Conveyor systems are referred to as mechanical devices that are typically utilized to move materials or products from one location to another within a production or distribution facility.
A large number of conveyor systems manufacturers are presently operating in this sector. Some of the major ones include-
In 2018, KUKA AG announced the acquisition of a Finland based software company named Visual Components.
The company was established in 1898 with its headquarters in Augsburg, Germany. It is a prominent manufacturers of factory automation systems and industrial robots. It predominantly develops conveyor systems, packaging machinery, along with measuring and control instruments, among others.
KUKA sticks to three basic principles, i.e., innovation, sustainability, and innovation. Its prime vision is to make the lives of the masses easier through automation technology.
In 2020, Caterpillar Inc. announced the acquisition of the oil & gas division of the Weir Group PLC.
The company was established in April 1925 by C.L. Best. It is one of the world’s largest construction equipment manufacturers. Its headquarters are located in Irving, Texas, United States. Caterpillar’s diverse product range includes mining equipment, natural gas and diesel engines, construction equipment, industrial turbines, and diesel-engine locomotives, among others.
The organization adheres to three main values which include customer value, leadership, and sustainable growth. It strives to offer industrial solutions that are affordable, sustainable, efficient, and safe.
In 2017, Taikisha Global Limited announced the acquisition of Air International Thermal Systems.
With its headquarters in Tokyo, Japan, the company was established in 1913. It is a prominent manufacturer of industrial process equipment and HVAC systems for massive infrastructures.
Taikisha's vision is to contribute to a sustainable society by providing advanced technologies and services that help its customers meet their business goals while also practicing environmental sustainability and social responsibility.
In April 2019, Daifuku Co., Ltd. announced the acquisition of Vega Conveyors & Automation Private Limited, an India based material handling equipment manufacturer.
The company was established on May 20, 1937. Its headquarters are located in Nishiyodogawa-ku, Osaka, Japan. It is a prime manufacturer of material handling equipment like automated storage systems, automatic sorters, and conveyor systems, among others. It services industries like automotive, e-commerce, and aerospace, among others.
Daifuku is envisioned to develop and provide its customers with high quality product with proper adherence to environmental sustainability regulations.
In February 2018, Murata Machinery Ltd. announced the acquisition of automated guided vehicle manufacturer, AGVE AB.
With its headquarters in Fushimi-ku, Kyoto, Japan, the company was established in 1935. It predominantly develops industrial machines, communication equipment, automation and logistics systems, along with automated material handling systems.
The company's vision is to emerge as the global leader in the development of advanced machinery technologies that contribute to a sustainable society. Murata Machinery's vision is centred on four main principles: innovation, customer satisfaction, social responsibility, and environmental sustainability.
The aforementioned conveyor systems manufacturers are keen onto strengthen their foothold in this industry. Widespread industrialization, rapid technological advancements, and growing trends of industrial automation are escalating the demand for material handling systems across the globe.
To meet the rising demand, these companies are trying to amplify their product pipeline by adding highly advanced material handling equipment ranges. They are further envisioned at changing the lives of the masses with the help of industrial innovation.
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