According to a new report published by Reports Monitor titled, “Bulk Material Handling Market by type and by Application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the bulk material handling market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Europe dominates the bulk material handling market, in terms of value, and is expected to maintain this trend throughout the forecast period.
Bulk Material Handling Market – Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 – 2025
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The global bulk material handling market is segmented on the basis of type and application.
On the basis of type, the market is segmented into Band Conveyor, Bucket Elevator, Bucket Wheel Excavator, Rope Shovel, Ship Loader and Unloader, Stacker, Stacker Cumreclaimer and Stripping Shove.
On the basis of application, the market is segmented into Construction, Manufacturing, Mining, Packaging and Seaport and Cargo Terminals.
Urbanization Increases Construction activity in developed and developing countries, this boost demand of bulk material handling equipment helping market to grow at higher rate.
Adaptation of automation is increased in majorly all the industries, opens up untapped market by rise in demand of engineered equipment this fuels the growth of the market.
Growing industrialization in developing countries are lucrative market for bulk material handling equipment.
However, high initial cost and low technological penetration are some of the factors restrins the growth of the market.
• Band Conveyor accounts for highest share in the bulk material handling market.
• Mining industry is major contributor to the market followed by construction.
• Europe dominates the market due to increased demand for automation and mass production.
• Asia Pacific is expected to grow at higher rate owing growing industrialization in these developing economies.
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The major companies profiled in the report include FL Smidth, Thyssenkrupp, Techint Group, Hitachi Construction Machinery Co., Liebherr Group, IHI Transport Machinery Co., Ltd., Kawasaki Heavy Industries Ltd., Sumitomo Heavy Industries Material Handling Systems Co. Ltd., L&H Industrial and DuroFelguera.
The study for Global Bulk Material Handling Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015 Base Year Estimate: 2016 Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
3.6. Market Overview
4. Type Overview
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Band Conveyor
4.2.2. Bucket Elevator
4.2.3. Bucket Wheel Excavator
4.2.4. Rope Shovel
4.2.5. Ship Loader and Unloader
4.2.7. Stacker cumReclaimer
4.2.8. Stripping Shove
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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