-- The bulk material handling equipment market was estimated US$ 38.29 Bn in 2017 and expected to rise with a CAGR of 4.5% throughout the projection period from 2018 to 2026.
Market Insights
Continuously expanding population instigated the never-ending process of demand and supply system. Processes such as extraction of natural resources, construction of infrastructures, manufacturing, packaging and cargo transportations are no exception to the scenario. The growth in the aforementioned sectors is recognized as the most vital factor for the growth of the bulk material handling equipment market. The equipment used under the bulk material handling section evolved in a great deal with respect to design, functionality, and performance helping several end-use industries and especially mining and construction industry. The equipment aided the mining industry to uplift themselves from being the most inefficient industry. Similarly, the rapidly growing construction industry is also heavily dependent on such equipment. Consequently, growth construction and mining sectors encouraged the procurement of bulk material handling equipment and resulted in the growth of the market. In addition, the growing number of ports & cargo terminals and packaging industry are playing a major role in driving the industry to notable market value.
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At the present Asia Pacific is at the top of the podium thanks to contribution increased by the developing economies including China and India. China represents as one of the most prominent states in world trade and is at the center of the global mining map. Consequently, it represents itself and the Asia Pacific as one of the lucrative markets in bulk material handling systems market. Other countries including India, Japan, and Australia extend their vital contribution to the market. The market in the Asia Pacific forecasted to retain its dominance throughout the projection period from 2018-2026. However, high cost of procurement and services are causing hindrances in the growth of bulk material handling equipment market.
Port & Cargo Terminals Getting Ready to Outshine Mining End-use Industry in Coming Years
Mining end-use industry dominated the overall bulk material handling equipment market in terms of market value. The overall mining industry registered market value of more than US$ 500 Bn in current year and the market is not expected to curb its growth in coming years. With more mining sites across the globe opening for resource extraction, the demand for bulk material handling equipment is also projected to grow notably for this particular sector. Besides mining, rapid urbanization and significant rise in government projects uplifted the construction industry appeared as a blessing for bulk material handling equipment sector. Other end-use industries such as industrial manufacturing, cargo transportation, and packaging are contributing their share considerably allowing the overall market to grow at a decent pace. Perpetual growth in cargo transportation, and growing number of ports and cargo transportation hubs proving to be a vital point in the development of the market. Consequently, ports & cargo terminals estimated to be the fastest growing market segment throughout the forecast period from 2018 to 2026.
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By Equipment Type:
Stacker
Reclaimer
Stacker Reclaimer
Band Conveyor
Bucket Wheel Excavator
Stripping Shovel
Rope Shovel
Bucket Elevator
Ship Loader
Bucket Crane
By End-user Industries:
Mining
Construction
Industrial Manufacturing
Port & Cargo Terminal
Packaging
Key Analysis Covered:
Most prominent practices observed in bulk material handling equipment market and growth opportunities for bulk material handling equipment manufacturers
Expanding cargo transportation and rapidly evolving packaging industry creating a positive environment for the growth of bulk material handling equipment market
Different type and availability equipment used for bulk material handling across several end-users and their market estimations
Largest and fastest growing segments in terms of equipment type and end-user
Lucrative geographical regions/ countries mapped for the bulk material handling equipment market
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ToC;
Chapter 7 Europe Bulk Material Handling Equipment Market Analysis
7.1 Overview
7.1.1 Europe Bulk Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
7.2 Europe Bulk Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
7.2.1 Comparative Analysis
7.3 Europe Bulk Material Handling Equipment Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
7.3.1 Comparative Analysis
7.4 Europe Bulk Material Handling Equipment Market Analysis, by Country, 2016 – 2026 (US$ Bn)
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe
Chapter 8 Asia Pacific Bulk Material Handling Equipment Market Analysis
8.1 Overview
8.1.1 Asia Pacific Bulk Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
8.2 Asia Pacific Bulk Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
8.2.1 Comparative Analysis
8.3 Asia Pacific Bulk Material Handling Equipment Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
8.3.1 Comparative Analysis
8.4 Asia Pacific Bulk Material Handling Equipment Market Analysis, by Country, 2016 – 2026 (US$ Bn)
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
Chapter 9 Rest of the World (RoW) Bulk Material Handling Equipment Market Analysis
9.1 Overview
9.1.1 RoW Bulk Material Handling Equipment Market Value, 2016-2026, (US$ Bn)
9.2 RoW Bulk Material Handling Equipment Market, by Equipment Type, 2016 – 2026 (US$ Bn)
9.2.1 Comparative Analysis
9.3 RoW Bulk Material Handling Equipment Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
9.3.1 Comparative Analysis
9.4 RoW Bulk Material Handling Equipment Market Analysis, by Country, 2016 – 2026 (US$ Bn)
9.4.1 Middle East & Africa (MEA)
9.4.2 Latin America
Chapter 10 Company Profiles
10.1 Komatsu, Ltd.
10.2 Metso Corporation
10.3 TRF Ltd.
10.4 ThyssenKrupp AG
10.5 IHI Transport Machinery Co., Ltd
10.6 Hitachi Construction Machinery Co.
10.7 L&H Industrial
10.8 Voith GmbH
10.9 Tenova S.p.A,
10.10 Techint Group
10.11 Kawasaki Heavy Industries, Ltd.
10.12 Sumitomo Heavy Industries Material Handling Systems Co., Ltd.
..........................toc continued
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