Global and U.S. Motorized Pulleys Market Size, Share, Forecast, & Trends Analysis by Power Output (Upto 5 hp, Others), Gear Material (Polymer, Steel, Others), Housing Material (Steel, Others), Application (Belt Conveyors, Roller Conveyors), End User (Logistics & Warehousing, Others) - Forecast to 2031

U.S. Motorized Pulleys Market Size & Forecast

The U.S. Motorized Pulleys Market is expected to reach $249.4 million by 2031, at a CAGR of 3.5% from 2024 to 2031. The growth of the U.S. motorized pulleys market is driven by factors such as the rising adoption of industrial automation and Industry 4.0 technologies, the need to replace aging assets, and the increasing demand for effective material handling solutions.

Moreover, the growth of the e-commerce and logistics sectors and advancements in motor and control technologies are expected to create opportunities for market growth.

U.S. Motorized Pulleys Market Growth Drivers

Increasing Adoption of Industrial Automation and Other Industry 4.0 Technologies

The U.S. is witnessing a workforce shortage, particularly in strategically vital sectors such as shipbuilding, automotive, aircraft production, and microelectronics. Therefore, these industries are adopting automation technologies to overcome workforce shortages and boost domestic manufacturing capabilities.

Industries in the U.S. are exploring ways to automate operations. Manufacturing companies are adopting automation technologies, such as industrial robots and conveyor systems, to increase productivity and cost competitiveness. According to the International Federation of Robotics, manufacturing companies in the U.S. are investing heavily in automation. In 2023, the total installations of industrial robots increased by 12% compared to 2022, reaching 44,303 units.

Moreover, providers of industrial automation solutions in the U.S. are focusing on the development of advanced automation solutions to offer industries higher efficiency and productivity. For instance, in May 2024, QC Conveyors (U.S.) launched the AS80 heavy-duty conveyor system, which has been engineered to meet the rigorous demands of modern industries. Capable of moving heavy loads of up to 600 lbs., the AS80 heavy-duty conveyor system excels in applications ranging from robotics to automotive and other heavy industries. The introduction of such offerings is expected to drive the adoption of automation technologies, such as conveyor systems, among U.S. industries, driving the demand for motorized pulleys.

Click here to: Get Free Sample Pages of this Report

Growing Demand for Material Handling Solutions

The material handling industry is evolving, driven by technological advancements, changing customer demands, and emerging market trends. The growth in e-commerce and online shopping has boosted the demand for material handling solutions. Companies are investing in technologies that enable faster order fulfillment, improved inventory management, and seamless last-mile delivery. Moreover, growth in manufacturing activities across sectors such as automotive, pharmaceuticals, and consumer goods has also boosted the demand for material handling equipment.

Furthermore, growth across various industries such as construction, mining, food processing, and chemicals has necessitated the efficient handling of raw materials, bulk goods, and finished products. Bulk material handling systems automate the transportation and conveying of materials across various processes, improving overall production efficiency and output. Several industries in the U.S. are adopting material-handling solutions to increase productivity across their facilities. Conveyor systems with motorized pulleys play an important role in bulk material and unit material handling. Motorized pulleys provide significant power to drive conveyor systems, offering increased efficiency compared to conventional pulleys. Thus, the growing adoption of material handling solutions across industries is expected to boost the demand for motorized pulleys, supporting market growth.

Some of the recent developments in the material handling solutions market in the U.S. are as follows:

• In February 2023, Dorner Mfg. Corp. (U.S.) launched the new DCMove conveyor series with the DCMove Belted Conveyor. Featuring an economically painted steel frame, the conveyor offers the durability and precision needed for material handling in the logistics and e-commerce industries.
• In July 2022, Modula (U.S.), a leading manufacturer of automated storage solutions, and Mobile Industrial Robots A/S (MiR) (Denmark) developed a fully automated system that can store, pick, and move items within designated areas in warehouses and production/distribution centers, with or without human intervention.

U.S. Motorized Pulleys Market Opportunity

Growth of the E-commerce and Logistics Sectors

In recent years, there has been a rapid growth in e-commerce due to increased internet and smartphone penetration. According to the latest U.S. Census Bureau Report, in the U.S., retail e-commerce sales for the 4th quarter of 2023 totaled USD 324.8 billion, an increase of 19.5% compared to the previous quarter. In addition, e-commerce sales in the U.S. accounted for 15.4% and 14.7% of total retail sales in 2023 and 2022, respectively. E-commerce giants are heavily investing in boosting business performance and sales.

Increasing e-commerce is driving the demand for automated logistics solutions that can handle high order volumes, ensure speedy order fulfillment, optimize warehouse operations, streamline last-mile delivery, and enhance the overall customer experience. With consumers’ increasing preference for online shopping due to the convenience and accessibility offered, logistics companies are witnessing a surge in e-commerce order deliveries. Logistics companies are also facing challenges in efficiently handling and delivering the growing number of orders. Hence, logistics service providers are adopting automated solutions to streamline e-commerce order fulfillment operations. For instance, in May 2024, Kenco PPC Buyer, LLC (U.S.), a leading third-party logistics (3PL) provider, announced the implementation of AutoStore, a leading automated storage and Retrieval System (ASRS), at the company’s Jeffersonville, Indiana, U.S. distribution center. The AutoStore system – designed and implemented by KPI Solutions (U.S.), will service Kenco’s e-commerce customers.

The increasing deployment of ASRS and automated order-picking systems in e-commerce & logistics facilities to enable quick deliveries and meet customer expectations is also driving the adoption of automation technologies. E-commerce & logistics facilities are also focusing on automating their warehouses and distribution centers by implementing technologies such as conveyor and sorting systems. Modern conveyors with motorized pulleys can automate the movement of products through warehouses and distribution centers, reducing the time taken to pick, pack, and ship orders. These benefits are driving the demand for ASRS in the e-commerce and logistics sectors, generating opportunities for the providers of motorized pulleys.

U.S. Motorized Pulleys Market Analysis: Key Findings

By Power Output: In 2024, the Upto 5 hp Segment to Dominate the U.S. Motorized Pulleys Market

Based on power output, the U.S. motorized pulleys market is segmented into upto 5 hp, above 5 hp to 15 hp, 15 hp to 50 hp, and above 50 hp. In 2024, the upto 5 hp segment is expected to account for the largest share of 37.3% of the U.S. motorized pulleys market. The segment’s large market share can be attributed to the increasing adoption of conveyor systems for transporting lightweight materials, rising demand for industrial automation, and advancements in conveyor technology.

However, the above 5 hp to 15 hp segment is expected to record the highest CAGR of 4.3% during the forecast period. The growth of this segment is driven by factors such as the increasing adoption of baggage handling systems in airports and the rising need to reduce labor costs and enhance efficiency across various industries.

By Gear Material: In 2024, the Polymer Segment to Dominate the U.S. Motorized Pulleys Market

Based on gear material, the U.S. motorized pulleys market is segmented into polymer, steel, and other gear materials. In 2024, the polymer segment is expected to account for the largest share of 49.1% of the U.S. motorized pulleys market. This segment’s large market share is mainly attributed to the increasing focus among companies on developing highly durable polymers specifically designed for industrial applications due to the advantages of using polymer gears in motorized pulleys, such as their lighter weight and reduced noise levels compared to metal gears.

However, the steel segment is expected to record the highest CAGR during the forecast period. The growth of this segment is mainly driven by factors such as the high durability of steel gears, which withstand the continuous wear and tear from moving large quantities of materials.

By Housing Material: In 2024, the Aluminum Housing Segment to Dominate the U.S. Motorized Pulleys Market

Based on housing material, the U.S. motorized pulleys market is segmented into aluminum housing, steel housing, and other housing materials. In 2024, the aluminum housing segment is expected to account for the largest share of the U.S. motorized pulleys market. This segment’s large market share is mainly attributed to the benefits offered by aluminum, such as affordability and corrosion resistance and the growing preference for aluminum in environments prone to moisture or chemical exposure.

However, the steel housing segment is expected to record the highest CAGR during the forecast period. This segment’s expansion is mainly driven by the widespread preference for heavy-duty motorized pulleys due to their strength and durability across several industries.

By Application: The Belt Conveyors Segment to Witness Highest Demand During the Forecast Period

Based on application, the U.S. motorized pulleys market is segmented into belt conveyors and roller conveyors. In 2024, the roller conveyors segment is expected to account for a larger share of 58.3% of the U.S. motorized pulleys market. This segment’s large market share is attributed to advancements in conveyor systems and the increasing use cases of roller conveyors across various industries.

However, the belt conveyors segment is anticipated to record the highest CAGR of 4.9% during the forecast period. The increasing adoption of automation technologies drives the growth of this segment.

By End User: In 2024, the Logistics & Warehousing Segment to Dominate the U.S. Motorized Pulleys Market

Based on end user, the U.S. motorized pulleys market is segmented into mining & mineral processing, cement manufacturers, steel industry, power generation, automotive manufacturers, consumer goods manufacturers, logistics & warehousing, food & beverage processing industry, and other end users. In 2024, the logistics & warehousing segment is expected to account for the largest share of 23.5% of the U.S. motorized pulleys market. This segment’s large market is attributed to the growing integration of conveyor systems in logistics and warehouse operations. Conveyor systems offer significant benefits, including enhanced productivity, improved safety measures, and optimal space utilization within the logistics industry.

However, the automotive manufacturers segment is expected to register the highest CAGR of 4.9% during the forecast period. The growth of this segment is mainly driven by manufacturers' emphasis on reducing reliance on human labor, particularly for repetitive or hazardous tasks and meeting stringent production deadlines.

U.S. Motorized Pulleys Market: Key Companies

The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios and distribution channels. Some of the key players operating in the U.S. motorized pulleys market are Rulmeca Holding S.p.A. (Italy), Van der Graaf Inc. (Canada), Interroll Holding AG (Switzerland), Sparks Belting (U.S.), Mol Belting Systems, Inc. (U.S.), Shipp Belting Company (U.S.), Metso Corporation (Finland), Tech-Roll, Inc. (U.S.), HIMMEL Antriebstechnik GmbH & Co. KG (Germany), Jiangsu Winroller Technology Co., Ltd. (China) and Tianjin Seaparks Machinery-Electronics Co., Ltd (China).

U.S. Motorized Pulleys Industry Overview: Latest Developments from Key Industry Players

• In April 2023, Rulmeca Holding S.p.A. (Italy) acquired Douglas Manufacturing Co., Inc. (U.S.) to strengthen its business in the U.S. market.

U.S. Motorized Pulleys Market Research Summary

Key questions answered in the U.S. motorized pulleys market report: