Conveyor Sorting Systems Market Outlook, 2024-2028: Growth Trends and Shares for RFID, Vision, Barcode, Weight, and Other Conveyor Sorting Systems [Yahoo! Finance]
Honeywell International Inc. (HON)
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Source: Yahoo! Finance
The conveyor sorting systems market is forecasted to grow by USD 1.24 billion during 2023-2028, accelerating at a CAGR of 6.5% during the forecast period. The market is driven by expansion of manufacturing activities, emphasis on automation and reducing labor costs, and stringent health and safety regulations. The study identifies the introduction of new products by vendors as one of the prime reasons driving the conveyor sorting systems market growth during the next few years. Also, increasing number of mergers and acquisitions and integration of robotics in conveyor sorting systems will lead to sizable demand in the market. This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The conveyor sorting systems market is segme
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- Honeywell International Inc. (NASDAQ: HON) had its price target raised by analysts at Jefferies Financial Group Inc. from $220.00 to $260.00. They now have a "hold" rating on the stock.MarketBeat
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- Honeywell International Inc. (NASDAQ: HON) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Honeywell Weighs Aerospace Spinoff as Elliott Pressures for Bold Split Strategy [Yahoo! Finance]Yahoo! Finance
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