Vibrating Conveyor Market Size & Share by Product Type (Light/Medium Duty Vibrating Conveyor, Heavy Duty Vibrating Conveyer); Drive Mechanism (Cranks/Springs, Electromagnets); End-Use Industry (Mineral Processing, Chemical Industry, Food & Beverages, Pharmaceutical, Rubber Industry, Wood Industry); Distribution Channel (Direct Sales, Indirect Sales) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5967
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Vibrating Conveyor Market size is expected to reach USD 1 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of vibrating conveyor was over USD 500 Million. The increase in market is primarily being driven by population growth and the resulting increase in demand for commodities. Over the course of the forecast period, the global population has expanded by more than three times. After adding 1 billion since 2010 and 2 billion since 1998, the anticipated population of humans worldwide increased to 8.0 billion in mid-November 2022 from 2.5 billion in 1950.

In addition, in order to increase their vibrating conveyor market opportunities, manufacturers are implementing the newest technological developments, such as integrating automation, control systems, and smart sensors in addition to improving maintenance capabilities and real-time monitoring. The market is seeing a large increase in R&D expenditures by companies for a variety of vibrating conveyor, including oscillating conveyors.


Vibrating Conveyor Market
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Vibrating Conveyor Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Need for Warehouse Automation and Effective Material Handling- The expansion of numerous end-use sectors is driving up demand for effective material handling procedures. Huge and unevenly shaped goods can be transported with efficiency byvibrating conveyor. This efficiency is a key motivator, particularly in sectors requiring precise material handling. The vibrating conveyor market statistics are increasing due to the spike in demand for vibratory belt conveyors and vibrating screen conveyors. vibrating conveyor may be easily incorporated into automated systems, which boosts productivity and lowers labor costs. Conveyors that vibrate guarantee delicate material handling and reduce the possibility of breaking delicate objects. This is particularly important in sectors where integrity and product quality are critical. The warehouse automation market was estimated to be worth 19.5 billion USD in 2022, a rise of more than 38% over the previous year.
  • Growth in Undiscovered Markets- Manufacturers are putting more of an emphasis on providing after-sales services like maintenance, repairs, and spare parts since these may strengthen client relationships and generate a steady flow of income. In order to quickly reach new markets and receive creative solutions, manufacturers are also collaborating or partnering with other companies, such as automation and robotics companies. Manufacturers of vibrating conveyor are seeing development prospects as a result of these causes.
  • The usage of electrical drives is growing- Conventional conveyors worked with hydraulic systems. An electric motor powered the operational mechanism, which in turn powered the hydraulic fluid compression mechanism in the cylinders. In current conveyor systems, the majority of hydraulic-based components have been replaced by electric drives in order to remove the inefficiencies associated with hydraulic components. More efficient than its predecessors, an electrical drive can transform all of the energy delivered into productive activity. Over the course of the projection period, vibrating conveyor are likely to become more integrated with electrical drives, which is predicted to have a significant impact on the vibrating conveyor market. This is ascribed to technology adopters' heightened emphasis on incorporating energy-efficient technologies into the production infrastructure of sectors including mineral processing, food and beverage, and pharmaceuticals.

Challenges

  • High conveyor-related costs- The degree of creativity and the operational demands of different sectors directly contribute to the high expenses connected with the installation and maintenance of conveyor systems. Modern conveyors, including vibrating conveyor, demand additional costs for things like maintenance and cleanliness because they make use of sensors, software, and other cutting-edge technologies. On the other hand, a poorly designed process could result in higher production costs.
  • Unexpected maintenance downtime might interfere with production schedules and reduce overall operational effectiveness.
  • Industries that prefer traditional conveyor systems may underutilize vibrating conveyor technology due to a lack of awareness.

Vibrating Conveyor Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 6%

Base Year Market Size (2023)

 ~ USD 500 Million

Forecast Year Market Size (2036)

 ~ USD 1 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Vibrating Conveyor Segmentation

Product Type (Light/Medium Duty Vibrating Conveyor, Heavy Duty Vibrating Conveyor)

Based on product type, light/medium duty vibrating conveyor segment is predicted to account for 60% share of the global vibrating conveyor market during the forecast period. In terms of sales and income, light- to medium-duty vibrating conveyor are a significant product category on a global scale. Because light- to medium-density materials are the greatest fit for light-duty vibrating conveyor, they are widely used in a variety of industries, including chemicals, pharmaceuticals, and food & beverage. This is likely to increase demand for these conveyors throughout the course of the forecast period. In 2022–2023, 26570 thousand MT of major chemicals and petrochemicals will be produced.

End-Use Industry (Mineral Processing, Chemical Industry, Food & Beverages, Pharmaceutical, Rubber Industry, Wood Industry)

Based on end-use industry, food & beverages segment is predicted to account for 30% share of the global vibrating conveyor market during the forecast period. The hygienic and safety standards of this industry drive the vibrating conveyor market. For the most careful and precise handling of food goods, a vibrating conveyor is the best option. The food and beverage industry are benefiting from the use of these conveyors because of their capacity to manage delicate and perishable goods without sacrificing their integrity. Furthermore, the emphasis on upholding strict standards of cleanliness during material handling procedures is in accordance with the vibrating conveyor simplicity of cleaning and maintenance. In 2022, the food & drink industry are expected to generate USD 2.03 billion in total revenue.

Our in-depth analysis of the global vibrating conveyor market includes the following segments:

          Product Type

  • Light/Medium Duty Vibrating Conveyor
  • Heavy Duty Vibrating Conveyor

          Drive Mechanism

  • Cranks/Springs
  • Electromagnets

          End-Use Industry

  • Mineral Processing
  • Chemical Industry
  • Food & Beverages
  • Pharmaceutical
  • Rubber Industry
  • Wood Industry

          Distribution Channel

  • Direct Sales
  • Indirect Sales

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Vibrating Conveyor Industry - Regional Synopsis

APAC Market Forecast

Vibrating conveyor market in Asia Pacific region is predicted to dominate revenue with about 35% share during the forecast period. There are numerous end-use industries in Asia Pacific. The benefits of vibratory conveyors, such as enhanced manufacturing efficiency and reduced labor requirements, are driving the dynamics of the local market. Asia Pacific has a significant need for vibrating conveyor due to the region's rapid adoption of energy-efficient and automated products. Over the course of the forecast period, the population explosion in the area will support the expansion of the vibrating conveyor market in APAC. China and India, the two most populous countries on earth is home to 4.3 billion people, or 60% of the world's total population.  

North American Market Statistics

Vibrating conveyor market in North America region is projected to hold second largest market share of about 30% during the forecast period. Growth in the manufacturing and industrial domains. Vibrating Conveyor are among the effective material handling systems that are more and more needed to assist production operations as manufacturing activities expand. The mining and aggregates industries have a need for material handling solutions. Vibrating Conveyor are in high demand because they are effectively used by the mining and aggregates sector in North America for the transportation of bulk commodities.

Research Nester
Vibrating Conveyor Market Regional
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Companies Dominating the Vibrating Conveyor Market

top-features-companies
    • Kinergy Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Columbus McKinnon Corporation
    • Schenck Process Holding GmbH
    • Schulte Strathaus GmbH and Co. KG
    • SINFONIA TECHNOLOGY Co. Ltd.
    • General Kinematics Corp.
    • Smalley Manufacturing Co.
    • Webster Industries Inc.
    • Heat and Control, Inc.
    • Carrier Process Equipment Group, Inc.

In-the-news

In The News

  • February 2022: A new facility for Heat and Control, Inc., a global leader in equipment manufacturing that provides the best quality solutions and cutting-edge technologies to the food and non-food industries, has opened in Lancaster, Pennsylvania, USA. The former location in Lititz, Pennsylvania, which served as sales and service support for packaging and inspection equipment, has been replaced by the new location. Improved cross-functional collaboration spaces in the new Heat and Control Pennsylvania headquarters will enable specialized engineering, sales, service, spare parts, and training teams to support the entire Heat and Control product line, including Heat and Control, Ishida, and CEIA products.
  • April 2023: The leading provider of intelligent motion solutions for material handlding, Columbus McKinnon Corporation, announced that it has finalized an acquisition agreement to purchase montratec® GmbH, a leading provider of automation solutions that creates intelligent automation and transport systems for connecting industrial production and logistics processes. For use in the electric vehicle (EV), semiconductor, electronics, life sciences, aerospace, and other industries, Montratec offers its intelligent, flexible monorail transport systems.

Author Credits:  Rushikesh, Richa Gupta


  • Report ID: 5967
  • Published Date: Apr 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increase in population growth and the resulting increase in demand for commodities are the major factors driving the growth of the vibrating conveyor market.

The market size of vibrating conveyor is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Columbus McKinnon Corporation, Schenck Process Holding GmbH, Schulte Strathaus GmbH and Co. KG, SINFONIA TECHNOLOGY Co. Ltd., General Kinematics Corp., Smalley Manufacturing Co., Webster Industries Inc., Heat and Control, Inc., Carrier Process Equipment Group, Inc., and others.

The light/medium duty vibrating conveyer segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Vibrating Conveyor Market Report Scope
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