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Top 20 systems suppliers 01/08/2011

Modern’s 14th-annual survey of leading materials handling systems suppliers from around the world shows that business in general is headed in a positive direction and revenue is growing again.

The top five systems suppliers reported combined 2010 revenue of more than $6.83 billion, up 3.3% over 2009.

It may be too early to pop the champagne cork and celebrate the return of a robust economy, but according to Modern’s 14th-annual survey of the world’s leading systems suppliers, it’s not too early to put a few bottles on ice.
This year’s survey results show that all of last year’s Top 20 companies are on the list again, but mergers and acquisitions have made room for two new companies to hit the chart.  
In all, 12 of the Top 20 companies reported an increase in revenue, two remained about even, and only five reported a decrease.  That’s quite a turn of events from last year when 17 of the Top 20 companies reported a drop in revenue, one stayed flat, and only two reported increases.
So here’s how the current Top 20 stack up. Once again Schaefer Systems International, Daifuku and Dematic remain in the top three positions, respectively.  No. 1 Schaefer saw a 7% decrease, but still reported an impressive $2.19 billion in revenue. With $1.95 billion in revenue, No. 2 Daifuku realized an increase of more than 10%, narrowing the gap between first and second positions. No. 3 Dematic experienced an increase of almost 20%, bringing its 2010 total revenue to $1.2 billion.
Rounding out the top five are Murata Machinery (No. 4) and Vanderlande Industries (No. 5), which traded places this year. The 20% increase reported by Murata Machinery was enough to move it into the fourth position, with less than 1% separating the two companies.
One important caveat: As we’ll see below, some of the increases in revenue were the result of acquisitions and not from organic growth. That is one reason the combined total 2010 revenue for all Top 20 companies of $11.4 billion is actually down 4.2% from the 2009 total of $11.9 billion. 

To view the entire article please click here.

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