Fortive Corporation Common Stock (FTV)

Competitors to Fortive Corporation Common Stock (FTV)

Danaher Corporation 

Danaher and Fortive both operate within the same industrial and instrumentations spaces, with a shared focus on innovation and quality. Danaher utilizes a unique business model focused on continuous improvement and lean manufacturing, which has allowed them to achieve higher margins and faster product development timelines. Their successful acquisition strategy also provides them with an extensive portfolio, giving them a slight competitive advantage in terms of customer satisfaction and market penetration.

Emerson Electric Co. 

Emerson competes with Fortive primarily through its automation solutions and technical services. Emerson's strong focus on industrial automation and control systems positions it slightly ahead of Fortive in terms of legacy and market share. Their scale and resources allow them to invest heavily in new technologies and maintain a broader customer base, hence providing an edge in customer support and product development.

Honeywell International Inc.

Honeywell and Fortive compete in various segments including industrial automation and precision measurement. Honeywell offers a broader range of integrated products that leverage its strong brand and extensive research and development capabilities. Their diverse portfolio includes automation solutions for sectors such as aerospace and building technologies, giving them a competitive edge through established market presence and innovations in IoT technologies.

Rockwell Automation, Inc. 

Rockwell Automation and Fortive are direct competitors in the field of industrial automation solutions. Rockwell focuses on providing software and services that integrate digital design with physical automation, which complements the rapidly evolving needs of their customers. Their commitment to innovation in the Industry 4.0 space gives them a competitive advantage over Fortive, especially in segments requiring advanced automation and connectivity solutions.

Siemens AG

Siemens is a well-established competitor with a vast product ecosystem that includes automation, electrification, and digitalization across various industries. They compete with Fortive by offering comprehensive solutions that span an entire production chain, appealing to large clients who require integrated systems. Their global reach and R&D investments often allow them to deliver advanced technological solutions more quickly than Fortive, enabling a competitive advantage in larger projects.