Telescopic Boom Conveyors Market
The market for Telescopic Boom Conveyors was estimated at $1.2 billion in 2024; it is anticipated to increase to $2.0 billion by 2030, with projections indicating growth to around $2.9 billion by 2035.
Global Telescopic Boom Conveyors Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Telescopic Boom Conveyors industry revenue is expected to be around $1.3 billion in 2025 and expected to showcase growth with 8.1% CAGR between 2025 and 2034. The Telescopic Boom Conveyors market shows substantial growth because different industries including logistics manufacturing and construction require these systems. These sectors use Telescopic Boom Conveyors because of their efficiency and versatility to improve their operational processes. The industrial sector has experienced increased demand for Telescopic Boom Conveyors because of technological progress and the growing need for automated material handling systems.
The telescopic boom conveyor represents an innovative material handling solution because it extends and retracts to provide flexible loading and unloading operations. The equipment serves applications that need to move large volumes of materials at high speeds in warehouses and docks and distribution centers.
Market Key Insights
- The Telescopic Boom Conveyors market is projected to grow from $1.2 billion in 2024 to $2.7 billion in 2034. This represents a CAGR of 8.1%, reflecting rising demand across Warehousing & Distribution, Parcel Handling and Bulk Material Handling.
- Caljan Rite-Hite, Thor Global Enterprises Ltd., Technovision Engineers Private Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Telescopic Boom Conveyors market and are expected to observe the growth CAGR of 5.9% to 8.5% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 7.8% to 10.1%.
- Transition like Automation in Material Handling is expected to add $71 million to the Telescopic Boom Conveyors market growth by 2030.
- The Telescopic Boom Conveyors market is set to add $1.5 billion between 2024 and 2034, with manufacturer targeting Food & Beverage & Shipping & Ports Applications projected to gain a larger market share.
- With Increasing demand in e-commerce sector, and Technological advancements in material handling equipment, Telescopic Boom Conveyors market to expand 118% between 2024 and 2034.