end of the analysis period. The growth of the roller conveyor system segment is forecasted to have a CAGR of 5.4% over the next eight years.
The U.S. market is estimated at 14.5 billion USD, while China is projected to grow at a CAGR of 6%.
The U.S. conveyor system market is estimated to reach 14.5 billion USD by 2023. China, the world's second-largest economy, is expected to maintain a CAGR of 6% during the analysis period from 2023 to 2030, reaching a market size of 14.5 billion USD by 2030.
■ Issued by
Global Industry Analysts, Inc.

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