Market Share of Process Equipment Industry
The Process Equipment market is fragemented, with major vendors such as Emerson Electric Co., Gardner Denver, and ANSYS, Inc. dominating the market. High entry barriers make it difficult for new players to enter the market. Existing vendors are investing heavily in researching and developing new and innovative products.
- In April 2023, Emerson Electric Co. to Advance Global Automation Leadership Through Acquisition of NI,Emerson will enhance its automation capabilities and gain a broader set of customers that relies on NI's solutions at critical points along the product development cycle
- In April 2023, Automated Flexible Conveyor announced the launch of a Batch-Weigh System that may be configured to automatically transfer, weigh, and dispense multiple materials fed from various locations to a common discharge location. The product integrated proprietary weighing technology, PLC-based process controls, and load cells with the company's SPIRALFEEDER flexible screw conveyor. It was considered ideal for loading multiple powders, granules, flakes, pellets, and other bulk materials into mixers, blenders, hoppers, tanks, and containers, each in precise, preset amounts.
- In August 2022, Tencarva Machinery Company announced the acquisition of Fischer Process Industries, which is a leading distributor of pumps, valves, and process equipment. The partnership was expected to bring the addition of valves to Tencarva's product line and provide them access to new markets in Indiana, Kentucky, and Ohio while bolstering our presence in Georgia in the US.
Process Equipment Market Leaders
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Emerson Electric Co.
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Gardner Denver
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ANSYS, Inc
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Isgec Heavy Engineering Ltd.
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FEECO International, Inc.
*Disclaimer: Major Players sorted in no particular order
