U.S. Motorized Pulleys Market to be Worth $249.4 Million by 2031

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

According to this latest publication from Meticulous Research®, the U.S. motorized pulleys market is projected 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 the increasing adoption of industrial automation and other Industry 4.0 technologies, the rising need to replace aging assets, and the growing demand for material handling solutions. However, suboptimal overall efficiency due to motorized pulleys’ compact designs restrains the growth of this market.