Individuals come face to face with conveyor belts on a daily basis. From airports to megafactories, conveyor systems have improved many lives across the globe. These save a lot of time and money for dependent companies.
Conveyor systems were introduced to speed up the transportation of products between two distant points (located not so far away) without human involvement. This saves a lot of capital when considered on a yearly basis.
It is worth mentioning that the automotive industry is one of the biggest clients of conveyor systems. In the megafactories, these conveyor systems are used during production of vehicles in an efficient manner.
Automotive industry is considered to be one big industry yet this is not the case. It is made up of multiple markets stacked together. These sub-markets are interlinked together via conveyor systems.
Best conveyor systems making mass production easier
Verified Market Research analysts found that FDI investments play a major role in pushing conveyor systems’ market. The capital influx pushed its value at USD 7.03 billion in 2018. As per Global Conveyor Systems’ Market Report this segment will reach an overall valuation of USD 9.80 billion by 2026.
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Look at the competitors’ frameworks in sample report that is helping it in growing at a CAGR of 4.3% from 2019 to 2026. Conveyor systems serve as the backbone of many industries. Mass production can come to a complete halt if these systems do not work properly. Let’s take a look at the chief players.
Emerson
Emerson is known for its wide variety of products that are being used by industrial and consumer segments. This American company is a proud member of the Fortune500 list. Not only this, Emerson has survived the wave of time by being operational for more than a century now.
Siemens
Siemens is a reliable name that pops up whenever a topic related to technology is raised. This German organization is a world-class provider of latest software and electrical drives. It truly understands the conveyor technology requirements of dependent industries. Then, its R&D division comes up with flexible solutions.
Continental
Continental has made its name in tire manufacturing. Not many know that Continental is a high-rated automotive parts manufacturer also. From brake systems to interior electronics, Continental has become a prominent name in the automotive industry – specially for delivering conveyor systems.
Daifuku
Daifuku is a Japanese company. As the name means (‘Great Luck’), Daifuku is the leader of Asian market because of its intelligent networking and excellent customer services. It is one of the most unique value innovators, operating in this segment. It is passionate for engineering many industry-firsts.
Fives Group
Fives Group has a heritage of more than two centuries. This proves its flexibility towards changing market scenarios. Its international presence across multiple continents and multi-sector expertise has helped Fives in designing state-of-the-art automation solutions. It serves its customers with a comprehensive ecosystem around production lines.
Taikisha
Taikisha is another brand from the land of rising sun. It has emerged as the face of this segment. From taking its first step towards greener technology to building the most efficient production line, Taikisha has come a long way since its inception. Now, it has pledged to build a sustainable society using its eco-friendly products.
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Honeywell
Honeywell offers innovative solutions to the most complex problems. It has been producing excellently engineered products because of its attention to detailing. It delivers high quality products at affordable prices. This makes it a tough competitor in the conveyor market. Honeywell’s optimization services have won many international awards.
Dematic
Dematic has been leading projects related to automation of supplychain. Its logistics solutions have helped many clients in growing at an elliptical rate. Its flagship products are industrial trucks. This multi-billion dollar organization has its roots dating back to more than two centuries.
SSI SCHÄFER
SSI SCHÄFER is one of the most successful companies listed here. This German enterprise is the king of the European segment. Its comprehensive product portfolio has a tincture of ‘German technology touch’.
Invata
Invata is a multidisciplinary provider of supplychain solutions. It has been fulfilling automation related requirements of many dependent clients. Its global-scale automation solutions have helped many companies to overcome their ecommerce challenges.
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