The conveyor equipment industry is experiencing exponential growth, making it a hot market for those looking for leads in the manufacturing world.
As U.S. manufacturers respond to unprecedented demand amid supply chain hurdles and worker shortages, conveyor manufacturers are helping the cause, supplying conveyor systems to manufacturers trying to get their products to market. The industrial marketplace IndustryNet has seen searches for conveyor systems surge in recent months. Globally, the industry's market size is expected to reach $10.6 billion by 2025, up substantially from $8.8 billion in 2020.
In the United States, the conveying equipment industry has a forecast CAGR of 4.6%, from 2019-26 and is expected to reach a value of more than $7 billion by 2026.
Technological advancements among conveyor manufacturers, such as artificial intelligence (AI), machine learning and automation, are rapidly driving the industry forward. Improvements in conveying equipment typically result in accelerated production rates regardless of industry, prompting more investment in conveying equipment.
To gain a greater understanding of the industry, this article will cover the nine largest U.S. conveyor manufacturers, based on data collected by MNI.
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|COMPANY||EMPLOYEES ON SITE||CITY||STATE|
|Hytrol Conveyor Co., Inc.||1,300||Jonesboro||AR|
|Material Handling Systems, Inc.||550||Mount Washington||KY|
|Intelligrated, Inc.||500||West Chester||OH|
|Regal Beloit, Power Transmission Solutions Div.||500||Florence||KY|
|Superior Industries, Inc.||450||Morris||MN|
|Daifuku North America Corp.||300||Novi||MI|
1.) Hytrol Conveyor Co., Inc.
Involved in everything from transport to pallet handling to software, Hytrol is currently the largest conveying equipment manufacturers in the U.S. Founded in 1947, Hytrol has a long history indicative of the company's commitment to its clients.
Hytrol is also committed to investing profits back into its equipment, cementing the company as a manufacturer of cutting-edge conveying equipment.
2.) Intelligrated, Inc.
Intelligrated, also called Honeywell Intelligrated, has exploded onto the conveying equipment scene in recent years. The company focuses on developing automation solutions for a variety of popular conveying equipment lines. At the forefront of conveying equipment robotics and automation, Intelligrated is a company to watch out for in the coming years.
Eriez crafts magnetic separation, metal detection and materials-feeding technology for manufacturers in the metalworking industry.
An eye for detail and commitment to quality have made Eriez a leader in the metalworking industry with several high-profile clients.
4.) Material Handling Systems, Inc.
Material Handling Systems (MHS) works with manufacturers to create innovative distribution center protocols, primarily utilizing automation.
MHS is committed to helping clients advance into the digital age, taking advantage of trends in e-commerce to help clients improve the production process from packaging to shipping.
5.) Precision, Inc.
Precision is a conveying equipment manufacturer focused on the electronics industry.
A procurer of custom magnetic components, Precision helps electronics manufacturers increase production rates and product quality.
6.) Regal Beloit, Power Transmission Solutions Division
Regal Power Transmission Solutions (RPTS) specializes in manufacturing components for conveyor belts, from modular plastic belts to guiding tracks.
RPTS' attention to detail and quality mark it as a key player in the conveying equipment industry.
7.) Superior Industries, Inc.
Founded in 1972, Superior Industries has experienced steady growth by focusing on providing high-quality conveying equipment.
8) BEUMER Corporation
BEUMER is a intralogistics solutions company, with a special focus on tilt tray and cross belt sorters. Their 400 employees at the Somerset location produce a variety of equipment, including palletizing & packaging equipment and airport baggage handling equipment.
9.) Daifuku North America Corp.
Daifuku is a global leader in material handling systems, with deep roots in the automotive industry (the company adapted the forged rivetless chain conveyor for the Henry Ford Company)
Daifuku's 300 employees at its Novi, Michigan location focus on producing various types of material handling systems including automatic storage & retrieval systems and heavy-duty roller conveyors. The company produces equipment for a variety of locations, including manfuacturing plants and airports.
Further reading: In-Demand Industrial Products & Services This Week
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Editor's Note: The article was originally published in September 2020. It is updated annually to reflect new statistics and trends.