Bucket Elevators are powered equipment for conveying bulk materials in a vertical or steep inclined path, consisting of an endless belt, or chain to which metallic buckets are fixed. With the flexible belt/chain, the buckets move unidirectionally within a casing and collects bulk materials at bottom end of the equipment and delivers it at the top end. This paper deals with the design and analysis of different parts of elevator for conveying different types of materials. The modeling of bucket elevator done using solid modeling software and analyzed using conventional finite element software (Ansys) and stresses and deflections are obtained. This study shows that the negative influences of support of the shaft reflected through the increase in the stress concentration and occurence of the initial crack are the main causes of the shaft fracture which is occurred at the keyway of the shaft and zone of contact between shaft and gearbox.