Omnitrack Positioned to Gain from Booming Conveyor Market
The company, which invented the ball transfer unit used to convey heavy loads with ease, manufactures a range of conveying equipment.
- The company, which invented the ball transfer unit used to convey heavy loads with ease, manufactures a range of conveying equipment.
- Omnitrack is a worldwide market leader for its innovative transfer unit solutions and wheels and castors deployed in a wide variety of industries.
- This has, in turn, spurred growing demand for conveyors and other equipment used in the manufacturing, distribution and shipping processes, analysts say.
- The global conveyors market is forecast to grow from just over $7.7 billion last year to $10.07 billion by 2026, representing an annual growth rate of 4.5% according to an in-depth market report .