Market Share of Conveyors Industry
The Conveyor Market is highly competitive owing to the presence of many prominent players supplying their products in domestic and international markets. The market appears to be moderately fragmented, with the major players adopting strategies like product innovation and mergers and acquisitions. Some of the major players in the market are Daifuku Co. Ltd, SSI Schaefer AG, and Murata Machinery Ltd, among others.
- March 2022 - Honeywell announced a collaboration with OTTO Motors, a division of Clearpath Robotics, giving warehouses and distribution centers throughout North America an automated option to address some of the most labor-intensive roles in an increasingly scarce job market. The collaboration also allows Honeywell customers to increase efficiency, reduce errors and enhance safety by installing OTTO's autonomous mobile robots (AMRs) in their facilities. These AMRs also provide a flexible and powerful way to transport pallets, typically accomplished primarily with forklifts and conveyor systems.
- May 2022 - Viastrore Systems GmbH announced that Interroll and Viastore had agreed to work more closely together in the field of conveyor technology in the future. The managing directors locked the corresponding cooperation with a handshake at LogiMAT, the international trade fair for intralogistics solutions, in Stuttgart, Germany.
Conveyor Market Leaders
Daifuku Co. Ltd
SSI Schaefer AG
Murata Machinery Ltd
BEUMER Group GmbH & Co. KG
Honeywell Intelligrated Inc.
*Disclaimer: Major Players sorted in no particular order
