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Vibrating Conveyer Market Size - By Type (Standard Duty Vibrating Conveyors, Heavy-Duty Vibrating Conveyors, Vibratory Feeders, Oscillating Conveyors), By End-Use (Chemical, Food & Beverage, Pharmaceutical), Drive Mechanism, Distribution Channel & Forecast, 2024 – 2032


Published on: 2024-07-30 | No of Pages : 240 | Industry : Industrial-Machinery

Publisher : MIR | Format : PDF&Excel

Vibrating Conveyer Market Size - By Type (Standard Duty Vibrating Conveyors, Heavy-Duty Vibrating Conveyors, Vibratory Feeders, Oscillating Conveyors), By End-Use (Chemical, Food & Beverage, Pharmaceutical), Drive Mechanism, Distribution Channel & Forecast, 2024 – 2032

Vibrating Conveyer Market Size

Vibrating Conveyer Market was valued at USD 485.5 million in 2023 and is poised to witness more than 4.8% CAGR from 2024 to 2032. Vibrating conveyors offer efficient and continuous material handling. Industries seek conveyor systems that can handle bulk materials with efficiency, reducing downtime and optimizing production processes.

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Industries value vibrating conveyors that can handle diverse materials, including bulk solids, granules, powders, and more, providing versatility in applications. Industries involved in handling delicate materials, such as food or pharmaceuticals, prefer vibrating conveyors for their ability to transport without causing damage. Industries appreciate conveyor systems that can be tailored to meet specific material handling requirements and integrate seamlessly into existing processes. Industries seek equipment that is reliable and requires minimal maintenance, reducing downtime and maintenance costs.

Vibrating Conveyer Market Report Attributes
Report Attribute Details
Base Year 2023
Vibrating Conveyer Market Size in 2023 USD 485.5 Million
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 4.8%
2032 Value Projection USD 740.4 Million
Historical Data for 2018 – 2023
No. of Pages 300
Tables, Charts & Figures 241
Segments covered Type, Driving Mechanism, End-use, Distribution Channel
Growth Drivers
  • Growing chemical industry
  • Growing food industry
  • Growing oil and gas industry
Pitfalls & Challenges
  • High Initial Investment Costs

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The upfront costs of purchasing and installing vibrating conveyors can be relatively high. Industries may hesitate to invest in vibrating conveyors, especially for smaller businesses with budget constraints. Unplanned downtime for maintenance can disrupt production schedules, affecting overall operational efficiency. Lack of awareness can lead to underutilization of vibrating conveyor technology, with industries opting for traditional conveyor systems. Some industries handling specific materials may find that the characteristics of those materials are not compatible with vibrating conveyors, limiting their application.

Vibrating Conveyer Market Trends

Focus on energy-efficient and sustainable conveyor solution. Vibrating conveyor manufacturers were exploring ways to optimize energy usage and reduce environmental impact, aligning with global sustainability goals. Innovations such as improved control systems, automation, and smart conveyor technologies were enhancing the capabilities and performance of vibrating conveyors. Manufacturers were offering more versatile and customizable solutions to meet the specific material handling needs of different industries and applications. The use of advanced materials improves durability, reduces wear and tear, and enhances the overall performance of vibrating conveyors. Vibrating conveyors were being integrated into robotic material handling systems, providing seamless coordination and flexibility in automated processes.

Vibrating Conveyer Market Analysis

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Based on type, the standard duty vibrating conveyors surpassed USD 193.4 million in 2023. Standard duty conveyors are often more cost-effective compared to heavy-duty alternatives. Industries with moderate material handling needs or budget constraints may choose standard duty vibrating conveyors for their cost efficiency. Standard duty conveyors are designed to handle a wide range of materials. Businesses dealing with diverse materials appreciate the versatility of standard duty vibrating conveyors, making them suitable for various applications.

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The cranks/springs segment accounted for over 40% share of the vibrating conveyer market in 2023 and is projected to grow through 2032. In contrast to electromagnets, crank/spring mechanisms offer a more cost-effective manufacturing and installation solution, making them appealing for projects with budget constraints. Their design is simple, featuring few moving parts, resulting in increased reliability and ease of maintenance. These mechanisms are capable of handling a wide range of materials, from light powders to heavy aggregates, and find applications in diverse industries such as mining, construction, agriculture, and food processing.

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North America dominated the global vibrating conveyer market in 2023. Within North America, the U.S. generated a revenue of over USD 151.4 million in 2023. Expansion of manufacturing and industrial sectors. As manufacturing activities grow, the demand for efficient material handling solutions, including vibrating conveyors, increases to support production processes. Demand for material handling solutions in the mining and aggregates sector. The mining and aggregates industry in North America utilizes vibrating conveyors for the efficient movement of bulk materials, contributing to the demand for these conveyors.

Vibrating Conveyer Market Share

The global vibrating conveyer industry is highly fragmented owing to the presence of several market players. Major companies operating in the market are General Kinematics, Syntron, Carrier, accounting over 33% market share in the year 2023. The major market players are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.

Government support to boost the adoption of low GWP refrigerant and the geographical expansion of key players are anticipated to intensify the market competition over the forecast timeframe. An acquisition strategy enables a company to enter new markets and product lines instantaneously with a recognized brand having a good reputation and an existing client base. An acquisition can overcome market entry barriers that were previously challenging.

Vibrating Conveyer Market Companies

Major players operating in the vibrating conveyer industry include

  • General Kinematics
  • Syntron Material Handling
  • Carrier Vibrating Equipment, Inc.
  • Key Technology, Inc.
  • Eriez Manufacturing Co.
  • Kinergy Corporation
  • ACTION Equipment Company, Inc.

Vibrating Conveyer Industry News

  • In February 23 2022, Heat and Control, Inc., a prominent manufacturer of conveying systems, opened a new facility in Lancaster, Pennsylvania, USA to expand its geographical footprint. This new facility furthers the company’s ability to service global markets and customers.

This vibrating conveyer market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Thousand Units) from 2018 to 2032, for the following segments

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Market, By Type

 

  • Standard duty vibrating conveyors
  • Heavy-duty vibrating conveyors
  • Vibratory feeders
  • Oscillating Conveyors

Market, By Drive Mechanism

  • Cranks/Springs
  • Electromagnets
  • Vibrating motor driven
  • Bolted end covered

Market, By End-Use

  • Chemical industry
  • Food & beverage
  • Pharmaceutical
  • Rubber Industry
  • Wood industry
  • Others (Processing, Packaging)

Market, By Distribution Channel

  • Direct
  • Indirect

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia        
    • Indonesia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina 
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa

 

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )