Global Industry Analysis

Over time, automation in the industrial sector has advanced, and with it, the usage of automated material handling equipment for moving SKUs (Stock Keeping Units) or other semi-finished and finished goods between locations during production and operational operations. The floor conveyor system is the most effective method for moving large objects from one location to another. A drag chain conveyor is also included in the floor conveyance system, which is utilised to transfer objects along a predetermined conveyance path.

Manufacturing sectors are concentrating on spending a lot of money automating processes to cut waste and production costs while increasing product quality and productivity. Due to these factors, both automated and conventional floor conveyor systems are in greater demand. Major industries with extensive floor conveyor system installations include those in the automobile, retail, food and beverage, and aerospace sectors. Demand for automated floor conveyor systems is always rising in various industries, and the reason for such a heavy investment in automated equipment is efficiency and mass production. According to industry needs, there are several floor conveyor systems available, including belt, roller, slat, telescopic, and others.

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Automated floor conveyor systems are prepared with numerous types of conveyor, such as belt conveyors, roller conveyors, chain conveyors and a complete range of ancillary equipment which are obligatory for getting a well performed working floor conveyors system. Material handling equipment manufacturing companies are spending an enormous amount of capital on research and development facility to improve floor conveyor system working and sustain an effective position in market.

Floor conveyors system Market: Dynamics

The developing automotive, retail and food and beverage industries are expected to boost the growth in floor conveyor systems market. With the use of automated floor conveyor systems, can enhance the production quality. Moreover, automation in floor conveyor system also supports in distinguishing critical issues within the product, such as unwanted metal and bad parts.

Furthermore, Floor conveyor system helps in orientating products for the next operation, to ensure that there is no time wasting for repositioning of products. The demand for cost-effective, safe and eco-friendly floor conveyors systems are estimated to generate the additional demand for floor conveyor system.

Initial high cost investment associated with floor conveyor system is expected to hinder the floor conveyor system market growth.

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Floor conveyors system Market: Segmentation

Floor conveyors system Market: Regional Outlook

Europe region has major share in floor conveyor system market due to large supply network with broad distribution channel. Rising industrialization in Asia Pacific region owing to increasing employment, high purchasing power and high GDP growth, is estimated to drive the regional market over the forecast period.

The Asian manufacturers have been focusing on increasing their quality standards in order to compete in the market. For which manufacturers are using automated technology in floor conveyor system.

North America is expected to show stagnant growth in floor conveyor system market. Development of innovative and advanced products such as lean manufacturing systems, malfunction detector systems, and growing automotive and food & beverage industry are some major factors which are expected to add significant growth in floor conveyor system market in these region. Latin America and MEA region is estimated to show sluggish growth in floor conveyor system market.

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Floor conveyors system Market: Market Participants

Examples of some of the prominent market participants of floor conveyor system market

• AFT group
• Siemens AG
• Dematic Group S.à r.l
• Swisslog Holding AG
• Daifuku Co., Ltd.
• Vanderlande Industries B.V
• Global Autocon Systems Pvt. Ltd.
• AUTOMAG
• H&H Design and Manufacturing, LLC
• Allied Conveyor Systems, Inc.
• Amber Industries Limited
• KEITH Manufacturing Co.
• United Engineering Industries
• Fives
• Rapid Industries, Inc.
• Loknath Engineering.
• Taikisha Ltd
• TGW Logistics Group Gmbh

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