Conveyor System Market Growth Fueled by Automation and IoT Integration
The global conveyor system market continues to expand steadily as industries worldwide prioritize automation, operational efficiency, and streamlined material handling. Valued at US$ 9.8 Bn in 2023, the market is forecast to reach US$ 16.2 Bn by 2034, advancing at a CAGR of 4.8% from 2024 to 2034. This growth trajectory reflects the increasing adoption of smart manufacturing technologies, the...
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