Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global industrial and automotive power transmission products market that are included in our report are
In March 2021, Flender and Schaeffler came under the partnership to launch a new eco-friendly packaging system. Both the companies combined and developed “Smart Box,” a reusable transport box of large bearings. Smart Box offers an innovative solution for climate and environmental protection. The box ensures reduced storage space and improved handling.
In March 2021, Eaton vehicle group announced its new aftermarket product for ELocker differential for Toyota Tacoma midsize pickup trucks with manual transmissions. In addition, the company also launched eleven other Elocker differentials in the past year
In December 2020, Continental designed and developed sensor based inspection service for conveyor belt systems. This system helps in the detection of idler defects via camera and acoustic signals permits predictive maintenance and identification of weal points before damage occurs. This solution has been successfully tested in initial field trials and it is expected to be operational in 2021. This would help the company to expand its portfolio across the globe.
Author Credits: Richa Gupta
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