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Overhead Conveyor Systems Market Share

ID: MRFR//8096-CR | 136 Pages | Author: Snehal Singh| April 2020

Introduction: Navigating the Future of Overhead Conveyor Systems

The competitive situation for overhead conveyors is constantly changing, driven by technological progress, regulatory changes and increasing demands for efficiency and the environment. The key players, such as the equipment manufacturers, the IT systems suppliers and the infrastructure suppliers, are pursuing market leadership with innovative solutions such as artificial intelligence, IoT and green energy. The equipment manufacturers are concentrating on improving the availability and energy efficiency of their systems, while the IT suppliers are deploying automation and data analysis to optimize the performance of their systems. In addition, the new challengers, especially the AI start-ups, are introducing new disruptive technologies that are shaking up the established paradigms and customer relationships. Strategic developments are moving towards more modular and scalable systems to meet the various needs of different industries. The resulting dynamism offers both opportunities and challenges for the strategic planners and managers who want to exploit the enabling potential of overhead conveyors.

Competitive Positioning

Full-Suite Integrators

These vendors offer comprehensive solutions, integrating various technologies for overhead conveyor systems.

VendorCompetitive EdgeSolution FocusRegional Focus
SSI SCHAEFER AG Comprehensive logistics solutions provider Automated storage and retrieval systems Global
Dematic Innovative automation technologies Warehouse automation and logistics North America, Europe
TGW LOGISTICS GROUP Flexible and scalable solutions Automated material handling Europe, North America
Vanderlande Industries Strong focus on customer-specific solutions Logistics automation Global
Daifuku Co. Ltd Diverse product portfolio Material handling systems Global

Specialized Technology Vendors

These vendors focus on niche technologies and innovations within the overhead conveyor systems market.

VendorCompetitive EdgeSolution FocusRegional Focus
Dürkopp Fördertechnik GmbH Expertise in textile and garment handling Textile conveyor systems Europe
Ferag AG Innovative modular systems Conveyor and sorting systems Europe, Asia
psb intralogistics GmbH Customizable solutions for various industries Intralogistics systems Europe
Jiangsu Huazhang Logistics Technology Co. Ltd Strong presence in Asian markets Logistics automation solutions Asia

Infrastructure & Equipment Providers

These vendors supply essential components and equipment for overhead conveyor systems.

VendorCompetitive EdgeSolution FocusRegional Focus
PACLINE OVERHEAD CONVEYORS Specialized in overhead conveyor systems Overhead conveyor solutions North America
Rapid Industries Inc. Custom solutions for diverse applications Overhead conveyor systems North America
Bastian Solutions Inc. Integration of advanced technologies Material handling systems North America
Allied Conveyor Systems Ltd Focus on custom conveyor solutions Conveyor systems North America
Schönenberger Systeme GmbH Expertise in complex conveyor systems Conveyor technology Europe
Herbert Kannegiesser GmbH Specialization in laundry and textile logistics Textile conveyor systems Global
OCS Overhead Conveyor System Tailored overhead solutions Overhead conveyor systems Europe
CALDAN Conveyor A/S Innovative conveyor technology Conveyor systems Europe
KEWESTA GmbH Focus on high-quality components Conveyor systems Europe
JENSEN-GROUP Specialization in laundry automation Laundry conveyor systems Global

Emerging Players & Regional Champions

  • ConveyorTech Solution (USA): ConveyorTech is a specialist in the field of overhead conveyor systems. The company has recently landed a contract with a major car manufacturer to provide it with a flexible assembly line. The company is competing with established suppliers by offering a bespoke, quick-turnaround service.
  • It is an energy-saving, overhead conveyor system, which uses IoT technology for real-time monitoring. It has recently completed a project at a food-processing plant, where it is a complement to the established suppliers, increasing their efficiency and improving their sustainable development.
  • SkyTrack Systems (India): Offers lightweight, cost-effective overhead conveyors tailored to the needs of small and medium-sized enterprises. It has recently teamed up with a local textile manufacturer to offer a competitive alternative to larger companies by meeting the specific needs of the local market.
  • Liftline Conveyors, an Australian company, develops and manufactures a new overhead conveyor system with integrated safety devices. It has recently completed a project for a mining company, where it has challenged the traditional suppliers, placing a premium on safety and compliance in harsh conditions.

Regional Trends: In 2024, a significant trend towards the adoption of energy-efficient and IoT-enabled overhead conveyor systems is observed in various regions. In addition, companies are increasingly focusing on the issues of energy efficiency and operational excellence, which has led to a greater demand for solutions that can be adapted to the requirements of specific industries. These trends will continue to grow in the coming years, especially in regions with a strong manufacturing base.

Collaborations & M&A Movements

  • The IoT-based overhead conveyors of Daifuku Co. and Siemens AG will be used to optimize operations and prevent breakdowns, thus strengthening the competitiveness of the automation industry.
  • KUKA AG has bought a minority stake in a start-up company specialising in overhead conveyor systems, in order to expand its product range and take advantage of the growing demand for flexible manufacturing systems. This will give KUKA AG a higher market share in the area of logistics.
  • Interroll Holding AG and Honeywell International Inc. have formed a partnership to develop intelligent conveyor systems based on real-time data.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Biometric Self-Boarding Siemens, Honeywell Siemens has integrated biometric technology into their overhead systems, enhancing security and efficiency. Honeywell's systems have been adopted in several airports, showcasing a seamless boarding process that reduces wait times.
AI-Powered Ops Mgmt Dematic, Daifuku Dematic utilizes AI to optimize conveyor operations, resulting in reduced downtime and improved throughput. Daifuku's AI-driven solutions have been implemented in major distribution centers, demonstrating significant operational improvements.
Border Control Kaba, Zebra Technologies Kaba's overhead systems incorporate advanced border control features, ensuring compliance with international regulations. Zebra Technologies has developed solutions that enhance tracking and monitoring at border points, improving security.
Sustainability Interroll, Mecalux Interroll focuses on energy-efficient conveyor systems, reducing carbon footprints in logistics. Mecalux has implemented sustainable practices in their overhead systems, including recyclable materials and energy-saving technologies.
Passenger Experience Thyssenkrupp, Otis Thyssenkrupp's overhead systems are designed with user-friendly interfaces, enhancing the passenger experience in transit environments. Otis has received positive feedback for their innovative designs that prioritize comfort and accessibility.

Conclusion: Navigating the Overhead Conveyor Landscape

The Overhead Conveyors Market in 2024 will be characterized by a high degree of competition and significant fragmentation, with the presence of both old and new players vying for market share. Regionally, the market is expected to grow in Asia-Pacific and North America, driven by technological developments in automation and sustainable initiatives. The market is expected to be characterized by a high degree of competition, with a significant number of new players vying for market share. To maintain a competitive advantage, vendors must strategically position themselves by focusing on capabilities such as artificial intelligence integration, automation efficiency, and flexible design to meet the diverse needs of their customers. The market is likely to be dominated by those who emphasize sustainable development and the ability to respond to change. The more established players will have to continue to evolve to remain relevant in this rapidly changing landscape.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018- 2022
Forecast Period 2023-2032
Growth Rate 5.18% (2023-2032)
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