Product Code: ETC035759 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Conveyors System market is estimated to witness a CAGR of 5.9% during the forecast period 2025-2031. Saudi Arabia constitutes one of the largest economies in Middle East and Africa, holding 18% of total GDP from MENA region. The growing industrial sector in Saudi Arabia has been driving the demand for conveyor systems across various industries such as automotive, FMCG, electronics & electricals and food & beverages among others. Growing economic activities coupled with increasing investments by government are anticipated to propel growth over the forecasted period.
The major drivers responsible for fuelling growth include rising manpower cost which necessitates automation; surging need for efficient logistics solutions; increasing industrialization and large scale urbanizations fueling development of infrastructure projects etc., The country??s Vision 2031 initiative aims at diversifying economy away from oil resources towards private investments, thus creating immense opportunities for industry players operating in this space including OEMs (Original Equipment Manufacturer). This will further lead to increase in demand for conveyor systems over years to come.
High operational costs associated with installation as well as maintenance can act as a restraining factor on market growth over coming years. Additionally, lack of awareness about advantages offered by these systems may limit their penetration level within SMEs (Small & Medium Enterprises) segment especially in rural areas where latest technology is not easily available or adopted due to financial constraints faced by them respectively.
COVID - 19 pandemic had resulted into varying levels disruptions recorded across all aspects of life including business operations. While lockdown measures imposed have significantly impacted companies performance, it also created ample opportunities through digital transformation made possible due rapid adoption being seen amongst consumer base . Also , stringent safety regulations brought about led manufacturers explore ways that would help contain spread while ensuring continuous functioning facilitating emergence self service kiosks alongwith other contactless technologies based providing goods using Automated Guided Vehicles / AGV ?? s powered robotics.
Major players operating in the Saudi Arabia conveyor systems market include Siemens AG (Germany), Daifuku Co., Ltd (Japan), Fives Group (France), ABB Ltd (Switzerland), Emerson Electric Co. (U.S.), Intelligrated Systems LLC (U.S.), Interroll Holding AG (Switzerland), University Automation Pvt Ltd.(India) , TGW Logistics Group GmbH(Austria) and others . These companies are adopting various strategies such as product launches, partnerships & collaborations, mergers & acquisitions etc., to gain competitive advantage and sustain their position in the current market scenario.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Conveyors System Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Conveyors System Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Conveyors System Market - Industry Life Cycle |
3.4 Saudi Arabia Conveyors System Market - Porter's Five Forces |
3.5 Saudi Arabia Conveyors System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Conveyors System Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Saudi Arabia Conveyors System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Implementation of automation in various industries leading to increased demand for conveyor systems |
4.2.2 Growing focus on improving operational efficiency and reducing labor costs |
4.2.3 Expansion of manufacturing and logistics sectors in Saudi Arabia |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up conveyor systems |
4.3.2 Lack of skilled workforce for operating and maintaining conveyor systems |
4.3.3 Fluctuations in raw material prices impacting overall cost of conveyor systems |
5 Saudi Arabia Conveyors System Market Trends |
6 Saudi Arabia Conveyors System Market, By Types |
6.1 Saudi Arabia Conveyors System Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Conveyors System Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Conveyors System Market Revenues & Volume, By Belt, 2021-2031F |
6.1.4 Saudi Arabia Conveyors System Market Revenues & Volume, By Roller, 2021-2031F |
6.1.5 Saudi Arabia Conveyors System Market Revenues & Volume, By Pallet, 2021-2031F |
6.1.6 Saudi Arabia Conveyors System Market Revenues & Volume, By Overhead, 2021-2031F |
6.1.7 Saudi Arabia Conveyors System Market Revenues & Volume, By Floor, 2021-2031F |
6.1.8 Saudi Arabia Conveyors System Market Revenues & Volume, By Crescent, 2021-2031F |
6.1.9 Saudi Arabia Conveyors System Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Saudi Arabia Conveyors System Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Conveyors System Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Conveyors System Market Revenues & Volume, By Warehouse & Distribution, 2021-2031F |
6.2.3 Saudi Arabia Conveyors System Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.4 Saudi Arabia Conveyors System Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Saudi Arabia Conveyors System Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.6 Saudi Arabia Conveyors System Market Revenues & Volume, By Mining, 2021-2031F |
6.2.7 Saudi Arabia Conveyors System Market Revenues & Volume, By Airport, 2021-2031F |
7 Saudi Arabia Conveyors System Market Import-Export Trade Statistics |
7.1 Saudi Arabia Conveyors System Market Export to Major Countries |
7.2 Saudi Arabia Conveyors System Market Imports from Major Countries |
8 Saudi Arabia Conveyors System Market Key Performance Indicators |
8.1 Average installation time for conveyor systems |
8.2 Percentage increase in adoption of conveyor systems in key industries |
8.3 Number of conveyor system maintenance contracts signed with clients |
8.4 Efficiency improvement rate achieved by companies using conveyor systems |
8.5 Number of new conveyor system designs introduced to the market |
9 Saudi Arabia Conveyors System Market - Opportunity Assessment |
9.1 Saudi Arabia Conveyors System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Conveyors System Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Saudi Arabia Conveyors System Market - Competitive Landscape |
10.1 Saudi Arabia Conveyors System Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Conveyors System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |